The Battle Continues Between the Bulls and the Bears - Weekend Video Update

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/16/11.

The battle between the Bulls and Bears continues in the equity markets. This past week the Bulls won with a very positive 5.35% return.

Out of the 6 markets that we track, only two closed with a positive gain for the week and they were the S&P 500 index and crude oil. We consider both of these moves counter trend rallies.

Both the silver and gold markets lost ground last week, with silver closing down 1.89% and gold dropping 2.36%.

The Dollar Index saw some profit taking and closed down .85% for the week.

The Reuters/Jefferies CRB Commodity Index also came under pressure and closed down 1.38% in line with the general trend.

Let's go take a look at the markets and see how we can preserve and protect and grow your capital in 2011.

Continue reading "The Battle Continues Between the Bulls and the Bears - Weekend Video Update"

Special Weekend Update: Greece is getting market down!!

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/09/2011.

What comes after Greece? The simple answer is disaster!

It seems inevitable that Greece is going to default, and who can blame them? The Germans don't want to put any more money into this disaster and now they are circling the wagons to protect their  own banks.

If the politicians knew anything about trading, they would have cut their losses on Greece a long time ago. We have ranted  about this dysfunctional country in the past. Greece cannot be considered in the same league, as powerhouse countries like Germany or France. Both those countries actually have economies that work for the most part. Greece on the other hand, is all about the Acropolis, ouzo and other Greek wonders from the past. There is nothing in the future for this country except to default and start all over again. Sooner or later the truth will come out, and the politicians will not be able to kick the can down the road any longer.

Let's go take a look at the markets and see how we can preserve and protect and grow your wealth in 2011. Continue reading "Special Weekend Update: Greece is getting market down!!"

Trading on "Eggshells"

Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Friday the 24th of June.

It has been quite a week with the Greek problem still not out of the woods. Ben Bernanke indicated that the economy is not so good after all. Plus the release of 30 million barrels of oil just enough for the US to get through a day or two. How crazy is all of that.

Okay, here it is the end of the week and the markets are mixed at 1pm. The Dow is down for the week right now, the NASDAQ is on the plus side, and the S&P500 is stuck in the middle of the road and has barely changed this week.

Now let's take a look at what's happening in the markets today... Continue reading "Trading on "Eggshells""

Does Bernanke know best?

Hello traders everywhere.  Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Wednesday the 22nd of June.

Yesterday it was Greece, today it's Ben Bernanke and the FED. What is really going on with the equity market is that no one has strong feelings either on the upside or downside . This neutrality is reflected in our +55 reading indicating that the market remains in a trading range. Today we want to do something a little bit different, I am going to go through each of the markets quickly, and  then zoom in and focus on two markets crude oil and silver. I think you'll find our analysis quite interesting and informative.

Now let's take a look at what's happening in the markets... Continue reading "Does Bernanke know best?"

All Eyes Are On Greece

Hello traders everywhere, Adam Hewison here co-founder of MarketClub with your 1 p.m. market update for Tuesday the 21st of June.

All eyes are on Greece as the vote will be taken this afternoon at five o'clock Eastern standard Time. That is a vote of confidence on the last 30 measures and also on the government. As you know, the market has been in an oversold condition and I think today's rally was reflective of that move from an oversold condition. Crucial 5 PM Vote comes in when the markets are closed. If there is a vote that is negative then these markets will come crashing down tomorrow. This is just like gambling in that no one knows what's going to happen with the Greek government. My own view is if they do agree on what they're doing it will just be kicking the can down the road.

Now let's take a look at the markets.... Continue reading "All Eyes Are On Greece"