U.S. citing security to censor more public records

The U.S. government, led by the Pentagon and CIA, censored or withheld for reasons of national security the files that the public requested last year under the Freedom of Information Act more often than at any time since President Barack Obama took office, according to a new analysis by The Associated Press.

Overall, the Obama administration last year answered its highest number of requests so far for copies of government documents, emails, photographs and more, and it slightly reduced its backlog of requests from previous years. But it more often cited legal provisions allowing the government to keep records or parts of its records secret, especially a rule intended to protect national security.

The AP's analysis showed the government released all or portions of the information that citizens, journalists, businesses and others sought at about the same rate as the previous three years. It turned over all or parts of the records in about 65 percent of requests. It fully rejected more than one-third of requests, a slight increase over 2011, including cases when it couldn't find records, a person refused to pay for copies or the request was determined to be improper. Continue reading "U.S. citing security to censor more public records"

Traders Whiteboard Lesson 6

In today's trading lesson, the sixth in the "TRADERS WHITEBOARD" series, we will be looking at what I call the "irrefutable laws of the marketplace." I consider this lesson to be one of the most important, as it effects all markets.

We only have to look at the recent history of Apple or Netflix to see how these "irrefutable laws" work in the marketplace. After watching this video, you will understand how sentiment can dramatically change in an instant and come away with a greater understanding of why Apple and Netflix had such dramatic moves.

This is the essence of how all the markets move and important for you to learn, so you will know what to do next time.

Watch Traders Whiteboard Lesson 6 Here.

Enjoy today's lesson,
Adam

The Coming Crash in the Bond Market

It is my contention that the 70-year debt supercycle has come to an end.

To put the current financial situation in perspective, here's a long-term history of the debt-to-GDP ratio, which reached a record high at the beginning of the current crisis. It was a dramatic change in 2009, unlike anything since the aftermath of the Great Depression. Continue reading "The Coming Crash in the Bond Market"

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.

Energy Futures--- Energy futures in New York today are mixed with crude oil trading far below its 20 and 100 day moving average bouncing off of 8 week lows earlier in the day but finishing near session highs at 91.82 up 30 cents with the next major support at $87 with the sequester over last weekend and major budget cuts for defense department traders are thinking that demand will be significantly less and that is the reason why you’ve  seen a $9 drop in crude oil in just a matter of weeks while April heating oil which has been in an absolute free-for-all except for Tuesdays  600 point rally but down about 50 points today currently trading at 2.97 a gallon with major support at 3.90 which has been hit 3 times in the last 6 months and rallied significantly but with the winter coming towards an end heating oil demand might start to weaken. Continue reading "Weekly Futures Recap W/Mike Seery"

Chart to Watch - Natural Gas

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 Natural Gas (NG.J13.E).

I hope you are having a GREAT week !

This week let's take a look at April Natural Gas. Continue reading "Chart to Watch - Natural Gas"