Category: General

For Traders and Asset Managers, Puerto Rico's Tax Incentives Are a No-Brainer

Posted on by The INO.com Team

By: Nick Giambruno

Whenever I see the words “life-changing opportunity” or something like that, I immediately dismiss it as a lame gimmick or hyperbole.

And while I am truly reluctant to use those often misused words, I can honestly think of no better way to describe Puerto Rico’s tax incentives for traders, hedge funds, private equity firms, and asset managers of all stripes.

This is truly a life-changing opportunity for them, and that’s not BS.

By the end of this article, you’ll see why.

It’s not for no reason that investment legends like hedge fund manager John Paulson and Nick Prouty have planted their flags there. But you don’t have to be a big name to benefit too. As you’ll see, obtaining Puerto Rico’s tax incentives is really a no-brainer for anyone who makes their living off of capital gains.

But first, you need to understand a few things about the uniquely burdensome American tax code to see why this is such an unparalleled opportunity. Continue reading "For Traders and Asset Managers, Puerto Rico's Tax Incentives Are a No-Brainer" →

Russia's Achilles' Heel

Posted on by The INO.com Team

No doubt by now, you've heard of the problems in Russia with its currency. You have to say to yourself, "a 17% return on my money sounds pretty good," but when the ruble sinks more than that in one day, you say, "WHOA, will I get my money back?" And that my friends is Russia’s Achilles' heel right now, as investors ponder whether they going to get their money back before capital controls are put in place.

If you didn't think commodity markets are important, think again. The correlation between the collapse of the Russian ruble (CME:6R.Z14.E) and the collapsing oil market is extraordinary and I will illustrate it for you in today's video.

Who knew that Saudi Arabia alone could, in essence, break the Russian economy almost in half, not with tanks and bombs, but with a commodity called crude Oil (NYMEX:CL.F15.E).

Saudi Arabia has continued to push production from its vast oil fields in order to lower the price of oil and make it difficult for competitors to stay in business. One of the amazing side effects to all this is the fact that Saudi Arabia has basically ripped the guts out of the Russian economy and its cash cow, crude oil. Continue reading "Russia's Achilles' Heel" →

What Are You Doing To Prepare For 2015?

Posted on by The INO.com Team

One of the things I've always done over the years is close out all my accounts just before the middle of December. Looking back on the year, I have to say it's been a good year and I hope 2014 was a good year for you too.

This is perhaps the most dangerous time of the year when the markets are very thin and volatile. They can swing dramatically one way or the other and make very little sense. It's not that way every year, but trading does drop off dramatically and liquidity becomes a problem, even with big stocks.

If you haven't made your money for the year by the middle of December, you're not going to make it in the last two weeks of December. I can practically guarantee that.

So here's what I do, I look forward to enjoying the holidays with my family and I look forward to 2015 and get mentally prepared for the markets. There is absolutely zero doubt in my mind that there will be some huge moves next year. You only need to catch one of these giant moves to make your year. I happen to think that next year will be golden - that is when the new bull market starts in gold (FOREX:XAUUSDO). Now remember, that is what I think, but I'm going to have to have the Trade Triangles back those thoughts with solid technical evidence that gold is going higher. Continue reading "What Are You Doing To Prepare For 2015?" →

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 February contract settled last Friday around 1,190 while currently trading at 1,223 this afternoon near a 6 week high as I’ve been recommending to sit on the sidelines in this market as volatility is way too high and the risk is also way too high in my opinion, however it does look to me like a bottom has been placed here in the short term with gold spiking from the 1,140 level last week and then rebounding around 100 dollars in the last 7 trading days which is incredibly impressive as the stock market is sharply lower this afternoon sending money back into the gold and precious metal sector. Gold futures are trading above their 20 but still below their 100 day moving average telling you that the trend is lower as I will remain neutral as the chart structure is awful at this time, however if you do think gold has bottomed my recommendation would be to buy at today’s price level while placing your stop loss below 1,186 risking around $37 or $3,700 per contract plus slippage and commission but the risk is too high & does not meet my criteria so I will wait for better chart structure to develop but I have to admit its sure fun to watch.
TREND: HIGHER
CHART STRUCTURE: AWFUL Continue reading "Weekly Futures Recap With Mike Seery" →

Are You Ready to Become a Full Time Forex Trader?

Posted on by The INO.com Team

There is not a part-time trader out there who doesn’t dream of getting to the point where they can throw their day job to the wayside and trade currency from the deck of their pool. This is a legitimate fantasy that few will achieve, and for those that do it will be a hard road to get there.

There will be no chance of success at becoming a full time Forex trader until you honestly evaluate the following factors to see if it is viable in your situation:

Start Up Capital

How much is in your Forex account right now? $1,000? 2 grand? How much more can you add to it? Remember, pips don’t equal much when converted into cash and not even leveraging with that amount of money is going to make you self sufficient any time soon. Brokers don’t leverage more than what you have on hand to lose. Continue reading "Are You Ready to Become a Full Time Forex Trader?" →