Author: The INO.com Team

Here's One Stock That Could Do Very Well In Q4

Posted on by The INO.com Team

There are two months left in the quarter and the Fed continues to dither, and if anything, create uncertainty in the marketplace. I read this morning there's a 52% chance that they will raise interest rates in December. That means there is also a 48% chance that they will not raise interest rates in December. This uncertainty and lack of direction from the Fed is causing anxiety problems for the market.

That aside, I do have a stock that I think will do well for the balance of the year. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) had a monthly green Trade Triangle trigger yesterday. The stock has the potential to move up as much as 20% in the next several months. In today's video, I'll show you why I think it can move up 20% from current levels. I will also share with you an important technical aspect that makes me believe that this can happen this quarter or early in Q1 of 2016. Continue reading "Here's One Stock That Could Do Very Well In Q4" →

This Stock Could Outperform The Market In The Next Three Months

Posted on by The INO.com Team

October proved to be a spectacular month for stocks with the best gains seen since the third quarter of 2011. Historically, the last quarter proves to be a good one for stocks. That is not a guarantee that stocks will go higher, but historically since 1949, stocks have averaged a gain of 4% in Q4. That is followed by a strong Q1 with the average gain of 2%. History is all well and good, but it doesn't necessarily repeat itself in a very systematic fashion every single year.

Here's the stock that I think can do very well in Q4. The stock is TE Connectivity Ltd. (NYSE:TEL). Presently this stock is trading around the $64.90 area and I believe it can move substantially higher in Q4.

Here are the reasons why I think that: Continue reading "This Stock Could Outperform The Market In The Next Three Months" →

Spotting Breakouts That Lead To Trend Reversals

Posted on by The INO.com Team

We get a lot of questions here at INO.com about how to spot breakouts before they occur. As a treat to our Trader's Blog readers we have asked Darell Jobman, a leading expert in technical analysis to share some his techniques. 

In this video workshop you'll discover how putting indicator clues together to identify setups for a new trend. Darrell has been writing about financial markets for more than 35 years and has become an acknowledged authority on derivative markets, technical analysis and various trading techniques.

Watch Now:Spotting Breakouts That Lead To Trend Reversals

Best,
The INOTV Team

Europe in Deflation: Got (cheap) Milk?

Posted on by The INO.com Team

By: Elliott Wave International

In the early 1990s, two simple words from a genius ad campaign radically transformed the way the U.S. consumer saw it: "Got Milk?"

Suddenly, the narrative changed from an obligatory drink you had to finish as a kid, along with eating your vegetables -- into a sexy, funny, and above all desirable treat for all ages.

Until now.

In Europe, in 2015, famous celebrities donning milk mustaches no longer light the public's passion for lactose -- as prices for milk have spoiled. Here, a September 8, 2015 CNN Money article captures the curdled state of affairs:

"So much milk is sloshing around the European Union that milk is often cheaper than bottled water. In UK, a liter bottle of water costs around $1.50, a liter of milk $1... Wholesale milk prices have collapsed by 20% this year."

(Idea for a new campaign pitch: "Got (really, really, dirt cheap) Milk?")

Except that, it's not just the price of milk that's gone sour. According to data from April 2015, "supermarket prices in the UK have fallen at the steepest rate in eight years," including meat, milk, cheese, and vegetables. (The Telegraph) Continue reading "Europe in Deflation: Got (cheap) Milk?" →

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.

Crude Oil Futures

Crude oil futures in the December contract are trading below its 20 and 100 day moving average hitting an eight week low in Tuesdays trade only to rebound in Wednesdays trade off of a bullish API report as prices remain choppy as I’m currently sitting on the sidelines just like I have been in many different markets as there are very few trends that are currently developing. Crude oil prices settled last Friday in New York at 44.60 while currently trading at 46.18 slightly higher for the trading week as the U.S dollar is at an eight week high putting pressure on many commodities especially the precious metals over the last several days, but it looks to me that crude oil prices are stabilizing around the mid-40 level. Continue reading "Weekly Futures Recap With Mike Seery" →