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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 email@example.com 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!
July 13th, 2014 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
July 13th, 2014 12:33 pm
Submitted by Tyler Durden.
Submitted by Mike Krieger of Liberty Blitzkrieg blog,
Yesterday afternoon, I happened to read a seemingly innocuous enough article in Time by Justin Lynch titled: Bloggers, Surveillance and Obama’s Orwellian State. The article covered the usual bases. Such as the fact the Obama Administration is the least transparent ever, how it has attacked whistleblowers and journalists more than all other Presidents combined, and how citizen journalists pose...
July 13th, 2014 10:44 am
Courtesy of Doug Short.
All eight indexes on my world markets watch list posted losses for the week, reversing the unanimous gains the week before. The Shanghai Composite's -0.60% was the least bad performance, followed by the S&P 500's -0.90%. The four worst performers were the three European indexes and India's SENSEX, with weekly closes ranging -2.56% to -3.61%.
The Shanghai Composite remains the only index on the watch list in bear territory -- the traditional designation for a 20% decline from an interim high. The index is down 41.03% from its interim high of August 2009. See the table inset (lower right) in the chart below.
Here is a look at 2014 so far.
Here is a t...
July 13th, 2014 2:46 am
Newsletter writrers are available to chat with Members regarding topics presented in SWW, comments are found below each post.
#451625918 / gettyimages.com
July 13th, 2014 12:00 am
Courtesy of Benzinga.
Steel giant ArcelorMittal (NYSE: MT) has completed the divestment of its 78% stake in European port handling and logistics company ATIC Services S.A. (ATIC) to HES Beheer for €155.4 million (roughly $213 million).
With this transaction, HES Beheer now owns 100% stake in ATIC where it previously held 22% stake. The transaction reflects ArcelorMittal`s strategy of selective deposal of non-core assets.
ArcelorMittal posted a net loss of $0.2 billion or 12 cents per share in first-quarter 2014, narrower than a net loss of $0.3 billion or 21 cents a year ago.
Revenues inched up 0.2% year over year to $19.8 billion in the reported quarter. Sales were almost unchanged from the prior quarter as improved steel shipments were partly offset by lower...
July 12th, 2014 5:15 pmEscape Velocity? As Good As It Gets? Or A Dangerous Economic Extreme?
Courtesy of Lee Adler of the Wall Street Examiner
Initial claims for unemployment remain near bubble record levels after first reaching that extreme in September of last year. The warning signs of a distorted, maladjusted, overheated economy continue.
The headline, seasonally adjusted (not actual) number for initial unemployment claims for the week ended July 5, the 26th week of the year, was 304,000. The consensus guess of Wall Street econ...
July 12th, 2014 1:51 pmDanger: Falling Prices
We tried holding up stock prices but couldn’t get the job done. Market Shadows’ Virtual Value Portfolio dipped by 2% during the week but still holds on to a market-beating 8.45% gain YTD. There was no escaping the downdraft after a major Portuguese bank failed. Of all the triggers for a large selloff, I’d guess the Portuguese bank failure was pretty far down most people's list of "things to worry about."
All three major indices gave up some ground with the Nasdaq composite taking the hardest hi...
July 7th, 2014 1:16 pm
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...
July 7th, 2014 2:10 am
Courtesy of Sabrient Systems and Gradient Analytics
Stock investors entered the Fourth of July holiday on a high note, pushing the Dow Jones Industrials Index above 17,000 and the Wilshire 5000 Total Market Index above 21,000, and even pushing the S&P 500 to a smidge above the upper trend line of its long-standing bullish ascending channel that has been in place for nearly three years. However, with the Independence Day cheer behind us, persistently overbought technical conditions, and two months of summer doldrums ahead until the Labor Day holiday, I don’t think stocks are likely to muster much in the way of further progress over the near term. This may give bears a chance to make their long-stymied move. Although bulls should be able to maintain the upper hand in the longer term, I expect bears will finally have their window of opportunity to driv...
June 27th, 2014 7:17 pm
Submitted by Tyler Durden.
While Marc Faber has said "I will never sell my gold," he also noted "I like the idea of Bitcoin," and the battle between the 'alternative currencies' continues. The following infographic provides a succinct illustration of the similarities and differences between gold and bitcoin.
Please include attribution to www.jmbullion.com with this graphic.
June 3rd, 2014 3:37 pm
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
Well PSW Subscribers....I am still here, barely. From my last post a few months ago to now, nothing has changed much, but there are a few bargins out there that as investors, should be put on the watch list (again) and if so desired....buy a small amount.
First, the media is on a tear against biotechs/pharma, ripping companies for their drug prices. Gilead's HepC drug, Sovaldi, is priced at $84K for the 12-week treatment. Pundits were screaming bloody murder that it was a total rip off, but when one investigates the other drugs out there, and the consequences of not taking Sovaldi vs. another drug combinations, then things become clearer. For instance, Olysio (JNJ) is about $66,000 for a 12-week treatment, but is approved for fewer types of patients AND...
March 24th, 2014 4:55 pm
I just wanted to be sure you saw this. There’s a ‘live’ training webinar this Thursday, March 27th at Noon or 9:00 pm ET.
If GOOGLE, the NSA, and Steve Jobs all got together in a room with the task of building a tremendously accurate trading algorithm… it wouldn’t just be any ordinary system… it’d be the greatest trading algorithm in the world.
Well, I hate to break it to you though… they never got around to building it, but my friends at Market Tamer did.
Follow this link to register for their training webinar where they’ll demonstrate the tested and proven Algorithm powered by the same technological principles that have made GOOGLE the #1 search engine on the planet!
And get this…had you done nothing b...
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...