Isn’t It Time You Took A Look At These Two Portfolios?

How would you like to know exactly what to do the next day with any given market and the price you want to do business at? What if the odds are amazingly in your favor when you trade and approach the market this way?

Sounds like a no-brainer.

The trading approach I'm about to share with you is one that has proven to be successful in both bull and bear markets.

If this sounds like some "pie-in-the-sky," too good to be true idea - it isn't. I have been involved with the markets for many years and this is the one approach that I have seen consistently make money. In fact, it is the genesis of my success in the markets.

This trading approach produced gains of 65.3% and 77.1% last year. Was that a fluke or just sheer good luck? How much does luck count in the market? Very little in my opinion, what really counts is having an approach that is well thought out and has proven to be successful. Once again, luck has nothing to do with that. The only lucky thing is perhaps you're reading this post and beginning to understand that there is a way to make money in any kind of market.

This well planned out approach has produced gains in one of our strategies as high as 501%, with the lowest gain being 35.3% in 2010, it has never had a losing year.

Here are the results from that approach: Continue reading "Isn’t It Time You Took A Look At These Two Portfolios?"

Chart of The Week - E-Mini S&P 500

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.

The major US stock indices pushed into record high territory late last week ahead of the start of the second quarter earnings season. To start this week, we see equity markets on a lower track following strong US economic data last week. Japan and European shares underwent profit taking, and with a relatively light US economic calendar ahead of the release of Wednesday’s FOMC minutes, we may see a round of profit-taking following last week’s record high print.

Friday, July 4th, saw a consolidation within the previous day’s range with light holiday volume after the 7 previous sessions had finished in the green. As we open the week on a bearish note, I would look to be a seller in the September E-mini S&P 500 just below Friday’s low of 1973.50 or better. My downside objective would be just above the underlying long-term trend-line at 1950. I would place a protective stop-loss order just above Friday’s high print at 1978.00. Should the market follow through to the downside, I would roll my stop order behind the position accordingly. Continue reading "Chart of The Week - E-Mini S&P 500"

Weekly Futures Recap With Mike Seery

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 in the August contract went out on a sour note this shortened holiday trading session down $12 at 1,318 reacting negative to the U.S jobs report which came out at 288,000 new jobs as the economy is improving as the S&P 500 hit all-time highs once again today as the money flow is coming out of gold and into equities and that has been this precious metals problem for quite some time as there is not a lot of demand for gold currently. I am sitting on the sidelines in this market but I have a couple of trading recommendations if you are bullish gold and think prices will continue to move higher buy at today’s price of 1,318 place your stop below the 10 day low of 1,305 risking $1,300 per contract and if you’re bearish gold and think that its finally topped out you would sell at today’s price while placing your stop above Tuesday’s high of 1,335 risking $17 or $1,700 per contract as the chart structure has become very tight in the last 2 weeks. As I’ve talked about in previous blogs I do believe the stock market will continue to move higher and I believe that gold here in the short term still looks negative in my opinion unless something crazy comes out of Iraq.
TREND: MIXED
CHART STRUCTURE: EXCELLENT

Continue reading "Weekly Futures Recap With Mike Seery"

Weekly Futures Recap With Mike Seery

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 in the August contract basically finished unchanged for the trading week with very little volatility trading at 1,319 still right near a 3 month high and if your currently bullish this market I would buy a futures contract at today’s price while placing my stop below the 2 week low which currently stands at 1,260 risking around $6,000 per contract, however that chart structure will improve dramatically in the next couple of days as volatility has really slowed down as we enter the Fourth of July holiday weekend. I am currently sitting on the sidelines in this market as I’m waiting for better chart structure to develop which is already currently happening and if you’re looking to get short this market I would sell at today’s price while placing your stop above today’s high of 1,325 an ounce risking around $600 per contract as if prices break that level to the upside I would have to think the trend has definitely turned bullish. Gold futures are trading above their 20 and 100 day moving average as the chaos in Iraq is certainly propelling prices in recent weeks as gold had a bearish trend for quite some time actually hitting 1,240 earlier in the month so I’m not totally convinced where prices are going to and that’s why I’m sitting on the sidelines.
TREND: HIGHER
CHART STRUCTURE: IMPROVING

Continue reading "Weekly Futures Recap With Mike Seery"

Chart of The Week - E-Mini S&P 500

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.

As we start the week our attention turns to the September E-Mini S&P 500 (CME:ES.U14.E) as it looks to extend a 6 day winning streak. US equities have benefited from the dovish and accommodative tone from the FED last week. Existing home sales and manufacturing PMI data have added an additional boost to the market this morning. Coupled with last week’s support, the path of least resistance in the S&P 500 is a move higher. The primary concern that could spark profit taking in this market are the geopolitical risks surrounding the conflict in Iraq which has given early strength to the Crude Oil market.

As we turn to the chart, last week we saw a breakout of a consolidation pattern in an overall strong bull trend last Wednesday, June 18. Since the breakout from this consolidation, the market has legged decisively higher to put in new all time high levels to close out last week. The market put in a new high print in the overnight session of 1959.75 and I expect this bullish momentum to continue this week. Continue reading "Chart of The Week - E-Mini S&P 500"