Tag: Crude Oil

Daily Video Update: Why Fibonacci is so Important

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 19th of June.

How Fibonacci retracements work (video).

3 STOCKS ON THE MOVE TODAY:
The following stocks had monthly buy signals based on our Trade Triangle Technology and liquid volume of over two million shares traded daily.
RAYTHEON (RTN),COSTCO WHOLESALE (COST),and CABOT OIL & GAS (COG).

TODAY'S MARKET MOVING SECTORS and STOCKS: Continue reading "Daily Video Update: Why Fibonacci is so Important" →

Oil price rises on hopes Fed will boost US economy

Posted on by The INO.com Team

By CHRIS KAHN
AP Energy Writer

(AP:NEW YORK) The price of oil is rising on hopes that the Federal Reserve will announce new measures to stimulate the U.S. economy.

U.S. West Texas Intermediate crude rose by 79 cents to $84.06 per barrel. Brent crude, which helps set the price for oil imported into the U.S., added 4 cents to $96.09.

The Fed holds a two-day meeting that ends Wednesday, and in the past it has taken action to encourage Americans to spend and borrow. Many analysts think the struggles of the U.S. economy and Europe's debt crisis will compel the Fed to say or unveil something to try to boost confidence. Continue reading "Oil price rises on hopes Fed will boost US economy" →

Daily Video Update: Is it my imagination or did the Greeks just kick the can down the road again?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 18th of June.

While the eyes of the world were glued to the Greek elections, another election took place halfway across the world in Egypt. The outcome of that election could have far greater consequences to Western society than a little country in southern Europe.

I am, of course, talking about the potential for war between the Muslims and the Jews over Israel. This would not be a good thing for anyone. At no time in my career have I seen so many conflicting elements around the world, all of which portend to big changes in the markets. Continue reading "Daily Video Update: Is it my imagination or did the Greeks just kick the can down the road again?" →

Daily Video Update: Here is my predication for the elections in Greece this weekend

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 14th of June.

No matter what happens this weekend, it will not be good in Greece. They could either have a complete election stalemate, or the Greeks could vote to reject austerity, which means disaster. Ask yourself this question: who in their right mind would vote to have something taken away from them?

In all my years in the market, I don't believe anyone has seen anything quite like this before. It is certainly different this time. What does any good politicians do during this particular financial Armageddon that's continuing to build? They kick the can down the road, of course. What the world needs more than anything, in my humble opinion, are some real leaders to step up to the plate and figure out what has to be done. Let's face it, the Euro zone was flawed before it began. Continue reading "Daily Video Update: Here is my predication for the elections in Greece this weekend" →

Daily Video Update: Is it going to be a Greek tragedy this weekend?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 14th of June.

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4 STOCKS ON THE MOVE TODAY: Continue reading "Daily Video Update: Is it going to be a Greek tragedy this weekend?" →