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 (September 23rd through September 27th)

After the FED decided not to taper their Bond Purchase Program last week, global markets were given a nice boost, only to give most of the rally back by this morning. Now with only a few trading days left in the month, we will rely on a parade of FED Members that speak throughout the week to decide whether or not Wednesday was a one-day rally or not. We will also have to keep an eye on headlines as the debate in Washington continues, which threatens a government shutdown. Continue reading "Gold Chart of The Week" →

3 Big Surprises I Experienced At My Local Apple Store This Weekend

Posted on by The INO.com Team

Before I share with you my 3 surprises, Apple (NASDAQ:AAPL) is set to announce on today how many iPhones it sold over this past weekend.

apple logoI think they sold a lot of their new iPhones, maybe more than 5 million (announced today - 9 million sold) . That's the number Apple sold at their last iPhone roll-out weekend. I think Apple is going to sell a lot more, maybe 10 or 20 percent more.

Here's the reason why I say that.

I'm was just wrapping up some time at my summer home, here in Maine, and I decided on the spur of the moment to check out the local AT&T store and find out more about the new iPhone 5S, which I wanted to see first hand. Continue reading "3 Big Surprises I Experienced At My Local Apple Store This Weekend" →

Is The Market A Little Ahead of Itself?

Posted on by The INO.com Team

We've asked our friend, Brian Shannon of  Alphatrends to share with us his Stock Market Video Analysis of the week. We think you'll find his take on the markets interesting and insightful. Brian is a full-time trader, educator and author of the highly regarded book Technical Analysis Using Multiple Timeframes. He's also the founder of Alphatrends.  His expertise has been achieved over a 20-year period as he has navigated the difficult path that relatively few traders follow to success.

The markets experienced more strength this week, once again punishing those who choose to fight the trend. Despite scary news headlines, all year this market has continued to move higher, of course there have been pullbacks and those periods of weakness allow the market a chance to digest gains and reveal where the low risk trades are setting up. Continue reading "Is The Market A Little Ahead of Itself?" →

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.

Gold Futures--- Gold futures in the December contract had one of the most volatile and crazy trading weeks that I can remember finishing this Friday afternoon down $35 at 1,333 an ounce after settling last Friday at 1,308  rallying on the concept that the Federal Reserve will not taper bond purchases which sent many of the commodity markets sharply higher including gold on Wednesday afternoon, however reality has set in as Goldman Sachs came out stating that they believe the Federal Reserve will start tapering in December which put a lot of pressure on many commodities including the stock market today. I have been advising traders to sit on the sidelines in the gold market & I still think gold looks relatively weak closing right on session lows today as the bond purchasing in my opinion is overrated. The trend in gold is lower at this point but wait for better chart structure to develop before looking to enter into this market as volatility is too high. The U.S dollar hit an 8 month low which also propelled gold prices higher on Wednesday as the Federal government continues to try & support asset prices and it also continues to try to devalue the U.S dollar which is generally bullish commodity prices, however money seems to the flowing back into the S&P 500 as prices are hitting all-time highs while taking money out of gold market. TREND: LOWER –CHART STRUCTURE: POOR Continue reading "Weekly Futures Recap w/Mike Seery" →

Options vs. Options Spreads: How To Minimize Your Risk

Posted on by The INO.com Team

By: Nic Chahine

Investing in options is better than investing in stocks.
Today's post will show how there is an even better way of trading options. Consider this article to be part two of a three part series; the third part will follow in the coming days.

Even though investing in options provides a better bang for buck, one can immediately look for ways of perfecting the craft.

The Problem
The enemy of long options positions is time! All else held equal, out of the money long options positions will decay to zero and cause buyers a complete loss.

Example: a trader buys a September 500 put in Apple (NASDAQ: AAPL) for $8.80 per contract. If Apple is over 500 on the expiration day (September 21), then the trader loses the entire $8.80, which is 880 per contract. Continue reading "Options vs. Options Spreads: How To Minimize Your Risk" →