Author: The INO.com Team

Confessions of a Gold Analyst: "It's All My Fault"

Posted on by The INO.com Team

Common sense dictates that when you need information or advice on something you're unfamiliar with, you consult with a professional. That's what people do, whether refinancing a home, choosing an insurance product, or fixing a broken heater. While professionals certainly have their own agendas, they still know more about their products or services than others, and can at least help them make more informed decisions.

Bank and brokerage analysts know their products, too. But when it comes to helping you make an informed decision about where the gold market is headed, they have, as Rick Rule is fond of saying, a record unblemished by success. Continue reading "Confessions of a Gold Analyst: "It's All My Fault"" →

The Fiscal Cliff Was A Wasted Opportunity

Posted on by The INO.com Team

The label "the fiscal cliff" evoked the fear that something terrible was about to happen if the previously legislated spending cuts and tax increases came into effect. From my point of view, our nation's deficits and debt are growing at an alarming rate and need to be cut back. The reason these laws were enacted was to offer markets some hope that we would eventually work toward eliminating our serious deficits. But the prevailing opinion that such drastic decreases in our deficit would slow our economy and bring recession created the impression that this "cliff" must be avoided.

The chart below indicates the size of our federal government's budget deficit. The blue bars reflect what would have happened if there were no legislative changes, and the harsh measures of tax increases and spending cuts occurred. The red bars reflects potential tax increases, the green spending cuts, and the purple is additional interest paid on the expanded debt as a result of bigger deficits. The cliff is seen in the rapid drop of the deficit in the first few years of the blue bars. Continue reading "The Fiscal Cliff Was A Wasted Opportunity" →

Friday Poll: Would you buy Apple stock?

Posted on by The INO.com Team

You know we love Apple products here at MarketClub, but has the company lost its luster? I was shocked to see that Exxon has surpassed Apple as the world's most valuable company, after the tech company's stock hit a new 52-week low.

Apple's stock has been falling since it reported earnings on Wednesday. It hit a new 52-week low of $437.51 today, well off the recent all-time high of $703.99.

So, that begs the question....

Would you buy Apple stock now?

View Results

Loading ... Loading ...

As always, we would love to hear thoughts on the subject. Please leave a comment below.

Every Success,
Jeremy

Weekly Futures Recap with 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.

Precious Metal Futures--- The precious metals were mixed today with gold in the April contract down for the 3rd consecutive day is now trading below its 20 and 100 day moving average right between the 52-week low and the 52-week high settling last Friday at 1, 693 down $37 for the week as traders are pulling money out of gold and putting it into the stock market which continues to go higher while silver futures are still trading above the 20 day moving average but below their 100 day moving average which stands at 32.67 down sharply for the 2nd consecutive day after trading higher for 8 straight sessions settling around 31.20 down over $.60 for the trading week and I still remain bullish gold and silver and in my opinion I do believe the last couple of days is just profit taking and I still see higher prices to come due to the fact of easy monetary policies remaining for 4 more years. Copper futures are still trading above the 20 and 100 day moving average very little volatility lately currently trading at 3.655 down only slightly for the week but still stuck in a sideways pattern with no trend in sight. Continue reading "Weekly Futures Recap with Mike Seery" →

Today's Video Newsletter: Exxon regains its crown, while Apple loses value by the minute

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 25th of January.

The bad news keeps on coming for Apple as it continues to erode in early trading. It would appear as if all confidence in this stock is rapidly disappearing. How low can Apple go? In today's video newsletter, will be answering that question with some technical insights and objectives. We have two downside objectives for Apple, along with a cyclic time frame that we believe is pertinent to this particular stock.

Along with Apple (AAPL), we will be looking at energy, precious metals, forex, and the equity markets.

We will also be covering six stocks on the move: Weyerhaeuser (WY), Hasbro (HAS), Yum Brands (YUM), NetFlix (NFLX), Kla-Tencor (KLAC), and finally, Verisign (VRSN).

Don't forget to watch and share your comments with us on our blog.

Have a great trading day and an ever better weekend. I'll catch up with you all on Monday.
Adam Hewison
President INO.com and co-founder of MarketClub

Click Here to view today's video