{"id":7971,"date":"2011-07-02T14:51:04","date_gmt":"2011-07-02T18:51:04","guid":{"rendered":"http:\/\/club.ino.com\/trading\/?p=7971"},"modified":"2011-07-02T14:51:04","modified_gmt":"2011-07-02T18:51:04","slug":"weekend-update-for-702-plus-whats-with-barrons-150-oil","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2011\/07\/weekend-update-for-702-plus-whats-with-barrons-150-oil\/","title":{"rendered":"Weekend Update for 7\/02. Plus what's with BARRON'S ... $150 OIL!!"},"content":{"rendered":"<p>Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend trading update for the week ending on 7\/01\/11.<\/p>\n<p>This past week was one to remember.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/?7211\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-7976\" title=\"BARRONS 150\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2011\/07\/BARRONS-150.jpg\" alt=\"\" width=\"132\" height=\"129\" \/><\/a>The equity markets rallied 5.6% for their biggest one week move since 2009.<br \/>\nAlso on the move was crude oil which  rallied back to a point higher than when President Obama released the 30 million barrels of oil. The cover of BARRON'S had one of the biggest headlines I have seen recently saying \"READY FOR $150 OIL?\" Sound's like a game changer to me.<\/p>\n<p>Closely following the move in oil was the CRB Index which jumped 2.39%.<br \/>\nOne of several things that stand out to us this week was the potential creation of a \"bullish engulfing line\" in crude oil. A higher close this week in crude will confirm that this market has found a bottom<\/p>\n<p>Here's what happened last week in the major markets\u2026.<\/p>\n<p>Click on the image to watch the weekend update.<\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/tv.ino.com\/free\/?7211\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-7977\" style=\"margin-left: 30px; margin-right: 30px;\" title=\"weekendbig\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2011\/07\/weekendbig-300x154.jpg\" alt=\"\" width=\"300\" height=\"154\" srcset=\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2011\/07\/weekendbig-300x154.jpg 300w, https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2011\/07\/weekendbig.jpg 450w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>S&amp;P500 +5.61%<br \/>\nSilver -1.23%<br \/>\nGold -.97%<br \/>\nOil +4.06%<br \/>\n$ Index -1.79%<br \/>\nCRB Index +2.39%<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>If you haven't watch our 1 PM updates, I recommend you take a look on this blog at some of our earlier postings.<\/p>\n<p>As always, we rely on our market proven Trade Triangle technology for catching the big moves.<\/p>\n<p>Have A great 4th of July !<\/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 fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend trading update for the week ending on 7\/01\/11. This past week was one to remember. The equity markets rallied 5.6% for their biggest one week move since 2009. Also on the move was crude oil which rallied back to a point 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":[],"class_list":["post-7971","post","type-post","status-publish","format-standard","hentry","category-trading-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>Weekend Update for 7\/02. 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