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.

Precious Metal Futures-- The precious metals in New York this week are slightly lower ending on a negative note this Friday afternoon with gold down $1 dollars at 1, 714 an ounce, down $16 for the trading week still trading below its 20 day moving average of 1, 713 and still trading significantly above its 100 day moving average at 1, 682 still kind of stuck in a sideways trend. Gold futures are still 5% below the contract highs in the December contract which happened on 2/29/12 at 1, 801 an ounce and has been trading in the high 1600s the low 1700s for several weeks now despite the fact that there could be a fiscal cliff coming up in about 45 days which generally would push up prices as a flight to quality, however this week that was not the case as investors basically are selling everything. Silver futures for the week were only down about $.30 currently trading at 32.32 an ounce down about $.35 this Friday afternoon still stuck in a sideways non-trendy pattern while trading above its 20 and 100 day moving average and I’m advising traders at this point to sit on the sidelines in silver and gold because there really is no trend in sight. Continue reading "Weekly Futures Recap With Mike Seery" →

Chart to Watch - Natural Gas

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 March Natural Gas (NG.H13.E).

I hope you are having a GREAT week !

This week we will take a look at March Natural Gas.

The monthly MarketClub Trade Triangle for Natural Gas is green which means the long-term trend is up. Continue reading "Chart to Watch - Natural Gas" →

Oil and Gas Volatility Creates Winners and Losers: Robert Cooper

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The Energy Report: It's been about one year since we last spoke, Robert. What do you think have been the most significant developments in the North American oil and gas industry since then?

Robert Cooper: It's a dynamic business, and a number of changes have occurred. First, the macroeconomic backdrop remains murky, resulting in persistent volatility in equity and commodity markets. Investors remain wary of putting on riskier trades because the visibility simply isn't there. The fear that some Monday morning we'll wake up with a negative surprise is inhibiting risk taking and impacting small-cap growth equities, particularly.

"The winners tend to be experienced managers with proven track records."

Second, the rapid increase in U.S. oil production has negatively impacted Canadian producer net-backs. The spread between Canadian light oil prices and the U.S. equivalent has been much more volatile than historical rates. The lack of pipeline capacity has exacerbated this trend and given rise to alternative methods of transportation, such as oil-by-rail. But overall, the "differential risk" has been added to the list of risk factors investors assume when investing in the oil and gas sector.

Finally, the natural gas market, after a period of massive oversupply, has, in our view, self-corrected and appears to have returned to balance. Continue reading "Oil and Gas Volatility Creates Winners and Losers: Robert Cooper" →

Why Copper Is a Critical Metal: Mickey Fulp

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The Critical Metals Report: In the past, there has been some confusion about the term "critical metals." What do you consider to be critical metals and why?

Mickey Fulp: Critical metals are the major metals that are used globally in industrial applications and are essential for world economic health. They include iron, aluminum, copper, the various iron alloys, zinc, lead, tin and uranium. These are the real "critical metals," the ones that enable the world's economy to function.

TCMR: So your classification of a critical metal is based on the need and the supply and demand, is that correct?

"Critical metals are the major metals that are used globally in industrial applications and are essential for world economic health."

MF: It's based on the fact that they have major tonnages mined and processed and are essential to industry and world economic health. Critical metals either trade on worldwide markets through spot, futures and options or they trade as bulk dry commodities, as iron ore does. Continue reading "Why Copper Is a Critical Metal: Mickey Fulp" →

Post-Election Thoughts

Posted on by The INO.com Team

The opening segment of NFTRH 212 did what an unbiased financial writer probably should not do and discussed politics. Then 24 pages of straight analysis followed.

Financial writers far and wide are weighing in on the US Presidential election result and its implications. So jumping into the ring, here are mine.

For the third cycle in a row I cast a protest vote. After voting for George Bush in 2000 (actually it was more a vote against Al Gore) I wrote in Ron Paul in 2004 and 2008. This year I voted for Gary Johnson, although I do not consider myself a Libertarian. I consider myself an independent who has long since been alienated from a two party system that looks a lot like dangerously competitive cartoons from opposite ends of a narrowly constructed ideological spectrum.

When you write a newsletter, you learn about being a newsletter writer; just like when you become a plumber, you learn a lot about plumbing. I once made an unfavorable public blog post about what I considered to be a cartoon that went by the name of Sarah Palin and was summarily served with an indignant email and subscription cancelation from an otherwise satisfied NFTRH subscriber. Lesson learned: There is little place for political commentary in financial analysis. Besides, political ideologues make really biased financial commentators; and in the markets bias just kills you. Continue reading "Post-Election Thoughts" →