Tag: SP500

More of the same, but are we starting to tip down?

Posted on by The INO.com Team

Hello traders everywhere, Adam Hewison here co-founder of MarketClub with your 1 p.m. market update for Wednesday the 15th of June.

Okay, now here's what's happening right now in the major markets (click to watch the video)...

SP 500: -70. The market action today can only be described as negative. A score is now -70 and our downside target for this market is 1250. Major downside support is at 1250.

Silver: -70. I would watch this market very carefully today as I feel that it is probably at the lower end of its range. We would use the Donchian Channels along with the fact that this market is oversold and expect to see a bounce from current levels. Major Support at 34.00.

Gold: +70. Gold is currently oversold and we expect to see this market balance sometime in the near future. We would not be surprised to see further sideways action but we want to be long this market as the Donchian channel comes in at 1503. Major support at 1,500. Continue reading "More of the same, but are we starting to tip down?" →

MarketClub's weekend wrap for the trading week ending on 6/10/11

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co founder of MarketClub with your weekend update for Saturday the 11th of June.

Here's what happened last week….

SP500:Down for the sixth week in a row with a loss of -2.25%

Silver continues sideways with a loss of -.11%

Gold finished the week with a loss of +1.6%

Oil closes with a loss of -.98%

The US dollar index rallied and posted a gain of +1.47%

Thomson Reuters/Jefferies CRB Commodity Index) finished the week flat -.09%

1PM Market Recap

Posted on by The INO.com Team

Hello traders everywhere, Adam Hewison here co-founder of MarketClub with your 1 p.m. market update for Friday the 10th of June.

It would appear as though the equity markets are continuing their losing streak with another negative week. the last time we saw equities lose six weeks in a row was back in 2002!

Yesterday's DEAD CAT bounce was just that, a DEAD CAT bounce.

Okay, now here's what's happening today in the major markets ... Continue reading "1PM Market Recap" →

1:00 Market Recap

Posted on by The INO.com Team

Hello, traders everywhere. Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Wednesday the 8th of June.

Most traders do not know what a real bear market feels like. No, I am not talking about the 2008 bear market. I am talking about a prolonged Bear market that just doesn't let up -- this type of market just claws away at your equity. You can learn how to easily protect your capital from this kind of disaster by going to MarketClub.

Okay, now here's what's happening in today's major markets ... Continue reading "1:00 Market Recap" →