The INO.com Team, Author at INO.com Trader's Blog

All Eyes On Crude Oil

Posted on February 3, 2015 by The INO.com Team

Has crude oil bottomed out? That's the question on investors minds today as this market has moved up close to 10% in just the past few days. I have been warning of a rally based on the positive divergences I saw on the daily charts and the fact that the end of January marked the seventh month in a row that crude oil had closed lower.

Whether this is a dead cat bounce or a reversal of major proportions in the oil patch sector remains to be seen. Certainly, the market is getting close to making some major technical reversal signals and should they kick in I will, of course, follow them. What often happens with prolonged market trends whether they are on the upside or downside they tend to lull traders and investors to sleep who are expecting to see more of the same.

In today's video, I'll be looking at crude oil (CL.H15.E) and sharing with you the exact point where crude will reverse its downward trend and start a new bull trend. Whether this will be a dead cat bounce, meaning just a short covering rally or a true reversal to the upside remains to be seen. I'll be examining both scenarios in today. Continue reading "All Eyes On Crude Oil" →

Do You Have Discipline In Your Corner?

Posted on February 2, 2015 by The INO.com Team

Congratulations go to the New England Patriots for winning this year's Super Bowl. It is perhaps a mixed blessing for investors, as any time a team from the American Football Conference (AFC) wins the Super Bowl, the stock market closes lower for the year. Although, I think investing on the outcome of a football game is not going to get you to where you want to be financially.

Of all the tools available to the trader, none is more important than his or her own mind! Lack of mental discipline has to be a significant cause of losses in the marketplace. Why else would traders with years of experience and reliable systems fail to be consistent winners? Show a 6-year-old child a chart and he will tell you if a market is going up or down by simple observation. Yet, 80% or 90% of all traders end up as losers. The market doesn't beat you, you beat yourself! You are your own worst enemy!

Challenges To Your Mental Discipline

Challenges of a trader's mental discipline exist in many areas of the marketplace and appear in many different forms. Virtually every trader who has spent any amount of time in the commodity business has experienced one or more of the following upsets to his mentality: Continue reading "Do You Have Discipline In Your Corner?" →

Priceline: A Rare Contrarian Play Offering Both Value & Growth

Posted on February 2, 2015February 1, 2015 by The INO.com Team

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We’ve all seen those lousy William Shatner commercials.

Priceline Group Inc. (SPX: PCLN) is an online travel company that offers its customers hotel room reservations at nearly 300,000 hotels worldwide through the Booking.com, priceline.com and Agoda brands. In the United States, the company also offers its customers reservations for car rentals, airline tickets, vacation packages, destination services and cruises through the priceline.com brand. Additionally, it offers car rental reservations worldwide through rentalcars.com.

PCLN Price Action
Courtesy of Finviz.com

Priceline’s stock has taken a beating in recent months. After closing at $1,009.48/sh on Friday, shares of PCLN have already dipped by 11.6% in the first month of trading this year. On March 6th, 2014, shares peaked at $1,378.96/sh. Now, less than 11 months later, Priceline’s stock trades 37% below that price. Continue reading "Priceline: A Rare Contrarian Play Offering Both Value & Growth" →

The Super Bowl Indicator - Seahawks (Bulls) VS. Patriots (Bears)

Posted on February 1, 2015February 1, 2015 by The INO.com Team

Have you ever heard of the Super Bowl Indicator? Who do you want to win? Are you a Bear or a Bull?

How it works

The Super Bowl Indicator rules state that if a team from The National Football Conference (NFC) wins the Super Bowl, a bull market will prevail. If a team from American Football Conference (AFC) wins, a bear market will prevail.

The New England Patriots are from the AFC, and they will represent the bear market in 2015. The Seattle Seahawks are from the NFC, and they represent the bull market. If the Seahawks win the Super Bowl, there is an 80% chance that the markets will rise this year.

I don't know about you, but I want the Seahawks to win again this year.

There are two notable exceptions as of late:

2013 saw the Baltimore Ravens (AFC) win the Super Bowl, and the DOW rose 26.5%. This should have been a bear market.

2008 saw the New York Giants (NFC) win the Super Bowl, and the DOW fell 33%. This should have been a bull market.

Some notable DOW gains from previous years:

1975 saw a gain of 38% when the Pittsburgh Steelers won Super Bowl IX.

1989 saw a gain of 27% when the San Francisco 49ers won Super Bowl XIX.

2003 saw a gain of 25% when the Tampa Bay Buccaneers won Super Bowl XXXVII.

With the big game coming up today, I thought it would be fun to revisit the Super Bowl Indicator and see who you think will win the Super Bowl.

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Have a great time with friends and family watching the big game!

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

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Weekly Futures Recap With Mike Seery

Posted on January 30, 2015January 30, 2015 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 April contract are currently trading at 1,277 up around $21 an ounce with extreme volatility after selling off more than $30 in Thursday’s trade while settling last Friday at 1,293 going out this Friday afternoon around 1,276 finishing down $17 in a wild trading week. Gold futures topped out slightly above $1,300 as profit taking ensued as prices are still trading above their 20 and 100 day moving average and I’m still recommending a bullish position and if you took that original trade place your stop loss below the 10 day low which now yesterday’s low at 1,252 risking around $24 from today’s price levels or $2,400 risk per contract plus slippage and commission. As I’ve talked about in many previous blogs I do think gold is now being used as a currency due to the fact that the Euro currency and many foreign currencies are absolutely falling out of bed as interest rates in many countries have gone negative so who wants to place money into a bank and lose money as investors now prefer gold which has no dividend but still it’s better than a negative return. Continue reading "Weekly Futures Recap With Mike Seery" →

Author: The INO.com Team