Truly Out Of This World Investing: Space ETFs

Posted on by Matt Thalman

In the 1960s, the so-called 'Space Race' was between the United States and Russia. Today we are once again in the midst of another space race. However, this time around, it's not two superpower countries battling it out; it's businessmen. In the 60's the battle for space was in most ways geared around bragging rights, military power, and nationalism. Today, it still is in many ways about bragging rights and as a way to make money. And let's be honest, the billionaires shouldn't be the only ones getting weather from this battle.

To many people, the current battle for space is still seen as a lot of science fiction. But, what a lot of these companies are doing today, could pave the way for the next generation's technological advancements. So, what is taking place just outside our atmosphere is really going to change the way we live, not in 20 or 30 years from now, but just a few years from now.

For example, Elon Musk's SpaceX company offers satellite internet service through its "Starlink" program. The Starlink program is an internet provider that uses satellites floating around Earth to make an internet connection. This is very similar to satellite radio from SiriusXM or satellite TV service through someone like DISH Network. At the time, Starlink is not a huge success, but some predict that it will become more and more popular in the coming years due to the worldwide availability of the internet that Starlink offers. Continue reading "Truly Out Of This World Investing: Space ETFs" →

Is The Worker Shortage Transitory?

Posted on by George Yacik

For the past several months, there have been two "T" words that have captivated the financial markets.

The first, of course, is the "Taper," which now looks like it may be starting as early as next month. Following its September monetary policy meeting, the Federal Reserve—using its usual weasel words—didn't exactly say it was ready to taper, but basically confirmed that it would begin soon, saying that "a moderation in the pace of asset purchases may soon be warranted." So we can probably expect the Fed to provide more definite information following its next meeting in early November, and that may include a start date of later that month.

The second "T" word is "Transitory," as in the "inflation is transitory" mantra Fed chair Jerome Powell has been repeating for most of 2021. However, recently he's backed off a little on that stance, telling Congress last month that while he believes inflation will eventually return to the Fed's 2% target rate, "these effects have been larger and longer-lasting than anticipated." In other words, maybe inflation isn't as transitory as he says, therefore the need to taper.

Now, after two crummy monthly job reports in a row, it may be fair to ask if the shortage of workers holding back the economy isn't transitory either. Continue reading "Is The Worker Shortage Transitory?" →

What You Need To Know About NFTs

Posted on by Wayne Burritt

If you are wondering what all the hubbub is about when it comes to NFTs and cryptocurrency, you’ve come to the right place. I’ll break down what you need to know about this interesting side of crypto and whether or not it’s worth your hard-earned dollars.

So, let’s get to it!

What Are NFTs, Anyway?

To put it simply: NFT stands for “Non-fungible Token.” And since fungible means interchangeable, non-fungible is the opposite: It can’t be interchanged with another. There’s only one. Token stands for a crypto coin. Put them together; you get this: An NFT is a unique, one-of-a-kind crypto asset.

Here’s a couple of examples: Continue reading "What You Need To Know About NFTs" →

Platinum And Palladium Update

Posted on by Aibek Burabayev

I put the platinum first as it has a clearer structure. The big map has remained unchanged since 2019; I put it down below to brush up.

Platinum

We are in leg 2 (black) with a completed AB part (next chart). I expected the CD part to start earlier. However, the bullish trigger was left untouched and the market collapsed further down.

Platinum

The third red leg down has hammered the platinum futures price below $1,000 handle to hit the valley in $893. It is amazing how symmetry works here, as all three legs are almost equal to each other. It is a good sign for the platinum as it suffered a lot. Continue reading "Platinum And Palladium Update" →

Weekly Stock Market Forecast

Posted on by The INO.com Team

This week we have a stock market forecast for the week of 10/10/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Weekly Chart - Stock Market Forecast

My life got medically hijacked a few weeks ago when our daughter decided to make her appearance a few weeks early! We spent some time with her in hospital, but all is well that ends well, and she's happy, healthy, and home!

It's times like these that really make me grateful that I have been blessed to live the life of an independent trader, free to dodge and weave and adapt to the curve balls life throws at you.

I haven't looked at screens for a while, so I come to the charts with fresh eyes. Here is what I'm seeing and can forecast for the week to come. Continue reading "Weekly Stock Market Forecast" →