Tag: Crude Oil (NYMEX:CL.F16.E)

The Battle Continues - Who Will Win?

Posted on by The INO.com Team

Who will win the battle between the bulls and the bears that is raging in the equity markets?

Indices

This morning when woke up I did what I usually do - check the pre-market prices. I saw that all three indices were down over 1% for the day. It would appear that 1-2% swings are rapidly becoming the norm in the month of December.

I will be watching the RSI indicator closely today. If you are not familiar with this indicator we have a short video that explains how it works and how you can best benefit from it. I will also show you in today's video why I'm watching this indicator and where the trigger point will come in on the major indices. Continue reading "The Battle Continues - Who Will Win?" →

A Santa Claus Rally Or Will The Grinch Steal December?

Posted on by The INO.com Team

The massive equity market rally on Friday was driven by short covering and a jobs report that was more favorable than the market expected. This week is going to be a battleground between the bulls and the bears and is going to be a very important week, in my opinion. Are the markets going to continue last Friday's strengths or are we going to see a two-way trading market with a Grinch-like ending for December?

Since the beginning of December, I have been warning investors to be cautious as this month tends to be a difficult and volatile month because of the holidays. Not only do investors have the market to worry about, but also the threat of terrorism which I think is in the back of everyone's mind here and in Europe. Continue reading "A Santa Claus Rally Or Will The Grinch Steal December?" →