Tag: dow

Daily Update: How many ways can Europe kick the can down the road?

Posted on by The INO.com Team

Due to technical difficulties we will not be posting a video today.

Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market report for Friday, the 17th of August.

Yesterday the markets shrugged off negative news and focused on the comments from German Chancellor, Angela Merkel. Ms. Merkel, who just returned from vacation, has somehow miraculously endorsed the European Central Bank’s conditional support for Spain and Italy. On the other side of the coin, a Finnish official has suggested that Euro zone leaders are preparing for the worst, including a possible breakup of the currency bloc.

Upon further inspection, Ms. Merkel's statements of support leave room for a great deal of interpretation. We see it quite simply as delay, delay, delay, and yet another way for politicians to kick the can down the road. Continue reading "Daily Update: How many ways can Europe kick the can down the road?" →

Daily Video Update: The Excitement of Going Nowhere Fast

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 16th of August.

The market has been grinding higher almost daily and today would mark the 6th day in a row that this market has closed higher. With our long-term Trade Triangle still in a negative mode, we are not excited about chasing the current rally. Intermediate traders should be out of this market, while long-term traders should either be on the sidelines or short the S&P 500 index.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

Daily Video Update: Mixed economic signals, signal a market that is seeking direction

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 15th of August.

I have no trend, I have no trend, seems to be this markets mantra at the moment. It would appear as every time we have positive news for the market, we have negative news that follows which pretty much negates all of the positive news. That seems to be the major theme for August. Take today for example.

(GOOD NEWS) Industrial Production in US Rises 0.6% on Autos, Utilities
(GOOD NEWS) Home builder Confidence in US Increases to Five-Year High

(BAD NEWS) Staples Net Falls 32% on Weak International Sales; Cuts Year View
(BAD NEWS) Slipping international sales zap Deere 3rd-qtr earnings

I could go on, but I think you get the picture.

Eventually, the stalemate will be over and the market will resume in a direction for more than one day. We are relying on our Trade Triangle Technology as we know mathematically that the odds are on our side when we use this approach. I hope you were able to catch yesterday's video as we highlighted a major stock, and I stepped you through every signal since 2004! The results speak for themselves.

Stay tuned to today as I have a special surprise for all MarketClub Members that will come at the end of today's video.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

Daily Video Update: Where do we go from here?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 14th of August.

At the moment there appears to be a lack of conviction by both the bulls and the bears to move this market one way or another. This indecision has also registered in our Trade Triangle technology with many of the major markets now indicating a sideways to mixed trend.

It has been this way for quite some time and I think it is wearing a lot of investors and traders down. Normally, when you have indecision like we are witnessing in the markets they are usually preparing for some big moves later in the year. The big moves may begin after Labor Day, when many traders and investors return from their summer hiatus. Also, it should noted that volume has been extremely light in many of the markets which underscores the lack of participation by both the public and professional traders.

We are also going to be looking at a buy and hold strategy compared to a strategy using MarketClub's Trade Triangle Technology. It's on a major stock that everyone knows. The results may surprise you so stay tuned.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

Daily Video Update: Game On - Politics, the Olympics, and the markets

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 13th of August.

We are back again on Monday and seeing the markets on the defensive from where they closed on Friday. This past weekend we witnessed the closure of the summer Olympics, with an impressive medal score not only for the United States, but also for Team GB.

This past weekend Mitt Romney announced that he has picked his VP running mate, Paul Ryan, a 42-year-old Congressman from Wisconsin. Regardless of one's own political beliefs, we say Game On! What happens now in this race for the presidency is going to have a direct bearing on the markets, so we should all be paying close attention.

On the other side of the pond, BOE Governor King was quoted this weekend in the Sunday Mail (an English Newspaper) as saying he sees, "no obvious end in sight" for Europe's crisis. It would appear as though the European problem, as well as the slow down in China, is not on the radar of most traders at the moment.

Europe, China, and the upcoming general election will give traders a lot to think about. As always, we are going to rely on our Trade Triangles to point to where the markets are headed in the months ahead.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video