Stocks Fluctuate On LinkedIn News While The Fed Looms

Hello MarketClub Members everywhere. LinkedIn Corp. (NYSE:LNKD) shares have soared as high as 49% this morning after Microsoft Corp. (NASDAQ:MSFT) announced that it's buying the company in a deal valued at $26.2 billion. This has caused Microsoft shares to slip a little over 2% as investors digest the news.

MarketClub's Mid-day Market Report

All eyes will be on the U.S. Federal Reserve meetings that start Tuesday as they discuss fiscal policy and the trajectory of the U.S. economy in the wake of a weak employment report for the month of May. Many investors will be watching closely on Wednesday for Fed Chair Janet Yellen's statement, as she has dropped numerous hints that the central bank would introduce another interest rate hike this summer. Still, the central bank is unlikely to raise interest rates further this week due to the disappointing jobs data and unimpressive first-quarter economic growth.

Key levels to watch this week: Continue reading "Stocks Fluctuate On LinkedIn News While The Fed Looms"

Are We Ready For Negative Interest Rates?

George Yacik - INO.com Contributor - Fed & Interest Rates


With interest rates on 10-year Japanese government bonds already deep into negative territory and comparable German bunds just a basis point or two away, most of the world’s safest debt instruments are trading below zero. With the notable exception of U.S. Treasuries.

While we’re still a long way from reaching that point – the benchmark 10-year Treasury note ended last week at 1.64%, its lowest level in nearly a year-and-a-half and down more than 60 basis points so far this year – it’s certainly not too early to start thinking about it. After all, if it can happen in Germany and Japan and several other countries, why not here?

Switzerland’s 10-year government bond closed last week at negative 0.50%, while the comparable Japanese bond ended at minus 0.15%.
Germany’s 10-year bund, the benchmark for the euro zone, closed at just two basis points above zero. The average yield on all German government debt outstanding is now below zero.

In real life, this means that if you buy a Swiss or Japanese bond today and hold it to maturity, you’re guaranteed to lose money. Such a deal.

What’s driving this madness? Continue reading "Are We Ready For Negative Interest Rates?"

Weekly Futures Recap With Mike Seery

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

Silver futures in the September contract settled last Friday in New York at 16.41 an ounce while currently trading at 17.35 up about 95 cents for the trading week. I’m now recommending a bullish position while placing the stop loss under the 10 day low which stands at 15.89 risking around $1.50 or $1,500 per mini contract plus slippage and commission as the chart structure will start to improve early next week. Silver prices are trading above their 20 and 100-day moving average telling you that the short-term trend is higher as interest rates around the world are hitting historic lows sending shockwaves into many markets especially the bond sector as traders are now interested in the precious metals once again as gold prices have surged as well. Negative interest rates around the world are starting to make investors skittish as they are looking for a place to hide money and that at the current time is the precious metals. I do think gold and silver prices Continue reading "Weekly Futures Recap With Mike Seery"

We May Have To Adjust Some Positions In Here

Doing some tape reading today we notice a clear theme of energy, material, and metals leading us higher, but what's happening with tech and consumer discretionary? We then dive into the Elliott Wave and Fibonacci analysis of the S&P, which further suggests it might be time to move.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Stock of the Week Could Hit $35 Per Share

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INO.com's Stock of the Week

This week's stock is up 17% year-to-date, but it may have more room to run. It has characteristics of a classic high growth stock and is currently trading at 40 times earnings. To top it off, this company has little to no debt liabilities and is a great candidate for further acquisitions or expansions.

When it comes to dollars, this company reported record numbers for the first quarter this year generating revenue growth of 27% year-over-year. It even reported earnings of $0.19 per share, beating analysts estimates by more than 33%. With numbers like this, this stock could be a contender for your portfolio.

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