Author: The INO.com Team

Up Or Down From Here But Still Making Money?

Posted on by The INO.com Team

Let's face it traders, nobody knows where the market is definitely headed next. But using certain market analysis methods we can put the probabilities in our favor to calculate where we should, and probably won't go, next - which is all you need to make money with options.

In this video Todd Gordon of TradingAnalysis.com uses the tools of Fibonacci and Elliott Wave to outline the most likely path for the S&P 500 and sets up one options trade in the SPY to profit from two different outlooks in coming weeks.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Is The Market Doing Push-Ups?

Posted on by The INO.com Team

It sure seems that way, doesn't? We are up one day and down the next. I'm not surprised with the market's action, it is what I expected after such a big drop.

It's Thursday and while this is an important day, I think Friday is going to be a more important day. Last Friday we saw the Dow Jones close at 16,643.10, the S&P closed at 1,988.87 and the NASDAQ closed at 4,828.54. As I write this, all three major indices are lower than last Friday's close and are down for the week. However, they are not lower than the recent Friday low close we witnessed just a few weeks ago when the Dow closed at 16,459.75, the S&P 500 at 1970.89 and the NASDAQ at 4717.16. Those closes in my mind are all crucial, if they are broken we could see a continuation to the downside. If they hold, it gives hope to the bulls that this was just a short-term correction and the markets will start going back up. Continue reading "Is The Market Doing Push-Ups?" →

Should You Buy Crude Oil Or Gold?

Posted on by The INO.com Team

One of the things I love about trading is how the dynamics of markets change. Change can happen quite quickly in many instances and quite slowly in others. In today's video, I'm going to be looking at some slow and fast changes in crude oil, gold, as well as the major markets.

I will also be looking at tools that you can use to spot changes and accelerations in markets and how you can set these tools up to work for you.

September promises to be a very choppy month as the markets settle down after the dramatic downturn we all witnessed in late August. One of the great things about the market is you don't have to be in the market all the time, you can be on the sidelines. Having a position on the sidelines is what I call the third position, there is nothing wrong with just observing the market from the safety of sidelines.

Two days ago, the gold market gave us a buy signal which I will be taking a look at in today's video. Continue reading "Should You Buy Crude Oil Or Gold?" →

It's Not Over…

Posted on by The INO.com Team

I believe that the "dead cat bounce" I discussed last week has occurred with the market action seen late last week. Many of the major indices have rallied back to their Fibonacci resistance levels which should hold the markets' upward momentum, at least in the short term.

If you're not familiar with our Fibonacci tool, you can learn about it right here.

Another big negative for the markets is that many of the world indices had their worst month in three years. Unless there is a miracle today, it would appear as though the month of August is going to go into the minus column for the Dow, S&P 500 and NASDAQ.

There is an old trading maxim which you may have heard, "don't try to catch a falling knife," that should be every investors' mantra for September.

One of the problems overhanging the market right now has to be the Fed and if they are going to raise interest rates in September. This uncertainty is not a good thing for the market and it would appear as though the Fed and the rest of the Central Banks are pretty much out of bullets in terms of helping the economy and the markets. Continue reading "It's Not Over…" →

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 at 1,159 while currently trading at 1,133 in a wild and volatile trading week as I’ve been sitting on the sidelines as the chart structure is terrible at the current time as the risk/reward is not your favor so look at other markets. Gold futures are trading above their 20 but still below their 100 day moving average rallying about $90 from their monthly low around 1,080 up to 1,170 in Monday’s trade as the stock market has sent shockwaves throughout the commodities and especially in gold. This market remains extremely choppy as I like trading markets with very tight chart structure as this will take some time to develop so keep an eye on this market but there is no recommendation at this time. Continue reading "Weekly Futures Recap With Mike Seery" →