Market Rallies On Strength Of Jobs Report

Posted on by The INO.com Team

Hello traders everywhere. All three major indexes are looking to finish the week on a strong note and post back to back winning weeks for the first time in nine weeks. The reason for the surge after a terrible day on Thursday, jobs.

Nonfarm payrolls jumped by 312,000 jobs last month, the largest gain since February, as employment at construction sites snapped back after being restrained by unseasonably cold temperatures in November.

jobs

There were also broad gains in hiring last month. Data for October and November were revised to show 58,000 more jobs added than previously reported. The economy created 2.6 million jobs last year compared to 2.2 million in 2017.

Average hourly earnings rose 11 cents, or 0.4%, in December after gaining 0.2% in November. That lifted the annual increase in wages to 3.2%, matching October's rise, from 3.1% in November. The average workweek increased to 34.5 hours in December from 34.4 hours in November. Continue reading "Market Rallies On Strength Of Jobs Report" →

Will 2019 Be A Better Year For Bitcoin?

Posted on by Matt Thalman

In 2017 Bitcoin became a household name as the price went from below $1,000 per coin at the start of the year to well over $19,000 as the year came to an end. In 2018, the price of the most well-known cryptocurrency fell from its lofty heights to close the year below $4,000 per coin.

As we roll into 2019, some cryptocurrency experts are predicting Bitcoin to break the 2017 record high and fulfill its destiny of going as high as $1,000,000 per coin by 2020. Other more modest expectations have Bitcoin at around the $50,000 range by year end 2019. But the mass consensus of Bitcoin experts has the crypto ending the year in that $20,000 range.

I personally still believe that is way, way, way too high, and I’ll go even as far as saying Bitcoin will end 2019 lower than where it starts the year.

There are two reasons I believe Bitcoin will not perform well in the coming year. Continue reading "Will 2019 Be A Better Year For Bitcoin?" →

OPEC's Plan To Institutionalize OPEC+ Has Failed

Posted on by Robert Boslego

For over a year, OPEC General Secretary Mohammed Barkindo has been trying to "institutionalize" the OPEC+ arrangement that includes Russia. At the Oil and Money conference in October 2017 in London, Barkindo told reporters. "This platform of 24 countries, now hopefully growing, should be institutionalized."

OPEC+
Source: OPEC

In September, he said, "What we are working on now is to make it [cooperation] more permanent and institutionalize the framework. Our target is to have a longer cooperation framework in place by December when we reconvene in Vienna [for the next OPEC meeting]."

In an interview with TASS on October 22nd, Saudi Energy Minister Khalid Al-Falih explained his view for the long-term agreement he wanted in December: Continue reading "OPEC's Plan To Institutionalize OPEC+ Has Failed" →

Last Day - Trial + Discount Ends At Midnight

Posted on by The MarketClub Team

This is the one time of year we offer new members a chance to not only try MarketClub, but also to get a great membership rate if they decide to stay after the trial period.

Your chance to try 30 days of MarketClub for only $1 and then get 20% off your membership rate (for the lifetime of your membership) is almost over - this offer ends at 11:59 PM (EST) tonight, December 31st.

Take a full 30 days to decide if MarketClub is right for you. If it's not, simply give us a call or shoot us an email within your trial period and we will cancel your membership.

If you love MarketClub and stay (which we hope you will), keep your membership discount for as long as you are a member.

Upon taking this offer, you can immediately...

• View entry and exit signals for over 320,000 stocks, futures, forex, ETFs and mutual funds
• Scan for hot trading opportunities
• Chat with thousands of other traders in our Members Blog
• Use a premium portfolio manager and access an advanced charting platform
• Set portfolio alerts so that you never miss a move throughout the day
• And more

Learn more about MarketClub's Holiday Promotion

Note To Current Members: You have your own special offer waiting for you. Check your inbox or your member message area in MarketClub.

Remember, this offer expires tonight at 11:59 PM (EST)!

Best wishes for an amazing new year,
Melissa Nuckols
Customer Support Manager, MarketClub
1-800-538-7424 | 1-800-538-7424 |

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