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Phil's Newsletter

Technical Tuesday – Markets Need a Boost, But from Where?

Is our rally getting tired already?

As you can see from our Big Chart, we're curling over right about our 50 dmas and we don't want to do that because those are declining 50 dmas and if we follow those down then we add negative data to the 200 dmas and, once they start curling down, we're pretty screwed

So, we need something to boost the markets and it's not looking like it will be a sudden solution to the Fiscal Cliff and it's already December 4th so only 14 trading days until Christmas and I think we're going to need a miracle to pull this one out of a hat.  

There's not much for data to move us this week – just Productivity, Factory Orders and ISM tomorrow, Consumer Comfort on Thursday and Consumer Credit and Sentiment on Friday.  Next week we have the final Fed meeting of the year Tuesday and Wednesday and next Thursday we get Retail Sales and Industrial Production on Friday so, if we're going to have some kind of launch based on data – that would be the time for it.

SPY MINUTEOtherwise, we're adrift and counting on Congress to "fix" things in order to get the markets moving again.  Dave Fry's SPY chart shows the relentless selling we got yesterday as soon as the bell rang in the morning – erasing all of the pre-market gains and dropping us back to just under 1,410 on the S&P.  

We're still holding our strong bounce lines of Dow 12,950, S&P 1,400, Nasdaq 3,000 (barely), NYSE 8,100 and Russell 805 but the Dow is too close for comfort and, as I said last week – losing ANY of our levels at this point is going to be a very bad sign.

That's why we've held onto our TZA weekly $16 calls (now .12) in our virtual $25,000 Portfolio and why we are 9/10 covered on our AAPL spread as well.  We took a lot of open bullish plays off the table last week as we approached this level test and, now that we may be failing it – we certainly aren't feeling more bullish!  

Worst of all, we're having this spot of trouble at our levels while the Dollar is getting weaker – usually we can count on a weak Dollar to boost the markets but the rats are leaving…
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Merry Monday Morning – Will Santa Come to Town?

Is it time for the Santa Clause Rally?

For a thing people seem to take for granted – they never seem to know what time (or day) it's supposed to start or how big it's supposed to be or how long it's supposed to last.  That doesn't stop the MSM from obsessing over the "Santa Clause Rally" each December and, the closer we get to Christmas – the more likely they are to claim any forward market movement to be a rally – much as my daughter used to call any old man with white hair and a beard Santa when she was five and we'd be in New York during the holidays.  

If you believe in something hard enough – you can see it.  Some call that faith, some wishful thinking, some madness and hallucinations.  There's a lot of all of that in Stock Market Technicians and the truly "faithful" are put on television and given the task of recruiting others to their cause.  Sometimes they share visions of the futures and sometimes they even show signs of the prophesies being fulfilled – and who doesn't love being shown a quick and easy way to get into heaven?  

At our PSW Conference in Las Vegas last month, we spent a lot of time extolling the virtues of slow, steady investing strategies.  While it's fun to "bet" on short-term market moves, Santa Rallies, Fiscal Cliffs, etc (whatever the fad of the moment may be) – investors often lose focus in WHY we are investing in the first place – and that's to BUILD a future for ourselves.  

There are two ways to build a building.  One way is to save up money each month, buy materials, make plans and set aside time to put in labor and keep repeating the process week after week, year after year – until the project is completed.  The other way is to save up money each month, gamble it – and hope one day you win enough to buy a building with.  The first way has a 99% success rate and lets people retire in buildings they built and earned through years of hard work.  The second way has a 15% success rate and lets people retire in buildings they lucked into.  Unfortunately, most "investors" prefer to take method number 2.   

We spend a lot of time with new Members
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Finishing Touches Friday – The November Comeback

What an amazing comeback!

It's hard to believe only two weeks ago I had to try to convince people the World wasn't coming to an end and that AAPL wasn't going to $400 or lower.  

Now AAPL is a hot stock again and the markets are looking up, up, up – but now I'm skeptical that maybe the bounce is a bit overdone as we haven't actually resolved any of the things we were worried about just two weeks ago (other than AAPL being worth more than $400).  

In fact, we did call the turn right on the 16th in "Finally Friday – Maybe Tomorrow the Markets Won't Fall" and on Monday, the 19th, I wrote "Monday Market Momentum – Changing for the Better?", where we first began to target our weak and strong bounce lines.

Now here we are, two weeks later and we've hit all our bounce targets but we're worried it may be just a bit of window-dressing into the November close and we're certainly not going to get too enthusiastic until and unless we come out of the box next week holding our levels.  In fact, yesterday we added some very aggressive TZA hedges for weekend protection in our $25,000 Portfolio – just in case…

SPY 5 MINUTE Yesterday's action was driven by commentary from Boehner, who tanked the markets by saying they were not making any progress on cliff talks but then it was saved anyway by Fed Speak from Dudley. who reiterated his known preference for QInfinity.   

As you can see from Dave Fry's SPY chart – we swung from the pre-market pop back to Wednesday's close (filling that gap) and then back to the highs on Dudley-speak.  It's a little tricky to trade a market that gets whipsawed up and down 1% depending on who last speaks so we've been mostly on the sidelines this week – hopefully next week we'll find a genuine trend worth playing with.  

Personal Income was flat while Personal Spending Fell 0.2% in October – possibly some blame can be laid at hurricane Sandy's feet but those are not good numbers. 

Europe is full of bad numbers but ECB President, Mario Draghi forecasts that the the Eurozone will probably start recovering from recession "in the second half of 2013." He also says that while "fiscal consolidation results in a short term economic contraction," the reforms…
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GDPhursday – Fiscal Cliff Progress Good for 200 Points Ahead of GDP

Wow, what a move!

The Dow opened yesterday and quickly dropped to 12,760 but we finished the day at 12,984 as both John Boehner and President Obama made nice noises about the ongoing Fiscal Cliff talks.  Since then, we've had another 100 points of follow-through in the Futures and, as I commented in Member Chat yesterday, this is all very, very brave action ahead of the 8:30 GDP report, which is expected to show Q3 growth of 2.8% but, based on yesterday's Beige Book (see our commentary here) may come in closer to 2.4%.

If we can avoid or get past that disappointment, THEN we can put a rally together on happy talk out of Washington.  Other happy talk comes from John Hilsenrath, who claims the Fed is nearing a decision at the upcoming meeting to create an additional bond-buying program to replace Operation Twist with something in the $500Bn range – and we know how the makets love rumors of More Free Money! 

SPY 5 MINUTE As you can see from Dave Fry's intra-day SPY chart, the bears were severely punished yesterday and this morning we move back within striking distance of closing out November back where we started – at S&P 1,420 – and we'd have to call a flat month a huge victory for the bulls at this point but still a long way to go before we work our way back to the October highs (1,470).  

8:30 Update:  GDP was indeed a little lighter than 2.8% expected but 2.7% is not too bad and the Futures are only taking a small pause on that release.  Inventory builds, which are considered a positive, were the main contributor to the bump and now the question is whether or not we actually sell that stuff in Q4.  Private Business Inventories jumped $61.3Bn in Q3, adding 0.77% to the GDP while Real Final Sales of Domestic Products only increased 1.9% – leading to the pile-up in inventories.  

Goldman Sachs is clearly trying to engineer a big finish to November, releasing a report detailing their 1,575 price target for the S&P next year.  Expecting better growth than most, the firm likes cyclical over defensive sectors, and tech over staples, telecom, and health care. A "grand bargain" in D.C. along the lines of Simpson-Bowles "would spark a PE multiple expansion and a higher target." 

goldman 2013 forecast"S&P
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Will We Hold It Wednesday – Fiscal Cliff Fever Edition

Time to worry about the cliff again!

We took a few days off from worrying but comments from Senators Harry Reid and Mitch McConnell yesterday both indicated that little progress was being made on the ongoing negotiations and that was all it took to panic people out of positions yesterday afternoon, as we gave back most of Friday's ill-gotten (low volume) gains.

In context, we're still making good, bullish progress but yesterday's action pretty much takes a "V"-shaped recovery off the table and now we'll have to fight and claw tooth and nail just to get back to our strong bounce lines by the week's end.  Anything less than that will not be a bullish signal into the weekend.  Our levels remain:

  • Dow 12,720 weak, 12,950 strong. 
  • S&P 1,375 weak, 1,400 strong.  
  • Nasdaq 2,900 weak, 3,000 strong. 
  • NYSE 8,000 weak, 8,100 strong.
  • Russell 790 weak, 805 strong. 

No serious damage yet but those paying attention to what's going on in China are becoming very concerned about the Shanghai Composite, which just spent it's 2nd day below the the very-critical 2,000 line – and that's down 16.66% since June.

So far, the Hang Seng has avoided the same fate – trading at 22,000 and that's up from 18,500 in January (18,9%) but it's going to matter a lot which one of these indexes breaks first to follow the other.  So far, the drag is down, with the Shanghai finishing today down 0.9% at 1,973 and the Hang Seng dropping 0.62% to finish at 21,708.  It's been a while since China has been a big concern but, if we finish out the month this way – expect it to be a big topic of conversation in December.  

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Technical Tuesday – Setting Up For What?

Click to ViewHow will we finish November?

With just 4 trading days left to the month and then just 19 more to close out the year – it's already been a wild ride but, as you can see from Doug Short's S&P chart, we're up a very solid 200 points for the year (16.66%) and not likely to give much of that back and, of course, 1,400 on the S&P represents a 100% recovery off those 2009 lows.

That's 25% a year folks!  What are you complaining about?  No, we didn't go up in a straight line but sticking with pretty much any stock over the past 4 years has been a winning strategy and that's been replenishing 401Ks and IRAs and Pension Funds and has allowed the investing class to recoup most of their losses from the crash and NOW the question is – what happens next?

Surely we can't grow the market 25% every year.  This year we will struggle to get back to 20% (1,450) – if it happens at all and, realistically, we have to assume that closing high of 1,565 was not deserved at the time and, if we figure it was a 10% overshoot of the proper top – then 1,400 IS the right level for the S&P to be hanging out at.  

Clearly we still have plenty of economic challenges to deal with and the World is not growing as fast as we thought it was in 2007 but it did grow and Corporate Profits are higher now than they were in 2007 and, if anything, tracking at the top of their 20-year trend so it makes sense that the S&P should be reflecting this – risk on or risk off.  

Notice, by the way, that's $1.6 TRILLION Dollars in annual Corporate Profits and that's AFTER deducting the net of losses from some Corporations to offset the profits of others.  How much tax do these Corporations pay on $1.6Tn in profits?  Last year – it was just $192Bn – 12%.  If Corporations paid 35% like their fellow citizens, that would drop another $368Bn into the US Treasury – THOSE are the rich people we need to chase down and force to pay their fair share!  Why is this not discussed more?

Mitt Romney's #1 backer, Shelly Adelson's LVS only paid $211M on $2,094M in income last year (10%) and now, rather…
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Cyber Monday – Record Retail Sales Trump Cliff Concerns, for Now

We shopped 'till we dropped this weekend.

Consumer spending over the four-day Thanksgiving weekend climbed 13% to $59.1B, although the growth was slower than the 16% last year. Average spending per customer rose 6.3% to $423. Online sales on Black Friday jumped 26% and topped $1B for the first time, says ComScore, which forecasts that Internet sales over the holiday season will grow 17% to a record $43.4B.  Movie tickets also hit a record $290M for the weekend.

Congress returns to work this week and seems to have made no actual progress on a deal to avoid the Fiscal Cliff – just 5 weeks away from triggering now.  Over in Europe, there's the imminent Greek Cliff, with the Troika making their 3rd attempt today to come up with an agreement to reduce Greece's debt burden so that Government can get a round of bailout money that must be on hand on Friday.

Over in Spain, pro-independence parties won Catalonia's elections as that country makes another step towards revolution and Egypt's markets fell 9.6% as President Morsi takes that country another step towards Dictatorship by granting himself "sweeping powers and judicial immunity."  Who does that guy think he is – Hank Paulson?

While all this geo-political nonsense may not bother the mighty US Consumer – investors sure are nervous about massive and sudden cuts like the cuts to Defense Spending illustrated in the chart on the left.  

As you can see, realistically, we've had military spending cuts before and survived – it's more the immediate and indiscriminate nature of forced sequestration that has market participants spooked.  

Friday's low-volume rally already gave us crosses on our strong bounce lines (see Friday's post) at Dow 12,950, S&P 1,400, NYSE 8,100 and Russell 805 as we wait for the Nasdaq to confirm the move by taking out 3,000.  Hopefully, the Nasdaq will get a little help from AAPL this week, thank's to C, who initiated them at a buy this morning with a target of $675.  Also, Gene Munster's crew was at Mall of America for 2 hours on Friday: Shoppers bought 17.2 items/hour at the Apple store, 3.5/hour at Microsoft (mostly XBoxes). 22 iPads were sold. Zero Surfaces.  If that's a trend – it's a very good one for AAPL!

UBS also came out for AAPL this weekend and set a $780 target…
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Dividend Investing – Giving Yourself an Automatic Edge (Members Only)

In uncertain markets, dividends can give you a critical investing edge.

As you can see from the chart on the left, just mindlessly investing in dividend-paying stocks can give you more than a 2:1 annual advantage in your investments and that adds up to quite a difference over time

Of course, here at PSW, we teach the art of selling options premiums – something that turns virtually any stock into a "dividend" payer.  For example, MSFT is only a small, 3.3% dividend-payer but a fairly solid cash-machine of a stock that we don't feel is likely to go bankrupt overnight so it makes for a nice safe staple in a long-term virtual portfolio.  But MSFT is also a very poorly-run company that hasn't grown in 20 years but we can make it a much more interesting stock by simply selling covered calls.

For example, we buy MSFT for $27.70 and we sell the Jan $27 calls for $1.28.  This lowers our effective basis to $26.42 and selling the call puts us in no special danger – we are simply agreeing to sell MSFT for $27 on expiration day in January (the 18th).  Should the stock be called away from us, we make a .56 profit or 2.1% of our net $26.42 cash investment in just 54 days.  That works out to a 14.2% annualized ROI and, even if we get called away, we can simply buy the stock again and again and sell calls every month.  Of course, you can optimize all this with timing and we favor stocks that are on sale – this is just a very simple example of how our most basic options strategy can drastically boost your annual returns on any stock in your portfolio.

Let's say you don't want to mess around with MSFT every month.  You can simply sell the 2015 $28s for $3.35 that drops your net entry from $27.70 to $24.35 and getting called away at $28 would be a profit of 14.9% over 26 months PLUS you would be getting your .92 annual dividend so let's call it $1.84 more for a total profit (if MSFT holds $28) of $5.49 or 22.5% – 1% a month certainly beats what the banks are offering these days!  Not as sexy as the 17.5% annual ROI you make by working the trade every month (with the dividend), but you do get a built-in cushion that…
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Friday – Be Thankful for Small Bounces

Are we going to have a "V"?

We haven't had a good V bounce-pattern in a while – one where the entire drop is entirely reversed on the other side – as if it were some mistake that's correcting itself as quickly as possible.  According to ThePatternSite

"Price at the bottom of the V will form a one-day reversal, island reversal, or tail, usually on heavy volume, perhaps gapping upward.  Price trends up, usually at the mirror angle of the downtrend. If price dropped by 30 degrees, price will rise following a similar angle. The price trend tends to be a straight-line run with few or no pauses, often fitting inside a channel."

Of course, we don't have a V yet, we just have a bounce off a hard floor that we expected – it's the next 7 days that will be critical but so far, so good on our bottom call.  The  NYSE is already over our strong bounce line (8,100) and we wait for the rest of the indexes to confirm a recovery at Dow 12,950, S&P 1,400, Nasdaq 3,000 and Russell 805 with less than a 1% move between our indices and their goals – other than the Nasdaq, which needs 2.5% and has been dragging along.

Click to ViewWe'd better be up this morning as the Dollar is way down at 80.59 as the Euro climbs back over $1.29 with the Pound at $1.59 and the Yen as weak as it's been in ages at 82.20 to the Dollar.  That has been thrilling the Nikkei, which touched 9,450 overnight, up almost 10% from the 8,600 line we liked for a long just 8 sessions ago!  While the US doesn't tend to get as excited about a weak Dollar as Japan does about a weak Yen – failing that 80.50 line today should be a fairly bullish indicator for US Equities.  

We had some good manufacturing reports from Europe and Asia with Chinese PMI at 50.4, the first growth in 13 months and Manufacturing Output rising to 51.3 in November from 48.2.  "The economic recovery continues to gain momentum," says HSBC's Qu Hongbin. "However, it is still the early stage of recovery and global economic growth remains fragile." 

Eurozone Manufacturing PMI also ran up to an 8-month high of 46.2 from 45.4 in October with Manufacturing output at 45.9, up from 45 but Services…
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Why Worry Wednesday – Same Problems No Longer Bothering Markets

Nice and bouncy!

Check out our Big Chart.  Check our our bounce levels, which I posted on Monday and still are

  • Dow 12,720 weak, 12,950 strong. 
  • S&P 1,375 weak, 1,400 strong.  
  • Nasdaq 2,900 weak, 3,000 strong. 
  • NYSE 8,000 weak, 8,100 strong.
  • Russell 790 weak, 805 strong. 

Just two days later we're right in the zone and – most importantly, our weak bounce lines held on yesterday's dip – that's a very good sign.  

The best thing about re-establishing trading ranges is that it lets us take advantage of channel bets like yesterday's USO trade from the morning post, where we caught a nice 50% gain for the day and we took that money and ran as oil tested the $86 line – just $1 off our target without all that tedious waiting…  Of course the Futures bet on /CL was well-timed and a $3 move in the Futures pays $3,000 per contract so thanks to the oil crooks for being so predictable.  We got our cease-fire rumor in the Gaza and that was all it took to knock oil back 3% but it was a rumor only – which is why we quickly got out and now, maybe, we'll be able to do it all again on a new set-up (oil currently back at $87.50).  

Unfortunately, the HPQ Jan $12 puts we also talked about in the morning post only made it to $1.17 at the open but, as expected, they have already fallen back to .90 for a 23% gain on the day.  Trades like that simply follow PSW's Rule #1 (and there are only 2): "ALWAYS sell into the initial excitement."  Our job is to sell premium – so
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Zero Hedge

Banking At The Box Office

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

While some are already neck deep in Black Friday-eve shopping, we hope more than a few will be relaxing at home watching a movie, dozing in a tryptophanic trance... we suggest the following in preparation for tomorrow's markets...



Source: Deutsche Bank


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Phil's Favorites

Irrational Exuberance - Descriptive Superlatives' Exhaustion Point Is Reached

Irrational Exuberance – Descriptive Superlatives' Exhaustion Point Is Reached

Courtesy of Pater Tenebrarum of Acting Man

Positioning Indicators at New Extremes

We are updating our suite of sentiment data again, mainly because it is so fascinating that a historically rarely seen bullish consensus has emerged – after a rally that has taken the SPXup by slightly over 210% from its low. Admittedly, a slew of such records has occurred in the course of the past year or so, and so far has not managed to derail the market in the slightest– in fact, since 2012, only a single correction has occurred that even deserves the designation “correction” (a...

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All About Trends

Mid-Day Update

Reminder: David 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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Chart School

Michigan Consumer Sentiment for November Slightly Trims Its Strong Preliminary Reading

Courtesy of Doug Short.

The Final University of Michigan Consumer Sentiment for November came in at 88.8, a bit off the 89.4 preliminary reading but up from from the October Final of 86.9. As finaly readings go, this is a post-recession high and the highest level since July 2007, over seven years ago. Today's number came in below the forecast of 90.2.

See the chart below for a long-term perspective on this widely watched indicator. I've highlighted recessions and included real GDP to help evaluate the correlation between the Michigan Consumer Sentiment Index and the broader economy.


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Insider Scoop

Morgan Stanley: Nimble Storage Increased Its Market Four-Fold

Courtesy of Benzinga.

Nimble Storage Inc (NYSE: NMBL) reported its third quarter results on Tuesday after market close. The company reported a loss of $0.15 per share, slightly better than the $0.16 per share loss analysts were expecting, while revenue of $59.10 million was higher than the $57.75 million analysts were expecting.

In a note to clients on Wednesday, Katy Huberty of Morgan Stanley noted that the company “continues to disrupt the storage market” as new customer adoption doubled year-over-year, increasing its installed base to more than 4,300 customers.

The analyst also notes that international investments are “beginning to pay off” as revenue grew 135 percent from a year ago, contributing 20 percent of total revenue in the quarter.

However, Huberty singles out the addition of the Fibre Channel (FC) protocol. The analyst states that the company has now ex... more from Insider


Sector Detector: Holiday fever takes hold of stock investors, but a pullback is needed

Courtesy of Sabrient Systems and Gradient Analytics

With warmer weather arriving to melt the early snowfall across much of the country, investors seem to be catching a severe case of holiday fever and positioning themselves for the seasonally bullish time of the year. And to give an added boost, both Europe and Asia provided more fuel for the bull’s fire last week with stimulus announcements, particularly China’s interest rate cut. Yes, all systems are go for U.S. equities as there really is no other game in town. But nothing goes up in a straight line, not even during the holidays, so a near-term market pullback would be a healthy way to prevent a steeper correction in January.

In this weekly update, I give my view of the current market environment, offer a technical analysis of the S&P 500 chart, review our weekly fundamentals-based Sector...

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Digital Currencies

Bitcoin Mining

Bitcoin Mining

Courtesy of Global Economic Intersection

By Rod Garratt and Rosa Hayes - Liberty Street Economics, Federal Reserve Bank of New York

In June 2014, the mining pool Ghash.IO briefly controlled more than half of all mining power in the Bitcoin network, awakening fears that it might attempt to manipulate the blockchain, the public record of all Bitcoin transactions. Alarming headlines splattered the blogosphere. But should members of the Bitcoin community be worried?

Miners are members of the Bitcoin community who engage in a proce...

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Swing trading portfolio - week of November 25th, 2014

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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Stock World Weekly

Stock World Weekly

Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.

Here's the Happy Thanksgiving Edition of Stock World Weekly!

Click on this link and sign in with your PSW user name and password. 

Picture via Pixabay.


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Market Shadows

Official Moves in the Market Shadows' Virtual Portfolio

By Ilene 

I officially bought 250 shares of EZCH at $18.76 and sold 300 shares of IGT at $17.09 in Market Shadows' Virtual Portfolio yesterday (Fri. 11-21).

Click here for Thursday's post where I was thinking about buying EZCH. After further reading, I decided to add it to the virtual portfolio and to sell IGT and several other stocks, which we'll be saying goodbye to next week.


1. th...

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Option Review

Yamana Gold call options sink

Yamana Gold call options sink

By Andrew Wilkinson at Interactive Brokers

A four-year low for the spot price of gold has had a devastating impact on Yamana Gold (Ticker: AUY), with shares in the name down at the lowest price in six years. Some option traders were especially keen to sell premium and appear to see few signs of a lasting rebound within the next five months. The price of gold suffered again Wednesday as the dollar strengthened and stock prices advanced. The post price of gold fell to $1145 adding further pain to share prices of gold miners. Shares in Yamana Gold tumbled to $3.62 and the lowest price since 2008 as call option sellers used the April expiration contract to write premium at the $5.00 strike. That strike is now 38% above the price of the stock. Premium writers took in around 16-cents per contract o...

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Biotechs & Bubbles

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

Well PSW Subscribers....I am still here, barely.  From my last post a few months ago to now, nothing has changed much, but there are a few bargins out there that as investors, should be put on the watch list (again) and if so a small amount.

First, the media is on a tear against biotechs/pharma, ripping companies for their drug prices.  Gilead's HepC drug, Sovaldi, is priced at $84K for the 12-week treatment.  Pundits were screaming bloody murder that it was a total rip off, but when one investigates the other drugs out there, and the consequences of not taking Sovaldi vs. another drug combinations, then things become clearer.  For instance, Olysio (JNJ) is about $66,000 for a 12-week treatment, but is approved for fewer types of patients AND...

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Help One Of Our Own PSW Members

"Hello PSW Members –

This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible.  Feel free to contact me directly at with any questions.

Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts.  After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.)  Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.

Thank you for you time!

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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