FOMC Minutes… Head for the Hills!!!

While the MSM instigates reasons why we should give a damn about what people who have little control over the T bond market were thinking at the last meeting, why don’t we just tune it all out and manage the markets instead?

tyx, etc

The top panel shows the 30 year yield marching toward the traditional limiter AKA the 100 month EMA.  The pattern measures to 4.5% or so, so there could be a spike above and a hell of a lot of hysteria at some point.  That’s the collective markets; 98% hype, hysterics and emotion and 2% rational management.  Either the 30 year yield is going to do something it has not done in decades (break and hold above the EMA 100) or it is not.  Simple. Continue reading "FOMC Minutes… Head for the Hills!!!"

Poll: Would you watch a cable news channel by Al Jazeera?

What do you think when you hear the name Al Jazeera? Well, it is a reality Al Jazeera is starting a broadcast news cable channel in the United States all thanks to Al Gore.

Personally, I seem to link the name Al Jazeera with the Muslim brotherhood, Al Qaeda, and a part of the world removed from America. AT&T is being taken to court by Al Jazeera, as they are refusing to carry the Al Jazeera broadcast signal.

Al Jazeera was made possible by Al Gore, who sold them his money-losing cable company for half a billion dollars. This sale, along with some other investments made by Mr. Gore, have given him a bigger net worth than Mitt Romney. By selling his failing cable company to Al Jazeera, as apparently nobody else would buy it, it gave Al Jazeera access to 90 million homes in America.

Here is today's question...

Would you watch the Al Jazeera channel?

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Thank you for participating in our survey and feel free to voice your opinion and leave us a comment.

Every Success,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Know the Zone & Improve Your Gap Trading

By: Scott Andrews of Master the Gap

I am a gap trader.  Specifically, I 'fade' the opening gap (i.e. go short when the gap is up or long when the gap is down). My first research breakthrough many years ago was in recognizing that gap selection was the “door” to making profits and the “key” to that door was to focus on the location of the opening price.

Using the prior day's direction (up or down) and the open, high, low, and closing prices, I created ten “zones” and each provides tremendous insight into the probability of a gap filling or not. Click here to view my Gap Zone Map with historical odds for the S&P 500.  My selection strategy has evolved over the years to include market conditions, patterns and seasonality, but zones remain the foundation of my gap fade selection criteria.

So why do opening zones work? They inherently incorporate : Continue reading "Know the Zone & Improve Your Gap Trading"

Did You Miss Adam On CNBC's Street Signs Today? (Updated With Video)

Watch Adam Hewison today, live at 2PM EDT, as he appears on CNBC's Street Signs with Brian Sullivan and Mandy Drury. Adam will discuss his hot retail sector analysis, particularly the direction of JC Penny (NYSE_JCP), Best Buy (NYSE_BBY), and Home Depot (NYSE_HD).

Poll: Where's the market heading this week?

For the fourth day in a row the markets closed on a down day. Is this the start to another down week? After last week, which was the worst week in 14 weeks, we want to know....

Will the market finish up or down this week?

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As always, please leave a comment with your answer. We would love to hear your thoughts on the subject.

Every Success,
The INO.com Team