Tag: Gold

Today's Video Newsletter: Uncertainty leads to choppy trading

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Thursday, the 31st of January.

Uncertainty ahead of tomorrow's monthly jobs report is contributing to choppy trading today. Following yesterday's disappointing fourth quarter GDP report, the Labor Department released a report before the start of trading showing a bigger than expected rebound by weekly jobless claims.

The Labor Department said initial jobless claims rose to 368,000 in the week ending on January 26th, an increase of 38,000 from the previous week's unrevised figure of 330,000. Economists had been expecting jobless claims to climb to 350,000 after hitting a five-year low in the previous week. Continue reading "Today's Video Newsletter: Uncertainty leads to choppy trading" →

Today's Video Newsletter: Will a name change save RIMM?

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 30th of January.

The big news today is that RIMM announced it will change its name to BlackBerry to maintain a single brand. It will have the ticker symbol "BBRY" on the Nasdaq Stock Market. Along with that news, they unveiled 2 new phones for their Blackberry 10 system. The questions remains, is this to little to late?

The markets are extremely flat and quiet today ahead of the Fed's monetary policy announcement due at 2:15 pm ET.

Let's take at look at the markets and see what the Trade Triangles are telling us.

Have a great trading day,
Jeremy Lutz

Click Here to view today's video

Today's Video Newsletter: Consumer Confidence Plunges

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Tuesday, the 29th of January.

The markets have largely shrugged off a report from the Conference Board showing that U.S. consumer confidence fell to a fourteen-month low in January.

The Conference Board said its consumer confidence index tumbled to 58.6 in January from an upwardly revised 66.7 in December. With the decrease, the index fell to its lowest level since November of 2011. This drop is a direct reaction to smaller paychecks and uncertainty about the debt ceiling. Continue reading "Today's Video Newsletter: Consumer Confidence Plunges" →

Today's Video Newsletter: Best January for stocks since 1997

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 28th of January.

January of 2013 turned out to be the best January since 1997. Now there are two worlds out there, one is the world of stocks, and the other one is the real world of main street. So, it's Wall Street versus main street and it looks as though stocks are going to do better on the upside based on the market itself. Whether higher stock prices translate into a better economy is another matter, but stocks look like they want to go higher.

Yahoo reports Q4 earnings after the bell. Tonight we will see if the magic of Marissa Mayer has rubbed off on Yahoo. You may remember that Marissa was a long time key executive and spokesperson for Google before joining Yahoo as CEO in 2012. We will be analyzing Yahoo (YHOO) today using our Trade Triangle technology. The question is, how can Yahoo monetize its 750,000,000 million users?

Along with Yahoo (YHOO), we will be looking at energy, precious metals, forex and the equity markets. Continue reading "Today's Video Newsletter: Best January for stocks since 1997" →

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 (January 28th through Feb 1st)

If anyone is trading any markets outside of Gold, you may be interested in knowing that this week is packed full of important reports in the United States, including a continuation of earnings reports, GDP, Payrolls, ISM, and even an FOMC announcement. There will also be Consumer Confidence Reports in the US and in Europe in this week’s reports, but if this week is anything like the last, the reports will pale in comparison to the importance of the technical analysis seen in the chart below.

After a ten trading day, $70 rally in the Gold Futures, prices failed again to break $1700 four days in a row. That technical failure was just what was needed to drop the market on its head and now we begin the week at trendline support. Continue reading "Gold Chart of The Week" →