Weekly Futures Recap W/Michael Seery

We’ve asked Michael Seery of SEERYFUTURES.COM an IB of Peregrine Finanial Group to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Busines, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show Continue reading "Weekly Futures Recap W/Michael Seery"

Daily Video Update: Obama urges decisive action on European Debt Crisis … Europe Yawns

One thing that Europeans dislike intensely, is the United States telling them what to do. President Obama's comments today are not going to be taken well by Chancellor Angela Merkel or other politicians in the euro zone.

Several European countries have problems with other European countries and dislike being dictated too by Germany. They dislike it even more when any American President comes in and tries to lay down the law. There are no painless fixes for what has been going on for years. Continue reading "Daily Video Update: Obama urges decisive action on European Debt Crisis … Europe Yawns"

Cocoa and the Pound

By: Peter Mooses of RJO Futures

With possible signs of tightening in supplies out of West Africa we’ve seen cocoa rebound this week. July cocoa gave back some of its gains today though as we saw the British Pound take off. The Pound was up as we waited for news from the ECB. When news broke that the ECB left interest rates unchanged today for the sixth straight month the markets were given a lift. After May’s sell off in the Pound there is plenty of upside potential to get back up to April’s levels. Continue reading "Cocoa and the Pound"

Is the Table Set for a Mania in Precious Metals?

By Jeff Clark, Casey Research

It may feel like I'm out of touch with the precious metals markets to broach the subject of a mania today, but I think the table is being set now for a huge move into gold and silver.

There are, however, very valid reasons to reasonably expect a mania in our sector. For one thing, manias have occurred many times before, but the main issue is that a mania in gold and gold stocks is the likely result of the absolute balloon in government debt, deficit spending, and money printing. Continue reading "Is the Table Set for a Mania in Precious Metals?"

Chart To Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Australian Dollar/Canadian Dollar (AUDCAD).

It is interesting to see that classic chart patterns that were originally used in the stock market like the Head & Shoulders base,play out in all markets including Forex. Continue reading "Chart To Watch"