Everything Changes In 15 Trading Days

Hello MarketClub members everywhere. As we plod through the dog days of summer and the oppressive heat that we have been experiencing along the Atlantic seaboard, we have to remember that there's an end in sight. What I mean by that is Labor Day is rapidly approaching and it signals to all the traders out there that summer is over and it's time to get back to work and making money in the marketplace.

MarketClub's Mid-day Market Report

It is amazing how attitudes change or become reinforced after Labor Day.

In addition to Labor Day, this is the final week of the Olympic distraction, if that was not enough we will also soon be getting bombarded by political messages for the general election on November 8th.

So what's a trader to do? Here are 5 suggestions to keep you on the right track in 2016. Continue reading "Everything Changes In 15 Trading Days"

This Energy Stock Is Screaming Buy Me

Hello MarketClub members everywhere. It is no secret that the energy sector has been under pressure after crude oil (NYMEX:CL.U16.E) hit a peak of around $52.00 a barrel on June 8th. Since then crude oil has steadily trended lower dipping below $40.00 just this week.

MarketClub's Mid-day Market Report

The Trade Triangles just covered the last short position from $45.64 yesterday at $41.88 for a gain of $3.76 or $3,760.00 per contract. As of today, the Trade Triangles are in a neutral position and awaiting the next signal.

All of this leads me to one energy stock that is defying the odds and is standing out like a sore thumb and begging to be purchased and that stock is Kinder Morgan Inc. (NYSE:KMI). In today's video I will walk you thru the primary reasons why I like this stock and more importantly where the exit door is if my analysis is wrong.

In addition to Kinder Morgan, I will be analyzing at gold and the major indices today.

Have a great trading day and weekend.

Stay focused and disciplined.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

The Best Is Yet To Come

Hello MarketClub members everywhere. Looking at the markets, it seems to me that the best is yet to come. What I mean by that is I think that the equity markets can still go higher, a lot higher based on the Trade Triangles and the technical formations on the charts.

MarketClub's Mid-day Market Report

In today's video update I will be looking at all three major indices and sharing with you exactly how high I think one index is heading and one to avoid.

I will also be analyzing the gold (FOREX:XAUUSDO) market which closed out the week on a very positive note. This week could be a key week for gold and gold stocks in particular. I will give you my reasons why you should be paying close attention to gold right now.

Has crude oil (NYMEX:CL.U16.E) reached a crucial Fibonacci retracement level? What crude does at this stage is crucial to its future direction.

Stay focused and disciplined.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Dollar Falls As U.S. GDP Disappoints

Hello MarketClub members everywhere. Once again the U.S. economy was sluggish in the spring, dashing expectations for a strong rebound after a tough winter. Stronger consumer spending was offset by weakness in housing construction and a big slowdown in the pace that businesses restocked store shelves.

MarketClub's Mid-day Market Report

The Commerce Department said Friday that the GDP grew at a 1.2% annual rate in the April-June quarter. That was far below the 2.6% GDP growth rate that economists had been forecasting.

The government also revised its estimate of first-quarter growth down to 0.8% from the previously reported 1.1%. That makes three straight quarters in which the economy has grown at a lackluster rate.

Key levels to watch next week: Continue reading "Dollar Falls As U.S. GDP Disappoints"

Decision Day For The Federal Reserve

Global stocks rose as Apple's results lifted technology shares, while the Yen dropped after the prime minister had signaled he was committed to a $265 billion stimulus package. Here in the U.S, Treasuries and stocks are little changed as investors await the Federal Reserve's latest assessment of the economy.

MarketClub's Mid-day Market Report

All signs point to The U.S. Federal Reserve keeping interest rates on hold today, but investors will be looking for hints about the Feds next move.

The next move is still seen as an increase in rates. But even as concerns over Brexit ease the U.S. election is drawing closer, likely pushing back action towards the end of the year and possibly limiting the Fed to a single hike in 2016, a far cry from its early-year estimate for four moves.

Key levels to watch this week: Continue reading "Decision Day For The Federal Reserve"