In Lieu of Our Holiday Party

Updated: December 29, 2020

Congrats to Our Selected Charity - 180 Degrees Inc. (Saint Paul, MN)

This organization was suggested by our visitor, Matthew.

180 Degrees' mission is to support individuals and families to overcome barriers, transform lives, and contribute to healthy, multicultural communities. We have proudly donated $500 to 180 Degrees in Matthew's honor.

Learn More About 180 Degrees


2020 was a challenging year for everyone.

It's probably the most overused sentence of the year, but it's true. It was a year of distance and division, uncertainty, and isolation.

All things considered, the team at INO.com feels incredibly blessed this year thanks to the wonderful INO.com community and our MarketClub members.

While we had hoped to host our annual holiday party for our team and their families, our staff agreed that people in our community needed our help.

In place of our holiday party, INO.com happily provided meals to food-insecure families through donations to the South County Area Network, MAC House in Moorefield, Wardensville Food Pantry, and the Lost River Ministerial Food Pantry.

President of INO.com, David Maher, personally presented the Mac House with our donation. The coordinator of the Moorefield food efforts said, "Wow, that’s wonderful! Thank you! Thank you! This community is blessed by its giving and caring people. Very generous of you especially in this difficult time."

Truck full of food donation for charity
David Maher Presents Donation to MAC House in Moorefield
Food stacked up to be donated

While we have made donations like this before through our INO Cares initiative, we know that so many more people need help this year. Continue reading "In Lieu of Our Holiday Party"

Stocks End Week Lower On Stimulus Concerns

The stock market started this week with what looked like another record run, but things turned sour mid-week as COVID-19 infections continue to rise both in the US and globally. Adding to the uneasiness is Washington's inability to agree on a stimulus package and jobless claims numbers that continue to grow. Last week's report saw that number grow to 853,000, the highest total since Sept. 19.

Lawmakers seek to pass a bill before lifelines expire at the end of 2020, but disagreements over state and local stimulus, unemployment assistance, and stimulus checks still exist. Continue reading "Stocks End Week Lower On Stimulus Concerns"

Options: Generating Consistent Monthly Income

Generating consistent monthly income in a high probability manner in both bear and bull markets is the luxury of options trading. The core of options trading is defining risk, leveraging a minimal amount of capital, and maximizing returns. They enable smooth and consistent portfolio appreciation without guessing which way the market will move. An options-based portfolio performance demonstrates the durability and resiliency of options trading as a means to drive portfolio results.

An agile options-based portfolio is essential to navigate pockets of volatility and mitigate market downdrafts. The recent September correction, October nosedive, and election volatility into November are prime examples of why risk management is paramount. Despite the recent market volatility, positive returns in all three market scenarios were generated. Over the past 6-plus months, 171 trades were placed and closed. A win rate of 98% was achieved with an average ROI per trade of 7.6% and an overall option premium capture of 89% while matching returns of the broader market and outperforming during market downswings (Figures 1 and 2).

Options

Figure 1 – Overall option metrics from May 2020 – December 4th, 2020
Continue reading "Options: Generating Consistent Monthly Income"

Disappointing Jobs Report Doesn't Stop Record Run

Stocks hit record intraday highs and closed at record highs on Friday, with the S&P 500 and DOW closing higher for the second straight week as traders shook off a disappointing U.S. jobs report. The NASDAQ was able to make it three weeks in a row with a weekly gain.

The DOW closed higher by 248.74 points or +0.8%, at 30,218.26. The S&P 500 gained +0.9% to end the day at 3,699.12, and the NASDAQ advanced +0.7% to 12,464.23.

On a weekly level, the S&P 500 posted a weekly gain of +1.6%, while the DOW gained +1%, and the NASDAQ led the three indexes with a gain of +2%. Continue reading "Disappointing Jobs Report Doesn't Stop Record Run"

NASDAQ Holds On To Weekly Gain

The NASDAQ is the only one of the three major indexers to hold on to a weekly gain. Early in the week, the DOW was making a run at 30,000, but it ultimately failed to reach that level and has since been stuck in the mud incurring daily losses in the 3 of the 5 days this week. The NASDAQ, however, was able to post 3 winning days out of the 5 to produce a weekly gain.

As it stands heading into the close, the NASDAQ will post a gain of roughly +.75% while the S&P 500 and DOW will post weekly losses somewhere in the neighborhood of roughly -.4% and -.5%, respectively.

The U.S. dollar and gold are also on the losing side of the coin, posting weekly losses of -.4% and -.9%. Crude oil made a strong comeback with back to back weekly gains and will post a gain just short of +4% for the week. Continue reading "NASDAQ Holds On To Weekly Gain"