Author: The INO.com Team

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 1,145 an ounce while currently trading at 1,131 down about $14 this week but reacting sharply higher today on a poor monthly unemployment number but continuing its long term down trend while trading below its 20 and 100 day moving average retesting major support at 1,100 near an eight week low as I’m currently sitting on the sidelines as this market remains choppy with poor chart structure. I still see no reason to own gold currently as the risk/reward is not your favor so look at other markets that are starting to trend. Gold prices had a significant rally in the month of August bottoming out around 1,080 then rallying to 1,170 which was impressive in my opinion due to short covering and a flight to quality as the stock market has experienced volatility in recent weeks sending money out of stocks and into gold as a safe haven, but things have settled down putting short-term pressure on gold. Continue reading "Weekly Futures Recap With Mike Seery" →

S&P 500 About To Get Barreled By The Approaching Hurricane?

Posted on by The INO.com Team

Earlier this week Todd Gordon of TradingAnalysis.com took some time away to go surfing before the hurricane in the Caribbean made it's way to the states. Now it's time to surf the market's Elliott Waves ahead of a different storm that's brewing post-NFP.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Time To Short Apple?

Posted on by The INO.com Team

I know to many Apple Inc. (NASDAQ:AAPL) fans, that probably sounds sacrilegious.

You may be thinking, "Adam has lost his mind, he must be thinking about another stock, surely not Apple." After all, they just announced two new iPhones and sold 13 million of them this past weekend. They are the leader in the smartphone market, coming out soon with their game-changing Apple TV and a bigger iPad. That is correct, but...

It's not that difficult to look at the market action in the stock and see that it is pathetic. All of that positive PR information comes out about Apple selling 13 million iPhones in a weekend, yet the stock goes down. What's with that? The PR people must be pulling their hair out thinking about what they can do next to push the stock up. One thing I love about Steve Jobs, the original Apple genius, was he didn't give much thought about the stock market. He was more interested in creating insane, cutting-edge products. The new regime at Apple is more interested in pushing the stock price up and being politically correct.

Also, the Apple Inc. (NASDAQ:AAPL) "act" is getting a little bit old and certainly Apple has not been able to innovate anything new in the past several years.

Even mega investor, Carl Icahn, can't believe that Apple's shares are not higher.

So what's going on with Apple? Continue reading "Time To Short Apple?" →

Are These 5 Popular Stocks Buys Or Sells?

Posted on by The INO.com Team

Yesterday the indices came crashing down, breaking through key levels and turning all of the major indicators into strong downtrends. There is no question in my mind that we are now in a full-blown bear market. So how much further down can the market go from here?

In today's video, I will be looking at some downside target areas for all three major indices, as well as five popular stocks.

I will also be looking at these stocks to determine whether or not they present a buying opportunity based on the recent weakness in the market. Continue reading "Are These 5 Popular Stocks Buys Or Sells?" →

Stock Whisper Of The Day

Posted on by The INO.com Team

The Stock Whisperer, Stefanie Kammerman, shows you how she uses pre-market price action to pick the hottest stocks of the day.

Stefanie Kammerman has taught thousands of traders worldwide how to day trade and swing trade over the past 21 years. She is the founder and director of The Stock Whisperer Trading Company, where she runs an online trading room called The Java Pit.

She offers numerous workshops, live classes and bootcamps on everything from discipline and the psychological aspects of trading, to how to identify the best levels to trade and how to spot when the big money is buying. Learn by watching her trade as she teaches her students how to read the tape and trade around the dark pool.

Enjoy,
The INO.com Team