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 11-12 through 11-16

We begin this week in a light volume trade as the United States recognizes Veterans Day across the country. While the Gold Futures trade inside Fridays range, the market appears poised for higher prices this week.

After collapsing on the first and second day in November, the market has shown strength on a day to day basis. Fundamentally, all markets had to deal with a heated Presidential Election in the United States. The expectation was that a win by Barack Obama would help underpin Gold prices, as his policies would continue to give Ben Bernanke freedom to devalue the US Dollar through Quantitative Easing. Surprisingly, the US Dollar and Gold rallied side by side last week, which caught many traders off guard, but was welcomed by market bulls. This decoupling is not something that we see every day, which probably explains Gold’s cautious rally throughout last week’s trade. One can only wonder how high the price could have gone if the Dollar was down last week! Continue reading "Gold Chart of the Week" →

Catching 17 falling knives is not a smart idea!

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 12th of November.

Europe remains a mess and it would appear as though the availability to kick the can down the road is becoming more difficult for countries like Greece and Spain. With 17 nations comprising the Euro Zone, we think it's going to be very difficult to catch all of these "knives" (countries) when they start falling.

In the past four or five weeks we have seen the major equity markets all pullback, with the NASDAQ reaching a 61.8% Fibonacci correction level. The Dow and the S&P 500 have both corrected by 50%, also a Fibonacci number, and we would not be surprised to see a bounce from current levels. Normally when you see corrections of this magnitude to key Fibonacci levels, you get a counter-trend bounce.

The one thing I love about the markets, is that they really do tell a true picture of what's going on. That is why we, along with thousands of our MarketClub members around the world, are so confident that our Trade Triangle technology will keep us on the right side of the market. Continue reading "Catching 17 falling knives is not a smart idea!" →

A Tasty Dividend For The Hungry Investor

Posted on by The INO.com Team

Don’t let your mother or your wife see this latest stock tip. They might get jealous!

They might be great cooks, but seriously, you should take a good look at what’s cooking in the food industry. Especially if you’re a hungry investor.

Fatten Up On This

When it comes to my feature stock of the day, there’s more to it than a tasty dividend. But the dividend does provide a very healthy yield of 3.59%!

We’re also looking at a larder full of products and profits. Even if you think you don’t care for Chef Boyardee, Orville Redenbacher, Peter Pan, Marie Callender’s or Slim Jim, you have to like what ConAgra Foods is doing with its brands.

The company’s CEO, Gary Rodkin says ConAgra labels now appear in 97% of all American households. That’s an astonishing number!

But Rodkin isn’t done – far from it.
In the past, ConAgra’s strategy was to make giant acquisitions. Now he is still aiming at more acquisitions but he says he’s hunting for smaller targets that generate profits which appear almost immediately on the bottom line. Continue reading "A Tasty Dividend For The Hungry Investor" →

Are You a High-Stakes Speculator?

Posted on by The INO.com Team

I attended this year's New Orleans Investment Conference along with Doug Casey, Marin Katusa, and Casey Research's CEO, Olivier Garret. It was fun to see many old friends among the attendees and other speakers, but the most interesting thing was an experiment I conducted as part of my speech.

You see, there had been a talk earlier in the conference on picking "ten-baggers" (stocks that go up 1,000%). Now, there's nothing wrong with shooting for ten times your investment in a highly volatile stock. It's neither a crazy nor a hyped-up claim – we've had many ten-baggers in our portfolios, including Silver Wheaton (SLW) and First Majestic (AG). But it's not easy, and many of the nano-cap stocks that offer that sort of potential do the opposite and drop 90% – if not all the way to zero.

So I asked the audience to raise their hands if they wanted ten-baggers in their portfolios. About three-fourths of the audience put their hands up. I didn't take time to count the hands, but it was a lot of people – several hundred.

I then explained the realities involved: Continue reading "Are You a High-Stakes Speculator?" →