It's January 2013, With A Twist

The title was not meant as a play on words in reference to Operation Twist, but now that I think about it, maybe it should be.  The Post-Twist financial world is far different than it was before the genius that is Ben Bernanke’s ‘bigger than yours or mine’ brain concocted a maniacal plan that would “sanitize inflation” signals from the bond market and break the then highly elevated yield curve.*

So, why is today like early 2013 and why is there a twist to that view?  Because two indicators have come together to point to economic stability (at least) in the US, with the twist being that other indicators are pointing to a potential unchaining of inflation this time, unlike the 2013 time frame, which was in the grips of global deflation (and Goldilocks in the US).

So gold bugs, don’t get too concerned just yet.  The sector has been overdue for a correction and that is what it has been getting.  Speaking of sanitizing things, over bullish gold sector sentiment has needed a good clean out.  The 2013 signal immediately preceded the worst of the precious metals bear market, but the 2016 signal need not for reasons explained later in the article. Continue reading "It's January 2013, With A Twist"

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 December contract settled last Friday in New York at 1,341 an ounce while currently trading at 1,329 down about $12 for the trading week as this chart pattern is very similar to the silver chart as prices continue to go sideways waiting for some fresh fundamental news to dictate short-term price action. Gold prices are trading at their 20-day but still above their 100-day moving average as this market basically have been flip-flopping around due to the Federal Reserve doing an interest rate hike or not as I think that will continue for quite some time so avoid this market at the present time. The next major level of support is around 1,305 & if that is broken, you would have to think that the bearish trend would be underway. Continue reading "Weekly Futures Recap With Mike Seery"

Is Deutsche Bank Going To Implode?

Hello MarketClub members everywhere. I'm thinking most of the public thought that all of this bank garbage was behind them, but the reality is there's still a lot of real problems out there many of which the Fed will not own up to. I have said for some time that the Federal Reserve system is out of whack and up a creek without a paddle.

Well, it looks as though Deutsche Bank AG (NYSE:DB) is imploding this morning as it stock sinks with massive withdrawals from hedge funds and the public is not helping matters. With a huge debt load that it can't possibly support Deutsche Bank is in trouble and its only savior at this time is the Merkle regime. However, if they step in it only kicks the can down the road to another day. I'm sure there are still some folks around who remember the hyperinflation in Germany in the 30s. This terrible time was the beginning of an economic climate that gave birth to the Nazi regime. Nobody wants to see that happen again.

MarketClub's Mid-day Market Report

Everybody was worried about the financial system in Greece, but we are talking about Germany now which has a far greater footprint and significance in the EU. If Germany begins to totter, the rest of Europe cannot be far behind.

The question I have is this: sooner or later you have to pay the piper and face the music and it is not dancing music!! My other question is when do people begin to pile into hard assets like gold? Continue reading "Is Deutsche Bank Going To Implode?"

Preview Issue #3 - Pharma Acquisitions Change The Game

INO Health & Biotech Stock Guide

Preview Issue #3 - Sept 28th, 2016

BIOTECH, HEALTH & PHARMA NEWS

Myan’s CEO is grilled by congressional leaders on Capitol Hill, Allergan (NYSE:AGN) and Johnson & Johnson (NYSE:JNJ) step up merger and acquisition activity and the presidential debates are underway.

Mylan has dominated the pharma news headlines recently over its aggressive pricing increases regarding its EpiPen which uses an auto-injection of epinephrine to treat severe allergic reactions, particularly deadly in school age children. Since Mylan acquired the product in 2007, and the “list” price increased from $100 in 2008 to its current “list” price of ~$600. Elijah Cummings Continue reading "Preview Issue #3 - Pharma Acquisitions Change The Game"

The Big Non-Event

Hello MarketClub members everywhere. Like the other 84 million Americans, I watched the presidential debate and I have to say it was as boring as watching an uneventful Super Bowl. The interesting thing is the next day the stock market had a very healthy bounce. I don't think there is one particular event you can point to that caused the bounce, but nonetheless, it was a bounce.

MarketClub's Mid-day Market Report

The question is, should you buy stocks now? The answer will be if you are long-term trader it may be a good time to be a buyer. On the other hand, if you're an intermediate or shorter-term trader it would be best to wait for a green weekly Trade Triangle in the Dow or the S&P 500 to be a buyer of stocks in those indices. The NASDAQ is a different kettle of fish as that is clearly in a strong upward trend.

Let's begin by looking at the major indices and see what they're doing trend wise. Continue reading "The Big Non-Event"