Gold Chart of The Week

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 (January 14 through January 18)

Week two of 2013 is behind us and as we look ahead to week three, the US earnings reports are on the front burner. This week, a few major US banks and heavy hitters like General Electric and Intel will report earnings and share their thoughts on potential growth. The sentiment of major corporations in the United States will be key again this year as they contemplate investing funds that were sidelined last year, due to political and economic uncertainty. Stock indexes seem to be pricing in favorable news as they climbed above the prior chart highs from September. The tricky part of the first earnings report of this year is the fact that movement in either direction will have to consider the upcoming debate in Washington surrounding the second half of the Fiscal Cliff, and whether the government can find common ground on taxes and spending. Continue reading "Gold Chart of The Week"

Morning Energy Market Commentary

February crude oil was higher overnight as it extends the rally off December's low. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends the rally off December's low, October's high crossing at 94.87 then the 62% retracement level of the September-November decline crossing at 95.29 are the next upside targets. Closes below the 20-day moving average crossing at 91.26 are needed to confirm that a short-term top has been posted. First resistance is October's high crossing at 94.87. Second resistance is the 62% retracement level of the September-November decline crossing at 95.29. First support is the 10-day moving average crossing at 93.19. Second support is the 20-day moving average crossing at 91.26. Continue reading "Morning Energy Market Commentary"

How Should You Get Started?

How much gold is enough? How much should you allocate to dividend-paying stocks? How much should you hold in cash? How can you sort through the vast number of opportunities out there?

When it comes to building and managing your retirement portfolio, it's common to feel overwhelmed and just want to throw your hands in the air!

One of the biggest surprises since starting Miller's Money Forever is the kind of questions I've received from our readers. The vast majority are about the process behind selecting investments and building a balanced portfolio, and very few are about this or that stock.

Most readers understand that sitting on cash during times of inflation is a bad thing. At the same time, they are reluctant to invest in an uncertain market. Continue reading "How Should You Get Started?"

Weekly Futures Recap with Mike Seery

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.

Japanese Yen--- How much lower can the Japanese Yen go against the U.S Dollar? I keep talking about the Yen on several different occasions and I remain very bearish while it is trading far below its 20 and 100 day moving average down over 200 points last week and down 133 points this week creating another 2 ½ year low and this Friday afternoon down over 100 points again continuing the best down trend in the commodity markets in the last couple of months. The Yen is down for the 3rd consecutive trading session trading at 1.1213 continuing its steep decline in recent weeks and in my opinion I believe the Yen is headed down to the 105 level in the next couple of weeks due to the fact that the Japanese government is forcing the Yen lower against the U.S dollar trying to spur their exports and improve their economy by lowering the value of their currency hitting a fresh 2 1/2 year low once again today and I am still advising traders to be short the Japanese Yen. Remember when you trade commodities you will be wrong sometimes so you must put a stop loss and not marry your position because never getting out causes exaggerated monetary losses so always risk between 1-2% of your account balance on any given trade trying to minimize risk. TREND: LOWER–CHART STRUCTURE: EXCELLENT Continue reading "Weekly Futures Recap with Mike Seery"

New Video: Have you looked at MarketClub's Global Strategy portfolio lately?

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

You know sometimes we get so caught up with what's going on here in the US, that we fail to recognize trading opportunities overseas. Several years ago, we put together our Global Strategy portfolio, which can also be referred to as the BRIC plus A portfolio. This portfolio covers the following countries: Brazil, Russia, India, China and Australia.

Here are our current positions. The portfolio only trades in ETFs. Continue reading "New Video: Have you looked at MarketClub's Global Strategy portfolio lately?"