Author: The INO.com Team

Weekly Futures Recap W/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.

Grain Futures--- The grain market continued its bearish momentum this week pushing corn near 3 year lows trading far below its 20 and 100 day moving average settling this week at 4.52 of bushel right at session lows this Friday afternoon and down about $.10 for the trading week as U.S crop conditions are excellent at this point in time. Traders are waiting Monday afternoon’s USDA report which could surprise the market in either direction but as I’ve been stating in many previous blogs I continue to remain bearish this entire complex and I’m still advising traders to be short across the board. Soybean futures for the November contract are still trading below their 20 and 100 day moving average basically settling unchanged for the trading week and are much stronger than corn or wheat but it hit contract lows in Wednesday’s trade before rallying $.20 yesterday as traders are awaiting the supply/ demand and production numbers Monday afternoon. Continue reading "Weekly Futures Recap W/Mike Seery" →

Traders WhiteBoard Lesson 2

Posted on by The INO.com Team

In today's Traders WhiteBoard Lesson 2, I'm going to share with you two of my all time favorite chart setups.

I get so excited when I see these formations taking place in the markets. Both of these chart setups have been recurring for years and can take place in stocks, futures, metals, Forex, and yes even ETFs. The video runs a little bit longer than our first Traders WhiteBoard, but I am confident when you see the theory and the real world examples, you will agree it was well worth your time.

Loading the player...

Put the power of the Trade Triangles to work for you

Every success using these two setups,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

The man with the golden touch

Posted on by The INO.com Team

In today's video, I will be analyzing the the stock of Tesla Motors (NASDAQ:TSLA). Tesla is one of the newest stocks on the NASDAQ and one that's been getting a lot of attention lately. Late yesterday, they announced their earnings and to the surprise of many analysts and the market, the stock of Tesla jumped dramatically today and is currently trading 15% higher than yesterday's close.

Tesla, I believe, is one of the real success stories in the automotive scene. The company is run by Elon Musk, who is a modern day Henry Ford and an extraordinary serial entrepreneur at the same time. Elon is laser-focused on making Tesla the leading electric car company in the world. One of his other endeavors is SpaceX, which as the name implies has to do with spacecraft. SpaceX was recently awarded $1 billion from NASA to supply and act as a ferry back and forth to the space station.

Looking at the movement in the stock of Tesla, you can see why it has made a lot of investors very happy in the last 12 months. I will be analyzing Tesla using our tried and trusted Trade Triangles and showing you the results of using this approach. Continue reading "The man with the golden touch" →

Why Would Jeff Bezos Buy An Old Fashion Newspaper?

Posted on by The INO.com Team

On Monday, it was reported that Jeff Bezos of Amazon (NASDAQ:AMZN) fame, paid a reported $250 million in cash to purchase the Washington Post (NYSE:WPO) newspaper. I say, "congratulations Jeff," it was a brilliant strategic move on your part. Now it must be said that this was not Amazon purchasing the Washington Post, but rather Jeff Bezos personally purchasing this property. So you have to ask yourself, what would a savvy Internet guy want with a newspaper?

Here's my take on it, Amazon has become a juggernaut on the Internet in terms of Internet commerce. I use Amazon myself like millions of others and it is a great service. When you're looking for a product, it's easy to go to Amazon and forget most every other site on the Internet.

Somewhere along the line, there is going to be some politician who will say that Amazon is a monopoly and should be broken up, as it stifles competition. So what's the perfect defense and check mate for an attack on your biggest investment and Internet baby? To me, owning and controlling the most powerful newspaper in a politically-driven town like Washington D.C., could give him power not attainable through other avenues.

Loading the player...

Put the power of the Trade Triangles to work for you

So the question is, can Jeff Bezos work his same magic with the Washington Post? Just look back in history at how William Randolph Hearst controlled the news and the news media in America, and the power it gave him. Whoever controls the media, can have a huge influence on the sentiment and direction of the country. That I think, is the ultimate goal of Mr. Bezos.

I think Jeff Bezos' plan for the Washington Post is going to be very similar to the plan he has for Amazon. Forgo profits, and build until you eventually create unstoppable momentum and you become a king maker in the news industry.

Don't think for one moment that Amazon is not politically smart. A little over a week ago, employees of Amazon contributed $116,000 to the democratic party for President Obama to fly down to Chattanooga, Tennessee to be at the opening of one of their new distribution centers.

In today's video, I will be looking at the Washington Post (NYSE:WPO) and seeing how our Trade Triangles fared in trading this stock.

Have a great trading day,

Adam Hewison
President, INO.com
Co-Creator, MarketClub

Today's Video Update: Is this the top of the market?

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 Tuesday, the 6th of August.

Every Market Deserves To Rest Once In A While
The indices appear to be on the defensive today, however that's not say we have reached a top or that the trend has changed from positive to negative. Trend changes tend to take time and usually don't happen overnight. For myself, the "line in the sand" on the DOW (INDEX:DJI) is the 15,400 level. It is at that level where I would exit my long position and move to the sidelines and await the next signal. Moving to the sidelines does not change the bigger trend picture for the DOW. I still remain long-term bullish, providing that the monthly Trade Triangle remains in the green column. Continue reading "Today's Video Update: Is this the top of the market?" →