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"