Tag: weekend update

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 8/12/11.

What a week of market swings and volatility. Now that the dust has settled, let's examine what happened in the major markets we track.

Out of the six markets we track every trading day, three markets were in positive territory for the week. The three markets that did not end up in the plus column were S&P500 down 1.71%, Crude Oil lost 1.70% and the Reuters/Jeffries CRB commodity index minus .14% for the week.

The percentage winner for the week was gold which picked up 4.99% and remains in a strong upward trend based on our Trade Triangle technology.

This coming week is sure to be a interesting one. I will be back in the studio on Tuesday with my 1p.m.update on all the market's below. Until then, here's what happened last week in the major markets according to our Trade Triangle technology.

S&P500: change for the week: -1.71%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

Silver: change for the week: +1.94%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Negative
Combined Strength of Trend Score            = - 70

Gold: change for the week: +2.25%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Positive
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = + 100

Oil: change for the week: - 1.70%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

$ Index: change for the week: + .05%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = + 65

CRB Index: change for the week: - .14%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

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This is  Adam Hewison for MarketClub, have a great weekend.

As always, we rely on our market proven Trade Triangle technology for catching the big moves.

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 8/05/11.

What a weekend!! S&P  marks America down to to AA+. That bombshell comes on top of everything else that is happening like the markets crashing and Italy imploding. But you know what, it is also a time of great opportunity if you follow our Trade Triangle technology.

Let's see how the markets performed last week. Out of the six markets we track every trading day, four markets were in negative territory for the week. The two markets that did not end up in the minus column were gold up 2.25% and the dollar index which was up 1.06%

The percentage loser for the week was crude oil which lost a massive 9.21% and is now officially in a bear trend according to our Trade Triangle technology. The S&P500 was close behind with another negative week which saw this index shed 7.18%.

Let's take a look at the charts, because unlike politicians, pundits and gurus, they tell you what is really going on in the world.

So here's what happened last week in the major markets…. Continue reading "America has been marked down!!" →