Today's Video Newsletter: The Whale That Swallowed J.P. Morgan

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 15th of March.

The Whale Trade That Won't Die
I'm sure by now you've heard of the disastrous whale trade that was made by J.P. Morgan (JPM) that came out of their London office. This trade cost J.P. Morgan a cool $6 billion. Well, the folks responsible for this trade are getting grilled on Capitol Hill today and I doubt seriously if anything will ever come of the "kabuki theater." Today's hearings allow Senators to pontificate and look very serious, as it plays well in their voting districts. Normally these type of Washington theatrics have very little effect on what's going on in the real world and in the marketplace. Today we will be looking at J.P. Morgan to see how this stock has performed so far this year. Continue reading "Today's Video Newsletter: The Whale That Swallowed J.P. Morgan"

Today's Video Newsletter: The Smartphone Wars - Who is Going to Win?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 13th of March.

THE SMARTPHONE WARS - WHO IS GOING TO WIN?
Samsung is pulling out all the stops today with the launch of its new smartphone, the Galaxy S4. It has been reported that Samsung is spending upwards of $440 million to launch and promote this product. This is in contrast to the $330 million Apple spent on its iPhone launch. The stakes could not be higher as both companies are engaged in a global battle for command of the $400 billion mobile device industry. Continue reading "Today's Video Newsletter: The Smartphone Wars - Who is Going to Win?"

Today's Video Newsletter: Facebook and NetFlix form an alliance to learn more about you

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 13th of March.

THE FACEBOOK - NETFLIX ALLIANCE
Today Netflix and Facebook announced a sharing of data. You can view this in two ways, either it's very destructive, "these folks are learning way too much about my habits," or you can look upon it as a business opportunity. For Netflix, I believe it is more of a plus than it is for Facebook. The new add-on service tells you about what movies your friends are watching and in-turn, it tells your friends what movies you are watching. This could be a very positive move for Netflix. We have been bullish on Netflix for quite some time (12/04/12 @ $89.45) and this is yet another strong signal that Netflix can move higher and over the $200 mark. At the present time, we have upside target zones of $200, $220 for this stock. Continue reading "Today's Video Newsletter: Facebook and NetFlix form an alliance to learn more about you"

Today's Video Newsletter: On the seventh day, He rested

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 12th of March.

EVEN THE MARKET NEEDS TO TAKE A REST AFTER SEVEN DAYS OF GAINS
Not only in the Bible is the number seven significant, but the number seven also plays an important role in the market as an important Fibonacci number in the Fibonacci sequence.

We expect we will see a mixed, resting market. We are not looking for a big down or big up day, but rather a mixed day as the markets rest and consolidate their recent gains. However unlike the general indices, some stocks will do well and others will fall. Continue reading "Today's Video Newsletter: On the seventh day, He rested"

Today's Video Newsletter: Problems in Europe Again?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 11th of March.

PROBLEMS IN EUROPE RAISE THE SPECTER OF GLOBAL UNCERTAINTY
Riots in Spain over the weekend led to general uncertainty in Europe. With its 26% unemployment rate, Spain is facing political and citizen unrest which could be a major problem for the rest of Europe.

If the problems in Spain were not bad enough, Fitch came out on Friday and downgraded the debt for Italy to BBB with a negative outlook. The downgrade reflects inconclusive election results for that country in February, which has led to a political vacuum. We are certainly concerned about Italy as it is third in line behind the US as the most indebted country in the world. If Italy were to see its borrowing costs increase significantly, it could spiral out of control and have a domino effect that would be felt across all the world's equity markets. Continue reading "Today's Video Newsletter: Problems in Europe Again?"