The latest market update video has been published by AbsoluteWealth.com, and it is presented by contributor John Carter.
Austin, TX (PRWEB) October 12, 2012
The investment advisors at Absolute Wealth have published the latest market update video, and it highlights the recent market trends and trader reactions. It’s presented by financial expert and Absolute Wealth contributor John Carter, who shares his thoughts on a possible crash in the coming weeks.
“It’s October, it’s that time of year, and the big question is, was this the high?” asks Carter in the video. Historically, the fall season has brought market difficulty, and he acknowledges the fact with a prediction of his own.
Carter says he’s looking for as much as a 20% decline. He determines what that means for other asset classes as well.
A common market misconception, says Carter, is that gold goes up when stocks go down. “If stocks crash, gold crashes too,” he said in the video. “If you own bullion don’t worry about it. Longer term gold is fine; I’m just talking about the next couple of months.”
Carter advises traders not to freak out and stop selling, but instead merely tighten up their stops.
Finally, Carter takes a look at the bond trends. “I was surprised today that they actually didn’t move very much… That’s very telling,” said Carter.
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.
Comments and opinion sharing is encouraged through all of Absolute Wealth’s social media outlets, including Facebook, YouTube, and Twitter pages. Whether they agree with the content or not, Absolute Wealth knows that thoughtful and insightful comments always add to the conversation.
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.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebAbsolute-Wealth/John-Carter-market-update/prweb10002230.htm
This article (John Carter and Absolute Wealth Release Most Recent Market Update Video) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
