{"id":8107,"date":"2011-07-09T15:26:54","date_gmt":"2011-07-09T19:26:54","guid":{"rendered":"http:\/\/club.ino.com\/trading\/?p=8107"},"modified":"2011-07-09T15:26:54","modified_gmt":"2011-07-09T19:26:54","slug":"weekend-update-18000-jobs-are-you-kidding-me","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2011\/07\/weekend-update-18000-jobs-are-you-kidding-me\/","title":{"rendered":"Weekend Update --- 18,000 jobs are you kidding me?"},"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\/08\/11.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/?70911\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-2419\" title=\"iStock_cgpeople_umbrella\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2010\/07\/iStock_cgpeople_umbrella-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2010\/07\/iStock_cgpeople_umbrella-150x150.jpg 150w, https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2010\/07\/iStock_cgpeople_umbrella-300x300.jpg 300w, https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2010\/07\/iStock_cgpeople_umbrella.jpg 347w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>Despite a very scary jobs report last Friday the S&amp;P managed to close out the week with a meager gain of .30%. The big star of the week had to be silver, which jumped 8.35% to its best levels in several weeks. Gold followed course with an impressive gain of 3.79%.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/?70911\">View video here<\/a><\/p>\n<p>One market we closely watch and have talked about many times before, is the Reuters\/Jeffries CRB Index. This Index is made up of raw commodity prices. Included in the index is crude oil which tacked onto last weeks gains with a solid 1.82% gain. However the overall index was up 2.16% and confirmed the bullish engulfing line we talked about in last weekend's report. An important low is now in place for this index.\u00a0 The Reuters\/Jeffries CRB Index is the best indicator we have for detecting signs of inflation. It is also Ben Bernanke's worst nightmare, its the one index he won't quote or even talk about. This is a critical week for this index and it should be watched closely.<\/p>\n<p><!--more--><a href=\"http:\/\/tv.ino.com\/free\/?70911\">View video here<\/a><\/p>\n<p>Here's what happened last week in the major markets\u2026.<\/p>\n<p>S&amp;P500 +.30%<br \/>\nSilver +8.35%<br \/>\nGold +3.79<br \/>\nOil +1.82%<br \/>\n$ Index +1.05%<br \/>\nCRB Index +2.16%<\/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>We want you to be part of the MarketClub TV show this Wednesday and here's an easy way to do that. Now you can call 410-867-2100 extension 129 and (1)leave a message, (2) tell us how you use MarketClub, (3) asked a question about the market or (4) anything to do with the markets. When you call you will be automatically entered to win a one-year membership to MarketClub. So don't miss out-to be a part of the show that everyone is talking about. Plus get a chance to win a free membership.<\/p>\n<p>As always, we rely on our market proven Trade Triangle technology for catching the big moves.<\/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\/08\/11. Despite a very scary jobs report last Friday the S&amp;P managed to close out the week with a meager gain of .30%. The big star of the week had to be silver, which jumped [&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-8107","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 - 18,000 jobs are you kidding me? - 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\/2011\/07\/weekend-update-18000-jobs-are-you-kidding-me\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekend Update - 18,000 jobs are you kidding me? - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend trading update for the week ending on 7\/08\/11. Despite a very scary jobs report last Friday the S&amp;P managed to close out the week with a meager gain of .30%. 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