Author Archive for Market Shadows

News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

U.S. stocks scale new peaks on retailer results; oil falls (Reuters)

Two top U.S. equity indexes scaled record peaks on Thursday after strong earnings reports from retailers, outpacing European shares which were little changed, while oil prices plunged after top crude producers extended output cuts for a shorter period than expected.

Hedge Funds Squeezed by World's Highest Rents Are Moving Out (Bloomberg)

Benjamin Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong’s hustling, bustling Tin Hau neighborhood.

China's Downgrade Could Lead to a Mountain of Debt (Bloomberg)

The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas debt becomes more expensive, increasing risks for the nation’s finance industry.

OPEC, non-OPEC extend oil output cut by nine months to fight glut (Reuters)

OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.

China Hitches Yuan to the Dollar, Buying Rare Calm (The Wall Street Journal)

China’s central bank is effectively anchoring the yuan to the dollar, a policy twist that has helped stabilize the currency in a year of political transition and market jitters about China’s economic management.

Data Mining to Find Tax Cheaters (Bloomberg)

Driven by fear of prison and scandal, tens of thousands of Americans who hid money offshore have taken an amnesty deal offered by the U.S. Internal Revenue Service since 2009.

Investors are pouring billions into the hottest part of the stock market (Business Insider)

No area of the stock market has been hotter than tech since the election, and it seems investors still haven't gotten their fill.

They poured $1.8 billion into the largest exchange-traded fund tracking the sector on Tuesday, the biggest single-day inflow since September 2010.

Bitcoin blew past its record and soared to $2,800 in just a few hours — and now it's plunging (Business Insider)…
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

GOLDMAN SACHS: Hedge funds are betting billions that these 18 stocks are doomed (Business Insider)

Hedge funds have had a great year picking stocks. But there's a dark underbelly to their investment activity that involves betting on companies to falter.

Moody's downgrades Hong Kong credit rating after China cut (Fox News World)

Moody's decision to cut its credit rating for Hong Kong soon after downgrading its China rating on worries about rising debt levels drew an objection Thursday from the business hub's financial chief.

Fracking, Now The Dominant Technology, Will Keep Oil Price Around $55: Goldman Sachs (Forbes)

Oil prices may rise or fall in the short-term, but they will return to a range of $55 to $65 in the long term because that's the price of oil from fracking shale wells, the Goldman Sachs head of research said in Chicago Wednesday.

Oil Prices Drop After OPEC Meeting Concludes (Forbes)

The OPEC and non-OPEC oil ministers concluded their meeting, as expected, with an agreement to extend current production cuts for an additional 9 months. Khalid al-Falih explained that the ministers considered extending the cuts for 6, 9 or 12 months and concluded that 9 months was the most appropriate at this time.

Inflation Isn't Evenly Distributed: The Protected Are Fine, the Unprotected Are Impoverished Debt-Serfs (Of Two Minds)

The Consumer Price Index (CPI) measure of inflation is bogus on a number of fronts, a reality I've covered a number of times: though the heavily gamed official CPI is under 2% for the past four years, the real rate is 7% to 12%, depending on whether you happen to live in locales with soaring rents/housing and healthcare costs.

Tourism in the US has drastically declined since Trump was elected (Business Insider)

The US tourism business is in trouble — and President Trump may be to blame. 

America's share of international tourism has dropped 16% in March, compared to the same month in 2016, according to Foursquare data released Wednesday. 

Dividend payouts more than double as firms find little use of cash (Daily News and Analysis)

Dividend payouts in India Inc more than


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

OPEC Boss Embraces Shift to Top Diplomat (The Wall Street Journal)

During a turbulent year for oil prices, the Organization of the Petroleum Exporting Countries’ top official, Mohammad Barkindo, has embraced a role as the global energy industry’s chief diplomat.

Eurozone ‘still fragile’ despite growth spurt, warns European Central Bank (The Telegraph)

Europe’s sovereign debt crisis might seem like a distant memory as the eurozone economy enjoys a healthy growth spurt, but the European Central Bank fears that government finances in the currency area “remain fragile”.

China's Risk Crackdown Deters Debt When Banks Need It Most (Bloomberg)

China’s revved up campaign to clean up its financial system couldn’t be coming at a worse time for the country’s banks.

Fed Minutes Signal Officials Ready to Raise Rates Again Soon (The Wall Street Journal)

Federal Reserve officials expected at their policy meeting this month that it would “soon be appropriate” to raise short-term interest rates, a signal the U.S. central bank could move in June at its next gathering.

Oil falls below $51 as OPEC’s 9-month output-cut extension disappoints (Market Watch)

Oil prices fell Thursday, but managed to recoup some of their earlier losses as traders assessed an agreement by the Organization of the Petroleum Exporting Countries extend production cuts by nine months.

Fed Minutes to Offer Clues on Debate Over Path of Rate Increases (The Wall Street Journal)

Federal Reserve officials left their benchmark short-term interest rate unchanged within a range between 0.75% and 1% at their meeting May 2-3, and minutes of that gathering could indicate whether they are preparing to lift it by a quarter percentage point at their next meeting June 13-14.

China Hit by First Moody's Downgrade Since 1989 on Debt Risk (Bloomberg)

Moody’s Investors Service cut its rating on China’s debt for the first time since 1989, challenging the view that the nation’s leadership will be able to rein in leverage while maintaining the pace of economic growth.

Robert Shiller: Stay in the market because it ‘could go up 50% from here’ (CNBC)

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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Investors Just Pulled the Most Cash From Small Caps in a Decade (Bloomberg)

Investors pulled $3.5 billion from the biggest exchange-traded fund that tracks the Russell 2000 Index last week, spooked by the steepest selloff in the domestically focused stocks since before Donald Trump’s surprise election win.

Japan manufacturers' mood slips despite economic recovery: Reuters Tankan (Reuters)

Confidence among Japanese manufacturers receded in May for the first time in nine months after hitting a decade-high level April, a Reuters survey found, showing guarded optimism in a nascent export-led economic recovery.

OPEC Wants to Carry on Pumping Less and Earning More (Bloomberg)

At first glance, OPEC’s cuts haven’t worked — global oil inventories remain well above normal levels. But the policy’s made a difference where it really counts: juicing the coffers of finance ministries from Baghdad to Caracas.

ECB Says Higher Yields Could Trigger New Debt Concerns (Bloomberg)

The European Central Bank said debt-sustainability concerns have risen in the past six months amid a potential increase in yields and political uncertainty in some countries.

Oil Shrugs Off U.S. Supply Drop as Investors Await OPEC Meeting (Bloomberg)

Oil investors shrugged off declining U.S. stockpiles as they held their breath ahead of OPEC’s meeting on Thursday.

Iran's Maxed-Out Crude Output Eases OPEC Push to Extend Cuts (Bloomberg)

Iran’s oil industry bounced back from sanctions last year, cranking up output to recover market share from other OPEC producers. Now that its surge has topped out, Iran supports an extension of the group’s cuts to preserve those gains.

There are tons of newly built homes – just the wrong kind (CNBC)

Ask anyone house hunting this spring, and they'll tell you there are far too few homes for sale. But, really, it's the price tags of the homes for sale that are the issue.

China Can’t Sustain Its Debt-Fueled Binge, Moody’s Says (NY Times)

China has gone on a spending spree, borrowing money to build cities, create manufacturing giants and nurture financial markets


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Global stocks recover despite China downgrade; Fed minutes due (Reuters)

World stock markets recovered on Wednesday from initial losses after Moody's first credit downgrade of China in 30 years, with investors turning their attention to U.S. Federal Reserve minutes that could provide more certainty of a rate hike next month.

Goldman Sees OPEC Cut Dwarfing U.S. Oil Sale If It Occurs at All (Bloomberg)

OPEC can rest easy even on the off chance that Donald Trump’s plan to sell U.S. oil reserves comes to fruition, according to Goldman Sachs Group Inc.

ECB Warns of Dangers of `Ripple Effect' From House Price Boom (Bloomberg)

The European Central Bank warned there may be “excessive exuberance” in some European housing markets, driven in part by foreign buyers, that could spread to other areas in a “ripple effect.”

A Few Big Stocks Don't Tell the Whole Market Story (Bloomberg)

Investors are becoming increasingly worried that a few stocks seem to be driving the returns in the S&P 500 this year. Apple is up more than 33 percent in 2017. Facebook and Amazon shares are both up around 28 percent. 

Bidding Wars Turn to Homebuyers’ Remorse in Toronto (Bloomberg)

After a double whammy of government intervention and the near-collapse of Home Capital Group Inc., sellers are rushing to list their homes to avoid missing out on the recent price gains.

The rise of bitcoin, ethereum, and other cryptocurrencies shows just how weird markets are right now (Business Insider)

The market capitalization of Ethereum, the second largest “cryptocurrency,” has soared 88% in a week, from $8.4 billion, when I pooh-poohed it  on May 15, to $15.8 billion at the moment. 

Algos could trigger the next stock market crash (Wolf Street)

Quant-focused hedge funds – they specialize in algorithmic rather than human trading – gained $4.6 billion of net new assets in the first quarter, and now hold $932 billion, or about 30% to the $3.1 trillion in total hedge-fund assets. 

How Overvalued Is The S&P 500? (Jonathan…
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Trump budget to increase growth by boosting investment, labor force: Mnuchin (Reuters)

The Trump administration believes its budget plan will boost economic growth by fostering capital investment and creating jobs for workers who gave up their job hunts during tough times, Treasury Secretary Steven Mnuchin said on Tuesday.

With Earnings Season Over, the Insecurity Can Begin for S&P 500 Bulls (Bloomberg)

The issue is earnings season, which for the past four years has occasioned an astonishing amount of the upside in the American stock market. When companies are reporting results, the S&P 500 Index is ahead, rising a net 910 points.

‘Still a Question Mark’ Around Full Employment, Fed’s Brainard Says (The Wall Street Journal)

It is too soon to declare victory on the labor market’s recovery from the recession despite recent improvements, Federal Reserve Governor Lael Brainard said Monday.

Trump's Crazy Budget Assumptions Will Batter The Poor And Middle Class (Forbes)

The Trump administration budget is to be unveiled on Tuesday, though advanced information was available Monday evening. There's already been detailed coverage trickling out, but beyond the details are underlying budget assumptions.

U.S. New-Home Sales Fall More Than Forecast (Bloomberg)

A larger-than-forecast decline in new-home purchases in April from the strongest pace in almost a decade indicates a pause in demand in the midst of the busy spring selling season, government data showed Tuesday.

Five Reasons Why 'The Retail Apocalypse' Is A False Scare Story (Forbes)

Talk about the death of retail is great click bait. Media outlets from the Wall Street Journal to Fortune to USA Today have trumpeted news about store closings, retail bankruptcies, and the end of retail as we know it. If we’re to believe these articles, we’ll all be buying from Amazon.com, and malls will become old age homes for Baby Boomers. 

Kashkari adds to dovish caution on rate hikes at Fed (Reuters)

Minneapolis Federal Reserve Bank President Neel Kashkari said Tuesday that while the U.S. economy is closer now than it was in March to full employment, he still does not know "if we are there yet," and that the recent decline in core inflation is "concerning."


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

A Wall Street giant has raised $40 billion with the help of Saudi Arabia – and it could 'benefit significantly' from Trump's policies (BX) (Business Insider)

Blackstone Group, the investment giant led by Steve Schwarzman, announced a major deal with Saudi partners during the President's visit to Riyadh over the weekend. Schwarzman is a key outside adviser to the President.

America’s Cities Are Running Out of Room (Bloomberg)

A shortage of homes for sale has bedeviled U.S. house hunters in recent years, so why don’t builders build more? One problem is that they’re running out of lots to build on—at least in the places that people want to live.

Iraq Paves Way for OPEC Deal With Support for 9-Month Extension to Cuts (Bloomberg)

Iraq backed a proposal from Saudi Arabia and Russia to extend output cuts for nine months, removing one of the last remaining obstacles to an agreement at the OPEC meeting in Vienna this week.

The carnage in retail is good news, but only if you know where to look (ULTA, FND, TSCO) (Business Insider)

A handful of industries and companies are defying the downturn in retail as consumers move online to buy things.

They don't include apparel retailers like Macy's and TJX, which disappointed on first-quarter earnings. 

What Economists May Have Gotten Wrong About Refugees and Wages (Bloomberg Benchmark)

How refugees affect native-worker pay is hotly-debated in economic literature, and new research takes a crack at figuring out why different studies arrive at vastly different conclusions. 

U.S. New-Home Sales Fall More Than Forecast (Bloomberg)

A larger-than-forecast decline in new-home purchases in April from the strongest pace in almost a decade indicates a pause in demand in the midst of the busy spring selling season, government data showed Tuesday.

Trump budget wants to halve oil stockpile, open Arctic refuge to drilling (Reuters)

U.S. President Donald Trump's White House wants to sell half of the nation's emergency oil stockpile and open the Alaska National Wildlife Refuge to drilling as part of plans to balance the budget over the next 10 years, documents by the administration showed.

BNY Mellon
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Stock Bears See Hong Kong's Greatest Short in Great Wall Motor (Bloomberg)

Short-sellers crowding into Great Wall Motor Co. are being vindicated — and they’re lining up for more.

Shares in China’s largest SUV maker have retreated 19 percent from a February peak in Hong Kong as sales of its aging Haval H6 model fell and the company reported a quarterly profit decline.

Australian Mortgage Bond Sales Are Climbing Despite Housing Warnings (Bloomberg)

Investors are lapping up mortgage bonds in Australia even as regulators and credit assessors step up their warnings about risks from the nation’s housing market.

Yen Gains, U.S. Futures Drop Amid Trump Concerns: Markets Wrap (Bloomberg)

The yen rose and U.S. equity-index futures fell while Asian markets were mixed as investors sifted through the latest news on the Trump administration.

Baby boomers are making it harder for millennials to buy homes (Business Insider)

If you've been in the market for your dream home, you may have found that it's particularly difficult to find one right now. 

Housing inventory has rached historic lows across the country, and competition is heating up. 

As Machines Take Jobs, Companies Need to Get Creative About Making New Ones (Harvard Business Review)

Jobs in retail, transportation, manufacturing, and agriculture are highly vulnerable to technological change. Retailers such as Macy’s and The Limited are closing hundreds of stores and cutting tens of thousands of jobs as people buy more and more products online, and others are testing robotic assistants or planning for autonomous stores.

Nearly $150K Per Post? What You Need To Know About China's Key Opinion Leaders (Forbes)

What are key opinion leaders (KOLs) and why should I care about them? Good question. KOLs in China are essentially social media influencers. Think the Kardashians but with more clothes on.

The 10 most affordable places to own a home on the beach in the US (Smart Asset)

Vacation home prices have skyrocketed in recent years, causing home sales to fall.

According to a report from the National Association of Realtors, vacation home sales declined by 18.5% between 2014 and 2015.

Admit It: You Know
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Producers Set to Extend Cuts as Rally Stalls: OPEC Reality Check (Bloomberg)

Reeling from the worst oil-market rout in a generation, producers controlling about 60 percent of the world’s supply came together last year determined to put an end to the global glut. 

OPEC's Worst Cheater Will Get Harder to Ignore as Curbs Falter (Bloomberg)

OPEC’s second biggest producer is also its biggest cheater.

And if past is prologue, that lengthens the odds the group will be able to squeeze too many more price gains out of its output cuts.

Euro Rebounds to Six-Month High on Merkel While Dollar Steadies (Bloomberg)

The euro climbed to a six-month high, rebounding from an early decline, after Chancellor Angela Merkel said the common currency was “too weak.” The dollar stabilized in a narrow range following the biggest weekly slump since July.

Commodity Traders Have a Really Big Problem (Bloomberg)

For commodity traders operating in the Information Age, just good old trading doesn’t cut it anymore.

Unlike the stock market in which transactions are typically based on information that’s public, firms that buy and sell raw materials thrived for decades in an opaque world where their metier relied on knowledge privy only to a few.

Credit Cards Give Investors Jitters, But Bankers Sleep Just Fine (Bloomberg)

For John McDonald, the math on credit cards is pretty simple.

“Generally, if the consumer has income, they pay their debts,” McDonald, an analyst at Sanford C. Bernstein, said in a note to clients last week. “Consumer credit losses are driven predominantly by unemployment.”

Here’s Why the Fed Will Stay Central to Markets (The Wall Street Journal)

Federal Reserve officials grappling with the legacy of expansive stimulus would find it difficult to return to the central bank’s precrisis role on the sidelines of financial markets, analysts and central-bank watchers say.

Preakness is Latest Victory for Hedge Fund Billionaire Seth Klarman (The Wall Street Journal)

On Saturday, a horse


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Euro zone, IMF to seek compromise on Greek debt deal Monday (Reuters)

Euro zone finance ministers and the International Monetary Fund will seek a deal on Monday on Greek debt relief that balances the IMF's demand for a clear "when and how" with Germany's preference for "only if necessary" and "details later".

Commodity Traders Are Stuck in a World Where Everybody Knows Everything (Bloomberg)

For commodity traders operating in the Information Age, just good old trading doesn’t cut it anymore.

Unlike the stock market in which transactions are typically based on information that’s public, firms that buy and sell raw materials thrived for decades in an opaque world where their metier relied on knowledge privy only to a few.

Japanese Exports Rise for Fifth Consecutive Month in April (Bloomberg)

Japanese exports expanded for a fifth consecutive month in April, with shipments to China surging as global demand continued to support the nation’s economic recovery.

China's Demographic Time Bomb Continues to Tick (Bloomberg Benchmark)

China's demographic time bomb continues to tick. 

Even after the government cleared the way for couples to have a second child, working women are reluctant to expand their family--or have any children at all.

Why the Rout in Retail Shouldn't Be a Big Worry for U.S. Economy (Bloomberg)

A furious pace of store closings and bankruptcies has drummed up fears that U.S. retail is collapsing. Not so fast: Many indicators suggest that retail employment is unlikely to shrivel and the economy will withstand any shock from the sector’s rout.

Farming the World: China’s Epic Race to Avoid a Food Crisis (Bloomberg)

China’s 1.4 billion people are building up an appetite that is changing the way the world grows and sells food. The Chinese diet is becoming more like that of the average American, forcing companies to scour the planet for everything from bacon to bananas.

Tech Sector Is Seeing Its Biggest Annual Inflows in 15 Years, BofA Says (Bloomberg)

This year has been a big one for the technology sector, and now we’re getting data on just how quickly investors are piling into this already crowded area


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ValueWalk

Perpetual Beta

By Guest Post. Originally published at ValueWalk.

“The strongest predictor of rising into the ranks of superforecasters is perpetual beta – the degree to which one is committed to belief updating and self-improvement. It is roughly three times as powerful a predictor as its closest rival, intelligence.” – Philip E. Tetlock and Dan Gardner

Learning from failure requires two things. One – we must expect to fail. Two – we must recognize when we fail. In Superforecasting, Tetlock and Gardner suggest that vague terms like “probably” and &#...



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Phil's Favorites

Why Montana just elected Greg Gianforte, a man charged with assault, to Congress

 

Why Montana just elected Greg Gianforte, a man charged with assault, to Congress

Courtesy of Lee Banville, The University of Montana

Until just about 24 hours before the polls closed, the race for Montana’s sole congressional seat seemed to be focused on health care, Donald Trump and gun rights. Republican businessman Greg Gianforte appeared to be headed for a likely victory in the race against another political newcomer, musician and Democrat Rob Quist.

Then came Wednesday night.

As most people seem to now know, Gianforte lashed out at Ben Jacobs of the Guardian when the reporter pressed him for his stand on the House Rep...



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Zero Hedge

Stocks Surge For 7th Straight Day As US Macro Data Hits 15-Month Lows

Courtesy of ZeroHedge. View original post here.

"Smells Like Victory" - Happy Memorial Weekend...

Let's start with this...

S&P at record highs as US macro data topples to 15-month lows...

Nasdaq hit record highs as Earnings Expectations slump to 2017 lows...

...



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Digital Currencies

Bitcoin Is Crashing (Again)

Courtesy of Zero Hedge

While Bitcoin is still up 13% on the week (its 8th weekly ruse of the last 9), the dollar price of the virtual currency is collapsing again in US trading (after a big rebound during the Asian session)...

Just as with yesterday, there is no immediate news catalyst for the flush.

Meanwhile, the huge arb with South Korea bitcoin pricing remains, and as of this moment is still nearly $1000.

Today's drop ...



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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

U.S. stocks scale new peaks on retailer results; oil falls (Reuters)

Two top U.S. equity indexes scaled record peaks on Thursday after strong earnings reports from retailers, outpacing European shares which were little changed, while oil prices plunged after top crude producers extended output cuts for a shorter period than expected.

Hedge Funds Squeezed by World's Highest Rents Are Moving Out (Bloomberg)

Benjamin Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong’s hustling, bustl...



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Chart School

S&P Breakout on Higher Volume Accumulation

Courtesy of Declan.

While I expected the Dow Jones to be the breakout flyer, instead it was the S&P which led the charge on higher volume accumulation.  Technicals are all in the green with a return of the MACD trigger 'buy'.



The Dow did manage to break past 21,000 with a MACD trigger 'buy' but it's still contained by all-time high resistance at 21,200. The index is still well positioned for a larger breakout, but this is the sixth day of consecutive gains for the index so some pullback can be expe...

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Members' Corner

Robert Sapolsky: The biology of our best and worst selves

Interesting discussion of what affects our behavior. 

Description: "How can humans be so compassionate and altruistic — and also so brutal and violent? To understand why we do what we do, neuroscientist Robert Sapolsky looks at extreme context, examining actions on timescales from seconds to millions of years before they occurred. In this fascinating talk, he shares his cutting edge research into the biology that drives our worst and best behaviors."

Robert Sapolsky: The biology of our best and worst selves

Filmed April 2017 at TED 2017

 

p.s. Roger (on Facebook) saw this talk and recommends the book ...



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OpTrader

Swing trading portfolio - week of May 22nd, 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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Biotech

Beyond just promise, CRISPR is delivering in the lab today

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

Beyond just promise, CRISPR is delivering in the lab today

Courtesy of Ian HaydonUniversity of Washington

Precision editing DNA allows for some amazing applications. Ian Haydon, CC BY-ND

There’s a revolution happening in biology, and its name is CRISPR.

CRISPR (pronounced “crisper”) is a powerful technique for editing DNA. It has received an enormous amount of attention in the scientific and popular press, largely based on the promise of what this powerful gene e...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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Mapping The Market

Bombing - Right or Wrong?

Courtesy of Jean-Luc

I am telling you Angel – makes no sense… BTW:

Republicans Love Bombing, But Only When a Republican Does It

By Kevin Drum, Mother Jones

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.

Are there other examples of this? Yes indeed. Jeff Stein points to polling data about air strikes against Syria:

Democr...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

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.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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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.

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