Chart of The Week - Euro Futures

Posted on by The INO.com Team

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.

This week’s focus turns to the June 2014 Euro currency futures, where recent weak March PMI results leads to a downward path of least resistance. The recent sell off has been supported by ongoing talk that the US might be closer to raising interest rates than previously thought, giving lift to the US Dollar.

We have seen a sharp retracement from the recent swing high of 139.66 posted on March 13, 2014. Last Wednesday and Thursday, we saw two sharp sell offs on increased volume, which would confirm a bearish sentiment for this week. Following the two day sell off, Friday saw a consolidation within Thursday’s range, and we open this week looking for a bearish continuation.

Continue reading "Chart of The Week - Euro Futures" →

ZIRP Up Next?

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Everyone expects Janet Yellen to be a rolling over, inflationist stooge just like they did Ben Bernanke.  Bernanke came on board after Alan Greenspan had taken the Fed Funds rate up to around 5% if I remember correctly.  Inflationists and gold bugs thought they had it in the bag when 'Helicopter Ben' assumed control.

Indeed, Bernanke did what he was supposed to do (per the 'Helicopter 'Ben' script) as systemic stresses began to gather in 2007, addressing that pesky Funds rate, culminating in December, 2008's official ZIRP (zero interest rate policy).  Here again is the chart showing the S&P 500's 'Hump #3' attended by this most beneficial monetary policy.

spx.irx

As noted again and again, the much trumpeted 'taper' of QE is not only not a negative for the economy, we have made a strong case that its mechanics are actually a positive, in the near term at least.  But putting ZIRP on the table would be a whole different ball of wax. Continue reading "ZIRP Up Next?" →

Why The Bull Market Isn't Done Yet

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This month, the bull market officially celebrated its five-year "anniversary."

For some reason people think that's a big deal. It's almost as if the rally's birthday has led analysts to believe it's finally old enough to get in trouble.

How ridiculous.

There have been 25 major bull markets throughout U.S. history. Each of those runs has lasted about 900 days (2.5 years) on average -- with the longest spanning almost 14 years (1987 to 2000). The SP 500 gained an average of 103% during each of those periods. Continue reading "Why The Bull Market Isn't Done Yet" →

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.

10 Year Notes

The 10 year notes in Chicago this week sold off sharply due to the fact of Janet Yellen’s testimony stating that bond purchases that the Federal Reserve has been doing for several years now will come to an end in September with the possibility of rates rising 6 months after that date sending the yield on the 10 year note to 2.77% & in my opinion I think the bond market has started their bearish trend. Prices are trading below their 20 and 100 day moving average hitting an 8 week low and I’m recommending Continue reading "Weekly Futures Recap With Mike Seery" →

Checkmate Putin & Protect Your Portfolio

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Hi Blog Followers,

We are living in a pretty worrisome time. Right now, one man has a stranglehold on our financial future and he may be the cause of what could be America's greatest economic challenge since the 2008 meltdown.

So, what can you do about it? How can you both protect and profit from this volatile time?

I've completed an exclusive report that outlines strategic steps that you can take to checkmate Putin and protect your portfolio! There is no cost to instantly access this report.

View Now - Checkmate Putin & Protect Your Portfolio

I really hope you enjoy this report and fully absorb what disaster could be knocking at our door!

Best,

Adam Hewison
President, INO.com
Co-Creator, MarketClub