Tag: Guest Bloggers

Chart to Watch - Orange Juice

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 Orange Juice (OJ.H13.E).

I hope you are having a GREAT week !

Orange Juice looks to be the big story right now in the commodity markets.

There is a citrus greening bacteria that is causing the Oranges to rot and this year is the worst year for that since 1969 - 1970.

Orange Juice looks to have made the breakout of a Cup with Handle pattern and all 3 MarketClub Trade Triangles, daily, weekly, and monthly were green as the price broke out of the pattern. Continue reading "Chart to Watch - Orange Juice" →

A Critical Year in Review: What's Next?

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China's export quotas triggered the investment rush for rare earth elements (REEs). John Kaiser of Kaiser Research Online summarized the first chapter of the REE story in his no-nonsense April 24 interview, "Rare Earth Juniors Have a Five-Year Window."

John Kaiser: Historically, REE prices have been very low due to China's abundant resources and its ability to produce them very cheaply. China is aware that it could become the world's biggest polluter when its economy eclipses that of the U.S. China is very concerned about making sure it has the raw materials on hand to assure its clean-energy future. The supply restrictions China introduced a couple of years ago were part of a campaign to clean up and consolidate its high-pollution industries. Those restrictions resulted in spectacularly high REE prices for export and substantially higher prices within China. Since July 2011, the drop in demand and China's inability to control smuggling resulted in a pullback in REE prices. To some degree, I think China wants its monopoly to end. China's ambitions go far beyond squeezing a few profits out of a market it controls. Continue reading "A Critical Year in Review: What's Next?" →

Peter Grandich: What a Turnaround in Junior Gold Mining Stocks Will Look Like

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The Gold Report: Peter, when we talked in the spring, you were essentially all in on a number of junior resource equities that were trading at what you believed were at or near their lows. Have you changed your course of action or are you still all in?

Peter Grandich: I am still on course. While 2012 may not have been the worst junior resource market by percentage losses, given the prices of metals now versus other markets and other market conditions compared to last year, it was the worst bear market since I entered Wall Street in 1984.

I've been in this market since the late 1980s, when it felt that if gold could just get over $400/ounce (oz), all would be well in the junior market. Now gold is at an average price of $1,600-something for the year, yet most companies did not do well. It is befuddling.

TGR: We are not far from exiting 2012. What is your perspective on the junior precious metals sector heading into 2013? Continue reading "Peter Grandich: What a Turnaround in Junior Gold Mining Stocks Will Look Like" →

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 (December 10 through December 14th)

I am not sure if I have ever been so happy to close the books on a week of trading, as I was last week on Friday. You wouldn’t think that it was that bad if you look at the daily chart today, but it was not easy to sit through either a short or a long position in the Metals last week. I will explain why.

The week began with Gold and Silver dropping below the support trendlines that were held from early November. They also were dropping alongside a weakening Dollar. I understood the selling from a technical perspective, but fundamentally I was a bit puzzled in the short term. Once support was found, Monday’s decoupling from the usual relationship to the US Dollar made holding new long positions a bit difficult. Furthermore, the rangy trade over the next four days had a “Groundhog’s Day” feel to it. It seemed as though Metals prices opened around the same price each day, closed the European Markets at the same price each day, closed the pit traded session at the same price each day, and closed the electronic session at the same price each day. Short option traders long for weeks like those, but futures traders had to be a bit uneasy. I know I was. Continue reading "Gold Chart of the Week" →

The Future of Managed Futures… Past, Present and Future!

Posted on by The INO.com Team

The first Managed Futures Fund may have actually been established around 1948, but the investment vehicle really became en vogue as Richard Dennis and his infamous “Turtles” gained in popularity. Richard Dennis, although working his way up from a runner, really began his reputation as large trader in the 70’s. The 70’s had crop failures to contend with and inflationary conditions which Richard Dennis could use his trend-trading style to position trade. By 1983, he believed that he could teach his methodology to an average woman/man to trade successfully as he had. He had been quoted by the Wall Street Journal in 1989 saying “We are going to grow traders just like they grow turtles in Singapore” thus coining the name “Turtles”! He selected his 21 men and 2 woman to learn the trend-following system with success, increasing his notoriety and adding some new traders to the spotlight. Actually about 60% of the trades may have lost money getting stopped out while the balance of trades were held with trailing stops to garnish more from the position. Other traders sprang up into the spotlight like Paul Tudor Jones and John Henry. The methodology is proprietary to the trader and never really divulged, so the entries, stops and the targets remain exclusive in most managed products. The trading model may take years to cultivate! Futures trading is a zero-sum game where there is a loss for every gain and vice versa. The challenge for the trader was to create a percentage to his/her favor! Continue reading "The Future of Managed Futures… Past, Present and Future!" →