New Video: We delve into the HERBALIFE Smackdown

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 10th of January.

There is a real smackdown going on in the stock of HERBALIFE (HLF). William Ackman, a major hedge fund manager, is accusing HERBALIFE of being nothing more than a pyramid scheme. That is a pretty serious charge about a public company. On the other side of the smackdown is Daniel Loeb, another big hedge fund manager, who is saying that the accusation is all bull crap. Who's right? We are not taking sides, but it looks to us like they are both talking their positions.

With that in mind, we decided to take a close look at HERBALIFE using our Trade Triangle technology and come to an unbiased opinion on this stock. In today's video, in addition to HERBALIFE and our normal rundown, we will be analyzing Ford Motor Company and Facebook, two very different companies. I think you will find today's video interesting and educational. Continue reading "New Video: We delve into the HERBALIFE Smackdown"

New Video: After the bell Alcoa kicks of the earnings season

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 8th of January.

In today's video, we will analyze AlCOA (AA), who reports earnings after the bell today. There are a couple of technical features that are very interesting at the moment and that standout for this stock. Are market expectations on earnings already built into current prices? We will find out after the close, but in the meantime we will share with you exactly how we are positioned in ALCOA going into earnings season.

JUST REMEMBER …
"SILLY SEASON" is not officially over until next week. Look for the markets to continue to be a little crazy until then. Continue reading "New Video: After the bell Alcoa kicks of the earnings season"

New Video: Is Russia the New Face of Capitalism?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 7th of January.

Let me start by wishing everyone a happy and prosperous 2013! I hope you all enjoyed the break and were able to celebrate Christmas time and the start of the New Year with your families.

IS RUSSIA THE NEW FACE OF CAPITALISM?
Well, you may or may not have heard that Gerard Depardieu, the French movie actor, recently become a Russian citizen and now has a Russian passport. It was purely an economic decision in his case, because he didn't want to pay the 75% rate of tax imposed by François Hollande on millionaires. Taxes in Russia are 13%!

The country who has the lowest taxes usually does well, as 75% of nothing is after all nothing! Continue reading "New Video: Is Russia the New Face of Capitalism?"

New Video: Fiscal Boom?

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 2nd of January.

Stocks continue to see considerable strength after moving sharply higher at the open. The markets continue to benefit from a positive reaction to news of the last-minute fiscal cliff deal in Washington, but will it last?

The news about the fiscal cliff agreement has largely overshadowed a report from the Institute for Supply Management showing a rebound by manufacturing activity in the month of December.

The ISM said its purchasing managers index climbed to 50.7 in December from 49.5 in November, with a reading above 50 indicating an expansion by the manufacturing sector. Economists had expected the index to climb to 50.5.

A separate report from the Commerce Department showed an unexpected drop in construction spending in the month of November.

Let's see what the Trade Triangles say about the markets today.

Every Success,
Jeremy Lutz

Click Here to view today's video

Silver is in a Bear Flag

Seeking Alpha has only 3 entries under the ‘Gold & Precious Metals’ section of its most recent ‘Macro View’ email notice:

  1. Silver: Another Decade of 500% Returns is Possible
  2. Silver: Are We Ready Yet for the Rally to $60+?
  3. Silver is Set to Explode in 2013

To be fair, the second article highlights lower near-term targets prior to a rally to $60+ and this brings me to my point; silver is in a bear flag.  I too am bullish on Ag and Au in 2013, but the charts are the charts and silver’s daily chart targets 27-28 first, which we have been noting in the newsletter despite a recent change to a bullish risk vs. reward stance on the precious metals complex. Continue reading "Silver is in a Bear Flag"