Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

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.

Crude Oil Futures

Crude oil futures in the June contract settled last Friday in New York at 41.71 a barrel while currently trading at 43.77 up about $2 for the trading week. I’ve been sitting on the sidelines in this market as the chart structure does not my criteria to enter into a bullish position at this time. Crude oil prices are trading far above their 20 and 100-day moving average telling you that the short-term trend is higher as the bullish momentum continues despite the fact that last Sunday OPEC decided not to cut production sending prices sharply lower only to rally significantly over the last several days. That tells me that the short-term bottom is in place. At the current time the 10 day low stands at 39.00 which is too far away. However, we could be entering into a bullish position over the next couple of days once the chart structure tightens, therefore, allowing a tight stop loss lowering monetary risk as that’s what trading is all about. Continue reading "Weekly Futures Recap With Mike Seery" →

President Trump? President Clinton? Gold Up In Both Scenarios

Posted on by admin

Donald Trump and Hillary Clinton may have very little in common, but Barry Allan, vice chair of mining for Mackie Research Capital, says if either moves into the White House, the U.S. dollar will fall and gold will rise. A higher gold price bodes well for gold equities, and in this interview with The Gold Report, Allan and his colleague Ryan Hanley share the names of some of their top picks for this environment.

Donald Trump and Hilary Clinton

The Gold Report: Barry and Ryan, welcome back to Streetwise Reports. I'm excited to get your thoughts on the market and a few stocks. We've had the first wave of a possible uplift in the precious metals markets. The presidential election is coming up in the U.S. in November. What do you think a Donald Trump or a Hillary Clinton win would mean for gold, gold equities and the Canadian dollar?

Barry Allan: Looking at the election from north of the border and as it pertains particularly to gold bullion, we have taken the view that either a Clinton outcome or a Trump outcome would probably lead to a weaker dollar and, hence, a stronger gold price environment. From where we sit, either of those outcomes, whether it would be Trump, which seems to be controversial to say the least, or Clinton, which would result in a much more Canada-like budget, would probably not play well for the U.S. dollar. We see either outcome as being supportive of the gold price.

We also would layer in there oil prices, which we think are probably going to go higher. That will strengthen the Canadian dollar, but it will hurt the U.S. dollar as well. We see all those things conspiring to put us in a reasonably good gold price future.

TGR: Would that bode well for U.S. investors buying Canadian mining stocks? Continue reading "President Trump? President Clinton? Gold Up In Both Scenarios" →

Are Hasbro Results A Harbinger For Disney Earnings?

Posted on by Noah Kiedrowski

Noah Kiedrowski - INO.com Contributor - Biotech


I recently wrote a piece highlighting Disney as an inexpensive growth opportunity for long-term investors. My positive sentiment was rooted in many lucrative franchises such as Star Wars, Pixar, Marvel, ESPN and the legacy Disney brand turning out original content such as Frozen and Zootopia. Disney offers a deep and well-diversified product portfolio that is set to provide growth and safety well into the future. This portfolio gives rise to a basket of entertainment income streams via movies, licensing deals, theme parks, TV programing, resorts and distribution rights. Disney stock has been under pressure as of late due to increasingly worrisome revenue declines from the ESPN franchise. I felt this decline in the stock is unwarranted, and analysts underestimate the ability of Disney to evolve to the consumer and monetize ESPN via other means. My views were recently echoed by analysts at Pivotal Research which upgraded the stock from a hold to a buy and raised its target price from $104 to $122. JPMorgan Chase also reiterated its buy rating and a $118 target price. Disney has witnessed fantastic growth over the last decade and considering future catalysts in the pipeline; Disney appears undervalued. Disney currently sits at a P/E of ~18 along with a PEG of ~1.5 and has seen its stock fall from $122 to a current price of ~$100 or alternatively a ~20% decline. This presents a great buying opportunity in an inexpensive, high-quality growth stock.

Are Hasbro Results A Harbinger for Upcoming Disney Earnings?

Disney and Hasbro have established a mutually beneficial partnership as Hasbro’s recent quarterly sales increased by 16%. This double-digit increase in sales was largely attributable to the sales of Disney’s Star Wars and Princess franchises. Overall, Hasbro’s revenue grew to $831.2 million from $713.5 million during a time that is typically slower for toy makers. Hasbro’s strong numbers benefited from the late 2015 release of the new Star Wars film. CEO Brian Goldner stated “Retail and consumer demand for Star Wars remained very high” and that Hasbro’s line of Disney Princess characters was “very positive.” The Disney and Hasbro relationship is being leveraged for future movies such as the upcoming Captain America Civil War film as well. Continue reading "Are Hasbro Results A Harbinger For Disney Earnings?" →

Here Are Some Hard Truths About Trading - And Current Market Analysis

Posted on by The INO.com Team

Traders, there are few things I needed to get off my chest about trading, trading analysts, trading marketers, and this industry in general. Once the 10-minute rant is over, I jump into the markets to show you some interesting dynamics that could be indicating a rate hike is coming. I look at the sector analysis, the Yen, NASDAQ, and a few others.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Pendulum Experiment Snapshot: Promising Progress

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


Last November I brought an experiment to your attention based purely on the laws of physics. I called it the "Pendulum experiment." The idea of it was to pick the strongest and the weakest asset by performance in 2015 and to check if they will move back like a pendulum and exchange their performance position relative to each other – the weakest will become stronger, the strongest will become weaker.

Just to refresh your memory: the Nikkei index was the top performer and Palladium was the weakest metal (YTD November 2015). I want to express my gratitude for the active participation in voting; the results are in the graph below.

Chart 1. Nikkei vs. Palladium Voting Results:

Poll Results INO.com
Poll results courtesy of INO.com

The odds were in favor of Palladium with a margin of 5 votes (8%). It was almost a split even bet and we have another couple of months to see the final results. Now let us check the current progress of the assets as we passed the halftime period. Continue reading "Pendulum Experiment Snapshot: Promising Progress" →