Larry Levin reveals trending markets and shows techniques to help be more successful in the markets. Using examples and charting patterns, this video shows specific rules to help determine trends.
Watch Now:Trending Markets
Every Success,
The INOTV Team
With China's main Shanghai Composite index up almost 40% this year, and the tech-heavy Shenzhen Composite index up more than 90% YTD, are Chinese stocks in a bubble?
It's a legitimate question. You'll find many answers out there, but this answer you won't want to miss.
This answer comes from Elliott Wave International's own Mark Galasiewski, the editor of EWI's monthly Asian-Pacific Financial Forecast. Mark is on record for turning bullish on Chinese stocks almost a year ago, exactly on July 3, 2014. In that month's issue -- and at the time when almost no one was bullish on China -- Mark wrote:
"If the [Shanghai Composite] index breaks out above the upper channel line -- which runs through 2100 in July and which is about 2% above current levels -- then the multi-month uptrend that we have been expecting is likely under way."
Getting back to the question if Chinese stocks are in a bubble -- below, you'll find a link to a free special report where Mark gives you his answer in full detail. To give you a taste, here's an excerpt from Mark's June 2015 Asian-Pacific Financial Forecast: Continue reading "Chinese Stocks: "How to Think Like a Billionaire Investor""
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 in the August contract settled last Friday in New York at 1,202 while currently trading at 1,170 an ounce down about $30 for the trading week remaining incredibly choppy as I was recommending a short position getting stopped out in last week’s trade when prices bumped up against 1,200 as I’m sitting on the sidelines at the current time waiting for another breakout to occur and that could happen soon as prices remain very weak. Gold futures are trading below their 20 and 100 day moving average looking to break the critical 1,170 level and the second critical level is 1,160 if that level is broken I would have to think that the bear market is underway as I see no reason to own gold at the current time as all the interest is in the stock market which is right near all-time highs. Continue reading "Weekly Futures Recap With Mike Seery"
The Greek government is running out of money and time. They need to agree to a deal with their Eurozone partners this weekend to secure the final part of its bailout loan and avoid defaulting on its debts. But without a deal, default could push the country towards leaving the Euro - a prospect that has become known as "Grexit".
What do you think?
Loading ...As always, I would love to hear your thoughts on the looming Grexit. Please take a moment to vote on the poll and leave a comment.
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
Here's the latest update from the Bike Like a Girl (BLAG) team.
"We are in 5th place & on track to smash the 8-women record! We hope to see you at the finish line at City Dock in Annapolis early Saturday!"
If you remember earlier this month, we told you about the Bike Like A Girl team that we are sponsoring for our June INO Cares campaign. Here is one of the women sporting our logo which is on the front of their cycling jerseys. You are making INO proud, keep up the awesome work!
Visit the RAAM site to track the team's progress! Or track them on their Facebook page for the latest updates and photos.
Best,
Lindsay Bittinger
INO.com, Inc.
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