Daily Update: FED showdown at 2:15 today and it looks like Knight Capital pushed the wrong button!

Tune in tonight for the video presentation on MarketClub TV.

Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 1st of August.

Happy first of August. We start off the new month with a potential game changer and a potential bang from the Fed today at 2:15. By the time you're reading this report, news will probably be out. I am not sure much is going to happen as the markets are fairly high considering what's going on in the rest of the world.

Pandemonium hit the floor the New York Stock Exchange first thing this morning as it would appear as though volume just jumped off the charts. For example, Molycorp was shown trading more than 5.7 million shares in the first 45 minutes of trading. That stock usually averages about 2.6 million shares daily. Did someone press the wrong button at Knight Capital? Continue reading "Daily Update: FED showdown at 2:15 today and it looks like Knight Capital pushed the wrong button!"

Daily Video Update: ECB, the FED, and the Fiscal Cliff OMG

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 31st of July.

Will they or won't they? That is the question on every trader's mind these days. Will the ECB ride in and save the Euro? Will Ben Bernanke and the FED come in with another round of quantitative easing? We are not sure, and we don't think anyone on this side of the pond or in Europe, is sure either.

Will ECB Chairman Mario Draghi really follow through and enact concrete measures to avert the European crisis? Regardless of any actions the ECB takes, Italy, Greece, and Spain all owe a boat load of money. How are they ever going to pay it back?

While these uncertain times are full of questions, one thing is for sure, the markets will eventually tell us which way the decision is going. Continue reading "Daily Video Update: ECB, the FED, and the Fiscal Cliff OMG"

Daily Video Update: Is Monday going to be 9 in a row?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 30th of July.

For the past 8 Mondays, the market has closed lower for the day. Is this Monday going to make it 9 in a row? If it is, the market will break a record that has stood since 1973.

Last Friday we posted on the Members Blog a chart of the Euro saying that we think that it has topped out. Today's market action sort of confirms that, and we would not be surprised to see this market on the defensive for the balance of the week. Of course we have some big reports coming out this week, but as always we will rely on our Trade Triangle technology to keep us on the right side of the markets. Continue reading "Daily Video Update: Is Monday going to be 9 in a row?"

Daily Video Update: Bull market or bear market, the Trade Triangles show you the way

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 27th of July.

At the moment there are lots of conflicting economic signals coming from Europe, the United States, and China. So, what's an investor to do and believe in? We have always found that the answer for us rests in our Trade Triangle technology. Not only will the Trade Triangles keep you out of non-trending markets, i.e. the current stock market, but they'll also get you in when the trend becomes strong. That's when you want to be in that market and that's the time to make money. So don't worry about what the rest of the world is doing or not doing, trust in MarketClub's non-emotional Trade Triangles. Continue reading "Daily Video Update: Bull market or bear market, the Trade Triangles show you the way"

Daily Video Update: A swing and a miss for Apple

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 25th of July.

Perception and expectations can be everything in the markets, and these two powerful forces sometimes trump the fundamentals and the technicals. Such was the case yesterday, when Apple reported its numbers for the quarter. It was a swing and a miss for Apple as they missed on both the top and bottom line. The after market was swift in its perception of the numbers, and pushed Apple down over 5% later in the day.

Today's early rally in stocks was largely caused by no more bad news from Europe, the Euro rally, and Caterpillar's earnings.

Let's not get carried away with happy times are here again, we still have a myriad of problems here in the US and all of the same growing problems in Europe. These problems, in our opinion, are going to be a drag on the market for the rest of the year. Continue reading "Daily Video Update: A swing and a miss for Apple"