by phil - September 21st, 2004 7:54 am
by phil - September 21st, 2004 7:54 am
April 30th, 2016 1:50 pm
Submitted by Tyler Durden.
Despite their best efforts...
... the Donald made i...
April 30th, 2016 1:46 pm
Morning Reads: Kochs Try to Make Dark Money Darker; The Devil and John Boehner
Courtesy of BillMoyers.com
Dark money gets darker --> Paul Blumenthal at The Huffington Post: "Republicans in Congress are trying to decrease the already scant amount of disclosure for politically-active nonprofits — known as dark money groups. The legislative effort is unsurprisingly supported by the main political arm of the billionaire brothers Charles and David Koch." The bill workings its way through Congress would "eliminate the requirement for nonprofits to make a non-public disclosure of their d...
April 30th, 2016 1:01 pm
For the past year, Republicans had been pushing both the US Department of Justice and the FBI to move faster in their ongoing Hillary Clinton email probe, although as has been revealed recently, said probe is mostly being throttled by the DOJ allegedly for political reasons while the FBI, having scented blood, is eager to unveil its evidence against the frontrunning Democratic presidential candidate. Just last week, confirming there is indeed much bad blood between the two government agencies, senator Chuck Grassley who chairs the Senate Judiciary Committee im...
April 30th, 2016 10:58 am
Courtesy of Chris Kimble.
CLICK ON CHART TO ENLARGE
This chart looks at the Nasdaq 100 index over the past 10-years.
A potential “Head & Shoulders” (H&S) topping pattern could be in play, highlighted in red.
Even if this is NOT an H&S topping pattern, the following situation has me watching Tech very closely; the index broke 5-year rising support line (A) last fall and the rally over the past couple of months has it kissing the underside of lines (A) and (B) at (1).
The NDX “Kissed” the underside of dual resistance of late and has turn...
April 30th, 2016 9:10 am
Courtesy of Doug Short's Advisor Perspectives.The global rally in equities reversed and lost ground last week. All eight indexes on our watch list were negative for the week, and the average of the eight was a disappointing -2.18%. The range was considerable, from China's top-performing Shanghai Composite, down less than a percent to the Japan's Nikkei, down over five percent.
A Closer Look at the Last Four Weeks
The tables below provide a concise overview of performance comparisons over the past four weeks for these eight major indexes. We've also included the average for each week so that we can evaluate the performance of a specific index relative to the overall mean and better understand weekly volatility. The colors for each index name help us visualize the ...
April 29th, 2016 1:40 pm
Reminder: Harlan is available to chat with Members, comments are found below each post.
April 29th, 2016 1:15 pm
By Jacob Wolinsky. Originally published at ValueWalk.
The Psychology of Human Misjudgment | 25 Cognitive Biases | Charlie Munger @ Harvard UniversityGet The Full Series in PDF
Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.Published on Apr 10, 2016
The Psychology of Human Misjudgment talk by Charlie Munger. Also known as Charlie Munger's 25 Cognitive Bias talk.
Charlie Munger, the billionaire investor and friend of Warren Buffett gave this to talk to high level MBA programs and value investors, to help improve ...
April 29th, 2016 12:00 am
Courtesy of Benzinga.Related AMZN Amazon Up 10% Post-Earnings One Quarter After Big Disappointment: Is The Stock Always This Volatile? Mid-Day Market Update: Amazon Surges On Upbeat Results; ImmunoGen Shares Decline ...
April 28th, 2016 12:24 am
Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.
Remember this? It was Monday. PRGO is down from around $130 to under $100 since I started following it LAST WEEK. That's down almost 25% in a week, and almost 50% in the last year. So I wrote,
"Perrigo CEO Joseph Papa leaves Perrigo (PRGO) to lead Valeant (VRX) while PRGO issues a warning about missing earnings expectations. Not surprisingly, PRGO stock plummeted today.
Robert Ingram, Chairman of the [Valeant] Board, stated, "The Board has conducted a thorough search process and believes that Joe is the ideal leader for Valeant at this time. He has a strong shareholder orientation,...
April 25th, 2016 11:03 am
Reminder: OpTrader is available to chat with Members, comments are found below each post.
This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).
We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options.
Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.
To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...
April 21st, 2016 9:23 pm
Back on September 2, 2015 when bitcoin was trading at $230, we laid out the simplest and most fundamental reason why, irrelevant of one's ideological persuasion with "alternative" or digital currency - bitcoin would soar.
it was earlier this summer when the digital currency, which can bypass capital controls and national borders with the click of a button, surged on Grexit concerns and fears a Drachma return would crush the savings of an entire nation. Since then, BTC has dropped (in no small part as a result of the ...
March 4th, 2016 12:48 pm
Although we try to stay focused on finding and managing promising trade ideas, the comments in the comment section sometimes take a political turn (for access, try PSW — click here!). So today, Jean Luc writes,
The GOP debate last night was just unreal – are these people running to be president of the US or to lead a college fraternity! Comparing tool size? The only guy that looks semi-sane is Kasich. The other guys are just like 3 jackals right now.
And something else – if Trump is the candidate, that little Romney speech yesterday is probably already being made into a commercial. And all these little snippets from the debate will also make some nice ads! If you are a conservative, you have to be scared now.
Phil writes back,
I was expecting them to start throwing poop at each other &n...
December 15th, 2015 2:15 pm
We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more!
PhilStockWorld.com features the most important and most interesting news items from around the web, all day, every day!
News: If you missed it, you can probably find it in our Market News section. We sift through piles of news so you don't have to.
If you are looking for non-mainstream, provocatively-narrated news and opinion pieces which promise to make you think -- we feature Zero Hedge, ...
May 22nd, 2014 5:03 pm
"Hello PSW Members –
This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible. Feel free to contact me directly at firstname.lastname@example.org with any questions.
Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts. After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.) Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.
Thank you for you time!
Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...