{"id":15251,"date":"2012-07-16T12:54:37","date_gmt":"2012-07-16T16:54:37","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=15251"},"modified":"2012-07-16T12:56:16","modified_gmt":"2012-07-16T16:56:16","slug":"daily-video-update-new-week-same-old-problems","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2012\/07\/daily-video-update-new-week-same-old-problems\/","title":{"rendered":"Daily Video Update: New week, same old problems"},"content":{"rendered":"<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-latest&amp;a_aid=CD4680&amp;a_bid=f0f5b1b8&amp;blog1pm0716\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2011\/12\/1pm-udate.png\" alt=\"\" width=\"140\" height=\"161\" \/><\/a>Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 16th of July.<\/p>\n<p>As we start this new trading week, we still have a myriad of problems that haven't gone away. This morning, Citi Bank announced their earnings for the second quarter. Earnings exceeded expectations, but fell short on revenue.<\/p>\n<p>Technically, the banks are locked in a broad trading range and we are at the upper levels of that range at the moment.<\/p>\n<p>Disappointing retail sales this morning underscore the still fragile psyche of the American consumer. Consumers continue to struggle with the uncertainty of the upcoming elections. At the same time, the world economy continues to muddle through fiscal austerity that is going to infect Europe and the markets for sometime to come.<!--more--><\/p>\n<p>TODAY'S MARKET MOVING SECTORS and STOCKS:<br \/>\nPercentage changes in stocks are relative to the S&amp;P 500<\/p>\n<table style=\"width: 80%;\">\n<tbody>\n<tr>\n<td>CONSUMER GOODS: -0.59%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_MJN\" target=\"blank\">MJN<\/a> -3.34%<\/td>\n<\/tr>\n<tr>\n<td>SERVICES: -0.28%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_LOW\" target=\"blank\">LOW<\/a> -2.80%<\/td>\n<\/tr>\n<tr>\n<td>HEALTHCARE: -0.21%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NASDAQ_ALGN\" target=\"blank\">ALGN<\/a> -4.13%<\/td>\n<\/tr>\n<tr>\n<td>ENERGY: -0.32%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NASDAQ_LUFK\" target=\"blank\">LUFK<\/a> -1.98%<\/td>\n<\/tr>\n<tr>\n<td>TECHNOLOGY: -0.53%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NASDAQ_SWKS\" target=\"blank\">SWKS<\/a> -3.60%<\/td>\n<\/tr>\n<tr>\n<td>FINANCIAL: -0.15%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_JPM\" target=\"blank\">JPM<\/a> -2.02%<\/td>\n<\/tr>\n<tr>\n<td>INDUSTRIAL GOODS: -1.07%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_GDI\" target=\"blank\">GDI<\/a> -9.46%<\/td>\n<\/tr>\n<tr>\n<td>BASIC MATERIALS: -0.85%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_ANR\" target=\"blank\">ANR<\/a> -10.08%<\/td>\n<\/tr>\n<tr>\n<td>UTILITIES: -0.32%<\/td>\n<td>Biggest Loser <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=AMEX_HTM\" target=\"blank\">HTM<\/a> -10.02%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.<strong><em> <a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-latest&amp;a_aid=CD4680&amp;a_bid=f0f5b1b8&amp;blog1pm0716\" target=\"_blank\">Click Here to view today's video<\/a><br \/>\n<\/em><\/strong><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 16th of July. As we start this new trading week, we still have a myriad of problems that haven't gone away. This morning, Citi Bank announced their earnings for the second quarter. Earnings exceeded expectations, but fell short [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10],"tags":[4071,2082,3917,28,1067,3839,310,147,23,1768,307,2074,566,4053],"class_list":["post-15251","post","type-post","status-publish","format-standard","hentry","category-general","category-trading-videos","tag-8-95-trial","tag-copper","tag-crb","tag-crude-oil","tag-dollar","tag-donchian-channel","tag-dow","tag-fibonacci-resistance","tag-gold","tag-marketclub-tips-talk","tag-precious-metals","tag-sp500","tag-trade-triangles","tag-williamr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Video Update: New week, same old problems - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2012\/07\/daily-video-update-new-week-same-old-problems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Video Update: New week, same old problems - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 16th of July. As we start this new trading week, we still have a myriad of problems that haven&#039;t gone away. This morning, Citi Bank announced their earnings for the second quarter. 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