Author: The INO.com Team

Say Goodbye to the Election and Hello to Inflation

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednessday, the 7th of November.

The election is over and one half the country is happy and the other half of the country is unhappy. It's time to move on and focus on the markets and what we do best here at MarketClub, catching the big moves in stocks, futures, Forex and the futures markets.

If we continue down the same economic path of the last four years, stimulus after stimulus, inflation is going to come roaring back in a vengeful way. That is going to be a positive for gold and other raw commodities and real estate.

In regards to all the markets, we are going to rely on our winning Trade Triangles as they will show us the path to profits.

Now, let's go to the markets and see what our Trade Triangles are indicating.

Have a great trading day,
Adam Hewison
Founder & President INO.com and co-founder of MarketClub.com.

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Another Layer of Bureaucracy for Oil and Gas Exploration in the US?

Posted on by The INO.com Team

On May 11, 2012, the US Bureau of Land Management (BLM) published proposed regulations governing "Oil and Gas; Well Stimulation, Including Hydraulic Fracturing, on Federal and Indian Lands." BLM is a latecomer to this party. Its belated meddling lacks practical or economic justification. Instead, the proposed BLM rule would drive oil and gas developers off federal and tribal lands. Complying with the rules is too complicated and costly. Producers can realize a much faster and much better return on their capital investment by developing oil and gas reserves on adjoining private lands.

Federal and tribal lands hold large reserves of oil and natural gas. At a time when the United States desperately needs to move toward, not away from, energy independence, it makes no sense to let bureaucratic meddling effectively place these valuable domestic reserves out of reach. The problems with BLM's approach are myriad. Continue reading "Another Layer of Bureaucracy for Oil and Gas Exploration in the US?" →

Election Day Special

Posted on by The INO.com Team

MORNING STARS RISING - CLASSIC BULLISH REVERSAL CANDLESTICK PATTERNS OCCURRING NOW IN GOLD & SILVER RIGHT AT SUPPORT LEVELS NEAR 200DAY MOVING AVERAGES.

Election Day has finally arrived here in the United States of America, so please exercise your civic duty: get out and vote (if you haven’t already) thank you.

Today was largely expected to be uneventful in the Gold and Silver markets as many traders were looking to avoid the event risk inherent upon the outcome of the U.S. Elections, but that has definitely not turned out to be the case.

After Friday’s massive drops of -$40 Gold and -$1.50 in Silver, which happen to be the biggest single-day spikes lower in the last 2 months, both markets blasted higher this morning with Gold putting on nearly +$35 and Silver around +$1.00 higher (intraday) before pulling back off the highs...

Let’s take a look at where the recent consolidation stands from top to bottom: Continue reading "Election Day Special" →

Left or right it all comes down to today - Election day in America

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 6th of November.

Yesterday, we invited users to vote on our own poll on who is going to win the 2012 presidential election. The poll  is presently indicating 54% for Romney and 46% Obama, a Romney win.

The poll on our MarketClub.com website currently shows Governor Romney with 50% and President Obama with 50%, a dead heat.

What do you think?

The markets are not indicating one way or another who is going to win the election. The equity markets are trading higher for the week, as is crude oil, gold, and silver, while the dollar remains on the defensive. Continue reading "Left or right it all comes down to today - Election day in America" →

How the stock market has performed on Election Day

Posted on by The INO.com Team

The U.S. stock market was closed on Election Day through the 1980 election. How it has performed on Election Day in the years since:

Nov. 6, 1984: Hours before Ronald Reagan beats Walter Mondale in a landslide for re-election, and with the economy healing after a deep recession, the Dow climbs 14 points to 1,244.

Nov. 8, 1988: The market enjoys a strong morning in anticipation of a victory by George Bush over Michael Dukakis. It holds only a fraction of the gain, and the Dow ends up two points at 2,127.

Nov. 3, 1992: An uneventful session one day after a rally based in part on speculation that a Bill Clinton presidency wouldn't hurt the markets. The Dow ends down nine points at 3,252.

Nov. 5, 1996: In the middle of a historic bull market, investors embrace hope that Democrat Clinton and a Republican Congress will keep each other in check. The Dow rises 39 to 6,081, within 13 points of its all-time high.

Nov. 7, 2000: George W. Bush and Al Gore go to the wire, and investors hold their bets. The Dow closes down 25 points at 10,952. The Dow slides as much as 5 percent during the five-week fight over the Florida vote.

Nov. 2, 2004: After a five-day winning streak, the market confronts the prospect that the race between George W. Bush and John Kerry won't be settled on Election Night. Late selling pushes the Dow down 18 points to 10,035.

Nov. 4, 2008: Investors expect an Obama victory and look ahead to a new administration to confront the financial crisis and deepening recession. At a time when wild swings are common, the Dow climbs 305 points to 9,625.

By The Associated Press