Miriam's Kitchen - INO Cares

On Thursday, November 13th, a small group of INO.com employees left the office early and headed down to Washington, D.C. We donned aprons and hats and got to work at Miriam's Kitchen. The chef and sou chefs efficiently directed our team. We helped create a delicious meal for over 140 men and women of the chronically homeless community.

When the doors opened and our guests arrived, we lined the window and served our guests their dinner. Our guests shared many thank-yous and grateful smiles as they accepted their trays. The gratitude was contagious!

After we finished serving dinner and cleaned the kitchen, members of the INO Team gushed about the experience. One of the first question they asked me was, "when can we do this again?" It was a wonderful evening and an organization which we will continue to support!

There are over 7,000 homeless individuals in Washington, D.C., 1,764 of which are chronically homeless. Miriam's Kitchen is committed to ending homelessness in D.C. by establishing meaningful relationships with chronically homeless individuals, connecting them with permanent supportive housing, and ensuring they have the necessary support to remain in housing.

Miriam's Kitchen serves breakfast and dinner to 200-300 people each day, 365 days a year. They also provide mental health services, medical services, legal services, therapeutic resources, clothing and toiletries and housing assistance. To learn more about Miriam's Kitchen or how you can help, please visit www.miriamskitchen.org.

Best,

Lindsay Bittinger
The INO Cares Team

Goldzilla

"History shows again and again how nature points out the folly of man" – Blue Oyster Cult, Godzilla

I would have written off the gold sector long ago in its ongoing bear market had I thought for one moment that gold's utility as insurance against the acts of monetary madmen/women in high places had been compromised in any way. On the contrary, the monetary metal is simply having its price marked down in a bear market while its value, especially given its current price and all that has gone on in the financial system over the last 3 years remains just fine.

Indeed gold, an element dug out of the ground for centuries, once as money and now as a marker to sound money systems will one day be shown to be a calm oasis from the fallout to global monetary shenanigans currently ongoing. At least it would be an oasis to those who have valued it as such. It is going to feel like a giant dinosaur (minus the kitsch value) ripping through a city built on paper to the multitudes who have taken the bait on the current too big to fail global inflationary operations. They will fail. Timing is the only question. Continue reading "Goldzilla"

In The Week Ahead: This Stock's Breakout Signals More Gains Ahead in 2014

By: John Kosar of Street Authority

All major U.S. stock indices finished in positive territory for the fourth consecutive week, led by the tech-heavy Nasdaq 100, which gained 1.6% and is now up 17.6% for the year. This index has been a major focus of mine since the Aug. 25 Market Outlook. Its move above major overhead resistance at 4,147 this month was an important catalyst for the recent strength in the broader market.

On a sector basis, technology, consumer discretionary and materials led. Utilities, energy and financials trailed the pack and finished the week in negative territory.

Cisco Systems Resuming 2011 Uptrend?

The recent strength and leadership shown by the technology sector resulted in a potential buying opportunity in Cisco Systems (NASDAQ: CSCO). I discussed the topic Wednesday on CNBC, just before the tech bellwether announced its fiscal first-quarter earnings.

CSCO, which is the 10th largest constituent stock comprising 3.3% of the technology sector index, broke out to the upside on Friday from 15 months of sideways action that indicated investor indecision.

CSCO Stock Market Outlook Chart

This breakout indicates that CSCO's larger August 2011 advance has resumed and targets a move to $32, 22% above Friday's close. This will remain valid as long as the upper boundary of the indecision area at $25.90 loosely contains prices on the downside as underlying support. Continue reading "In The Week Ahead: This Stock's Breakout Signals More Gains Ahead in 2014"

No surprise Here As Allergan Inc. (NYSE:AGN) Jumps 6%

Hello traders and MarketClub members everywhere, Happy Monday. It's a very happy Monday morning for Bill Ackman who owns 32% of Allergan's stock. I would also like to point out that it is a happy Monday for many MarketClub members who read on our blog over two months ago about this stock. I also did a special update on Allergan Inc. (NYSE:AGN) on October 31.

In today's video, I will be looking at the major indices, plus several stocks that are popping up on my radar screen today. These stocks include Apple Inc. (APPLE:AAPL), Alibaba Group Holding Limited (NYSE:BABA) and Facebook Inc. (NASDAQ:FB).

Did you take advantage of Apple's new 52 week high with our 52-week high on a Friday rule? It looks to be heading higher today.

As always, we welcome your comments below on what videos so you would like to see in order for us to provide you with the best type of information that you would like to see. If you have questions about the markets, let us know what they are in your comments.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Are You Standing in Line Next to a Fellow Forex Trader?

Take a ride on a New York subway and you will quickly be able to pick out the stock brokers. These are the Brooks Brothers suits, and probably a briefcase, cell phone in the ear barking orders. Now pick out the Forex traders. That's not nearly as easy to do since they look just like everyone else on the subway.

Sure that Brooks Brothers suit may also be dabbling in currency trade, if he's smart, but so may the guy in sweats sitting next to him. That’s because unlike other markets, Forex has no prejudices.
Trading in the other markets is constrained by time and money. If you don't have the right amount of either, there is no getting in. Forex on the other hand allows for trading around the clock and with very little investment capital. This makes it ideal for anyone who is looking to add to their income.

Who Can Trade Forex?

Admit it, you were always fascinated by the idea of top investors who were making tons of money just by having some. The idea that your own money could be put to work to earn you more has always been fancied, and the reason why banks offer interest earning savings accounts. With the easy availability of Forex, you can expand on that premise and increase your wealth quicker.

Take a teacher for example. You already know they are underpaid, plus they have all these long breaks with nothing to do but read books and watch re-runs. Learning how to trade in the Forex market is ideal for this profession. Not only do they have the spare time before and in between classes to check on their trades they also have months of free time to learn how to get really good at it.

A teacher could find a broker that allows for just a few hundred dollars to get started in trading. With leverage, their investment, and of course return, will be increased allowing them to profit more than what they had in the account would have allowed. So think about it at your next meeting at your son's school. His teacher could be in on Forex trading too.

What about those professions whose hours as not as steady as a teacher's are? Continue reading "Are You Standing in Line Next to a Fellow Forex Trader?"