Hope For Guatemala - INO Cares

Posted on by lindsay

Hope For GuatemalaWe were so incredibly fortunate to be told about a wonderful organization doing amazing things in Guatemala. INO.com President and co-founder, Adam Hewison, learned about this mission work from his daughter’s father-in-law, Richard Lusk, who has been participating with Hope For Guatemala for over 3 years.

When doing mission work for Hope, Richard Lusk primarily teaches micro-entrepreneurship to the Guatemalan locals with the hopes that they will be able to create and sustain profitable businesses which will remove them from the poverty that is so rampant in Zone 18, the poorest section in Guatemala City.

Hope for Guatemala also provides nutritional breakfast and lunch meals to over 250 children, as well as educational instruction, extracurricular activities and vocational training to over 120 families. Among having farmers donate produce, the organization is also farming and starting a fishery to create a sustainable food source for the families of Zone 18.

Mr. Lusk was kind enough to hand-deliver an INO Cares check to the founders of Hope For Guatemala during his trip. We selected this amazing organization for the month of August, even though we sent funds a tad early.

Mr. Lusk sent a little note once he returned to the states,

"Adam, 

I just returned from Guatemala last night and I wanted to share some pictures of the Hope for Guatemala visit we made. It was a great visit and God's love definitely shows to these little kids that are served by this ministry!!

Jose and Erin Armas (the founders of Hope for Guatemala) were so grateful for your donation. Jose and Erin are about 35 years old. He is from Guatemala City and she is from the US. They have 3 kids of their own. They started Hope about 8 years ago. They feed around 275 kids a day, 2 meals per day, 5 days a week. They also help with school work, learning a skill/craft for the older kids as well as improve their nutrition levels. They have recently acquired a horse, and the reward for good grades is a ride on the horse. They have the only library and computer lab in Zone 18 (the poorest zone in the city).

This funding will help them tremendously and they really appreciate it so much. They make a dollar go sooooo far with their hard work and volunteer staff and the kids are in desperate need of nutrition, teaching and for someone to give them care and love. 

Your contribution will help insure that this will continue to happen. It was a pleasure to present them with your donation on your behalf.

Thanks again for thinking of Hope for Guatemala and your generosity.

All the best,
Richard"

Learn more about Hope for Guatemala, how you can contribute or even volunteer! We wish Jose and Erin Armas the best as they continue this important work. Thank you Richard again for taking our donation right to the founders!

Best,

The INO Cares Team

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.

Silver Futures

Silver futures in the September contract are settling around 20.40 an ounce finishing down about $.25 for the trading week while still trading below their 20 but above their 100 day moving average hitting a 5 week low and if you are currently bearish silver I would sell at today’s price while placing my stop above the 10 day high which is 21.12 risking around $.50 or $2,500 per contract as the chart structure is outstanding currently. Many of the commodity markets are going lower because of the U.S dollar hitting a 6 month high against the Euro currency as I think that trend is going to continue here in the short term. The volatility in silver is extremely low at the current time and I would assume with all the worldwide problems that volatility will start to increase however prices still look weak in my opinion as the Federal Reserve is cutting back on the quantitative easing which is also a negative influence on precious metals prices as the fundamentals currently are neutral to weak.
TREND: LOWER
CHART STRUCTURE: EXCELLENT

Continue reading "Weekly Futures Recap With Mike Seery" →

Today's Fibonacci Points For Apple Inc. and Gold

Posted on by The INO.com Team

Yesterday was one of those "OMG" days where everybody ran for the exit at the same time. When that happens, there is indiscriminate selling of almost every market and this can present an opportunity for smart traders to step in and either add to positions or take new positions in the direction of the major trend.

Such is the case in Apple, Inc. (NASDAQ:AAPL) and spot gold (FOREX:XAUUSDO). Both of these markets have pulled back into Fibonacci levels that should offer good support and a turnaround opportunity. In today's video, I will be examining the recent pullback in gold and Apple, which is flirting with the $100 a share level.

I'll also be looking at Tesla Motors, Inc. (NASDAQ:TSLA), who just made a new high for the week today after it announced some very positive earnings yesterday. I will share with you my upside target zone for this market and it may surprise you. I'll also be looking at two of my favorite stocks, Netflix, Inc. (NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ:AMZN). Are they a buy right now?

Have a great weekend everyone and every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Free Advice From Seth Klarman & Charlie Munger

Posted on by The INO.com Team

By: Tim Melvin

It was Sir Isaac Newton who famously said, "If I have seen further than certain other men, it is by standing upon the shoulders of giants."

Those who came before us in life have left a huge treasure trove of knowledge, but it seems few ever take the time to study what those great minds have already learned.
Nowhere is this truer than in the markets, particularly when it comes to investing in the financial markets.

There have been some wildly successful investors who have been embarrassingly generous about sharing their secrets of making money, but almost no one takes the time to read the body of work.
The Legends And Their Myths

Most people know who some of these legends are but have never read the material. Most investors have heard of Benjamin Graham, but very few have ever read The Intelligent Investor, and even fewer have ever cracked the cover of Security Analysis. Continue reading "Free Advice From Seth Klarman & Charlie Munger" →

Understanding Candlestick Charts

Posted on by The INO.com Team

Today, we're going to be looking at classic Japanese candlestick charts. Candlestick charts were first used in Japan over two centuries ago by rice traders to chart rice prices. This system of charting has been around for a long time and can be valuable to traders everywhere. Japanese candlestick charts are now widely available on the web and in most software packages.

Candlestick charting shows, in a very visual way, a powerful picture of what's going on in the markets. Candlestick charts use individual lines that look like candles, hence the name, and are comprised of a real body and shadows. There are a number of formations that take place, both bullish and bearish, that can provide traders with valuable information.

I first discovered candlestick charting during a speaking engagement in the early 90s in Japan. Up until that time, I had used traditional Western bar charts and point and figure charts, which I also like. When I first saw a chart that had been drawn in candlesticks, I was immediately hooked, as I could see how candlestick charts show a visual image of what is going on in any market. In this tutorial on understanding candlestick charts, you will see some of the most powerful setups and learn all about the various candlestick formations and how you can use them successfully in various markets.

This short video shows you not only classic textbook examples, but also real world examples. I hope you find the video lesson interesting and of value to your own investment knowledge.

Every success using candlestick charts in the future,
Adam Hewison
President, INO.com
Co-Creator, MarketClub