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.
Contact us: support@philstockworld.com
© Copyright - PSW, LLC.
2024
February 8th, 2016 at 8:44 am
Phil in one of the oil meltdown arguments I have read it mentions the fact that with all of the governments that had so much of their economies based on oil revenue, we are seeing a loss of at least a trillion dollars in the global economy. With that much money evaporating and no longer being spent, it can only mean bad things ahead. While I am simplifying this, it does make some sense, doesn't it?
I also was curious about how you advise us to trade futures. While I know you usually are talking about oil, it seems that you usually advise us not to leave futures trades open over a weekend for anything due to how things can happen and we are stuck until Sunday night. yet in your opening statement you often cite gains made in futures trades lasting through the weekend. Is there some way for us to know when you think a futures trade is good to hold through the weekend vs the risk of doing so?