Yellen, Yahoo and Yikes!

Posted on by The INO.com Team

Hello MarketClub members everywhere, it's the last day of trading for the week and it has been quite a week.

Yesterday, Janet Yellen, the head of the Federal Reserve Board, came out late in the day and said that things were getting stronger economically and that the job picture was improving. It was a rare appearance by Ms. Yellen as normally the head of the Federal Reserve does not come out to make any statements, except official ones. That one statement alone was enough to evaporate most of yesterday's losses in overnight trading. It is all about free money folks and the Federal Reserve has no more rabbits to pull out of its hat.

MarketClub's Mid-day Market Report

Verizon Communications Inc. (NYSE:VZ) indicated that it plans to make a bid for Yahoo! Inc. (NASDAQ:YHOO). I find it interesting that the Trade Triangles picked up that something that was going on with Yahoo on March 29th, 10 days before the Verizon news came out. This is one of the big secrets in the market, someone (and insider) always knows what’s going on. Because of this inside knowledge, they see an opportunity to make money and they buy either options or shares in that company, in this case, Yahoo. That translates into market movement and plays into the algorithm used for the Trade Triangle technology. Yahoo is up this morning in early trading and I believe that this stock can move higher from current levels.

It seems as though 100 point swings in the Dow have become the norm at least for the moment. However, as you know, I tend to look at the bigger picture and what's going on. I do that by looking at how the markets are closing compared to last Friday's closing. Continue reading "Yellen, Yahoo and Yikes!" →

Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

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.

Crude Oil Futures

Crude oil futures in the May contract settled last Friday in New York at 36.79 a barrel while currently trading at $39.31 this Friday afternoon on bullish comments about production slowing down dramatically towards the end of year propping up prices this afternoon. Oil prices are trading above their 20-day and 100-day moving average telling you that the short-term trend is higher. However, this market remains extremely choppy and had bearish momentum before today’s action so avoid this market at present and wait for better chart structure to develop which could take several more weeks in my opinion. Oil prices are trading between $35/$42 a barrel as there is very little fresh fundamental news to push prices sharply higher or lower in my opinion. I am waiting for volatility to slow down, therefore, then I can place my stop loss relatively close, therefore, lowering monetary risk, but at this time, I don’t see any trend in crude oil so look at other markets that are beginning to trend with better risk/reward potential at the current time. Rumors are circulating Continue reading "Weekly Futures Recap With Mike Seery" →

Jack Chan Sees New Major Buy Signal For Gold But Is Patient

Posted on by admin

Technical analyst Jack Chan has examined the charts and says the gold sector is on a new major buy signal, which could signal a new bull market. But he is patiently waiting for confirmation.

Chart 1

The gold sector is on a new major buy signal, therefore opening the opportunity of a new bull market. However, Commitment of Traders (COT) data remains in bear market values and is now at levels of previous tops. I remain patient and wait for confirmation, which is when speculation according to published COT data has returned to bull market values, and the 2015 high in gold prices near $1,300/oz is exceeded to the upside.

$HUI is on a new long-term buy signal, ending the sell signal from early 2012. (See chart above).

Long-term signals can last for months and years and are more suitable for the long-term investors. Continue reading "Jack Chan Sees New Major Buy Signal For Gold But Is Patient" →

Are You Looking For A Consistent Way To Make Money?

Posted on by The INO.com Team

Every investors' dream is to find a way to consistently make money in the market with the least amount of risk. The question is, does something like that even exist?

The answer to that question is yes and no. What I mean by that is yes, you can consistently make money market, but only if you adhere to a strict game plan and discipline.

Let me prove it to you... For the past 8 1/2 years, we have provided details for the World Cup portfolio. Every day the MarketClub team posts the signals to either enter or exit a market for each of the six markets tracked in this portfolio. These signals are available to every MarketClub member on a daily basis. Over the course of 35 trading quarters, the World Cup Portfolio has only had 6 negative quarters which gives it an 83% success rate. On an annual basis it has never failed to make money which answers the question, "can you consistently make money in the market?" I believe that the World Cup portfolio which has proven itself over 8 1/2 years in all kinds of market conditions to be a winning formula for success.

The World Cup Portfolio (WCP)

Q1 turned out to be a good quarter for the World Cup portfolio. In this diversified portfolio, six futures markets are traded. Here they are along with their Q1 results: Continue reading "Are You Looking For A Consistent Way To Make Money?" →

The Great Uncertainty

Posted on by The INO.com Team

Hello MarketClub members everywhere! How do you feel about the economy, the world, the elections, ISIS or ISIL...? Take your pick.

The other day at a general staff meeting I posed that same question to our amazing team here at MarketClub. I have to say that it was no surprise that they felt there was great uncertainty in the air. It wasn't just one thing, it was a combination of things that made them feel a little uneasy.

MarketClub's Mid-day Market Report

So the question is, how do you feel about the markets?

To me, something just doesn't seem quite right. It's not just one thing, it seems to be a combination. The reality is, the markets cannot keep going higher based on cheap money because sooner or later it's going to implode unless the Fed wakes up and gets real. On the fringes you have Puerto Rico running out of money and who's going to bail them out? Across the ocean, Greece is once again close to imploding. Who's going to bail them out? The IMF?

Are stocks at a tipping point? Continue reading "The Great Uncertainty" →