Category: General

Investors look to Fed for further clues on rates

Posted on by The INO.com Team

When the Federal Reserve offers its latest word on interest rates this week, few think it will telegraph the one thing investors have been most eager to know: When it will slow its bond purchases, which have kept long-term borrowing rates low.

The Fed might choose to clarify a separate issue: When it may raise its key short-term rate. The Fed has kept that rate near zero since 2008. It's said it plans to keep it there at least as long as unemployment remains above 6.5 percent and the inflation outlook below 2.5 percent.

Unemployment is now 7.6 percent; the inflation rate is roughly 1 percent. Continue reading "Investors look to Fed for further clues on rates" →

Option Trade of The Week

Posted on by admin

Watch CEO of Acorn Wealth, John Seville, as he showcases one of his most exciting and profitable strategies finding unique Option setups in earnings season! Watch as he discusses his company's specially designed scan to locate and trade earnings announcements for some very impressive returns last week.

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John has invited all INO readers to enjoy 7 days of complimentary, unlimited access to Acorn's Premium Gold membership service. Experience professional trading at its best as you join Acorns live trading room where head coaches John Seville and Strath Curtis break down the markets at the end of the trading day by reviewing watch lists and scanning for opportunities for the next day. Attendees also can join in on an interactive Q&A At the end. Click here for exclusive access.

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 July 29th through August 2nd

Fasten your seat belts traders, for this upcoming week is about as full as can be with data in the US and across the pond. We begin the week with Pending Home Sales in the US and tonight Japan will report Industrial Production figures. Tuesday provides German CPI and Consumer Confidence number in the US. Traders will have to be up early to see what will likely be more disappointing unemployment figures in Europe, followed by the ADP Employment Report and the US GDP before the opening bell. A few hours after stocks open, we should breeze through the Chicago PMI report in anticipation of this month’s FOMC announcement and Interest Rate Decision where the FED is not expected to make any policy changes. Early on Thursday morning, we hear from the BOE and the ECB regarding their Interest Rates, followed by Weekly Jobless Claims in America, and finally ISM figures after the open. To close out the week, we will see Non Farm Payrolls followed by a speech from a FED Member. And try not to forget that we are still reporting earnings in the United States! Continue reading "Gold Chart of The Week" →

Hand Off to a New Fed Chair is Well Timed

Posted on by The INO.com Team

It is as notable as a 2nd term president handing off the big problems to the next guy, as George Bush did with Barack Obama in 2008; the changing of the guard at the Fed, that is.

Alan Greenspan oversaw the making of a stock bubble in the final phase of the great bull market ended in 2000.  He then instigated a credit bubble, which launched a housing bubble, made the credit hopped consumer feel wealthy and oh yes, built unsustainable distortions into the system through diced and sliced debt derivative vehicles of all kinds.

Then in 2006 he deftly made the hand off to Ben Bernanke.  Bernanke then dealt with the Maestro’s second aftermath as it began cropping up in 2007 and now, nearly 4.5 years into a cyclical bull market that has another 6 months or so to run if it is to match the two previous cycles (not a given), it is time once again for a hand off. Continue reading "Hand Off to a New Fed Chair is Well Timed" →

Despite Declining Deficit, Foreigners Aren’t Bailing Us Out, So the Fed Will Keep QE Going

Posted on by admin

By Bud Conrad, Chief Economist

The basic imbalance driving our economy is the government deficit, which spun out of control as a result of the Credit Crisis of 2008/9. But the sequester, improving tax base, lower interest rate, and elimination of stimulus spending have caused the big government deficit, while still extreme, to drop to half its previously nosebleed levels. Continue reading "Despite Declining Deficit, Foreigners Aren’t Bailing Us Out, So the Fed Will Keep QE Going" →