Tag: dow

New Video: Never Again In Our Lifetime, 12/12/12

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 12th of December.

12x12 = 144, A FIBONACCI NUMBER?
Never again in a lifetime are we going to see 12/12/12. Is 12/12/12 an omen for something greater to come or perhaps some pending disaster (Fiscal Cliff)? That remains to be seen, but for now let's just marvel at the fact that we are living through history, with a once in a lifetime date of 12/12/12.

TO BE OR NOT TO BE? THAT IS THE QUESTION ON THE "FISCAL CLIFF"
I would very much doubt that we are going to see the "Fiscal Cliff" resolved in 2012. I would probably be happy if the politicians could come to an agreement any time in the first quarter of 2013. As you know, perhaps better than myself, politicians being politicians are likely to kick the can down the road again in December.

TIME TO LOOK AT APPLE?
There's no doubt about it, Apple's perilous fall from grace shook many money managers in Q4. And it's doubtful that we will see Apple regain its former star stature any time soon. We believe that this stock is best looked at in the first quarter of 2013. Continue reading "New Video: Never Again In Our Lifetime, 12/12/12" →

New Video: Delta takes off

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Tuesday, the 11th of December.

Airline stocks are turning in some of the market's best performances in today, with the NYSE Arca Airline Index up by 1.7 percent. With the gain, the index has risen to its best intraday level in well over a year.

Delta Air Lines (DAL) has helped to lead the sector higher, jumping by 5.9 percent after announcing a deal to acquire a 49 percent stake in Virgin Atlantic for $360 million.

The markets have also benefited from some upbeat German economic data as well as optimism about the looming fiscal cliff.

A report from the Center for European Economic Research showed a bigger than expected improvement in German investor confidence. The report showed that the expectations index climbed to a positive 6.9 in December from a negative 15.7 in November, turning positive for the first time since May. The current conditions index edged up to 5.7 from 5.4.

Positive sentiment has also been generated by a report from the Wall Street Journal indicating that negotiations between the White House and Republican House Speaker John Boehner have progressed steadily in recent days.

Let's see what the Trade Triangles say about the markets today.

Every Success,
Jeremy Lutz

Click Here to view today's video

New Video: Copper soars on Chinese data

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Monday, the 10th of December.

Stocks are seeing modest strength in mid-day trading today. Upbeat data from China has been partly offset by political uncertainty in Italy.

Reports showed that Chinese industrial output rose 10.1 percent year-over-year in November following a 9.6 percent increase in October, while annual Chinese retail sales growth accelerated to 14.9 percent from 14.5 percent.

However, uncertainty about the political situation in Italy following news that Prime Minister Mario Monti intends to resign has helped to limit the upside for the markets.

Monti's decision to step down came after he lost the support of former Prime Minister Silvio Berlusconi's People of Freedom party. Monti said he would try to pass a budget for 2013 before resigning.

Let's see what the Trade Triangles say about the markets today.

Every Success,
Jeremy Lutz

Click Here to view today's video

New Video: Jobs and the Fiscal Cliff

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Friday, the 7th of December.

The U.S. added more jobs in November, sending stock index futures up in pre-market trading immediately after the report was released. The main numbers from the jobs report were encouraging, but the underlying report was mixed. The Labor Department said the U.S. added 146,000 jobs last month. The unemployment rate fell to 7.7 percent from 7.9 percent, the lowest since December 2008.

The unemployment rate fell largely because discouraged unemployed workers stopped looking for work, and weren't counted among the unemployed. Also, the Labor Department revised previously released jobs numbers downward, saying that employers added 49,000 fewer jobs in October and September than initially estimated. However, missing from the report is the effect that Hurricane Sandy has had on the job market in the northeast. We likely won't see that included in the report until February.

The market is also under the cloud of other challenges, notably the "fiscal cliff" drama in Washington. Congress and the White House are trying to hammer out an agreement on government spending and tax rates before Jan. 1. If they don't, government spending cuts and higher taxes will kick in. It doesn't help that House Speaker, John Boehner, said Friday that there has been no progress in negotiations to avert the "fiscal cliff" and called on President Barack Obama to produce a new offer.

Let's see what the Trade Triangles say about the markets today.

Have a great weekend,
Jeremy Lutz

Click Here to view today's video

New MarketClub TV: Who's on first?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 5th of December.
IN THIS EDITION OF MARKETCLUB TV:
We will show you exactly how to use MarketClub's Trade Triangle technology to give you your best money-making advantage. We will be covering stocks, futures, precious metals and foreign-exchange. Don't miss this video.

WHO'S ON FIRST?
"Who's on First?" is a comedy routine made most famous by Abbott and Costello in the 30's. Here we are some 80 years later and the politics of the day are similar to the comedy routine of Abbott and Costello. There doesn't appear to be anyone in charge and it doesn't appear to this observer that any deal is close and in the making.

But wait, there's more trouble down the road ... Continue reading "New MarketClub TV: Who's on first?" →