Daily Video Update: Black Monday or a Buying Opportunity?

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 23rd of July.

With all eyes on Spain and the dismal performance in Europe this morning, US equities are under heavy pressure. The question is, is this a buying opportunity? We don't think so. As we were saying all last week, the equity markets are coming off a cyclic high period and should be on the defensive for most of this week.

Many companies will be reporting earnings this week, including Apple and Facebook. Continue reading "Daily Video Update: Black Monday or a Buying Opportunity?" →

Morning Commentary for the Indexes

Posted on by The INO.com Team

The September NASDAQ 100 was sharply lower overnight over increased concerns that that Greece won't fulfill its bailout commitments and a Chinese policy maker warned of cooling growth. Stochastics and the RSI are diverging and are turning neutral to bearish hinting that a short-term top might be in or is near. If September extends the rally off June's low, the May 4th gap crossing at 2686.50 is the next upside target. Continue reading "Morning Commentary for the Indexes" →

Stocks May Move Sharply Lower Amid Renewed Europe Worries

Posted on by The INO.com Team

(RTTNews) - Stocks are likely to come under pressure in early trading on Monday amid renewed concerns about the financial situation in Europe. The major index futures are currently pointing to a sharply lower open for the markets, with the Dow futures down by 210 points.

The downward momentum for the markets comes as worries about the ongoing European debt crisis have resurfaced amid indications that Spain could require a full bailout. Continue reading "Stocks May Move Sharply Lower Amid Renewed Europe Worries" →

Profiting from Europe's New Gold Rush

Posted on by The INO.com Team

By Jeff Clark, Casey Research

Europe owns a sizable chunk of the world's natural resources.

Over the past few decades, however, EU countries have mostly imported their resources.

Outlandish? Maybe.

But it was simply easier, cheaper, and most importantly it avoided most environmental conflicts. Continue reading "Profiting from Europe's New Gold Rush" →

Friday Evening Commentary for the Indexes

Posted on by The INO.com Team

The September NASDAQ 100 closed sharply lower on Friday as it consolidated some of the rally off last week's low. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. Continue reading "Friday Evening Commentary for the Indexes" →