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.

Gold Futures

Gold futures in the December contract settled last Friday in New York at 1,275 an ounce while currently trading at 1,268 down slightly for the trading week after hitting a six week high earlier this week. I'm currently not involved in this market with gold being incredibly choppy over the last six months. Gold prices are trading above their 20 and 100-day moving average telling you that the short-term trend is higher. Gold has had a significant rally over the last six weeks due to the U.S. dollar has hit a fresh 14 month low. That is definitely a fundamental bullish factor towards gold and the precious metals across the board. The United States added 209,000 jobs last month sending prices slightly lower in Friday's trade and the next major level of resistance is around the 1,300 level. That has to be broken to continue with its bullish momentum as the chart structure is poor at present due to the moves that went straight down and then straight up. I'm advising clients to look at other markets with better potential than gold at the current time.
TREND: HIGHER
CHART STRUCTURE: POOR
Continue reading "Weekly Futures Recap With Mike Seery" →

Warren Buffet Would Love This Cannabis Stock

Posted on by The INO.com Team

Analysis originally distributed on July 27, 2017 By: Michael Vodicka of Cannabis Stock Trades

In early 2017 Forbes ranked Warren Buffett as the world’s second richest man with a net worth of $72 billion.

Unlike most other billionaires on the list, Buffett didn’t get rich from owning just one company. Berkshire Hathaway Inc. (NYSE:BRK.B) functioned like a giant mutual fund, investing in many companies from different industries all across the economy. That way, if one industry or company struggled, it wouldn’t crush Berkshire’s performance.

At the core, this is a lesson in diversification. Putting all your eggs in one basket can be risky.

That is particularly true in the cannabis sector. It is a super young industry and cannabis stocks can be quite volatile.

I want to share a cannabis stock that Warren Buffett would love. Continue reading "Warren Buffet Would Love This Cannabis Stock" →

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.

S&P 500 Futures

The S&P 500 in the September contract settled last Friday in Chicago at 2468 while currently trading at 2465 down slightly for the week. I remain very bullish the equity market & if you are long a futures contract the stop loss has been raised to 2448 and in 2 more days that will be raised to 2457. The chart structure has turned excellent because volatility is relatively low except in Thursday's trade when we saw a significant price swing. The Vix, which measures the volatility in the stock market hit a 10-year low in yesterday's trade down to the 11 level which is shocking in my opinion. The bias is to the upside at this time as extremely low-interest rates coupled with a weak U.S. dollar continues to prop up equity prices and I think this trend is going to continue. I'm certainly not recommending any type of bearish position. The S&P 500 is trading far above its 20 and 100-day moving average as this trend is very strong and seems to get stronger on a weekly basis with excellent earnings coming about. This is the perfect storm for higher prices in my opinion so stay long and place the proper stop loss.
TREND: HIGHER
CHART STRUCTURE: SOLID - IMPROVING
Continue reading "Weekly Futures Recap With Mike Seery" →

Cannabis Cancer Stock Up 207% In 2017

Posted on by The INO.com Team

Analysis originally distributed on July 19, 2017 By: Michael Vodicka of Cannabis Stock Trades

Cannabis is a proven treatment for cancer patients struggling with the side effects of chemotherapy such as nausea and loss of appetite.

But now, pre clinical research is showing that cannabis could actually be a cancer killer.

A group of scientists recently reported that THC and CBD slowed the growth and even killed certain cancer cells – including breast, brain and liver cancer – when grown in a lab.

Animal studies also suggest that cannabis could be a cancer killer.

A study conducted by Complutense University, one of the oldest and largest universities in Europe located in Madrid, showed that an injection of a synthetic THC eliminated malignant brain tumors in 1/3 of the rats studied while extending the life of another 1/3. Continue reading "Cannabis Cancer Stock Up 207% In 2017" →

More To Come For This Cannabis Lighting Company?

Posted on by The INO.com Team

Analysis originally distributed on July 13, 2017 By: Michael Vodicka of Cannabis Stock Trades

There are millions of square feet of cannabis cultivation facilities being built all across North America.

Take Americann (OTC:ACAN) for example. Americann is a U.S. based cannabis company headquartered in Massachusetts. Americann is in the early stages of building a 1 million square foot cultivation facility in Mass that will potentially serve as the primary cultivation hub to supply a huge portion of the Eastern cannabis market.

Cronos Group (CDNX:MJN.V) is another good example. Cronos is a Canadian cannabis company headquartered in Toronto. In May, Cronos announced that one of the companies it owns, Peace, had broke ground on a 315,000 square foot cultivation facility.

This project will include a 286,000 square foot production facility, a 28,000 square foot greenhouse, and a 1,200 square foot extraction laboratory.

When finished, this facility is expected to be one of the largest indoor cannabis production facility in the world.

As you can see, cannabis companies are in the process of hugely ramping up their cultivation capacities to meet the tidal wave of demand for cannabis coming down the pike.

One way to profit is to simply invest in the companies building these cultivation facilities. That could turn out to be extremely profitable.

However, I have an even better way to potentially profit. Continue reading "More To Come For This Cannabis Lighting Company?" →