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 1,309 while going out today around 1,290 down by about $20 for the trading week as the Ukrainian situation has stalled sending gold prices back down into the recent trading range. Gold futures are trading below their 20 but right at their 100 day moving average as prices have been consolidating in the last 5 weeks trading in a $30 range as I’ve been sitting on the sidelines waiting for a better chart pattern to develop but if you are looking to get into this market on the long side I would buy at today’s prices placing my stop at the 10 day low of 1,365 risking around $2,500 per contract and if you’re looking to get short this market I would sell at today’s price while putting my stop loss at 1,310 risking around $2,000 as the chart structure is relatively tight at the current time. Gold prices rallied from 1,180 all the way up near $1,400 an ounce 2 months ago so this is basically the 50% retracement and I think you will see a consolidation for quite some time so keep a close eye on this chart as it appears to me that a breakout is looming.
TREND: MIXED
CHART STRUCTURE: EXCELLENT

Continue reading "Weekly Futures Recap With Mike Seery" →

Poll: Alibaba Files For Landmark IPO

Posted on by The INO.com Team

Alibaba was founded 15 years ago in a small Chinese apartment by Jack Ma. Ma is a former English teacher who started the company with an initial investment of $60,000, kicked in by 18 friends.

The company has since evolved into the dominant force in China's (maybe even the world's) e-commerce industry. As a market with so much potential, Alibaba's IPO may be the largest ever by a tech company. The initial document filed with the SEC indicates that Alibaba plans to raise $1 billion, but that figure is just a placeholder. Analysts believe it could haul in more than the $16 billion Facebook raised in 2012.

Now for the real question.....

Will you invest in Alibaba?

View Results

Loading ... Loading ...

As always, we would love to hear what you think as well. Please take a moment to leave a comment after you vote.

Every Success,
The INO.com Team

3 Stocks To Own Now!

Posted on by admin



Hi Traders,

It's not often that 3 stocks jump out as must-owns! Sometimes you see stocks and think, "Man, I should have bought those!" But I found 3 stocks this weekend that seem like no-brainers. The technical and fundamental support suggests that these are stocks that are ready to move now.
3 Stocks To Own Now!
I just finished up this complimentary report which...

• Shares the identity of these 3 stocks.
• Explains why these big-name stocks are set-up for an upside move.
• Tells you when you should make a move.

View this report: 3 Stocks To Own Now! I hope you enjoy this report and are able to capitalize on these hot stocks.

Enjoy!

Wayne Burritt
Market Research Contributor
INO.com, Inc.

Successful Investors Read, And Read A Lot

Posted on by The INO.com Team

By: Tim Melvin

Warren Buffett and Charlie Munger have commented many times in the past about the need to read widely and often to achieve investment success. "I have said that in my whole life, I have known no wise person over a broad subject matter area who didn't read all the time -- none, zero," Munger commented at the 2003 Berkshire Hathaway (NYSE: BRK-B) annual meeting.

"Now I know all kinds of shrewd people who by staying within a narrow area can do very well without reading," he added, "but investment is a broad area. So if you think you're going to be good at it and not read all the time, you have a different idea than I do. . . . You'd be amazed at how much Warren reads. You'd be amazed at how much I read."

When Warren was asked by an interviewer how he achieved success he held up a sheaf of papers and commented, "Read 500 pages like this every day. That's how knowledge builds up, like compound interest." This is an underappreciated talent in today's investing world. We flock to seminars and meetings to learn how to pick stocks and analyze markets using charts and pictures, without developing the knowledge of what is driving the price moves.

Get Your Nose In A Book

Continue reading "Successful Investors Read, And Read A Lot" →

Chart of The Week - Natural Gas

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

June Natural Gas (NYMEX:NG.M14.E) opened sharply higher in Sunday evenings session, but since the open prices plummeted to a 5 day low. The sell off confirmed a bearish outside reversal ahead of today's US session. June Natural Gas futures remain under pressure from last week's EIA storage report that showed a larger than expected supply build of 82 bcf. Recent weather forecasts have been calling for warmer temperatures across the country which could limit the size of upcoming supply injections.

In recent weeks, we have been in a sideways trend in the June Natural Gas Market as the market decides on which direction it is headed next. The technical analysis in Natural Gas points to bearish in the near-term, making way for a potential swing trading opportunity.

In today's trading session, I will be looking to sell June Natural Gas futures at 4.660, or a breach of the 20 Day Moving Average. This breach would confirm the outside reversal in today’s trading session. Continue reading "Chart of The Week - Natural Gas" →