Tag: Guest Bloggers

Gold Chart of The Week

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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 19th through August 23rd)

Market bulls were dealt a blow last week as stock traders began booking profit on long positions in expectation of a FED taper in their bond purchase program. The selling pushed the stock indexes lower throughout the week until the Dow suffered its largest weekly drop in over a year. Similarly, the US Bond Markets fell under pressure as traders continued to try to anticipate the FED’s next decision regarding Quantitative Easing and Interest Rates. Continue reading "Gold Chart of The Week" →

How to Remove Your Emotions When Trading

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I am always impressed by traders' emotional attachment to their positions. I too at one point was passionate about the companies and indices I bought and sold.

It took a while but after being betrayed over and over again (and losing lots of money) from these companies, I woke up.

I was not going to be successful by attaching myself to a company that I had no control over. So I embarked on a search to find a way to consistently profit in the market, just like I’ve seen many others do. I wasn’t looking for a “get rich quick” scheme, but I wanted a strategy that would allow me to remove my emotions from the process. I had reached my tipping point and my emotions could no longer be another derivative of the market. Continue reading "How to Remove Your Emotions When Trading" →

Weekly Futures Recap W/Mike Seery

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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.

Precious Metal Futures--- The precious metals have continued their bullish run this week with gold trading above their 20 day moving average but below their 100 day which stands at 1,382 going out this Friday at 1,371 after settling last Friday at 1,312 having one of its best weeks in quite some time and finishing higher 7 out of the last 8 trading sessions. Gold has been rallying due to the fact that the stock market finally looks vulnerable at these levels & a rotation out of stocks into gold is exactly what is happening with major resistance at $1,400. As I’ve been stating in previous blogs I do believe gold is going higher and I still recommend a long position either with a futures contract or possible bull call spreads because if the stock markets continues to head lower then gold will turn higher. Silver futures which I’ve been recommending a long position for quite some time are trading far above their 20 and 100 day moving average hitting a 3 week high settling last Friday at 20.46 in the December contract and going out this Friday at 23.37 up nearly $3.00 this week and is traded higher in 7 straight trading sessions with the next major resistance at $25. The reason I really liked the silver market was Continue reading "Weekly Futures Recap W/Mike Seery" →

Chart to Watch - SLW

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We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Silver Wheaton Corp. (NYSE_SLW).

This week let's take a look at the stock chart of SLW.

SLW is a Silver mining stock and tends to follow the price of Silver pretty closely.

For stocks with the MarketClub system, we use the monthly Trade Triangle to tell trend, and the weekly Trade Triangle to time the trades. Continue reading "Chart to Watch - SLW" →

Casey's Louis James Warns: 'Don't Try to Time the Market'

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The Gold Report: You warn investors against trying to time the market. If even experts don't know a bottom until it's behind them, how do regular investors know when to invest, when to buy the next tranches and when to cut losses?

Louis James: The wisdom of not trying to time the market is tried and true. Benjamin Graham said the same thing 60 years ago. I shouldn't have to defend this premise. Even though investors all know it, they fervently wish it weren't so; they just can't help themselves.

You can't time the market. A bureaucrat in Washington can open his mouth and send the price of gold up or down 5% in an afternoon.

Fortunately, we can look for value. Value tends to be slippery in the junior sector when you have a bunch of companies that, as Doug Casey famously says, are little better than burning matches. They have no income. Even the biggest players in the field are so volatile that Benjamin Graham would never touch them.

However, there are things that we can look for. We can compare companies to their peers. We can look at the ounces in the ground and see if something is out of whack. We can look at cash in the bank. The market is so beat up now that some companies with viable projects are trading for cash or less. It's actually possible in a market this beat up to make relatively low-risk acquisitions. Continue reading "Casey's Louis James Warns: 'Don't Try to Time the Market'" →