Are the odds in your favor for an upmarket in July?

Posted on by The INO.com Team

During the past four years the month of July has generally been a positive one for the U.S. stock market. In 2012 the market witnessed its smallest percentage gain of just 1.25% for the month of July. As you can see during the past four years the general trend has been positive for the market in July, but the percentage gains have been decreasing annually since '09. During the month of July, the average gain over the last 4 years has been a very positive 3.34%. With our monthly trade triangles still in a positive mode I expect the month of July to be flat to slightly positive for stocks.

Here are the monthly returns for July, beginning in 2009. Continue reading "Are the odds in your favor for an upmarket in July?" →

Chart to Watch - Live Cattle

Posted on by The INO.com Team

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 the August Live Cattle. (CME_LE.Q13.E).

I hope you are having a GREAT week !!!

Live Cattle looks to be headed higher, so let's take a look at the August Live Cattle chart this week.

When trading futures we use the weekly MarketClub Trade Triangle to tell us the trend, and the daily MarketClub Trade Triangle for timing the entries and exits. Continue reading "Chart to Watch - Live Cattle" →

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.

Grain Futures--- The grain market today continued its bearish momentum with soybeans for the November contract down another $.21 at 12.30 a bushel as private estimates are starting to come out with 44 bushels per acre which could create a 3.40 billion bushel crop which would be their all-time record crop pressuring the new crop soybeans as the weather has been outstanding in recent weeks. Remember soybeans are trading far below their 20 and 100 day moving average looking to break major support at $12 and in my opinion I do believe prices are headed substantially lower here in the near future as the weather in the Midwest is absolutely astonishing with mild temperatures and constant rain and I believe record crops across the board in the next 3 months are coming. Continue reading "Weekly Futures Recap W/Mike Seery" →

Traders WhiteBoard Lesson 1

Posted on by The INO.com Team

Welcome to the New Traders WhiteBoard series. Each week, Adam Hewison will be sharing his favorite trading techniques with you.

Today's lesson will teach you a powerful, easy to use trading technique that will make you money.

Loading the player...

So what are you waiting for? Let's get started right away!

U.S. economy adds 195K jobs

Posted on by The INO.com Team

U.S. employers added 195,000 jobs in June and hiring was more robust in the two previous months than earlier estimated. The gains raise hopes for a stronger economy in the second half of 2013.

The Labor Department said Friday that the economy also added 20,000 more jobs in May and 50,000 more in April than initially reported. The unemployment rate stayed at 7.6 percent, but for a good reason: More people started looking for work. The government counts people as unemployed only if they are searching for jobs.

Americans' paychecks rose at a healthy pace and have outpaced inflation in the past year. Average hourly pay increased 10 cents to $24.01. That's 2.2 percent higher than a year ago. Over the 12 months ending in May, consumer prices rose 1.4 percent. Continue reading "U.S. economy adds 195K jobs" →