Thanks, after years of blood and blunders, I have reached a significant milestone – I don't lose money. Net net, I rarely have a losing week, market up, market down. And that I owe to you. Balanced positions. More premium sold than bought. Fundamental criteria applied to good companies, not momentum/ news headlines/ stock du jour/ triangle squeezies. But rather earnings, P/E, dividends, competitive position — the boring stuff that takes study, thought,….and patience. You have been a great teacher, and I have embarassed myself repeatedly day with how slowly I learn.
And it's a funny thing – if you don't lose, the gains start to pile up. The arithmetic is cruel to the downside, and becomes a gift in the other direction. And I'm in this for the long run, having made myself unemployable through a need for diversification. Moreover, what I've learned here has also elided into other areas, including real estate and ex-U.S. investment. Pretty cool. Have a great weekend.
Phil/BCS - Didn't realise they traded here. Should've known really. Thanks for the tip. managed to pick some up just before the close at a 15% discount to the UK closing price.
Hi Mr. Phill, I am a Venezuelan lady tormented by our politicall situation, who use to be an emerging market trader, and many other executive positins in the finance "arena" and now is trying to built a new concept and service for asset management for clients on my own, I am in the trial and learning process at the moment, I also invest for some friends and myself. I want to congratulate you , because reading you fill my days with a touch of irony (besides ,of course the spectacular market insight) that happens to give me energy, its a joy the remarks and comments even the pictures used, sometimes I just read it for the fun, I completily agree with your thouhts, though we belong to totally different cultures and enviorements and certanly realities Your readings is like a little hand helping me out to be in the market and fight for my devastated country where every single day we looe inches and yards of liberty. You shoul try to writte a book!
My watch list looks like a grid where Phil's recommendations went UP and everything else went DOWN! It looked something like an ad for Philstockworld. I am half in cash, followed the recommendations (AAPL TASR YHOO) on a 20K portfolio and still up 1% for the day. Thanks!
I read with great interest your statement the other day that the DX is unlikely to break 76 or there will be great hell to pay, torrential amounts of tears shed, and gnashing of dentures all over the world. Well. I have had several short DX contracts in the $78ish range during the last month and upon your two statements 1) don't be greedy, and 2) 76 could be a bottom, I yesterday put a buy GTC order to close my positions at 76 and for some inexplicable reason the DX spiked down after the close and now I can safely say that once again you have confirmed for me that you have been one of the best investment services I have yet to come across. Almost to the point that I'm beginning to think that maybe I'm completely wrong about my political stance as well. Almost. In any event, I wanted you to know that this has been my third execution based on your comments and recommendations that I have followed and this one has also worked to my advantage. My subscription fee has been more than justified for the next year and there's some left over to pay for my stay in Toronto this week, dinner at Joso's in the Yorkville section of town. If I smoked I'd have a Montecristo to salute you. Be well, stay well.
Way back did 20 of your suggested short BP Jan 11 26 P @ 4.3 now .85 — sold half. this am —
paid for a years sub AGain!! thank you very much!
You guys gotta give it to phil–the voice of reason yesterday, last nite and this morning.
I want to thank you for the FREE LL trade. I This was the first spread trade for me and promised to join your service if I made money. I closed the spread last week and will be joining next week when we return home.
Thanks for the USO mention, Phil, 140% on my USO lottery ticket in 12 hours, and no hesitation in taking the money and running — you have trained us well. Sometimes it's teaching, but with this kind of stuff, where you get whipped like a dog if you let 250% profit melt away, it's definitely training. Happy Fourth!!!
Thanks super helpful re: UGN example…..other inflation/market-correction-defensive-related play you threw out that has jammed UP in less than a month is TITN 6/14 $15 puts, up 40%. Excuse my enthusiasm but haven't had those types of gains in multiple plays in years let alone days doing it on my own…….maybe I should host the PSW infomercial!!!!
Phil/Eric/Cwan/Matt/Cap/etc.. - I've learned so much from all of you and want to thank you. I'm up 23% this month thanks to all of your advice - Thanks, guys!
Tesla et. al. – I've spent many months getting hammered shorting overvalued Momos, until, finally, I internalized Phil's message. Play small; give yourself plenty of room to double/move up the [lack of value] chain in terms of price. Play short; take [Musk's, eg.] latest bleep and sell the spike for a short time frame, because his tweets always come to naught. I've been coining money doing it, I just watch that premium melt away with scarcely veiled amusement. Swinging for the fences is for suckers [me, for a long time]. Those little gains really add up — $2k per week of evaporated premium and you could actually buy a Tesla by the end of the year!!
Phil - Another excellent teaching article - when you write like that it blows me away. Thank you!
I had the ideas from earlier articles but what I didn't have was enough understanding. The familiarity of ideas through repetition, re-working, revision - over time - the variation, the pulling out of implications - it all contributes to understanding and mostly thats on the student - but a good teacher (worth their weight in gold) makes understanding a pleasure.
I wanted to learn about trading options because it makes my brain feel better - fitter, healthier. Actually mostly it makes me happy to think about the trade and trading options.
You are a good teacher and I know that or I wouldn't value the subscription the way I do. It pays for itself through the pleasure of understanding alone.
Thanks for the oil tip Phil: Bot & sold the USO May 29 calls for net $125. Not bad for few minutes work.
Thanks, Phil. I really appreciate your sentiment and commitment! Just want to thank you for what you do for all of us.
I traded with Phil for approximately three years, and consistently averaged 80% returns yearly... some of which was due to my skills as a trader, but much was a direct result of what I learned as a member of Phil's site.... both from Phil, and the many talented traders that hang out there. Phil... if you are reading along... thanks, again for the approximately $ 3 mil I made tagging along with you.... in order to make you feel good for the work you did... I gave the government 50% of it all, so you made your contribution....
Thanks for your thoughts against buying BP ahead of earnings (yesterdays' member comments). It announced a loss of $3.3b and is down 3% in pre-market but still just above the bottom of the chaneel of $40-$50.
Phil, I have to hand it to you. It seemed that you were the only person on the planet that thought stocks falling was still possible. I am glad I listened. About the end of the year I was really beginning to second guess though. Thanks for suggesting taking some profits last Nov. It no longer looks like I missed much.
Hey Phil -- I want to thank you every chance I get for helping me to grow my previous portfolio to being profitable enough to pay off some debts my family had and left me with $1,000 left to use in the markets. You should know that your premium membership is amazing on many levels, You and your readers offer a ton of economic and statistical analysis that I was able to use in my clerical level job in finance. It's a shame that someone as talented and honest as you is not on television each night providing a true service to the investing public and not the clowns and hucksters that are talking up their books to dump on retail investors. Sorry for the long post. I had to say something to you that I never thought I would have the opportunity to. You helped put my family in an almost debt-free life through the stock and option plays that I made during my time as a customer of your service and that has made us very happy. You are a good man and I wish you and your family many years of joy and happiness. I wish I could do ads for you!
Phil, I don't know if I told you lately but you da man! I'm doing so much better following your guidelines. It's like you actually know what you are talking about. 8-) I've tried a lot of services and none of them are as comprehensive or honest AND successful. I appreciate all youz other guys/gals input as well…learning tons as a relative newbie to this game.
Phil, have to thank you for saving me today. I think the discipline I have learned from this site has helped me as much if not more than the actual picks.
I have been a "silent" member for the past year, and am 1,000 hours into the 10K hours of training (The last week is worth at least 500 hours!). Made lots of mistakes and misunderstood quite a few of Phil's calls, … some actually made money when reversed. The chat (Including the politics) is very engaging (Many great minds with international coverage), and a great companion, while nursing a trade gone wrong, through the night. The webinars (despite technical difficulties) are extremely useful. Thanks for your coaching … it has made me a consistently profitable trader, with a better understanding of what I do not know.
Phil - Wow…wow. The vision and inate grasp of the options world you posess is rather staggering. It's this type of experience that I really hope to develop. I'm afraid I still can't see the moves, but I WILL learn. I cannot thank you enough for the patience, knowledge and effort you put into this place. Please keep it going!
Phil – BTW, the new STP/LTP coupled with the income portfolio is Perfect! I do not trade all of them, very few actually since I work during market hours. However, following the trades real-time is very educational.
I did enter the ABX call if you recall, I rolled to July on that nonsense news that sent it tumbling. Out today for 110% gain (2.00 stop) not counting covering the loss from the earlier roll. Nonetheless, a good trade.
Keep it up…. Thanks
USO, QQQ- Phil, thanks for these plays. Out of USO for about 65% gain today and just keeping 1/4 QQQ.
All I can say is — I understand that the Universe sent me to PSW for a reason. So, I'm listening!! …and studying. Your commentary is literally outstanding. …and your members are impressive as well.
Phil - I'm with you just little bit longer than a month and you can not imagine how happy I am now, and not just because my P/L improved ( and I'm sure that it will be even better), but I found that the worst thing in trader's carrier is a LONELINESS. Here I found so many bright good guys, I looked for this service for years.
THANK YOU AND TAKE GOOD CARE OF YOURSELF BECAUSE I PLAN TO STAY HERE AND RIDE THIS CREASY MARKET WITH YOU FOR ANOTHER 20-30 YEARS
I've recently done exactly what Phil described. I upgraded my ability to trade the IRA acct. by transferring acct. from TDA to TOS. TDA would not allow spreads; TOS does. Neither will allow naked options. With spreads I am able to buy calls or puts several months out then sell front month calls or puts over and over. This allows me to collect premium, which is, of course, the goal. This wasn't an original idea. Phil put me onto it. Since the transfer I've substantially increased my performance in the IRA!
I have been a member of Phil's site for three years and counting, and my advice is that all investing takes time. There are o shortcuts, no secret way to riches. Same with Phil's site- you need time and patience to start benefitting fully from his advice. But it is often spot on and also very useful, especially to me as I try to keep a level head in this turbulent stock market environment.
I doubled down on our USO June $35 puts on Tuesday afternoon and listened to your posting yesterday and sold 1/2 midday and the rest I sold (luckily) at the top of the market yesterday with the last 1/4 of my contracts at 100% return in less than one day!
A generally reliable stock-trading strategy is to buy a stock when an insider has just reported a significant purchase to the SEC.
The theory is simple: the insider knows the stock is undervalued and/or knows there is good news on the way which will move the stock price up, and believes this move will be sustainable.
There are a number of services which notify subscribers when an insider buys stock in a company. Some services provide notification within minutes, transmitting the information to subscribers via email alerts. Insider Cow, which is allowing us to tap into their service, allows subscribers to choose which insider actions they wish to be alerted to.
Not all insider buys have the same ability to move a stock – some are recognized as meaningful and will attract traders and investors, while others are virtually ignored. Distinguishing between meaningful buying and insignificant buying is part of successfully trading this strategy. To complicate the matter, the meaningfulness of an insider buy – measured by the market reaction to it – is influenced by an ever-changing market environment.
When I began trading this strategy, about four years ago, I was using a software program developed by a friend which would access the SEC website and alert us when an insider filed a buy. The program would attempt to determine how bullish the purchase appeared to be. It would do this by calculating a score based on the available information. For example, if a CEO of company with market capitalization less than about $1 billion would buy $1 million dollars worth of stock, the program would toss out a relatively high score indicating that buying the stock was likely to result in a profitable trade.
Beginning around two and a half years ago, this method became more difficult to trade due to changes in day-trading patterns and market conditions. The first change we noticed was that we were losing our competitive edge. Faster, larger players (programs?) were buying
During the boom years, no place in America boomed more than Las Vegas. But when the economy collapsed, Vegas fell hard. Laura Ling tours the wreckage of Sin City, from unemployed strippers and half-built, abandoned casino projects, to hospitals turning away cancer patients and ambulances, to one of the few remaining boom industries--evicting people.
The forced "no notice" evictions in the Lost Vegas video are very disturbing. If someone is not paying the mortgage on their property and is evicted I have little sympathy. However, the video shows multiple instances of "no notice evictions" as many as 13 a day, that give renters as little as 20 minutes to leave with nowhere to go and no place to put their belongings, even if they are current on their rent.
This is theft in my opinion, and I am quite sure the practice is not limited to Las Vegas.
Evicting Entire Rental Buildings
In response to Lost Vegas, "Tin Hat" replied in a comment:
A friend of mine experienced a "no notice" eviction in Ft Lauderdale December of 07. Her rent payments had been on time.
Luckily for her, she caught wind of it/heeded the rumor a week before it happened and found a place to move. As she was taking the last few boxes out of her apartment, the State police showed up to start mass evictions. Those tenants that didn’t know, were forced to leave with what they could carry on their backs and nothing else. They were not allowed to go back for anything that was left. So they not only lost the roof over their head, they lost most of everything they owned.
What happened to those people who didn’t have some one to take them in on no notice?
Tenants rights? In these cases, there are no tenants rights. It’s disgusting. They force people into homelessness through no fault of their own. It’s unconscionable. IMO, if a bank is going to
This is a difficult essay for an American of this generation to read, because we have grown up with the assumption that the security of the United States is intimately tied to massive amounts of spending for military preparedness. The first response to any essay such as this is often an emotional one: "What about the troops?"
It requires an effort to realize that the vast majority of this spending has absolutely nothing to do with what the troops want or need. The recent examples of the lack of adequate armor on vehicles carrying troops, to the abysmal conditions in the military hospital system, are more than just anomalies. The military industrial complex, of which we had been warned in the farewell address of Dwight Eisenhower, does not value the troops, the US citizen army, highly in its equations.
The United States has reached its limit. It can no longer aspire to be ‘the world’s policeman.’ We are not able to do this and maintain a viable and healthy democracy at home. We are not protecting ourselves and our liberties; we are promoting the interests of pseudo-american global corporations around the world. As Mussolini observed, corporatism is fascism.
The global corporate complex, though nominally based in part in the US, exists for its own purposes, serves its own purposes, and consumes everything which we the American people hold most valuable: our lives, our liberties, and our pursuit of peace and happiness with justice for all.
"Some of the damage can never be rectified. There are, however, some steps that the U.S. urgently needs to take. These include reversing Bush’s 2001 and 2003 tax cuts for the wealthy, beginning to liquidate our global empire of over 800 military bases, cutting from the defense budget all projects that bear no relationship to national security and ceasing to use the defense budget as a Keynesian jobs program. If we do these things we have a chance of squeaking by. If we don’t, we face probable national insolvency and a long depression."
Why the U.S. Has Really Gone Broke Chalmers Johnson Le MondeDiplomatique
The charts below contain my most important tools and indicators. They will define my trading going forward, just as they have in the past. With each chart a brief comment stating the obvious.
[Click on charts for larger views]
The bars remain blue going into next week. But the False Bar Stochastic, channels and wave count are all warning that the end of a multi-month corrective Wave 4 is upon us. Still unconfirmed, but running out of room and running on fumes.
The Daily chart above flipped SHORT last week. The wave count and FBS are warning that another leg up is possible, maybe even probable. A recovery from last week’s decline would certainly suck in a lot bullish sentiment, just the psychology needed for the icing on that Weekly Wave 4 end, a culmination rally sucker-punching the bears.
240 minute SPX
Not all charts help the analysis, as is the case with the above 240 minute chart. But it does define our dilemma; Which way, which way?
30 minute SPX
So we drill down to a chart that does add tactical perspective. At first glance, this looks eerily close to the Weekly chart. But it’s a 30 minute SPX. The portrait here is of a definitive end to a Wave 4 correction and the first red bar of Wave 5 down. On the shortest tactical time frame we see what could be the beginning of a massive bearish formation that will infect all of the above charts and bring into the play a significant decline, or more accurately, the significant decline.
Bottom line is that the resumption of the Bear Market in a big, big way is upon us. If it hasn’t started yet, it will soon enough. Significant weakness next week will seal the deal. Absent that, another week, maybe two will be needed for an almost perfect set-up for an almost perfect storm.
My recent publication of The Bilderberg Depression [written by Paul Joseph Watson, borrowed from me, here, borrowed from Global Research, possibly borrowed from Prison Planet] has received a lot of attention across much of the blogosphere. It appears to have hit a nerve as immediately upon its publication my blog’s daily hit count increased by about 25%. More significantly for us, it has brought someone out into the open (relatively) who has been contributing to this blog through his ideas and forecasts for about the past 18 months. Some of my very best "lucky guesses" from past blogs were the direct result of information passed along to me by this mystery voice. Up until the Bilderberg post, he had asked me not to disclose his participation, relationship to me, or even his existence.
But The Bilderberg Depression has changed all that. Within an hour of publication of that blog I heard from him. As in the past, he again wanted me to pass along some information through this blog. Only this time I persuaded him to post himself. The post below was his response and I can attest to the veracity of everything disclosed in the post that relates to me and my relationship this individual and his group.
I have known this person since my days as an attorney in Georgia. The circumstances surrounding how and in what capacity we met is not something I can disclose. Nonetheless, he has never suggested anything to me that did not occur just as he described it would. The accuracy of his forecasts and the breadth of knowledge he has shared with me over the years suggests very strongly that what he describes in this blog is a reality. Those of you who have been with me for the past five years should realize that credibility is a big deal to me and accordingly, this source would not be appearing here, nor posting, if I wasn’t absolutely convinced of his authenticity and the credibility of his observations.
The recent addition of legacy loans to TALF caused CMBX spreads to turn on the nitrous and rip like all the commercial real estate concerns over the past 6 months have disappeared (especially in the top-most AAA tranche). Between financials, whose stocks have doubled on average, and CMBX (whose spreads have halved), there is, at this point, no doubt as to what lengths the administration is willing to go to funnel every single printed dollar into these otherwise doomed industries.
While there is still no indication that TALF v3.0 will work at all (the ongoing tweaks to TALF are nothing more than the government’s way to moderate the CRE collapse) and facilitate leveraged interest in AAA CMBX, the market has priced in a massive upside at this point, implying the up/downside from this point, absent a complete nationalization of all commercial real estate, is significantly unattractive.
[click on charts for larger images]
CMBX AAA By Vintage
Lastly, I present the MCDX spread chart, representing the index for risk of municipal default, which consists of both state and city constituents, which has also tightened since March as well as on the heels of Frank’s initiative to guarantee municipal debt issues. At this rate, there will i) either be no non-sovereign risk attendant to any asset class relatively soon, or ii) the administration’s plan of socializing every form of risk imaginable will blow up in some unprecedented and, as of yet, inconceivable manner.
With an almost ~40% equity markets rally behind us, this bull market may still have some upside left. The bears sure got caught flat footed on this one. It’s always interesting to collate responses from different strategists. I find that recurrent themes makes it easier to filter out the noise. (Consider this to be similar to the "most widely held" consensus stock portfolio. Only in this case we’re trying to divine the "most widely held" very-smart money strategy. )
I’ve written two other recent commentaries which can be found here and here. Together, they represent a nice summary of current very-smart money opinion.
Well, the consensus seems to:
Favor gold. We already knew that several prominent funds like Paulson Funds and Greenlight Capital have recently taken huge positions in gold.
Bearish strategists still point to the suspect technical nature of this rally, and sound as adamant as ever. Probably a little too wedded to their ideas.
A currency crisis with dollar devaluation looks imminent
Even the bears think the highs in this rally may be ahead of us
930-950 on the S&P500 represents overhead resistance. If we clear it, this bull has a lot further to go. If we don’t, it’s a bear market rally.
One common thread running through a few commentaries focuses on a three cycle picture: a correction in May, another big rally into June-July, and then another really deep correction, possibly taking us to new lows (depending on how bearish the strategist is).
Some well respected economists have chimed in on how the current rally on green shoots euphoria sounds suspect.
So it definitely looks like the rally is long in the tooth. Let’s see what the very-smart money has to say:
Jim Rogers : The stock market may hit new lows this year or the next as the current rally has been largely caused by the money printed by central banks and fundamental problems remain unsolved
I’m not buying shares if that’s what you mean. Not
In Part 1 of this post, we talked about the potential long-term value of taking a chance on companies that used to pay dividends but don't at the moment. In addition to the 7 selections we had last Tuesday, I would urge members to keep on the lookout for additional prospects we can discuss as the long-term benefits of catching these stocks at the lows can be amazing! This was the same logic that led me to pound the table back in March on C, BAC, WFC, JPM and even the hated GS – stocks that have tripled or better in just 3 months.
We had a very easy time selecting those stocks as we were able to hedge our entries and our long-term logic was that, at those low prices, we could be fairly sure of producing a good option income even if they never restored the dividends but the kicker was the possiblility of owning, for example, C at $1.50 down the road when they go back to paying $1 per year dividends. Imagine having a year's salary put away on stocks that pay you almost a year's salary every year in dividends alone!
Don't worry, you didn't miss a once-in-a-lifetime opportunity, we just have to work a little harder at the moment. As I noted with our LYG example, there are still beaten-down financials that are worth a look and today we'll look at 2 more of our 21 Tuesday selections (one now, one later) and go over the trading plans for those positions. Note that the LYG trade ties up just $1,035 in cash to make (hopefully) $1,465 in year 1 with a commitment of $3,535 if you end up owning all 1,000 shares on Jan 15th.
By making sure you are on top of these figures, a person making $30,000 a year who has $5,000 in an investment account count take a modest 6-month gamble like this. If this trade pays off, $5,000 becomes $6,465 and 500 LYG shares are secure (about $2,500 worth) or, at worst, you have 22% more cash for the next trade. The next trade secures another potential dividend payer and if every 6 months you can secure just another $2,500 worth of dividend paying stocks for under $2,000 then in just 10…
So what do you do when a massive student loan bubble results in crippling leverage for an entire generation of your population rendering them financially unqualified to obtain mortgage financing and their 'God-given right' to a slice of the 'American Dream'? Well, you simply change the rules to allow mortgage lenders to ignore all that pesky student debt...anything less would simply be evil and potentially racist, sexist and all sorts of other -ist words.
Luckily, Fannie Mae is right on top of the issue and has just...
By JOHN F. BANZHAF. Originally published at ValueWalk.
sanctuary cities ban over-ruled – judge Agrees With Law Prof: It’s Probably Unconstitutional, and a Largely Empty Threat
Federal judge William Orrick III of California has issued an order blocking enforcement of part of a threat by the Trump administration to cut off funding to sanctuary cities.
The court’s agreement with the government’s own admission that it was “ultimately toothless threat,” and one which is probably unconstitutional, parallels a legal analysis by a public interest law professor released Monday entitled “New Sanctuary Threat Largely Empty, Probably Illegal, But Effective.”
Below looks at a long-term chart of the US Dollar, that was shared on 12/30/16. This chart highlighted that King Dollar was facing two long term resistance lines, at the 104 zone. (See Post Here).Joe Friday was pointing out this was a rare test of resistance and could be the price zone, where a major top could take place.
The French election result was greeted as a welcome trigger for breakouts. All indices benefited from the action. Best of the action was in the Russell 2000. The Russell 2000 cleared 1,390 which marked a resistance level of the former bearish consolidation triangle. Technicals are all bullish and an intraday move which pushed below 1,390 but came back by the close would be very healthy for bulls.
The Nasdaq gapped to new all-time highs. The bulk of the gains were banked by the open. If Monday's gap can h...
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
Hello fellow PSW-ers, it'sbiodieselchris here. I've been interested in cryptocurrencies (informally, "cryptos" or "coins") since 2011 when I first heard about Bitcoin, Since that time I've become somewhat of a subject matter expert and personal investor in Bitcoin and other alternative cryptocurrencies ("altcoins"). I have even started one of my own!
I've been posting comments about cryptos in Phil's daily post from time to time. Recently, Phil and I got on a call and he asked if I would like to run a blog on his site specifically about cryptos, which I thought was a great idea. My goal would be to educate members on what I know about how coins work, how I research coins (what I find interesting), how exactly one can invest (buy, hold, and sell) coins and a basic, easy-to-follow general how-to on all things crypto. In addition, other members have expressed an interest in learning more directly...
I was asked by my local investment club to do a presentation on "how to buy a stock?" As I pondered the question, I began by noting all the elements that I monitor regularly and which come in to play as part of my decision process. As the group is comprised novices to experts, I tried to gear my discussion to cover both basics and more advanced concepts.
Four Part Discussion
Macro Economic Indicators
1. Macro Economic Indicators
We'll start with reviewing some basic concepts and measurements that have direct effects on the stock market.
A few days ago I noted that Republican views of the economy changed dramatically when Donald Trump was elected, but Democratic views stayed pretty stable. Apparently Republicans view the economy through a partisan lens but Democrats don't.
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
PSW Members....it has been a while since my last post, but since many have all been on the board following the chat, it is time for a scientific lesson in a few of the companies we are long. In addition, another revolution is coming in the medical field, and it will be touched upon as well.
CAR-T - stands for Chimeric antigen receptors (CARs) and the T is for T-cell.
From the picture above, T-cells are one cell type of our immune system that fight off infection as well as they are one player at keeping rogue cells from becoming cancerous. Unfortunately, cancer somehow evades the immune system and so it begins.
CAR-T came along in the late1980s via a brilliant scientist, Zelig Eshhar...
Phil has a chapter in a newly-released eBook that we think you’ll enjoy.
In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.
This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.
Note: The material presented in this commentary is provided for
informational purposes only and is based upon information that is
considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW)
nor its affiliates
warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.
This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
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