As the New Year approaches us with hopes anew, here's to wishing you and your family a wonderful year ahead. Happy New Year! Every Success in 2018, The INO.com Team
The post Happy New Year! appeared first on INO.com Traders Blog.
It is the LAST DAY to become a new MarketClub Member during our Holiday Membership Promotion. While you can try MarketClub any time of the year, you won't have access to 50% off your first quarter as a member (And that's AFTER a 30-day $1 trial)! If you decide to stay after your trial period […]
The post Last Day - Join Before The Ball Drops appeared first on INO.com Traders Blog.
Here are the currencies and commodities that do well or poorly in January, historically. Statistics include how often the prices rise or fall, and by how much, on average. Tickers mentioned: USD Index, USDCAD, USDCHF, EURUSD, Natural Gas (NG, UNG), Corn (ZC, CORN), Silver (SI, SLV), Wheat (ZW, WEAT). Also, check out the best-performing stocks in January.
Statistics are based on monthly opening and closings prices, and do no reflect overall volatility that occurs during…
The post Best and Worst Forex and Commodity Performers In January (Seasonality) appeared first on Vantage Point Trading.
January is not a good month for the stock market overall. The S&P 500 is usually flat to lower during the month. BUT, there are individual stocks that excel in January, rising at least 70% of the time and producing as much as 17% gains during the month. Stocks mentioned: EQC, FAX, CYTR, ALKS, DIS, CRUS, LEN, HRS, ERIC, ALK, XLNX and OSK.
Seasonality is the study of how assets perform at certain times of…
The post Top Performing Stocks in January (Seasonality) appeared first on Vantage Point Trading.
This is a traditional post with a performance review of top currencies versus gold at the end of the year. The fiat money is represented by 7 currencies: US Dollar (USD) and 6 components of the US Dollar Index (DXY) placed by weight: Euro (EUR), Japanese yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish […]
The post Top Currencies Vs. Gold: Which Fiat Could Beat Gold in 2017? appeared first on INO.com Traders Blog.
by Andrew Womack
The music’s over. (For this year, at least.)
According to the Energy Information Administration (EIA), U.S. petroleum inventories (excluding SPR) fell by 14.2 million barrels in the week ending December 15, 2017. They stand about 2 million barrels (mmb) higher than the rising, rolling 5-year average and are about 96 mmb lower than a year ago. Commercial crude stocks fell by 6.5 mmb, […]
The post U.S. Production And Oil Inventories Expected to Rise in 1Q18 appeared first on INO.com Traders Blog.
U.S. markets opened higher and showed some momentum throughout Thursday’s session, while holding onto slight gains into the closing bell. The Russell 2000 showed the most strength after rising just over 0.3% to remain within 1% of its record high. The Dow fell shy of its all-time high by 37 points, but notched its 71st record close of the year after gaining 0.3%.
The S&P 500 added 0.2% and came within 7 points of a fresh lifetime high. Meanwhile, the Nasdaq showed some morning weakness after the open, but managed to clear near-term resistance after also rising 0.2%.
Argo Group (AGII) upgraded to Outperform from Market Perform at Keefe
BruyetteRoyal Gold (RGLD) downgraded to Hold from Buy at Canaccord
Starbucks (SBUX) initiated with a Buy at Tigress Financial
Sonoma Pharmaceuticals (SNOA) initiated with a Speculative Buy at Benchmark
CommerceHub (CHUBA) initiated with an Outperform at Northland
Friday's scheduled earnings include:
Applied DNA Sciences (APDN)
eHi Car Services (EHIC)
Gee Group (JOB)
RCI Hospitality (RICK)
Friday's economic reports (EST):
Baker-Hughes Rig Count - 1:00pm
Gold closed at $1,297.20 an ounce, up $5.80
Silver settled at $16.92 an ounce, up $0.16
Copper finished at $3.31 a pound, up $0.03
Crude Oil closed at $59.59 a barrel, down $0.38
Bitcoin Investment Trust (GBTC) settled at $1,937.00, down $213.00
Let me discuss what bear call spreads are since this might be the perfect time to start utilizing them...
[read more]
Make it a great holiday!
Todd Mitchell
U.S. markets opened higher and showed some momentum throughout Thursday’s session, while holding onto slight gains into the closing bell. The Russell 2000 showed the most strength after rising just over 0.3% to remain within 1% of its record high. The Dow fell shy of its all-time high by 37 points, but notched its 71st record close of the year after gaining 0.3%.
The S&P 500 added 0.2% and came within 7 points of a fresh lifetime high. Meanwhile, the Nasdaq showed some morning weakness after the open, but managed to clear near-term resistance after also rising 0.2%.
Argo Group (AGII) upgraded to Outperform from Market Perform at Keefe
BruyetteRoyal Gold (RGLD) downgraded to Hold from Buy at Canaccord
Starbucks (SBUX) initiated with a Buy at Tigress Financial
Sonoma Pharmaceuticals (SNOA) initiated with a Speculative Buy at Benchmark
CommerceHub (CHUBA) initiated with an Outperform at Northland
Friday's scheduled earnings include:
Applied DNA Sciences (APDN)
eHi Car Services (EHIC)
Gee Group (JOB)
RCI Hospitality (RICK)
Friday's economic reports (EST):
Baker-Hughes Rig Count - 1:00pm
Gold closed at $1,297.20 an ounce, up $5.80
Silver settled at $16.92 an ounce, up $0.16
Copper finished at $3.31 a pound, up $0.03
Crude Oil closed at $59.59 a barrel, down $0.38
Bitcoin Investment Trust (GBTC) settled at $1,937.00, down $213.00
Let me discuss what bear call spreads are since this might be the perfect time to start utilizing them...
[read more]
Make it a great holiday!
Todd Mitchell
U.S. markets avoided a three-session slide after squeaking out slight gains following another tight trading range. The Dow and S&P 500 climbed 0.1% and remain less than 1% away from all-time highs. The Nasdaq rose 3 points, or 0.04%, but failed to take out the prior high from last Friday. The Russell 2000 pushed near-term resistance before slipping a third-point, or 0.02%, into the closing bell.
Callaway Golf (ELY) downgraded to Sell from Neutral at Compass Point
Hancock Holding (HBHC) upgraded to Outperform from Market Perform at Hovde Group
Celgene (CELG) downgraded to Market Perform from Outperform at Bernstein
Edison International (EIX) downgraded to Hold from Buy at Edward Jones
Agile Therapeutics (AGRX) downgraded to Market Perform from Outperform at William Blair
Ignyta (RXDX) was downgraded to Hold at SunTrust
Thursday's scheduled earnings include:
Applied DNA Sciences (APDN)
eHi Car Services (EHIC)
Gee Group (JOB)
RCI Hospitality (RICK)
Thursday's economic reports (EST):
International Trade in Goods - 8:30am
Jobless Claims - 8:30am
Bloomberg Consumer Comfort Index - 9:45am
Gold closed at $1,291.40 an ounce, up $3.90
Silver settled at $16.76 an ounce, up $0.16
Copper finished at $3.28 a pound, unchanged
Crude Oil closed at $59.59 a barrel, down $0.38
Bitcoin Investment Trust (GBTC) settled at $2,150.00, down $210.00
Find out why covered calls are the most popular option strategy in the markets today.
[read more]
Make it a great holiday!
Todd Mitchell
U.S. markets avoided a three-session slide after squeaking out slight gains following another tight trading range. The Dow and S&P 500 climbed 0.1% and remain less than 1% away from all-time highs. The Nasdaq rose 3 points, or 0.04%, but failed to take out the prior high from last Friday. The Russell 2000 pushed near-term resistance before slipping a third-point, or 0.02%, into the closing bell.
Callaway Golf (ELY) downgraded to Sell from Neutral at Compass Point
Hancock Holding (HBHC) upgraded to Outperform from Market Perform at Hovde Group
Celgene (CELG) downgraded to Market Perform from Outperform at Bernstein
Edison International (EIX) downgraded to Hold from Buy at Edward Jones
Agile Therapeutics (AGRX) downgraded to Market Perform from Outperform at William Blair
Ignyta (RXDX) was downgraded to Hold at SunTrust
Thursday's scheduled earnings include:
Applied DNA Sciences (APDN)
eHi Car Services (EHIC)
Gee Group (JOB)
RCI Hospitality (RICK)
Thursday's economic reports (EST):
International Trade in Goods - 8:30am
Jobless Claims - 8:30am
Bloomberg Consumer Comfort Index - 9:45am
Gold closed at $1,291.40 an ounce, up $3.90
Silver settled at $16.76 an ounce, up $0.16
Copper finished at $3.28 a pound, unchanged
Crude Oil closed at $59.59 a barrel, down $0.38
Bitcoin Investment Trust (GBTC) settled at $2,150.00, down $210.00
Find out why covered calls are the most popular option strategy in the markets today.
[read more]
Make it a great holiday!
Todd Mitchell
by The Morning News
Yes, 2017 went off the rails. But what pushed it? We asked 29 of our favorite journalists, writers, and thinkers: What were the most important events of the past 12 months, and what were the least?
There are only 5 DAYS LEFT to become a new MarketClub Member during our Holiday Membership Promotion. Join MarketClub's community of traders who use our market-proven tools to scan for potential trades, analyze charts and trends, view entry and exit signals, and more. Learn more about MarketClub's tools. Try all of our tools for 30 […]
The post Holiday Membership - 5 Days Left appeared first on INO.com Traders Blog.
U.S. markets traded in a fairly tight range to start the shortened week while finishing mixed on light volume. The Nasdaq was the session laggard after falling 0.3% while trading in negative territory throughout the session.
The S&P 500 and the Dow slipped 0.1% and 0.03%, respectively, after showing some strength on the open while failing Friday’s highs. Meanwhile, the Russell 2000 added 0.1% after trading in a 5-point range but also made a lower low than the previous session.
Herman Miller (MLHR) upgraded to Outperform from Market Perform at Raymond James
Unitil (UTL) upgraded to Buy from Hold at Janney Capital
Agile Therapeutics (AGRX) downgraded to Market Perform from Outperform at William Blair
Ignyta (RXDX) was downgraded to Hold at SunTrust
Wednesday's scheduled earnings include:
LiveDeal (LIVE)
Wednesday's economic reports (EST):
MBA Mortgage Applications - 7:00am
Redbook - 8:55am
Consumer Confidence - 10:00am
Pending Home Sales Index - 10:00am
Gold closed at $1,287.50 an ounce, up $8.70
Silver settled at $16.60 an ounce, up $0.16
Copper finished at $3.28 a pound, up $0.04
Crude Oil closed at $59.74 a barrel, up $1.27
Bitcoin Investment Trust (GBTC) settled at $2,360.00, up $370.00
How do you know if your system is in a draw down or is broken? The answer is you don’t.
[read more]
Make it a great holiday!
Todd Mitchell
