Thursday, February 25, 2010

New Video: Making Sense of Today's Gold Market


It's been about eight days since we did a video on gold, and given the market action today we thought we would look at what is causing the downward pressure in this market.

If you did not watch our last video on gold, we strongly recommend that you watch the video titled "Five Reasons Why Gold Will Not Make a New High This Time" as it will give you a bigger picture of how we see this market playing out in the next 12 months.

In today's short video we look at an indicator that we have not talked about before in any of our videos. The indicator, which is an overlay on top of the chart, is called the Donchian Channel Indicator.

Richard Donchian, who has since passed away, came up with this indicator in the late '40s. The reason why we like this indicator is the fact that it has successfully stood the test of time. We think you'll really enjoy seeing how it can help you make money in the gold market.

Also in this video, we point out one very important cycle that is in play now and where I think the next tradable low is coming into this market.


As always our videos are free to watch and there are no registration requirements. We would really like to hear back from you, with regards to your thoughts on the gold market, so please feel free to leave a comment.



Share

Tuesday, February 23, 2010

New Video: Looking At Silver for All the Wrong Reasons


Late in 2009 a lot of folks began asking us about buying silver instead of gold. At the time, we stated exactly how we felt, in that, why would you try to buy something that is not in the same league as gold? The two markets are completely different and are driven by a different set of emotions and fundamentals.

This is the first video that we have done on silver in quite some time, but we think it's an important one for you to see.

One of the standout features that I noticed was the fact that when gold was making new all time highs in early December, silver failed to take out the March 2008 high. I consider this to be a negative.

In this short video you will very quickly see how we feel about silver and how you can benefit from looking at this market from a different perspective.

As always our videos are free to watch and there are no registration requirements. We hope you find this video both informative, educational, and enjoyable and that you have time to leave a comment.


Good trading,
The Stock Market Club



Share

Thursday, February 18, 2010

Sign up for the "Perfect Portfolio" Webinar this Friday


On Friday, Adam Hewison of the MarketClub is going to go into detail about this hypothetical portfolio and it's conservative strategy. This set up is "perfect"
for those of us who don't want to look at our brokerage accounts every day.

The "Perfect Portfolio" covers 4 ETF's and Adam will look at each and also cover the strategy used to trade them.

Simply click here in order to register for this free web seminar which is available to all of our readers.

See you Friday!
Ray C. Parrish
President/CEO The Stock Market Club

Share

Wednesday, February 17, 2010

New Video: Five Reasons Why Gold Will Not....


Gold has made some exciting moves recently, but what can we expect in the future? In today’s video, we point out five reasons that we do not expect gold to make a new high just yet.

If the current cycle persists, there will be some interesting trades to be had in this market and a possible new high before summer.

The video is free to watch and there are no registration requirements. We hope you enjoy this gold update and please leave a comment about how you feel about this video and this market.


Watch "Five Reasons Why Gold Will Not...."


Share

Monday, February 15, 2010

Jim Cramer Actually Got It Right… Only, Three Months Later?


From Adam Hewison....

It’s no secret that we’ve been socked with snow this past week. During that time, I was flipping through channels and came across Jim Cramer’s show Mad Money. I’ve said this before, Jim is a great entertainer. I am not so sure how good he is at picking stocks.

He mentioned shorting one stock, Garmin (symbol GRMN). What he said about Garmin sort of made sense to me both from a technical and fundamental viewpoint.

So here is the fundamental viewpoint....Many of the new phones that are coming to market are referred to as “smart phones” and have the same capabilities as a standalone, turn by turn GPS. In my own case, I have an Apple iPhone. I was looking for a navigational application in the App Store and found exactly what I needed and the good news was, it was free, that’s right free. So the question is, why would anyone pay $150, $200, or even $300 to Garmin to have one of their systems? Fundamentally, I think his case is very sound.

Then, I looked at the technical picture for Garmin and noticed that we had a red monthly “Trade Triangle” sell signal some time ago (November 4th to be exact at the price point $27.06). So here we are some three to four months later having Jim Cramer tell us that Garmin may be a short.

For my money, I want to be trading the “Trade Triangles” and not listening to Jim Cramer and getting old news.

In this short video on Garmin, you will see exactly what were looking at and where the signals kick in. I also point out where one very important technical indicator is at a tipping point.

As always our videos are free to watch and there are no registration requirements.

I hope you enjoy the video and please feel free to leave a comment here about how you feel about this market.

Get Started Trading Now....With 10 FREE Trading Lessons

Share

Friday, February 12, 2010

Secrets of the 52 Week High Rule


From guest blogger Adam Hewison.....

Over 30 years ago I learned from a very successful trader, a trade secret I’ve never shared on the web before. In fact, I only shared this trading secret with a few friends during that time.

I learned this trading secret from a trader named Bill… I am keeping his last name private as Bill is a very low key guy and shuns any publicity.

Using his special trading technique, Bill made millions and millions of dollars from his office. Now for the first time, I am going to share with you the exact same technique that Bill used so successfully for so many years. The best part is that this technique is still working more than 30 years after I learned about it. Now it’s time for the next generation of traders to learn Bill’s secret.

Bill didn’t even have a name for this killer trading technique. I named
it “The 52 week new highs on Friday rule”.

Just click here to learn this trading secret and please take a minute to leave a comment and let us know what you think.

Share

Wednesday, February 10, 2010

New Video: Is This a Repeat performance....Dow in 2010 = Dow of 1929, a Video Analysis


There is never any shortage of chart comparisons between recent and current recessions and it's time we make our own in todays short video analysis.

Today we examine the crash of 1929 and the similarities to today’s Dow. This video is not meant to scare anyone, but to educate investors and traders of the possibilities that may exist in today’s market.

We could be, repeat, could be very close to a tipping point similar to that of 1930 when the Dow had ended a 50% correction to the upside. I invite you to watch my latest video and see what makes sense to you.

Just click here to watch the video and as always our videos are free to watch and there are no registration requirements. If you agree or disagree with this video please feel free to comment.

Do you know how to play this possible slide? Get Started Trading Now....With 10 FREE Trading Lessons

Share

Tuesday, February 9, 2010

What is This 10 FREE Trading Lesson Program we are Offering?


People have been emailing me and asking me what the FREE trading lesson program we were running is all about. This program is designed to give traders some insight, tools and practices to help them trade successfully.

In this free, informative email course, we will show and explain the tools and strategies you need to increase your success rate in the marketplace. A few of the subjects that we will cover are:

(1) The importance of psychology in price movement

(2) How to spot mega trends

(3) Understanding of technical price objectives

(4) How to picture price objectives

(5) How to trade with moving averages

(6) How to use point and figure trading techniques

(7) How to use the RSI indicator

(8) How to correctly use stochastics in your trading

(9) How to use the ADX indicator to capture trends

(10) How to capitalize on natural market cycles.

Plus, you will you will learn about Fibonacci retracements, MACD, Bollinger Bands and much more.

Simply take a minute to fill out this form and we'll get you started right away!

Good trading,
Ray C. Parrish
President/CEO The Stock Market Club

Make sure to check out our new Trend TV for the latest instructional tools we have.

Share

Monday, February 8, 2010

Gold & SP500 Psychology: They Bail, We Buy

From guest blogger Chris Vermeulen....

Understanding market psychology is crucial for a trader’s success. But so many people get caught up in the daily market volatility, media coverage and “noise” of the trading environment, it’s almost impossible to not think and trade in agreement with the majority of traders.

However, effective technical analysis allows us to use trends, patterns and other indicators to evaluate the market’s current psychological state. Fortunately, this analysis can both enable us to independently forecast whether the market is heading in an upward or downward trend and do so against the grain of the majority.

It takes a disciplined trader to be able to watch and listen to the market doing one thing, filter out the noise, then do the opposite – all in a controlled manor. To this day I still find myself fighting the herd mentality at times and that is when I step away from the computer and regroup.

I have a simple rule that has saved me thousands over the years. I would rather miss a trade and learn what caused me to get confused, then to take a loss.

Rule # 1 – When in Doubt, Stay Out!

There are two types of traders:

1. Herd Mentality Trader – Someone who trades off fear and greed buying near tops and panic selling out at the bottom with the masses.
2. Black Sheep Trader – A trader who stand out from the masses and trades opposite to the “herd” during extreme levels.

Last weeks market action really allowed us to see which way the masses were moving. The extremely high selling volume and sharp price decline notified us that the market was trading off FEAR. And, last Thursday we actually saw PANIC which tells us the balance of the market (retail investors, John Doe’s, The “Herd”) were exiting their positions.

When we see this happen, it’s generally a good time to start scaling into long positions, as most of the down side has already happened.

I have been talking about an ABC retrace pattern for the indexes and gold for some time and last week we got just that. An ABC retrace is when we have 3 waves which are, down, small up, then another leg down.
In short this wave breaks the uptrend of higher highs and lows, as it forms a lower low telling novice traders to sell and go short. This is what causes the high volume and sharp sell offs.

Below are a few charts showing the 2009 July lows and where we are now, February 2010:

SP500 – Daily Trading Chart


Gold – Daily Trading Chart


Silver – Daily Trading Chart


Oil – Daily Trading Chart


Intraday Price Action – Just click here if you want to see some of my exciting intraday trading charts check out the setups last week.

Market Psychology Trading Conclusion:
Most get involved with the stock market because it looks like something they can quickly learn and start making money from home. But it doesn’t take long before they quickly realize there is more to trading than meets the eye.

While trading looks easy from a glance, in actuality I think its one of the toughest jobs out there.

Why? Well, this is what you are up against:
1. You are trying to predict something that is unpredictable
2. You are trading against millions of other highly skilled traders
3. You are trading against automated computers with complex algorithms
4. You are trading with your hard earned money which causes fear and greed
5. You must accept losing trades as that is part of the business
6. You must trade with a proven trading strategy and follow the system
7. You must understand money management and apply it to every trade
8. You must truly love the market cause it will break you down mentally

I don’t want to say you must be a contrarian, but in reality you must do the opposite of the masses during times of extreme price behavior.

These extremes happen on a daily basis when trading intraday charts and every 4-6 weeks when looking at daily charts. The toughest part is to pull the trigger when emotions are flying high in the market and you are looking to do the opposite. It takes several trades before you even start to get comfortable doing this.

I hope this helps shed some light on market psychology.

Just click here if you would like to Receive Chris Vermeulen's Gold Trading Newsletter and Analysis.





Share

Wednesday, February 3, 2010

The "Super Cycle" in Gold and How It Will Affect Your Pocketbook in 2010


Special Video Report From MarketClub.com

Before you make another move in gold, watch this video!

There are going to be some extraordinary opportunities in the gold market, but only if you know what the "super cycle" in gold is doing. As we have seen lately, gold can go up and it can come down just as quickly. The key to success is knowing when the market is in a trough of a trading cycle.

Sign up for our latest gold video and we will share with you what we believe are the secrets of the "super gold cycle".

Just click here to watch "Super Gold Cycle".

Share

Tuesday, February 2, 2010

New Video: Crude Oil…What Does the Chart Say?


It appears as though crude oil has an amazing cyclic quality that can be timed quite accurately with MarketClub’s “Triangle” technology. In this new short video, I showcase this cycle and how you can take advantage of it.

Just click here to watch the new video and as always our videos are free to watch and there are no registration requirements. All we ask for is that you comment on this video if you find it interesting and informative.

Enjoy the video and let us know what you think.

Crude Oil....What Does the Chart Say?

Share