Author Archive for Zero Hedge

The TARGET2 Chart Shows A Breakdown Of The Central Bank Narrative

Courtesy of ZeroHedge. View original post here.

Submitted by Eugen von Bohm-Bawerk via Bawerk.net,

Money, generally accepted medium of exchange, acts as a veil that confuse and blurs economic relations. This is especially true when it comes to intertemporal considerations. Whilst probably the most important institution in a free market, money can be highly destructive when politicized. Why? Because politics is about power and distribution of real wealth. And since money affect almost every single transaction, politics can span throughout society with ease when in control of money. Amchel Rothschild was spot on when he allegedly said “[g]ive me control of a nation’s money supply, and I care not who makes its laws.” Power over money is power over people and power over people is, well, pure power. Money is thus the most sacred tool in a statist’s toolbox and has become instrumental in their quest to control society and allocate resources as they see fit.

It is within this context the monstrosity called the euro need to be analyzed. By pooling Western European countries within the realm of one central bank, power over people increases immensely. There is a catch though; as power increases, greed and corruption increases with it and the temptation to go too far is obvious for all to see.

Money coordinates production with consumption, saving with investment and properly done, money will create the means for a smooth flow of resources among the millions or even billions of people transacting with each other. Politicize money and economic imbalances, between economic agents and even over time, will grow and destabilize the system. It is no exaggeration to say that the welfare and prosperity of the populace depends on a well-functioning monetary system.

The most important function money has, in our view, is its ability to create recessions, or as we like to call it, disruptions of unsustainable resource flows. In a sound system, money will make sure recession occur before the imbalance will even be felt by the broader public. Sound money will remove tensions in fault lines before they turn into a massive earthquake with devastating consequences. However, it is true that economic imbalances can be fed for years if sound money is replaced with a politicized fiduciary medium. And herein lies the crux of the problem, no power hungry politician will voluntarily end the economic prosperity a boom


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Chris Wood: “It Will Take A Political Genius To Hold The EU Together”, Italy Is The Flash Point

Courtesy of ZeroHedge. View original post here.

CLSA’s Chris Wood, author of the popular Greed and Fear newsletter, chimes in on the consequences for Brexit with a note titled “Disintegration Dynamic” in which he focuses not so much on Britain as Italy and specifically the proposed Italian bailout which was first reported here and which circumvents European bailout rules, however which Renzi hopes will pass as a result of scapegoating Brexit (even if Angela Merkel was quick to shut down).

This is what he says, excerpted: 

GREED & fear continues to believe that the real flash point in the EU is likely to be Italy. GREED & fear was reminded of this reading this week that Italian Prime Minister Matteo Renzi is now seeking Europe’s agreement for a €40bn state-funded recapitalisation of the country’s banking system. This would seem in conflict with the EU’s new rules that taxpayer money cannot be used for bank bailouts before bank shareholders and, critically, bank bondholders are first bailed in. The tricky point here is that 29% of Italian bank bonds were still owned by retail depositors as at the end of 2015 (see Figure 1).

This Italian issue was discussed in more detail here a few months ago (see GREED & fear – The Eurozone and newborn economics, 3 March 2016). Renzi is doubtless hoping that the market turmoil created by Brexit, or at least the sense of political crisis, creates the pressure for Berlin and Brussels to agree to a breaking of the new rules. But if Berlin does agree to such a concession it will strengthen the electoral appeal of eurosceptics within Germany, just as further debt relief for Greece would – and the eurosceptics, primarily in the form of the AfD in Germany, have enjoyed a surge of support ever since last summer’s refugee crisis. Indeed Renzi’s plan has reportedly already been rebuffed by Frau Merkel and ECB board member Benoit Coeure.

The conclusion from all of the above is that it will take a political genius to hold the EU together in the next few years. And geniuses are in short supply. In this sense Brexit will only have accelerated something that was going to happen anyway.

Meanwhile, from a market standpoint, to repeat the point made here already, Brexit will serve as an excuse


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14 Signs The World Is On The Verge Of Generational Chaos

Courtesy of ZeroHedge. View original post here.

Submitted by John Mauldin via MauldinEconomics.com,

It is one of the great ironies of life that each generation believes its experiences are unique. The reality is that we have seen this movie before—with different actors, plot twists, and technological advancements.

The basic plot seems to push along a hauntingly familiar path.

In 1997, Neil Howe and William Strauss introduced the concept of Fourth Turning. They divided the population into four generational archetypes: Hero, Artist, Prophet, and Nomad. (read more about the archetypes and their characteristics here)

Each generation consists of people who were born and came of age at the same period in history. They had similar experiences and thus gravitated toward similar attitudes.

The change of control from one generation to the next is called a “turning” in the Strauss/Howe scheme. On a Fourth Turning, the cycle repeats, sparking a generational crisis.

When Howe uses that word, he doesn’t mean a short period of difficulty. He means an existential crisis—one in which society’s strongest institutions collapse (or are severely challenged and stressed) and national survival is in serious doubt.

By Neil Howe’s timeline, we are today about halfway through the Fourth Turning’s Crisis phase. If this Fourth Turning is like previous ones, here is what we should see.

See how the following Fourth Turning characteristics match today’s landscape…

Rising community

Notice in the Orlando shooting coverage how often people use the word community to designate the different groups with which people identify.

Following the tragic nightclub events, Orlando’s communities drew together to support their members and each other. We see the same behavior in other stressful events. “Je suis Charlie,” the motto that emerged from the January 2015 Paris shootings, comes to mind.

Think of all the other disasters we have seen in recent times, and the public response to them. I am not suggesting that community comes to the fore only during a Fourth Turning—far from it. But it does gain strength during such periods.

Strengthening government

Small-government conservatives like me, and possibly you, are on the defensive. We live in a time when most voters would rather enlarge government than shrink it. We can expect to see stronger government action regardless of who wins this year’s presidential election.

Party realignment

Donald Trump is obviously changing the Republican Party into something


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Peso Soars To Pre-Brexit Levels As Mexico Raises Rates More Than Expedcted

Courtesy of ZeroHedge. View original post here.

A day after the most awkward three-way handshake in history between Obama, Trudeau, and Nieto, the latter’s central bank just pushed rates higher by a bigger than expected 50bps to 4.25% (exp +25bps). The Peso is surging back (extending its bounce off January lows) retracing all the post-Brexit losses… on what seems like fears of a surge in food inflation.

  • *WORSENED GLOBAL CONDITIONS COULD IMPACT CPI: BANXICO
  • *BANXICO LOOKS TO KEEP MXN FROM HITTING INFLATION EXPECTATIONS
  • *BANXICO SAW STEEP RISE IN FOOD MERCHANDISE PRICES
  • *BANXICO: EXTERNAL CONDITIONS DETERIORATED IN SIGNIFICANT WAY
  • *BANXICO TO ALSO WATCH CURRENT ACCOUNT DEFICIT
  • *BANXICO TO ALSO WATCH MONETARY POSITION RELATIVE TO U.S.
  • *BANXICO SAYS MORE PUBLIC FINANCE TIGHTENING WOULD BE DESIRABLE

Sparking a rapid bid for pesos…

But well off the mid-April recent highs..





Oil Bulls Beware: Crude Demand Is About To Slide As China’s SPR Is “Close To Capacity”

Courtesy of ZeroHedge. View original post here.

Throughout oil’s torrid rally from the February lows, one major driver of demand – namely China – had been broadly ignored by the punditry which instead focused on supply, whether excess OPEC oversupply or lack thereof, due to production disruptions in Canada or Nigeria. And yet, China and specifically its demand, may have been the elephant in the room all along.

Two months ago we reported that “China Is Hoarding Crude At The Fastest Pace On Record“, a move which among other things was attributed to China’s aggressively filling up its Strategic Petroleum Reserve.  However, just a few weeks ago, we followed up with “China Oil Imports Drop To Four Month Low As Demand Is Expected To “Moderate Significantly” In 2016.”

We now may have an answer what has caused this drop.

As Bloomberg says, citing a JPM report, “one of the pillars of oil’s recovery from the lowest price in 12 years may be on the verge of crumbling.

The reason: as many speculated, a big source of China’s demand in the past 5 months was Beijing’s decision to stockpile oil for its SPR. However, that is now over as China is likely close to filling its strategic petroleum reserves after doubling purchases for it this year as prices plunged. JPM estimates that China’s SPR demand was equivalent to approximately 1mm bpd. More importantly, stopping shipments for the reserve would wipe out about 15 percent of the country’s imports, according to the bank.


A guard stands before the oil SPR tanks at Zhoushan

Here are the details from JPM:

China has taken the opportunity of lower oil prices since early-2015 to accelerate the strategic petroleum reserve (SPR) builds at c.1mbd, pushing the total oil in stock under SPR to an estimated 400mmbbl, or 53 days of net crude oil import equivalent, based on JPM calculation of multiple data points announced publicly. This volume might be close to the capacity limit, in our view, and together with potential teapot utilization pullback and slower-than-expected demand from China could increase near-term risks to global oil prices (c.1.2mbd impact). We stay cautious on upstream plays and continue with our relative bias on the downstream.

JPM SPR methodology. China regularly publishes


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Brexit, The E.U., & The “Special Relationship” Of The U.S./U.K.

Courtesy of ZeroHedge. View original post here.

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

Any clique in the E.U. that thinks the U.S. will sit idly by while they “punish” the U.K. had better recalibrate their core interests and the potential for blowback.

One constant in a fast-shifting global chess board is the special relationship between the United Kingdom and the United States. The term special relationship defines a close collaboration diplomatically, militarily and financially.

Some might go so far as to speak of an Anglo-American Empire in terms of finance.

Needless to say, this special relationship impacts the European Union and the longer term impacts of Brexit.

Alliances are as complex as marriages. Just as marriages unite families as well as individuals, so alliances and treaties bind various sectors and agencies of nations in different ways and with different degrees of bonding.

Ties between France and Britain, for example, go back to the Norman invasion of England in 1066. The two have been rivals, adversaries and allies.

Nations that share borders almost always have special relationships due to the histories that go with borders--trade, war, occupation, alliances, etc.

The U.S. also has special relationships with a variety of other nations, relationships that are not like the U.K./U.S. ties but unique and powerful nonetheless.

The U.S. and Russia go way back, to the era of Pacific imperial rivalries in the 19th century, U.S. backing of anti-Communist forces in Russia’s civil war, an alliance in World War II, the rivalries of the Cold War and a number of critical cooperative advances such as the SALT limitations on nuclear weapons and the International Space Station (Russia has done the heavy lifting of resupply and provided cosmonauts since the beginning).

China and the U.S. also have a special relationship due to the size and interconnectedness of their economies and their mutual need for cooperation despite the jostling for Great Power influence.

Japan and the U.S. also have a special relationship, from mortal enemies in World War II to the occupation of Japan and the strong economic and diplomatic ties of the postwar era.

France and the Etats-Unis (United States) have long, deep and often fractious ties, stretching back to the French fleet’s critical role in sealing the defeat of the British Army in the Revolutionary War (1781). Thousands of American soldiers killed defending France in World


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Caught On Film – Juncker “Disappears” Farage

Courtesy of ZeroHedge. View original post here.

“Lyin’” Jean-Claude Juncker, president of the European Commission, tries to prevent photographers from snapping Nigel Farage, who looks on with justifiable schadenfreude.

Why is Juncker doing this? Apparently to remind the photographer that Farage is a non-person whose image must not be seen in the newspapers.

h/t GalliaWatch blog





The Silent Puerto Rican Debt Default

Courtesy of ZeroHedge. View original post here.

The Silent Puerto Rican Debt Default


Written by Nathan McDonald (CLICK FOR ORIGINAL)
 

Where’s all the news – where are all the headlines? A major event has taken place yesterday and another event is about to unfold tomorrow. Puerto Rico is going to default on its debt and the US government is A-OK with it.

Once again, the American taxpayers have been on the short end of the stick. This story is receiving little to no press, and it is truly baffling given the ramifications and meaning behind it. Perhaps this is exactly why it is receiving so little attention.

The story of the Puerto Rican default is just another example of the crumpling system of the elites. The establishment is desperately trying to keep this broken fiat system together for as long as they possibly can, sucking maximum profits from it before it implodes.

The U.S. Senate has done its part in this farce, as they passed the bailout bill with overwhelming support yesterday, ensuring that Puerto Rico, like Greece, can put off its consequences of overspending for the time being and continue to stagnate. It’s another stellar example of extend and pretend by the elites.

Tomorrow, the government of Puerto Rico was supposed to be paying back $2 billion in debt repayments – no small sum of money, but a drop in the bucket when you look at the massive $70 billion that they owe in debt payments.

Fortunately and unfortunately for them, they are being given a “free” pass by the U.S. government this time. I say unfortunately, because the trade-off for them is their freedom and liberty. As part of the bailout deal, the elites will install overseers that will monitor the Puerto Rican government. Essentially, they are giving up their free will.

Despite this being a major story, don’t expect to hear much about it. The elites don’t want to embolden other states or countries to default on their debt as well. The illusion of debt and fiat money must be maintained at all cost, or they risk completely losing the crumbling empire


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Trump Jumps To Four Point Lead Over Clinton In First Post-Brexit Poll

Courtesy of ZeroHedge. View original post here.

Earlier this week we noted that Hillary’s lead over Donald Trump in the polls was either 1% or 12%, depending on which poll you believed. We also pointed out that the polls were taken prior to the UK referendum, and as both candidates held different views on the matter, we were looking forward to the next round of polling to find out if either Trump or Clinton were able to sway voters further after that historic event.

Today, Rasmussen released a new presidential poll based on a survey conducted on June 28-29 of 1,000 likely voters – the result was quite stunning. In a complete reversal from last week, Rasmussen finds Donald Trump is leading Hillary Clinton 43% to 39%.

From Rasmussen

The tables have turned in this week’s White House Watch. After trailing Hillary Clinton by five points for the prior two weeks, Donald Trump has now taken a four-point lead.

The latest Rasmussen Reports national telephone and online survey of Likely U.S. Voters finds Trump with 43% of the vote, while Clinton earns 39%. Twelve percent (12%) still like another candidate, and five percent (5%) are undecided.

Last week at this time, it was Clinton 44%, Trump 39%. This is Trump’s highest level of support in Rasmussen Reports’ matchups with Clinton since last October. His support has been hovering around the 40% mark since April, but it remains to be seen whether he’s just having a good week or this actually represents a real move forward among voters.

Trump now earns 75% support among his fellow Republicans and picks up 14% of the Democratic vote. Seventy-six percent (76%) of Democrats like Clinton, as do 10% of GOP voters. Both candidates face a sizable number of potential defections because of unhappiness with them in their own parties.

Clinton appears to have emerged relatively unscathed from the release this week of the House Select Committee on Benghazi’s report on her actions as secretary of State in connection with the murder of the U.S. ambassador to Libya and three other Americans by Islamic terrorists in September 2012. Rasmussen Reports will be releasing new numbers on Clinton and Benghazi at 10:30 a.m. Eastern today.

Trump made a major speech on jobs and trade on


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S&P Downgrades European Union From AA+ To AA – Full Text

Courtesy of ZeroHedge. View original post here.

First S&P downgraded the UK, now it’s the EU’s turn.

Long-Term Rating On Supranational Institution The European Union Lowered To ‘AA’ On Brexit Referendum; Outlook Stable

The European Union (EU) supranational borrows on the capital markets to lend  to member states and certain other governments on a back-to-back basis. The  long-term rating on the EU partly relies on the capacity and willingness of  its 28 members to support it. We currently rate the EU at ‘AA’.) OVERVIEW

  • After the decision by the U.K. electorate to leave the EU as a consequence of the June 23 consultative referendum, we have reassessed our opinion of  cohesion within the EU, which we now consider to be a neutral rather than  positive rating factor.
  • We think that, going forward, revenue forecasting, long-term capital  planning, and adjustments to key financial buffers of the EU will be  subject to greater uncertainty.
  • As a consequence, we are lowering our long-term rating on the supranational European Union to ‘AA’ from ‘AA+’ and affirming the ‘A-1+’  short-term rating.
  • The outlook is stable, reflecting our opinion that under most scenarios, including a U.K. withdrawal from future (though not current) budgetary   commitments, our anchor ratings on the EU will remain at the current level of ‘AA/A-1+’.

RATING ACTION

On June 30, 2016, S&P Global Ratings lowered its long-term issuer credit rating on supranational institution, the European Union (EU), to ‘AA’ from  ‘AA+’. The ‘A-1+’ short-term rating was affirmed. The outlook is stable.

RATIONALE

The rating action stems from S&P Global Ratings’ view that the U.K. government’s declared intention to leave the union lessens the supranational’s fiscal flexibility, while reflecting weakening political cohesion. As a  consequence of the decision by the U.K. electorate to leave the EU following  the June 23 referendum, we have reassessed our previously favorable opinion of solidarity within the EU to neutral from positive. Our baseline scenario was  previously that all 28 member states would remain inside the EU. While we expect the remaining 27 members to reaffirm their commitment to the union, we think the U.K.’s departure will inevitably require new and complicated negotiations on the next seven-year budgetary framework, known as the Multiannual Financial Framework (MFF), from 2021-2027. Going forward, revenue forecasting, long-term capital planning, and adjustments to key financial buffers of the EU will in our view be subject to


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Phil's Favorites

PhilStockWorld.com Weekly Trading Webinar 06-29-16

This week's Webinar is ready. Watch below. 

PhilStockWorld.com Weekly Trading Webinar 06-29-16

Major Topics:
 
00:01:32 Checking on the Markets:  DX, CL, RB, NKD
00:05:10 Chaos created by the Brexit
00:09:05 China’s massive debt flowing economy
00:09:58 Japan’s GDP debt
00:10:54 US numbers
00:12:46 Lines: Pivot point
00:16:05 “I want people to be a wolf”
00:18:11 George Soros about brexit
00:26:47 Brexit vote map
00:35:32 DX over NKD. Support resistance line
00:39:48 Neil Farage EU parliament
00:40:42 EU politicians nobody has a real clue about 80%
00:51:50 Total broadway ticket sales
01:01:13 Wealth extraction
01:11:30 YG and SI Inflation
01:13:21 Top Trade: BX
01:22:...



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Zero Hedge

Peso Soars To Pre-Brexit Levels As Mexico Raises Rates More Than Expedcted

Courtesy of ZeroHedge. View original post here.

A day after the most awkward three-way handshake in history between Obama, Trudeau, and Nieto, the latter's central bank just pushed rates higher by a bigger than expected 50bps to 4.25% (exp +25bps). The Peso is surging back (extending its bounce off January lows) retracing all the post-Brexit losses... on what seems like fears of a surge in food inflation.

  • *WORSENED GLOBAL CONDITIONS COULD IMPACT CPI: BANXICO
  • *BANXICO LOOKS TO KEEP MXN FROM HITTING INFLATION EXPECTATIONS
  • *BANXICO SAW STEEP ...


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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Oil Pares Biggest Quarterly Gain Since 2009 Amid Rebalancing (Bloomberg)

Oil headed for the biggest quarterly advance in seven years as falling U.S. supply added to speculation the global surplus is easing.

Stocks Steady, Capping Rocky First Half of Year (Wall Street Journal)

Stock markets mostly stabilized Thursday, on track for a subdued end to a tempestuous first half of the year.

...



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Chart School

RecessionAlert Weekly Leading Index Update

Courtesy of Doug Short's Advisor Perspectives.

The latest index reading comes in at 7.2, up from the previous week's downwardly revised 6.5.

RecessionAlert has launched an alternative to ECRI's Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that WLEI is a growth index and its data is no more than a week old, as is ECRI's WLIg.

Here is an excerpt from the de...



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Kimble Charting Solutions

Follow this leading indicator closely, resistance test in play

Courtesy of Chris Kimble.

Below compares the prices of Crude Oil and the New York Stock Exchange Index (NYSE) over the past couple of years.

Once Crude peaked in 2014, the NYSE Index make little upward movement after than, even though the trend for the prior few years was clearly up.

Over the past year (black rectangle box), the correlation has been quite high.

CLICK ON CHART TO ENLARGE

Are Crude Oil and the NYSE, both creating an inve...



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ValueWalk

Care.com Inc (CRCM) Soars On Google Inc (GOOG) Investment

By Jacob Wolinsky. Originally published at ValueWalk.

Care.com Inc (NYSE:CRCM) is soaring this morning up about 39 percent at the time of this writing – why? Google Inc. (NASDAQ:GOOGL) just made a big capital injection into the family care company. Below is that the analysts are saying about the latest news.

Care.com Inc

Stifel opines:

Yesterday, Care.com announced that Google Capital made a $46.35mm investment in the company (versus the company’s market capitalization of $268.4mm at the close). The transaction marks Google Capital’s first investment in a public company and makes it Care.com’s largest shareholder. A portion of the proceeds will be used to repurchase $30.5mm worth of shares from Matrix partners. In addition, Laela Sturdy, a Partner at Google Capital, will gain a seat on Care.com’s Board of Directors. We view the in...



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OpTrader

Swing trading portfolio - Week of June 27th, 2016

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

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Mapping The Market

Thoughts on Brexit

I have mixed feelings about Brexit today. Clearly the European institution need reforming. The addition of so many countries in the last 20 years has created a top heavy administration. The Euro adds more complexities to the equation as the ECB policies cannot fit every country's problem. On the other hand, a unified Europe has advantages as well – some countries have benefited from the integration.

For Britain, it's hard to say what the final price will be. My guess is that Scotland might now vote for independence as they supported staying in Europe overwhelmingly. Northern Ireland might be tempted to leave as well so possibly RIP UK in the long run. I was talking to some French people and they were saying that now there might be no incentive for France to stop immigrants from crossing over to the UK like they do now and simply allow for travel there and let the UK deal with them. The end game is not clear to anyone at the moment....



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Digital Currencies

Bitcoin Tumbles 10%

Courtesy of ZeroHedge. View original post here.

One week ago, when bitcoin first crossed above $700 on the seemingly insatiable Chinese buying which we forecast last September (when bitcoin was trading at $230) would take place as a result of China's capital controls (to much pushback by the "mainstream" financial media), we tried to predict what may happen next. We said that "it could go much higher. That said, anyone who bought last September when the digital currency was trading at $230 may be advised to take some profits, and at least make...



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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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Biotech

This Is Why Biotech Stocks May Explode Again

Reminder: Pharmboy and Ilene are available to chat with Members.

Here's an interesting article from Investor's Business Daily arguing that biotech stocks are beginning to recover from their recent declines, notwithstanding current weakness.

This Is Why Biotech Stocks May Explode Again

By 

Excerpt:

After a three-year bull run that more than quadrupled its value by its peak last July, IBD’s Medical-Biomed/Biotech Industry Group plunged 50% by early February, hurt by backlashes against high drug prices and mergers that seek to lower corporate taxes.

...



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Promotions

PSW is more than just stock talk!

 

We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more!

PhilStockWorld.com features the most important and most interesting news items from around the web, all day, every day!

News: If you missed it, you can probably find it in our Market News section. We sift through piles of news so you don't have to.   

If you are looking for non-mainstream, provocatively-narrated news and opinion pieces which promise to make you think -- we feature Zero Hedge, ...



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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 jennifersurovy@yahoo.com 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.

http://www.youcaring.com/medical-fundraiser/help-get-shadowfax-out-from-the-darkness-of-medical-bills-/126743

Thank you for you time!




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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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