Category: General

Morituri te salutant = Those who are about to die, salute you

Posted on by The INO.com Team

I recently had the good fortune to travel to France with my wife on holiday. We both wanted to go to Provence which is an area in France that is steeped in history and Roman antiquities.

Okay I admit, we did eat some great food and how could we not drink the wine. What's that expression, "When in Rome … "? Also Provence is home to Châteauneuf du Pape, one of the worlds best known wine regions.

We traveled all over Provence taking in the sights, smells, and yes, our share of wine. It was during a visit to the small city of Arles that the immensity of the Roman Empire really struck me. It was there that I witnessed the awe of a true Roman amphitheater.

This brings me to the popular myth, "Morituri te salutant," known as the gladiators salute. This was what was supposedly said before every gladiatorial contest in Rome and cities like Arles before the gladiators went into combat. Now I ask you, is that something that you would say before going into hand-to-hand combat with an uncertain outcome? I can think of a great many things I would be say, but "Morituri te salutant" would not be one of them. Continue reading "Morituri te salutant = Those who are about to die, salute you" →

Can BP pull an Exxon?

Posted on by The INO.com Team

Unless you've been hiding in a cave somewhere, you know about the largest oil spill in U.S. history which was triggered when the Deepwater Horizon drilling rig suffered massive failure and subsequently sank, causing oil to begin gushing into the Gulf of Mexico.

Many of us also remember the Exxon-Valdez spill of 1989 which, until recently, was considered the worst in U.S. controlled waters and an environmental disaster. In the years since this tragedy in the remote waters off the Alaskan coast, Exxon has made a full recovery, including a 1999 merger with Mobil which made ExxonMobil one of the largest publicly traded companies in the last few years.

There are many differences between the Exxon spill and the recent BP spill, namely the proximity to the continental United States and its thriving coast along the Gulf of Mexico, so the question we pose to our Trader's Blog readers is, is it a great time to invest in BP stock and hold out for its recovery, or is a short position the only one to consider when talking about this market?

After you vote, be sure to tell us what you think in our comments section below.

It's Friday... Are you in or out?

Posted on by The INO.com Team

It's Friday* and a day when many traders are considering how to deal with their positions over the weekend. How comfortable or uncomfortable are you going home with a position? There are some strategies hinged on this notion, one of which we discussed in a very popular earlier video which you can click here to watch.

During the week you continually have rumors, reports, and market action as well as a host of other things that affect the market. I consider the close on Friday to be the most important close of the week. It provides invaluable insight into what is going on in the markets as well as an easy way to analyze the market.

This is what I do, I write down the previous Friday's close in the markets that I am interested in. For illustration purposes today I'm just going to include five markets. They are: S&P 500, Dow, NASDAQ, gold and crude oil.

Last week the closing numbers on Friday, June 4th were as follows: Continue reading "It's Friday... Are you in or out?" →

Dip in the dow? Euro dives? Gold leaps? You tell us.

Posted on by The INO.com Team

These days we're seeing a lot of high and low levels being met and surpassed across the marketplace. Today we've picked a few and want to know which of these market situations that you think could be possible this month.

Don't forget to let us know why you think they will - or won't - be happening in June or maybe at all.

Share your MarketClub Strategy

Posted on by The INO.com Team

Trader's Blog readers and viewers of Adam's trading videos are well aware of MarketClub's suggested strategy, but in March, I wrote a blog post asking members to tell us about their strategy and possibly share it via a MarketClub webinar. Since then, we've produced two popular webinars with two very different member strategies, but we need more - especially if you're a forex or long-term trader.

The concept is to have members who have established their own MarketClub approach and would be comfortable sharing, to participate in a webinar attended by other members and participants. Ideally, you would take us through a typical day of using the service. This is a very simple example, but an idea of what we're looking for: Continue reading "Share your MarketClub Strategy" →