Daily Update: FED showdown at 2:15 today and it looks like Knight Capital pushed the wrong button!

Posted on by The INO.com Team

Tune in tonight for the video presentation on MarketClub TV.

Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 1st of August.

Happy first of August. We start off the new month with a potential game changer and a potential bang from the Fed today at 2:15. By the time you're reading this report, news will probably be out. I am not sure much is going to happen as the markets are fairly high considering what's going on in the rest of the world.

Pandemonium hit the floor the New York Stock Exchange first thing this morning as it would appear as though volume just jumped off the charts. For example, Molycorp was shown trading more than 5.7 million shares in the first 45 minutes of trading. That stock usually averages about 2.6 million shares daily. Did someone press the wrong button at Knight Capital? Continue reading "Daily Update: FED showdown at 2:15 today and it looks like Knight Capital pushed the wrong button!" →

Stocks Turn Mixed Ahead Of Announcement From The Fed

Posted on by The INO.com Team

(RTTNews) - With traders waiting on the Federal Reserve's monetary policy announcement, stocks are turning in a lackluster performance during trading on Wednesday. The markets have turned mixed on the day after failing to sustain an initial upward move.

The major averages have moved roughly sideways in recent trading, stuck on opposite sides of the unchanged line. While the Nasdaq is down 4.82 points or 0.2 percent at 2,934.70, the Dow is up 34.02 points or 0.3 percent at 13,042.70 and the S&P 500 is up 2.80 points or 0.2 percent at 1,382.12. Continue reading "Stocks Turn Mixed Ahead Of Announcement From The Fed" →

Oil prices rise on surprise supply drop

Posted on by The INO.com Team

(AP:NEW YORK) The price of oil is climbing after the government said supplies have dropped more than analysts expected.

Benchmark U.S. crude rose 76 cents to $88.82 per barrel in New York on Wednesday, while Brent crude added $1.11 to $106.03 per barrel in London.

Prices rose after the Energy Information Administration said U.S. oil stockpiles Continue reading "Oil prices rise on surprise supply drop" →

Precious Metals Commentary

Posted on by The INO.com Team

October gold was slightly higher overnight as it consolidates some of Tuesday's decline. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 1644.00 would confirm an upside breakout of this summer's trading range while opening the door for additional gains into early August. Continue reading "Precious Metals Commentary" →

Seller's Remorse: The Curse of The Cash Sale

Posted on by The INO.com Team

By: Brian Cullen

Let’s talk about a phrase we like to call Seller’s Remorse. You may be asking, “What is it and how does it happen?” We will answer that question in greater depth later on, but it is more important to know how it can be avoided! Seller’s Remorse is the feeling you get after making a decision on a cash sale that you’d like to have taken back.

When only selling cash grain two scenarios exist; you are either selling TOO early or holding TOO long. Let’s look at these 2 scenarios when dealing with ONLY CASH SALES. Continue reading "Seller's Remorse: The Curse of The Cash Sale" →