Gold Chart of The Week

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 (August 5th through August 9th)

I am probably not alone in thinking that I am happy to finally have last week in the rear view mirror. Despite the fact that most economists had their sights set on the September FOMC Meeting, there was still the possibility of a surprise decision to taper ahead of next month. After hearing the news that the FED will maintain their QE stance, we still had to deal with Central Bank announcements from the BOE and the ECB. Following the same supportive outlook, we looked ahead to the monthly Non Farm Payroll on Friday.

Despite decent figures from the private sector in the US, along with an improvement in the weekly jobless claims, the NFP did miss expectations. Considering the fact that Ben Bernanke and Co. have pegged their participation largely to the labor market, this miss bought the market at least another month of FED support. Continue reading "Gold Chart of The Week"

10 Reasons Why Obamacare Is Going to Ruin Your Medical Care… and Your Life

By Elizabeth Lee Vliet, M.D.

Of course you've heard of "liar loans"—in the heyday of subprime mortgages, unscrupulous lenders handed out mortgages to practically everyone with a pulse. "So you're saying you make $100,000 a year? Great, check this box titled 'McMansion.'"

We all know how this charade ended. Now Dr. Elizabeth Lee Vliet, M.D., an acclaimed expert on the subject of Obamacare, warns that the delay of the employer mandate by one year will force Americans into a single-payer system, raising insurance premiums and encouraging "liar subsidies" that might prove fiscally devastating. Not to mention that under the new health care system, you may well end up dead…

Dan Steinhart

Editor, Casey Research

Obamacare is a hodgepodge of new regulations, requirements, and penalties. I'd like to start by defining three terms, which, while obscure today, should begin to enter our everyday vocabulary as Obamacare continues to take effect: Continue reading "10 Reasons Why Obamacare Is Going to Ruin Your Medical Care… and Your Life"

Weekly Futures Recap W/Mike Seery

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.

Grain Futures--- The grain market continues their bearish trend with soybeans higher by $.15 in early trade only to selloff & make new contract lows at 11.81 finishing right near session lows and as I’ve been instructing traders or investors for quite some time I do believe prices are headed substantially lower in the next 2 weeks due to the fact that the weather is outstanding especially if we can get some warmer weather which should really propel the crop even more. Corn futures continue to move lower once again finishing down $.03 in the December contract at 4.63 a bushel also at new contract lows as I’m hearing from many farmers around the country & they are expecting over 200 bushels an acre which could produce a record crop this fall. Continue reading "Weekly Futures Recap W/Mike Seery"

Chart to Watch - SWKS

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. (NASDAQ_SWKS).

I hope you are having a GREAT week !!!

This week let's take a look at the monthly stock chart of SWKS.

When trading stocks with the MarketClub system we use the monthly MarketClub Trade Triangle to tell trend and the weekly MarketClub Trade triangle to time the trade. Continue reading "Chart to Watch - SWKS"

Strategies for Profiting from a Distorted Reality: Investing After QE

The Gold Report: After months of financial media coverage, investors are suffering from quantitative easing (QE) overload. At this point, what's important for investors to know about QE?

Chris Berry: QE appears to be one of the last arrows in the quiver of central bankers in the U.S., the Eurozone and Japan to try and resuscitate the global economy. Successive rounds of QE have failed to ignite demand, which was the stated purpose. Currently, a great deal of economic data supports a deflationary rather than inflationary view.

The Federal Reserve would love to create inflation, as this is the intended effect of easy money from the QE programs. So far, however, the most prevalent inflation we have is asset price inflation rather than in wage growth. This is not what the Fed wants. We're not seeing the "demand pull" inflation typically found when demand is outpacing supply. The two biggest overhangs in the U.S. economy right now are structurally high unemployment and a cratering velocity of money. Continue reading "Strategies for Profiting from a Distorted Reality: Investing After QE"