Dollar Jumps After Retail Sales Report

Posted on by The INO.com Team

Hello MarketClub members everywhere. The Dollar has rallied while U.S. stocks have fluctuated this morning. The reason for the jump is retail sales; retail purchase jumped in April to the highest levels in a year. This indicates that consumer spending could help the U.S. economy recover from its early-year slowdown and possibly give the Fed a reason to raise rates next month.

MarketClub's Mid-day Market Report

Purchases climbed 1.3 percent last month, beating the economists estimates of a 0.8 percent gain. It's the biggest gain since March 2015 and comes after a 0.3 percent March drop that was smaller than previously reported, Commerce Department figures showed Friday in Washington. Continue reading "Dollar Jumps After Retail Sales Report" →

Fibonacci Analysis of Two Option Setups

Posted on by The INO.com Team

We break down our two favorite option trades in the market currently using Fibonacci analysis. Biotech is leading the charge lower, while this precious metal could be about to lift off.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

One Of These Markets Is Going Down Big Time

Posted on by The INO.com Team

Hello MarketClub members everywhere! Not sure if you live in the rain soaked mid-Atlantic states, but enough already with the rain! It is depressing. The reason I bring this up is the erratic and somewhat depressing action in the stock market.

On Tuesday we watched a massive rally in stocks and everyone was singing happy days are here again. Yesterday, reality and gravity came into the market and took away practically all of Tuesday's gains.

As I said on Monday when I talked about "The Next Big Swing", I believe that the markets are putting in a major top as both the S&P 500 and the NASDAQ have all flashed red weekly Trade Triangles indicating to be out of the market and on the sidelines.

Apple Inc. (NASDAQ:AAPL)
So sad about Apple, here is a stock that was the "apple of every investors' eye" and now this once super stock is now in the dumpster. The question is, with all the Trade Triangles red and pointed lower for Apple, is it just a false signal or is this really the start of a bigger problem? I believe that Apple has some serious hurdles ahead and as the weeks and months pass these problems will come to the forefront.

The biggest problem for Apple right now is that it is not seen as an innovative growth company. Can anyone say "Nokia" and not wonder what happened to this once-leader in the mobile phone market? The next problem Apple has, and this could well be its number one problem, is perception. Apple is just not perceived as a "cool" company anymore. Apple's third problem is expanding its market for its cash cow iPhone. It very much looks like China wants to put the kibosh on any further Apple iPhone sales as they really want to sell their own smart phones (so much for free trade).

The next big psychological level for Apple is $90.00. Once we see around $89, you will see many more investors throw in the towel. On Thursday the 28th of April, Carl Icahn stated on CNBC that he no longer owned any Apple stock. MarketClub's Trade Triangles exited Apple six days earlier at $104.88. I am guessing Mr. Icahn exited around the same time before he made his big announcement on CNBC.

Daily Chart of Apple Inc. (NSDAQ:AAPL)

Continue reading "One Of These Markets Is Going Down Big Time" →

When Will Uranium Emerge from the Shadow of Fukushima?

Posted on by admin

Joe Reagor of ROTH Capital Partners explains the factors that have kept uranium spot prices down, how much longer they will be in effect, and why uranium should be on investors' radar screens today. He also discusses four uranium companies that are in position to benefit from the looming uranium shortage.

The Energy Report: How do you see the big picture for uranium? Spot prices have dropped recently. Are you still bullish?

Joe Reagor: It's a matter of time horizon. Many analysts, myself included, believed that the uranium price recovery was going to happen in 2014. Then when 2014 didn't happen, we thought 2015. Then when 2015 didn't happen, we said 2016. Here we are in 2016, and uranium is back under $28/pound ($28/lb) again. The recovery isn't happening.

Nuclear Water

There are two parts to why we're not seeing a spot uranium recovery. First is the uranium spot market has been rather tight in terms of overall percentage of production, and there have been some nuclear plant closures in addition to shutdowns in Japan after Fukushima. Add to that a lot of production growth already build into pipelines that has come on-line and ramping up production and creating a larger amount of spot uranium to be sold into a weak market. Cameco Corp.'s (CCO:TSX; CCJ:NYSE) Cigar Lake is an example of that. So we're getting this extra pressure on the spot market, but if you look at contract pricing, it has remained relatively stronger, in the low $40s. Producers are making decisions based on the contract price, not the current spot price. So there is a disconnect between spot and contract pricing. Continue reading "When Will Uranium Emerge from the Shadow of Fukushima?" →

Get Yesterday's Stock Pick Right Now

Posted on by admin

We have a new analyst and a new stock pick!

Yesterday, before the opening bell, we emailed out the new Stock of the Week. This pick fills all the requirements for growth and value, making it an ideal stock for virtually any portfolio!

INO.com's Stock of the Week

This stock was hand-picked and thoroughly analyzed by our new Stock of the Week analyst, Daniel Cross. You may have seen Cross' articles on our blog, but now he's going to be digging in even deeper, offering our Stock of the Week subscribers an exclusive look at stocks with massive potential backed by sound research.

Our Stock of the Week is absolutely free, you just need to tell us where to email this weekly pick.

Send me this week's stock.

This week's pick is an automotive company which has beat earnings for the last four straight quarters with the last upside surprise topping 25% over analysts' expectations. Based on Cross' analysis, this stock could have more than 30% in upside potential!

If you are already receiving INO.com's Stock of the Week, then we hope you saw this pick yesterday.

Not receiving the Stock of the Week? Want to know what stock this is? We'll send you this week's analysis right away and you'll be one of the first to receive our next pick, issued at 7am EDT every Tuesday.

Request the Stock of the Week and get a new pick, with an amazing analysis, every Tuesday.

Enjoy,
INO.com


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