Make No Mistake About It, Q2 Was A Tough Quarter!

Hello World Cup Portfolio fans, here's how things turned out in what was a very difficult trading environment in Q2.

But first, let's start off with some positive news. As you may know, we trade six different markets and out of those six markets we made profits in three of those six. The profits in corn, wheat and soybeans, while very good, were not enough to make up for the losses in the other three markets. The other three markets were, for the most part, in trading ranges and very choppy and difficult to trade for the entire quarter. The markets in question are crude oil, gold and to a lesser extent, the Dollar Index.

PAST PERFORMANCE:
2008 2009 2010 2011 2012 2013 2014
+501.6% +48.5% +35.3% +186.7% +57.6% +77.1% +135.8%


Past performance in no guarantee of future performance. Losses can and do occur.

We have never had a losing year in the World Cup Portfolio. In Q1 of this year, we had a really good quarter with a gain of around 23%. In Q2 we gave it all back in extremely difficult and choppy trading conditions, which puts us flat on the year.

Let's take a look at which markets we made money in and which markets we lost money in, along with the reasons why. Continue reading "Make No Mistake About It, Q2 Was A Tough Quarter!"

8 Unprecedented Extremes Indicate A Stock Market Bubble In Trouble

By: Elliott Wave International

This article was adapted from Robert Prechter's June 2015 Elliott Wave Theorist. For more charts and detailed commentary, analysis and forecasts from Prechter's latest issues, click here for the extended subscriber version of this report -- it's free.

It is amazing to read assertions from the Fed and others that the stock market is nowhere near being in a bubble. Several aspects of the financial environment are actually so extreme as to be unprecedented. Some indicate a bubble, and others a bubble in trouble.

Below are eight indicators we are watching closely, among others.

1) Record debt in U.S. dollars

Total dollar-denominated debt peaked at $52.7 trillion in early 2009. At the end of Q1 2015, it stands at $59 trillion, an unprecedented amount.

2) Margin Debt at All-Time Highs

Never have more trading-account owners owed so much money, and never have they had such a low level of available funds from which further to draw. Continue reading "8 Unprecedented Extremes Indicate A Stock Market Bubble In Trouble"

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.

Gold Futures

Gold futures in the August contract settled last Friday in New York at 1,158 an ounce while currently trading at 1,137 down about $20 for the week hitting a five-year low as I’ve been recommending a short position when prices broke 1,170 and if you took the original recommendation place your stop loss at the 10 day high which was lowered to 1,170 as the chart structure will start to improve on a daily basis. Gold prices are trading far below their 20 and 100 day moving average as prices look to head lower as I’ve talked about in many previous blogs I see absolutely no reason to own the precious metals at the current time as deflation is a worldwide problem as the U.S dollar hit a six week high in this week’s trade. Crude oil prices are also continuing their bearish trend Continue reading "Weekly Futures Recap With Mike Seery"

A Wynning Trade In Gold ?

Join Todd Gordon of TradingAnalysis.com as he takes you through two trade setups using options with Fibonacci analysis. We first look at our gamble on WYNN, and then move to a chart that looks set to lose it's luster, gold.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Trade with a Plan – Setting Your Limits

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple and straight-to-the-point.

If you like this article, Larry’s also agreed to give you free access to his award winning book.

Today he’s going to talk about how setting your limits can help you avoid sabotaging yourself.

I think trading with a specific plan is one of the most sensible things a trader can do. It helps you learn and identify key areas to watch for in a market. More importantly, it helps you avoid sabotaging yourself because it helps keep your emotions in check. One of the key components of a trading plan is knowing your exits. One way to close an open trading position is with a limit order.

Limit orders target a specific price level – they won't be filled unless the market trades there

Limit orders are pretty straightforward once you get the hang of them. They are contingency orders. The market has to trade at a specified price level before it is even possible for the order to get filled. Even then, there is no guarantee that it will get filled. Continue reading "Trade with a Plan – Setting Your Limits"