Category: General

Reviewing the Macro 'Play'

Posted on by The INO.com Team

There are signs in the recent jobs and ISM reports that the previously inflated economy is decelerating. Late last week, the clown running JP Morgan said stupid things about the smart [read: talented] people he has running his high risk trading operations. Europe is of course front and center as it continues to fall apart, with Gilts and Bunds rising on ‘safe haven’ buying and the bonds (debt) of Greece and other Euro basket cases declining toward their value, which is less than zero.

The precious metals appear to be watching for signs of outwardly promoted QE policy. But NFTRH has remained cautious on the timing of this pending a crack in the US stock market, so let’s review the big index. Continue reading "Reviewing the Macro 'Play'" →

Stocks Fall Sharply Amid Worries About Troubles Overseas

Posted on by The INO.com Team

(RTTNews) - Stocks saw considerable weakness during trading on Monday, as traders expressed continued concerns about the latest developments overseas. The losses on the day extended a recent downward for the markets, which have trended lower for most of May.

After falling sharply at the open, the major averages staged a recovery in mid-day trading but moved back to the downside going into the close. The Dow fell 125.25 points or 1 percent to 12,695.35, the Nasdaq dropped 31.24 points or 1.1 percent to 2,902.58 and the S&P 500 slid 15.04 points or 1.1 percent to 1,338.35. Continue reading "Stocks Fall Sharply Amid Worries About Troubles Overseas" →

Gold & Gold Miners are closing in on a major bottom

Posted on by The INO.com Team

“You can’t understand what lays ahead if you don’t understand the past”

            ~  Satellite,  Rise Against  ~

Members of my service as well as long time readers know that I do a lot of analysis based on the past. I am constantly looking at long-term historical price charts and data. As a trader, I am always looking for an edge.

Obviously the keys to long-term success involve proper position sizing, risk management mechanisms, and ultimately leveraging probability. Professional traders are masters of these tenets. These characteristics are what separate successful traders from average traders over the long haul.

Sometimes through my rigorous analysis I come across price charts and oscillators that help put together a picture that helps shape my view of the marketplace. The past few months have been some of the most difficult market conditions that I have seen in some time. Continue reading "Gold & Gold Miners are closing in on a major bottom" →

World stocks drop as worries over Greece intensify

Posted on by The INO.com Team

By COLLEEN BARRY
AP Business Writer

(AP:MILAN) World stock markets dropped Monday as worries intensified over the condition of the eurozone and whether Greece is edging towards leaving the single currency union.

In Athens, Greek party leaders were scheduled to resume talks aimed at forming a government. But as the political wrangling dragged into its second week, markets contemplated the threat that the crisis-stricken country would not meet the terms of its bailout and drop out of the currency club. Continue reading "World stocks drop as worries over Greece intensify" →

Weekly Futures Wrap Up w/Michael Seery

Posted on by The INO.com Team

We’ve asked Michael Seery of SEERYFUTURES.COM an IB of Peregrine Finanial Group 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 Busines, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Precious Metal Futures--- The precious metals this morning were severely pressured by lower stock and commodity prices around the world this week with gold futures leading the way down another $7 dollars an ounce currently trading at 1, 588 down over $60 this week hitting a new five month low with the next major support at 1,528 and if that level is broken you could possibly see gold go all the way back down to the low 1400’s while silver futures started the week at 30.43 down nearly 1.40 for the trading week and trading  down 30 cents at 28.90 with the next major support all the way down to 26.50 which is still over $2 dollars away also hitting a new five month low. As I've been stated in previous blogs am very bearish the commodity sector due to the fact that demand Continue reading "Weekly Futures Wrap Up w/Michael Seery" →