Weekly Futures Recap With Mike Seery

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 May contract settled last Friday in New York at 36.79 a barrel while currently trading at $39.31 this Friday afternoon on bullish comments about production slowing down dramatically towards the end of year propping up prices this afternoon. Oil prices are trading above their 20-day and 100-day moving average telling you that the short-term trend is higher. However, this market remains extremely choppy and had bearish momentum before today’s action so avoid this market at present and wait for better chart structure to develop which could take several more weeks in my opinion. Oil prices are trading between $35/$42 a barrel as there is very little fresh fundamental news to push prices sharply higher or lower in my opinion. I am waiting for volatility to slow down, therefore, then I can place my stop loss relatively close, therefore, lowering monetary risk, but at this time, I don’t see any trend in crude oil so look at other markets that are beginning to trend with better risk/reward potential at the current time. Rumors are circulating Continue reading "Weekly Futures Recap With Mike Seery"

Are You Looking For A Consistent Way To Make Money?

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?

The answer to that question is yes and no. What I mean by that is yes, you can consistently make money market, but only if you adhere to a strict game plan and discipline.

Let me prove it to you... For the past 8 1/2 years, we have provided details for the World Cup portfolio. Every day the MarketClub team posts the signals to either enter or exit a market for each of the six markets tracked in this portfolio. These signals are available to every MarketClub member on a daily basis. Over the course of 35 trading quarters, the World Cup Portfolio has only had 6 negative quarters which gives it an 83% success rate. On an annual basis it has never failed to make money which answers the question, "can you consistently make money in the market?" I believe that the World Cup portfolio which has proven itself over 8 1/2 years in all kinds of market conditions to be a winning formula for success.

The World Cup Portfolio (WCP)

Q1 turned out to be a good quarter for the World Cup portfolio. In this diversified portfolio, six futures markets are traded. Here they are along with their Q1 results: Continue reading "Are You Looking For A Consistent Way To Make Money?"

The Great Uncertainty

Hello MarketClub members everywhere! How do you feel about the economy, the world, the elections, ISIS or ISIL...? Take your pick.

The other day at a general staff meeting I posed that same question to our amazing team here at MarketClub. I have to say that it was no surprise that they felt there was great uncertainty in the air. It wasn't just one thing, it was a combination of things that made them feel a little uneasy.

MarketClub's Mid-day Market Report

So the question is, how do you feel about the markets?

To me, something just doesn't seem quite right. It's not just one thing, it seems to be a combination. The reality is, the markets cannot keep going higher based on cheap money because sooner or later it's going to implode unless the Fed wakes up and gets real. On the fringes you have Puerto Rico running out of money and who's going to bail them out? Across the ocean, Greece is once again close to imploding. Who's going to bail them out? The IMF?

Are stocks at a tipping point? Continue reading "The Great Uncertainty"

But They Said To Never Do This Trade?!

Conventional wisdom says that counter-trend trading is a losing game. I agree if you're using conventional tools! Using leading indicators that anticipate price movement allows you to construct high reward, low-risk entries. Join me as you take you through this options trade in the Russell 2000 ETF "IWM."

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

A Very Massive Recession Is Coming

This past weekend, Donald Trump, the leading Republican candidate for the Presidency of the United States, predicted in a Washington Post interview that we are headed for "a very massive recession." His prognostication goes against what most analysts are forecasting and the fact that the stock market is within 500 points of its all-time high.

Now, Donald Trump is many things. But, he is not stupid and we should not rule out anything in today's marketplace. You don't become a billionaire by doing stupid things and certainly I think he has an interesting take on the current economic environment. Just as he has tapped into the anger of the average American citizen and his unlikely rise to the top of the Republican Party, don't dismiss what he is saying because you may or may not like him personally.

MarketClub's Mid-day Market Report

What has been fueling this market to the upside is free money from the Fed. It certainly hasn't been corporate profits. Most corporations have wrung out the last few vestiges of efficiency in their companies expenses.

Having said all that, I'm not totally convinced the market is going to go a lot higher. At the moment, the major indices are giving mixed signals, the Dow and the S&P 500 are positive while the NASDAQ is in a broad trading range. All three indices are very overbought and are due for some form of correction, in my opinion.

NEVER BUY STOCKS ON A MONDAY... Continue reading "A Very Massive Recession Is Coming"