Daily Video Update: When Mario speaks, the markets freak!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 26th of July.

Here is what Mario Draghi, the President of the European Central Bank (ECB), said today in Europe that freaked the markets:

"Within our mandate, the ECB is ready to do whatever it takes to preserve the Euro. And believe me, it will be enough."

My thoughts are, talk is cheap, show us the money Mario!

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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Daily Video Update: Can Apple save the market?

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

After the close today, Apple reports its earnings for Q2 and expectations as always, are very high for Apple. Should Apple just meet those expectations, we think it will be a negative for the market. Should Apple exceed those expectations wildly on the upside, then we think it will give a bump to the tech sector, but it will be temporary. People are not buying iPhones right now as everyone is waiting for the new iPhone 5 to make its debut. The iPhone 5 is scheduled to come out later this year.

Cyclically we see the general market under pressure and to the downside for the balance of the year. Continue reading "Daily Video Update: Can Apple save the market?"

Daily Video Update: Black Monday or a Buying Opportunity?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 23rd of July.

With all eyes on Spain and the dismal performance in Europe this morning, US equities are under heavy pressure. The question is, is this a buying opportunity? We don't think so. As we were saying all last week, the equity markets are coming off a cyclic high period and should be on the defensive for most of this week.

Many companies will be reporting earnings this week, including Apple and Facebook. Continue reading "Daily Video Update: Black Monday or a Buying Opportunity?"

Daily Video Update: What is more important for America, Romney's tax returns or a stronger economy?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 19th of July.

That is the question we posed on our Members Blog today. Please feel free to vote and share your thoughts with us. Continue reading "Daily Video Update: What is more important for America, Romney's tax returns or a stronger economy?"

Daily Video Update: Like an addict, the market needs another fix!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 17th of July.

Like an addict, the market needs another fix and the drug pusher of choice is, of course, Ben Bernanke and his QE pills. The question on trader's minds these days: is the market going to receive another QE3 fix soon? Or are the markets just going to get the shakes and move back to the downside? A QE3 pill is needed if this market is going to get high again, on the upside.

It's very debatable as to whether the Fed and Bernanke have any more pills to sell. If Bernanke is out of pills, then this market will have to go cold turkey. The market will have to survive on its own strength and weaknesses and not some drug induced quantitative easing.

As for MarketClub, we will let the markets and our Trade Triangles do the talking. Continue reading "Daily Video Update: Like an addict, the market needs another fix!"