Tag: Guest Bloggers

Pullback off lows – The only pattern you need to know in downtrending markets

Posted on by The INO.com Team

 

As we go through the charts of the daily indexes and individual names we see a lot of Pullback Off Lows (POL) patterns.

Much like in uptrending markets Pullback Off Highs (POH) patterns are the only pattern you need to know, in downtrending markets the opposite applies.  In downtrending markets POL's are the only pattern you need to know for shorting. Those POL's are also the what to watch out for if you are long. That all said below are the daily charts of the indexes.  Continue reading "Pullback off lows – The only pattern you need to know in downtrending markets" →

Gold's "Contrarian Moment"

Posted on by The INO.com Team

By David Galland, Casey Research

Glancing at the news most days, it's hard not to feel like Bill Murray's character in Groundhog Day. In the event you are unfamiliar with the movie, in it Murray's character becomes trapped in the same day… day after day.

In the current circular condition, we have the powers-that-be assuring us that the next high-level meeting will finally produce a permanent fix to the broken economy, essentially solving the sovereign debt crisis. Then, in no more than a few days, or at most a couple of weeks, the fix is revealed to be flawed and the crisis again sparks into flames... Continue reading "Gold's "Contrarian Moment"" →

It seems so right – but it goes so wrong!

Posted on by The INO.com Team

By: Chris Irvin, Veteran Instructor & Trader at The Wizard

It is the most frustrating thing in the world!  You sift through, what seems like a million different stocks to find the perfect trade.  You time your entry perfectly, and at the moment you enter the trade the chart rolls over on you.  It is like the trading floor has a camera focused on you and everyone is told to do exactly the opposite of what you are doing.  You can almost hear the snickering.

Okay, we all know that doesn’t really happen, but there are times when it sure feels like it.  When we enter or exit a trade, it is as a result of something that convinces you that your stock is going to move in a particular direction for a period of time or the mover has ended.  Continue reading "It seems so right – but it goes so wrong!" →

Facebook's IPO Do-Over, This Time At $32

Posted on by admin

Clearly, Facebook's (FB) $38 IPO was a bust (because the price dropped). So, the "market" took matters into its own hands. First, it tossed out the Morgan Stanley (MS), Goldman Sachs (GS) JPMorgan Chase (JPM) triumvirate's hype, dismissed Nasdaq's day-1 blunders and ignored investors' cries of "Foul!" Then, it focused on the real Facebook: A large, unique company with broad market appeal, a global brand name, and a potentially bright future.

So, what is the result? $32 is the market-determined IPO price. Continue reading "Facebook's IPO Do-Over, This Time At $32" →

Precious Metals Market Manipulation?

Posted on by The INO.com Team

By Doug Casey, Casey Research

For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the price of gold skyrocketing. That would serve as an alarm bell, possibly panicking people all over the world, telling them to get out of the dollar. It's assumed, by those who believe in the theory, that the US Treasury is behind the suppression scheme, in complicity with a half-dozen or so large bullion banks that regularly trade in the metals. Continue reading "Precious Metals Market Manipulation?" →