A Glimpse into the Coming Collapse

Posted on by The INO.com Team

By Jeff Thomas, International Man

Beginning in 1999, we predicted a systemic economic collapse that would take place in the First World and would impact all other economies. We began to list some of the "dominoes" that would fall as the collapse evolved and described that the "Great Unravelling," as we termed it, would take roughly ten years. At that time, we guesstimated that the first two of the dominoes, a real estate crash and subsequent stock market crash in the US, would begin in about 2005.

We were premature in this prediction, as the first of the crashes did not occur until 2007. And, truth be told, we have frequently been incorrect in the timing of the other dominoes. Whilst the actual events have been predicted correctly, our timing has often been incorrect. In every such case, the prediction has been premature.

Sadly, however, the prediction of the events of the collapse have been almost entirely correct. Continue reading "A Glimpse into the Coming Collapse" →

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.

Gold Futures

Gold futures are trading higher for the 2nd consecutive trading session ending the week slightly higher finishing up $13 this Friday afternoon at 1,253 near a 4 week high as there’s a possibility that gold prices have bottomed in the short term as 1,180 could be a double bottom. Gold is trading above its 20 day but below its 100 day which tells you the trend is mixed and I would still sit on the sidelines and wait for a real trend to develop at this time as I think there still a possibility of another retest of the 1,180 as the U.S dollar looks like it has bottomed and that might put some pressure on gold once again. Continue reading "Weekly Futures Recap With Mike Seery" →

Has Yahoo! Inc. (NASADAQ:YHOO) Lost Its Mojo?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Friday, the 17th of January.

The stock of the Yahoo (NASDAQ:YHOO) has had enjoyed a spectacular rise under the leadership of Marissa Mayer over the last 2 years. After chopping around the $12 to $13 level for much of 2009 to 2011, Yahoo took off on September 5, 2012 from $16.37 and stayed in a strong uptrend. It made a high of $41.72 on January 8, 2014.

This analysis of Yahoo! Inc.(NASDAQ:YHOO) is not to say the stock can’t go higher, perhaps later in the year, but rather noting certain technical elements that are falling in place that do not look good for this stock.

What Does This Company Do?

Yahoo! Inc.(NASDAQ:YHOO), a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. Continue reading "Has Yahoo! Inc. (NASADAQ:YHOO) Lost Its Mojo?" →

Happy 100th Birthday, Fed

Posted on by The INO.com Team

Excerpted from Elliott Wave International's market analysis

By Elliott Wave International

On December 23, the U.S. Federal Reserve celebrated its 100th birthday. When legislation creating its existence was signed on December 23, 1913 (in a sneaky move during a holiday week), Congress granted the Fed a monopoly on creating dollars backed by debt.

The ongoing QE program is an unprecedented use of that power. This chart of the Fed's stated capital of $55 billion compared to its total assets of $4 trillion shows the extent to which the Fed is the focal point of dollar creation and therefore credit creation.

As John Hussman at HussmanFunds.com points out, this ratio puts the Fed's leverage at a mind-boggling 73-to-1, making the average hedge fund manager (at 2.48-to-1, according to BofA Merrill Lynch's November survey) look like a conservatively invested widow by comparison. Continue reading "Happy 100th Birthday, Fed" →

Best Buy (NYSE:BBY) Implodes

Posted on by The INO.com Team

Best Buy Co., Inc. (NYSE:BBY) was one of the top performing stocks in 2013. Best Buy (NYSE:BBY) reported on Thursday that total revenue and sales at its established US stores fell in the all-important holiday season due to intense discounting by rivals, supply problems for key products and generally weaker traffic in December. After starting out the trading year of 2013 at $12, this stock performed like the energizer bunny and kept going and going and going for most of the year. It hit a high of $44.60 on November 13th, a month before the all-important holiday season reality set in.

What Does This Company Do?

Best Buy Co., Inc.(NYSE:BBY) operates as an e-commerce and physical retailer of consumer electronics in the United States, Europe, Canada, and China.

Was Best Buy's Implosion Predictable?

No one can predict with 100% certainty what's going to happen in any given market. What technical analysis can do, and does do very well, is put the odds in your favor and give you a high degree of confidence that something is going to happen. It also acts to protect your capital when things go wrong in a market. That is done through the use of money management and discipline, both of which I talk about frequently on this blog. Let me illustrate for you how two simple technical tools would have helped you avoid today's disaster in Best Buy. Continue reading "Best Buy (NYSE:BBY) Implodes" →