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Volatility, Uncertainty, Europe And Now Darden Restaurants

 December 06, 2011 02:47 PM
 


What's an investor to do?

Well, the way we look at the markets is pretty simple.  We look at our Trade Triangles everyday as they have an excellent track record at what we call "getting it right".  Are the Trade Triangles right every time?  No, nothing in the investment world is right every single time.  Even CNBC's Mad Money Jim Cramer, only get's it right 50% of the time.

Let me give you a specific and timely example of just how powerful our Trade Triangles are.  Today, Darden Restaurants (DRI) announced disastrous results and guidance, that quite frankly shocked the markets.

So how were our Trade Triangles positioned in Darden Restaurants?  You would have been either totally out of the market or short.  Darden Restaurants, by the way, opened this morning down over 10%! We will be looking at Darden Restaurants today in our video market review.

[Related -Gold hasn’t lost its allure in my portfolio]

Now, let's go to the charts and the video and see how we can create and protect your wealth for the balance of the year.
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S&P 500 INDEX
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The Trade Triangles are showing a Chart Analysis Score of +60 which indicates that we are presently in a trading range for the S&P 500.  With our weekly Trade Triangle turning positive yesterday, intermediate term traders should now be out of this market. Long-term term traders should either be in cash or continue to hold short positions in this index with appropriate money management stops.

[Related -SPDR Gold Trust (ETF) (GLD): Has Gold Entered a New Bull Market?]

BIG PICTURE: Trading Range
Monthly Trade Triangles for Long-Term Trends = Bearish
Weekly Trade Triangles for Intermediate Term Trends = Bullish
Daily Trade Triangles for Short-Term Trends = Bullish

Combined Strength of Trend Score
= +60
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HOW TO USE THE MARKETCLUB SCORING SYSTEM:
Score: 50 – 65 Trading Range
Score: 70 – 80 Emerging Trend
Score: 85 – 100 Strong Trend
————-
See today's S&P 500 Video Here.
————-
Suggested S&P 500 Trading Instruments:
Non Leveraged ETF's: (Long SPY) (Short SH)
2 x Leveraged ETF's: (Long SSO)(Short SDS)
Futures: Contracts are available to trade this market. Contact your broker
Options: Options Contracts are available to trade this market.Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
————-

PERSONAL ONE-ON-ONE MARKETCLUB COACHING
Free call – 877–219–1482 – Free consultation.
Watch my personal one-on-one coaching right here.

————-
SILVER (SPOT)
————-
With a Chart Analysis Score of -100, Silver is in a strong bearish trend. Generally speaking, the major trend for silver continues to be negative based on our monthly and weekly Trade Triangles. Our intermediate Trade Triangles turned negative on 11/17 and our daily Trade Triangle moved into the negative column yesterday putting all our Trade Triangle indicators into a red negative mode. Long-term and intermediate term traders and short term traders should be in short positions in silver with appropriate money management stops.

BIG PICTURE
: Strong Trend Bearish
Monthly Trade Triangles for Long-Term Trends = Bearish
Weekly Trade Triangles for Intermediate Term Trend = Bearish
Daily Trade Triangles for Short-Term Trends = Bearish

Combined Strength of Trend Score = -100
————-
HOW TO USE THE MARKETCLUB SCORING SYSTEM:
Score: 50 – 65 Trading Range
Score: 70 – 80 Emerging Trend
Score: 85 – 100 Strong Trend
————-
See today's Silver Video Here.
————-
Suggested SILVER Trading Instruments:
Non Leveraged ETF's: (Long SLV) (Short the ETF SLV)
Leveraged ETF's: (Long AGQ) (Short ZSL)
Futures: Contracts are available to trade this market.


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