Author: The INO.com Team

UPDATE: 12 Stocks Making New 52-Week Highs

Posted on by The INO.com Team

I wanted to do this update to share with you exactly what would have happened had you followed everything I said in last Friday’s video.

One of the important elements to look for when a stock is making a 52-week high is that it closes very close to its highs for the day. An example of this would be Home Depot, which closed very close to its highs last Friday. That's the type of stock you should be looking for to go home long over the weekend.

Of the 12 stocks that I showcased last Friday, only three made the cut and matched that criteria and they are, Alphabet Inc., Home Depot and the Goodyear Tire & Rubber Company.

Let's now look at those stocks individually and how they closed last Friday and opened today. Continue reading "UPDATE: 12 Stocks Making New 52-Week Highs" →

The More Things Change, The More They Stay The Same

Posted on by The INO.com Team

Hello traders everywhere. As we start this shortened trading week with Thanksgiving coming on Thursday, I thought it would be a good time to give thanks to you for your business and the trust you have placed in our company and services.

You may have heard the expression, "the more things change, the more they stay the same" and that same metaphor can be applied to today's markets.

A market can only do three things, it can go up, down or sideways, that's it! How many things in life do you know that are that simple? The problem we have as human beings is that we tend to overthink situations and the market certainly is a subject that is made complicated by overthinking.

This week leading up to Thanksgiving I'm going to feature a series of lessons to help get back to the basics and understanding what moves a market. Starting today, I will feature two lessons for you to watch and learn from. It doesn't matter if you're a novice trader just starting out, or a professional trader, sometimes it is just good to go through the basics to understand what makes the markets move.

The lessons come from a series of videos I did titled, "Traders Whiteboard." There are six lessons in all and we will go through them all by Wednesday of this week.

Here are today's two featured lessons: Continue reading "The More Things Change, The More They Stay The Same" →

Creating the Optimal Trade for Explosive Profits

Posted on by The INO.com Team

If you could develop a low-risk plan that would lead to consistent trading profits, you would probably jump at the opportunity. Now you can with a method designed to reduce stress (the key to successful trading) and emulate the traits of the most successful traders in the world.

In this fast-paced video, you'll get specific information on how to trade the S&P, T-bond and currency futures contracts. You'll learn how you can use all the instruments available to you to build an arsenal of trading strategies to compete with the most sophisticated traders on the floor.

Learn how to spot high-profit, low-risk trades and how to place and manage trades to keep the odds of winning on your side. George delivers powerful delta neutral and spread strategies in a clear and concise presentation. This video is both entertaining and informative!

As a trading instructor, there is no one better than George Fontanills! He has spent years perfecting his strategies for reducing risk. George thoroughly enjoys teaching others how to become more successful in their trading.

WATCH NOW: Creating the Optimal Trade for Explosive Profits

Best,
The INOTV Team

Using Elliott Waves: As Simple As A-B-C

Posted on by The INO.com Team

By: Elliott Wave International

When Ralph Nelson Elliott discovered the Wave Principle nearly 70 years ago, he explained how social (or crowd) behavior trends and reverses in recognizable patterns. You can learn to identify these patterns as they unfold in the financial markets, and use them to help anticipate where prices will go next. Elliott Wave International has developed a free comprehensive online course -- The Elliott Wave Tutorial: 10 Lessons on the Wave Principle -- which describes these patterns and explains how they relate to one another.

To use the Wave Principle as you analyze the markets, you need a basic understanding of the Elliott method -- the rules and guidelines, the literal shape of individual waves, even when the larger trend may turn.

To get you started, we've included an excerpt from the free Elliott Wave Tutorial, adapted from Elliott Wave Principle by Frost and Prechter, and a short video clip from the live presentation, Tips from a Pro.

Here is your quick lesson excerpted from The Elliott Wave Tutorial: Continue reading "Using Elliott Waves: As Simple As A-B-C" →

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.

Copper Futures

Copper futures in the December contract settled last Friday in New York at 216.80 a pound while currently trading lower once again at 2.0530 finishing down over 1100 points for the trading week as I’ve been recommending a short position from the 2.31/2.32 level and if you took that trade continue to place your stop loss above the 10 day high which currently stands at 2.2420 as the chart structure will start to improve on a daily basis. Copper prices have absolutely collapsed finishing down 12 of the last 13 trading sessions trading far below its 20 and 100 day moving average hitting a 6 year low as I think prices will crack 2.00 in next week’s trade as there is very little demand for this commodity at the current time so remain short and accept the risk parameter’s. Continue reading "Weekly Futures Recap With Mike Seery" →