Stocks Lower On Threat Of Government Shutdown

Hello Traders everywhere. Once again the threat of a U.S. Government shutdown is pushing stocks lower. At a rally in Phoenix, AZ last night President Donald Trump said, "If we have to close down our government, we're building that wall."

MarketClub's Mid-day Market Report

Wall Street also has its sights set on Jackson Hole, Wyoming this week, where a coalition of central bankers are meeting for the Federal Reserve's annual Economic Policy Symposium.

Both Fed Chair Janet Yellen and European Central Bank President Mario Draghi are set to speak on Friday. Yellen will likely discuss weak inflation and the Fed's plan to rein in its balance sheet. Strategists doubt that the Fed will initiate any significant policy changes or increase rates with the personal consumption expenditures (PCE) price index making slow gains over the past few months.

Key levels to watch next week: Continue reading "Stocks Lower On Threat Of Government Shutdown"

How You Can Make Money From Market Volatility

Matt Thalman - INO.com Contributor - ETFs


Based on a number of recent reports indicating the major indexes could end the year flat from where they sit today, I offered a few ideas on how investors could still profit during the last four months of 2017.

One of those ways was using Exchange Traded Funds that invest in the futures of the Volatility Index. For most investors, the CBOE Volatility Index or VIX or even the 'fear gauge,' is a rather complicated and confusing market measuring stick. So, today we are going to go through the 'ins' and 'outs' of the VIX and go into a little more detail on how the average investor can use the VIX ETF's to turn a little profit from time to time.

The CBOE Volatility Index (VIX) was designed to put a number on market volatility so investors could trade and make money based on the volatility of the stock market. This is achieved through the use of the futures market and options prices. The VIX tells investors the square root of the risk-neutral expectation of the S&P 500 variance during the following 30 calendar days.

The VIX is often quoted as a number, say 10, 20, 25. That number represents the expected annualized change, with a 68% probability of being true, of the S&P 500. So for example if the VIX is at 20, it would be predicting the S&P 500 will change up or down by 20% over the next 12 months. Continue reading "How You Can Make Money From Market Volatility"

The Madness of Crowds

George Yacik - INO.com Contributor - Fed & Interest Rates


What a difference a week makes. Two weeks ago we were in a nuclear standoff with North Korea’s mad dictator. Then just a week later the nation was plunged into a “crisis” over a few thousand – or is it a couple of hundred? – Klansmen and Nazis, which had the smartest people in government, business and politics refighting the Civil War. Kim Jong-Un and his sycophants in Pyongyang must be laughing themselves silly, or kicking themselves for backing down.

President Donald Trump
Image Courtesy of AP

If all we have to worry about is a bunch of Klansmen and Nazis parading in the streets, things must be pretty darn good in the United States. So intelligent investors shouldn’t be overly alarmed and go about their business, as they seemed to be doing by the end of last week.

Then again, this phony outrage has nothing to do with racism or hate or statues of Confederate generals. It has everything to do with President Donald Trump’s enemies trying to remove him from office.

Whether they will be successful or not remains to be determined. But last week’s events certainly should leave us a little concerned, since we learned a little bit more about who Trump’s friends are, and who he can count on for support if things get worse. Continue reading "The Madness of Crowds"

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the December contract settled last Friday in New York at 1,294 while currently trading at 1,306 up about $12 for the trading week breaking the critical 1,300 level now looking to retest the April 17th high of 1,307 as this bullish trend remains intact in my opinion. I'm currently not involved in gold, however, if you do have a bullish position continue to place the stop loss under the 10-day low standing at 1,257. The chart structure will start to improve over the next couple of days, therefore, lowering the monetary risk as low-interest rates in the United States continue to help push up the precious metals here in the short-term. A major terrorist attack in Spain on Thursday is also helping push prices higher as the world is on alert for more attacks in the coming weeks. Prices are trading above their 20 and 100-day moving average telling you that this trend is to the upside with the next major level of resistance all the way at 1,350 which was touched in last November during the U.S election. At present my only precious metal recommendation is still a bullish position in the copper market, but it looks like higher prices are ahead across the board.
TREND: HIGHER
CHART STRUCTURE: IMPROVING

Continue reading "Weekly Futures Recap With Mike Seery"

Stocks Turn On Bannon's Exit

Hello Traders everywhere. The stock market was trading and trending lower for the day to close at a four-day low when all of the sudden it reversed course. The cause for the reverse, news that White House strategist Steve Bannon was dismissed from his duties by President Donald Trump.

I can't recall such a clear and distinct turnaround caused by news from the White House like today; it sure came out of nowhere.

MarketClub's Mid-day Market Report

Oil prices jumped higher Friday as the stock market strengthened and the U.S. dollar weakened. However, crude oil futures remain on track to close the week down as traders are still worried about the global oil glut.

Key levels to watch next week: Continue reading "Stocks Turn On Bannon's Exit"