Author: The INO.com Team

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 had a wild trading session this Friday afternoon in New York and an extremely volatile week with prices fluctuating on news about the fiscal cliff coming out basically hourly for the last couple of days sending prices sharply lower with silver this afternoon in the December contract trading at 33.36 down around $1.16 after making new highs in yesterday’s session and for the 3rd straight day having a $1 dollar move up or down still trading above its 20 and 100 day moving averages and in my opinion I think you will see extreme volatility going into the last days of December due to the fact of the nonsense that is going on in Washington DC while gold futures are down $19 this afternoon in the December contract trading at 1, 709 still stuck in a trading range unable to breakout from this recent trading range with the contract highs in gold at 1,801 which was hit in February and in my opinion I still think the precious metals are headed higher despite today’s activity. Continue reading "Weekly Futures Recap With Mike Seery" →

3 ETFs that are in strong upward trends

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 30th of November.

THREE COUNTRY ETFs THAT ROCK!

I thought it was interesting to look at some country ETFs today and see what our Trade Triangle technology has to say about them.

The first country ETF that stands out and surprised us was the ETF for Mexico (symbol EWW). This ETF has been doing very well lately, and with a Chart Analysis Score of +100 this market is likely to continue higher.

Next is Spain, can you believe that? With all of the talk of problems in Europe, this ETF for Spain (symbol EWP) is doing very well with a +100 Score.

The ETF for Taiwan is also on our list (symbol EWT) and has also been trending well with a +100 Score. Continue reading "3 ETFs that are in strong upward trends" →

Another Stroll Though Time w/ the HUI-Gold Ratio

Posted on by The INO.com Team

This is just a friendly reminder about how bloody important it is for the HUI-Gold Ratio (HGR) leading indicator (to the precious metals sector) to maintain its higher lows status.

Yesterday the goons apparently attacked ‘paper gold’ (according to sources who stand on guard for this stuff) after the HGR had become weak.  A pleasant thing happened however, as the HGR did not buy the take down in nominal gold.  2 Hour chart above. Continue reading "Another Stroll Though Time w/ the HUI-Gold Ratio" →

Chart to Watch - GMCR

Posted on by The INO.com Team

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 Green Mountain Coffee Roasters Inc. (GMCR).

I hope you are having a GREAT week !

This week let's take a look at a very Hot Stock Chart !!

GMCR put in a low the last couple weeks in July of this year, then made a strong bull swing in which MarketClub put in a monthly green Trade Triangle which was very important and bullish information to have.

Stocks will almost always come back to test the low and when GMCR tested the low MarketClub went on a red weekly Trade Triangle as GMCR made a higher low. Continue reading "Chart to Watch - GMCR" →

Gold & Silver Speculator

Posted on by The INO.com Team

DESPITE END-OF-YEAR VOLATILITY, UNCERTAIN ECONOMIC CONDITIONS & LONG TERM FUNDAMENTALS REMAIN EXTREMELY BULLISH FOR GOLD & SILVER AND SHOULD REMAIN SUPPORTIVE GOING FORWARD, POTENTIALLY PROPELLING THEM FAR BEYOND THEIR ALL-TIME HIGHS OF $1920 GOLD & $50 SILVER IN 2013

Now that Thanksgiving has passed and the Holiday Season is in full swing with thoughts turning toward Hanukkah, Christmas, and the New Year, I’m getting asked more and more questions from traders and investors who are very concerned - even anxious, about the Fiscal Cliff, the Debt Ceiling, tax implications/considerations regarding both and how all of this will play out in the precious metals markets. So, in this edition of the GSS, I’d really like to focus on the bigger picture.

But before we delve into that, I must take a moment to address yesterday’s violent intraday price move in Gold (and Silver to a lesser extent). We witnessed another one of those counter-intuitive, intense, vicious “waterfall selloffs” or spikes lower that seem to “randomly” occur from time to time over the past couple of years.

Massive and concentrated volume hit the market immediately on the NY Pit open: Over 35,000 lots or contracts reportedly traded - the equivalent of 3.5 Million ounces of Gold - with nearly 7800 contracts (that’s 24 TONS!) traded electronically in a single minute, slamming the price of Gold down -$36. The price drop was not enormous in percentage terms, but the volume size and velocity of the move still shocked many market participants as there was no corresponding “news” to point to. Continue reading "Gold & Silver Speculator" →