Author Archive for clarisezoleta

News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Oil Slips From 19-Month High as Ample Supply Offsets OPEC Cuts (Bloomberg)

Oil retreated from the highest close since July 2015 in New York as record U.S. crude inventories offset OPEC production curbs.

Sales of New U.S. Homes in January Were Slower Than Forecast (Bloomberg)

Purchases of new U.S. homes in January were slower than forecast, signaling an increase in mortgage rates may be giving some potential buyers pause.

Standard Chartered 'War-Gaming' Trump Trade Battles (Bloomberg)

One of the world’s biggest emerging-market banks says it’s "war-gaming" trade disruptions after U.S. President Donald Trump’s election.

The Murky Future of Nuclear Power in the United States (NY Times)

The Three Mile Island meltdown was two generations ago. Since then, engineers had developed innovative designs to avoid the kinds of failures that devastated Fukushima in Japan.

A leading economist explains why bitcoin isn't money (Business Insider)

Ann Pettifor, leading economist and author of "The Production of Money" told Business Insider that bitcoin is flawed as money because it is a "finite asset."

J.C. Penney to Shut as Many as 140 Stores as Industry Slumps (Bloomberg)

J.C. Penney Co. plans to shutter as many as 140 stores and trim thousands of jobs, becoming the latest department-store chain to make big moves in a world of lower mall traffic and fierce online competition.

GUNMAKER CEO: People are buying guns because cops are backing off and crime is 'soaring to the roof' (Business Insider)

There's never been a better time to be a gun owner, according to gunmaker Sturm Ruger. 

While he was campaigning, President Donald Trump promised voters fewer restrictions on assault-weapon sales. The National Rifle Association endorsed him as a candidate.

FCC chair to block stricter broadband data privacy rules (Reuters)

The U.S. Federal Communications Commission will block some Obama administration rules that subject broadband providers to stricter scrutiny than websites, a spokesman said on Friday, in a victory for internet providers such as AT&T Inc, Comcast Corp and Verizon Communications Inc.

ETFs might do
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PhilStockWorld.com Weekly Trading Webinar

 

PhilStockWorld.com Weekly Trading Webinar – 02-22-17

For LIVE access on Wednesday afternoons, join us at Phil's Stock World – click here

Major Topics:

00:02:30 Checking on the Markets
00:05:18 FOMC Meeting
00:11:42 Futures
00:12:47 AMZN
00:14:53 TSLA
00:22:28 Batteries
00:23:47 Tesla Powerwall
00:34:22 NAP
00:38:22 SLW
00:43:27 NGJ7 Trade Ideas
00:46:19 Natural Gas Chart
00:52:17 ESRX on Long-Term Portfolio
00:54:11 QCOM on Long-Term Portfolio
00:56:25 Trade Ideas
01:01:30 TEVA Trade Ideas
01:04:10 LNG Charts
01:10:26 PFE Charts
01:11:49 Crude Oil
01:14:09 UCO
01:17:56 Gasoline
01:21:38 PFE Trade Ideas
01:22:55 Checking on the Markets
01:37:06 LL
01:39:41 LL Charts
01:42:28 Checking on the Markets

Phil's Weekly Trading Webinars provide a great opportunity to learn what we do at PSW. Subscribe to our YouTube channel and view past webinars, here. For LIVE access to PSW's Weekly Webinars – demonstrating trading strategies in real time – join us at PSW — click here!

 





PhilStockWorld.com Weekly Trading Webinar

 

PhilStockWorld.com Weekly Trading Webinar – 02-15-17

For LIVE access on Wednesday afternoons, join us at Phil's Stock World – click here

Major Topics:

00:01:43 CL Trade
00:03:01 Checking on the Markets
00:06:22 Seeking Alpha Market News
00:08:21 Yahoo
00:12:43 RB Trades
00:19:13 5% Portfolio
00:22:04 UNG and LNG
00:28:27 NG
00:33:53 Active Trader
00:48:58 Checking on the Markets
00:52:50 Containers
00:55:00 LTP
00:56:47 Butterfly Portfolio
00:58:07 April Sales
00:59:54 PG Charts
01:04:54 Futures Trading Charts – Light Crude Oil
01:07:43 Futures Trading Charts – Gasoline
01:12:07 Active Trader
01:14:56 More Trade Ideas
01:17:01 Dollar
01:24:12 Oil & Gasoline Charts
01:26:56 AAPL Trade Ideas
01:42:07 SLW Charts
01:47:39 Active Trader
01:50:32 More Trade Ideas
01:52:24 YELP
01:58:47 AAPL
02:01:28 Active Trader

Phil's Weekly Trading Webinars provide a great opportunity to learn what we do at PSW. Subscribe to our YouTube channel and view past webinars, here. For LIVE access to PSW's Weekly Webinars – demonstrating trading strategies in real time – join us at PSW — click here!

 





News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

ECB's Jazbec Says Scaling Back QE Early `Hypothetical' for Now (Bloomberg)

The European Central Bank might consider scaling back its bond-buying program early if the euro-area recovery picks up sufficient pace, according to a Governing Council member. 

From Underdogs to Overheated: China Bank Stocks Are Surging (Bloomberg)

Chinese bank stocks have gone from cold to hot in a matter of days.

Take Agricultural Bank of China Ltd. After falling by an annual average of 2.7 percent since its Hong Kong listing in 2010, the cooperative lender has climbed 15 percent in a blistering eight-day rally.

March Fed Hike in Play for Bond Traders After Inflation Blowout (Bloomberg)

A March interest-rate increase by the Federal Reserve, an unlikely scenario just days ago, is now suddenly on the table after an unexpectedly strong inflation print and hawkish testimony from Fed Chair Janet Yellen to Congress.

Monopolies Are Worse Than We Thought (Bloomberg)

Economists are increasingly turning their attention to the problem of monopoly. This doesn’t mean literal monopoly, like when one utility company provides all the power in a city.

Behind the Fortress Deal: A Japanese Billionaire’s Huge Ambitions (The Wall Street Journal)

Late last year, Fortress Investment Group co-Chairman Peter Briger talked to an old friend about a deal for his firm.

SEC Chief Scales Back Powers of Enforcement Staff (The Wall Street Journal)

The new Republican leader of the Securities and Exchange Commission has imposed fresh curbs on the agency’s enforcement staff, scaling back their powers to initiate investigations of alleged financial misdeeds.

Strong Consumer Spending Spurs Malaysia's Growth to 1-Year High (Bloomberg)

Malaysia’s economy grew at the fastest pace in a year last quarter, as stronger consumer spending and an export recovery helped counter falling government expenditure.

What Oil Crisis? Arctic Drilling Off Norway Set for Record (Bloomberg)

Explorers look set to drill a record number of wells in Norway’s Arctic waters this year, undeterred by oil prices apparently stuck below $60 a barrel.

Political Risk to the Rescue as
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

This Is Why Investors Are Suddenly Worrying About Greece Again (Bloomberg)

Greece is once again caught between the interests of its lenders and its own citizens. As part of a 2015 rescue package, Greece must meet strict fiscal targets to unlock more financial aid and keep the International Monetary Fund, an important creditor, involved.

Trump says he is releasing something 'phenomenal in terms of tax' in 2 to 3 weeks (Business Insider)

President Donald Trump said that in the next few weeks he would release his plan to reform the US tax system.

"We're going to be announcing something over the next, I would say, two or three weeks that will be phenomenal in terms of tax," Trump said at a meeting with airline executives on Thursday.

Greek Two-Year Bond Yield Crosses 10% Amid Creditor Dispute (Bloomberg)

The selloff in Greek bonds amid the nation’s dispute with its creditors passed another milestone, with the yield on its two-year notes rising above 10 percent.

U.S. jobless claims near 43-year low; wholesale inventories surge (Reuters)

The number of Americans filing for unemployment benefits unexpectedly fell last week to near a 43-year low, amid a further tightening of the labor market that could eventually spur faster wage growth.

Fed's Bullard says rates can remain low through 2017 (Reuters)

U.S. interest rates can likely remain low through at least 2017, with no clear sense yet of whether the Trump administration's policies will spark higher inflation or growth, St. Louis Federal Reserve Bank President James Bullard said on Thursday.

Germany Gets Its Gold Back Faster With Job Seen Done in 2017 (Bloomberg)

Germany’s Bundesbank is set to unite half of the country’s gold reserves in its Frankfurt vaults by the end of 2017 — three years ahead of schedule.

'The elephant in the courtroom': Federal judge says Cigna sabotaged its own merger that would've created largest US health insurer (ANTM, CI) (Business Insider)

A federal judge has blocked a proposed merger between Cigna and Anthem that would have created the largest health-insurance company in


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PhilStockWorld.com Weekly Trading Webinar

 

PhilStockWorld.com Weekly Trading Webinar – 02-01-17

For LIVE access on Wednesday afternoons, join us at Phil's Stock World – click here

Major Topics:

00:01:33 Checking on the Markets
00:04:37 NG on Active Trader
00:05:22 Futures
00:08:15 Coffee Chart
00:12:52 Gold Chart
00:14:43 Crude Oil Chart
00:21:38 Coffee
00:22:19 Natural Gas
00:27:03 KSS
00:27:28 SHLD
00:29:48 TGT
00:32:41 5% Portfolio
00:33:42 AAPL
00:37:11 AAPL Trade Ideas
00:39:26 Long Term Portfolio
00:40:43 BBBY
00:43:01 SHOP
00:44:42 AMZN
00:49:48 Trade Ideas
00:55:39 Checking on the Markets
00:58:14 GDPNow
01:01:34 FOMC Meeting
01:05:26 Checking on the Markets
01:07:05 Fed
01:09:16 More Trade Ideas
01:10:36 WBA
01:13:11 TZA
01:16:08 Checking on the Markets
01:26:04 Facebook
01:36:30 Market News
01:42:28 More Trade Ideas

Phil's Weekly Trading Webinars provide a great opportunity to learn what we do at PSW. Subscribe to our YouTube channel and view past webinars, here. For LIVE access to PSW's Weekly Webinars – demonstrating trading strategies in real time – join us at PSW — click here!





News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

How Trump's Trade Agenda Will Affect the Dollar (Bloomberg)

Foreign-exchange markets are trying to determine what an era of tariffs and border taxes would mean for the value of the dollar.

Turkish Markets Stabilize as Central Bank Measures Bear Fruit (Bloomberg)

The Turkish central bank’s unorthodox efforts to support the lira are breathing life into the nation’s battered markets even as some investors remain concerned about the effectiveness of the policy maker’s approach.

Global M&A Is Having a Moment With Best Start to Year Since 2000 (Bloomberg)

With pent-up demand from 2016 and the challenges of an unpredictable U.S. administration ahead, companies seeking to get deals done kicked off this year with a bang.

Trump's clumsiness makes the Fed's job easier (Business Insider)

Refugee bans, looming trade wars, and worldwide protests. Investors can be forgiven for forgetting the Federal Reserve is meeting this week to set US interest-rate policy.

Endowment Gains Aren’t Enough for Schools Facing Rising Expenses (Bloomberg)

Yale University’s $25.4 billion endowment declined in value last year even as it posted an investment gain.

Like many colleges, Yale spent more than it earned in the year through June 30. School endowments contribute annually to student aid, faculty salaries and other costs in their operating budgets.

Greek Manufacturing Shrinks Most in 15 Months as Aid Talks Stall (Bloomberg)

Greek manufacturing shrank the most in more than a year in January, highlighting the economy’s weakness at a time the government is trying to break yet another deadlock in bailout talks.

The Bank of Japan left monetary policy unchanged (Business Insider Australia)

The Bank of Japan (BoJ) left monetary policy unchanged at the conclusion of its January meeting, a decision that was almost unilaterally expected by financial markets.

European Stocks Bounce Back After 3-Day Selloff on Industrials (Bloomberg)

European stocks rallied on Wednesday as shares most sensitive to economic growth such as automakers and industrials climbed after Siemens AG earnings beat estimates and China reported stronger factory data.

Pound’s Export Boost
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Dollar Steady on Month-End Flows; Pound Drops, Volatilities Rise (Bloomberg)

The dollar reversed early losses to keep its consolidation theme of the past week intact, with month-end flows capping the upside on the currency.

Housing prices are booming in the Northwest (Business Insider)

US home prices rose more than expected, according to the November reading of the S&P/Case-Shiller index.

The 20 city-index, which covers major metropolitan areas like Seattle and Chicago, rose by 5.27%, above economists' expectations of 5.03%, and up from 5.1% in October.

Euro-Area Economic Confidence Hits Highest Since 2011 (Bloomberg)

Euro-area economic confidence hit a six-year high in January, adding to signs of stronger growth and inflation that are fueling a debate about European Central Bank stimulus.

Labor costs climb 0.5% in fourth quarter, ECI shows (Market Watch)

The amount of money it costs businesses to employ workers rose a touch slower in the fourth quarter owing to the smallest increase in benefits in a year and a half.

Negative effective of currency rates on company results fall in third quarter (Reuters)

Currency market fluctuations in the third quarter of 2016 had the smallest negative impact on North American companies' financial results since 2014, FIREapps said in a report on Monday.

That ECB Taper Might Just Sneak Up on Us (Bloomberg)

Monetary policy works with a long time lag, we all know that. But the debate about it happens in real time.

So that's why even as the European Central Bank maintains that the risks to the economy are still “on the downside,” a rash of positive economic data has economists turning their minds to how the region's flagship stimulus policy — quantitative easing — should be brought to a halt.

Greek Bond Yields Surge Amid Stalled Bailout Review, IMF Quarrel (Bloomberg)

Greek government bonds fell for a fourth consecutive day, with the continuing decline raising the specter that some investors may be discounting the risk of a default.

Brexit is a 'once-in-a-generation opportunity' to ditch the 'straitjacket' of EU trade policy (Business Insider)

Brexit is a "once-in-a-generation opportunity"


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PhilStockWorld.com Weekly Trading Webinar

 

PhilStockWorld.com Weekly Trading Webinar – 01-25-17

For LIVE access on Wednesday afternoons, join us at Phil's Stock World – click here

Major Topics:

00:02:01 Checking on the Markets
00:03:03 YM on Active Trade
00:05:14 Trade Ideas
00:07:47 DX
00:10:41 Petroleum Status Report
00:18:00 GILD Charts
00:22:15 TEVA
00:24:07 GE
00:25:58 YM on Active Trader
00:29:17 DIS Trade Ideas
00:33:30 DIS Charts
00:35:36 SGYP
00:37:35 FCX Trade Ideas
00:41:37 GE Trade Ideas
00:44:53 Active Trader
00:46:07 UUP
00:54:34 More Trade Ideas
00:54:43 Checking on the Markets
00:56:06 RSX
00:57:53 85 Stocks on the 'Buy List'
01:04:57 Long Term Portfolio
01:10:08 XON
01:17:54 Checking on the Markets
01:19:32 More Trade Ideas
01:22:17 85 Stocks on the 'Buy List'
01:23:59 Checking on the Markets
01:26:30 More Trade Ideas

 

Phil's Weekly Trading Webinars provide a great opportunity to learn what we do at PSW. Subscribe to our YouTube channel and view past webinars, here. For LIVE access to PSW's Weekly Webinars – demonstrating trading strategies in real time – join us at PSW — click here!

 





PhilStockWorld.com Weekly Trading Webinar

 

PhilStockWorld.com Weekly Trading Webinar – 01-18-17

For LIVE access on Wednesday afternoons, join us at Phil's Stock World – click here

Major Topics:

00:01:46 Checking on the Markets
00:03:32 Trade Ideas and Tips
00:06:34 Accuweather
00:08:59 Natural Gas Charts
00:13:08 PG in the Butterfly Portfolio
00:15:15 PG Charts
00:17:45 PG Trade Ideas
00:26:50 September Portfolio Review
00:29:11 PSO
00:34:05 PSO Trade Ideas
00:36:04 RRD Chart
00:41:06 PSO Charts
00:41:34 NFLX
00:49:30 Butterfly Portfolio
00:50:40 TGT
00:54:20 Target Earnings
00:56:36 TGT Charts
00:58:36 Checking on the Markets
00:59:22 Beige Book
01:16:05 Active Trader
01:17:23 5% Portfolio
01:19:30 SPWR
01:20:38 AAPL
01:31:28 XLF
01:33:20 5% Portfolio
01:35:34 Butterfly Portfolio
01:38:20 Long Term Portfolio
01:42:43 Checking on the Markets
01:51:40 More Trade Ideas

 

Phil's Weekly Trading Webinars provide a great opportunity to learn what we do at PSW. Subscribe to our YouTube channel and view past webinars, here. For LIVE access to PSW's Weekly Webinars – demonstrating trading strategies in real time – join us at PSW — click here!

 





 
 
 

Phil's Favorites

Weekly Market Summary

 

Weekly Market Summary

Courtesy of The Fat Pitch

Summary: All of the US equity indices made new all-time highs again this week. Treasuries were the biggest winner. A drawdown of at least 5-8% in SPX is odds-on before year end, but there are a number of compelling studies suggesting that 2017 will probably continue to be a good year for US equities.

* * *

On Friday, SPX and DJIA made new all-time highs (ATH). During the week, COMPQ, NDX, RUT and NYSE also made new ATHs. All the indices moving to new highs together suggests that this is a broadl...



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Zero Hedge

"Where Does This Crisis End?" - Kurt Schlichter Lays Out The Left's Violent Endgame

Courtesy of ZeroHedge. View original post here.

Submitted by Kurt Schlichter via Townhall.com,

The Democrat Party, its Media serfs, and Social Justice Incorporated are all outraged because we uppity normals are again presuming to rule ourselves, and their agony is delightful. Less delightful is how, in the process of trying to claw their way back into power, they are incinerating the norms and rules that preserve our political order. That stuff Hillary babbled about honoring the legiti...



more from Tyler

ValueWalk

Aswath Damodaran - Session 9: Historical, Analyst & Fundamental Growth

By VW Staff. Originally published at ValueWalk.


In this session we continued our discussion of growth by first looking at the limitations of analyst estimates of growth and then examining the fundamentals that drive growth. Starting with a very simple algebraic proof that growth in earnings has to come either from new investments or improved efficiency, we looked at how best to estimate growth in three measures of earnings: earnings per share, net income and operating income. With each measure of earnings, the estimation of growth boiled down to answering two questions: (1) How much is this company reinvesting to generating for future growth? (2) How well is it reinvesting? (3) How much growth is added or lost by changes in returns on existing investments? In the next session, we will continue this discussion after the quiz.

Start of the class test: ...



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Mapping The Market

Why Facts Don't Change Our Minds

Courtesy of Jean Luc

Good article about facts and why we reject them:

WHY FACTS DON’T CHANGE OUR MINDS

New discoveries about the human mind show the limitations of reason.

By Elizabeth Kolbert

In “Denying to the Grave: Why We Ignore the Facts That Will Save Us” (Oxford), Jack Gorman, a psychiatrist, and his daughter, Sara Gorman, a public-health specialist, probe the gap between what science tells us and what we tell ourselves. Their concern is with those persistent beliefs which are not just demonstrably false but also potentially deadly, like the conviction that vaccines are hazardous. Of course, what’s hazardous is not being vaccinated; that’s why vaccines were created in the first place. “Immunization is one of the triumphs of modern medicine,” the Gormans no...



more from M.T.M.

Market News

Breaking News And Best Of The Web

Courtesy of John Rubino.

US stocks finish at record high. Gold and silver at multi-week highs. Bitcoin near all-time high. Trump national security adviser scandal evolving, EPA chief controversy ramping up after email release. Debate over Putin and fake news intensifies.  

Best Of The Web

It’s bubble time! – Peak Prosperity

Dazed & confused… Treasury buying vs. asset valuations? – Econimica

...



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Digital Currencies

As Bitcoin Surges To Record High, China Prepares Its Own Digital Currency

Courtesy of Mike Shedlock (Mish)

Bitcoin hit an all-time high over $1200 today.

Traders are happy because the SEC is expected to rule on a Bitcoin ETF by March 11.

Meanwhile, Bloomberg reports China Is Developing its Own Digital Currency.
 

After assembling a research team in 2014, the People’s Bank of China has done trial runs of its prototype cryptocurrency. That’s taking it a step closer to becoming one of the first major central...

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Kimble Charting Solutions

Crude Oil; Energy stocks suggesting its about to fall, says Joe Friday

Courtesy of Chris Kimble.

Below takes a look at the price action of Crude Oil, Energy ETF (XLE) and Oil & Gas Exploration ETF (XOP) over the past three years.

Could Energy stocks be suggesting the next big move in Crude Oil again? Which direction are they suggesting?

CLICK ON CHART TO ENLARGE

At this time the intermediate trend in Cru...



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Members' Corner

The Manchurian President

 

The Manchurian President

Courtesy of  at BillMoyers.com

As the Trump presidency unravels, unraveling the country along with it, there is no real political antecedent, no lessons from American history on which to draw and provide guidance. We are in entirely uncharted waters.

But there is an antecedent in our popular culture that provides a prism through which to view the contemporary calamity, especially the alleged collusion between Trump’s henchmen and Russian intelligence to deny Hillary Clinton the presidency. I am not the first observer who has ...



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Chart School

Good Recovery

Courtesy of Declan.

In early morning action it was a clear swing to sellers after yesterday's non-event. However, buyers came back and were able to make a good chunk of these losses into today's close.

Large Caps remained the most attractive as defensive stocks often are during times of doubt. The S&P registered higher volume accumulation as intraday action proved to be relatively tight.

The Nasdaq suffered larger losses, but there was no distribution to go with it. Technicals were relatively immune to today's action.

...

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OpTrader

Swing trading portfolio - week of February 20th, 2017

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 ...



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Promotions

Phil's Stock World's Las Vegas Conference!

Learn option strategies and how to be the house and not the gambler. That's especially apropos since we'll be in Vegas....

Join us for the Phil's Stock World's Conference in Las Vegas!

Date:  Sunday, Feb 12, 2017 and Monday Feb 13, 2017            

Beginning Time:  9:30 to 10:00 am Sunday morning

Location: Caesars Palace in Las Vegas

Notes

Caesars has offered us rooms for $189 on Saturday night and $129 for Sunday night but rooms are limited at that price.

So, if you are planning on being in Vegas (Highly Recommended!), please sign up as soon as possible by sending...



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Biotech

The Medicines Company: Insider Buying

Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.

I'm seeing huge insider buying in the biotech company The Medicines Company (MDCO). The price has already moved up around 7%, but these buys are significant, in the millions of dollars range. ~ Ilene

 

 

 

Insider transaction table and buying vs. selling graphic above from insidercow.com.

Chart below from Yahoo.com

...

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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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FeedTheBull - Top Stock market and Finance Sites



About Phil:

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...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>