Category: General

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.

Silver Futures

The silver price for the March contract settled last Friday in New York at 16.13 an ounce while currently trading at 16.76 up about 60 cents for the trading week due to the weakness in the U.S. dollar also coupled with a higher than expected CPI inflation report sending silver prices near a two-week high. I'm not involved in silver & if you have read my previous blogs, you understand that longer-term I am bullish silver as I think its extraordinarily cheap and if you're not a trader but an investor I still think prices will head into the $20 level later this year. Silver prices are still slightly below their 20 & 100-day moving average as this market really has been choppy over the last six months with very little trend. I think that will change as I will not take a short position as I do think the downside is very limited. The U.S. dollar hit a three-year low this week as that is helping keep a floor under silver prices and many other sectors, but for the bullish momentum to continue prices have to crack the 17.50 level as the volatility is starting to increase and should become more violent down the road. Growth in the United States and worldwide is coming back as the tax cuts will certainly push the economy higher in my opinion coupled with the fact of the massive infrastructure plan which is going to help lift commodities. I do think almost all asset classes will continue to climb as the stagnant economy is behind us the 1st time in nearly a decade.
TREND: MIXED
CHART STRUCTURE: POOR
VOLATILITY: INCREASING
Continue reading "Weekly Futures Recap With Mike Seery" →

Cannabis Automation Stock Jumps 135%

Posted on by The INO.com Team

Analysis originally distributed on February 7, 2018 By: Michael Vodicka of Cannabis Stock Trades

If you think robots are about to take over the world, I've got a great cannabis stock for you.

This early industry leader is leveraging the power of robotics and automation to develop some of the most innovative cannabis manufacturing equipment I have ever seen.

The company's flagship product is a highly engineered machine that helps cannabis producers quickly and cost-effectively extract oil from the cannabis plant.

If it catches on, this young cannabis company could grow into an industry pioneer and global leader.

Let's take a closer look.

Quadron Cannatech (QCC) is a young Canadian cannabis company headquartered in Vancouver.

Shares began trading on the Canadian Stock Exchange in February of 2017 under the ticker symbol QCC. I see average daily trading volume of 784,000 so this ticker is plenty liquid for 99% of regular investors.

I also see a US OTC listing under the ticker symbol QUDCF. I see much less liquidity here with average daily trading volume of 51,000. But that volume should still be adequate for most investors.

Here's why QCC grabbed my attention. Continue reading "Cannabis Automation Stock Jumps 135%" →

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.

Gold Futures

Gold prices in the April contract are currently trading at 1,319 an ounce after settling last Friday in New York at 1,319 as the U.S. stock market dropped 10% in a matter of days. Generally speaking, that sends gold prices much higher, but not in this case as the precious metals continue to go lower. The U.S. dollar is the main culprit to this phenomenon as its higher once again today as investors are buying the dollar and selling all assets including the metals as silver and platinum continue to move lower coupled with the fact that copper has absolutely fallen out of bed this week. If you take a look at the daily chart gold prices bottomed out on December 12th at 1,242 while then topping out on January 25th at 1,370 and the 50% retracement stands around the 1,306 area. I think that will be tested in next week's trade as I am currently not involved in any of the precious metals. Gold is trading below their 20-day moving average, but slightly above its 100-day as we are right near a five-week low as investors don't want to own anything at the current time. It looks to me this could continue next week as well. However, there is panic going on at present as there will be very good buying opportunities in the coming days ahead.
TREND: MIXED - LOWER
CHART STRUCTURE: POOR
VOLATILITY: INCREASING
Continue reading "Weekly Futures Recap With Mike Seery" →

This Cannabis Landlord Is Trading At A Discount

Posted on by The INO.com Team

Analysis originally distributed on January 31, 2018 By: Michael Vodicka of Cannabis Stock Trades

Arizona's cannabis industry was on fire in 2017 - setting a long list of new records. Today, I am going to show you how you can profit with a young and secretive cannabis company I like to call - the Cannabis Landlord.

2017 was a record year for Arizona's young cannabis industry.

According to an annual report from the Arizona Department of Health Services, in 2017 Arizona patients consumed more than 43 tons of cannabis products.

That is an eye-popping increase of 50% from 29 tons sold in 2016.

Take a look at the steady growth below.

LL

The strong 2017 builds on years of impressive industry growth.

Since medical cannabis was legalized in Arizona five years ago, 130 new dispensaries have popped up across the state, with cannabis sales jumping 1,620%.

As you can see, Nevada's cannabis industry is in a long-term bull market as more patients gains access to cannabis. Continue reading "This Cannabis Landlord Is Trading At A Discount" →

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 futures recap of the 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.

Natural Gas Futures

Natural gas prices experienced a wild trading week after settling last Friday in New York at 3.17 in the March contract while now trading at 2.89 down about 28 points for the week. I was recommending a bullish position from around the 3.13 level getting stopped out in yesterday's trade as prices are now at a three-week low. I had also been recommending a bullish position in the February contract as we had to roll over into the March giving back some of the gains that we witnessed. I'm now sitting on the sidelines waiting for another trend to develop as the trend has turned negative. Natural gas prices are trading under their 20 and 100-day moving average as the volatility has exploded with extremely warm temperatures last week which sent prices down. However, colder temperatures are upon us as this market looks to be choppy so avoid for now & look at other markets with a better risk/reward scenario as the volatility will remain high in February. However, the spring season is almost upon us. At the present time I do not have any recommendations in the energy sector as I still remain bullish as natural gas prices still are cheap, but does not meet my criteria to enter into a trade so I will be patient and wait for the chart structure to improve, but I do think prices to the downside are limited.
TREND: LOWER
CHART STRUCTURE: POOR
VOLATILITY: HIGH
Continue reading "Weekly Futures Recap With Mike Seery" →