Chart to Watch - ALXN

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 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 Alexion Pharmaceuticals, Inc. (ALXN).

I hope you are having a GREAT Holiday week !

This week let's take a look at ALXN which could possibly be putting in a Head and Shoulders top.

ALXN slammed down off the high which put in a red monthly MarketClub Trade Triangle.

Since the low made in November 2012, ALXN has made a weak counter trend rally which has put in a green weekly MarketClub Trade Triangle. Continue reading "Chart to Watch - ALXN"

Weekly Futures Recap with Mike Seery

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.

Precious Metal Prices--- The precious metals this week were relatively quiet due to the fact that the fiscal cliff announcement comes out in just a couple of days keeping gold below its 20 and 100 day moving average right near a 4 month low trading right around 1, 655 down around $5 dollars for the week as traders are unwilling to stick their neck out before the December 31st fiscal cliff announcement while silver futures are still trading below their 20 and 100 day moving average down around 20 cents for the week as well with major support at 29.70 right near a 4 month low with traders being very cautious going into the holiday weekend. Copper futures were Continue reading "Weekly Futures Recap with Mike Seery"

Why TIPS Won't Protect You from Inflation... and Other Government Lies

If the "World Snake Oil Salesperson Society" had a hall of fame, good old Uncle Sam would be a charter member. When it comes to smooth-talking folks into buying debt instruments, he's the slickest around.

And Treasury Inflation-Protected Securities (TIPS) are one of his slickest gimmicks.

Here's how the federal government describes TIPS:

Treasury Inflation-Protected Securities (TIPS) are marketable securities whose principal is adjusted by changes in the Consumer Price Index. With inflation (a rise in the index), the principal increases. With deflation (a drop in the index), the principal decreases. Continue reading "Why TIPS Won't Protect You from Inflation... and Other Government Lies"

Leonard Melman Finds the Fiscal Cliff a Boon for Precious Metals

The Gold Report: Leonard, what are the most pressing issues facing investors today?

Leonard Melman: Let's start with the fiscal cliff. If America falls into this abyss, the combination of tax increases and spending reductions will slow down economic growth. Interestingly, political leaders in Europe are calling for increasing taxes and decreasing spending in order to solve their problems. I find it amusing that the solution to economic problems being proposed by leaders on the European side of the Atlantic is thought to be the problem on the American side of the Atlantic.

TGR: How do you account for the disconnect?

LM: It is due to a philosophical inconsistency and a lack of economic understanding on the part of the world's political leaders, most of whom are not well qualified as economic thinkers, nor as philosophers for that matter.

TGR: How important is a philosophical stance to making a cogent economic analysis? Continue reading "Leonard Melman Finds the Fiscal Cliff a Boon for Precious Metals"

Doug Casey on the Morality of Money

Editor's note: Doug Casey is known around the world for many very good reasons. Among investors, he's well known for being a very successful speculator and author. More broadly, his unwavering support of human liberty and his criticism of institutions based on coercion as well as those who support them have made Doug a hero to many... and perhaps public enemy number one to some of those whom he criticizes.

Whether one agrees with him or not, Doug almost always has a singular take on issues and ideas, making his essays and talks highly stimulating. As we approach the end of the year – a time when people often reflect on their progress or lack thereof over the past year across all areas of life – this February 2011 interview of Doug Casey by Louis James on the morality of money seems especially trenchant. We hope it helps you reflect on your relationship with money and investing, and brings a renewed sense of clarity and purpose to your financial activities in 2013. Continue reading "Doug Casey on the Morality of Money"