S&P 500
2176.12
-4.26 -0.20%
Dow Indu
18454.30
-48.69 -0.26%
Nasdaq
5220.19
-12.14 -0.23%
Crude Oil
46.17
-0.18 -0.39%
Gold
1313.190
-1.825 -0.14%
Euro
1.114030
-0.001420 -0.13%
US Dollar
96.138
+0.085 +0.11%
Weak

Semiconductor Sector, Updated

By: Gary Tanashian of Biiwii.com

We have been using the Semis as a one of several economic signposts, and as an investment/trading destination since the Semi Equipment ‘bookings’ category in the Book-to-Bill ratio began to ramp up several months ago.  But those who say that Semiconductors are subject to pricing pressures are correct.  It is a segment in which people need to be discrete with their investments.  NFTRH 410 updated some details about this market leader.

sox vs. ndx

sox vs. spx

Semiconductor Sector

Semi has been a leader for our overall market and economic view, which has been bullish since noting that a trend of three straight months of increased bookings was established in April. The Book-to-Bill for July came in strong once again, with a new high in the key ‘bookings’ category. [Read more...]

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.

Crude Oil Futures

Crude oil futures in the October contract are trading higher by 50 cents this Friday afternoon in New York after settling last Friday at 49.11 while currently trading at 47.85 down about $1.50 for the trading week still hovering right near a 7 high. Oil prices are trading above their 20 and 100-day moving average telling you that the short-term trend is higher as I’m currently sitting on the sidelines in this commodity as the chart structure is very poor at present as I’m waiting for the monetary risk to be lowered so I will be patient. The market today reacted off the Federal Reserve’s announcement that they probably will not raise interest rates sending many commodities higher while also sending the U.S dollar slightly lower today as it certainly looks to me that interest rates are going to be low for a long period of time. However, oversupply issues of crude oil is what is hampering this market at the current time. [Read more...]

A Zombie Financial System, Black Swans and A Gold Share Correction

Bob Moriarty of 321Gold says that since the crash of 2008, the financial system has become a zombie, and he urges investors to pay attention to when they take some money off the table.

Black Swans

The world's financial system died in mid-September of 2008. Since then it has become something out of Night of the Living Dead, in other words, a zombie. Central banks around the world came up with an interesting new concept that you could somehow borrow and spend your way to prosperity. Great concept but it seems to have failed utterly.

We have a zombie financial system now and the world owes more than at any point in history. Most governments are functionally bankrupt yet they want to borrow and spend more in the hopes that if it didn't work before, maybe it will somehow work if they do more of it. Our grandchildren and their children are going to be paying for this monumental stupidity. [Read more...]

The 5 Fatal Flaws of Trading

By: Elliott Wave International

Close to ninety percent of all traders lose money. The remaining ten percent somehow manage to either break even or even turn a profit -- and more importantly, do it consistently. How do they do that?

That's an age-old question. While there is no magic formula, Elliott Wave International's own Jeffrey Kennedy has identified five fundamental flaws that, in his opinion, stop most traders from being consistently successful. We don't claim to have found The Holy Grail of trading here, but sometimes a single idea can change a person's life. Maybe you'll find one in Jeffrey's take on trading. We sincerely hope so.

The following is an excerpt form Jeffrey Kennedy's Trader's Classroom Collection eBook. [Read more...]

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.

Mexican Peso Futures

The Mexican Peso in the September contract settled last Friday at 5462 while currently trading at 5460 basically unchanged for the trading week while trading lower for the 2nd consecutive day down about 50 points this Friday afternoon as I am looking at entering into a bullish position come Monday’s trade. The 10 day low at the present time stands at 5305 which is risking around $900 per contract plus slippage and commission but come Monday’s trade that will be raised to 5358 risking less than $500 per contract plus slippage and commission as I will be patient and look for an entry point come Monday morning. The Peso is trading above its 20 and 100-day moving average telling you that the short-term trend is higher as I think this recent pullback in price is due to the tremendous rally we’ve had in the month of August as I still think the bullish trend is still intact. [Read more...]

© Copyright INO.com, Inc. All Rights Reserved.