Category: General

Gold Chart of The Week

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.

Weekly Gold Report (October 7th through October 11th)

Week two of the US Government Shutdown has officially begun and it appears that we are no closer to a resolution than we were when last weeks business concluded. Despite the fact that there are a few noteworthy economic figures and speeches being brought to the markets this week, all eyes will continue to follow news from Washington throughout the next five trading days.

In an effort to not bore readers with the same information that headlines every financial publication each day, I will spare you the details of the US Governments sophomoric behavior over the debt ceiling and suggest that traders should expect this debate to continue to weigh on the markets. If the last five years have taught us anything about the US Government and the big decisions and deadlines, we should probably expect some form of compromise in the eleventh hour on October 17th. While it is certainly a possibility that a resolution could be struck in advance of that date, I would not bet the farm on it. Continue reading "Gold Chart of The Week" →

How social media sentiment can affect markets

Posted on by The INO.com Team

On a daily basis over 140 million users of micro-blogging service - Twitter are generating a collective 340 million small text messages. This abundance of data contains a multitude of patterns hidden within. But can this data predict whether the stocks go up or down? Can it really assist traders on making calculated, informed and successful trades?

I think it is a fact that the media, both online and offline are able to influence the financial market and generate both positive and negative outcomes on market price. It is also said that investors are not the only subject to the sentiment of related news articles but also the public opinions.

The challenge is how to quantify such sentimental information to predict the movement of the stock markets, so say the researchers who mined the twitter data anyway. Continue reading "How social media sentiment can affect markets" →

Weekly Futures Recap w/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.

Cotton Futures-- Cotton futures in New York this week continued their bullish trend settling last Friday at 86.63 going out this Friday at 87.47 about 85 points higher hitting a 6 week high and still trading above its 20 and 100 day moving average which I consider a bullish technical indicator. I have been recommending buying cotton futures in the December contract last Friday when it broke out above 85.80 but cotton is very large contract with heavy risk so trade only 1 contract while placing a stop below the 10 day low at 84.07 risking around $800 per contract at the time if you are wrong and the trend changes to the downside. The chart structure in cotton is excellent at this point which has allowed you to place a tight stop if you’re looking to get involved into this market, however traders are keeping an eye on next week’s crop report which definitely will have an impact on short-term price direction as I still do believe cotton prices will fill that gap at 89 in the coming weeks possibly if next week’s report is very bullish. TREND: HIGHER –CHART STRUCTURE: EXCELLENT Continue reading "Weekly Futures Recap w/Mike Seery" →

Twitter, will you buy it?

Posted on by The INO.com Team

Twitter unsealed the documents for its planned initial public offering yesterday and says it hopes to raise up to $1 billion in one of the year's most eagerly awaited stock market debuts.

The documents revealed for the first time how much money the social networking company makes, which has been a long running mystery. Founded in 2006, Twitter has never turned a profit and has an uninterrupted history of losses totaling $419 million since its inception. But its revenue is growing and we thought we would ask.....

Will you buy Twitter stock?

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Every Success,
The INO.com team

Chart to Watch - December Wheat

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the December Wheat Futures (CBOT:ZW.Z13.E).

I hope you are having a GREAT week !

This week we will take a look at the futures chart of December Wheat.

When trading futures we use the weekly MarketClub Trade Triangle to tell trend and the daily MarketClub Trade Triangle to time the entries and exits of the trades. Continue reading "Chart to Watch - December Wheat" →