Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/23/11.
What a week!
Depending on what side of the market you are on, it was either a terrible week or a fantastic week.
Fortunately, for MarketClub members they were on the right side of the market's, based on our Trade Triangle technology.
We have said this before, picking tops of bottoms is not where you make the money. You make your money catching the middle part of the big move.
Out of the 6 markets that we track, only one, the dollar index, closed with a positive gain for the week.
The metals market, melted with silver losing an astounding 23.52% and gold ending the week, down 8.57%.
The S&P 500 Index, which put in a positive week 2 weeks ago, gave back everything and then some with a loss of 6.54%.
Both crude oil, and the Reuters/Jefferies CRB Commodity Index, both tumbled producing losses of 8.33% and 8.41% for the week.
The only bright spot for the bulls was the US dollar index which closed up 2.29%.
It would appear that all the predictions for higher gold prices and lower dollars went out the window last week. It proves once again, that the market tells you what it wants to do. Our Trade Triangle technology, gave precise and very clear signals to MarketClub members on the direction of all the markets.
Let's go take a look at the markets and see how we can preserve and protect and grow your capital in 2011.
S&P500: Change for the week: - 6.54%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long SPY) (Short SH)
2 x Leveraged ETF's: (Long SSO)(Short SDS)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
--------
SILVER (SPOT): Change for the week: - 23.52%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long SLV) (Short the ETF SLV)
Leveraged ETF's: (Long AQG) (Short ZSL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
GOLD (SPOT): Change for the week: - 8.57%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long GLD) (Short the ETF GLD)
Leveraged ETF's:(Long UGL) (Short GLL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
CRUDE OIL (November): Change for the week: - 8.33%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long USO) (Short the ETF USO)
Leveraged ETF's: (Long UCO) (Short DTO)
Futures: Call your broker
Options: Call your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
$DOLLAR INDEX (SPOT): Change for the week: + 2.29%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long UUP) (Short UDN)
Non Available Leveraged ETF's: (Long -) (Short -)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
REUTER/JEFFRIES CRB COMMODITY INDEX (SPOT): Change for the week: - 8.41%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long CRBQ) (Short the ETF CRBQ)
Leveraged ETF's: (Long UCO) (Short CMD)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
------------
As always, we rely on our market proven Trade Triangle technology for catching the big moves.
MARKETCLUB ONE-ON-ONE PERSONAL COACHING
This weekend, I would like you to ask yourself this question, IS PERSONAL COACHING RIGHT FOR ME?
Give us a call at 877–219–1482 for a free consultation and find out if personal coaching is right for you.
This is Adam Hewison for MarketClub, I'll see you Monday, have a great weekend.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
-----------------