S&P 500
2166.58
-2.60 -0.12%
Dow Indu
18472.17
-1.58 -0.01%
Nasdaq
5139.92
+29.87 +0.58%
Crude Oil
41.77
-0.15 -0.36%
Gold
1341.155
+3.335 +0.25%
Euro
1.109300
+0.002020 +0.18%
US Dollar
96.517
-0.269 -0.35%
Strong

Decision Day For The Federal Reserve

Global stocks rose as Apple's results lifted technology shares, while the Yen dropped after the prime minister had signaled he was committed to a $265 billion stimulus package. Here in the U.S, Treasuries and stocks are little changed as investors await the Federal Reserve's latest assessment of the economy.

MarketClub's Mid-day Market Report

All signs point to The U.S. Federal Reserve keeping interest rates on hold today, but investors will be looking for hints about the Feds next move.

The next move is still seen as an increase in rates. But even as concerns over Brexit ease the U.S. election is drawing closer, likely pushing back action towards the end of the year and possibly limiting the Fed to a single hike in 2016, a far cry from its early-year estimate for four moves.

Key levels to watch this week: [Read more...]

China Recap: The Good And The Bad

Lior Alkalay - INO.com Contributor - Forex


A little more than a week ago, China released its data for second quarter GDP growth alongside other important data sets that, entwined, give us a glimpse into the health of the world’s second largest economy and a framework for FX strategy in the Asian space.

China’s second quarter GDP growth hit 6.7% for the second quarter year-on-year, the same growth rate as the first quarter and moderately higher than the 6.6% called for in Reuters’ consensus poll. The major contributor to GDP growth was consumption, a rather positive sign that consumers are becoming a more prominent engine in the Chinese economy. This was further enforced when China’s retail sales posted growth of 10.6% in June compared to 10.0% in May.

But on the flip side, there were some negative signs as well, and plenty of them. GDP growth was, indeed, driven by consumption but the growth in the services sector, or the tertiary industry as it is referred to, was 7.6% Year on Year. That is simply not enough to accommodate China’s weakness in manufacturing and not exactly in line with China’s growth plans. [Read more...]

Stocks Take A Breather

Hello MarketClub members everywhere. Stocks are fluctuating near all-time highs as investors weigh the prospects for further gains after mixed corporate earnings from companies including Netflix Inc. (NASDAQ:NFLX), Johnson & Johnson (NYSE:JNJ) and The Goldman Sachs Group Inc.(NYSE:GS).

MarketClub's Mid-day Market Report

Key levels to watch this week: [Read more...]

Today's Big Trends and Opportunities

Hello MarketClub members everywhere. In today's video update, I'm going to look at some of the big trends I see in the markets and analyze the power and depth of each them.

MarketClub's Mid-day Market Report

Let's begin with the major indices - it seems like eons ago that the world was going to h*ll and a hand basket with Great Britain's vote to exit the EU or as it was popularly known a Brexit. In a little over three weeks all the major indices have recovered and are trending higher. It just proves once again that the market eventually gets it right. [Read more...]

Cuda, Woulda, Shoulda

Hello MarketClub members everywhere. Okay, so what's with Cuda, Woulda, Shoulda?

Well, the first one, Cuda is the symbol for Barracuda Networks Inc. (NYSE:CUDA) which is looking very positive in my eyes. With all Trade Triangles green and trending higher it looks as though this market has every opportunity to move higher.

MarketClub's Mid-day Market Report

A little over a year ago Barracuda Networks was trading over $45 a share and currently is trading just below $20. The potential for this stock to move at least into the $30 area is quite high in my opinion as that represents a 50% Fibonacci retracement. Now I'm not advocating jumping and buying the stock today as I would like to see some consolidation. It will be a buy if it pulls back to the $18.60 level which is the monthly Trade Triangle entry signal. [Read more...]

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