Tag: Gold

Today's Video Update: The Global Economy Comes Into Focus

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 16th of January.

Concerns about the global economy are weighing on the markets after the World Bank cut its forecast for global economic growth in 2013.

The World Bank said it now expects the global economy to expand by 2.4 percent in 2013 compared to its June forecast for 3 percent growth. Estimates suggest the global economy grew 2.3 in 2012.

On a positive note, a report from the Federal Reserve showed a slightly bigger than expected increase in U.S. industrial production in the month of December.

The report showed that industrial production increased by 0.3 percent in December following a revised 1.0 percent jump in November. Economists had expected production to edge up by 0.2 percent. Continue reading "Today's Video Update: The Global Economy Comes Into Focus" →

Surprise Apple's iPhone 5 isn't selling so well after all

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 14th of January.

The so-called surprise that Apple is not selling as many iPhone 5's as it first expected, is no surprise to MarketClub members. Our first clue that Apple wasn't shiny and selling as many iPhones as everyone first thought came in October, over three months ago!! Our weekly Trade Triangle flashed an exit signal for Apple on 10/02/12 at $656.00. A major sell or short signal was given for Apple exactly one month later on 11/02/12 at $587.70.

Presently our Trade Triangle technology indicates that a short position in Apple stock is in order.

Remember the Amazon/Walmart trade we talked about last week? That trade is a spread trade to be long Amazon, while at the same time shorting a similar dollar amount of Walmart stock. What you are looking for in this trade is for the relationship between the two stocks to broaden, percentage wise, in favor of the long position. That could mean that Amazon keeps going up or it could mean that Walmart continues to erode, either way you'll make money if the stocks continue to diverge. This trade, or "hedge" trade as I like to call it, picked up 4% last week. This was far more than the general market did in any of the sectors. We still see this trade working as more and more of the middle class will be shopping online and not in brick and mortar stores, except for their food supplies. Continue reading "Surprise Apple's iPhone 5 isn't selling so well after all" →

Today's Video Update: Apple extends decline

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Tuesday, the 15th of January.

Apple has fallen as low as $483.95 today, that makes it 3 days in a row . The last time AAPL closed below $500 was on 02/15/2012. Apple slumped 3.6 percent Monday on concern that demand for its iPhone 5 is slowing. Will Apple beat earnings next week?

Stocks have dropped Tuesday despite a report that retail sales increased in December. Consumers bought more autos, furniture and clothing, despite worries about potential tax increases. Sales rose 0.5 percent in December from November, slightly better than November's 0.4 percent increase and the best showing since September, the Commerce Department said Tuesday. Continue reading "Today's Video Update: Apple extends decline" →

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 14 through January 18)

Week two of 2013 is behind us and as we look ahead to week three, the US earnings reports are on the front burner. This week, a few major US banks and heavy hitters like General Electric and Intel will report earnings and share their thoughts on potential growth. The sentiment of major corporations in the United States will be key again this year as they contemplate investing funds that were sidelined last year, due to political and economic uncertainty. Stock indexes seem to be pricing in favorable news as they climbed above the prior chart highs from September. The tricky part of the first earnings report of this year is the fact that movement in either direction will have to consider the upcoming debate in Washington surrounding the second half of the Fiscal Cliff, and whether the government can find common ground on taxes and spending. Continue reading "Gold Chart of The Week" →

How Should You Get Started?

Posted on by The INO.com Team

How much gold is enough? How much should you allocate to dividend-paying stocks? How much should you hold in cash? How can you sort through the vast number of opportunities out there?

When it comes to building and managing your retirement portfolio, it's common to feel overwhelmed and just want to throw your hands in the air!

One of the biggest surprises since starting Miller's Money Forever is the kind of questions I've received from our readers. The vast majority are about the process behind selecting investments and building a balanced portfolio, and very few are about this or that stock.

Most readers understand that sitting on cash during times of inflation is a bad thing. At the same time, they are reluctant to invest in an uncertain market. Continue reading "How Should You Get Started?" →