Category: General

HUI-Gold Ratio; 3 Views, 1 Conclusion

Posted on by The INO.com Team

Here is a little snippet from NFTRH 213 that showed the important indicator of gold sector health, the HUI-Gold Ratio (HGR) from three different views; daily, weekly and monthly.  As you can see, daily must hold to keep the weekly intact, which in turn must hold to keep the monthly big picture of the secular bull (for the HUI, not this sad looking ratio) intact.

This is a difficult sector to own and indeed these charts say it is best to trade the stocks regardless of what one does or does not do with the bullion.  But the conclusion is that until the HGR breaks down to a lower low, the current situation is viewed as a buying opportunity.  On the other hand, HGR will serve as a handy risk management indicator if it should unexpectedly collapse.  From #213: Continue reading "HUI-Gold Ratio; 3 Views, 1 Conclusion" →

Fibonacci Tips For E-mini Futures Trading - Part Two

Posted on by The INO.com Team

FIB TIPS AND OTHER HEAD TRIPS

As traders, we are quick to put on mental shackles. Bind ourselves to a way of thinking that lives somewhere between no-sense and nonsense. No trader makes it through unscathed. We all get a little taste of the snake oil in one form or another. However, if you are going to succeed in building your trading business, you must learn how to trade. Interestingly enough, the most powerful tools available in today’s hi-tech trading arena, in my opinion, aren’t the new ones; it’s the tools that are steeped in a rich history, the ancient of days.

  • Candlestick Signals - 400 years old
  • Fibonacci Sequence - Created “In the beginning” discovered by man recently in 1202

In our previous article, Fibonacci Tips For E-mini Futures Trading, we covered the basics of Fibonacci Retracements in the context of an uptrend. In this article, we will use the same concept and approach, but we will simply apply them in the context of a down trend. This is a large part of why Day trading E-mini Futures is so attractive. Unlike investing in a company where you often wait weeks, months, or even years for the stock to appreciate, E-mini Futures’ profit opportunities are as readily available in a downtrend as they are in an uptrend. Continue reading "Fibonacci Tips For E-mini Futures Trading - Part Two" →

Guess Who's Cashing in on Obama

Posted on by The INO.com Team

That whistling sound every investor heard on Wednesday morning was the sound of stocks in freefall after the Obama election victory.

Losers weren’t hard to find. Share prices were falling hard among Wall Street’s canyons as financial companies took a swan dive.

Yahoo Finance

Morgan Stanley took the biggest hit with a loss of 8%. Bank of America was off more than 6%, and JPM Morgan came in at the top of the heap with a 5% decline.

Obviously investors and financial giants fear a major regulatory crackdown from the Obama White House. Continue reading "Guess Who's Cashing in on Obama" →

Stocks open lower; HP takes a big hit

Posted on by The INO.com Team

Stocks sank early Tuesday on Wall Street. Hewlett-Packard stock suffered a big decline after its executives said that a company HP bought for $10 billion last year lied about its finances.

The Dow Jones industrial average was down 54 points to 12,741 just after the opening bell. HP, one of the 30 stocks that make up the Dow, declined $1.87, or 14 percent, to $11.43.

Hewlett-Packard CEO Meg Whitman said that there were "serious accounting improprities, disclosure failures and outright misrepresentations" at the company, Autonomy, which makes search engines. She stopped short of alleging fraud.

HP took an $8.8 billion charge in its latest quarter to bring the accounting value of Autonomy in line with its real value. Continue reading "Stocks open lower; HP takes a big hit" →

Three Points a Jurisdiction Must Meet Before You Invest: Charlie Brookes

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The Gold Report: What approach has Praetorian Resources Ltd. (PRAE:LSE) taken toward resource equities at this point?

Charlie Brooks: Praetorian Resources is focusing its attention on scalable and quality assets run by experienced management teams and wherever possible is trying to reduce its exposure to high levels of financing risk.

TGR: Can you explain what Praetorian is?

CB: Praetorian Resources operates exactly like a fund but is actually structured as an investment holding company. We hold 15 investments at the moment, a variety of junior resource companies. Polar Star Mining Corp. (PSR:TSX.V) and Maya Gold Silver Inc. (MYA:TSX.V) are significant investments for us. We also like A-Cap Resources Ltd. (ACB:ASX), which is a Botswana coal and uranium company.

TGR: Why does Praetorian have two tickers on the website? Continue reading "Three Points a Jurisdiction Must Meet Before You Invest: Charlie Brookes" →