{"id":20915,"date":"2013-06-26T13:34:38","date_gmt":"2013-06-26T17:34:38","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=20915"},"modified":"2013-06-26T13:34:38","modified_gmt":"2013-06-26T17:34:38","slug":"todays-video-update-is-the-correction-over","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2013\/06\/todays-video-update-is-the-correction-over\/","title":{"rendered":"Today's Video Update: Is The Correction Over?"},"content":{"rendered":"<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=club-mc_update_20130626&amp;sponsor=vantage&amp;mkt+blog1pm0626\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" alt=\"\" src=\"\/img\/sites\/ino\/email\/5078.jpg\" width=\"51\" height=\"51\" \/><\/a>Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your <a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=club-mc_update_20130626&amp;sponsor=vantage&amp;mkt+blog1pm0626\" target=\"_blank\"><strong>mid-day market update<\/strong><\/a> for Wednesday, the 26th of June.<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">Is The Correction Over For The Market, Or Are We Headed Lower?<\/span><br \/>\nA revision in the first quarter GDP from 2.42% to 1.8% did nothing to stop this market moving higher this morning. Once again, this proves that the fundamentals tend to lag the market by a country mile. I will be covering all of the indices in today's update.<!--more--><\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">Fundamentals VS Technicals<\/span><br \/>\nI highly recommend you set aside a few minutes of your time to <a href=\"http:\/\/www.ino.com\/members\/2013\/06\/fundamentals-can-kill-you-if-youre-not-careful\/\" target=\"_blank\">view this video<\/a>.<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">Is Crude Oil Resting Before It Goes Higher?<\/span><br \/>\nFor the most part, crude oil has been stuck in a very broad trading range since September of 2012. There seems to be a ceiling at $100 a barrel and support that comes into the market around $90. Prices for crude oil are practically unchanged since the beginning of this year. Overall I still think, based on our Trade Triangle technology, that this market is headed higher. Remember, \"the trend is your friend,\" and at the moment the trend for crude oil is still positive.<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">When Love Turns To Hate<\/span><br \/>\nMany gold investors must be wondering what is going on in gold and what or who flipped the switch in this market. Gold prices this morning fell to their lowest levels since September of 2010. This also put the price of gold within $60 of my downside target zone of $1,170 a troy ounce. Gold is one of six markets that make up MarketClub's \"World Cup Portfolio.\" <a href=\"http:\/\/club.ino.com\/members\/blog\/marketclubs-world-cup-portfolio\/\" target=\"_blank\">See the simple trading rules and signals for gold<\/a> that are available to all MarketClub members.<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">iPad Owners - Download My Latest Book<\/span><br \/>\n<em><a href=\"https:\/\/itunes.apple.com\/us\/book\/5-professional-trading-rules\/id545873053?mt=11\" target=\"_blank\">5 Professional Trading Rules That Will Make You Successful In Any Market - by Adam Hewison<\/a><\/em><br \/>\nRead It, Review It, Rate It!<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">Dont' Have An iPad? No Worries<\/span><br \/>\n<em><a href=\"http:\/\/bonus.ino.com\/downloads\/5Professional.pdf\" target=\"_blank\">5 Professional Trading Rules That Will Make You Successful In Any Market - by Adam Hewison<\/a><\/em><br \/>\nThis PDF version does not include the video.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=club-mc_update_20130626&amp;sponsor=vantage&amp;mkt+blog1pm0626\" target=\"_blank\"><strong>Watch Today's Video Update Here<\/strong><\/a><\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">There's More<\/span><br \/>\nIn addition to looking at our normal markets, we will also be looking for stocks that are trending higher today. If you haven't watched any of my recent videos, you can watch them by clicking on the links below.<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">Recent Special Videos:<\/span><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/06\/listen-and-learn-a-new-way-to-improve-your-trading\/\" target=\"_blank\">Listen and Learn<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/06\/three-easy-ways-to-put-the-trading-odds-on-your-side\/\" target=\"_blank\">Three Easy Ways<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/06\/fundamentals-can-kill-you-if-youre-not-careful\/\" target=\"_blank\">Fundamentals VS Technicals<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/06\/game-changer-for-gannett\/\" target=\"_blank\">Gannett (NYSE:GCI)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/06\/the-next-100-move-in-gold\/\" target=\"_blank\">Gold<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/06\/an-early-warning-system-you-can-believe-in\/\" target=\"_blank\">Early Warning System<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/06\/is-this-stock-bubbling-higher-or-headed-for-a-bust\/\" target=\"_blank\">SodaStream (NASDAQ:SODA)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/is-apple-setting-up-for-a-big-rally\/\" target=\"_blank\">Apple (NASDAQ:APPL)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/will-yahoos-billion-dollar-bet-sink-the-company\/\" target=\"_blank\">Yahoo (NASDAQ:YHOO)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/sell-in-may-and-go-away\/\" target=\"_blank\">S &amp; P 500 (SP500)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/is-wal-mart-the-canary-in-the-mine\/\" target=\"_blank\">Wal-Mart (NYSE:WMT)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/a-lulu-of-a-stock\/\" target=\"_blank\">Lululemon (NASDAQ:LULU)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/has-apple-lost-its-way\/\" target=\"_blank\">Apple (NASDAQ:APPL)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/electrifying-results-with-this-one-stock\/\" target=\"_blank\">Tesla (NASDAQ:TSLA)<\/a><br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/nine-months-without-a-losing-trade\/\" target=\"_blank\">Google (NASDAQ:GOOG)<\/a><\/p>\n<p>Have a great trading day,<br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/about-adam-hewison\/\" target=\"_blank\">Adam Hewison<\/a><br \/>\nPresident, INO.com<br \/>\nCo-Creator, MarketClub<\/p>\n<p><a href=\"http:\/\/search1.bloomberg.com\/search\/?content_type=all&amp;page=1&amp;q=hewison\" target=\"_blank\" rel=\"attachment wp-att-6508\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-6508\" alt=\"Bloomberg\" src=\"\/img\/sites\/ino\/email\/5074.jpg\" width=\"215\" height=\"51\" \/><\/a> <a href=\"http:\/\/www.bnn.ca\/Search.aspx?query=hewison\" target=\"_blank\" rel=\"attachment wp-att-6507\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6507 alignleft\" alt=\"BNN\" src=\"\/img\/sites\/ino\/email\/5075.jpg\" width=\"117\" height=\"50\" \/><\/a> <a href=\"http:\/\/search.cnbc.com\/main.do?target=all&amp;categories=exclude&amp;keywords=hewison\" target=\"_blank\" rel=\"attachment wp-att-6506\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6506 alignleft\" alt=\"CNBC\" src=\"\/img\/sites\/ino\/email\/5076.jpg\" width=\"111\" height=\"50\" \/><\/a> <a href=\"http:\/\/www.foxbusiness.com\/search-results\/search?q=hewison\" target=\"_blank\" rel=\"attachment wp-att-6505\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6505 alignnone\" alt=\"FOX\" src=\"\/img\/sites\/ino\/email\/5077.jpg\" width=\"241\" height=\"51\" \/><\/a><\/p>\n<p><em><strong>Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.<\/strong><\/em><\/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, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 26th of June. Is The Correction Over For The Market, Or Are We Headed Lower? A revision in the first quarter GDP from 2.42% to 1.8% did nothing to stop this market moving higher [&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":[10],"tags":[4071,188,28,3839,310,1069,59,23,1768,566,7947,4053],"class_list":["post-20915","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-8-95-trial","tag-adam-hewison","tag-crude-oil","tag-donchian-channel","tag-dow","tag-euro","tag-fibonacci","tag-gold","tag-marketclub-tips-talk","tag-trade-triangles","tag-trading-videos","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>Today&#039;s Video Update: Is The Correction Over? - 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:\/\/wwwtest.ino.com\/blog\/2013\/06\/todays-video-update-is-the-correction-over\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Today&#039;s Video Update: Is The Correction Over? - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 26th of June. Is The Correction Over For The Market, Or Are We Headed Lower? 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Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 26th of June. Is The Correction Over For The Market, Or Are We Headed Lower? 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