Gold (FOREX:XAUUSDO) Archives - Page 18 of 61

Big Week Ahead For Earnings, The Fed and Jobs

Posted on January 30, 2017January 30, 2017 by The INO.com Team

Hello MarketClub members everywhere. More than 100 of America's biggest corporations are set to report earnings this week with Apple Inc. (NASDAQ:AAPL) and Facebook Inc. (NASDAQ:FB) leading the headlines. According to many analyst Apple and Facebook are expected to be on the opposite ends of the earnings spectrum with Apple being the laggard and Facebook being the leader this week.

Then there is the Federal Reserves midweek meeting where it's expected that they will keep rates steady and unchanged after the meeting. However, traders will be looking for signs about the possible timing and pace of future rate increases.

Friday's jobs report will shed some light on the health of the U.S. labor market, which after last weeks GDP dip may be the only bright spot in the U.S. economy.

Key levels to watch next week: Continue reading "Big Week Ahead For Earnings, The Fed and Jobs" →

Gold & Silver: Reversed! What's Next?

Posted on January 30, 2017 by Aibek Burabayev

It’s ironic that people often get puzzled when they get what they wanted or dreamt about. Those who had dreamt of having a baby often panic when the baby is born and think what should we do with this cute toddler?

We are now in the same situation. I called for market a reversal last month and now we got it! Hmm…what’s next? Now that my prediction raised a ton of money I need to carry on using chart analysis only.

Chart 1. Gold Daily: The Santa Claus Rally!

Chart courtesy of tradingview.com

It was not easy at all for gold to escape from captivity of the blue downtrend. I extended it on the chart above to cover the whole move down as in the previous chart it was half as short as such deep was this move. Continue reading "Gold & Silver: Reversed! What's Next?" →

U.S. Economic Growth Slows To 1.9% In Fourth Quarter

Posted on January 27, 2017 by The INO.com Team

Hello MarketClub members everywhere. U.S. economic growth slowed more than expected last quarter on the biggest drag from trade in six years and more moderate consumer spending. However, business investment did pick up, which may be a sign that we can expect faster expansion in 2017.

The gross domestic product (GDP), rose only 1.9 percent in the 4th quarter on the heels of the 3rd quarter's 3.5 percent gain which happened to be the largest increase in two years. The reading fell short of expectations of economists surveyed by Bloomberg News, who had forecast a 2.2 percent annualized growth in the period. Consumer spending, the biggest part of the economy, climbed 2.5 percent, in line with projections.

The results capped growth at 1.6 percent for the full year (2016) and reinforce the leading role of household purchases while showing that businesses are starting to spend again. The strong job market and optimism among consumers and companies for President Donald Trump's policies are likely to keep growth humming along in 2017, though tensions over trade could temper any gains.

Key levels to watch next week: Continue reading "U.S. Economic Growth Slows To 1.9% In Fourth Quarter" →

Stocks Head Lower As Trump Anxiety Grows

Posted on January 23, 2017 by The INO.com Team

Hello MarketClub members everywhere. Stocks and the U.S. Dollar are falling as President Donald Trump promised a "very major" border tax and signed an executive order on Monday to withdraw the U.S. from the Trans-Pacific Partnership (TPP) trade deal and all indications are that he will sign an order to renegotiate the North American Free Trade Agreement (NAFTA) as he begins his reworking of America's trade relationships.

Most investors are also awaiting further details on the new president's plans to boost government spending before jumping back in the market. Are you one of the investors waiting?

Key levels to watch next week: Continue reading "Stocks Head Lower As Trump Anxiety Grows" →

Stocks Rise As Trump Takes Office

Posted on January 20, 2017January 20, 2017 by The INO.com Team

Hello MarketClub members everywhere. Stocks are trading higher today as all eyes turned to Washington for Donald Trump's inauguration.

The Dow gained more than 100 points before sliding lower as Trump took office, with The Procter & Gamble Company (NYSE:PG) and International Business Machines Corporation (NYSE:IBM) contributing the most gains.

The broader stock market had rallied significantly since Trump's victory on the hopes of more government spending, lower corporate taxes and deregulation of some sectors. However, stocks have traded mostly sideways for the past month as investors look for more details about Trump's proposed policies. Which trend will prevail in the long-run?

Key levels to watch next week: Continue reading "Stocks Rise As Trump Takes Office" →

Tag: Gold (FOREX:XAUUSDO)