Gold Chart of The Week

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (July 8th through July 12th)

As expected, markets overall went through the lighter volume volatility trade last week due to the July 4th Holiday. The only standout was the Crude Oil Futures, which spent the entire week pricing in the news in Egypt. Aside from that, most other markets went through the usual rangy market swings that are expected around shortened Holiday weeks, especially those in the Summer.

I anticipate we will see similar movement in the week ahead as Summer trading continues. Additionally, the upcoming week is a bit light on tradable news. Aside from reviews from the monthly meetings of the Central Banks in the US and Japan, we begin quarterly earnings reports in the US Stock Indexes. If there are no major surprises, I would expect the same type of volatility we saw in the prior week. Continue reading "Gold Chart of The Week"

Are the odds in your favor for an upmarket in July?

During the past four years the month of July has generally been a positive one for the U.S. stock market. In 2012 the market witnessed its smallest percentage gain of just 1.25% for the month of July. As you can see during the past four years the general trend has been positive for the market in July, but the percentage gains have been decreasing annually since '09. During the month of July, the average gain over the last 4 years has been a very positive 3.34%. With our monthly trade triangles still in a positive mode I expect the month of July to be flat to slightly positive for stocks.

Here are the monthly returns for July, beginning in 2009. Continue reading "Are the odds in your favor for an upmarket in July?"

Chart to Watch - Live Cattle

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the August Live Cattle. (CME_LE.Q13.E).

I hope you are having a GREAT week !!!

Live Cattle looks to be headed higher, so let's take a look at the August Live Cattle chart this week.

When trading futures we use the weekly MarketClub Trade Triangle to tell us the trend, and the daily MarketClub Trade Triangle for timing the entries and exits. Continue reading "Chart to Watch - Live Cattle"

Weekly Futures Recap W/Mike Seery

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 today continued its bearish momentum with soybeans for the November contract down another $.21 at 12.30 a bushel as private estimates are starting to come out with 44 bushels per acre which could create a 3.40 billion bushel crop which would be their all-time record crop pressuring the new crop soybeans as the weather has been outstanding in recent weeks. Remember soybeans are trading far below their 20 and 100 day moving average looking to break major support at $12 and in my opinion I do believe prices are headed substantially lower here in the near future as the weather in the Midwest is absolutely astonishing with mild temperatures and constant rain and I believe record crops across the board in the next 3 months are coming. Continue reading "Weekly Futures Recap W/Mike Seery"

Traders WhiteBoard Lesson 1

Welcome to the New Traders WhiteBoard series. Each week, Adam Hewison will be sharing his favorite trading techniques with you.

Today's lesson will teach you a powerful, easy to use trading technique that will make you money.

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So what are you waiting for? Let's get started right away!