Author Archive for Market Shadows

News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Saudi Arabia could see more instability if oil doesn't get back up to $60 (Business Insider)

With the OPEC production deal holding, at least for the moment, questions have now arisen over how prospects look for the cartel’s biggest producer. It’s been a strange few years for the Kingdom of Saudi Arabia, as its endured budget deficits for the first time in its modern history, stagnation in oil prices and rising competition from other OPEC members and the American shale boom.

Euro zone yields spike as Yellen comments add to pressure on ECB (Reuters)

Euro zone bond yields rose sharply on Thursday as comments from U.S. Federal Reserve Chair Janet Yellen overnight were viewed as ratcheting up pressure on the European Central Bank's commitment to its loose monetary policy.

How stocks perform in a new president’s first 100 days — in one chart (Market Watch)

Donald Trump is about to get his first 100 days as U.S. president, and one strategist is highlighting how stocks have fared historically during a new president’s initial months on the job.

It’s time to rewrite the rules of economics to end the growing chasm of inequality (The Guardian)

The debate taking place between the snow-topped peaks of Davos this week will be dominated by one issue and one issue alone, the surge in inequality. In a democracy, anger isn’t abstract. As both the vote for Brexit and the election of Donald Trump show, it turns up on polling day.

Fund manager who correctly predicted 2014 drop in oil now sees prices in the $30s (Market Watch)

The dark days of February 2016, when oil and stock prices were in a race to the bottom, are a distant memory. The lows were hit on Feb. 11, when the S&P 500 Index closed a bit above 1,829 and West Texas Intermediate crude settled just north of $26 a barrel.

Davos: What's New, What's Not…And What's Next (Forbes)

After my 20 years of ascending the “Magic Mountain” of Davos every January, one might run the risk of thinking that the world will continue in the future as it has in the past. Often, the


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Oil, Snow and Saudi Billions: Secret Davos Gets Down to Business (Bloomberg)

Nothing sharpens the mind of Davos delegates more than the prospect of striking big deals — and after a day of debating globalization and its discontents it was time to go for the biggest one of all.

Oil Gains as U.S. Stockpiles Fall While IEA Sees OPEC Cutting (Bloomberg)

Oil recovered after the biggest drop in more than a week as industry data showed U.S. crude stockpiles declined, while OPEC and other producing nations trim output to ease a global glut.

Kuwait’s World-Beating Stock Rally May Just Be Getting Started (Bloomberg)

Kuwaiti stocks have started the year with a charge, performing better than any other market in the world in January. Investors expect the positive momentum to continue.

Inflation-Adjusted Rates in Britain for Five Years and Beyond May have Fallen too Much: Analysis (Bloomberg)

Inflation-adjusted rates in Britain may try to reverse course after diving deep into the negative zone following Brexit, Bloomberg strategist Tanvir Sandhu writes.

India May Be a Bright Spot for Global Solar Markets This Year (Bloomberg)

India may be a bright spot for global solar markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices.

ECB Keeps Stimulus on High Even as Economy Picks Up (Associated Press)

President Mario Draghi has some explaining to do — about why the European Central Bank is leaving its stimulus programs running nearly full blast while inflation and growth are picking up.

Here's a super-quick guide to what traders are talking about right now (Business Insider)

Dave Lutz, the head of exchange-traded funds at JonesTrading, has a quick overview of what's going on in markets on Thursday. 

ECB Said to Lack Agreement on How to Buy Debt Below Deposit Rate (Bloomberg)

Euro-area central banks still lack a formal agreement on the procedures for buying the lowest-yielding bonds under quantitative easing, according to people familiar with the matter.

China’s
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Breaking News And Best Of The Web

Courtesy of John Rubino.

US stocks down, gold and silver fall from multi-week high. Brexit process begins. Protesters and police gearing up for Trump inauguration. Earnings season starting well for banks and miners. Global debt continues to soar, especially in China. Fake news debate rages. Trump and Merkel trade insults.  

Best Of The Web

US financial markets – alarm bells are ringing – Acting Man

Fire with fire – Automatic Earth

2017—Shades of 1937 – Financial Sense

Why the stock market has blasted into outerspace – Econimica

Surmount impending markets shocker to profit and protect – 24hGold

Off to an interesting start – Credit Bubble Bulletin

Mad as Hell – Peak Prosperity

How much did it cost to build the Titanic – GoldSeek

RealVision’s 15 “killer charts” for Q1 2017 – Zero Hedge

3 things: consumer debt, NFIB optimism & policy uncertainty – Real Investment Advice

Secular stagnation theory: challenge to Delong, Summers, Bernanke, more – Mish

The calm before the storm for China inflation – Asia Times

Black magic fraud to be exposed in 2017 – gold up 300x – Egon von Greyerz

—————————————————————–

Breaking News

The Economy

1/19    Philly Fed index jumps to 23.6 in January – MarketWatch

1/19    Steve Keen exposes next global economic shockwaves – FinFeed

1/19    Debt rattle – Automatic Earth

1/19    How Deutsche Bank made −$462 million disappear – Bloomberg

1/19    Industrial production jumps due to weather: good news stops there – Talk Markets

1/19    Populism; the danger? What about debt? – Wix

1/19    No crisis yet in China’s debt-clogged banks, says S&P – Telegraph

1/19    World’s worst tax haven threatens to expand its operations – Wolf Street

1/19    Here’s what keeps Ray Dalio up at night – Forbes

1/19    The spectre of zombie banks – International Banker

1/19    ‘Fiscal sword of Damocles hanging over’ Illinois economy – Sangmon Sun

1/19    Over $100 billion


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Crude Prices Fall on Dollar, U.S. Shale Output (The Wall Street Journal)

Crude prices fell Wednesday, weighed down by a stronger dollar and concerns that rising U.S. shale production may offset a move by major producers to cut global supply.

Retail stocks are getting crushed (Business Insider)

Retail stocks are under pressure on Wednesday after Target announced it was slashing its guidance as a result of "disappointing traffic and sales trends."

Higher gasoline, rental costs boost U.S. consumer inflation (Reuters)

U.S. consumer prices increased in December as households paid more for gasoline and rental accommodation, leading to the largest year-on-year increase in 2-1/2 years and signaling that inflation pressures could be building.

Oil Resumes Advance as Report Shows U.S. Crude Stockpiles Drop (Bloomberg)

Oil resumed gains after the biggest drop in more than a week as industry data showed U.S. crude stockpiles declined, while OPEC and other producing nations trim production to ease a global glut.

U.S. industrial output rises 0.8 percent as utilities surge (Reuters)

U.S. industrial production rebounded in December due to the biggest jump in utilities since 1989 as temperatures cooled across the country.

These maps show how different Red America is from Blue America (Business Insider)

America looks vastly different in Trump counties than it does in Clinton counties.

European Stocks Little Changed as Miners Climb, Pearson Tumbles (Bloomberg)

The Stoxx Europe 600 Index rose 0.2 percent at the close. Commodity producers advanced 1.4 percent, the most among industry groups, extending their 2017 gains. Media companies were the worst performers as Pearson plunged 29 percent, the most on record.

People in the US and Canada spent over $53 billion on marijuana in 2016 (Business Insider)

People in North America spent $53.3 billion on legal, medical, and illicit marijuana in 2016. That's more cash than Americans blow in a year at McDonald's and Starbucks combined.

Here's How the Stock Market Works (Fool.com)

If you're new to investing, the stock market can understandably seem confusing. However, understanding the stock market doesn't need to be too difficult. While it's impossible


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Oil Falls as IEA Chief Sees ‘Significant’ Boost to U.S. Output (Bloomberg)

Oil fell in New York, reversing earlier gains, after the head of the International Energy Agency predicted a rebound in U.S. supply.

European Stocks Hold Steady as Investors Prepare for ECB Meeting (Bloomberg)

European shares were little changed as investors prepared for the European Central Bank’s policy meeting on Thursday, when they’ll look for clues as to when the institution may begin curtailing its stimulus measures.

Pound Rescued by May Faces Choppy Waters as Political Risks Loom (Bloomberg)

The pound may have rallied the most since the 1990s after Prime Minister Theresa May promised a parliamentary vote on taking the U.K. out of the European Union, but the currency isn’t out of the woods yet.

Volatile Pound Stokes Life Into Emerging-Market Carry Trades (Bloomberg)

Investors are betting a trade that reaped returns of more than 20 percent last year for borrowing dollars to buy Brazil’s real, Russia’s ruble and South Africa’s rand has further to run — only they’re using the battered British pound to fund long positions in emerging-market currencies.

The 7 most inclusive European economies (Business Insider)

The World Economic Forum (WEF) has published its annual "Inclusive Growth and Development Report," a set of research which includes a ranking of countries according to the "inclusiveness" of their economies.

Asian Shares Gain, Led by Energy Companies on Higher Oil Prices (Bloomberg)

Asian stocks gained, led by a surge in energy companies after oil climbed above $52 per barrel. Japanese shares rebounded as investors picked up depressed shares.

China Charts Course for Opening to More Foreign Investment (Bloomberg)

China has released plans to relax restrictions on foreign investment and make it easier for overseas companies to list on domestic markets, as Premier Li Keqiang pushes ahead with efforts to open up the world’s second-largest economy.

10 things you need to know in markets today (Business Insider)

HSBC CEO Stuart Gulliver said trading operations that generate about 20% of revenue for the lender’s investment bank


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Sterling basks in glow of May's Brexit speech; stocks slip (Reuters)

The British pound consolidated gains on Wednesday after posting its biggest rise in nearly two decades in the previous session, while Asian stocks are set to drift lower following a weak Wall Street.

Trump’s Options for Weakening Dollar Extend Far Beyond Tweeting (Bloomberg)

Donald Trump may have a point: the dollar is indeed strong. Judging from the Federal Reserve’s own trade-weighted dollar index, the U.S. currency is now around 7 percent above its four-decade average.

Trump Comments Signal Shift in Approach to U.S. Dollar (The Wall Street Journal)

By talking down the value of the U.S. dollar, President-elect Donald Trump is potentially veering away from more than two decades of strong-dollar precedent.

Morgan Stanley Sees Better Trading Environment in 2017 (Bloomberg)

Morgan Stanley said momentum from a strong fourth quarter, including bond-trading revenue that more than doubled, continued into the first weeks of this year.

Trump, Fed Headed for Clash Amid Dollar Surge, Economists Say (Bloomberg)

Donald Trump and the U.S. Federal Reserve are heading for a collision that will almost certainly result in a stronger dollar, two leading economists said.

Be Skeptical of the Fed's Rate Signals (Bloomberg)

At its last policy meeting, in December, the Federal Reserve decided to increase the federal funds rate by 25 basis points. It also indicated that it expected to increase interest rates three times in 2017, as Chair Janet Yellen painted a rosy picture of the prospects for the U.S. 

SEC to award contract to build stock transaction tracking system to Thesys (Market Watch)

Thesys Technologies LLC won the award to operate one of the largest databases ever created, a forensic tool for detecting suspicious trading and investigating the causes of flash crashes in stock markets, people familiar with the matter said.

STOCKS SLIDE: Here's what you need to know (Business Insider)

The dollar tumbled after president-elect Donald Trump said the currency was "too strong." The US dollar index was down by 0.8% at 100.35


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Dollar Falls With U.S. Yields as Brexit Concern Spurs Safety Bid (Bloomberg)

The dollar fell as Treasury yields declined following a long weekend with investors seeking safety amid concern the U.K. is heading for a so-called hard Brexit.

European Stocks Fall as Investors Brace for May’s Brexit Speech (Bloomberg)

European stocks fell on Tuesday, losing ground for a second day, as investors awaited U.K. Prime Minister Theresa May’s speech in which she is set to detail her plan for Brexit.

Nigeria Cashew Farmers Plan Output Boost With Eye on Exports (Bloomberg)

Nigerian cashew producers are working on a four-year plan to cultivate more land and boost exports more than threefold to 500,000 metric tons a year to feed a growing export market.

10 things you need to know in markets today (Business Insider)

Good morning! Here's what you need to know in markets on Tuesday.

Theresa May will on Tuesday rule out any Brexit deal that leaves Britain "half-in, half-out" of the EU, as she sets the country on course for a "Hard Brexit."

Nikkei falls as key U.K. speech looms; China shares volatile (Market Watch)

Asian shares were broadly lower Tuesday, ahead of a crucial speech by U.K. Prime Minister Theresa May, who is set to announce a clean break from the European Union.

Stock market set for a lower open as Trump, Brexit rattle investors (Market Watch)

Wall Street’s postholiday return to action was setting up to be a weak one, as U.S. stock-index futures pulled back after comments from President-elect Donald Trump and as U.K. Prime Minister Theresa May indicated her country will press for a firm exit from the European Union.

Bank Bosses Prep Plans to Move Abroad as May Signals Hard Brexit (Bloomberg)

Finance executives say they are preparing for the worst on Brexit as Prime Minister Theresa May signaled she plans to pull the U.K. out of the European single market.

U.K. Inflation Surges to Fastest Since 2014 as Pound Slumps (Bloomberg)

U.K. inflation accelerated


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Oil Up on Saudi Commitment to Cut; U.S. Output Seen Rising (Reuters)

Oil prices settled up on Monday, as Saudi Arabia's commitments to reducing production offset a report forecasting U.S. output would again rise this year.

Italy will be the next big problem in Europe (Business Insider)

As a new year begins, we look at a key forecast that will bridge 2016 and 2017: the Italian banking crisis. In Geopolitical Futures’ 2016 forecast, we said that the focal point of Europe’s financial crisis would shift from Greece to the Italian banking system.

Portugal Bonds Falter as ECB Running Out of Eligible Debt to Buy (Bloomberg)

The central bank’s holdings of Portugal’s debt are already pushing the limit set by its own guidelines, leaving it likely to buy less this year to avoid breaking those rules. That prospect has led to a selloff in Portuguese government bonds, with 10-year yields having risen almost 40 basis points since the ECB’s December meeting to hit an 11-month high last week.

New Highs For Goldman And JPMorgan Aren't Enough To Propel Dow Above 20,000 (Forbes)

The Dow Jones Industrial Average reached a rounded-up 20,000 when it traded as high as 19,999.63 on January 6. Wall Street and financial media thus ended last week disappointed as they have been since December 13. It appears that Dow 20,000 is a strong technical resistance.

Italy’s Downgrade Is No Buying Opportunity (The Wall Street Journal)

Ratings downgrades can be cathartic events for markets, marking a buying opportunity for bond investors. Italy’s downgrade by DBRS isn’t one of them.

Asia stocks and pound weak, brace for May's speech on Brexit stance (Reuters)

Asian stocks and the pound sagged on Tuesday as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union, which traders fear will see Britain lose access to the bloc's single market.

Saudi to launch $30-50 billion renewable energy program soon: minister (Reuters)

Saudi Arabia will launch in coming weeks a renewable energy program that is expected to involve investment of between $30 billion and $50 billion by 2023, Saudi


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Oil prices under pressure on doubts over output cuts (Reuters)

Oil prices were under pressure on Monday due to doubts that large oil producers will reduce production as promised and on expectations that U.S. production would increase again this year.

Shenzhen Stocks Sink Most in 10 Months in Sudden Afternoon Drop (Bloomberg)

Stocks in China’s second-largest equity market plunged the most in 10 months, underscoring the increasing fragility of the nation’s financial assets.

5 Ominous Signs for Stocks and Bonds (Bloomberg)

Watch the fund-flow data, says Eric Balchunas, and you'll have second thoughts about that post-election run in the stock market.

Our Big Mac index of global currencies reflects the dollar’s strength (The Economist)

IT IS perhaps not surprising that the worst-performing major currency in the world this year is the Turkish lira.

China Builder Delays Earnings Again After Keeping Them a Mystery for Two Years (Bloomberg)

The first property developer from China to default on dollar bonds said last week it needed more time to release earnings already delayed by about two years. It’s the kind of treatment bond investors have gotten used to.

Higher Seattle Minimum Wage Hasn't Hurt Restaurant Jobs Growth After A Year (Forbes)

Someone I know had posted a link about a fast food CEO who said that higher business growth followed minimum wage hikes in California. According to KQED, Bill Phelps, chief executive of Wetzel’s Pretzels, which has more than 100 outlets in the state, was "shocked" when business rose after a wage increase.

Excerpts from The Wall Street Journal Interview with Wolfgang Schäuble (The Wall Street Journal)

Wolfgang Schäuble, the finance minister of Germany since 2009, spoke with The Wall Street Journal in an hour-long interview at his Berlin office on Friday. Following are excerpts from the interview.

Germany Could Cut Corporate Tax Rate, Finance Minister Wolfgang Schäuble Says (The Wall Street Journal)

Germany could reduce its corporate tax rate in the wake of similar moves in the U.K. and the U.S., German Finance Minister Wolfgang Schäuble said.


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Stock market’s most unloved shares send worrying signal (Market Watch)

If you’re the pessimistic type looking for an excuse to sell stocks, it may be lurking in short interest numbers, according to Bespoke Investing Group.

The price of food in the UK is going up and it shows how Brexit will make all Brits poorer (Business Insider)

It's all to do with inflation. For the last year or so, the UK has had very little consumer price inflation (CPI). That means any extra pay earned was kept by workers at its full value.

Kuwait Stocks Extend Advance as Banks Weigh on U.A.E. Markets (Bloomberg)

Kuwait’s main stock gauge, the Middle East’s best performer this year, rose for an eighth day, while shares in the United Arab Emirates fell as investors bet banks will boost provisions for bad loans.

Stocks need earnings to be flawless to keep Trump rally going (Market Watch)

An optimistic earnings season may run into the buzz saw of a self-fulfilling “sell the inauguration” prophecy if quarterly results are not near flawless in the coming week.

Oil’s Painful Cost-Squeeze Generates Output Dividend for Norway (Bloomberg)

Thanks to improvements from cheaper, faster drilling to greater regularity in the operation of production platforms, producers pumped 85,000 barrels a day more crude than expected during the past two years, or 6 percent above forecast, according to industry regulator, the Norwegian Petroleum Directorate.

Cutting Cash Would Be a Boon for the World’s Poor, Rogoff Says (Bloomberg)

The world’s poor stand to be among the “biggest beneficiaries” of the changes that would follow should cash become almost obsolete, according to Kenneth Rogoff, a Harvard economy professor and the author of “The Curse of Cash.”

House prices in trendy London areas like Hackney and Peckham have jumped over 50% since 2008 (Business Insider)

House price growth in once down-at-heel areas of London such as Hackney and Peckham has outpaced posh neighbourhoods such as Mayfair and Kensington since the financial crisis.

To Win Back Customers, Fashion House Fendi Thinks Small (The Wall Street Journal)

Fendi, the Italian fashion


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Zero Hedge

"Deploraball" Protests Turn Bloody As Trump Supporter Assaulted With Flagpole

Courtesy of ZeroHedge. View original post here.

Reports have been rolling in all evening of vicious mobs of violent protesters around Washington DC attacking Donald Trump supporters in town for the inauguration, including people on their way to and from tonight's pre-Inauguration "Deploraball" celebration, held at the National Press Club building. Over 1000 guests were invited to the event organized by Mike @Cernovich and the pro-Trump MAGA3X organization.

As Fox News ...



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Phil's Favorites

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Saudi Arabia could see more instability if oil doesn't get back up to $60 (Business Insider)

With the OPEC production deal holding, at least for the moment, questions have now arisen over how prospects look for the cartel’s biggest producer. It’s been a strange few years for the Kingdom of Saudi Arabia, as its endured budget deficits for the first time in its modern history, stagnation in oil prices and rising competition from other OPEC members and the American shale boom.

Euro zone yields spike as Yellen comments add to pressure on ECB (Reuters)

Euro zone bond yields rose sharply on T...



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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Saudi Arabia could see more instability if oil doesn't get back up to $60 (Business Insider)

With the OPEC production deal holding, at least for the moment, questions have now arisen over how prospects look for the cartel’s biggest producer. It’s been a strange few years for the Kingdom of Saudi Arabia, as its endured budget deficits for the first time in its modern history, stagnation in oil prices and rising competition from other OPEC members and the American shale boom.

Euro zone yields spike as Yellen comments add to pressure on ECB (Reuters)

Euro zone bond yields rose sharply on T...



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ValueWalk

Nuggets of Wisdom: Warren Buffett on Investing, Leverage and Market Bubbles

By VWArticles. Originally published at ValueWalk.

]]> Get The Full Walter Schloss Series in PDF

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Chart via Larry Cunningham

The post Nuggets of Wisdom: Warren Buffett on Investing, Leverage and Market Bubbles appeared first on ValueWalk.

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Chart School

Small Cap Losses Accelerate

Courtesy of Declan.

Small Caps again took the brunt of the selling as Shorts took advantage of yesterday's small rally back to former support (turned resistance) to enter positions. With the 'bull trap' in full effect, the next target down for the index is 1,308. Of supporting technicals, only Stochastics [39,1] is left to break its bullish alignment,


The S&P took a modest loss, but not enough to break it out of its consolidation. Volume was also lighter. With the Russell 2000 on the way down, it's suggesting the S&P will follow suit....

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Kimble Charting Solutions

Will it be different this time for stocks and bonds?

Courtesy of Chris Kimble.

My mentor Sir John Templeton (founder of the Templeton Funds) used to share that the four most dangerous words in investing are; “It’s Different This Time!” 

Below looks at long term charts on the S&P 500 and the yield on the 10-year note (inverted to look like bond prices).

CLICK ON CHART TO ENLARGE

...

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Members' Corner

NFL 2016 Playoffs Championship Sunday

Courtesy of Nattering Naybob.

Following up on our Divisional Playoff projections, all match up stats in Yards Per Attempt, provided by Pro Football Reference.  All times Eastern.

From our Wildcard Weekend projections...
As they are both hotter than a squirrel putting suntan oil on his nuts, keep your eyes on these dark horses...In the NFC, watch the GB Sausage Packers, the potential of facing Mr. Rodgers and his O-line has the DAL Pokes (aka Jerry's Kids) defensive coordinator sweatin like a priest at a preschool.In the AFC, watch the Three Ri...

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OpTrader

Swing trading portfolio - week of January 16th, 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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Digital Currencies

China's Bitcoin Exchanges Suspend Margin Trading

Courtesy of Zero Hedge

China's bitcoin traders who use the most popular bitcoin exchange not only in China, but also the entire world, BTCChina, were met with an unexpected warning on Friday:

Starting from January 12th, 2017, BTCChina has suspended margin loan service. If you have any questions, please contact Customer Service: support@btcc.com.

BTCChina, which commands over 37% of global bitcoin trading...

... wasn't alone.

Fo...



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Mapping The Market

If we try it enough, it will work.

Via Jean-Luc

Brownback wants Trump to emulate what he did in Kansas because it worked so well:

Sam Brownback Calls on Donald Trump to Mimic His Kansas Tax Plan

By RICHARD RUBIN and  WILL CONNORS

Sam Brownback, the Kansas governor whose tax cuts brought him political turmoil, recurring budget holes and sparse evidence of economic success, has a message for President-elect Donald Trump: Do what I did.

In 2013, Mr. Brownback set out to create a lean, business-friendly government in his state that other Republicans could replicate. He now faces a $350 million deficit when the Kansas legislature convenes in January and projections of a larger one in 2018. The state’s economy is flat and his party is fractured...

...

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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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Promotions

Phil's Stock World's Las Vegas Conference!

 

Come 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:  8:00 am Sunday morning

Location: Caesar's Palace in Las Vegas

Notes

Caesar's has tentatively offered us rooms for $189 on Saturday night and $129 for Sunday night. However, we have to sign the contract ASAP. We need at least 10 people to pay me via Paypal or we may lose the best rate for the rooms. (Once we are guaranteed ten attendees, I will put up instructions to call the hotel for individual rooms.)

The more people who sign up,...



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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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