The Big Story Today is MF Global’s Bankruptcy
Filed under: MarketClub Techniques, Tips & Talk, MarketClub Webinars, Trading Videos
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 31st of October.
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Ask yourself this question, IS PERSONAL COACHING RIGHT FOR ME?
Give us a call today at 877–219–1482 for a free consultation and see if personal coaching is right for you. The call is free and the consultation is free.
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Ex-governor Corzine bets big on sovereign debt and loses.
The big story today: Is MF Global declaring bankruptcy based on their sovereign debt exposure? How can one brokerage company, which MF Global was basically spun off from, become a sovereign debt player to the tune of $50 billion? Well, it’s all about leverage and huge egos, in this case Corzine’s ego. Former governer of New Jersey, Jon Corzine essentially made a huge bet at the derivatives tables and lost! This is what happens when you let egos get involved in the markets over common sense.
In today’s video, we’re going to look at MF Global and show you just how our Trade Triangles were giving clear and concise signals that all was not well. These signals happened months ago as I will show you in today’s video.
As many of you know, we have been criticized for not getting super bullish on the financials, as it looked as though they had broken out. We stuck to our basic beliefs and according to our Trade Triangle technology, the financials hadn’t broken out to the upside. Having a disciplined approach by far and away is the winning strategy to have in today’s markets.
You may recall our comments about how we go from “the world that is coming to an end”, to instant euphoria. Things don’t change quite that fast in the real world of trading. The overall trend continues to be negative in the equity markets. The overall trend in the gold market continues to be positive.
Okay, now let’s go to the charts and see how we can create and maintain your wealth in 2011. Read more
A Monster Halloween From MarketClub
THE MONSTER HALLOWEEN CAST
Mad Professor – Dave * Monster – Adam * Wolf Man- Jeremy * Lucretia -Rachel * Bat Man – Bob
The above cast and the entire staff of MarketClub wish you a fun halloween with family and friends.
The week that was … and what a week! Weekend Video Update
Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 10/28/11.
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BIG MOVES IN ALL THE MARKETS
Last week we saw the markets have massive gains both on the upside in the case of equities, gold, silver and crude oil. The US dollar came under pressure losing 1.6% on its index.
You have to be impressed with the market action and certainly this is a classic example of markets not following the fundamentals. I think everyone can agree that the fundamentals in Europe are not good and they are not particularly great here in the United States.
A quick look at the changes for last week:
S&P 500 Index: – up a positive 3.78% * Spot Silver:– up double digits with a gain of 12.64% * Spot Gold: – up 6.15% * Crude Oil (December): – up 7.05% * Dollar Index: – down 1.6% * Reuters/Jefferies CRB Index: – up 3.9%
So let’s go look at the charts and see what to expect for this coming trading week and find out how we can create can maintain your wealth in 2011.
A Game of “Wait and See” Anyone?
Filed under: MarketClub Techniques, Tips & Talk, MarketClub Webinars, Trading Videos
Hello traders everywhere! Jeremy Lutz here, filling in for Adam with your mid-day market update for Friday, the 28th of October.
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The major indices are nearly unchanged after moving moderately lower earlier in the session today.
It appears that traders are reluctant to make any significant moves following the substantial upward move Thursday. That move was caused by news that European leaders finally made headway towards a potential deal to resolve the regional debt crisis.
Traders look to be taking a “wait and see” approach to this rally, wondering if there will be any follow through next week.
Now, let’s go to the charts and see how we can create and maintain your wealth in 2011. Read more
Is This Rally For Real?
Filed under: MarketClub Techniques, Tips & Talk, MarketClub Webinars, Trading Videos
The Video has been updated to a new version. Thank you for your patience.
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 27th of October.
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Is this rally for real and should you trust it?
The Dow is shaping up to have its biggest ever monthly October gain in the history of the Dow. The question traders have to ask themselves, is this for real and should I get long this market?
Everything was sparked off late last night when they thought they had an agreement with the banks to take a 50% haircut on their bond holdings. To put it in simple terms, if you have something worth $10 on your books, it was now only worth $5. And that’s a relative term, as there is no real trading market for these bonds at the moment.
The sharp upward move in October came as a surprise to many professional traders, as well as hedge fund managers. Today’s action was largely a squeeze play, with the shorts getting squeezed out of their positions forcing them to buy back at higher prices.
Now to get back to our initial question, should you trust this rally in the market? According to our Trade Triangle technology and the long-term trends, not at the moment. Our long-term Trade Triangles on all the indices are still in a negative mode. Somewhere along the line this will change and we will either get a signal to resume short positions or reverse and go long. We will wait and see the outcome of this current move and how it affects our strategy and Trade Triangle technology.
Now, let’s go to the charts and see how we can create and maintain your wealth in 2011. Read more
Getting Technical To Find Potential Trades
If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple and straight-to-the-point. If you like this article, Larry’s also agreed to give you free access to one of his top trading secrets.
Today he’s going to talk about using technical indicators to find potential trading opportunities.
If you know your way around a price chart (Tip#5) then you are ready to learn a little more about technical analysis. This kind of analysis is defined as an attempt to try to forecast price movements based on patterns observed in price changes on charts, or other changes that are not rooted in fundamental observations. Read more
Do You Know Which Way the Market Is Headed?
Filed under: MarketClub Techniques, Tips & Talk, MarketClub Webinars, Trading Videos
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 26th of October.
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Don’t miss MarketClub TV Tonight at 5pm EDT.
E-mail us your questions at marketclubtv@ino.com or call 410 867-2100 extension 129.
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It’s Wednesday, do you know which way the market is headed?
What is gold telling us?
Do you think there is going to be a resolution to the crisis that continues to fester and grow in Europe?
I think everyone is pondering if the European problem is ever going to be fixed. I for one, don’t believe it is going to be fixed. Now we hear that Italy is going to up the retirement age from 65 to 67, but it won’t be going into effect in 2026. Who are they kidding?
If you think Greece was bad, Italy is going to be another big problem waiting to happen. Then we have Spain, Ireland and who knows who else is going to bite the dust…
These are interesting times, and they do lend themselves really well to making money. If you are watching the markets and are nimble in your choice of markets to trade, both from the long and short side, you will do very well.
Don’t forget to watch MarketClub TV tonight, our one-hour show on the market. We go live at 5pm EDT, and if you can’t make that time, we rebroadcast the show throughout the day on demand. That gives you the option of watching it when you have time. We will be covering some pretty interesting action on the markets that we are seeing today.
Now, let’s go to the charts and see how we can create and maintain your wealth in 2011. Read more
How the Best Analyst In the World Nailed Netflix …
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 25th of October.
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Don’t miss MarketClub TV this Wednesday at 5pm EDT.
E-mail us your questions at marketclubtv@ino.com or call 410 867-2100 extension 129.
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How the best analyst in the world nailed Netflix … And why Tuesdays are so important.
Most every day we interact with the best market analyst in the world. The problem is most traders don’t even know it, or think about it. Read more
Is It Reversal Time For the Markets?
Filed under: MarketClub Techniques, Tips & Talk, MarketClub Webinars, Trading Videos
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 24th of October.
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As we begin the trading week, I want you to ask yourself this question. IS PERSONAL COACHING RIGHT FOR ME?
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Is it reversal time for the markets?
At the start of a new week, have we turned around or is this just a correction in a larger bear market?
I think you’ll find today’s video interesting as the S&P 500 has made a remarkable recovery. However, it is back at a crucial Fibonacci retracement level which could present major problems for this index.
In our recent survey we asked traders if they were concerned about what is going on in Europe. A remarkable majority, over 75% said they were, and they do watch events in Europe very closely.
At this point, Europe is really the tail that wags the dog and we are not optimistic that things are going to work out in a positive fashion. They have had a total of 13 summits in a period of 20 months trying to solve this problem. With the likes of Berlusconi, can you imagine telling him what to do? And other players like Nicholas Sarkozy shouting to Brian Cameron of Great Britain to shut up and butt out. And that’s the stuff we hear about!
Imagine the stuff we don’t heard about.
Now, let’s go to the charts and see some of those important retracement levels, and let’s see how we can create and maintain your wealth in 2011. Read more
A simple (humorous) look at bank derivatives
A Banking Primer: Understanding ‘Derivatives’
Heidi is the proprietor of a bar in Detroit. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar.
To solve this problem, she comes up with a new marketing strategy that allows her customers to drink now and pay later; keeping track of the drinks consumed on a ledger (thereby granting the customers ‘loans’). Read more
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