Author: The INO.com Team

MarketClub TV: Clash of the Titans

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 6th of February.

CLASH OF THE TITANS
I know it sounds like a cheap B movie title, but the reality is this is a very real clash between Rupert Murdoch with his powerful NEWS Corp holdings and John Malone with his equally powerful Liberty Media Empire.

Today Liberty Media announced that it had purchased Virgin Media in the UK for a deal valued around $16 billion dollars.

Sir Richard Branson, who is a part owner of Virgin Media, walked away with a cool $316 million in his pocket after handing over his shares. Nice work if you can get it. Today we will be looking at both Liberty Media Corp (LMCA), and News Corp (NWSA) to see which is the best bet in media. Continue reading "MarketClub TV: Clash of the Titans" →

Stocks flat as earnings fail to inspire investors

Posted on by The INO.com Team

Stocks were flat on Wall Street as the latest round of earnings reports failed to give investors an impetus to push the market's recent rally forward.

The Dow Jones industrial average fell 7 points to 13,973 as of 11:51 a.m. EST Wednesday. The Standard & Poor's 500 dropped one point to 1,511. The Nasdaq composite was flat at 3,171.63.

Time Warner rose $2.20 to $52.16 after the company said its net income grew 51 percent in the last three months of 2012 even as revenue was largely unchanged. Marathon Oil Corp. fell 46 cents to $34.26 after its fourth-quarter net income fell 41 percent on higher exploration costs and taxes. Continue reading "Stocks flat as earnings fail to inspire investors" →

Today's Video Newsletter: Michael Dell goes private and China catches gold fever

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 5th of February.

Dell Goes Private for $24.4 Billion
Going from a public company to a private company allows for many advantages that perhaps Michael Dell thinks he needs in today's ultra competitive smart tablet/phone world.

Michael Dell has sunk all his shares into his new private company and then added another $700 million to get the deal done. Dell, as an individual, has put the most skin into the game to go private. Other investors, like Microsoft, will be investing $2 billion and Silver Lake partners will put up $1 billion. The rest of the financing, over $15 billion is coming from banks. Dell stockholders will receive $13.65 in cash for shares of common stock. So it would appear that DELL has come full circle, private, public, and now private again. If DELL survives, will we see them again offer shares to the public? Continue reading "Today's Video Newsletter: Michael Dell goes private and China catches gold fever" →

Commodity Chart of The Week

Posted on by The INO.com Team

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

Gold has been a frustrating market for a lot of traders for the last few months. If you are the buy and hold type or one who tries to find dynamic trends to capture, gold has not been an attractive market for you. Gold, however, is now getting interesting and could provide a move this week, especially if markets get negative and a flight to safety bid enters the market.

The market has been building a solid base since the January lows and technically we are now getting to a point where a move could occur if we can penetrate the upward portion of the wedge you can see in the chart above. The top of the wedge and the 50 day moving average both come in right at 1685/ounce and a close over that level would bode well for gold if it is breached. Continue reading "Commodity Chart of The Week" →