Archive for the ‘Chart School’ Category

Best Stock Market Indicator Update

Courtesy of Doug Short’s Advisor Perspectives.

We continue to receive requests for updates to the “Best Stock Market Indicator”, which used to be a regular guest post from John Carlucci. Here is an update of the “Carlucci” indicator along with a summary of John’s explanation on how he uses it.


As John described it: “The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com used to find the “sweet spot” time period in the market when you have the best chance of making money.”

Latest Indicator Position

According to this system, the market is now untradable and a signal to exit all long trading. The OEXA200R is at 60%, and all three secondary indicators are negative.

  • RSI is NEGATIVE (below 50)
  • Slow STO is NEGATIVE (red line above black line)
  • MACD is NEGATIVE (red line above black line)

Carlucci Indicator

Background on the “Carlucci” Indicator

The OEXA200R is a metric used to assess the state of the market in order to make profitable trading decisions. That is, whether we are in a bull market, a bear market or transitioning from one to the other, as well as market volatility and risk within each of those situations. Historically, it has also given traders a clear early warning signal of impending serious market downturns and later safe re-entry points. While not intended as a day trading tool per se, it can certainly be used as background information by highly speculative traders. Simply put, the OEXA200R gives traders the ability to identify the most opportune conditions within which to execute their various long, short or hold strategies.

Definition of Terms:

Tradable” refers to the point at which it is most advantageous to enter and continue long trading.

Un-tradable” refers to the point at which it is advisable to exit all long positions that have not already automatically closed with a trailing stop loss. Please be aware that the OEXA exit points are not always timed at the exact top of any run up, that is impossible to predict. However, a trailing stop will follow the price to the highest point and close out as it falls from there, meaning most positions should have closed before the OEXA exit signal appears and thus should close at a point higher than at the exit signal.

Following…
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World Markets Weekend Update: A Worsening Situation Following the Brexit Vote

Courtesy of Doug Short’s Advisor Perspectives.

Equity markets around the globe plunged on Friday in response the Brexit vote outcome. Actually, prior to the Friday selloff, the week was looking rather positive for our eight-member watch list. Ironically, on a week-over-week basis, the UK’s FTSE was the best performer, despite its -3.15% Friday loss. For the second consecutive week, Japan’s Nikkei has the painful distinction of being the biggest loser, down 4.15%, which, sadly, is an improvement over its 6.03% rout the previous week.

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’ve also included the average for each week so that we can evaluate the performance of a specific index relative to the overall mean and better understand weekly volatility. The colors for each index name help us visualize the comparative performance over time.

Four Weeks

Year-to-Date Performance

Here is an overlay of the eight illustrating their comparative performance so far in 2016. Note the sharp decline for the most recent datapoint, which reflects the Brexit vote outcome.

Here is a table of the 2016 performance, sorted from high to low, along with the interim highs for the eight indexes. Only one index is now in the green year-to-date, down from two last week. Japan’s Nikkei has now replaced China’s Shanghai Composite in meriting the nasty distinction of biggest loser YTD.

The Global Bear Market Perspective

The column chart is sorted by the least to worst declines from previous peaks as of the week’s end. Seven of our eight watch list indexes had dropped into bear territory (a 20% decline), the S&P 500 being the sole exception. As of the latest close, five of the eight are in the bear zone, unchanged from last week.

Global Bear Markets

A Longer Perspective

The chart below illustrates the comparative performance of World Markets since March 9, 2009. The start date is arbitrary: The S&P 500, CAC 40 and BSE SENSEX hit their lows on March 9th, the Nikkei 225 on March 10th, the DAX on March 6th, the FTSE on March 3rd, the Shanghai Composite on November 4, 2008, and the Hang Seng even earlier on October 27, 2008. However, by aligning on the same day and using a log scale vertical axis, we get an excellent visualization…
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Best Stock Market Indicator Update

Courtesy of Doug Short’s Advisor Perspectives.

We continue to receive requests for updates to the “Best Stock Market Indicator”, which used to be a regular guest post from John Carlucci. Here is an update of the “Carlucci” indicator along with a summary of John’s explanation on how he uses it.


As John described it: “The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com used to find the “sweet spot” time period in the market when you have the best chance of making money.”

Latest Indicator Position

According to this system, the market is now untradable and a signal to to exit all long trading. The OEXA200R is at 60%, and all three secondary indicators are negative.

  • RSI is NEGATIVE (below 50)
  • Slow STO is NEGATIVE (red line above black line)
  • MACD is NEGATIVE (red line above black line)

Carlucci Indicator

Background on the “Carlucci” Indicator

The OEXA200R is a metric used to assess the state of the market in order to make profitable trading decisions. That is, whether we are in a bull market, a bear market or transitioning from one to the other, as well as market volatility and risk within each of those situations. Historically, it has also given traders a clear early warning signal of impending serious market downturns and later safe re-entry points. While not intended as a day trading tool per se, it can certainly be used as background information by highly speculative traders. Simply put, the OEXA200R gives traders the ability to identify the most opportune conditions within which to execute their various long, short or hold strategies.

Definition of Terms:

Tradable” refers to the point at which it is most advantageous to enter and continue long trading.

Un-tradable” refers to the point at which it is advisable to exit all long positions that have not already automatically closed with a trailing stop loss. Please be aware that the OEXA exit points are not always timed at the exact top of any run up, that is impossible to predict. However, a trailing stop will follow the price to the highest point and close out as it falls from there, meaning most positions should have closed before the OEXA exit signal appears and thus should close at a point higher than at the exit signal.…
continue reading





Market Recap Jun 24, 2016

Courtesy of Blain.

Markets were caught wrong footed Friday as just about all signals were projecting a “Remain” vote rather than a “Brexit”.   Thus indexes gapped down sharply and were deep in the red all day – the S&P 500 fell 3.59% and the NASDAQ 4.12%.  On a percentage basis the Dow and S&P had their worst day since August 2015, while the NASDAQ’s decline was the index’s worst since August 2011. That said, the zombie apocalypse CNBC has been trumpeting appears to not have happened – but check your neighbor just in case.  While the losses were significant keep in mind the market has zoomed up Thursday quite a bit in the assumption Brexit would NOT happen so part of today’s selling was simply taking back that rally …and then some.

“The market was pricing in a different outcome yesterday even when the odds were too close to call and within a margin of error. The unexpected outcome is shaking up markets,” said Ben Carlson, money manager at Ritholtz Wealth Management.

“Positioning, hedging for this kind of event was super light. … When markets realized that (leave was ahead), it’s when everything started trading very badly. That was a function of very light positioning,” said Andres Jaime, global FX and rates strategist at Barclays.

The S&P 500 fell to its 100 day moving average, while the NASDAQ not only below our purple trendline which connects highs of the past year or so, it sliced through the blue line on our chart which connects major lows of 2014 and 2015.

spx

nasdaq

Here is the movement in the British pound, keeping in mind a 1% one day move in any currency is considered significant!

xbp

Japan had been hit very hard overnight as that market had an instant knee jerk reaction to the news, while U.S. investors at least some amount of hours to digest it.

sc

Financials – which had rallied quite sharply earlier in the week on the assumption the Brexit was a no-go, were hit particularly hard.

gs

c

The “flight to safety” trade was obviously back on with 10 year yields plunging.

tnx

It was a…
continue reading





S&P 500 Snapshot: Brexit Selloff, Back in the Red Year-to-Date

Courtesy of Doug Short’s Advisor Perspectives.

In yesterday’s S&P 500 update we asked: “Will a Brexit “stay” vote trigger a record close in tomorrow’s trade?” Au contraire, mon ami (use of a Eurozone language intended). The “leave” vote triggered a global selloff. The S&P 500 plunged at the open and sold off steadily to its -3.82% intraday low in the final hour. Some volatility in the final minutes trimmed the loss to -3.60%. The index is now back in the red at -0.32% year-to-date. A preliminary read of trading volume is the second highest of the year. Today’s decline was the largest since the -3.94% selloff in August of last year.

The flight to treasuries was substantial. The 10-year note closed at 1.57%, down 17 basis points from the previous session.

Here is a snapshot of past five sessions in the S&P 500.

S&P 500

Here is a daily chart of the index, which has dropped below its 50-day moving average. Volume, as we mentioned above, increased dramatically.

S&P 500

Here’s a look at the VIX volatility index, the celebrated “fear gauge” market indicator. Today’s selloff lifted it will above the 20 benchmark.

VIX

A Perspective on Drawdowns

Here’s a snapshot of selloffs since the 2009 trough.

S&P 500 Drawdowns

Here is a more conventional log-scale chart with drawdowns highlighted.

S&P 500 MAs

Here is a linear scale version of the same chart with the 50- and 200-day moving averages.

S&P 500 MAs

A Perspective on Volatility

For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 2007 with the intraday price range. We’ve also included a 20-day moving average to help identify trends in volatility.

S&P 500 Snapshot





The “Real” Goods on the May Durable Goods Data

Courtesy of Doug Short’s Advisor Perspectives.

Earlier today the Census Bureau posted the Advance Report on May Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation.

Let’s now review Durable Goods data with two adjustments. In the charts below the gray line shows the goods orders divided by the Census Bureau’s monthly population data, giving us durable goods orders per capita. The blue line goes a step further and adjusts for inflation based on the Producer Price Index for All Commodities, chained in today’s dollar value. This gives us the “real” durable goods orders per capita and thus a more accurate historical context in which to evaluate the conventional reports on the nominal monthly data.

We’ve included a callout in the upper right corner to document the decline from the latest month from the all-time peak for the series.

Real per Capita

Economists frequently study this indicator excluding Transportation or Defense or both. Just how big are these two subcomponents? Here is a stacked area chart to illustrate the relative sizes over time based on the nominal data. We’ve also included a dotted line to show the relative size of the Core Capex subset, which we’ll illustrate in more detail below.

Durable Goods Components

The next chart is similar to the first one except that it excludes the volatile Transportation component, the series usually referred to as “core” durable goods.

Core per Capita

Now we’ll exclude both Transportation and Defense for a better look at a more concentrated “core” durable goods orders.

Core ex Defense per Capita

Here is the chart that gives the most accurate view of what Consumer Durable Goods Orders is telling us about the long-term economic trend. The six-month moving average of the real (inflation-adjusted) core series (ex transportation and defense) per capita helps us filter out the noise of volatility to see the big picture.

6-month Moving Average

The Trend in Capital Goods

Finally, let’s take a big step back in the sales chain and look at the popular series often referred to as Core Capex — Nondefense Capital Goods New Orders Excluding Aircraft (capital goods are durable goods used in the production of goods or services), shown…
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May New Home Sales Drop 6.0% Month-over-Month, Worse Than Forecast

Courtesy of Doug Short’s Advisor Perspectives.

This morning’s release of the May New Home Sales from the Census Bureau came in at 551K, down 6.0% month-over-month from a revised 586K in April. Seasonally adjusted estimates for February and March were revised. The Investing.com forecast was for 560K.

Here is the opening from the report:

Sales of new single-family houses in May 2016 were at a seasonally adjusted annual rate of 551,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.0 percent (±12.8%)* below the revised April rate of 586,000, but is 8.7 percent (±14.6%)* above the May 2015 estimate of 507,000. [Full Report]

For a longer-term perspective, here is a snapshot of the data series, which is produced in conjunction with the Department of Housing and Urban Development. The data since January 1963 is available in the St. Louis Fed’s FRED repository here. We’ve included a six-month moving average to highlight the trend in this highly volatile series.

New Home Sales

Over this time frame we see the steady rise in new home sales following the 1990 recession and the acceleration in sales during the real estate bubble that peaked in 2005.

The Population-Adjusted Reality

Now let’s examine the data with a simple population adjustment. The Census Bureau’s mid-month population estimates show a 72.1% increase in the US population since 1963. Here is a chart of new home sales as a percent of the population.

Population Adjusted

New single-family home sales are about 6.8% below the 1963 start of this data series. The population-adjusted version is 45.8% below the first 1963 sales and at a level similar to the lows we saw during the double-dip recession in the early 1980s, a time when 30-year mortgage rates peaked above 18%. Today’s 30-year rate is around 4%.


For additional perspectives on residential real estate, here is the complete list of our monthly updates:





ECRI Weekly Leading Index: WLI Down Slightly, Growth Index Unchanged

Courtesy of Doug Short’s Advisor Perspectives.

Today’s release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 136.4, down 0.1 from the previous week. Year-over-year the four-week moving average of the indicator is now at 2.07%, down from 2.09% the previous week and the thirteenth week in positive territory. The company’s Weekly Leading Index annualized growth indicator (WLIg) is at 7.1, unchanged from last week and its highest since early May of 2013.

“The Rate Hike Cycle that Wasn’t”

ECRI’s latest feature article is a criticism of the Fed’s post-recession rate hike policy. Here is a key observation: “The attempt at a rate hike cycle has been exceptionally ill-timed, starting a full year inside of a cycle slowdown – the longest lag ever between the start of a GRC downturn and the beginning of a Fed rate hike cycle. Now – no matter what – we would have seen the longest lag ever between the first and second Fed rate hikes.” Read the full article here.

The ECRI Indicator Year-over-Year

Below is a chart of ECRI’s smoothed year-over-year percent change since 2000 of their weekly leading index. The latest level is above where it was at the start of the last recession.

WLI since 2000

RecessionAlert has launched an alternative to ECRI’s WLIg, the Weekly Leading Economic Indicator (WLEI), which uses 50 different time series from various categories, including the Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, and Credit Market Composite. An interesting point to notice — back in 2011, ECRI made an erroneous recession call, while the WLEI did not trigger such a premature call. However, both indicators are now generally in agreement and moving in the same direction.

Appendix: A Closer Look at the ECRI Index

The first chart below shows the history of the Weekly Leading Index and highlights its current level.

WLI Complete Series

For a better understanding of the relationship of the WLI level to recessions, the next chart shows the data series in terms of the percent off the previous peak. In other words, a new weekly high registers at 100%, with subsequent declines plotted accordingly.

WLI Percent off Peak

As the chart above illustrates, only once…
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Michigan Consumer Sentiment: June Final Below Expectations

Courtesy of Doug Short’s Advisor Perspectives.

The University of Michigan Final Consumer Sentiment for May came in at 93.5, a 1.2 point decrease from the 94.7 May Final reading. Investing.com had forecast 94.0.

Surveys of Consumers chief economist, Richard Curtin, makes the following comments:

Consumers were a bit less optimistic in late June due to rising concerns about prospects for the national economy. While no recession is anticipated, consumers increasingly expect a slower pace of economic growth in the year ahead. Importantly, the persistent strength in personal finances will keep the level of consumer spending at relatively high levels and continue to support an uninterrupted economic expansion. Over the past 18 months, the Sentiment Index has shown only minor fluctuations about a very positive trend, with the June 2016 level a bit higher than the overall average (93.5 vs. 92.6). This relative stability stands in sharp contrast to the much more volatile path of GDP. The stability in the overall Sentiment Index reflects a gradual improvement in assessments of current conditions being offset by a downward drift in the economic prospects. The Current Conditions Index reached in the June survey its highest level since January of 2007, while the Expectations Index declined a modest 9.5% from its January 2015 peak. Although the data are consistent with GDP growth falling slightly below 2.0% in 2016, real consumer spending can be expected to rise by 2.5% in 2016 and 2.7% in 2017. [More...]

See the chart below for a long-term perspective on this widely watched indicator. Recessions and real GDP are included to help us evaluate the correlation between the Michigan Consumer Sentiment Index and the broader economy.

Michigan Consumer Sentiment

To put today’s report into the larger historical context since its beginning in 1978, consumer sentiment is 9.5 percent above the average reading (arithmetic mean) and 10.8 percent above the geometric mean. The current index level is at the 72nd percentile of the 462 monthly data points in this series.

The Michigan average since its inception is 85.4. During non-recessionary years the average is 87.6. The average during the five recessions is 69.3. So the latest sentiment number puts us 24.2 points above the average recession mindset and 5.9 points above the non-recession average.

Note that this indicator is somewhat volatile, with a 3.0 point absolute average…
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May Durable Goods Orders Down 2.2%, Core Down 0.3%, ex-Defense Down 0.9%

Courtesy of Doug Short’s Advisor Perspectives.

The Advance Report on Manufacturers’ Shipments, Inventories and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders:

New orders for manufactured durable goods in May decreased $5.3 billion or 2.2 percent to $230.7 billion, the U.S. Census Bureau announced today. This decrease, down following two consecutive monthly increases, followed a 3.3 percent April increase. Excluding transportation, new orders decreased 0.3 percent. Excluding defense, new orders decreased 0.9 percent.

Transportation equipment, also down following two consecutive monthly increases, led the decrease, $4.8 billion or 5.6 percent to $81.9 billion. Download full PDF

The latest new orders number at -2.2% month-over-month (MoM) was well below the Investing.com estimate of -0.5%. This series is up 3.2% year-over-year (YoY). If we exclude transportation, “core” durable goods came in at -0.3% MoM, which was below the Investing.com estimate of 0.2%. The core measure is down 0.4% YoY.

If we exclude both transportation and defense for an even more fundamental “core”, the latest number is up 2.2% MoM but down 0.9% YoY.

Core Capital Goods New Orders (nondefense capital goods used in the production of goods or services, excluding aircraft) is an important gauge of business spending, often referred to as Core Capex. It came in at -0.7% MoM and -3.6% YoY.

For a look at the big picture and an understanding of the relative size of the major components, here is an area chart of Durable Goods New Orders minus Transportation and Defense with those two components stacked on top. We’ve also included a dotted line to show the relative size of Core Capex.

Durable Goods Components

The next chart shows year-over-year percent change in Durable Goods. We’ve highlighted the value at recession starts and the latest value for this metric.

Core Durable Goods

The next chart shows year-over-year percent change in Core Durable Goods (i.e., excluding transportation).

Core Durable Goods

The next chart shows the growth in Core Durable Goods overlaid on the headline number since the turn of the century. This overlay helps us see substantial volatility of the transportation component.

Core Growth

Here is a similar overlay, this time excluding Defense as well…
continue reading





 
 
 

Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Central banks ready to cooperate after Brexit result (Business Insider)

Central banks are ready to cooperate to support financial stability in the wake of Britain's vote to leave the European Union, the Bank for International Settlements said on Saturday.

Central bankers gathered at the organization's global economy meeting in Switzerland discussed the implications of the referendum.

How Americans spend their day reflects a shifting economy and population (Wall Street Journal)

Americans overall are working less and sleeping more than they were a decade ago, trends that point to an aging p...



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Zero Hedge

Is Brexit The First Of Many Dominoes? A Few Charts

Courtesy of ZeroHedge. View original post here.

Courtesy of: Visual Capitalist

Is Brexit the First of Many Dominoes?

Markets have been turned upside down by a surprise Brexit result and the resignation of David Cameron. While there is looming uncertainty around how this will affect the United Kingdom and Europe from an economic perspective, it might be just the tip of the iceberg in terms of long-run consequences.

A Brexit opens the door for future events that would be previously unfathomable by popular opinion, ...



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ValueWalk

George Soros: With Brexit, EU Now On The Verge Of Collapse

By Jacob Wolinsky. Originally published at ValueWalk.

George Soros is back again with a dire warning – the Brexit could lead to the disintegration of the European Union. I noted in his earlier op-ed that Soros only focused on UK concerns with the EU and not with a EU break-up, but that it must surely be on his mind since he has warned that the EU is on the verge of collapse and Brexit now will hasten it. This too was my biggest fear regarding Brexit and even though I think Europe needs to get a hold of its immigration policy I favored remain. It looks like Soros so far is proving right – the IRA is back with demands in Ireland, the Scotts might vote for independence, there is talk of Italy breaki...



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Chart School

Best Stock Market Indicator Update

Courtesy of Doug Short's Advisor Perspectives.

We continue to receive requests for updates to the "Best Stock Market Indicator", which used to be a regular guest post from John Carlucci. Here is an update of the "Carlucci" indicator along with a summary of John's explanation on how he uses it.

As John described it: "The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com used to find the "sweet spot" time period in the market when you have the best chance of making money."

Latest Indicator Position

According to this system, the market ...



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Kimble Charting Solutions

2007 pattern being repeated right now? Another "Push Away???"

Courtesy of Chris Kimble.

CLICK ON CHART TO ENLARGE

The NYSE index kissed the underside of dual resistance at (1) back in 2008. Once resistance held, a big push away from it took place and sellers stepped forward.

NYSE creating a similar pattern again at (2)???

This would NOT be a good place for the Risk On trade if the broad market starts “pushing away” from dual resistance at (2).

Full Disclosure- ...



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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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OpTrader

Swing trading portfolio - week of June 20th, 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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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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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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