It seems everywhere you turn there is bad news around the world. Whether it's the Ukraine and Russia shooting down a passenger plane, all the problems in Afghanistan and Iraq with ISIS, and let’s not forget, Hamas and Israel.
Despite having every known obstacle and block thrown in its path, the markets continue to march on and trend higher. How much longer this can go on is anyone's guess.
Somewhere along the line, the markets will make a turn to the downside and when that happens I certainly don't want to be left holding the bag based on what the pundits are saying. I trust in the Trade Triangle technology given its solid track record.
Today, I will be looking at the major indices and indicating where the "line in the sand" is drawn to exit positions should a downturn occur.
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Tuesday, the 6th of May.
In addition to looking at the regular markets I track, I will be looking at four other stocks. Two of the stocks are in bull trends, while the other two are in bearish trends. All four show you the power of the Trade Triangle technology that we have been perfecting over the years.
By: Louis James, Chief Metals & Mining Investment Strategist
It is with a troubled heart that I look at the continued fighting in eastern Ukraine. I worry about my friends and students in the country who may well be in physical danger soon, if the conflict escalates. As an investment analyst, it’s the financial war the Russians seem quite willing to wage that has my attention.
It should have yours as well.
In our just-released documentary, Meltdown America, one of the experts noted that the Kremlin had already made moves to dethrone the US dollar as the world’s reserve currency before the renewed East-West tensions of this year. Putin has openly threatened what amounts to economic warfare as a response to sanctions placed on Russia after its Crimea grab.
In all the years I've been following the markets there comes a time like now, when geopolitics takes center stage. I am of course referring to the recent annexation of the Crimea by Putin. The question now is with a very tepid response from the US and the EU will Putin say to himself Crimea was easy I'll do the same thing with the Ukraine. With an approval rating of 80% back home in Russia, Putin and has little to worry about as he practically walks on water in the minds of most citizens.
What are your thoughts on:
Thank you for taking the time to share your comments and viewpoint with us.
Every success in Q2 and beyond, Adam Hewison