Author: The INO.com Team

Orders for long-lasting US factory goods plunge

Posted on by The INO.com Team

Orders for long-lasting U.S. factory goods fell sharply last month as demand for commercial aircraft plummeted and businesses spent less on computers and electrical equipment.

The Commerce Department said Monday that orders for durable goods plunged 7.3 percent in July, the steepest drop in nearly a year. Excluding the volatile transportation category, orders fell just 0.6 percent. Both declines followed three straight months of increases.

Durable goods are items meant to last at least three years. The drop suggests manufacturing continues to struggle after starting the year weak. Continue reading "Orders for long-lasting US factory goods plunge" →

Got Oil? Two Compelling Reasons To Consider It

Posted on by The INO.com Team

By: Scott Andrews of Master The Gap

Trading is full of counter-intuitive ironies.  Some of my favorites include:

"the best time to buy is when everyone else is selling"

 "you can not make money, without risking money"

 "to make more, you need to trade less" 

 "you CAN go broke taking profits (too early)"

And here's a lesser known one: Continue reading "Got Oil? Two Compelling Reasons To Consider It" →

Today's Video Update: Steve Ballmer calls it quits

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 23rd of August.

The big news today of course is the announcement from Microsoft (NASDAQ:MSFT) CEO, Steve Ballmer, that he's going to retire within the next 12 months. The news was enough to send the stock of Microsoft up over 7%, which is good news for shareholders.

In my opinion, one of the major reasons why the stock of Microsoft (NASDAQ:MSFT) has been unable to get going over the last decade is its failure to execute on any of the new technologies. Whether its online, mobile, phones, tablets or Windows 8, all of these efforts proved to be disappointments to investors and the market in general. Continue reading "Today's Video Update: Steve Ballmer calls it quits" →

Poll: Would you buy or sell Microsoft today?

Posted on by The INO.com Team

This morning Steve Ballmer announced his retirement as CEO of Microsoft (NASDAQ:MSFT) within 12 months. Mr. Ballmer owns about 4% of Microsoft and has been with the company for the past 33 years, but for the past 10 years, has missed many of the latest moves in technology.

Would you buy or sell Microsoft today ?

View Results

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As always, we appreciate your thoughts and comments on our blog. Please let us know what you think of today's shift in the world of technology.

Every Success,
The INO.com Team

Today's Video Update: Tears for Sears after disappointing earnings

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 22nd of August.

What is it with these hedge fund managers who think that because they have been successful in one field, they can now go into managing big retail brick-and-mortar stores?

In my opinion, part of it has to do with ego and part of it has to do with what I call "walk-on-water-itis." This ego symptom is when you believe that you can't do anything wrong and that you're gifted with special talents. That is what I think happened to both Bill Ackman, who took JC Penney (NYSE:JCP) down the toilet, and Eddie Lampert, who is doing a pretty good job of the same thing to Sears (NASDAQ:SHLD). Continue reading "Today's Video Update: Tears for Sears after disappointing earnings" →