Author: The INO.com Team

Chinese Stocks: "How to Think Like a Billionaire Investor"

Posted on by The INO.com Team

By Elliott Wave International

With China's main Shanghai Composite index up almost 40% this year, and the tech-heavy Shenzhen Composite index up more than 90% YTD, are Chinese stocks in a bubble?

It's a legitimate question. You'll find many answers out there, but this answer you won't want to miss.

This answer comes from Elliott Wave International's own Mark Galasiewski, the editor of EWI's monthly Asian-Pacific Financial Forecast. Mark is on record for turning bullish on Chinese stocks almost a year ago, exactly on July 3, 2014. In that month's issue -- and at the time when almost no one was bullish on China -- Mark wrote:

"If the [Shanghai Composite] index breaks out above the upper channel line -- which runs through 2100 in July and which is about 2% above current levels -- then the multi-month uptrend that we have been expecting is likely under way."

Getting back to the question if Chinese stocks are in a bubble -- below, you'll find a link to a free special report where Mark gives you his answer in full detail. To give you a taste, here's an excerpt from Mark's June 2015 Asian-Pacific Financial Forecast: Continue reading "Chinese Stocks: "How to Think Like a Billionaire Investor"" →

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 August contract settled last Friday in New York at 1,202 while currently trading at 1,170 an ounce down about $30 for the trading week remaining incredibly choppy as I was recommending a short position getting stopped out in last week’s trade when prices bumped up against 1,200 as I’m sitting on the sidelines at the current time waiting for another breakout to occur and that could happen soon as prices remain very weak. Gold futures are trading below their 20 and 100 day moving average looking to break the critical 1,170 level and the second critical level is 1,160 if that level is broken I would have to think that the bear market is underway as I see no reason to own gold at the current time as all the interest is in the stock market which is right near all-time highs. Continue reading "Weekly Futures Recap With Mike Seery" →

Poll: Will Default Push Greece Out Of The Euro?

Posted on by The INO.com Team

The Greek government is running out of money and time. They need to agree to a deal with their Eurozone partners this weekend to secure the final part of its bailout loan and avoid defaulting on its debts. But without a deal, default could push the country towards leaving the Euro - a prospect that has become known as "Grexit".

What do you think?

Will default push Greece out of the euro?

View Results

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As always, I would love to hear your thoughts on the looming Grexit. Please take a moment to vote on the poll and leave a comment.

Every Success,
Jeremy Lutz
INO.com and MarketClub.com

Knowing Your Way Around A Chart

Posted on by The INO.com Team

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple and straight-to-the-point.

If you like this article, Larry’s also agreed to give you free access to his award winning book.

Today he’s going to talk about knowing your way around a chart.

For most traders, charts are like their road maps to potential trades. Technicians see potential patterns, key clues that they interpret for trading opportunities. Fundamentalists see confirmation of news stories or supply and demand dynamics playing out in the price fluctuations. Charts are indispensable to traders

Understanding what a chart is telling you is paramount for traders

We are going to look at the two most common chart types, and the basics of their construction. The main thing to understand when you are looking at any given chart is that there is key info that shouldn't change. Each chart will be showing you prices on one axis and time periods on another. Most charts will show the prices on the vertical axis and time periods (e.g. daily, hourly, five minute) on the horizontal one, like this: Continue reading "Knowing Your Way Around A Chart" →

Did You Catch The Netflix Move Like The Trade Triangles Did?

Posted on by The INO.com Team

By now you have probably seen the extraordinary move that Netflix Inc. (NASDAQ:NFLX) has made this year. But did you see how well the Trade Triangles captured the timing on these moves?

Netflix announced after the close yesterday that it is creating a seven for one stock split. This is a good move for Netflix as it was the fourth highest priced stock in the Standard & Poor's index.

Based on yesterday's close of $681.19, it would drop the share price down to $97.31. For the average investor, this makes Netflix shares a lot more palatable as it will probably generate a lot more activity in this stock.

Today, I would like to share with you how you would have fared using the Trade Triangle technology to time your moves in and out of Netflix.

The first chart shows the results using the monthly/weekly Trade Triangle strategy. This strategy produced a robust 32% return as of June 23rd.

NASDAQ:NFLX

The second chart shows how you would have fared using only the monthly Trade Triangles. This strategy produced a return of 49% as of June 23rd. Continue reading "Did You Catch The Netflix Move Like The Trade Triangles Did?" →