Tag: Guest Bloggers

Chart to Watch - Wheat

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 Wheat (ZW.Z12.E)

I hope you had a GREAT week !! Wheat made a strong bull swing in June and July and has since been in a sideways consolidation.

The consolidation looks to be forming a classic Head and Shoulders base pattern and if Wheat trades higher from here that would be a breakout of the neckline. Continue reading "Chart to Watch - Wheat" →

The Gold & Silver Speculator

Posted on by The INO.com Team

The Gold & Silver markets continue to take giant leaps forward as the calendar heats up early September. After 3 consecutive weeks of solid performance to the upside, Gold rests just shy of $1700 while Silver marks time near $32.25.

Major short covering and new momentum buying before/during/and after the Jackson Hole Symposium has been fueling their moves higher. As elated as the Bulls are, there is danger on the edge of town.(The End, The Doors) Look out for Weird Scenes Inside The Gold Mine.

A potentially massive macro event risk loom large in the form of “Super Mario’s” ECB Decision tomorrow and next week’s FOMC Meeting. The current paths of least resistance for these Heavy Metals. Hard Currencies are up but face enormous near-term obstacles should either meeting disappoint/fail to satisfy. We could very well be in an environment where these event risks could trigger enormous moves in either direction. Be prepared. Continue reading "The Gold & Silver Speculator" →

What to Do When – Not If – Inflation Gets Out of Hand

Posted on by The INO.com Team

By Jeff Clark, Casey Research

The cheek of it! They raised the price of my favorite ice cream.

Actually, they didn't increase the price; they reduced the container size.

I can now only get three servings for the same amount of money that used to give me four, so I'm buying ice cream more often.

Raising prices is one thing. I understand raw-ingredient price rises will be passed on.

But underhandedly reducing the amount they give you… that's another thing entirely. It just doesn't feel… honest. Continue reading "What to Do When – Not If – Inflation Gets Out of Hand" →

Bernanke Plays it Perfectly

Posted on by The INO.com Team

From last week’s opening segment:

“Another way to look at it is that the market’s fate appears to rest with the jawbone of the man about to speak at Jackson Hole on Friday.”

From last week’s closing ‘Wrap Up’ segment:

“I think the theme now is that if you are a trader and if you have profits it is a logical time to take some or all of them.”

We know that the decelerating economic backdrop (with inflation measures in check) is supportive of a Fed going unconventionally dovish in unleashing QE style policy if it so chooses.  We also know that the political backdrop is not supportive, with Republicans sounding off about a gold standard and a soon to be former Fed chief. Continue reading "Bernanke Plays it Perfectly" →

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 Review (09-04-2012)

 As anticipated, last week began with a choppy-to-lower trade in the Gold market after the prior week’s strength. It was expected that there would be an early hangover in the trade after Gold futures broke above the second wedge pattern (as seen on the chart provided) and awaited news from the Jackson Hole Symposium. While the last two years provided dependable, long term programs to base trades from (QE2 in 2010 and Operation Twist in 2011), this year was far less exciting.

Any trader that was involved in the markets last week, especially in the Precious Metals, has already read through Ben Bernanke’s speech, so there is no reason to repeat every word in this article. In short, there were no major changes in policy announced from Jackson Hole, but the FED continues to monitor the markets and stands ready to act if deemed necessary. Sound familiar? Continue reading "Gold Chart of the Week" →