Gold Chart of The Week

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (March 11th through March 15th)

Will there be a follow through bid up in the US stock indexes this week? That is the million dollar question while Metals remain choppy.

I believe that there is still a bit of upside left in the markets, but not much. If you look back at the reported earnings over the last few weeks, we have seen some fairly good numbers. Many companies have reported better than expected figures, which have given investors a reason to be bullish stocks. The chart pattern shows that investors were waiting for any pullback to buy stocks, and many were ok with buying new highs. It doesn’t get much more bullish than that. Continue reading "Gold Chart of The Week" →

Today's Video Newsletter: Problems in Europe Again?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 11th of March.

PROBLEMS IN EUROPE RAISE THE SPECTER OF GLOBAL UNCERTAINTY
Riots in Spain over the weekend led to general uncertainty in Europe. With its 26% unemployment rate, Spain is facing political and citizen unrest which could be a major problem for the rest of Europe.

If the problems in Spain were not bad enough, Fitch came out on Friday and downgraded the debt for Italy to BBB with a negative outlook. The downgrade reflects inconclusive election results for that country in February, which has led to a political vacuum. We are certainly concerned about Italy as it is third in line behind the US as the most indebted country in the world. If Italy were to see its borrowing costs increase significantly, it could spiral out of control and have a domino effect that would be felt across all the world's equity markets. Continue reading "Today's Video Newsletter: Problems in Europe Again?" →

U.S. citing security to censor more public records

Posted on by The INO.com Team

The U.S. government, led by the Pentagon and CIA, censored or withheld for reasons of national security the files that the public requested last year under the Freedom of Information Act more often than at any time since President Barack Obama took office, according to a new analysis by The Associated Press.

Overall, the Obama administration last year answered its highest number of requests so far for copies of government documents, emails, photographs and more, and it slightly reduced its backlog of requests from previous years. But it more often cited legal provisions allowing the government to keep records or parts of its records secret, especially a rule intended to protect national security.

The AP's analysis showed the government released all or portions of the information that citizens, journalists, businesses and others sought at about the same rate as the previous three years. It turned over all or parts of the records in about 65 percent of requests. It fully rejected more than one-third of requests, a slight increase over 2011, including cases when it couldn't find records, a person refused to pay for copies or the request was determined to be improper. Continue reading "U.S. citing security to censor more public records" →

Why Apple Should Follow IBM's Successful Turnaround Story

Posted on by admin

In recent months, Apple's (Nasdaq: AAPL) CEO Tim Cook has repeatedly stressed that the company still has a number of aces up its sleeve. Cook has dropped coy hints that bold new products are in the pipeline, so Apple could still surprise investors with better-than-expected growth.

But even if Cook is right and Apple is on the cusp of an impressive product release cycle, then he's wrong on one key point: Apple will never again be a great growth story it once was.

The company's annual revenue base is fast-approaching the $200 billion mark, so even if the company is layered in tens of billions of dollars in new revenue, that would only offset some of the revenue declines the Apple will experience from maturing key products and competitive pressure, which could lead to more price cuts.

Make no mistake, it is Cook's job to focus on product development and technology leadership. But Apple's board of directors now has a completely different task: Boost a stock price that remains in a free fall. Continue reading "Why Apple Should Follow IBM's Successful Turnaround Story" →

Traders Whiteboard Lesson 6

Posted on by The INO.com Team

In today's trading lesson, the sixth in the "TRADERS WHITEBOARD" series, we will be looking at what I call the "irrefutable laws of the marketplace." I consider this lesson to be one of the most important, as it effects all markets.

We only have to look at the recent history of Apple or Netflix to see how these "irrefutable laws" work in the marketplace. After watching this video, you will understand how sentiment can dramatically change in an instant and come away with a greater understanding of why Apple and Netflix had such dramatic moves.

This is the essence of how all the markets move and important for you to learn, so you will know what to do next time.

Watch Traders Whiteboard Lesson 6 Here.

Enjoy today's lesson,
Adam