Trading Videos Archives - Page 65 of 403

DOW Hits Record High

Posted on August 1, 2017August 5, 2017 by The INO.com Team

Hello traders everywhere. Hello Traders everywhere. The DOW is trading at all-time highs today and is within reach of 22,000. On the flip side, the U.S. Dollar Index continues to head lower after posting a fifth straight monthly loss in July. This is partly due to a manufacturing report that showed that last month fell short of expectations and data showed Americans' spending barely grew in June.

The yield on the 10-year Treasury notes slipped to 2.26% while crude oil retreated after topping $50 a barrel.

Key levels to watch this week: Continue reading "DOW Hits Record High" →

Markets Dragged Lower By Amazon

Posted on July 28, 2017 by The INO.com Team

Hello traders everywhere. Amazon.com Inc (NASDAQ:AMZN) shares fell a little over 2% after it reported a 77% drop in profit as its rapid and costly expansion into new shopping categories and countries shows no sign of slowing. Amazon is the worst performer on the NASDAQ and the second biggest drag on the S&P 500 today, pulling down both indexes today.

In economic news, U.S. economic growth for the second quarter came in-line with expectations, the Commerce Department said Friday. The U.S. economy grew at an annualized rate of 2.%, matching estimates.

Key levels to watch next week: Continue reading "Markets Dragged Lower By Amazon" →

The Fed, Facebook and Record Highs

Posted on July 26, 2017 by The INO.com Team

Hello traders everywhere. Strong quarterly earnings have propelled the DOW, S&P 500 and NASDAQ to record highs today. Just to give you an idea of how great earnings season has been so far. 34% of the S&P 500 components have reported as of today, and 78% of them have beaten expectations on the bottom line, and 73% have topped on sales, according to data from The Earnings Scout. I'd say that's pretty impressive.

The Federal Reserve will release its FOMC meeting minutes today at 2 pm, and it is widely expected to keep monetary policy unchanged, but investors will look for clues about the central bank's next move.

Facebook Inc (NASDAQ:FB) is set to report earnings after the close today. Wall Street expects Facebook to report second-quarter profits of $1.13 per share, based on the average estimate of 35 analysts who rate its stock. That's up from 97 cents per share a year earlier with revenue rising to $9.2 billion, a jump of 43% year-over-year. According to most estimates.

Key levels to watch next week: Continue reading "The Fed, Facebook and Record Highs" →

Weekly Futures Recap With Mike Seery

Posted on July 22, 2017July 21, 2017 by The INO.com Team

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.

U.S. Dollar Futures

The U.S. dollar in the September contract settled last Friday at 94.93 while currently trading at 93.77 down about 115 points for the trading week continuing its bearish momentum hitting and 11 month low. I'm currently not involved in this market, but I do think prices are heading out towards the 90/92 level in the coming weeks as the bearish momentum is getting stronger on a weekly basis. The Dollar index traded as high as 102 in the month of March as low-interest rates in the United States continues to push this market lower. If you are short a futures contract place the stop loss above the 10-day high which stands at 95.96 as the chart structure will start to improve in next week's trade, therefore, lowering the monetary risk. The currency market is one of the trendiest markets as picking a bottom, or a top is extremely dangerous as some of these trends can last for long periods of time just like this one has in 2017. I'm certainly not recommending any type of bullish position that would be very dangerous as this market is trading far under its 20 and 100-day moving average telling you that this trend is the downside so if you are short stay short as you're on the right side in my opinion.
TREND: LOWER
CHART STRUCTURE: IMPROVING
Continue reading "Weekly Futures Recap With Mike Seery" →

Market Ends On A Weak Note

Posted on July 21, 2017July 21, 2017 by The INO.com Team

Hello traders everywhere. The indexes are ending the week on a soft note after reaching records highs earlier in the week. This is primarily due to General Electric Company (NYSE:GE) falling more than 4% to a 19-month low.

Meanwhile, the euro climbed to its strongest level against the dollar since January of 2015 after ECB President Mario Draghi said that the ECB would discuss plans to unwind quantitative easing this fall.

Key levels to watch next week: Continue reading "Market Ends On A Weak Note" →

Category: Trading Videos