Fill in the Caption and ...

Posted on by The INO.com Team

Leave a comment on what you think would be the "perfect caption" for this photograph of helicopter Ben. Here's my caption,

"Please, please, let there be a retirement pension for me in January".

Just fill in the caption on what you think Ben Bernanke is thinking and have the opportunity to win a really cool INO.com thumb drive. Enter as many time as you wish. Team INO, will pick out the top three captions and post them along with the names of the winners this weekend. Good luck, stay tuned because you could be the next big winner.  Team INO.

Are we headed for a financial Armageddon? I don't think so

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 14th of October.

It's day 14 of the government shutdown and it's certainly getting down to crunch time where someone is going to have to blink. I think both parties know how angry the populace is with their childish behavior. In my opinion, the National Park Service should be fired for what they did with the open air monuments.

Last week's market didn't close badly with the expectation that we would have a resolution in place this past weekend. That was not to be case and the major indices are lower this morning.

UPDATE: Apple (NASDAQ:AAPL) flashes a major buy signal. Continue reading "Are we headed for a financial Armageddon? I don't think so" →

Gold Chart of The Week

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.

Weekly Gold Report (October 14th through October 18th)

What can be said about the week that lies ahead? More of the same sounds about right. After Democrats and Republicans spent another full calendar week bickering and positioning, we seem to be no closer to a deal than we were in the prior week, and the threat of a default on debt continues to loom. Continue reading "Gold Chart of The Week" →

Gold Fixation

Posted on by The INO.com Team

What is it about gold that makes people view it differently than any other asset class, creating an almost religious fixation* on the metal?  As long-term monetary insurance, you would think that it would be among the more boring items; sort like insurance annuities.  But that is not the case.

Gold is routinely propped up on a pedestal and obsessed upon in the world of money and finance.  In actuality, gold is a geological element that has been deemed by humans to be money or to closely track monetary value, with a track record measured in centuries.   Why, there it is on WebElements‘ element chart bracketed by things like Mercury, Cadmium and Copernicium, among other 'precious' metals. Continue reading "Gold Fixation" →

Weekly Futures Recap w/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.

Cotton Futures-- Cotton futures for the December contract settled last Friday at 87.18 finishing down nearly 400 points this week with all the damage being done on Mondays trade as the tropical storm which was expected to possibly hurt the cotton crop pushing prices higher but the storm amounted to very little sending prices on Monday down 300 points as harvest continues here in the United States with poor chart structure at this time. The trend in cotton now is to the downside trading below its 20 & 100 day moving average; however the 10 day high is too far away right now so I’m advising traders to sit on the sidelines and wait for some better chart structure to develop as the commodity markets have turned negative in my opinion. The grain market continues to weaken and that also could put some pressure on cotton prices in the short term. TREND: LOWER –CHART STRUCTURE: TERRIBLE Continue reading "Weekly Futures Recap w/Mike Seery" →