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 June contract settled last Friday at 1,251 an ounce while currently trading at 1,247 in a very nonvolatile trading week right near major resistance as prices are still trading above their 20 and 100-day moving average telling you the short-term trend is higher. At present, I am not, involved in the precious metals as the U.S dollar continues to flip-flop which had made the commodity markets basically go sideways over the last several months. For the gold rally to continue in my opinion prices, have to break major resistance around 1,268 which is still about $20 away as the U.S stock market continues to hover near all-time highs which generally is a negative towards gold prices. Gold prices bottomed out last month around the 1,200 level as that's when the Federal Reserve stated that they might slow down on raising interest rates sending prices back up towards the upper end of the trading range, however prices still remain choppy over the last several months so wait for a true trend to develop as there are very few markets that have strong trends at the current time.
TREND: MIXED - HIGHER
CHART STRUCTURE: IMPROVING

Continue reading "Weekly Futures Recap With Mike Seery" →

This Is The Best Time To Invest In Cannabis Stocks

Posted on by The INO.com Team

Analysis originally distributed on March 22, 2017 By: Michael Vodicka of Cannabis Stock Trades

If you are the kind of person who loves getting a great deal, the cannabis sector is calling your name.

Cannabis stocks are officially on sale.

This blast of weakness has been driven by two things.

There are still lingering concerns over US drug policy after some questionable comments on cannabis enforcement from White House Press Secretary, Sean Spicer.

I think these concerns are overblown - read my full analysis - but none the less, it has definitely been a lingering concern and weighed on cannabis stocks.

Canada also recently spooked cannabis stocks a bit.

Canada's cannabis czar said the country won't rush legalizing recreational cannabis in order to make sure it is done properly.

BIG NEWS!!! We're now accepting new Cannabis Stock Trades Premium members!

This may look like bad news on the surface. For shareholders, it's never fun watching a stock you own do anything but go up. For potential shareholders, it can be intimidating to buy a stock that has been falling.

However, I am hear to tell you this weakness is creating a great opportunity. Continue reading "This Is The Best Time To Invest In Cannabis Stocks" →

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 April contract settled last Friday in New York at 1,230 while currently trading at 1,245 as I was recommending a short position and stopped out early in the week taking a very small loss as the momentum continues to the upside due to the fact that the U.S dollar is now near a 7 week low pushing up the precious metals in the last couple of weeks. At present, I'm sitting on the sidelines waiting for a trend to occur as prices are now trading above their 20 and 100-day moving average looking to retest the February 27th high of 1,265 & if that is broken you have to think prices would continue to move higher. The main catapult was the fact that the Federal Reserve stated that they will slow down on interest rate hikes sending gold prices from 1,200 up to today's price levels, but this market remains choppy in my opinion as the risk/reward is not in your favor as there are very few trends at present. The Obama care replacement has caught a couple of snacks also sending the stock market lower this week and gold prices higher, however, I still believe that will be resolved as money flows have been entering the bonds and gold this week. Continue reading "Weekly Futures Recap With Mike Seery" →

First Ever Australian Cannabis Stock Set To Lead Industry

Posted on by The INO.com Team

Analysis originally distributed on March 15, 2017 By: Michael Vodicka of Cannabis Stock Trades

Cannabis legalization isn't just happening in the U.S and Canada. It's happening all across the world. It seems like every month or so a new country joins the party.

For example, In early 2016 Colombia's Congress voted to legalize cannabis for medical and scientific purposes.

In the Middle East, Israel is decriminalizing cannabis for recreational purposes.

In late January, Germany passed a bill legalizing the production, sale and use of medical cannabis.

This is good news for cannabis stock investors. It means the industry is growing.

This week, I want to tell you about a well-known country of 24 million that just launched its promising young medical cannabis industry. Continue reading "First Ever Australian Cannabis Stock Set To Lead Industry" →

Gold Stocks for All Risk Appetites

Posted on by The INO.com Team

Money manager Adrian Day reviews recent developments at a handful of gold companies, both juniors and seniors.

Franco-Nevada Corp. (FNV:TSX; FNV:NYSE,NY 62.58), already one of most diversified of royalty companies, is expecting further commodity diversification ahead, with CEO David Harquail saying the company will do more deals in non-precious metals, particularly oil and gas. The company's mandate allows for up to 20% of the portfolio outside precious metals—currently it's at 94% precious metals—and Harquail said he would like to get to that level soon. Franco currently has availability liquidity (cash and credit lines) over $1 billion.

The reason for the diversification is that the gold industry is essentially "ex-growth," according to Harquail, who says companies are investing in new projects to maintain production, but "none of these projects are really great."

Company Can Take Its Time

Harquail also noted that Franco does not need to be in a rush to invest. It has growth built in for the next five years from royalties on advanced-stage projects, while it could maintain its dividend for the next 32 years even if it did nothing else.

Franco is also appealing more and more as an investment to long-term conservative institutions, including generalist funds who want a small exposure to gold and resources without the extreme volatility from mining companies. Franco remains a foundational investment for us. If you don't own it, it's a good buy here. Continue reading "Gold Stocks for All Risk Appetites" →