The INO.com Team, Author at INO.com Trader's Blog

The DOW Heads For 20,000

Posted on August 8, 2016 by The INO.com Team

Hello MarketClub members, well here we are at the beginning of a new trading week with lots going on. Somehow I don’t think we are going to be seeing the dog days of summer in 2016. Last Friday the major indices resumed their upward journey and the continuation pattern I discussed in my previous video. I continue to think that the equity markets can go higher, a lot higher based on the Trade Triangles and the technical formation on the charts.

I can see the DOW (INDEX:DJI) moving over the 20,000 mark in the next several months. The markets could get another boost today as one of the presidential hopefuls is going to propose the biggest tax cuts we have ever seen in modern times. Continue reading "The DOW Heads For 20,000" →

Weekly Futures Recap With Mike Seery

Posted on August 5, 2016 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.

Crude Oil Futures

Crude oil futures in the September contract settled last Friday in New York at 41.60 a barrel while currently trading at 41.10 basically unchanged for the trading week as I’ve been sitting on the sidelines in this market for quite some time as prices are right near a 4 month low. Prices have dropped about $10 over the last 2 months as massive supplies continue to hamper prices as I still think a bottom has not been created and if you are short this market my stop loss would be above the 10 day high which stands at 43.39 as prices are still trading below its 20 and 100-day moving average telling you that the short-term trend is lower. At present I have very few trade recommendations as I took the month of July off, but I am keeping a close eye on many different sectors as I think we will be involved in many trades very soon. The trend is lower and as the commodity trader I always believe that must be a trend follower as trading with path of least resistance is the most successful way to trade over the course of time. Continue reading "Weekly Futures Recap With Mike Seery" →

This Energy Stock Is Screaming Buy Me

Posted on August 5, 2016 by The INO.com Team

Hello MarketClub members everywhere. It is no secret that the energy sector has been under pressure after crude oil (NYMEX:CL.U16.E) hit a peak of around $52.00 a barrel on June 8th. Since then crude oil has steadily trended lower dipping below $40.00 just this week.

The Trade Triangles just covered the last short position from $45.64 yesterday at $41.88 for a gain of $3.76 or $3,760.00 per contract. As of today, the Trade Triangles are in a neutral position and awaiting the next signal.

All of this leads me to one energy stock that is defying the odds and is standing out like a sore thumb and begging to be purchased and that stock is Kinder Morgan Inc. (NYSE:KMI). In today's video I will walk you thru the primary reasons why I like this stock and more importantly where the exit door is if my analysis is wrong.

In addition to Kinder Morgan, I will be analyzing at gold and the major indices today.

Have a great trading day and weekend.

Stay focused and disciplined.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

On Our Way To A Banner Year

Posted on August 3, 2016 by The INO.com Team

Let's face it, sometimes making money in the markets is tough, even for professionals. Some of the big names in the hedge fund industry have under-performed the market and even lost money over the last several years.

Every year, hundreds of hedge funds go out of business due to investors becoming disenchanted with mediocre to poor returns (remember, with hedge funds there is a management fee of usually 2% on invested capital and 20% of any profits).

Every investors’ dream is to find a way to consistently make money in the market with the least amount of risk. The question is, does something like that even exist? Continue reading "On Our Way To A Banner Year" →

The Best Is Yet To Come

Posted on August 1, 2016August 1, 2016 by The INO.com Team

Hello MarketClub members everywhere. Looking at the markets, it seems to me that the best is yet to come. What I mean by that is I think that the equity markets can still go higher, a lot higher based on the Trade Triangles and the technical formations on the charts.

In today's video update I will be looking at all three major indices and sharing with you exactly how high I think one index is heading and one to avoid.

I will also be analyzing the gold (FOREX:XAUUSDO) market which closed out the week on a very positive note. This week could be a key week for gold and gold stocks in particular. I will give you my reasons why you should be paying close attention to gold right now.

Has crude oil (NYMEX:CL.U16.E) reached a crucial Fibonacci retracement level? What crude does at this stage is crucial to its future direction.