Tag: Guest Bloggers

Weekly Futures Recap with 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.

Currency Futures--- The U.S dollar this week continued its grinding bear market hitting a fresh 1 year low against the Euro currency down for the 4th consecutive trading session trading far below its 20 and 100 day moving average continuing the trend downward and in my opinion I believe the U.S dollar is headed sharply lower in the coming months due to the fact of the constant printing of money from the Federal Reserve and the easy monetary policies of the Obama administration while the Japanese yen continues is unbelievable bearish trend hitting a new 2 ½ year low down 3 consecutive trading days on another 140 points this Friday afternoon at 10809 and as I’ve stated many times in previous blogs I believe the yen is going 105 -100 because the Japanese government is forcing their currency lower to try to spur exports and Continue reading "Weekly Futures Recap with Mike Seery" →

Chart to Watch - SWKS

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 Skyworks Solutions Inc. (SWKS).

This week let's take a look at SWKS which is an absolutely beautiful chart,as the price and volume action is all classic.

SWKS made a double bottom and then traded sideways since the middle of December in a Triangle chart pattern.

Today's action looks to be a break away gap.

Break away gap's are one of the most powerful signs there is, that a stock has made a bottom and will head sharply higher. Continue reading "Chart to Watch - SWKS" →

The Expected Housing Recovery Faces a Brick Wall

Posted on by The INO.com Team

Re-emergent house flippers are set to flop.

By Elliott Wave International

In 2005, a mania for residential real estate reached such a fever pitch that a series of cable television shows became entirely devoted to house "flipping."

Flipping involves buying a worse-for-wear house, making the minimum repairs necessary, then turning right around and selling it - ideally for a fast and

handsome profit.

Two years before the housing bust became painfully obvious to U.S. homeowners, EWI's publications warned subscribers that the housing market Continue reading "The Expected Housing Recovery Faces a Brick Wall" →

What the Narrowing WTI/Brent Price Gap Means for Investors

Posted on by admin

The Energy Report: U.S. oil prices hit their third peak of 2012 soon after your last interview with us, then bottomed around $85 per barrel ($85/bbl) in early November. Now they're back in the mid-$90s. What's causing the recent strength?

Elliott Gue: New pipeline capacity is alleviating some of the supply crude glut in places like Cushing, Oklahoma. As a result, West Texas Intermediate (WTI) has gained ground against Brent, which is now trading just under $114/bbl and has been in that same $107115/bbl range since August. Over the next year or so, a number of other pipelines will open up to the Gulf Coast, which will help narrow the spread between Brent and WTI.

TER: Will the increased oil supply at the Gulf refineries be good for gasoline prices? Continue reading "What the Narrowing WTI/Brent Price Gap Means for Investors" →

Commodity Chart of The Week

Posted on by The INO.com Team

Each week longleaftrading.com will be providing us with a commodity chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

The copper market is very sensitive to both Chinese growth statistics and US Housing numbers. Both groups have been trending in the right direction for months and that has given the copper trade a boost. Last week's US housing numbers missed, blunting a nice move off of support the prior week. It was reported last week that China's manufacturing activity in January grew at the fastest pace in two years, according to the preliminary HSBC China Manufacturing purchasing managers' index, which rose to 51.9 in January from 51.5 in December. This growth trend bodes well for China's 2013 economic outlook and it is in line with the comments from the IMF made the prior week, with respect to projected growth in China.

The fundamental forces at had set a nice backdrop for copper, but as we all know that does not amount to much if the market is not providing a way to enter a trade with a strong risk/reward profile. The technical developments in copper appear to be orderly and I will be looking to come into the copper this week based on the strong technical picture. Continue reading "Commodity Chart of The Week" →