Silver Update: The Time Is Up

Aibek Burabayev - INO.com Contributor - Metals


This post is dedicated to silver as the projected period of consolidation set in my previous Gold & Silver post finished last week on Tuesday, the 18th of April. Let’s see the result of that “Cloning” experiment below.

Chart 1. Snapshot Of Experiment Result: Good Range Wrong Timing

Silver Chart
Chart courtesy of tradingview.com

The chart above is a snapshot of the projected graph within the “Cloning” experiment posted earlier. As we see the price didn’t follow the red down arrow and reversed higher up to the top of the rectangle where it was blocked successfully. And the anticipated down move started right at the end of projected period missing the time target. Continue reading "Silver Update: The Time Is Up"

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM 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 Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the June contract are currently trading at 1,286 an ounce after settling last Friday in New York at 1,288 basically unchanged for the trading week as I am not involved in the gold market as prices remain right near contract highs due to tensions between North Korea and the United States coupled with the fact of a weaker U.S dollar in recent weeks. Gold prices are still trading above their 20 and 100-day moving average telling you that the short-term trend is higher as we are ending the week on a positive note up about $4 as 1,300 is the main resistance and if that is broken I think we could go to levels before the U. S. election around 1,330 an ounce. At the current time I don't have any precious metal recommendations as silver is right near a 2 week low, but there is demand for gold as there is so much uncertainty in the world at this time and if you are bullish a futures position I would place the stop loss under the 10-day low standing at 1,248 which is still $40 away as the chart structure is not solid at the present time, as I do expect volatility to increase in the coming weeks as well.
TREND: HIGHER
CHART STRUCTURE: IMPROVING

Continue reading "Weekly Futures Recap With Mike Seery"

Immunotherapy Showing Potential Promise - Immunotherapy ETF

Noah Kiedrowski - INO.com Contributor - Biotech


Introduction

Immunotherapy has emerged as a new potential frontier in treating a variety of diseases. Immunotherapy has risen to national attention via being showcased on the front cover of Time magazine in 2016 (Figure 1). Now, immunotherapy has been thrust into the forefront as an emerging and exciting therapeutic area that has experienced massive growth in terms of potential pipeline candidates across all capitalization biotech companies. Immunotherapy ushers in a new class of potentially promising therapies by harnessing the body’s immune system to recognize and eradicate debilitating diseases, specifically cancer and chronic viral infections. This immunotherapy approach may inevitably result in a paradigm shift from traditional medical intervention. Immunotherapy possesses holistic attributes by harnessing the body’s immune system to contend with or in some cases prevent disease. In addition to the holistic aspects, immunotherapy has been shown to have a favorable side effect profile and best-in-class efficacy across many different disease states. These therapies may provide a powerful technology to contend with a host of diseases, and in a future state, may potentially serve as a preventative technology similar to a traditional vaccine. Immunotherapy has evolved into many different classifications with differing modalities over the past several years, which has given rise to a growing number mid and small-cap biotechnology companies with potential investment opportunities via an immunotherapy ETF. In late 2015,Loncar Cancer Immunotherapy launched the Loncar Cancer Immunotherapy ETF (NASDAQ:CNCR) and provided investors with an opportunity to invest in this unique cohort.

Time Magazine Immunotherapy Cover
Figure 1 - TIME magazine cover showcasing immunotherapy and its potential in treating disease

Continue reading "Immunotherapy Showing Potential Promise - Immunotherapy ETF"

Oil Falls As Oversupply Concerns Resurface

Hello MarketClub members everywhere. Oil prices fell on Friday as oversupply concerns resurfaced and the euro and stocks dipped ahead of the first round in a too-close-to-call French presidential election.

MarketClub's Mid-day Market Report

After a two-week losing streak, the major indexes are on track to post weekly gains fueled by Thursday's rally, which was largely driven by Treasury Secretary Steven Mnuchin's comments that the Trump administration would unveil a tax reform plan very soon.

A steady stream of strong earnings through the week continued to bolster market sentiment.

Key levels to watch this week: Continue reading "Oil Falls As Oversupply Concerns Resurface"

The Cannabis Stock That Every Police Department Needs

Analysis originally distributed on April 12, 2017 By: Michael Vodicka of Cannabis Stock Trades

Studies have found that legalizing cannabis has an overwhelmingly positive effect on society.

It takes the illegal drug trade out of the hands of foreign cartels and puts it into the hands of tax-paying, law-abiding businesses.

It reduces crime.

And it helps generate additional tax revenue. Continue reading "The Cannabis Stock That Every Police Department Needs"