Tag: copper

Kevin Puil: $4/lb Copper Is on Its Way

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The Metals Report: Kevin, base metals analysts from London to Sydney to Toronto are increasing their price outlook for copper. Do you agree with their bullish outlook for 2013?

Kevin Puil: Yes, I absolutely agree with their bullish outlook. In fact, I've been bullish on copper for quite some time. Although there have been many analysts purporting that the commodities cycle has run its course, I disagree. The fundamentals for copper remain highly favorable and I continue to see secular demand for most commodities, copper in particular. Industrialization and urbanization, especially in the BRIC (Brazil, Russia, India, China) countries, is not about to stop, and this continues to put pressure on copper miners, who struggle to keep up with demand. Supply growth has slowed due to lower grades, higher costs and political unrest. In addition, the new projects and mine expansions that were scheduled to come on-line haven't materialized, and if they do, it will not be in a timely fashion. Continue reading "Kevin Puil: $4/lb Copper Is on Its Way" →

Today's Video Newsletter: Did the right team win the Super Bowl?

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 4th of February.

Did the right team win the Super Bowl? Well, if you are bullish on the general market, the answer has to be no. If you are unsure on equities the answer is yes, the right team did win the Super Bowl. According to legend, when an AFC team wins the big one, the odds favor the stock market ending the year with a mediocre gain of around 3%. The last time the Baltimore Ravens won the Super Bowl the market closed down 11% that year. When a NFC team wins the Super Bowl, the stock market closes out the year with a average gain of over 10%. Maybe, just maybe, that is why the market is lower today? Continue reading "Today's Video Newsletter: Did the right team win the Super Bowl?" →

Today's Video Newsletter: NASDAQ joins the club, while NetFlix rolls the dice with "House of Cards"

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 1st of February.

NetFlix dives into original content with "House of Cards." Is NetFlix a house of cards or can it build its brand with its own content? We will look into this stock today and provide you with a thorough analysis of this stock using our Trade Triangle technology.

Along with NetFlix (NFLX), we will also be looking at energy, precious metals, forex and analyzing why NASDAQ has finally become a member of the club.

Crude Oil continues its climb closer to the $100 a barrel mark with continued problems and tensions in the Middle East. This is definitely not a market to be short. Continue reading "Today's Video Newsletter: NASDAQ joins the club, while NetFlix rolls the dice with "House of Cards"" →

Today's Video Newsletter: Uncertainty leads to choppy trading

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Thursday, the 31st of January.

Uncertainty ahead of tomorrow's monthly jobs report is contributing to choppy trading today. Following yesterday's disappointing fourth quarter GDP report, the Labor Department released a report before the start of trading showing a bigger than expected rebound by weekly jobless claims.

The Labor Department said initial jobless claims rose to 368,000 in the week ending on January 26th, an increase of 38,000 from the previous week's unrevised figure of 330,000. Economists had been expecting jobless claims to climb to 350,000 after hitting a five-year low in the previous week. Continue reading "Today's Video Newsletter: Uncertainty leads to choppy trading" →

Today's Video Newsletter: Consumer Confidence Plunges

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Tuesday, the 29th of January.

The markets have largely shrugged off a report from the Conference Board showing that U.S. consumer confidence fell to a fourteen-month low in January.

The Conference Board said its consumer confidence index tumbled to 58.6 in January from an upwardly revised 66.7 in December. With the decrease, the index fell to its lowest level since November of 2011. This drop is a direct reaction to smaller paychecks and uncertainty about the debt ceiling. Continue reading "Today's Video Newsletter: Consumer Confidence Plunges" →