The basic imbalance driving our economy is the government deficit, which spun out of control as a result of the Credit Crisis of 2008/9. But the sequester, improving tax base, lower interest rate, and elimination of stimulus spending have caused the big government deficit, while still extreme, to drop to half its previously nosebleed levels. Continue reading "Despite Declining Deficit, Foreigners Aren’t Bailing Us Out, So the Fed Will Keep QE Going"
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.
Precious Metal Futures—The precious metal futures ended lower this Friday afternoon with gold finishing down about $7 an ounce at 1,322 after settling last Friday at 1,293 up about $30 for the week which is pretty solid and I have been recommending buying gold when it broke out to a 4 week high above 1,302 and I still think gold has more room to run on the upside but make sure you do place a stop loss at the 10 day low if you are long the futures contract to try & minimize risk in case the trend does change. Gold futures are right at the uptrend line and if that is broken I think prices could head up to $1,400 here in the next month but I would be very suspicious & doubt if it has any more legs to pass those levels. The U.S dollar has been down substantially in recent weeks and that is helped push gold and silver prices higher as well as many hedge funds have taking profits on their short positions in recent weeks. Continue reading "Weekly Futures Recap W/Mike Seery"
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 26th of July.
In today's daily update, I'll be showing you how to best use our Trade Triangle technology to find entry points into trends that are already established. It's a simple way to look at the market and one I think you will find most effective. Continue reading "Today's Video Update: How To Find Winning Trades With Trade Triangle Technology"
We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of Coffee. (NYBOT_KC.Z13.E).
I hope you are having a GREAT week !!!
This week let's take a look at the December Coffee futures chart.
We use the weekly MarketClub Trade Triangle to tell the trend when trading futures and the daily MarketClub Trade Triangle to time the trade.
December Coffee is on a weekly green MarketClub Trade Triangle and a daily red MarketClub Trade Triangle which is just exactly the way we want the Triangles to line up for a buy setup. Continue reading "Chart to Watch - Coffee"
Hello traders everywhere, Adam Hewison here, coming to you from the digital studios of MarketClub. Today I want to share with you a trading tool that I learned a long time ago when I was member of the exchange and trading in the pits of Chicago.
It was there amongst all the hustle and bustle, standing shoulder-to-shoulder with some of the most successful traders in the world, that I learned one of the most important tools in trading. I have never forgotten this tool and in fact, I still use this tool everyday when I'm researching a potential trade.
See how MarketClub can help your trading. Get started today!
As computers get more and more sophisticated and are able to spit out trading algorithms faster than you can blink an eye, this simple tool continues to stand alone as a universal market truth. Little did I realize that this simple tool would prove to be so valuable.
So let's get started with this same tool that I have been using now for the past 30 years. I will also share with you one of the core secrets that most traders miss when they use this powerful trading tool.
It's a short lesson that visually illustrates when and how you should use this successful trading tool.
Every success and thanks for watching the video.
Adam Hewison
President, INO.com
Co-Creator, MarketClub
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