Author Archive for Zero Hedge

Mark Dice Confronts America’s Zombie Shoppers

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Unlike on previous occasions when Mark Dice either mocks the stupidity of Americans for having zero clue about the true worth of precious metals, or mocks the stupidity of Americans for having absolutely no understanding of politics (yet supporting Hillary Clinton among others), in his latest clip, the notorious lampooner takes a stroll at 4:30 pm on Thanksgiving night in front of the Best Buy in San Diego where he finds a massive line.

What follows is Mark, armed with just a bullhorn, taking on several hundred consumption zombies waiting in line at Best Buy, armed with just their overdrawn credit cards, or as he calls them “enemies of America. A symptom of this failed country. When this country is bankrupt, and it will be soon, you look in the mirror and that’s who you blame.”

Number of zombies impacted by his preaching? Zero. Why, because there is a TV for $99.95 to be bought proving the hedonically-adjusted deflationary wave sweeping the world is “all too real” and only much more QE and far more negative rates, making the merely billionaires into trillionaires, can save the global economy.

He Lived Through Hyperinflation, Devaluation And Confiscation: This Is His Advice

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Nearly four months ago, when bitcoin was still languishing in the low $200s, we explained why in the post-Yuan devaluation regime, where all Chinese capital outflows are now scrutizined through a microscope, bitcoin will inevitably see substantial appreciation as the local population scrambles to transfer funds out of China and into more traditional end markets, such as the US, Canada and western Europe, using such still largely unregulated mediums as bitcoin and other digital currencies.

Why not gold?

This is what we said in the beginning of September: “China’s propensity for gold is well-known. We would not be surprised to see a surge of gold imports into China, only instead of going to the traditional Commodity Financing Deals we have written extensively about before, where gold is merely a commodity used to fund domestic carry trades, it ends up in domestic households. However, while gold has historically been the best store of value in history and has outlasted every currency known to man, it is problematic when it comes to transferring funds in and out of a nation – it tends to show up quite distinctly on X-rays.

Which is why we would not be surprised to see another push higher in the value of bitcoin: it was earlier this summer when the digital currency, which can bypass capital controls and national borders with the click of a button, surged on Grexit concerns and fears a Drachma return would crush the savings of an entire nation. Since then, BTC has dropped (in no small part as a result of the previously documented “forking” with Bitcoin XT), however if a few hundred million Chinese decide that the time has come to use bitcoin as the capital controls bypassing currency of choice, and decide to invest even a tiny fraction of the $22 trillion in Chinese deposits.

Two months after we wrote this, bitcoin more than doubled to $500 before retracing some of its recent gains, and has resumed its rise again.

Why? This time the answer is Argentina, where as we reported two days ago, the new president admitted that “there are no more dollars in rhe central bank” which means that the days of the country’s capital controls are numbered, and because as Citi said president-elect Macri wants to unify…
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Diversification Is For Dummies – The Nifty Nine Never Mattered More

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

From the 4-horsemen of the dotcom exuberance (and apocalypse), to today's so-called FANG and NOSH stocks, and now 'Nifty Nine', investors could be forgiven for ignoring the benefits of stock market diversification that every commission-taking, fee-gathering asset-collector promotes and going all-in on a few 'easy to select' stocks to make the quick buck that everyone believes is their right as an American taxpayer. While the S&P languishes unchanged in 2015, these small groups of overwhelmingly propagandized stocks are up on average over 60%, but with a collective P/E of 45, they are not cheap (and perhaps should remember that when buying this momo, we are all Thanksgiving turkeys).

As The FT reports,

The long bull market in US stocks now in its seventh year, has grown much narrower. Previously dominated by smaller companies (which tend also to do better in the longer run), it is now being led by a handful of large stocks that are beginning to earn their own acronyms.

Some talk about the Fang stocks — Facebook, Amazon, Netflix and Google — while Ned Davis Research refers to the Nifty Nine, which adds Priceline, Ebay, Starbucks, Microsoft and Salesforce. (Note that Apple appears on neither list.) If made into indices, research by the FT statistics group shows that either of these groupings would have gained about 60 per cent for this year, while the S&P 500 is up about 1 per cent.

What are the implications? The success of the Fangs is a symptom of the rise of a new model for the economy that revolves around services rather than manufacturing.

But it is best not to get carried away. All these companies are richly valued (Ned Davis puts the Nifty Nine’s collective price/earnings ratio at 45, double that of the S&P 500). They also look expensive when compared with their sales.

Hype and excitement around a few big companies, and eclipse for riskier small companies, are classic symptoms of the top of a bull market. For comparison, look at the “Nifty Fifty” companies of the early 1970s, or the first wave of web companies during the dotcom boom of the late 1990s — when it was fashionable to talk of a “new economic paradigm”.

*  *  *

Of course, the exuberant upside of the FANGs or…
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“Mysterious” Fire Hits Argentine Ministry Of Finance, Destroys Years Of Prior Regime’s Files

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

"If you play with fire, you get burned," apart from if you are an official in the Argentine government it would appear. Just days after Argentina threw out the Peronists, who have ruled almost non-stop in the three decades since the end of military rule, The Ministry of Finance suffered a mysterious fire in its computer center, catastrophically (and coincidentally) destroying the prior-regime's files.

As Perfil reports (via Google Translate)

The weekend came a mysterious fire at the Ministry of Economy , in the area of data center located on the fourth floor of the Economy Ministry.

The fire began on Sunday afternoon at the site containing the computers on which cost control files of the ministry.

The fire, reported Clarín , led to a police report .

On the fourth floor lies the entire operational area of Juan Carlos Pezoa, the head of the Ministry of Finance. It was in a small office on this floor, although far from the clerk's office, located in the Directorate General Information Systems Financial Management to the entrance of Balcarce 186, where the incident occurred.

According to the official version, which led to the fire was a short circuit in one of the air conditioners that refrigerate the room.

However, he noticed that the complaint was filed at the police station second day after the loss occurred by the head of the area, Maria Eva Sanchez. 

According to ministry employees, all computers that burned were in the room where it is kept cost control portfolio dependent commands Pezoa the secretariat.

This runs counter to the official version which speaks of "the ignition of the fire in the live-testing are of software developments."

This is not the first time a fire has destroyed government records – or second, or third, or even fourth…

With this new fire, and this year there are four key areas in the state.

In February, there were fires in the Pink House and Senate and last month in the Libertador Building.

And then there was last February's deadly fire which destroyed the central bank's records just days after a planned crackdown on the banking system.

While we are sure it is a very sad coincidence, on the day when Argentina decrees limits on the FX positions banks

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China’s Plunge Protection Team Now Owns 6% Of The Entire Chinese Stock Market

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Two weeks ago, in “The Cost Of China’s ‘Manipulated Market Stability’ May Be Too High, BofAML Warns,” we revisited Beijing’s plunge protection national team, which during Q3 bought an astounding CNY1.5 trillion in stocks. 

For those who might have forgotten exactly how this worked, the PBoC effectively transformed CSF into a giant, state-run, margin lending, prop desk and before you knew it, the government was stepping in just prior to the close on a near daily basis to keep the bottom from falling out. Every time CSRC attempted to step out of the market, chaos ensued. Indeed, even rumors that the government was preparing to scale back the plunge protection were enough to spook investors as we saw in late July when futures sank after a Caijing reporter suggested that the national team was set to rein in its purchases (that reporter was later arrested and charged with causing “panic and disorder”). 

As August wore on, the cost of propping up the market (which desperately wanted to fall further as legions of semi-literate Chinese day traders who three months earlier had been willing to buy any and all dips suddenly had a mind to sell any and all rips in a frantic attempt to salvage their severely depleted life savings) simply became unbearable and so, Beijing decided to just start arresting anyone who was suspected of being a “malicious” seller. The crackdown – named “kill the chicken to scare the monkey” after a Chinese proverb – was designed to essentially make market participants believe that selling or worse, shorting, could land you in jail. 

Subsequently, the market stabilized but by the time the waters calmed, China was left with an enormous stock portfolio, nearly a quarter of which was purchased at multiples above 40X. 

Here’s a look at the paper losses the government had incurred by the end of September (note that most of the CNY224 billion hit had been recouped as of mid-November):

BofAML’s conclusion was that given concerns about what incessant stock buying might convey about both the future course of the yuan and about China’s commitment to liberalizing capital markets, the PBoC may not be inclined to remain active in the market going forward. 

Indeed, when the SHCOMP plunged on Friday in the aftermath of a new round…
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How The Scots Welcome ‘Visitors’

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

William Wallace would be proud…

Larkhall is a town in South Lanarkshire, Scotland and is around 14 miles southeast of Glasgow. Traditionally a mining, weaving and textile area, most of Larkhall’s traditional industries have now shut, including the Lanarkshire iron and steel works… and now they have a message for the new invaders…

The Death Of Damascus: Images From Syria’s War-Torn Capital

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Last month, as the IRGC and Hezbollah rallied their ground troops to prepare for an assault on Aleppo, we brought you a series of stark images from a city deciminated by years of  war. A week later, we highlighted new, high-def drone footage of Syria’s eerily desolate urban landscapes rendered barren by mortar fire, barrel bombs, and airstrikes. 

If you follow the war closely, it’s easy to get swept up in the World War III, global conflict hysteria. After all, what’s more intriguing from a geopolitical perspective than the distinct possibility that Moscow and NATO may be headed for an armed conflict after Turkey became the first alliance member to engage a Russian or Soviet aircraft in some six decades. Throw in the fact that at the center of it all is a wealthy, brazen terrorist organization funded by Saudi Arabia and Qatar, whose mission is to rid the Arabian Peninsula of Iranian influence and you have the recipe not only for a renewal of Cold War hostilities, but also for an explosive sectarian conflict. 

Lost in all of this is the human toll that five years of civil war has exerted upon Syria’s beleaguered populace. To be sure, the mass exodus from the Mid-East and subsequent flow of migrants into Germany, France, Sweden, and Austria (to name but a few) is representative of the struggle, but in the minds of many Europeans, the Paris attacks have served to turn a humanitarian crisis into a symbol of a dangerous and imminent Islamization of Western Europe. That, in turn, has to a certain extent dehumanized Syrian refugees. That’s not to say that terror groups have not sought to take advantage of the discord by embedding militants in the crowds of asylum seekers flooding into Europe. It’s just to say that thanks to the massacre in France, Syrian refugees have become more a symbol of terror than they have a symbol of suffering. 

It’s with that in mind that we bring you the following images (via Reuters) from the Syrian capital and excerpts from “The Slow Death of Damascus”, by Thanassis Cambanis as originally published in Foreign Policy.

Few supporters of the government are switching sides to the opposition these days, but many are simply exhausted by the immense toll exacted

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Dirty Connecticut Mayor (Sentenced To Prison For Corruption) Reelected In Landslide

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

After East Chicago re-elected an accused drug dealer and murderer as councilman, we thought the bar had dropped as low as it gets for the ignorance of an electorate. But, no! Bridgeport, Connecticut residents just took the proverbial biscuit by re-electing Mayor Joseph P. Ganim – who during his last 'reign' was convicted of 16 felonies including racketeering, extortion, and bribery.

As's Lou Colagiovanni details, Ganim spent seven years of his life in federal prison as a result of the convictions.

Political pundits originally saw Ganim’s candidacy as a sideshow with no hope of electability, but the joke was on them. In September, Ganim defeated Bridgeport’s incumbent mayor, Bill Finch, by 400 votes during the Democratic primary.

Mary-Jane Foster, the Vice President of the University of Bridgeport, was Ganim’s closest opponent and lost the election by a landslide margin of almost 2 to 1. Imagine that—the voters prefered a convicted felon known for making backroom deals over an illustrious member of the community who has dedicated her life to education.

Foster was stunned by Ganim’s victory. I couldn’t be more surprised. I expected that I would be elected the next mayor of Bridgeport. Voters were clearly willing to give Joe Ganim a second chance,” she commented.

Connecticut Governor Dannel P. Malloy acknowledged Ganim’s triumph. “The voters have spoken, and I want to congratulate Joe Ganim on his victory. I am committed to moving Bridgeport forward, and, as I have said, I will continue to put the best interests of the community first,” he said.

Though unusual, a mayor being convicted of a felony does not automatically mean the candidate cannot win reelection. Marion S. Barry Jr., the former Mayor of Washington, D.C., was convicted of smoking crack cocaine in 1990 and sentenced to six months in prison. Barry’s arrest meant he could not run for reelection, but the voters brought him back to the mayoralty from 1995 to 1999.

In a showing of sheer political gamesmanship, Ganim was able to convince one of the FBI agents who originally arrested him in 2003 to endorse his campaign. Ganim was also endorsed by the local police union.

Ganim was gracious in victory. “We not only made history, we’ve defined a new course for this great city.

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Goldman’s Meteoronomists Have A Dire Forecast: “Winter Is Coming”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

What little credibility the shamanistic voodoo religion that is economics had, it lost over the past 2 years when even the most modest downtick in economic activity was blamed on the “weather.” It appears that as part of their conversion from “economist” to pure-play weathermen, nobody advised Wall Street’s if not best and brightest, then certainly dumbest Keynesians, that adjusting for the seasons, is precisely what seasonal adjustments are for, and why they spend hundreds of hours goalseeking every data point with Arima-X-13 models until they get the result they want.

It was not enough, and in the winter of 2013 and 2014, the farce was indeed complete, when none other than the Bureau of Weather Economic “Analysis” incorporated double seasonal adjustments, to smoothe away what to most was an “inexplicable” slowdown in the US economy, and which was simply a function of two consecutive credit crises hitting China in the latter part of 2013 and 2014.

However, instead of modeling how two consecutive years of China’s slowing credit impulse slammed US growth, the economisseds instead decided to blame it all on the unprecedented events of cold and snow in the winter as they relied on their favorite forecasting tool…

So with the winter of 2015 so far shaping up to be what some have dubbed “abnormally hot”, we thought that at least this year the weatherconomists would keep their mouth shut: after all, if you blame cold weather for an underperforming economy, you better say nothing at all if the weather is warmer than usual as it has been in October and November.

Alas, it was not meant to be, and so, without further ado, here are everyone favorite economweathermen from Goldman Sachs, warning everyone that, drumroll, yes, Winter Is Coming.

No really, that’s the title.

Here is the full 2000-word “explanation” from Goldman’s team of merry weathermen:

Winter is Coming

  • Growth decelerated sharply in Q1 in 2014 and 2015, and we suspect that unusually harsh winter weather contributed. With the winter season now upon us, we revisit old lessons learned and develop new rules of thumb for estimating the economic impact of weather fluctuations.
  • We focus on two weather indicators that measure temperature and snowfall. The first is the deviation of “heating degree days” (HDD), a

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Why China Hit The Panic Button On Metals Traders (In 1 Simple Copper Chart)

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Within the last week China appears to have hit the panic button with regards the seemingly unstoppable collapse of commodity prices. First, desperate Chinese producers began to demand a QE-for-commodities bailout; then, following the well-trodden (and failing) path of China's equity market maipulation, authorities began to crackdown on "malicious" commodity short-sellers. So why now? Why focus attention on the commodity markets? Perhaps this chart holds the key…

Having suddenly lost control of the stock market again…

Maybe commodities are a renewed focus as, we showed earlier in the week, there is "No End In Sight For Commodity Carnage As Chinese Fear Fed Hike Blowback", a post which can be summarized with the following chart showing that at least for nickel, copper, zinc, iron ore and aluminum it will be a very unhappy holiday season:

The one-word reason for this condition, as we explained here: China, which as documented extensively in the past, has clammed down on its unprecedented credit creation now that its debt/GDP is well over 300% and as a result conventional industries are dying a fast and violent death. In fact, months ago we, jokingly, suggested that what China should do, now that it has scared sellers and shorters to death, is to launch QE where it matters – the commodity space.

Which led to demands for a bailout…

That joke has become a reality according to Reuters, which reports that China's aluminum and nickel producers have asked Beijing to buy up surplus metal, sources said, the first coordinated effort since 2009 to revive prices suffering their worst rout since the global financial crisis.

And a crackdown on speculators (the selling ones, not the buying ones)…

So as a plan B, the same metals industry group that is reeling and understands it is one foot in the grave unless commodity prices pick up and which earlier this week demanded a government bailout, or "QEmmodity" soaking up all excess production, has doubled down and according to Bloomberg the China Nonferrous Metals Industry Association has submitted a request to Chinese regulators to probe "malicious" short-selling in domestic metal contracts amid recent price declines.

What is even more insane, is that China will do just that, in the process breaking what little is left of a domestic commodity…
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Zero Hedge

Mark Dice Confronts America's Zombie Shoppers

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Unlike on previous occasions when Mark Dice either mocks the stupidity of Americans for having zero clue about the true worth of precious metals, or mocks the stupidity of Americans for having absolutely no understanding of politics (yet supporting Hillary Clinton among others), in his latest clip, the notorious lampooner takes a stroll at 4:30 pm on Thanksgiving night in front of the Best Buy in San Diego where he finds a massive line.

What follows is Mark, armed with just a bullhorn, taking on several hundred consumption zombies waiting...

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Phil's Favorites

Chinese Debt Snowball Gaining Momentum

Courtesy of John Rubino.

Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash depends mostly on the asset in question: Equities can plunge literally overnight, while bonds and bank loans can take a while to reach critical mass.

China’s bursting bubble is of the second type. During its post-2009 infrastructure binge, trillions of dollars were lent to (way too many) producers of cement, steel, chemicals and other basic industrial inputs. And now a growing number of them can’t make their payments:

China’s Bond Stresses Mount as Two More Companies Flag Concerns A Chinese fertilizer maker and a...

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Kimble Charting Solutions

Does Black Friday Matter For Gains The Rest Of The Year?

Courtesy of Chris Kimble.

We are entering one of the most bullish times of the year historically.  As we mentioned last week, the final 30 trading days of the year have been higher each of the last 12 years.


Getting to today, it is Black Friday – the official start to the holiday spending season.  We’ve seen many stats that show this day isn’t quite as important as it once was.  From many sales now starting on Thanksgiving, to Cyber Monday this coming Monday – there are other times people are looking for the best deals.  None the less,...

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Market News

News You Can Use From Phil's Stock World


Financial Markets and Economy

Rich Asians Mostly Stick With Dollar Rally UBS Sees Almost Done (Bloomberg)

UBS Group AG, the world’s largest private bank, is telling its wealthy clients that the U.S. dollar’s gains are set to be limited as the Federal Reserve will probably tighten policy gradually after liftoff next month.

Switzerland is about to launch a huge experiment in 'the war on cash' (Business Insider)

A huge economic experiment will begin in Switzerland and Sweden in 2016, and some people are calling it ...

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Chart School

Greatest risk to the stock market is?

Courtesy of Read the Ticker.

Nope it is not interest rates, nope it is not Donald Trump, it is!

It is the CRUDE OIL crash, simple!

Jim Willie has good comments in the first 40 min of this pod cast.

Energy company ...
- Debt is blowing up (See energy element of HYG).
- Hedging at oil $100 is coming to an end.
- Iran coming back to the market, more supply.
- Saudi still providing massive supply.
- Oil tankers holding oil parked in the ocean are coming in to harbor to unload
- US dollar strength supports lower oil prices
- World wide DEMAND slump for energy or deflation.
- More oil being sold outside the US Dollar
- The Oil futures can not be manipulated easily as folks actually ...

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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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Sector Detector: Bulls wrest back control of market direction, despite global adversity

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

Courtesy of Sabrient Systems and Gradient Analytics

Some weeks when I write this article there is little new to talk about from the prior week. It’s always the Fed, global QE, China growth, election chatter, oil prices, etc. And then there are times like this in which there is so much happening that I don’t know where to start. Of course, the biggest market-moving news came the weekend before last when Paris was put face-to-face with the depths of human depravity and savagery. And yet the stock market responded with its best week of the year. As a result, the key issues dominating the front page and election chatter have moved from the economy and jobs to national security and a real war (rather than police ...

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Swing trading portfolio - week of November 23rd, 2015

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

Bitcoin's Computing Network is More Powerful than 525 Googles and 10,000 Banks!

Courtesy of ZeroHedge. View original post here.

Submitted by Reggie Middleton.

I've decided to build our startup - Veritaseum, a peer-to-peer financial services platform, directly on top of the Bitcoin Blockchain. Many queried why I would voluntarily give up a lucrative advisory and consulting business to chase virtual coins in cyberspace. That's exactly why I decided to do it. That level of misunderstanding of what is essentially the second coming of the Internet gave me a fundamental advantage over those who had deeper connections, more capital and more firepower. I was the first mover advantage holder.

You see, Bitcoin is not about coins, currency or price pops. It is a massive computing net...

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PSW is more than just stock talk!


We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more! features the most important and most interesting news items from around the web, all day, every day!

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

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

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Whitney Tilson On LL, EXACT, And Martin Shkreli


Whitney Tilson On LL, EXACT, And Martin Shkreli

Courtesy of Value Walk

1) The shares of one of my largest short positions (~3%), Exact Sciences, crashed by more than 46% yesterday. Below is the article I published this morning on SeekingAlpha, explaining why I think it’s still a great short and thus shorted more yesterday. Here’s a summary:

  • The U.S. Preventative Services Task Force’s Colorectal Cancer Screening Draft Recommendation issued yesterday is devastating for Exact Sciences’ only product, Cologuard.
  • I think this is the beginning of the end for the company.
  • My price target for the stock a year from now is $3, so I shorted more yes...

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Baxter's Spinoff

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

Baxter Int. (BAX) is splitting off its BioSciences division into a new company called Baxalta. Shares of Baxalta will be given as a tax-free dividend, in the ratio of one to one, to BAX holders on record on June 17, 2015. That means, if you want to receive the Baxalta dividend, you need to buy the stock this week (on or before June 12).

The Baxalta Spinoff

By Ilene with Trevor of Lowenthal Capital Partners and Paul Price

In its recent filing with the SEC, Baxter provides:

“This information statement is being ...

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Mapping The Market

An update on oil proxies

Courtesy of Jean-Luc Saillard

Back in December, I wrote a post on my blog where I compared the performances of various ETFs related to the oil industry. I was looking for the best possible proxy to match the moves of oil prices if you didn't want to play with futures. At the time, I concluded that for medium term trades, USO and the leveraged ETFs UCO and SCO were the most promising. Longer term, broader ETFs like OIH and XLE might make better investment if oil prices do recover to more profitable prices since ETF linked to futures like USO, UCO and SCO do suffer from decay. It also seemed that DIG and DUG could be promising if OIH could recover as it should with the price of oil, but that they don't make a good proxy for the price of oil itself. 


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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!

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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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