Getting New Insights From Old Indicators

Posted on by The INO.com Team

Today's video contains one of the best lessons you ever will learn. It will teach you how to apply and integrate technical indicators into your trading plan. Not only will you gain a new perspective on traditional technical indicators, but you also will learn new ways to interpret some innovative indicators you that may not know about.

Along with that, you'll pick up, at least, two valuable new insights on the principles of momentum interpretation, and you will discover some of the major weaknesses that plague many of today's most commonly used indicators.

WATCH NOW: Getting New Insights From Old Indicators

Best,
The INOTV Team

Weak Euro Keeps Gold Afloat

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


One of our readers asked if I would do a Gold/EUR analysis when I posted my last Gold/$ update. Today I will cover this instrument and show its comparative dynamics for a broader view from the opposite side of the Atlantic.

Chart 1. 5-year Comparative Dynamics: Gold/Dollar Vs. Gold/Euro

5-year Comparative Dynamics: Gold/Dollar Vs. Gold/Euro
Chart courtesy of tradingview.com

As seen on the chart above, both Gold crosses have a very strong correlation over the past 5 years. Same peaks and troughs, US gold slightly overshot the European gold at all-time high in 2011; however, it proved to be short-lived.

At the end of 2014, we can see the sharp divergence of crosses (highlighted in red arrow) amid a deep devaluation of the EUR which caused a rocketing of Gold/EUR beyond the 1100 EUR mark. The elevation was short and in 2015, we saw a sharp drop back down in both markets.

There are two things worth mentioning: Continue reading "Weak Euro Keeps Gold Afloat" →

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 March contract settled last Friday in New York at 34.10 a barrel as prices have reversed their recent downtrend including the last 2 trading sessions as prices are now trading at 32.17 up $2.62 this Friday afternoon. I have been recommending sitting on the sidelines for quite some time, however there could a trade here in the next couple of days as the 10 day high is around $35.02 in Mondays trade as prices are still trading far below their 20 and 100 day moving average telling you that the short-term trend still remains bearish. Oil prices traded below $28 a barrel in Wednesday’s trade as panic struck the stock market and the energy market as worldwide deflation continues to hamper prices and if you have been following any of my previous blogs you understand why I remain short so keep a close eye on this market as a possible trade could be in Monday’s trade. Continue reading "Weekly Futures Recap With Mike Seery" →

What's Next For Oil? Use Logic

Posted on by Adam Feik

Adam Feik - INO.com Contributor - Energies


All right. Now we've tried everything. And we still can't figure out when oil prices will finally turn around – or at least stabilize.

Experts' predictions are all over the map. Smart people – including analysts, industry executives, and entrepreneurs – are on both sides. Many predict even lower oil prices before the market steadies itself. Many others predict oil in the $40-60 range again as soon as the 2nd half of 2016. Both groups have applied rigorous study and analysis. Both have valid, compelling points.

Yet, the more I listen, the more confused I become. Meanwhile, oil prices continue falling like a knife. What's truly causing this massive, slow-moving train wreck from $107/barrel in June 2014 to $27/barrel 19 months later?

Logic

Recently, many pundits and experts seem to be speaking in a refreshing new language. It sounds a lot like logic and common sense. I've heard a ton of commentary lately that makes me go "hmm, that seems logical." Today I'll summarize a selection of these observations, and add a few musings of my own.

We've tried everything else. Let's try applying some logic to the situation. Continue reading "What's Next For Oil? Use Logic" →

The Head Of The ECB Speaks - What Did He Say?

Posted on by The INO.com Team

After a wild day in the markets yesterday, Mario Draghi, president of the European Central Bank, was at center stage this morning. What he said was almost incomprehensible to most people, including me. The clear takeaway was that European interest rates will not be going higher anytime soon. He was also asked what instruments the ECB have left to fight the current impasse in the markets. His answer was classic mumbo-jumbo Central Bank talk and did not address the question at hand.

It seems to this observer that the ECB and the Fed are literally out of ammo and have no clue what to do next. Fed chairwoman Janet Yellen's decision to raise interest rates here in the United States was, in my opinion, too late to have the desired effect. Should the markets head south as it looks like they may be doing, does the Federal Reserve have a backup plan or do they move rates back down again to stimulate the economy with another QE? Continue reading "The Head Of The ECB Speaks - What Did He Say?" →