{"id":7459,"date":"2011-06-02T13:18:29","date_gmt":"2011-06-02T17:18:29","guid":{"rendered":"http:\/\/club.ino.com\/trading\/?p=7459"},"modified":"2011-06-02T13:18:29","modified_gmt":"2011-06-02T17:18:29","slug":"market-update-for-6211","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2011\/06\/market-update-for-6211\/","title":{"rendered":"Market Update for 6\/2\/11"},"content":{"rendered":"<p>Good afternoon, Susan Jackson filling in for Adam for today's afternoon update while he is out of town attending his daughter's wedding. We, here at MarketClub, want to send our congratulations to the happy couple.<\/p>\n<p><iframe loading=\"lazy\" width=\"480\" height=\"295\" src=\"http:\/\/cdn.livestream.com\/embed\/marketclub?layout=4&clip=pla_2c11d0e9-8444-4e56-a057-247740fc1738&color=0xe7e7e7&autoPlay=false&mute=false&iconColorOver=0x888888&iconColor=0x777777&allowchat=true\" style=\"border:0;outline:0\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Let's jump into the markets...<!--more--><\/p>\n<p>Silver \u2013 Yesterday Adam pointed out that we are in a trading range for this market and it wasn't looking terrible, but today has really proven to be a bad one for the silver market, and we're down the better part of 3% for the day and MarketClub's Trade Triangles have downgraded this metal to a -70<\/p>\n<p>Gold \u2013 Luckily for gold bugs, this metal seems to be faring better than its counterpart, however, we did see action retreat from the highs yesterday and we are down for the day so far.<\/p>\n<p>S&P 500 \u2013 After a not so great day and bad economic news yesterday, the S&amp;P is still trading at the lower end of range and at a -60 we are still in a sidelines mode.<\/p>\n<p>Crude Oil \u2013 Today we're trading lower in crude oil and though the overall trend is still up we are holding steady right in the midsection of that Donchian channel.<\/p>\n<p>Now let's take a look at an update on our Perfect Portfolio... FXE, GLD, USO, SPY<\/p>\n<p><a href=\"http:\/\/www.ino.com\/specials\/ino\/prp.html?blogprp0602\">Click here to get your FREE report....<\/a><\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livetv\">Join me again Live tomorrow at 1PM ET for your actionable update!<\/a><\/p>\n<p>Best,<br \/>\nSusan Jackson<\/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>Good afternoon, Susan Jackson filling in for Adam for today's afternoon update while he is out of town attending his daughter's wedding. We, here at MarketClub, want to send our congratulations to the happy couple. Let's jump into the markets...<!-- 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":[4,10],"tags":[28,2023,23,110,2881,294,2074,3733,842],"class_list":["post-7459","post","type-post","status-publish","format-standard","hentry","category-trading-tips","category-trading-videos","tag-crude-oil","tag-education","tag-gold","tag-oil","tag-perfect-portfolio","tag-silver","tag-sp500","tag-update","tag-videos"],"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>Market Update for 6\/2\/11 - 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\/2011\/06\/market-update-for-6211\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Update for 6\/2\/11 - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, Susan Jackson filling in for Adam for today&#039;s afternoon update while he is out of town attending his daughter&#039;s wedding. 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