Daily Video Update: Who wants to buy a home?

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 19th of September.

The housing data released Wednesday morning showed an improving real-estate market. Construction of new U.S. homes rose 2.3% in August. Sales of previously occupied homes rose 7.8% in August from July to a seasonally adjusted annual rate of 4.82 million, the National Association of Realtors said Wednesday. That's the highest level since May 2010, when sales were aided by a federal home-buying tax credit.

Crude Oil on the other hand is down $3 a barrel today on rising inventories. Did MarketClub's Trade Triangles get you on the right side of this move? We'll take a look.

Now, let’s go to the charts and our Trade Triangles and see what’s happening. Click Here to view today's video

Every Success,
Jeremy Lutz

Housing figures shore up markets

Posted on by The INO.com Team

Strong U.S. housing figures helped stocks remain in positive territory on Wednesday after an earlier bout of optimism in the wake of further stimulus measures from the Bank of Japan ran out of steam.

The market mood picked up after the National Association of Realtors revealed that sales of previously occupied homes jumped in August to the highest level in more than two years. Sales were up 7.8 percent at a seasonally adjusted annual rate of 4.82 million, the most since May 2010, when sales were fueled by a federal home-buying tax credit.

The existing home sales figures came hot on the heels of fairly solid housing starts figures for August and fueled hopes that the U.S. housing market is on the mend. A more robust U.S. housing market is considered a key requisite for the economy to rebound. Continue reading "Housing figures shore up markets" →

Legalized Plunder

Posted on by The INO.com Team

“Legalized Plunder – Why we have all been had, fooled and deceived…. and the surprising reason we keep asking for more of the same bad medicine”

Author G Edward Griffin was pilloried from all sides when his book The Creature from Jekyll Island was first published in 1994.

18 years later, when prediction after prediction has come true, and Griffins claim that we are in the middle of enormous changes to society that will affect your lifestyle, your livelihood and your financial wellbeing are playing out every day, people are taking notice.

Last week in his candid video interview with Caseys Research’s Louis James. Griffin talked about the book, his thoughts on the ominous slide towards a totalitarian state and where he feels we are heading. From here on in. Continue reading "Legalized Plunder" →

Most active New York Stock Exchange-traded stocks

Posted on by The INO.com Team

I thought I would share this cool list that the AP puts out every day. I find it to be a useful tool - Jeremy

(AP:NEW YORK) A look at New York Stock Exchange 10 most-active stocks at the close of trading:

Advanced Micro Devices Inc. fell 9.7 percent to $3.62 with 79,444,500 shares traded.

American International Group fell 1.0 percent to $34.40 with 24,988,300 shares traded.

Bank of America Corp. fell .8 percent to $9.23 with 145,339,200 shares traded. Continue reading "Most active New York Stock Exchange-traded stocks" →

Daily Video Update: Uncertainty is the theme for the day

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Monday, the 17th of September.

While some traders are taking profits from the recent gains, others are looking to hold positions to maximize future returns.

This is leading to uncertainty about the near-term outlook for the markets following its recent strength. This begs the question... is the rally over?

Now, let’s go to the charts and our Trade Triangles and see what’s happening.

Every Success,
Jeremy Lutz

Click Here to view today's video