Category: General

Two Markets That We Must Look At Closely This Weekend

Posted on by The INO.com Team

Here are the two markets I am looking at:

1.Spot Gold - SYMBOL XAUUSDO  If spot gold closes over $989.85 it will be a new high close for the year on a weekly basis. I would take this as a very bullish sign for next week. (CONFIRMED)

2. Dollar Index - SYMBOL DX  The same goes for the dollar index. A close today (Friday) below 78.04 should be viewed as very negative for the US dollar.

Both markets are headed in opposite directions and both have very powerful chart formations. Look for gold to move higher, and the dollar index to move lower.

When most traders return next week from their summer hiatus and start viewing the markets more seriously, I expect these moves will begin to accelerate.

Enjoy this last hurrah of summer.

All the best,
Adam Hewison

GM's 200 MPG+ Fantasy...

Posted on by The INO.com Team

Everyone was shocked when GM took a gigantic government bailout. What was equally shocking to me was to see GM claim that in 2010, they would have a car capable of 230 mpg. Well, as we all know everything is not always as it seems. When I came across this article by Adrian Veidt, Senior Editor of Casey’s Extraordinary Technology I thought I would share it with you and get your take. The auto industry is changing, will GM be able to finally make the changes it needs to?

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A few weeks ago, Government Motors dropped a public relations bomb when new chief Fritz Henderson announced that the forthcoming Chevy Volt would get an astonishing 230 miles per gallon (that's 98 kilometers per liter, for our metric-system friends).

For those of you not yet familiar, the Volt is a plug-in hybrid car. The car runs primarily on electric power, with batteries charged overnight by simply plugging the car into an electrical outlet like a cell phone. Its gasoline engine is used only to charge the battery and supplement the power when the batteries run low. Continue reading "GM's 200 MPG+ Fantasy..." →

Speaking Like a Pro: Learn Forex Jargon

Posted on by The INO.com Team

As Forex trading becomes increasingly popular, more of your friends will expand their vocabulary...and you don't want to be left behind! Jason Fielder has laid it all out below and is willing/able to answer any of your other questions about Forex via the comment section. So try to stump him in the comments, and check out his Triad Formula if you're ready to take the next step in your Forex trading.

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One aspect of trading the Forex, or even talking to Forex traders, that can be really intimidating is that the Forex market has an awful lot of jargon. For those of us who have been trading for years, the jargon comes as second nature. If you’re just getting started, then it’s easy to see how intimidating that can be.

This article will set out to help you get started. There is a lot of Forex lingo, but at least now you’ll be able to jump into the game a little bit more after knowing these common Forex terms:

Continue reading "Speaking Like a Pro: Learn Forex Jargon" →

Chart Pattern Recognition a Third Grader Could Do

Posted on by The INO.com Team

Don't let the title fool you, chart pattern recognition is a difficult skill to learn, and even hard to master. Today's post comes to us from Amey from TheWildInvestor.com, and it's a good one! Please enjoy, comment, and enjoy the day.

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I like to keep things simple, and that definitely holds true in the world of stock trading, and since I am a pure technical analyst that makes the process even simpler. For the most part, I use screeners, such as the one inside MarketClub, to shift through possible stocks to play. Yeah, sure it works time from time, but even that is a little too much work for me. Luckily, I found a strategy that a third grader could even follow.

Continue reading "Chart Pattern Recognition a Third Grader Could Do" →

Trader's Blog Contest For September

Posted on by lindsay

“Do you think that a 2nd term for Bernanke is the best move for the country?”

Bernanke's term is set to expire on January 31, 2010, however Obama has reappointed Bernanke for a second term. Is this the right move for the United States of America? Just leave a comment stating if you think a 2nd Bernanke term is the right move or not. Feel free to simply leave yes or no in the comment area of this post, or leave a detailed comment, but remember - no profanity or hate words. ONE-COMMENT PER PERSON OR YOU WILL BE REMOVED FROM THE CONTEST.

Prize (as seen in the picture)

Winner will receive...

MarketClub Hat, MarketClub Zip Drive & 1 Complimentary Month of MarketClub

*Shirt, nor Melissa is included in the gift pack.

How To Enter:

Comment on this post telling us your thoughts about Burnanke's reappointment. Add a little bit of commentary or opinion if you would like to... just keep it clean and remember that there is only one entry per person.

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Rules

1. This contest is open until 11:59 PM (Eastern) on September 30th, 2009.

2. No wrong answers. Any participation counts as an entry.

3. One entry per email address.

4. Winner will be picked by random integer software.

5. Winner will be contacted on Thursday, October 1st, 2009 via email.

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Good luck!