Hello MarketClub members everywhere. It's Friday and the big winner for the week is Crude Oil which is up 8.34% for the week and in turn my recommendation to buy Kinder Morgan Inc. (NYSE:KMI). Looking at the major indices here are the changes so far this week (Thursday Closes): S&P 500 (CME:SP500): +0.14% Dow (INDEX:DJI): +0.11% NASDAQ (NASDAQ:COMP): +0.25% Gold (FOREX:XAUUSDO): +0.71% Crude Oil (NYMEX:CL.U16.E): +8.34% I will be examining each of the markets listed above and time permitting I will be looking at some stocks that are making 52 week highs. Here is a weekend trading alert, go to the Smart Scan tab then select "52wk High". Filtered out by choosing Ave Daily Volume, then choose greater than 2 million. After you have done that choose a price point that you like, for example, you may want to buy stocks that are $20 as opposed to $100. After you have done that follow these rules. Here are the three rules you need to trade "The 52-week New Lows on Friday Rule." Rule #1: On a new 52-week low when the market closes at or close to its low on a Friday, short and go home short for the weekend. Rule #2: Exit short position on the opening the following Tuesday. Rule #3: if the market opens sharply higher on Monday exit this position immediately. There you have it. These are the only three rules that you need to trade "The 52-week New Lows on Friday rule" successfully. The "The 52-week new highs on Friday Rule" works extremely well in futures and in Forex. Money Management Alert: please remember that markets can change quite dramatically especially in the waning days of summer when the markets are quite thinly traded. Always have areas in your mind that if the market penetrates those levels, you will exit your position. This is called discipline and money management and over the long term it will save you and make you money.
MarketClub/INO, a division of TIFIN Group LLC, is affiliated with Magnifi via common ownership. Affiliates of Magnifi will receive cash compensation for referrals of clients who open accounts with Magnifi. Due to this compensation, a conflict of interest exists since MarketClub/INO has an incentive to recommend Magnifi LLC.
Magnifi LLC does not charge advisory fees or transaction fees for non-managed accounts. Clients who elect to have Magnifi LLC manage all or a portion of their account will be charged an advisory fee. Please see Magnifi’s Form ADV for additional information about fees and charges that may apply. Magnifi LLC receives compensation from product sponsors related to recommendations. Other fees and charges may apply.
Magnifi, normally $14 per month, will be available at no additional cost to MarketClub members. Account holders must be 18 years of age and have an approved Magnifi account. Magnifi will determine qualifying account holders at its own discretion.
U.S. Government Required Disclaimer—Commodity Futures Trading Commission
Futures and Options trading has large potential rewards, but also large
potential risk. You must be aware of the risks and be willing to accept
them in order to invest in the futures and options markets. Don't trade
with money you can't afford to lose. This is neither a solicitation nor
an offer to Buy/Sell futures or options. No representation is being
made that any account will or is likely to achieve profits or losses
similar to those discussed on this web site. The past performance of
any trading system or methodology is not necessarily indicative of
future results.
CFTC RULE 4.41—HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the MarketClub™ methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.
You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.