Author: The INO.com Team

Did This Formation Just Indicate That A Fed Rate Hike Is Ahead

Posted on by The INO.com Team

Hello MarketClub members everywhere. According to St. Louis Fed Pres. Bullard (voter) December seems to be a "reasonable time" to raise interest rates. My guess is that the Fed will do zero and hope to hold off raising interest rates until 2017. The reason I say that is that it would more than likely hurt the Christmas shopping season and that is something the Fed is loath to do.

MarketClub's Mid-day Market Report

Now let me say this, I'm not a fan of the Fed and I think they've handled things very poorly and have done nothing to spur or help the economy. I do however believe that when interest begin to move higher, it will be an incentive for people to go out and begin buying things and looking at real estate again before rates get out of their price range. In other words, I think it will have the opposite effect of not dulling the economy, but spurring the economy to greater productivity. Continue reading "Did This Formation Just Indicate That A Fed Rate Hike Is Ahead" →

It's A New Trading Week And A New President-Elect

Posted on by The INO.com Team

Hello MarketClub members everywhere. The Chinese have a saying that goes like this; "May you live in interesting times" well these certainly are interesting times in America.

It doesn't matter if you are on the right side of the ledger or the left side of the ledger change is coming. Just like the how the markets change the political climate also changes every so often and we are in one of those times right now.

MarketClub's Mid-day Market Report

So what's ahead for President-elect Trump? Well, I think it's fair to say that most all the pundits got this one wrong and to guess what's ahead would be in my humble opinion a mistake as no one knows at this time. What we do know is what the market are telling us and that is something we should all listen to and put aside any political differences.

Technically with the Trade Triangles, I see that the gold market is in a strong downtrend, crude oil is presenting a mixed picture and the major indices also in a quandary at the moment. Continue reading "It's A New Trading Week And A New President-Elect" →

Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

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 finished sharply lower for the 3rd consecutive trading session after actually hitting a high of 1,338 in Tuesday's trade as panic filled the air due to the Trump presidency only to sell off sharply now trading at 1,222 an ounce. The stock market hit another all-time high once again this week. Gold prices are currently at a 5-month low and I've been sitting on the sidelines in this market as gold has been remarkably choppy over the last 6 months. I'm currently recommending a bullish position in silver. However, stock prices look very cheap especially with the new administration lifting regulations and fixing the tax code coupled with the fact that Obama care is finally going to be relinquished. That is very bullish for stock prices, so investors are liquidating gold at the current time. Gold prices look very weak in my opinion as silver and copper are two totally different commodities that have actual industrial use and could go higher. Continue reading "Weekly Futures Recap With Mike Seery" →

How The Mighty Have Fallen

Posted on by The INO.com Team

Today I want to start off by thanking the brave men and women who have and continue to serve and protect our country. Thank you for all that you do!

Let's look at two very well-known and some would say mighty stocks. Both of these stocks are households names and have proven to be safe investments over time. The question now is, is that dynamic changing or has it changed already? Let's get started by looking the first stock.

MarketClub's Mid-day Market Report

Alphabet Inc. (NASDAQ:GOOG): For the first time in a long time Alphabet triggered a major sell signal which pushed all of the Trade Triangles into a negative mode. The first indication that there was trouble afoot for GOOG came on November 2 when the weekly Trade Triangle gave a red exit signal at $773. Is GOOG a buy here or is this once mighty stock headed lower? Continue reading "How The Mighty Have Fallen" →

The North American Marijuana Stock Index Is Up More Than 130% In The Last Six Weeks

Posted on by The INO.com Team

Analysis originally distributed on November 1, 2016 By: Michael Vodicka of Cannabis Stock Trades

Cannabis stocks are red hot.

The MJIC North American Marijuana Stock Index is up more than 130% in the last six weeks. Take a look below.

Chart of The MJIC North American Marijuana Stock Index

In the meantime, the S&P 500 is up 5% on the year.

I’m not trying to dis the S&P 500. These are the best companies in the world and that’s actually a respectable performance.

But for investors looking for growth, the question has been answered. Yes. Cannabis stocks are the place to be in 2016. Continue reading "The North American Marijuana Stock Index Is Up More Than 130% In The Last Six Weeks" →