Author: The INO.com Team

Indexes are high

Posted on by The INO.com Team

Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Thursday the 7th of July.

The indexes are all higher for the day and are now close to major resistance basis the S&P 500. Our trade triangle technology has been bullish on the S&P 500 since $1,300 and we are sitting on some nice profits. However I do believe that we are close to a cycle high period and that we could see some profit-taking coming into the index markets next week. The current rally has been on extremely light volume even for summer trading.

Crude oil pushed upwards to the $100 a barrel range today and I think perhaps we are close to seeing this market peter out and take a rest in the short term. Technically, the market is fast approaching the upward level of its Donchian trade channel. I expect that we will see some profit taking coming in around current levels.

Other markets were generally quiet so far today.

Now let's see how we can protect and make your money grow. Click here to watch the video. Continue reading "Indexes are high" →

Metal Markets steal the spotlight

Posted on by The INO.com Team

Hello traders everywhere.  Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Wednesday the 6th of July.

The stars of the show today have to be the metal markets. Gold has rallied $50 from the low that we witnessed last week and is up over 1% today.  Silver is even better with a rally of 1.82%. It seems as though the global anxiety factor is creeping back into the markets and people are getting more and more distrustful of what's going on in the world.

The question is, can the Democrats and Republicans stop their bickering long enough and come to an agreement on the debt ceiling? Eventually, I'm sure there will be some sort of compromise that will probably make both the liberals and the conservatives mad. It's really time to stop all this bickering and start making some hard and difficult choices. I'm not sure the current set of politicians have the chutzpah to do this.

The banks stocks took a little hit today and it's clear that these stocks are not out of the woods yet.

Let's take a look at how things are shaping up today and go to the charts to see how we can protect and make your money grow. Click here to watch the video. Continue reading "Metal Markets steal the spotlight" →

Crude Oil + Precious Metals = Strong Moves

Posted on by The INO.com Team

Hello traders everywhere.  Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Tuesday the 5th of July.

The big story today has to be the moves in both crude oil and precious metals. Both of these markets have made strong upward moves. The crude oil dump of 30 million barrels is history and it underscores just how little influence anyone has over what is arguably the most precious commodity for any industrialized country.

Is it just me or is there a whole lot of smoke and mirrors going on in the political/financial world today. It seems that politicians continue to kick the can down the road when no politician either here in the states or anywhere else for that matter wants to say there is no more money!

Is there a chance that Germany wants out of the euro? I believe there is. I also think that German citizens will ultimately become enraged at having to bail out weaker countries like Greece, Spain, Portugal. France of course has a huge risk as they have the most exposure to Greece. Continue reading "Crude Oil + Precious Metals = Strong Moves" →

Why Favor the Stock Market?

Posted on by The INO.com Team

Guy Cohen is the creator of The Private Traders Club, Flag-Trader, The OVI Index and OptionEasy. He is also the author of the best-selling trading books “Options Made Easy”, “The Bible of Options Strategies” and “Volatile Markets Made Easy” (FT Prentice Hall). Guy specializes in stock market trading and he has created numerous online applications for stocks and options traders, with his hallmark being his user-friendly approach and liberal use of illustrations. His clients include NYSE Euronext, The International Securities Exchange (ISE) and FT Prentice Hall. To see what Guy is working on now, click here!
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Why I Favor the Stock Market

Alright, I admit it … I’m a stock market fan! Not Forex, not commodities … the stock market is where it’s at.

Make no mistake about it, more personal fortunes have been made in stocks than any other investment vehicle out there. That is a fact. Forex and commodities are highly specialized and the failure rate for amateur traders is higher in those markets than with stocks. As you would expect, the success rate with stocks is far higher than with Forex or commodities trading.

So with that in mind, let me explain why … Continue reading "Why Favor the Stock Market?" →