Author: The INO.com Team

Chart to Watch

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 November Orange Juice (OJ.X12.E). I hope you had a GREAT week !

November Orange Juice made a double bottom, a breakout of the double bottom, and now looks to be making a higher low which is a probably a test of the breakout.

If the higher low holds and Orange Juice trades up from here that would paint a very bullish picture as the move after a higher low can often be a strong one.

The monthly MarketClub Trade Triangle is currently green which means the longer term monthly time frame is pointing up. Continue reading "Chart to Watch" →

Daily Video Update: Debate shocker - It's what America is talking about today

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 4th of October.

I would be remiss if I didn't make a comment on last night's debate. If you didn't watch the debate, I think it's universally accepted that Governor Romney brought in his "A" game, while Pres. Obama did not seem up to the challenge.

I mention this only because we made a comment earlier in the week that "politics and markets make strange bedfellows". Based on what the world saw last night, the election just got tighter.

Today, we are seeing the markets vote on the debate and we are seeing a strong movement in equities and in precious metals. It is too early to say if this trend will continue for the rest of the day.

We'd like to hear your thoughts! Be sure to vote on the debate in today's poll. Continue reading "Daily Video Update: Debate shocker - It's what America is talking about today" →

Poll: Did One Night Change the Presidential Race?

Posted on by The INO.com Team

We want to ask our readers and members about their thoughts on the Presidential debate last night.

Who do you think won last night?

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Did the debate change your mind?

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Do you plan on watching the rest of the debates?

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

Every Success,
The MarketClub Team

Canada – The New Evolution in Financial Security

Posted on by The INO.com Team

By Greg McNally, International Man

With the OECD, EU and US continuing to put pressure on traditional financial centres, clients from emerging markets such as Russia, China and Brazil are now looking to new jurisdictions to plan for their financial security. One of those jurisdictions may be Canada.

In the case of Fundy Settlement v. Canada, 2012 SCC 14 [April, 2012], the Supreme Court of Canada ruled that a trust should be taxed where its "mind and management" is located, not where the trustee is resident. Although these locations could be the same, tax residency for Canadian purposes is now determined to be where the principal place of business of the trust is conducted.

Therefore, a company can be incorporated in Canada. That company can enter into a trust indenture as trustee (either on declaration, or settlement) on behalf of a client and, if the trustee engages a co-trustee or a trust administrator from outside of Canada to perform the day to day management of the trust, no tax consequences will arise in Canada. As a trust not subject to tax in Canada, there is also no requirement to file any sort of information or tax return. Continue reading "Canada – The New Evolution in Financial Security" →

Morning Energy Market Commentary

Posted on by The INO.com Team

November crude oil was higher due to short covering overnight as it consolidated some of Wednesday's decline. Stochastics and the RSI are turning bearish again signaling that sideways to lower prices are possible near-term. If November extends the decline off September's high, the 62% retracement level of the June-September rally crossing at 87.19 is the next downside target. Closes above the 20-day moving average crossing at 93.75 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 91.14. Second resistance is the 20-day moving average crossing at 93.75. First support is the 62% retracement level of the June-September rally crossing at 87.19. Second support is the 75% retracement level of the June-September rally crossing at 84.29. Continue reading "Morning Energy Market Commentary" →