Chart of The Week - Corn

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

As we begin the 2014 planting season, our attention turns to the September 2014 Corn Options. September Corn futures (CBOT:ZC.U14.E) have started out well, supported by a report last week that the crop is already slightly behind in planted acreage (6% vs. 9% estimated). Opening the new week, we see a cool and rainy forecast across the Midwest along with severe weather. We are currently seeing up to 5 inches of rainfall expected over half of the Midwest.

Due to the weather forecast, the planting pace is likely to slow down dramatically this weekend and next week. The 10-year average plating pace for Illinois by April 28th is a little under 40%, while Indiana and Iowa are both about 30%. Historically speaking, we are well behind as plantings could reach near 20% for Monday's update but stall at this figure for the week due to weather delays. The recent weather has added support to the Corn futures, and any further delays should make the price rally considerably.

Since the start of the new year we have been in a strong up-trend in the Corn market. Continue reading "Chart of The Week - Corn"

Are You Prepared For The 'Follow-Up' Crash?

A "follow-up" market crash could be coming.

I don't mean to scare you, but it's only a matter of time...

The past two happened like clockwork -- seven years apart. One happened just before 2001, after the dot-com burst. The other came with a vengeance in 2008, right after the housing collapse.

It's getting close to another seven years... so what about this time?

Are we headed for a "follow-up" market crash?

 

The very idea of losing more than half of your invested wealth in a market downturn is daunting.

Market analysts claim to know exactly where the market is going, and act like they know exactly when to buy or sell stocks. But how many analysts do you remember saying months before the 2008 financial crisis that the market was going to go down by 57%? Can you name one? Continue reading "Are You Prepared For The 'Follow-Up' Crash?"

Putin's Secret Weapon – How Russia Could Take Down America Without Firing a Single Shot

By: Casey Research

Here's a startling fact most investors have never heard: During the last financial meltdown in 2008, when the U.S. economy was on the brink, Russian leaders met with China to persuade them to dump the dollar – and destroy the world's reserve currency.

Before they could act, the Fed pumped over $700 billion into the economy and delayed their day of reckoning. Still, the threat remains. China holds over $1.2 trillion in U.S. debt today. And with their Russian allies, they could drop the dollar at any moment. This excerpt from our eye-opening documentary called "Meltdown America" explains the severity of this imminent threat:

For the full story and to learn more about what could be "the early stages of the end of the West," click here to watch the full version of this documentary.

You'll hear the harrowing and true stories of three people who survived economic and political collapse in Zimbabwe, Yugoslavia, and Argentina… and discover how their powerful stories of hardship foreshadow what's happening in the U.S.

Click here to watch this full-length documentary right now – it’s FREE!

Weekly Futures Recap With Mike Seery

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

Gold Futures--- Gold futures in the June contract settled higher for the 2nd consecutive trading session cracking $1,300 an ounce after hitting new recent lows yesterday before the Ukrainian situation was stirred up once again this could be a problem for months to come as gold is held major support 1,280 currently I’m not recommending a position in this market as the trends choppy but keep an eye on this chart and wait for better chart structure to develop. Gold futures are trading above their 20 and 100 day moving average telling you that the trend is higher despite the fact that we are right near recent lows as the market remains choppy but with the stock market rallying recently investors sought no reasonable gold but the money flow came back into this market as political tensions are heating up. If your bullish the gold market my recommendation would be to buy a futures contract at today’s price of 1,300 while placing your stop below yesterday’s low of 1,264 risking around $3600 but the true breakout will not occur until prices break the April 14th high of 1331.
TREND: SIDEWAYS
CHART STRUCTURE: POOR

Continue reading "Weekly Futures Recap With Mike Seery"

Proceed With Caution

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Friday, the 25th of April.

There's no question about it, these markets are in turmoil not knowing what to do. On one hand, the NASDAQ is showing a negative trend based on Trade Triangle technology, and the DOW and the S&P 500 are indicating a sideways trend at best.

Today I'm going to be looking at key areas to watch for in these markets and what to do if and when these levels are broken.

I still believe that the deal breaker in this whole equation is going to be what's happening in the Ukraine. With Putin flexing his muscles on the global stage and no one willing to stand up to him, he knows that he is going to win the game he is playing. Just yesterday, he indicated that sanctions mean nothing to him. That is the only weapon the west has or is willing to use against Russian domination of Europe. Like it or not, Putin’s aggression is going to cast a pall over all of Europe and a slowdown in business and the nascent recovery that was beginning to take place there. Continue reading "Proceed With Caution"