The Results Are (Almost) In for Rare Earth Competitors

Posted on by admin

The Metals Report: Alex, what is your overview of the rare earth element (REE) space?

Alex Knox: The highlight is that two large deposits of light rare earth elements (LREEs) are coming into production: Molycorp Inc.'s (MCP:NYSE) Mountain Pass and Lynas Corp.'s (LYC:ASX) Mt. Weld deposit. The considerable increase in LREE production has eliminated the need for any market niche for these types of deposits, at least for the short-term.

I see a dramatic need for development of heavy rare earth element (HREE) deposits in the western world, now that China's crackdown on illegal mining has presumably cut into its production of HREEs. A number of companies have reached pre-feasibility or preliminary economic assessment (PEA), and one already has a feasibility study. Overall, I believe this space offers the most potential growth and the most potential to add new deposits.

TMR: Can investors make money in REEs? Continue reading "The Results Are (Almost) In for Rare Earth Competitors" →

Today's Video Update: Let's Face It, Bernanke Is A Wimp

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 Wednesday, the 17th of July.

Let's Face It, Bernanke Is A Wimp
To be fair to Fed chairman Bernanke, he is human and like all humans, he is not perfect. His weakness right now is he just wants to get through the rest of his term, which ends on the 14th of January 2014, and not rock the boat. I think if anyone has said that the QE program (yeah, printing money), now in it's fourth year, would take this long nobody would have believed it, including chairman Bernanke.

The reality is, QE looks like a trade that has gone bad and nobody wants to admit it. It was a bad bet (trade) the Fed made and they all have egg on their faces, but nobody from the Fed is ever going to say they made a mistake with the QE program, including Chairman Bernanke. Like I mentioned earlier, humans are known to make mistakes. Continue reading "Today's Video Update: Let's Face It, Bernanke Is A Wimp" →

Did you miss Adam on CNBC's "Closing Bell" with Maria Bartiromo?

Posted on by The INO.com Team

Here's Adam on CNBC's "Closing Bell" with Maria Bartiromo. Check out all of the stocks they talked about: Amazon (AMZN), NetFlix (NFLX), Wells Fargo (WFC) and Apple (AAPL)

Loading the player...

The 3 Essential Parts of an Elliott Wave Trade - Part 2

Posted on by admin

By Elliott Wave International

Three steps may sound simple enough. Yet if you have any experience trading, you know that nothing about trading is easy. Education is imperative. So is preparation.

Senior Analyst Jeffrey Kennedy knows that it takes skill, discipline and courage to execute a successful trade. His new book, Visual Guide to Elliott Wave Trading (coauthored with Wayne Gorman), picks up where Frost and Prechter's classic textbook Elliott Wave Principle leaves off: It gives you the perfect blend of traditional textbook analysis and real-world application.

According to Kennedy, there are three key components of a successful trade: Continue reading "The 3 Essential Parts of an Elliott Wave Trade - Part 2" →