Bike Like A Girl Breaks The Record

Posted on by lindsay

Well, they did it. No surprise here. Our sponsor team, Bike Like A Girl (BLAG), completed in the Race Across America (RAAM) and smashed the 8-woman record as they flew through the finish line early on Saturday morning.

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The 8-woman team, composed of 6 women from our very own neighborhood, set out from Oceanside, CA on June 20th. The ladies kept a grueling pace, averaging 19.14 mph, where the previous 8-woman record was 16.57mph. They crossed the country in 6 days, 12 hours and 58 minutes. Out of the 12 teams that left California, one was unable to complete the race. The other 11 teams reached the Citydock in Annapolis, MD, within 2 days of each other and BLAG finished only a little over 1 day behind the 8-person open winner, Team Riverside (US), which consisted of 7 males and 1 female rider.

INO.com is so proud of the Bike Like A Girl team. We enjoyed tracking you across the US. First California, then Colorado, a stop off in Missouri, in familiar Pennsylvania, and now back to Annapolis, MD! What a great experience to have been tied to such incredible and powerful women. BLAG has inspired so many and has raised money to support initiatives which empower and encourage young women through cycling.

INO.com president and avid cyclist, Adam Hewison, was there to represent INO.com as the ladies crossed the finish line at 4:30am, Saturday morning. He said that it was a touching and exciting moment.

So, congrats Bike Like A Girl. You women are amazing and we are so proud to have been one of your sponsors.

Best,
Lindsay Bittinger
INO.com, Inc.

Their Greece, And Now Ours

Posted on by George Yacik

George Yacik - INO.com Contributor - Fed & Interest Rates


"You mean, you were serious?"

You can just hear Greek Prime Minister Alexis Tsipras asking the European Central Bank that question after the ECB called his bluff and refused to advance Greek banks any more emergency funds, forcing them to close for at least a week and the Athens stock market to also suspend trading. Needless to say, Greece will default on a $1.7 billion debt payment to the International Monetary Fund that comes due June 30.

Until the ECB finally learned how to say No (or, in this case, Nein) over the weekend, Tsipras was confident that his following the J. Paul Getty school of financial negotiating ("If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem") would work and that the ECB and its fellow official creditors to Greece would eventually knuckle under to his anti-austerity demands and continue to kick the can down the road yet again. Continue reading "Their Greece, And Now Ours" →

Platinum Demand Hit Decade High Amid Falling Price

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


Today I prepared Platinum macro data charts to show industry development for the last decade.

Supply And Demand

Platinum Supply and Demand
Chart: Aibek Burabayev; Data Source: Johnson Matthey, LBMA

In 2004 at the beginning of the review period, supply and demand were ideally balanced at the 7.2 million ounces (Moz) mark at $861/oz price. A year later, both Platinum supply and demand showed decent growth, 2005 outweighed 2004 for 0.7 Moz on the supply side and 0.8 Moz in demand; the price had a modest gain of one hundred dollars. Continue reading "Platinum Demand Hit Decade High Amid Falling Price" →

Greece Is Not A Black Swan Event

Posted on by The INO.com Team

It seems like this never-ending, ongoing Greek tragedy is like an Energizer battery as it just keeps going and going and going.

In order for something to qualify as a "black swan event", it has to come out of the blue and be a total surprise to the market. Certainly, Greece cannot claim to have just happened or come out of the blue. It seems like this train wreck of a country has been going on forever without a resolution. The fact that the markets are only down a bit as of this writing and have the potential to close unchanged indicates that most of the US equity markets have already discounted the "Greek Effect".

Today I will be looking at all the major indices and commenting on what has taken place. Continue reading "Greece Is Not A Black Swan Event" →

This Small Cap Stock Is Overdue For A Breakout Performance

Posted on by Daniel Cross

Daniel Cross - INO.com Contributor - Equities


Certain stock sectors are great tools for measuring the health and state of the economy. Transportation is arguably the sector that says the most about it. When transportation companies are posting profits, that means more goods are being shipped and the economy is growing. And when those same companies are missing earnings, it means that fewer goods are being shipped and the economy is either stagnating or contracting.

So far this year, the Dow Jones Transportation Average doesn't reflect a strong and robust economy. It's fallen around 10% year-to-date and most transportation stocks have been bouncing around their 52-week lows for the past six months or so. However, that downward trend could be on the verge of entering a major reversal. Continue reading "This Small Cap Stock Is Overdue For A Breakout Performance" →