Daily Video Update: 12,25,100 and 750, all are meaningful numbers today

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 25th of October.

Apple disappoints and Amazon posts a loss.

As we stated in yesterday's video we were on the sidelines on both Apple and Amazon before their earning announcements. This sideline position was based on our weekly intermediate trend Trade Triangle. Once again this conservative strategy proved to be a winning approach for both of these stocks which have performed so well for our members.

So what do 12, 25, 100 and 750 have in common? The one thing they have in common is, they are all important numbers now and the next several days. Here's why they are important.

Let's begin with 12… Continue reading "Daily Video Update: 12,25,100 and 750, all are meaningful numbers today"

Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 25th of October.

After the closing bell tonight we have the number one tech company, Apple, reporting their earnings, as well as the number one online consumer company, Amazon, reporting their earnings.

Doubtless the earnings of these two giants will have an effect on tomorrow's market. In today's video we will be looking at both Apple and Amazon and share with you how we are positioned before the earnings are reported. I think you will find how we are positioned might be very contrary to popular opinion.

UNCERTAINTY PERSISTS Continue reading "Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?"

MarketClub TV for 10/24/12: October can be a tough month for stocks

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 24th of October.

For the first time in five months the market is lower for the month by almost 2%. October can be a very cruel month for stocks. Some of the biggest stock plunges in financial history have all occurred, coincidentally, in October.

THE BIG THREE PLUNGES

Oct. 29, 1929, the Dow plunged a substantial 12.8 percent. However, it didn’t stop there.

Oct. 19, 1987, the stock market lost $1 trillion in value in the next few weeks.

Oct. 2008, saw a start of a market melt down. The problems began months before, but October was the worst month. Continue reading "MarketClub TV for 10/24/12: October can be a tough month for stocks"

October Frightfest: Failure to Break Concrete Ceiling Results in Pullback

HEALTHY CONSOLIDATION OR DEEPER CORRECTION AHEAD?

The month of October has not been kind to Gold & Silver Bulls as the markets have continued to breakdown, ending a lackluster week with an especially weak close.

The inability or failure to take out the Bears’ Concrete Ceilings of resistance at $1800 Gold and $35 Silver has weighed heavily on the Bulls as this consolidation is wringing out any excessive bullish sentiment from these heavy metals, hard currencies.

Let’s take a quick look at how far (and how fast) these markets have recently fallen off their most recent highs: Continue reading "October Frightfest: Failure to Break Concrete Ceiling Results in Pullback"

Daily Video Update: The most important debate in American politics takes place tonight. Are you going to watch?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 22nd of October.

One of the big untold stories in 2012 is the fact that the stock market is up 15% for the year and has outperformed every other asset class. The last time this happened was in 1995, so it is pretty unusual. With a couple of months to go before year end, we'll see how things play out.

Now, it could be argued that the massive ongoing stimulus acted to propel stocks higher. It could also be argued that it was the policies of this current administration that pushed stocks up. Either way, the market is higher for the year. As traders we try not to think about who or what is causing a market to move, we simply like to get the direction right and go with the major trend.

LAST WEEK: Late last week, Lindsay created a very powerful video on SkyWest (SKYW) stock. The video runs about four minutes and explains how using our Trade Triangle technology can help you significantly outperform a buy-and-hold strategy. Continue reading "Daily Video Update: The most important debate in American politics takes place tonight. Are you going to watch?"