Author Archive for Zero Hedge

Nigel Farage: “Trump Is The New Reagan”

Courtesy of ZeroHedge. View original post here.

A few days after wowing thousands of Republicans at a rally in Jackson, Mississippi, “Mr. Brexit” Nigel Farage, penned a letter (presented below) to the Daily Mail describing Trump as the “new Ronald Reagan.”  Even though he stopped short of endorsing Trump, a decision he made after condemning Obama for interjecting himself into the Brexit discussion, he did note that he “would not vote for Hillary Clinton even if she paid me.

I did not endorse Trump, because I had condemned President Obama for telling us what to do in our referendum.

“But I did say that if I was a US citizen I would not vote for Hillary Clinton even if she paid me.

Perhaps if I donate to the Clinton Foundation her views on me might soften.

Despite his obvious distaste for Hillary, Farage, not one to hold back, also had some criticisms of Trump saying he has “made a lot of mistakes.”  He also noted Trump’s tendency to go off script saying that his “acceptance speech in Cleveland appeared to be disjointed” and “didn’t flow“.  That said, in the end, he points out that everyone makes mistakes noting that “virtually everyone thought that Ronald Reagan was unfit to be the US President before he made a huge success of his two terms.

* * *

Full letter from Nigel Farage to the Daily Mail:

Since I announced that I was going to stand aside as Ukip leader in the wake of the successful Brexit campaign, I’ve had more time to do other things.

This included a trip to Cleveland for the Republican Convention and the adoption of Donald J. Trump as their Presidential candidate.

I was astonished that everybody I met wanted to talk about Brexit – not just the delegates to the convention but ordinary people, including a group of US Navy veterans who told me we should have done it years ago.

There was a chance meeting, in a bar of course, with the delegation from Mississippi.

They were wildly enthusiastic Brexiteers and told me that their State Governor Phil Bryant was delighted with the result and would love me to visit.

So in what I thought would be the quiet days of August, I


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Pensions, Oy Vey

Courtesy of ZeroHedge. View original post here.

By Chris at www.CapitalistExploits.at

Years ago it seemed that when you hit 65 you’d retire, receive a gold watch, and proceed to spend your pension money on a rocking chair and pot plants. Ten years later you’d be in a box and, since pot plants are cheap, the cost of keeping you alive wasn’t prohibitive.

Not anymore. Today things are different. My wife belongs to a running club and there are a bunch of octogenarians there who put us both to shame. Nope, today you retire and spend your pension on kickboxing classes and second wives, with no plan of dying anytime soon.

This is really bad news for pension schemes across the developed world. Longevity is a problem when you can’t pay for it.

 

Your Pension Is Threatened As Life Expectancy Rises

Maybe, just maybe, we could keep Mabel and Bob around for 10 years of re-used tea bags and pot plants, but not 20 years of kickboxing.

A suggestion put forward is that young people will simply have to hand over three times as much in taxes and work in their cubicles until they’re 123 before collapsing from a heart attack, clutching their overfilled catheters. At the very least, we’ll have robots changing their nappies though this doesn’t seem like a credible solution.

The fundamental problem with pensions is that you’re saving for old age diapers, pot plants, and rocking chairs by handing those savings over to entities whose mandates force your capital into asset allocations that no longer make sense. Why, oh why would you buy a European government bond for a negative yield just because the rating agencies still class it AAA and your fund mandate says it’s OK?

For those who still watch TV, I’m told that every night is littered with advertisements for pension companies. Those pension fund companies, sucking in your pot plant money, are actively seeking more suckers so they can move into shinier, taller office buildings in the most expensive sought after part of town where they will hire more executives to help plan more adverts to bring in more money from more suckers.

But we’re not living in 1964 anymore. Technology has evolved and today I sit writing to you from a home office in a place of my choosing. I manage my wealth from this location but in truth I can -and often am – anywhere. I have friends, colleagues, and clients with multi


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Dutch Central Bank Refuses To Publish Gold Bar List For Dubious Reasons

Courtesy of ZeroHedge. View original post here.

My hunt for the gold bar list of the Dutch official gold reserves started in 2015. On September 26 of that year I visited a conference in Rotterdam, the Netherlands, called Reinvent Money. One of the speakers was Jacob De Haan from the Dutch central bank (DNB) Economics and Research Division – you can watch his presentation by clicking here.

In his presentation De Haan repeatedly talked about the importance of transparency in central banking. These statements raised my eyebrows, as I submitted a FOIA request at DNB in 2013 to ask for all correspondence between DNB and other central banks in the past 45 years with respect to its monetary gold, which was not honored. From my experience DNB was anything but transparent.

De Haan DNB 2015

Slide from is Jacob De Haan (DNB) at the Reinvent Money conference September 26, 2015. Red frame added by me.

After the presentation I approached De Haan and asked him, if transparency is so important to DNB, why has it never published its gold bar list? An act of transparency that could be accomplished within minutes. De Haan offered me he would look into that. He gave me his email address and we agreed to stay in touch. 

Jan de Haan dnb

September 26, 2015, at the Reinvent Money conference. On the left is Jacob De Haan, on the right in the orange sweater is me.

The next day I send De Haan an extensive email explicating my request at DNB to publish the gold bar list of the Dutch gold in excel sheet format. I wrote him it wouldn’t take DNB any effort, as I assumed the bar list was readily available.

De Haan never replied to my email, so I called his office in December 2015 to ask what the status was of my request. De Haan’s secretary answered my inquiry was not rejected but still being processed.

Weeks passed but I didn’t get any reply from De Haan.

On February 24, 2016, I decided to call DNB’s press department to ask about my inquiry. DNB’s spokesman, Martijn Pols, told me over the phone the subject was still being discussed internally, he even confirmed De Haan was involved in the decision making. DNB was considering releasing the document while carefully weighing al pros and cons, he said. In the conversation Pols stated DNB was aware


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Al Qaeda In Syria Changed Its Name And Now The US Is Arming Them

Courtesy of ZeroHedge. View original post here.

Submitted by Dan Wright via ShadowProof.com,

Though many scoffed when the Al Qaeda affiliate in Syria, Jabhat Al-Nusra, rebranded itself Jabhat Fateh Al-Shamthat cosmetic change was apparently enough to convince the US government to start sending them arms.

In the recent push by rebels in the city of Aleppo, Al-Nusra/Al-Sham took a leading role and was reportedly among the rebels groups who received US weapons. Those weapons will first be used to kill Syrian government troops and after that, well, who knows?

Many, if not most, of the rebel groups fighting the Syrian government are jihadist and few have any serious objection to Al-Nusra participating in their operations, especially given that Al-Nusra has proven to be one of the most effective groups on the battlefield. If Al-Sham and fellow Sunni jihadists prevail over Syrian government forces, a genocide will likely commence against religious minorities in Syria, starting with the Alawites and moving on to other Shiites.

From the Atlantic Council:

“Fateh al-Sham’s support extends beyond the immediate political and military opposition. Roshd Virtual University in Istanbul, Turkey offered 100 scholarships to the children of the fighters who participated in Aleppo’s battle. The opposition’s desperation to change the balance of power in Syria has made them embrace Fateh al-Sham and turn a blind eye to the fact that it was until recently the Nusra Front, an internationally designated terrorist group with ties to al-Qaeda.

“According the Syria analyst Charles Lister, there is a significant subsection of the Syrian opposition that does not oppose Fateh al-Sham’s participation in Aleppo related military operations. Moreover, Lister said that opposition forces fighting in Aleppo received for the first time American weapons that are normally designated for forces fighting the Islamic State (ISIS). The opposition’s takeaway is that the United States does not object to preserving the balance on the ground with the Syrian regime, even if doing so indirectly bolsters Fateh al-Sham.”

While it would be a mistake to say this is the first time the US gave assistance to Al Qaeda-linked rebels in Syria, it is a pretty stunning digression from earlier claims from US officials that assisting Al Qaeda and ISIS was completely off limits. Now the US is arming them in one of the most crucial


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“It May Take A Massive Program, Large Enough To Shock Taxpayers” – The Jackson Hole Post-Mortem

Courtesy of ZeroHedge. View original post here.

On Saturday, the 2016 edition of the Fed’s Jackson Hole two-day symposium came to an end, and as many expected, following long bouts of rhetoric, circular statements and hollow bluster, much of it contradictory, both the participants and markets remain as confused as ever.

In addition to Friday’s Yellen-Fischer one-two knock out punch, below are some of the key quotes, courtesy of Dow Jones:

“In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal-funds rate has strengthened in recent months.”

- Federal Reserve Chairwoman Janet Yellen, Friday, in a keynote speech at the conference:

When asked whether the Fed could raise rates at its meeting next month and again before the end of the year, he said Ms. Yellen’s speech “was consistent with answering yes to both of your questions, but these are not things we know until we see the data.”

- Fed Vice Chairman Stanley Fischer, Friday, in a CNBC interview:

“We should be on a program of gradual rate increases,” though he added, “We can afford to be patient” when it comes to acting.

-Fed governor Jerome Powell, in a Bloomberg television interview Friday:

“If the economy in the next few weeks performs consistent with my sense of the economy, then I think we ought to have a serious discussion at the September meeting” about raising rates.

- Atlanta Fed President Dennis Lockhart, Saturday, in a WSJ interview:

“If we had a lot of good news and we got into the September meeting and other people wanted to go, I could support that--but again I’m talking about one increase and no planned increases after that.”

- St. Louis Fed President James Bullard, Saturday, in a WSJ interview:

“The case for raising rates in the near term “has been strengthened.”

- Dallas Fed President Robert Kaplan, in a Bloomberg television interview Friday:

“I see a gradual…upward pace in interest


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The Script: Ocwen Lawyer Spoon-Fed Foreclosure Questions and Answers to Robo-Witnesses

Courtesy of ZeroHedge. View original post here.

Ocwen

“My conclusion is that it’s pretty clear—from what she’s saying and the document that she attaches—that they’ve been doing what I’ve been saying they were doing all along: telling clients want to say. These are listed out for the attorneys to ask the witness, and the answers that the witness needs to give are right there. I find that to be extremely telling. It’s exactly what we thought was going on. When they talk about training of the witness, they’re teaching them what to say at trial, and it doesn’t matter whether it’s true or not.”

~

Ocwen Lawyer Spoon-Fed Questions and Answers to Robo-Witnesses

Excerpted from The DBR

A Royal Palm Beach attorney alleges an attorney for embattled mortgage servicer Ocwen Financial Corp. improperly spoon-fed questions and answers to unqualified witnesses testifying in foreclosure cases against Florida homeowners.

Foreclosure defense attorney Thomas Ice said he’s uncovered a script that was provided to Atlanta-based Ocwen witnesses to crush homeowner defenses and allegations of robo-witnesses by financial services sector employees who have no first-hand knowledge of mortgage details.

Ice represents St. Lucie County homeowner Thomas Rolle in foreclosure litigation brought by Deutsche Bank National Trust Co.

Ocwen took over servicing the mortgage in early 2013, and the lenders initially brought in national law firm Quintairos Prieto Wood & Boyer to handle the litigation.

Attorneys for both sides exchanged exhibits during trial preparation, but Ice said a group of documents inadvertently emailed during the exchange exposed an in-house strategy to feed witnesses a list of prepared questions and answers.

In several documents, former Quintairos Prieto Wood & Boyer attorney Erin Prete outlined litigation tactics in a series of emails to colleagues addressing foreclosure defenses and strategies for debunking them. In one email thread, she provided a list of questions focused on default notices sent to homeowners to begin the foreclosure process.

NOD NJT Q’s

Those notices have proven pesky for lenders, who have repeatedly been tripped up


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German Economy Minister: “TTIP Talks Have Failed”

Courtesy of ZeroHedge. View original post here.

In the latest blow for Obama’s global trade agenda, German Vice Chancellor and Economy Minister Sigmar Gabriel said that free trade talks between the European Union and the United States have failed, citing a lack of progress on any of the major sections of the long-running negotiations. “In my opinion the negotiations with the United States have de facto failed, even though nobody is really admitting it” ZDF quoted the minister, according to a written transcript of the interview to be aired on Sunday. “[They] have failed because we Europeans did not want to subject ourselves to American demands.

He added that in 14 rounds of talks, the two sides haven’t agreed on a single common item out of 27 chapters being discussed. Among the stumbling blocks is a US objection to opening public tenders to European companies. “For me, that goes against free trade,” Gabriel previously commented regarding the issue.

But more than just disagreement on general principles, Gabriel singled out the US as the party making strong demands with no concessions: “We mustn’t submit to the American proposals,” said Gabriel, who is also the head of Germany’s center-left Social Democratic Party.

Gabriel accused Washington of being “angry” about the deal that the EU struck with Canada, known as CETA, because it contains elements the U.S. doesn’t want to see in the TTIP.

Despite strong misgivings among many EU member states over the Trans-Atlantic Trade and Investment Partnership, or TTIP, especially by farmers in the European block, both Washington and Brussels had pushed for a deal by the end of the year. As AP reports, Sigmar Gabriel compared the TTIP negotiations unfavorably with a free trade deal forged between the 28-nation EU and Canada, which he said was fairer for both sides.

As AP adds, Gabriel’s ministry isn’t directly involved in the negotiations with Washington because trade agreements are negotiated at the EU level. But such a damning verdict from a leading official in Europe’s biggest economy is likely to make further talks between the EU executive and the Obama administration harder. Surprisingly, Gabriel’s comments contrast with those of Chancellor Angela Merkel, who said last month that TTIP was “absolutely in Europe’s interest.”

European critics of the TTIP have claimed that the treaty is dangerous as it could


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Central Banks Double Down on the Mistakes of 2008… Creating the Greatest Bubble in Financial History

Courtesy of ZeroHedge. View original post here.

The common consensus in the financial community today is that the Fed and other Central Banks have somehow managed to end the business cycle. The result of this is that we’ve entered a period of sustained growth (albeit low growth) that will continue in perpetuity until something magical happens and stronger growth returns.

On the surface, this argument is embarrassingly naive. And it is astounding that grown adults actually believe it.

The Fed and other global Central Banks are largely being run by academics with zero real world experience. For centuries leaders and their advisors have tried to generate perpetual growth. None have succeeded. So the idea that this current group of Central Bankers, isolated from the private sector for their entire careers, somehow understand economics better than any other group of humans in history is a ludicrous.

We don’t even have to look back far to see where this ends. A mere 15 years ago, the financial world believed that Alan Greenspan was an economic genius who had brought the world to an era of the New Economy in which we saw non-stop productivity gains.

Today we laugh at the ignorance of this. Not content to have created the since largest stock bubble in financial history, Greenspan doubled down on his foolishness by creating a housing bubble that was three standard deviations away from historic norms.

 The fact that he handed off that mess to Ben Bernanke (another ivory tower economist with zero real world experience) before it nearly took down the entire financial system is the greatest accomplishment of his career.

And yet, today, a mere decade later, the investment community has fallen for the same nonsense. Ben Bernanke is hailed by mainstream media outlets as The Hero (!!!) because he, like Greenspan, has doubled down on his idiocy and created yet another bubble… this one in an even more senior asset class (sovereign bonds).

Bernanke, also like Greenspan, has handed this mess off to Janet Yellen, who, like her predecessors, has zero real world experience in the private sector. And yet, she is now sitting atop the largest asset bubble in financial history.

Today, the bond bubble is over $60 trillion in size. This alone means it is more than FIVE times the size of the US housing bubble. Moreover, this bubble is global


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Trump Closing Gap With Hillary In Latest Reuters Poll: This Is How He Could Win

Courtesy of ZeroHedge. View original post here.

Reuters has had some questionable problems with its data in the past like their decision to “tweak” their polling methodology when Trump took his first inexplicable lead over Hillary back in July (see our post entitled “Hillary Lead Over Trump Surges After Reuters “Tweaks” Poll“).  Well the latest Reuters/Ipsos poll as of 8/25/16 suggests that Hillary’s “lead” over Trump seems to be vanishing…may be getting close to time for another “tweak.” 

Reuters Poll

But polling data glosses over a critical component of what ultimately determines the winners of elections – namely, voter turnout.  For that, Reuters has also launched a tool which helps you analyze various voter turnout scenarios and the resulting electoral college results.  “Shockingly,” Reuters doesn’t seem to think a Trump victory is all that likely.  In their pre-loaded “How Trump Could Win” scenario, Reuters finds that Trump would need an 11% spike in Republican voter turnout combined with a 9% decline in minority Democratic voters to stand a chance.  

Click on the graphic below to create your own interactive scenarios.

Reuters Custom Poll





Why Russia Won’t Collapse

Courtesy of ZeroHedge. View original post here.

Putin Kudrin Russia

In a column earlier this year when the oil price was falling through the $30-level, quite a few people thought that Saudi Arabia, Venezuela and Russia would crumble. The Saudi’s are still standing, Venezuela is almost falling off a cliff (and only the continuous gold sales are avoiding a bankruptcy for the time being) but Russia? Russia is still there, and the economy which was in a slow-down modus earlier this year is picking up steam again.

Indeed, even though the Russian Central Bank hiked the key interest rates halfway 2014, it took appropriate action and immediately reduced the interest rates again to give the domestic economy more oxygen, as you can see on the next image.

Russia Danske Bank 2

Source: Danske Bank

The revival is obviously closely correlated with the oil price as the wellbeing of the Russian economy depends on the export of oil. This brings hard dollars into the country’s treasury to help the Central Bank to maintain a healthy ratio of foreign currency on the balance sheet (or to buy more gold, see later).

In the second quarter of the current calendar year, the economy shrank by just 0.6% which was a better performance than what the market analysts were expecting (-0.8%), and it looks like the stabilization in June (with a 0%-change in the Gross Domestic Product) was a positive surprise for most market watchers. However, if we pull up the chart with the oil price, you can indeed see oil was gaining strength in June which does explain the excellent performance during that month.

Russia Oil

Source: stockcharts.com

Does that mean the Russian economy is back in trouble after experiencing a weak July on the oil market? Not really. The export data will very likely come in strong, but the industrial production data from Russia seem to be still relatively weak despite a huge double-digit percentage increase in the production of machinery and equipment.

Russia Danske bank 1

Source: Danske Bank

What’s even more interesting is that the policy of the Russian boycotts against western products as a counter-measure against the imposed sanctions is having a (very!) counter-productive effect. Not only did the agricultural output increase by in excess of 3% in the first seven months of the year, the YoY performance in July was exceptionally strong with


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Zero Hedge

Nigel Farage: "Trump Is The New Reagan"

Courtesy of ZeroHedge. View original post here.

A few days after wowing thousands of Republicans at a rally in Jackson, Mississippi, "Mr. Brexit" Nigel Farage, penned a letter (presented below) to the Daily Mail describing Trump as the "new Ronald Reagan."  Even though he stopped short of endorsing Trump, a decision he made after condemning Obama for interjecting himself into the Brexit discussion, he did note that he "would not vote for Hillary Clinton even if she paid me."

"I did not endorse Trump, because I ha...



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ValueWalk

Boyar Value Group 2Q Letter - Some Thoughts About The Market

By VW Staff. Originally published at ValueWalk.

Boyar Value Group letter for the second quarter ended June 30, 2016.

Boyar Value Group – Some Thoughts About The Market

The two-day decline in the U.S. stock market subsequent to Great Britain’s decision to exit the European Union saw the Dow Jones Industrial Average plummet by 871 points. However, it climbed 809 points in the next four days and continued its ascent thereafter.

This leaves investors in a familiar quandary: Questioning what catalysts could spur the market to new highs. In our last quarterly letter, we mentioned the Federal Reserve had forecasted four interest rate hikes for 2016. We opined that in all likelihood there would be only one additional rate hike, and that might not come until after the presidential election. The fragile global economic outlook coupled with anemic dome...



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Phil's Favorites

The Fed: Myths vs. Reality

 

The Fed: Myths vs. Reality

Courtesy of Wade of Investing Caffeine

Traders, bloggers, media talking heads, and pundits of all stripes went into a feverish sweat as they anticipated the comments of Federal Reserve Chairman Janet Yellen at the annual economic summit held in Jackson Hole, Wyoming. When Yellen, arguably the most dovish Fed Chairman in history, uttered, “I believe the case for an increase in the federal funds rate has strengthened in recent months,” an endless stream of commentators used this opportunity to spout out a never-ending stream of predictions describing the looming consequences of such a potential rate increase.

As I’ve stated before, the Fed receives both too much blame and too much credit for...



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Chart School

World Markets Weekend Update: Six of the Eight Post Losses ... Again

Courtesy of Doug Short's Advisor Perspectives.

Only two of the eight equity indexes on our global watch list posted week-over-week gains in our latest update, same as last week. The two Eurozone indexes, France's CAC and Germany's DAXK, were the two who finished in the green, a shift from the Asian advance the previous week, when the Shanghai and Hang Seng were the sole gainers. In fact, the Shanghai Composite did a complete flip from its 1.88% gain the previous week to its -1.22% finish on Friday. The average of the eight improved fractionally from -0.56% the previous week to -0.39% for the latest.

A Closer Look at the Last Four Weeks

The tables below provide a concise overview of performance comparisons over the past four weeks for these eight major indexes. We'...



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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Corporate Profits Cloud U.S. Investment, Hiring Outlook (Bloomberg)

Before-tax corporate earnings fell 4.9 percent in the second quarter from a year earlier, the fifth consecutive decline and the worst streak since the end of the recession in mid-2009, Commerce Department figures showed on Friday.

Central bankers ponder moving the goalposts (Financial Times)

Central bankers gathering in Jackson Hole, Wyoming, for the annual Federal Reserve symposium on economics are in a challenging position.

...

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Kimble Charting Solutions

Basic Materials attempting breakout says Joe Friday

Courtesy of Chris Kimble.

Basic Materials stocks can often times give a decent snap shot of how an economy is doing from a growth or lack of perspective. Below looks at Basic Materials ETF (IYM) over the past decade.

CLICK ON CHART TO ENLARGE

IYM remains inside of an upward sloping mult-year rising channel (1), since 2009. It hit the bottom of this channel earlier this year and has bounce off support. Currently IYM is testing f...



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Biotech

Epizyme - A Waiting Game

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

Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer.  One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."

Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.  

Genetic components are the DNA sequences that are 'inherited.'  Some of these genes are stronger than others in their expression (e.g., eye color).  Yet, some genes turn on or off due to external factors (environmental), and it is und...



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OpTrader

Swing trading portfolio - week of August 22nd, 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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Digital Currencies

Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust

 

Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust 

By  at Bloomberg

Excerpt:

Stefan Thomas, who introduced millions of people to bitcoin, has had a change of heart.

Blockchain, the ledger software that makes the digital currency possible...



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Mapping The Market

Illusion of Choice

From Jean-Luc:

Looks like we are down to about 10 companies for our consumer goods:

http://www.visualcapitalist.com/illusion-of-choice-consumer-brands/

Just like banks, airlines and cable companies! 

The Illusion of Choice in Consumer Brands

Explore the full-size version of the above graphic in all its glory.

If today’s infographic looks familiar, that’s because it originates from a well-circulated report that Oxfam International puts together to show consolidation i...



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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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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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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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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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