Austin, TX (PRWEB) October 18, 2012
The most recent market update video has been published to Absolute Wealth’s financial information website, and in it contributor John Carter talks through the latest movements and trends in the stock markets.
Carter explains how the market shifted into a big move upward, a pullback, and then a “crater,” as he described it.
“The last two days… we had a bounce off of that [trend],” Carter said in the video. “The question is, ‘Is this thing good to go? Are we out of the woods here? Are we good to rally?’”
Based off of the information gathered by Carter, he claims that the rally will reach the trend line and then go lower.
“At this point if you’re long, it doesn’t mean you have to bail and run for cover or anything like that. Just tighten stops,” Carter said.
Carter comments on Apple’s stock, and explains a way to approach the market. He also discusses the market’s influence on gold.
“Gold and the stock market are actually very much in-tune right now,” said Carter. “If the stock market rolls over here, guess what? Gold is going to go too. It’s not a safe haven, because it’s tied into stocks.”
Overall, Cater doesn’t see much improvement in the short term. “Put on your seatbelts,” Carter says in closing. “This is going to be a very volatile week.”
Viewers can follow along with Carter as he browses through the stock numbers and data charts, and visually see the very movements and patterns he is talking about. As in all market update videos, he advises a couple of attractive stocks and alerts traders to what they should avoid.
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John F. Carter has investment expertise in his blood, growing up with a father who worked as a Morgan Stanley broker. After studying abroad and at the University of Texas, Carter worked as a financial analyst in the retail sector. In 1998 he became a full-time professional trader and later started to seek out other traders and post information online, which led to the launch of TradeTheMarkets.com, as well as a Commodity Trading Advisor through Razor Trading. In 2006 he published “Mastering the Trade,” a best-selling book in its niche since its release.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.