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Weak

Duffey Footprints 5K & Toni Hansen - INO Cares

We had so many amazing organizations and events that we wanted to select for our August INO Cares Campaign. We just couldn’t choose between them, so we decided to carryover the giving into September.

If you recall, in August we sent a donation to Hope For Guatemala, as a close friend of the INO.com family was traveling to the area on a missions trip. Read all about the organization and Richard Lusk’s adventure.
Duffey Footprints
This month, we would like to highlight two causes that are very near and dear to our hearts!

INO.com partner, David Maher and his wife, Amy Maher, are very involved in the youth program at their church in Moorefield, West Virginia. Amy and Dave are passionate about personal and spiritual health in their tight-knit community. Along with other church members, the Mahers helped the youth group and community members train and prepare for a 5K. The final event was the Duffy Footprints 5k/1Mile Race to raise money for the new Family Life Center and youth programs at Duffey Memorial United Methodist Church.

This self-improvement program used the Run For God curriculum. Run For God began as a 2010 Bible study that paralleled faith and endurance. Since then, tens of thousands have walked successfully though this program and many have adopted new lifestyles which value both physical and spiritual health.

The Mahers also recognize that their home state of West Virginia is a state with one of the highest obesity rates in the country. The CDC reports that 67.4% of adults living in West Virginia are overweight and adolescent obesity is on an up-trend. The Duffy Footprints 5k/1Mile Race was an amazing opportunity to promote healthy living and exercise in their community, while also raising money for a Family Life Center that will help strengthen families in their spiritual faith.

The Duffy Footprints Race took place on August 2nd, 2014. There were approximately 115 runners and the event raised $3,100.

INO.com was proud to sponsor this race and provided the t-shirts for the runners. Because of this, 100% of the registration fee and race proceeds were given to the Duffey Memorial UMC to support their Family Life Center program. We hope that the congregation will make this an annual event!

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There was also a cause that came up quickly and we felt compelled to send aid. In August we wrote about Traders For Toni. This fundraiser was set-up by some of the most well-known and respected traders in the industry to help fellow trader, Toni Hansen.

Toni Hansen is a mother, author, trader, teacher, and friend to many people in the trading community. She has personal relationships with those here at INO.com and her call for help has been heard loud and clear!

After blacking out at home, Toni was taken to the ER. After numerous hospital visits, spinal taps, CT scans and MRIs, Toni has been accurately diagnosed with a spinal fluid leak. The doctors were able to treat her and she is currently in the recovery process. Unfortunately, her insurance company has denied a bulk of her claim and her medical bills have become unmanageable.

INO.com has made a donation to Toni to help ease the burden of out-of-pocket costs for her procedure. To learn more about Toni’s story or to make a contribution, please visit her fundraising page.

If you have any ideas for a future INO Cares campaign, please send them our way!

Best,

The INO Cares Team

Run Your Portfolio Like A Hedge Fund Manager

As I was perusing my morning news feed, I came across an appalling amount of headlines about the ever-dreaded 'correction.' While there is value in some of these articles, the majority provide no unique insight.

Here's how one should think about a possible correction: How do I spot a correction? How do I protect against losing my shirt in a downturn? And how do I properly implement any suggested strategy?

First Question: How does one even know if a correction is coming? [Read more...]

Article source: http://www.streetauthority.com/node/30480377

Gold at $1,500 by Christmas?

The Gold Report: Gold continues to languish under $1,300 per ounce ($1,300/oz), even as full economic recoveries in the U.S. and the European Union (EU) have yet to occur, despite trillions in new debt and stimulus. Meanwhile, we have two wars in the Middle East that could escalate, as well as reports that Russian troops are in Ukraine. With all that in mind, do you think that gold's fundamentals are less important than they once were, or is the price of gold being held back by other factors?

Charles Oliver: Gold is just as valuable today as it was 100 years ago. There was an orchestrated takedown of gold in April 2013. It has since traded between $1,200/oz and $1,400/oz, and this flies in the face of the conditions you mentioned.Silver Wh

"Asanko Gold Inc. has great assets."

We're going to have to be patient. We have gone through a bottoming process. We've had similar conditions before. In 1974, after the oil embargo, U.S. inflation was increasing dramatically, yet gold fell from about $200/oz to about $100/oz in 1976. Then over the next four years gold subsequently rallied to over $800/oz. In this decade, gold has fallen from $1,921/oz to $1,180/oz, but the fundamentals remain intact, and gold will regain its reputation as a unique store of value.

TGR: You used the phrase "orchestrated takedown." Do you agree with the thesis advanced by the Gold Anti-Trust Action Committee (GATA) that gold and silver prices are manipulated downward by central banks? [Read more...]

Article source: http://feedproxy.google.com/~r/theaureport/Ajgh/~3/WFwgxWBXh9M/16243

The Worst Investing Mistake You're Probably Making Right Now

By: Francisco Bermea

The moment the market opens, my inbox gets flooded with alerts I've set up to notify me when a holding makes a big move, hits a stop-loss, releases important news, etc.

The other week, I was inundated with messages telling me several of my holdings hit 52-week highs. In fact, in just one day, I received 11 different alerts of stocks hitting new highs.

To a huge portion of the investing community, a stock hitting 52-week highs strikes a Pavlovian response... they immediately start thinking about selling. After all, one of the first lessons investors are taught is to "buy low, sell high."

This can turn out to be a huge mistake. [Read more...]

Article source: http://www.streetauthority.com/node/30478010

Miners' Cost Cutting Set to Deliver in Late 2014

The Gold Report: The gold price can't seem to climb back above $1,300/ounce ($1,300/oz) despite several geopolitical hotspots making headlines. What's underpinning the price weakness?

Raj Ray: The issue is that despite the geopolitical backdrop, the fundamentals still appear weak. The big drivers demand from India and China and gold exchange-traded fund shave been more or less flat year-over-year. China is still digesting the gold it purchased last year. And, although price premiums have declined in India following the recent Bank of India's move to permit trading houses to import gold again, further relaxation of the import tariffs is not forthcoming. If not for geopolitical conflicts providing support, gold could have moved much lower than $1,300/oz. I don't see a big driver to push gold higher over the next six to eight months.

TGR: India has imposed high tariffs on gold imports and those have resulted in a marked increase in gold smuggling. How is that influencing the gold prices?

"The first time two royalty companies came together to bid for a single project was with True Gold Mining Inc.'s Karma."

RR: I don't think there has been a marked impact on gold prices in India due to smuggling. The World Gold Council says about 250 tons of gold are smuggled into India each year. If you add that to the official gold imports of roughly 800850 tons, you still have a shortfall of around 200300 tons based on average annual imports. What might be something to look out for heading into the wedding season is the rainfall and its impact on food production. Rural India accounts for 6070% of India's gold demand. The rainfall outlook has improved slightly, but a rainfall shortage could make the government reluctant to reduce the import duties anytime soon. It would also mean that people have less money to spend on gold.

TGR: You said China is still digesting its 2013 gold hoard. How long before China is consuming gold as it did in 2013? [Read more...]

Article source: http://feedproxy.google.com/~r/theaureport/Ajgh/~3/XllhbJHoAYg/16239

The Most Important Stock To Watch This Month Is...

By: John Kosar of Street Authority

All major U.S. indices closed higher for the fourth consecutive week, this time led by the small-cap Russell 2000, which was up 1.2%. Year to date, however, the Russell has by far been the weakest, up just 0.9%. This puts the burden for continued broad market leadership squarely on the other traditional market leader -- technology.

The tech-heavy Nasdaq 100 has been up to the challenge so far, posting a 13.7% gain year to date, and is a major reason why the SP 500 is up 8.4% in 2014. But with small caps already weak, if and when technology stocks stop leading, the overall market is likely to run into some serious problems.

My own metric, which is based on ETF asset flows, shows that the largest inflow of sector-related investor assets last week was into defensive utilities and out of industrials. Accordingly, last week's strongest sector was utilities, up 2%, with industrials the only sector to finish the week in negative territory.

Be Aware Of September Seasonal Weakness

As we move into September, a good place to begin this week's report is with monthly seasonality. The chart shows that September is the seasonally weakest month of the year in the SP 500 since 1957. On average, it closed 0.68% lower for the month and posted a negative monthly close 54% of the time.

This is one of several good reasons to pay particularly close attention to your stock market investments this month, and to have a defensive plan already in place in case this 56-year seasonal pattern emerges again this year.

We should also note the historical tendency for a strong fourth-quarter rebound, so even if the market does correct this month, we should be looking for near-term weakness to potentially provide better intermediate-term buying opportunities. [Read more...]

Article source: http://www.streetauthority.com/node/30477923

Five Aussie Companies with Cash Flows, Low Costs and MOUs

The Mining Report: Australian mining shares had a great July. Was that a one-off or indicative of a trend?

Luke Smith: July tends to be good because the fiscal year-end for most personal investors in Australia is June 30, so there is tax-loss selling up to that date. That said, this July was better than average. The gains slowed down at the end of the month, but we've seen a liftoff again from the middle of August. Hopefully, this trend will continue, and we'll see the revival of Australia's small-resources sector.

TMR: Asian countries such as China and Indonesia are moving toward added-value mining. What implications does that have for Australian mining?

LS: Indonesia is a large supplier globally of tin, nickel and pig iron. The decrease in tin from there is counteracted to some degree by Myanmar becoming a tin producer overnight. The decrease of Indonesian nickel has already been positive for Australian nickel producers and explorers and the nickel price on the London Metals Exchange.

"Syrah Resources Inc. owns the Balama project, which contains close to 1.2 Bt with about 10% total contained graphite."

TMR: Newcrest Mining Ltd. (NCM:ASX), Australia's biggest gold miner, has suffered a lot of bad news lately, including a $2.5 billion ($2.5B) write-down and a class action suit. To what extent do its woes mirror that of Australia's gold industry as a whole? [Read more...]

Article source: http://feedproxy.google.com/~r/theenergyreport/caoK/~3/zDf4wFskO4k/16230

Major Bearish Trend Change Overseas May Spell Trouble for U.S. Market

By: John Kosar of Street Authority

All major U.S. indices closed higher for the third consecutive week, led by the Dow Jones Industrial Average, which was up 2%. Year to date, by far the strongest major index has been the tech-heavy Nasdaq 100 (NDX), which is up 12.8%. This leadership by technology has been a key catalyst in the 2014 broad market advance, helping the SP 500 post a 7.6% gain despite a weak small cap sector. This strength in tech must continue to keep the broader market headed higher.

From a sector standpoint, last week's advance was led by financials, industrials and consumer discretionary, but all sectors of the SP 500 ended in positive territory.

Key Indices Held Major Support Levels in August

Many key indices, including the SP 500, Dow Jones Industrial Average and PHLX Semiconductor Index, have rebounded nicely from major support levels that were tested during the first week of August, and finished last week at or near their 2014 highs.

The SPDR Dow Jones Industrial Average (NYSE: DIA), which I first mentioned as a potential buying opportunity in the May 12 Market Outlook, closed out last week 3.7% above its Aug. 7 test of its 200-day moving average, a widely watched major trend proxy, and less than 1% below its July 17 all-time high of $171.32.

Although I remain cautiously positive on DIA heading into this week, I am still apprehensive about its more intermediate-term sustainability due to frothy investor sentiment, weak August-to-September seasonality, and major overhead resistance in the market-leading Nasdaq 100. [Read more...]

Article source: http://www.streetauthority.com/node/30476272

5 Insider Tips To Multiply Your Income Like A Wall Street Pro

By: Michael Vodicka of Street Authority

In all my years in the market, I've never heard of such an incredible track record.

The IPO prospectus from high-frequency trading firm Virtu Financial reveals that in the past four years, the company has lost money in exactly one of 1,238 trading sessions.

J.P. Morgan didn't have a single losing day in 2013. Bank of America notched a perfect performance of its own in the first quarter of 2013.

Clearly, Wall Street trades and invests its own money a lot differently than the "buy and hold" strategy it preaches to its clients.

One of the best-kept secrets they use is selling options.

Does that sound scary? Intimidating? [Read more...]

Article source: http://www.streetauthority.com/node/30475663

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