Author: The INO.com Team

Will Tonight's Debate Move The Markets?

Posted on by The INO.com Team

Hello MarketClub members everywhere. It's estimated that there will be up to 100 million people watching tonight's debate. Never before have there been that many people so involved and so intrigued by a political debate. Never before has the country been so divided in so many ways.

MarketClub's Mid-day Market Report

Tonight's debate is going to be historic in the sense that we have never seen two more famous or infamous people depending on your viewpoint duke it out for 90 minutes in prime time. The question is, how are the debates going to affect the markets? That is a question that cannot be answered with any logic. What I do know is that the Trade Triangles will catch any nuances that come out of the debates.

Last week painted a pretty positive picture for most of the markets. Based on the close of business on Friday here are the net percentage changes for the week. Continue reading "Will Tonight's Debate Move The Markets?" →

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 settled last Friday in New York at 1,310 an ounce while currently trading at 1,345 up about $35 for the trading week remaining extremely choppy as prices have gone nowhere over the last 3 months. Earlier in the week the Federal Reserve made comments that they will not raise interest rates as prices held major support around the 1,310 level and now looks to retest the upper end of the trading range around 1,360 as I’m currently sitting on the sidelines waiting for a trend to occur. Gold prices are trading above their 20 and 100-day moving average telling you the short-term trend is higher as the commodity markets in general in my opinion look to be bottoming. I see the next move to the upside across-the-board as the Federal Reserve, in my opinion, will not raise rates in 2016 as they want to see asset prices go higher. Continue reading "Weekly Futures Recap With Mike Seery" →

Amazon Soars To The Chagrin Of These Two Companies

Posted on by The INO.com Team

Hello MarketClub members everywhere. There is no doubt about it; Jeff Bezos has built a fantastic company. When he first started selling discounted books, he wanted to give his company a big name. The biggest thing he could think of at the time was Amazon which is the largest, mightiest river in the world. Jeff's premonition for calling his company Amazon turned out to be very fortuitous as Amazon is without question the biggest online store in the world.

MarketClub's Mid-day Market Report

I have to admit; I'm a customer of Amazon.com Inc. (NASDAQ:AMZN) like millions of other people who love the service. What Amazon does better than anybody else is sell products and deliver them and make it all incredibly easy and pain-free.

There is a catch, however, in the marketplace and in life there is no such thing as a free lunch, someone has to pay. Continue reading "Amazon Soars To The Chagrin Of These Two Companies" →

FOMC: Not Enough Inflation, Folks

Posted on by The INO.com Team

By: Gary Tanashian of biiwii.com

Not enough inflation.  That’s what the Fed is saying yet again.

FOMC Statement

“Inflation has continued to run below the Committee’s 2 percent longer-run objective, partly reflecting earlier declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation remain low; most survey-based measures of longer-term inflation expectations are little changed, on balance, in recent months”

The problem is, that like their innovative friends at the BoJ, which apparently thinks it is going to now engineer the Japanese yield curve into an inflationary environment, the US Fed is too heavily involved in the Treasury market.  So I ask you if just maybe the signals they are looking for in bonds are all screwed up by their very presence in bonds, 24/7 and 365 since 2008?  Hello Op/Twist… Continue reading "FOMC: Not Enough Inflation, Folks" →

The Trade Triangles Spotted Trouble With Wells Fargo 12 Months Ago

Posted on by The INO.com Team

Hello MarketClub members everywhere. No doubt by now you have heard of all the problems Wells Fargo & Company (NYSE:WFC) is having in creating fictitious, and I would say illegal accounts. What you probably didn't know is the fact that the Trade Triangles picked up problems with Wells Fargo on August 21, 2015, when the stock was selling at $54.45. That was over 13 months ago, and the news is just now hitting the market.

MarketClub's Mid-day Market Report

The Trade Triangles provide an entirely unbiased opinion of all the markets. Many times people on the inside know there's a problem and that problem manifests itself in price action. That is where the Trade Triangles shine. Continue reading "The Trade Triangles Spotted Trouble With Wells Fargo 12 Months Ago" →