Author Archive for ilene

Can Biotech Stocks Stay “Trendy”?


Can Biotech Stocks Stay “Trendy”?

Courtesy of Dana Lyons


A key gauge of biotechnology stocks is testing major trendline support presently – can it hold yet again?


When this market cycle finally comes to an end, among the sectors that will be remembered as one of its key drivers is biotechnology. With a gaudy 750% gain since its 2009 lows, the Biotech run had been so hot, it attracted “bubble” talk in its descriptions, including by us back on March 23, 2015 (backslap: the run actually topped the very day before that post, save for a brief, failed higher high that July). Since then, the sector has fallen on tougher times, leading to calls that a top is indeed in. We don’t know if that’s the case or not. However, with distinct lower highs now on the chart, the sector is one breakdown away from making a more compelling “top is in” case. It very well may get that opportunity in short order.

The most popular index in the sector is the NYSE ARCA Biotechnology Index, ticker, BTK. Since 2008, the BTK has been riding an Up trendline on its log scale chart. This trendline begins at the BTK’s shock low in November 2008, and connects the lows in March 2009, November & December 2011 and February & June of this year. After the selloff in the sector over the past few weeks, the BTK finds itself once again testing this major post-2008 Up trendlin around the 3000 level. To boot, the index is also presently testing the top side of its post-2015 Down trendline (also on a log scale) that it broke above this past July.




This convergence of trendlines should provide for staunch support in the BTK and biotech stocks – at least in the short-term. Our concern in this case, as we have mentioned often, is that the increased frequency (i.e., decreased time lapse) of trendline touches is often a harbinger of a forthcoming trendline break. If that is the case here, after whatever short-term bounce may materialize, we can likely expect to see the trendline…
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FRBNY Nowcast Model Dips to 2.2% for 3rd Quarter, 1.4% for 4th Quarter

Courtesy of Mish.

The Atlanta Fed GDPNow Model ticked up slightly this week in response to economic data.

In contrast, economic data this week was slightly negative to the FRBNY Nowcast model.

GDPNow 3rd Quarter Forecast: 2.0% — October 19, 2016

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 2.0 percent on October 19, up from 1.9 percent on October 14. The forecast of third-quarter real federal government expenditures growth increased from -0.1 percent to 0.3 percent after Friday afternoon’s Monthly Treasury Statement from the Bureau of the Fiscal Service.


FRNBY Nowcast Highlights — October 21, 2016

  • The FRBNY Staff Nowcast stands at 2.2% for 2016:Q3 and 1.4% for 2016:Q4.
  • Overall this week’s news had a negative effect on the nowcast.
  • The most notable developments were in the housing sector and in regional surveys, in which a mix of positive and negative news largely offset each other.

3rd Quarter Nowcast History


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Welcome To Neocolonialism, Exploited Peasants!

Courtesy of Charles Hugh Smith, Of Two Minds

In my latest interview with Max Keiser, Max asked a question of fundamental importance: (I paraphrase, as the interview has not yet been posted): now that the current iteration of capitalism has occupied every corner of the globe, where can it expand to for its "growth"?

My answer: neocolonialism, my term for the financialized quasi-colonial exploitation of the home domestic population. I described this dynamic in The E.U., Neofeudalism and the Neocolonial-Financialization Model (May 24, 2012).

We all know how old-fashioned colonialism worked: the imperial power takes political and economic control of previously independent lands.

In the traditional colonial model, there are two primary benefits:

1. The imperial power (the core) extracts valuable commodities and low-cost labor from its colony (the periphery)

2. The imperial power sells its own high-margin manufactured goods to the captured-market of its colony.

This buy low, sell high dynamic is the heart of colonialism, which can be understood as one example of the The Core-Periphery Model (June 11, 2013).

The book Sweetness and Power: The Place of Sugar in Modern History is an excellent history of how this model worked for Great Britain.

The Imperial Core controls finance and credit via its multinational banking sector, and it maintains high profit margins via its state-cartel model of production. The state enforces a cartel-crony-capitalist pricing structure in which competition is strictly limited to street stalls and black markets, and the corporatocracy can raise prices at will: for example, pharmaceutical products such as Epi-Pens can be repriced at will from $60 to $600 each.

If the colonists resist, the resisters are silenced and the media brought under control of the Imperial Deep State. (Sound familar? It should.)

This traditional model of colonialism was forcibly dismantled in the 1940s-1960s. Former colonies established their political independence, a process that diminished the wealth and global reach of former colonial powers.

In response, global financial powers sought financial control rather than political control. This is the key dynamic in the Neocolonial-Financialization Model, which substitutes the economic power of financialization (debt, leverage and speculation fueled by globalized mobile capital) for the raw power of political conquest.

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The IMF Should Have Been Mothballed Long Ago and Put in a Museum

Courtesy of ZeroHedge. View original post here.

By Steve H. Hanke

The International Monetary Fund (I.M.F.) was unsuccessful in covering up its nefarious activities in Greece, as WikiLeaks uncovered back in April. Later, the I.M.F.’s internal watchdog team released a report condemning the I.M.F.’s actions. But, in typical I.M.F. fashion, “before the report was published over the summer, fund officials demanded that the watchdog unit tamp down and in some cases remove sections of the report that said the I.M.F. was not releasing documents that evaluators sought,” Landon Thomas Jr. of the New York Times writes. However, the Fund’s cover-ups have been more successful in the past.

On August 14, 1997, shortly after the Thai baht collapsed on July 2nd, Indonesia floated the rupiah. This prompted Stanley Fischer, then Deputy Managing Director of the I.M.F., to proclaim that “the management of the I.M.F. welcomes the timely decision of the Indonesian authorities. The floating of the Rupiah, in combination with Indonesia’s strong fundamentals, supported by prudent fiscal and monetary policies, will allow its economy to continue its impressive economic performance of the last several years.”

Contrary to the I.M.F.’s expectations, the rupiah did not float on a sea of tranquility. It plunged from 2,700 rupiahs per U.S. dollar at the time of the float to lows of nearly 16,000 in 1998. Indonesia was caught up in the maelstrom of the Asian crisis.

By late January 1998, President Suharto realized that the I.M.F. medicine was not working and sought a second opinion. In February, I was invited to offer that opinion and began to operate as Suharto’s Special Counselor. After many discussions with the President, I prescribed the following antidote: an orthodox currency board in which the rupiah would be fully convertible into the U.S. dollar at a fixed exchange rate and would be fully backed by U.S. dollar reserves. On the day that news hit the street, the rupiah soared by 28 percent against the U.S. dollar on both the spot and forward markets. These developments infuriated the I.M.F., as well as the U.S. government.

Ruthless attacks on the currency board idea and me ensued. Suharto was told in no uncertain terms – by both the President of the United States, Bill Clinton, and then Managing Director of the I.M.F.,

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Canada Recession Signals: Retail Sales Unexpectedly Dip; Loonie Sinks; Bank of Canada Ponders Easing; Yield Curve Inversion

Courtesy of Mish.

Despite having a massive property bubble, the Bank of Canada discussed cutting rates on Wednesday to stimulate the economy.

A rate cutting move is even more likely now, as retail sales unexpectedly fell 0.1% in August vs. an expected gain of 0.3%.

In response, the Loonie Plunges to Lowest Level Since March.

The loonie is on pace for the biggest weekly decline since May as the data add to concern about Canada’s economy. The slump began Wednesday when Bank of Canada Governor Stephen Poloz said that officials “actively” discussed the possibility of adding more stimulus into the economy.’

“So now we know why the BOC considered easing,” said Greg Anderson, global head of foreign-exchange strategy in New York at Bank of Montreal. “Economic growth in the third quarter doesn’t look as good as expected, inflation is below target and it’s unclear where an acceleration would come from.”

The loonie fell 0.8 percent to C$1.3332 per U.S. dollar as of 10:06 a.m. in Toronto, reaching the weakest level since March 16. The Canadian dollar is down 1.5 percent this week, the worst performance among Group-of-10 currencies.

The yield on the country’s two-year federal government bond fell for the fifth day to 0.51 percent, heading for the steepest weekly decline since June.

The probability of a BOC interest-rate cut this year rose to 16 percent from 7 percent Thursday, overnight index swaps data compiled by Bloomberg shows.

Retail sales fell 0.1 percent in August, compared with forecasts for a 0.3 percent gain. Consumer inflation accelerated for the first time in five months in September to 1.3 percent, however the jump was below the 1.4 percent rate economists were forecasting.

Wild Rides in Loonie


The Loonie soared from 1.60 to the US dollar to highs near 0.94 to the dollar from 2001 to 2007, and again in 2011.

Since February of 2011, the Loonie has declined 27.5% but is better than the end of 2015 wen it touched 1.469 per US dollar.

Those swings had a lot to do with Canadian exports to China and commodity prices. Now, with the Fed discussing hikes, the Bank of Canada discussing cuts, and Vancouver real estate finally slowing, the Loonie is again under pressure.

Canada Yield Curve Inversion

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WikiLeaks: Citigroup Exec Gave Obama Recommendation of Hillary for State, Eric Holder for DOJ

Courtesy of Pam Martens

Michael Froman

Michael Froman

If there is any truth to the allegation that Russia is behind the hacking of emails being released by WikiLeaks, then the American public owes Russia a huge debt of gratitude. At a time when the American people are sharply focused on how the leader of the free world is chosen, WikiLeaks is giving us an unprecedented, historical opportunity to understand how corporate money in politics has corrupted everything we believe in as a democracy.

This week, for example, emails from WikiLeaks show that President Obama, using the email address of, was communicating directly with Michael Froman of Citigroup in 2008, who fed Obama lists of recommended appointments to his cabinet. In an email from Froman dated October 6, 2008, with Froman using his Citigroup email address of, Hillary Clinton shows up on Froman’s list for Secretary of State or head of the U.S. Department of  Health and Human Services (HHS). In a separate list attached to the email, Eric Holder was recommended for U.S. Attorney General at the Department of Justice or as White House Counsel. (See the email and the attachments here.)  In less than a month after Obama’s election as President on November 4, 2008, Obama had nominated Clinton to be his Secretary of State and Holder as his Attorney General. Despite the unprecedented corruption rooted out on Wall Street by regulators, Holder failed to prosecute any of Wall Street’s top executives for the crimes that led to the greatest financial crash since the Great Depression.

Froman had served as Chief of Staff to Robert Rubin when Rubin was Secretary of the Treasury in the Bill Clinton administration. Rubin led the effort to repeal the Glass-Steagall Act, which barred investment banks and brokerage firms on Wall Street from merging with commercial banks that held FDIC insured deposits for savers. The Glass-Steagall Act had been in force since 1933, after Congress had conducted three years of hearings showing the recklessness and corruption of the major Wall Street banks. Rubin left the Treasury Department and promptly took a job at Citigroup, the primary beneficiary of the repeal in 1999. Over the next decade, as Citigroup was serially charged by its regulators…
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Breaking News And Best Of The Web

Courtesy of John Rubino.

Inflation, housing pick up, manufacturing and transport continue to decline. China debt and US public pensions getting attention. Banks report surprisingly good earnings, mostly due to trading gains. Yellen considers aggressive “high-pressure” policy to engineer fast growth and rising wage inflation. The Assange mystery deepens; Wikileaks still active. Clinton way up in polls after final debate.  

Best Of The Web

The cult of the expert – and how it collapsed – Guardian
Fed risks repeating Lehman blunder as US recession storm gathers – Telegraph
Broken indicators: it’s growing harder to spot troubles in the market – Bloomberg
10 terrifying charts – Gold Republic
Cass Freight Index takes another dive killing August’s “false hope” – Mish
Watch a short film Adam Curtis made for VICE about your life – Vice
The world’s most dangerous systemic risks – Deep Connections
Prevailing gray swans: The clear and present danger list – Deep Connections
What triggers collapse? – Peak Prosperity
The perils of a resurgent China credit boom – Credit Bubble Bulletin
Japan’s central bank writes Tokyo a blank check – Stratfor
USA 2017-2020: An ungovernable nation? –
A mile-high house of cards – International Man


Breaking News

The Economy

10/21  Hedge fund managers struggle to master their miserable new world – Bloomberg

10/21  To some, it “feels more like a crash” – 24hGold

10/21  The great physical gold supply & demand illusion – 24hGold

10/21  Weak retail sales result makes Canada rate cut more likely – Bloomberg

10/21  China’s local governments are getting into venture capital – Bloomberg

10/21  ‘Lions hunting zebras’: Ex-Wells Fargo bankers describe abuses – New York Times

10/21  China’s still growing, but fears are rising that it won’t last – CNBC

10/21  Kim Kardashian, millionaire cops and the 1% – Sprott Money

10/21  What redemptions in the hedge fund industry are telling us – Mountain Vision

10/21  David Rosenberg calls for trillions in helicopter money – Zero Hedge

10/20  Draghi seen keeping up suspense on future of ECB stimulus plan – Bloomberg

10/20  Fed’s Beige Book: Most of U.S. grew at modest to moderate rate – MarketWatch

10/20  Hedge fund managers expect ‘massive’ 34% pay cut – Bloomberg

10/20  The tech bubble

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EU Sanction Madness and Merkel’s Blatant Hypocrisy

Courtesy of Mish.

A battle over sanctions is brewing in the EU this evening.

The EU lead by European Council president Donald Tusk seeks more sanctions on Russia over Aleppo.

However,  Italian prime minister Matteo Renzi Pushes Back on Sanctions because Italy was stung more by sanctions than other nations.

The European Union said it was too soon to consider imposing sanctions on Russia for the bombing of rebel-held areas of Syria, while maintaining the threat of action if Vladimir Putin doesn’t back down.

After the first of two days of talks in Brussels, EU leaders said “all available options” remain on the table, without mentioning sanctions specifically, after they clashed over using more pointed language on Thursday. While the U.K., France and Germany wanted to take a harsher tone with Russia, Italy’s Matteo Renzi led those countries who opposed the move.

Russia’s aggression in Syria has brought its relationship with the west to a new low. With ties already worse than at any time since the Cold War because of Putin’s annexation of Crimea and violent interference in eastern Ukraine, the Kremlin’s support of the Syrian regime has raised tensions further and exposed divisions in the EU.

“It’s clear that Russia’s strategy is to weaken the EU — we have no illusions,” the bloc’s president, Donald Tusk, told reporters early Friday. “Increasing tensions with Russia is not our aim; we are simply reacting to steps taken by Russia.”

The EU has added progressively tougher sanctions on Russia since March 2014 for its involvement in Ukraine, including broad economic restrictions as well as travel bans and asset freezes on individuals and companies. While leaders were not planning to make any decisive steps toward additional sanctions at the summit, the final communique represents a watering down of more specific threats contained in their draft text.

Irony Abounds

European Council president Donald Tusk is not to be confused with European Commission president Jean-Claude Juncker, who probably agrees with Tusk anyway.

Since every nation has to agree to more sanctions, Italy is more than sufficient to kill the idea.

Tusk says ““It’s clear that Russia’s strategy is to weaken the EU — we have no illusions.”

Irony abounds. Pray tell, what the heck are sanctions on Russia other than a blatant attempt to weaken Russia? And who started this sanction mess?

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David Rosenberg Calls For A Multi-Trillion, “Helicopter Money” Stimulus Package

Courtesy of ZeroHedge. View original post here.

With the inherent weakness in US GDP and the rising probability of a recession (two weeks ago Bank of America modeled that the next recession would likely start roughly one year from now), Gluskin Sheff's David Rosenberg thinks that with monetary options exhausted it will take a fiscal boost in the trillions of dollars to kickstart the economy. These issues were discussed in an extended interview with Real Vision TV, where the chief economist and strategist at Gluskin Sheff proposed some radical policies to engineer the growth needed in nominal income. 

His ideas, some of which can be seen here in a clip of the interview, include helicopter money attached to a $2 trillion perpetual bond, massive infrastructure spending and measures to tackle the $1 trillion student debt load that has seriously hamstrung the economy.

Here are some of the interview highlights:

Doing the Same Thing Over Again and Expecting a Different Outcome

Whether the US will in fact experience the technical definition of a recession is a matter of fervent debate, with the odds something like 20%-30%, according to Rosenberg (60% according to Deutsche Bank), but with growth averaging around 1%, there is no doubt the economy is weak.

“There are some people saying a recession is here right now,” Rosenberg says, “I don't think that we meet those conditions yet. But people say, well, look. Twelve months in a row of negative year on year industrial production, that's never happened outside recession, check. We've had now going into six quarters of profit contraction, year over year. That's only happened in the context of a recession, check. I mean, all that is true, but so much of this has been related to the oil shock that we had.

Rosenberg’s problem with monetary policy, now in its 7th year of unorthodox experimentation, is that it has become a weak antidote to structural problems in the economy (even if it is still quite potent at boosting financial asets). Fiscal policy on the other hand, if constructed right, could be the answer due to its very powerful multiplier impact. “I can't say that I know for sure, but it's the old Einstein

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Moving toward computing at the speed of thought


Moving toward computing at the speed of thought

By Frances Van Scoy, West Virginia University

The first computers cost millions of dollars and were locked inside rooms equipped with special electrical circuits and air conditioning. The only people who could use them had been trained to write programs in that specific computer’s language. Today, gesture-based interactions, using multitouch pads and touchscreens, and exploration of virtual 3D spaces allow us to interact with digital devices in ways very similar to how we interact with physical objects.

This newly immersive world not only is open to more people to experience; it also allows almost anyone to exercise their own creativity and innovative tendencies. No longer are these capabilities dependent on being a math whiz or a coding expert: Mozilla’s “A-Frame” is making the task of building complex virtual reality models much easier for programmers. And Google’s “Tilt Brush” software allows people to build and edit 3D worlds without any programming skills at all.

My own research hopes to develop the next phase of human-computer interaction. We are monitoring people’s brain activity in real time and recognizing specific thoughts (of “tree” versus “dog” or of a particular pizza topping). It will be yet another step in the historical progression that has brought technology to the masses – and will widen its use even more in the coming years.


Reducing the expertise needed

From those early computers dependent on machine-specific programming languages, the first major improvement allowing more people to use computers was the development of the Fortran programming language. It expanded the range of programmers to scientists and engineers who were comfortable with mathematical expressions. This was the era of punch cards, when programs were written by punching holes in cardstock, and output had no graphics – only keyboard characters.

By the late 1960s mechanical plotters let programmers draw simple pictures by telling a computer to raise or lower a pen, and move it a certain distance horizontally or vertically on a piece of paper. The commands and graphics were simple, but even drawing a basic curve required understanding trigonometry, to specify the very small intervals of horizontal and vertical lines…
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Zero Hedge

Shadows on the Cave Wall

Courtesy of ZeroHedge. View original post here.

Shadows on the Cave Wall


Cognitive Dissonance

(Plato had much to say about modern day ideological blindness.)

Nearly everyone thinks of the United States of America as a place, a physical location, some place you can live, visit, touch and see. And nearly everyone is wrong.

The United States of America is an ideology, a thought meme, a belief, a political religion, a concept and an idea. I am reminded of this every time Mrs. Co...

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Indexing as Imitation

By David Merkel. Originally published at ValueWalk.

I have sometimes said that it is common for many people to imitate the behavior of others, rather than think for themselves.  There are several reasons for that:

  • It”s simple.
  • It’s fast.
  • And so long as you don’t run into a resource constraint it works well.

People generally have a decent idea who their smartest friends are, and who seems to give good advice on simple issues.  If your neighbor says that the new Chinese food place is excellent, and you know he knows his food, there is a very good chance that when you go there that you will get excellent Chinese food as well.

You might even tell your friends about it; after all, you want...

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Market News

New You Can Use From Phil's Stock World


Financial Markets and Economy

Trillion-Dollar Payout May Mean Peak Largesse for U.S. Investors (Bloomberg)

A total $600 billion in share repurchases and $400 billion in dividends will be doled out by S&P 500 Index members by the end of the year, the biggest combined payout in history, according to strategists at Barclays Plc. Gravy like that is getting tougher to sustain as corporate profits suffer a six-quarter slump and cash levels begin to dwindle.

Deutsche Bank Could Be The “Lehman Moment” Of 2016 (Value Walk)


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Phil's Favorites

Another Lehman Blunder Coming Up?

Courtesy of Mish.

Telegraph writer Ambrose Evans-Pritchard says the Fed risks repeating Lehman blunder as US recession storm gathers.

The key problem with Pritchard’s superficial analysis is the Lehman bankruptcy is about the only thing the Fed got right.

Liquidity is suddenly drying up. Early warning indicators from US ‘flow of funds’ data point to an incipent squeeze, the long-feared capitulation after five successive quarters of declining corporate profits.

Yet the Fed is methodically draining money through ‘reverse repos’ regardless. It has set the course for a rise in interest rates in December and seems to be on automatic pilot...

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Kimble Charting Solutions

Bio-Tech; In more trouble if this fails, says Joe Friday

Courtesy of Chris Kimble.

At one point in time, actually for years, Bio-Tech (IBB) was a market leader. From the 2009 lows to 2015, IBB out gained the S&P by more than 250%. Since the summer of 2015, Bio Tech has remained a leader, a “downside leader!” IBB has lagged the S&P by over 35% in the past 15-months.

Is the downside leadership over for IBB? Below updates the pattern on IBB


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Chart School

SP500 Status Pre US 2016 Elections

Courtesy of Read the Ticker.

Where have we been, what does the future look like?

More from RTT Tv

NOTE: does allow users to load objects and text on charts, however some annotations are by a free third party image tool named

Investing Quote...

..."There is what I call the behaviour of a stock, actions that enable you to judge whether or not it is going to proceed in accordance with the precedents that your observation has noted. If a stock doesn’t act right don’t touch it, because, be...

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Members' Corner

The Orlando Massacre Part 3

Courtesy of Nattering Naybob.

A continuation of a Naybob of IT's Natterings from Part 1 and Part 2...

While many Christian churches expressed grief and offered free funeral services for the victims of the Orlando shooting, the fundamentalist Westboro Baptist Church held an anti-gay protest during the funeral of the victims.

But the Westboro Baptist Church's protest rally was blocked by about 200 people who formed a human barricade on the main street in downtown Orlando, ...

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Swing trading portfolio - week of October 17th, 2016

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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Mapping The Market

The Most Overlooked Trait of Investing Success

Via Jean-Luc

Good article on investing success:

The Most Overlooked Trait of Investing Success

By Morgan Housel

There is a reason no Berkshire Hathaway investor chides Buffett when the company has a bad quarter. It’s because Buffett has so thoroughly convinced his investors that it’s pointless to try to navigate around 90-day intervals. He’s done that by writing incredibly lucid letters to investors for the last 50 years, communicating in easy-to-understand language at annual meetings, and speaking on TV in ways that someone with no investing experience can grasp.

Yes, Buffett runs an amazing investment company. But he also runs an amazing investor company. One of the most underappreciated part of his s...

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Digital Currencies

Gold, Silver and Blockchain - Fintech Solutions To Negative Rates, Bail-ins, Currency Debasement and Cashless

Courtesy of ZeroHedge. View original post here.

By Jan Skoyles

I was so pleased yesterday by the announcement that I have joined the Research team at GoldCore as it meant that I could finally start talking about it and was back in a role that lets me indulge in my passion by researching and geeking out on all things gold, silver and money.


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Epizyme - A Waiting Game

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

Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer.  One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."

Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.  

Genetic components are the DNA sequences that are 'inherited.'  Some of these genes are stronger than others in their expression (e.g., eye color).  Yet, some genes turn on or off due to external factors (environmental), and it is und...

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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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PSW is more than just stock talk!


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! 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, ...

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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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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.

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