Daily Video Update: Mr. Reality comes a calling on the markets

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 10th of August.

Yesterday we talked about how markets sometimes go from reality to fantasy, and clearly today's news from China was more a reality check for the markets. Logically, you cannot have a recession in Europe and the US economy barely limping along and have Chinese exports jump off the charts.

Europe and the United States are the principal customers for China to sell its goods. If Europe and the US are not buying because of economic conditions, how can China keep growing its economy at a record pace?

Today could mark the start of a reality check for the markets. How the markets close today will give us more clues as to whether or not the market is putting in a top or biding its time to move higher.

How the major markets closed last Friday: S&P 500 - $1,390.99, DOW - $13,906.17, NASDAQ - $2,967.15. Should we close below these levels today, we believe that the market could once again reflect reality and head lower.

We will also examine in detail how our Trade Triangles handled the moves in Research in Motion (RIMM) and J.C. Penny (JCP). Both of these stocks are on the move today for different reasons.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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Deflation: As Good As Gold?

Posted on by The INO.com Team

By Gary Tanashian

It has been a year since gold began its downward biased consolidation out of the acute phase of the Euro meltdown and resulting hysteria.  In that time, the deflation case was released from the jail that had been a heightened public fear of inflation (the pinnacle of which was in spring of 2011, a time when bond king Bill Gross was very famously short long-term US Treasury bonds). Continue reading "Deflation: As Good As Gold?" →

WASDE Special Report

Posted on by The INO.com Team

By: Craig Turner

The USDA will release the August WASDE tomorrow at 7:30 AM CDT. We are expecting cuts in yield and production for Corn and Soybeans. We are also expecting draws on the global wheat supply.

While many analysts are expecting the USDA to cut yields, production and stocks in this WASDE report, prices will not automatically rally. The market has already priced in the expectations of production cuts. Therefore, it is very important to know the market expectations for the report tomorrow. If the cuts are greater than what the market expects, prices should rally. If cuts are less than what the market expects, prices should decline. If the report comes in as expected, the WASDE could be a non-event in the Grain Markets. Continue reading "WASDE Special Report" →

Daily Video Update: Is the market immune to world angst?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 9th of August.

Should the equity markets close higher today, and I emphasize "should", that would mark the fifth day in a row the markets have closed on an up note. The last time that happened was over five months ago in early March of this year. It's a pretty rare occurrence when you see a market do this. I am sure a lot of the bears are perplexed as to why the market is not tanking given all the problems of a slowing world economy. The latest bad news report was out of China this morning, it showed that factory output had slowed in July to the weakest level in over three years and this was below what most analysts had been looking for.

Like life, there is reality and there is fantasy, and right now the market chooses to be optimistic, hoping for that ever elusive stimulus program that may never occur or it may occur sooner than we expect. One never knows for sure and it is this uncertainty that is driving the market.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

Could Gold Be Tripped Up by a Coming Deflation?

Posted on by The INO.com Team

Interview with Jim Puplava, by Jeff Clark, Casey Research

Jim Puplava has robust convictions….

The CEO of Financial Sense News Hour, Jim is a man you should listen to carefully if gold factors in your portfolio or if you are thinking about adding gold anytime soon.

In this interview, Jim talks about how the dollar affects gold prices. Continue reading "Could Gold Be Tripped Up by a Coming Deflation?" →