A Companion For Your Trading Day

A few weeks ago we introduced you to a friend of INO's,  Aamar Shehzad. Today he's going to give our readers a tool that everyone can use daily to improve their trading.

The INO Pivotfarm Data Sheets combine useful market metrics with a very flexible trade journal all on one page. On the market metrics side of things the data sheets include, Market Profile, Fibonacci, Pivot Points, COT Reports, Retail Trader positioning, trend analysis and an Economic calendar. In the center of the data sheet is a fully functional trade journal area that you can use to type in your trades and save to review later. The sheets also contain video news updates inside the PDF! All in all a very valuable tool for 8 markets including Gold, Oil, S&P 500, Nasdaq, Dow Jones. Continue reading "A Companion For Your Trading Day"

Market Update for 6/2/11

Good afternoon, Susan Jackson filling in for Adam for today's afternoon update while he is out of town attending his daughter's wedding. We, here at MarketClub, want to send our congratulations to the happy couple.

Let's jump into the markets... Continue reading "Market Update for 6/2/11"

What's going on in the Markets... (5/18/11)

Hello, Adam Hewison here for MarketClub with your 1 p.m. market update for Wednesday the 18th of May.

Watch what's happening right now ...

S&P500: -60. Market very oversold. Long term uptrend remains intact. Market at the lower end of the Donchian Channel. Neutral - Trading range.

Silver: Score -60. possible bullish divergence on the Williams %R indicator. Major resistance at $39.50. Support at $32.00.

Gold: longer term trend still positive. Score +65. Support at $1,462.50. Resistance at $1,526.Trading Range

Crude Oil: +80 neutral Trading range. Long term indicator remains positive. Mid point on the Donchian Channel. Possible bullish divergence on the Williams %R indicator.

The Dollar Index: Score +55. In a trading range with the longer term outlook remaining negative. Possible negative divergence. Look for a pullback?? Major resistance remains at 77.50.Minor support at 74.00.

The Thomson Reuters/Jefferies CRB Commodity Index: Score -55. Near-term resistance at 348.50. Support at 333.50. Market very oversold on hedge fund liquidation. Bullish divergence on the Williams %R indicator.

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

POLL: Does Drama Affect the Markets?

If you trade the black gold, then we don’t have to tell you that crude oil did not have a good week. Do you think this is because of a decline in demand, or has the drama on Capitol Hill regarding subsidy removal from big oil companies impacted the market?

Where do you think crude oil will go in the next three months?

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POLL: Pain in the GAS!

Consumers blame oil companies, oil companies blame the politicians, and the politicians blame foreign countries. Yes, we’re talking about the price of gas, or crude oil if you will. If you have been trading the black gold, you may be laughing all the way to the bank right now. However, the average American isn’t laughing at all. I think it's safe to say that no one likes to feel like they are being robbed at gunpoint every time they fill their tank.

What action would you like to see taken in order to decrease the demand (price) of oil?

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As always, we would love to hear your thoughts, so be sure to share with us and all of our viewers in the comments section.

Best,
The MarketClub Team