By now you have probably heard of the horrendous screwup at Knight Capital. It seems that in the space of 15 minutes, Knight Capital lost $440 million with a software snafu. This is four times their earnings last year. They are now exploring their business options, which include seeking equity investments or selling the company outright.
What you probably didn't know is this: Continue reading "We Nailed Knight Capital"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 2nd of August.
As we mentioned on the MarketClub TV show yesterday, no word from the ECB or Mario Draghi spells doom and gloom for the markets. Talk is cheap and the market wants to see concrete action, not talk.
Remember Italy, Spain, Greece, and others owe a boat load of money. We do not believe there is any plan in action and politicians are just thinking of more and more ways to kick the can down the road.
We expect the market to be on the defensive for the balance of the week.
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
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 31st of July.
Will they or won't they? That is the question on every trader's mind these days. Will the ECB ride in and save the Euro? Will Ben Bernanke and the FED come in with another round of quantitative easing? We are not sure, and we don't think anyone on this side of the pond or in Europe, is sure either.
Will ECB Chairman Mario Draghi really follow through and enact concrete measures to avert the European crisis? Regardless of any actions the ECB takes, Italy, Greece, and Spain all owe a boat load of money. How are they ever going to pay it back?
While these uncertain times are full of questions, one thing is for sure, the markets will eventually tell us which way the decision is going. Continue reading "Daily Video Update: ECB, the FED, and the Fiscal Cliff OMG"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 30th of July.
For the past 8 Mondays, the market has closed lower for the day. Is this Monday going to make it 9 in a row? If it is, the market will break a record that has stood since 1973.
Last Friday we posted on the Members Blog a chart of the Euro saying that we think that it has topped out. Today's market action sort of confirms that, and we would not be surprised to see this market on the defensive for the balance of the week. Of course we have some big reports coming out this week, but as always we will rely on our Trade Triangle technology to keep us on the right side of the markets. Continue reading "Daily Video Update: Is Monday going to be 9 in a row?"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 27th of July.
At the moment there are lots of conflicting economic signals coming from Europe, the United States, and China. So, what's an investor to do and believe in? We have always found that the answer for us rests in our Trade Triangle technology. Not only will the Trade Triangles keep you out of non-trending markets, i.e. the current stock market, but they'll also get you in when the trend becomes strong. That's when you want to be in that market and that's the time to make money. So don't worry about what the rest of the world is doing or not doing, trust in MarketClub's non-emotional Trade Triangles. Continue reading "Daily Video Update: Bull market or bear market, the Trade Triangles show you the way"
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