Tag: Gold

Today's Video Update: Countdown To Syria And Other Important Market Elements

Posted on by admin

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 28th of August.

Countdown To Syria
There's no doubt about it, yesterday's news that the US was going to have a military response to Syria spooked the markets and sent the indices to their biggest loss in some time. Today, the markets are digesting what they went through yesterday. Of course, there are winners and losers in any economy, and tools like MarketClub's Trade Triangles can help you know when to hold and when to fold. Yesterday, I shared with you a major sell signal in Walmart (NYSE:WMT), potentially because of higher oil prices that are on the way. Continue reading "Today's Video Update: Countdown To Syria And Other Important Market Elements" →

Today's Video Update: Syria Shakes The Market

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 27th of August.

Syria Shakes The Market
Reading the news this morning, I see that we're going to strike Syria with cruise missiles and bombs as early as Thursday. How nice of us to announce what we are going to do in advance. No one knows what is going to happen when and if these events occur. All we can go on is the collective judgment of the market.

Bill Ackman Surrenders
Bill Ackman finally surrenders and shows how you can lose $500 million on a trade. In my humble opinion, activist investors should not be getting into old-style retail marketing stores like JC Penney (NYSE:JCP). Continue reading "Today's Video Update: Syria Shakes The Market" →

Gold Chart of The Week

Posted on by admin

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 26th through August 30th

A late week recovery in equities was enough to keep markets guessing on a direction as we inch closer to the September 18th FOMC announcement.

In the first half of last week’s trade, US equities were under pressure as traders booked gains on long positions in anticipation of a taper from the FED. But by late week, the “buy the dip” mentality that has supported equities for months returned and stopped the bleeding.

Until global markets are finally given the FED’s final decision on their Quantitative Easing plans, I believe traders should expect similar market behavior to what we saw last week. In light volume Summer markets, we should expect decent volatility on any news in the US, and abroad. Lighter volume markets give investors and traders the ability to create exaggerated swings in price with larger lot orders. Continue reading "Gold Chart of The Week" →

Today's Video Update: Tears for Sears after disappointing earnings

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 22nd of August.

What is it with these hedge fund managers who think that because they have been successful in one field, they can now go into managing big retail brick-and-mortar stores?

In my opinion, part of it has to do with ego and part of it has to do with what I call "walk-on-water-itis." This ego symptom is when you believe that you can't do anything wrong and that you're gifted with special talents. That is what I think happened to both Bill Ackman, who took JC Penney (NYSE:JCP) down the toilet, and Eddie Lampert, who is doing a pretty good job of the same thing to Sears (NASDAQ:SHLD). Continue reading "Today's Video Update: Tears for Sears after disappointing earnings" →

Today's Video Update: Time to buy the Dow and Netflix?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 21st of August.

The Dow (INDEX:DJI) has fallen back 61.8%, a key Fibonacci retracement level, and is now in an area where it should stabilize and start to move up once again. Everybody is waiting for the Fed minutes this afternoon, but I don't think there will be any change in the Fed policy for the time being.

With yesterday's news of Netflix (NASDAQ:NFLX) acquiring the exclusive broadcast rights to Weinstein films, Netflix stock shot up dramatically. I have been bullish on Netflix for some time and I continue to think this market is headed for an all time high around $300. Would I buy Netflix around current levels? Yes, with tight money-management stops. Continue reading "Today's Video Update: Time to buy the Dow and Netflix?" →