euro Archives - Page 32 of 62 - INO.com Trader's Blog

New Video: What are you doing for "Silly Season"

Posted on December 14, 2012 by The INO.com Team

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

WHAT ARE YOU DOING THE SILLY SEASON?
Well silly season officially starts tomorrow and goes through to the first week of January. This is when the markets become unpredictable and very thinly traded as most professional traders have left to go on vacation or to enjoy the season with their families. As for myself I'm off on a cruise over silly season and what I consider a well-deserved break from the markets. Every year it's good to have a solid break from the markets and come back refreshed.

What do you have planned for silly season? If you haven't voted already please vote on our poll. It's so was interesting to see what everyone is doing. As for the markets I expect them to get quieter and thinner until the second week in January when market action and volume begins to pick up. If you're following any one of our three portfolios you'll simply stick with the game plan as it has been proven time and time again that this strategy works.

VOTE IN OUR "SILLY SEASON" POLL HERE … Continue reading "New Video: What are you doing for "Silly Season"" →

New Video: Don't you wish you had a printing press?

Posted on December 13, 2012December 13, 2012 by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 13th of December.

DON'T YOU WISH YOU HAD A PRINTING PRESS?

Once again Chairman Bernanke comes to the rescue by stating that he wants to keep interest rates low forever. Not a problem Ben, just keep printing money until it's worthless. As a private citizen of the U.S. you're not allowed to have a printing press to print money, there's a reason for that, it's against the law. It seems to me that Bernanke and the Fed are pretty much doing what they want, and who cares if the money just keeps going down and down and down. The government has been pushing the dollar lower for years. One major concern I have is that you cannot remain a superpower for long with a fiat currency.

Fiat money originated in 11th century China, and its use became widespread during the Yuan and Ming dynasties.The Nixon Shock of 1971 ended the direct convertibility of the United States dollar to gold. Since then all reserve currencies have been fiat currencies, including the U.S. dollar and the Euro.

Next challenge … Continue reading "New Video: Don't you wish you had a printing press?" →

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

Posted on December 12, 2012 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 December 11, 2012 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 December 10, 2012 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.