Archive for the ‘Permissions’ Category

Greece – What Comes To Mind?

By Capitalist Exploits. Originally published at ValueWalk.

I warn you… I’ll get hate mail for this. I am a bad person.

Perhaps, I spent too much time in European cities because Athens and Greece in particular always failed to impress me.

Ok, they have a lot of crumbly buildings. But so do every other country in the region. Ephesus is more impressive than the Panthenon. The Colosseum more impressive than the Valley of the Temples.

And then there’s the food. It’s terrible. Leaves or cheese, sometimes both, double soaked in oil pretty much sums it up.

If you’re not into crumbling buildings, they offer the islands, which are quite nice, laid back, and fun with those little hilltop villages you see in the postcards, riddled with cobbled streets and fat ladies with missing teeth, smiling at you.

Unfortunately, all this novelty wears thin after about 48 hours and so after some water sports, which you can only do for so long, you’re left exhausted by sex – because let’s face it, you’ve run out of anything else worth doing.

It’s easily the best thing about Greece and I highly recommend it for that reason. It’s cheap, sunny, warm, dysfunctional, and boring… which makes it the perfect place to go for a dirty weekend away.

I realise my tastes are unique, and plenty of people love Greece for all the reasons I don’t. In particular, the Chinese… which is really what this article is about.

Unless you’ve been living under a rock, you’ll have heard of China’s ambitious One Belt, One Road initiative. It is essentially the restoring of the historic Silk Road established by Genghis Khan with his arrival in Europe and Alexander the Great who almost reached the Chinese province of Xinjiang.

There is a long history here with the Hellenic world and Eastern Europe having carved mathematics and Indo-European languages along the old Silk Road, and the Greek-Buddhist syncretism which influenced the development of both art and philosophy in China and India.

Greece

While Brussels farts around with Brexit and Draghi puzzles a catchy name for the next batshit crazy money printing initiative, China has been steadily and quietly using their massive FX reserves ($3 trillion) to lay the groundwork for future trade and their subsequent geopolitical power that will accompany it.

Greece

Take a look at where the money is flowing and why.

When it comes to maritime…
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Russia And Nuclear Power

By EurasiaNet. Originally published at ValueWalk.

In an age where sources of renewable energy are becoming an increasingly cost-efficient means of providing electricity, Russia is still going nuclear.

Nuclear energy is losing its luster in many parts of the world. In the United States, the drop in the cost of renewables production is making them a more attractive electricity-generation option than nuclear power. France, a country long associated with nuclear power, is also looking to reduce its reliance on reactors. And even China is now investing more in developing wind farms than it is in nuclear infrastructure.

Russia Pakistan China

WikiImages / Pixabay

Russia, though, is bucking the trend. Nuclear energy accounts for 11 percent of domestic power production, while the share of wind and solar power generation remains negligible, according to Bloomberg New Energy Finance. Overall, more than 40 percent of Russian power is generated by natural gas. Meanwhile, hydropower is the main renewable source of power in Russia, responsible for a roughly 20-percent share of the overall mix.

Russia has taken steps in recent months to develop its wind power potential. But development efforts are hampered by legislation that requires at least 40 percent of all renewable-energy infrastructure to be locally produced. To meet the requirement, Russia needs to find a substantial amount of foreign investment.

In the realm of international trade, Russia is trying to turn its slow embrace of renewables into an advantage.

Rosatom, Russia’s state-owned nuclear company, is by far the most active player these days in the international market for nuclear power technologies. Rosatom currently has agreements to provide plants, fuel or expertise in 20 countries in the Middle East, Africa, Asia and Latin America. With the notable exception of the Barakah Atomic Energy Station in the United Arab Emirates, which is being built by the Korea Electric Power Corporation, Russia is the most heavily involved of any nuclear-exporting countries in developing nuclear power facilities in the Middle East.

Rosatom’s most recent move in the Middle East was a deal, sealed in late May, to construct Egypt’s first nuclear power plant, pending final approval by the Egyptian government. The pact is the latest of four bilateral agreements signed by Egypt and Russia concerning the nuclear power station at El Dabaa, approximately 200 miles west of Cairo on Egypt’s north coast. The first of…
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How the Government Conditions Citizens to Obey

Courtesy of ZeroHedge. View original post here.

Via The Daily Bell

Can you count how many ways the government manipulates people to be the type of citizen they can easily control?

I think that would be impossible to come up with an actual number when every facet of government is dedicated to shaping the citizen in ways contrary to his or her nature.

It ranges from tax credits for having kids to increased welfare for being a single mom; from subsidies for growing corn to mandates to eradicate invasive species. The government is changing citizens’ behavior with incentives and disincentives, which destroys the natural spontaneous order society would otherwise fall into.

The government has basically turned society into a pinball machine which bounces citizens from here to there, taking away control of their destiny. And then, they use their own coercion as an example of why we need more coercion: because people cannot control their own outcomes in life!

Governments and corporations alike know that the best way to mold a person is to start in childhood.

That is why children younger than 6 are being prescribed anti-depressants by the government health care system in Great Britain. Almost 200,000 prescriptions for antidepressants are handed out to children under 18 in Great Britain, almost 13,000 of which go to kids from 7-12 and over 600 go to children under 6 years old!


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Dear Market, I Think Janet Yellen Broke Up With You Last Week

Courtesy of ZeroHedge. View original post here.

Authored by Ben Hunt via Epsilon Theory blog,

Let’s review, shall we? Last fall, the Fed floated the trial balloon that they were thinking about ways to shrink their balance sheet. All very preliminary, of course, maybe years in the future. Then they started talking about doing this in 2018. Then they started talking about doing this maybe at the end of 2017. Two days ago, Yellen announced exactly how they intended to roll off trillions of dollars from the portfolio, and said that they would be starting “relatively soon”, which the market is taking to be September but could be as early as July.

Now what has happened in the real world to accelerate the Fed’s tightening agenda, and more to the point, a specific form of tightening that impacts markets more directly than any sort of interest rate hike? Did some sort of inflationary or stimulative fiscal policy emerge from the Trump-cleared DC swamp <sarc>? Umm … no. Was the real economy off to the races with sharp increases in CPI, consumer spending, and other measures of inflationary pressures? Umm … no. On the contrary, in fact.

Two things and two things only have changed in the real world since last fall. First, Donald Trump — a man every Fed Governor dislikes and mistrusts — is in the White House. Second, the job market has heated up to the point where it is — Yellen’s words — close to being unstable, and is — Yellen’s words — inevitably going to heat up still further.

What has happened (and apologies for the ten dollar words) is that the Fed’s reaction function has flipped 180 degrees since the Trump election. Today the Fed is looking for excuses to tighten monetary policy, not excuses to weaken. So long as the unemployment rate is on the cusp of “instability”, that’s the only thing that really matters to the Fed (for reasons discussed below). Every other data point, including a market sell-off or a flat yield curve or a bad CPI number — data points that used to be front and center in Fed thinking — is now in the backseat.

I’m not the only one saying this about the Fed’s reaction function. Far more influential Missionaries than me, people like Jeff Gundlach and Mohamed El-Erian, are saying the same thing.


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AerCap Holdings N.V. (AER): Opportunities In The Fixed Income Crossover Space

By VW Staff. Originally published at ValueWalk.

RP Investment Advisors (“RPIA”) is an investment manager focused on providing solutions in the global fixed income markets. Article by RP Investment Advisor via Capitalize For Kids

Founded in 2009 by former senior executives of RBC Capital Markets, RPIA manages money on behalf of pensions, foundations, endowments, and private wealth clients. RPIA is focused on generating positive, absolute returns from the global fixed income markets irrespective of the direction of interest rates or macro trends.

One important area of the fixed income market through which RPIA has achieved strong returns is the Crossover sub-space. Crossover bonds are a niche part of the market that is under-analyzed and where active managers with flexible mandates can uncover real value. Through in-depth credit analysis the team has uncovered crossover investments that offer attractive relative value with a strong catalyst for capital appreciation.

AerCap Holdings N.V. (AER)

What is the Crossover Sub-Sector?

In broad terms, the global universe of bond investors is bifurcated between investment grade (“IG”) investors and high yield (“HY”) managers. Bond market investors pay very close attention to the credit ratings assigned to issuers by Moody’s, S&P and Fitch rating agencies. The typical investor in IG bonds (for example, an insurance company) is constrained in their investment choices by an explicit set of investment restrictions that typically mean they can only invest in bonds that are sufficiently rated to be in the IG credit indices. In contrast, HY managers have more flexibility to invest in bonds of any rating, but given their target return they typically focus on lower rated HY securities that generate equity-like returns.

Crossover bonds are corporate bonds that have both an IG rating and an HY rating. This puts these securities in a grey area somewhere between the IG universe and the HY universe. As a result, Crossover securities often fall between the cracks and are not analyzed by the majority of fixed income investors.

AerCap Holdings N.V. (AER)

IG managers are prohibited from buying the securities because of their mandates, while HY investors don’t tend to focus on these securities because they are targeting a higher return and must focus on higher yielding and riskier securities. RPIA managed funds have more flexible investment mandates that permit them to invest in Crossover credits in order to take advantage of these market inefficiencies.

AerCap Holdings N.V. (AER)

A growing segment of the


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Schaeuble: “The Britons Were Endlessly Lied To And Deceived” On Brexit

Courtesy of ZeroHedge. View original post here.

For the embattled British Prime Minister Theresa May, the Brexit negotiation is rapidly turning into one of the circles of hell, with the British PM, desperate for some shred of consensus, suddenly finds herself making concessions left and right, and even as she refuses to be talked into a “soft Brexit” trap, with the tens of billions in obligations it would entail, she finds she may have no choice but to yield on many other topical issues, and that’s without even getting into who keeps control over euro clearing, or the appeals to the European Court of Justice. Making matters worse, in most cases May’s overtures are not enough, as Bloomberg reports, because when May  proposed to safeguard residency rights of European Union citizens currently living in the U.K., EU leaders offered a “tepid reception both in Europe and at home, with EU counterparts and London Mayor Sadiq Khan stressing that many issues remain unresolved.”

In short, as the BBC summarized today, “EU leaders says UK offer could ‘worsen situation‘”

Meanwhile, the European trolling continued, and nowhere more so than the country which as recently as a year ago was the UK’s closest continental ally, Germany.

Here, German Finance Minister Wolfgang Schaeuble said that British people were “endlessly lied to and deceived” in last year’s Brexit referendum campaign. The finance minister, speaking on the first anniversary of the Brexit vote, was scathing about the “leave” campaigners who persuaded a majority of voters to opt to quit the European Union.

“The Britons were endlessly lied to and deceived,” Schaeuble told a conference according to Reuters. When the Brexit campaigners “happened to be successful, the ones who did it ran away because they said they can’t take responsibility”. In the days after the vote, Prime Minister David Cameron, who called the referendum, resigned, and several prominent leave campaigners dropped out of the race to succeed him.

Schaeuble said the 70 years of growth and prosperity Europe had known since World War Two was not based on pure majoritarianism but on sustainable democratic models.

“(We need) not just mechanisms that consist of my promising something to a majority,” he said.

He concluded with a valid point: “Then you only have to look at the demographics to see


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How To Invest Like Sir John Templeton In 2017

By The Acquirer’s Multiple. Originally published at ValueWalk.

One of the most famous contrarian investors of all time was Sir John Templeton. Templeton was remembered for a number of famous quotes including:

“To buy when others are despondently selling and to sell when others are avidly buying requires the greatest of fortitude and pays the ultimate greatest reward.”

In the book, The Power of Failure: 27 Ways to Turn Life’s Setbacks Into Success, Charles Manz wrote a great piece on some of Templeton’s contrarian investments:

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Invest Sir John Templeton

Skitterphoto / Pixabay

Some of the notable examples of Templeton’s against-the-tide investments include Japan in the 1960s when people thought the Japanese market was a mess and it would be crazy to invest there, Ford Motor Company in the late 1970s when the future looked very bleak for the auto giant, and Peru in the mid-1980s when political tension gripped the country and money and the middle class were fleeing. He committed significant sums in each of these cases and just a few years later earned millions on these investments.

Templeton saw significant stock market drops, which sent others into panic selling, as golden opportunities to invest. The best time to buy is when everyone is selling, the price is low, and there is almost nowhere to go but up, was the logic he espoused. This perspective extends to many other difficulties beyond financial investing. When things have hit bottom in some aspect of our lives, we have an opportunity to rebuild, to try something new and fundamentally different, to make an investment when there is little left to lose and a lot to gain.

So how to you invest like Sir John Templeton in 2017?

Templeton was very gracious with sharing his investing strategy, he provided 16 Rules for
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Senate Judiciary Committee Opens Probe Into Loretta Lynch

Courtesy of ZeroHedge. View original post here.

As more Democrats have started to question why former Attorney General Loretta Lynch was never investigated for obstruction following a suspicious meeting with former President Bill Clinton, it appears the Senate Judiciary Committee has finally decided to act.

The Washington Times reported Friday that the committee has launched a formal investigation into Lynch’s attempts to shape the FBI’s probe into Hillary Clinton, and whether she mishandled classified information on her private email server.

According to the Times, the investigation has bipartisan support.

“Sen. Charles E. Grassley, chairman of the committee, said the investigation is bipartisan. The letter to Ms. Lynch is signed by ranking Democratic Sen. Dianne Feinstein and also by Sens. Lindsey Graham and Sheldon Whitehouse, the chairman and ranking member of the key investigative subcommittee.”

“Letters also went to Clinton campaign staffer Amanda Renteria and Leonard Benardo and Gail Scovell at the Open Society Foundations. Mr. Benardo was reportedly on an email chain from the then-head of the Democratic National Committee suggesting Ms. Lynch had given assurances to Ms. Renteria, the campaign staffer, that the Clinton probe wouldn’t “go too far.”

During testimony before the Senate Intelligence Committee, former FBI Director James Comey said his suspicions about Lynch’s cozy relationship with the Clintons prompted him to unilaterally announce the close of the Clinton investigation last summer. According to Comey, Lynch leaned on him to soften his language when discussing the investigation, asking him to refer to the probe as a “matter,” mirror language used by the campaign, instead of as “an investigation.”

Comey also said the suspicious meeting between Clinton and Lynch raised questions about her objectivity that could’ve compromised the bureau’s integrity.

LANKFORD: Then you made a comment earlier a the attorney general, the previous attorney general asking you about the investigation on the Clinton e-mails saying you were asked to not call it an investigation anymore. But call it a matter. You said that confused you. You can give us additional details on that?

COMEY: Well, it concerned me because we were at the point where we refused to confirm the existence as we typically do of an investigation for months. And was getting to a place where that looked silly because the campaigns we’re talking about interacting


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RBC: The Next Pain Trade Is Coming In 1-3 Months

Courtesy of ZeroHedge. View original post here.

With everyone suddenly back on the deflation (or un-reflation, or disinflation) bandwagon, is it possible that the crowd will once again be caught wrongfooted? According to RCB’s Charlie McElligott the answer, not surprisingly, is yes and in his latest market note, the cross-asset strategist says ignore the noise coming out of the Fed and focus on China instead. He explains why below:

SUMMARY:

I Further build the case for a tactical factor-reversal trade (1-3 month scope), where on account of a number of ‘higher rates’ macro catalysts and quant seasonality trends, I see scope for ‘Value’ and ‘Size’ to reverse their recent underperformance relative to ‘Anti-Beta,’ ‘Growth’ and ‘Momentum.’ 

The latest data-point strengthening my view on the trade is the positive impact that the past few weeks of PBoC liquidity injections are likely to have on the industrial metals complex, which in turn will further feed through to ‘inflation expectations’ as a POSITIVE driver, capable of arresting the recent breakdown there.  This in turn would act as a catalyst for higher rates which can ultimately inflect popular ‘slow-flation’ trade positioning.

COMMENTARY:

The case I’ve been making over the past few weeks + with regards to catalysts for ‘higher rates’ driving a tactical trading opportunity INTO ‘value’ and ‘size’ over the next 1-3 month window, in my humble view, continues to strengthen.

To revisit the thesis and catalysts for a reversal ‘higher’ in rates  how it would drive a reversal in the equity factor m/n leadership regime:

  • Consensual Narrative: ‘Slow-flation’ outlook (collapsing inflation expectations and downward US data trajectory) has now capitulated and nearing ‘all-in,’ driving potential for US rates to overshoot to the downside / risk of a reversal higher in US rates
  • Macro / Factor Relationship: Significant ‘positive convexity’ with ‘Value’ and ‘Size’ factors (the QTD- and YTD- worst performing 12m factor mkt neutral strategies I track) and ‘higher nominal interest rates.’  Conversely, there is significant negative sensitivity with ‘Anti-Beta’ (‘Low-Risk’)- and ‘Growth’- factors in the face of ‘higher rates’
  • Stretched Positioning: Crowded ‘Slow-flation’ narrative means crowded trades:  ‘risk-barbell’ approach from the long-side of + ‘Secular Growth’ and + ‘Defensives / Bond-Proxies’ against short / underweight ‘Cyclicals’ and ‘Small Caps’ popularity of positioning is being ‘proved out’ by factor / strategy performance data, and leaves it exposed to ‘tipping over’
  • Macro Seasonality: 1)


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US Oil Rig Count Rises For 23rd Straight Week But High Costs Drive Investors Out Of The Permian

Courtesy of ZeroHedge. View original post here.

The number of oil rigs in America has now risen for 23 straight weeks (and 50 of the last 52 weeks), up 11 to 758 in the last week – the highest since April 2015.

“It’s becoming bearish mania,” said Phil Flynn, senior market analyst at Price Futures Group Inc. in Chicago. “If we keep going down, we’re not going to be adding rigs in a few months, we’re not going to be adding production”

And we suspect, given the lagged reaction to prices, that inflection point in rig counts is close…

And the last chance for the week for the bulls just left…

US crude production (in the Lower 48) has been on a tear (with one brief interruption) tracking the lagged rise in rig counts almost perfectly…

And the rising rig count has been driven mainly by The Permian…

But as Oil & Gas 360 notes, high acreage costs beginning to affect economics in the Delaware, driving investors away from The Permian.

The Permian has enjoyed a rush of capital since oil prices began to recover from a low of $26.21 in February of last year.

The play is home to some of the best economics in the country, making it a prime target for E&P companies looking to maximize profit in a lower price environment. But the surge in land costs is leaving little room for new investors to profit.

The Delaware basin, the Permian’s hottest zone, is beginning to become a victim of its own success. EnerCom Analytics’ well economic models indicate that the internal rates of return (IRRs) in the Delaware are now lower than those seen in the Midland due to the high cost of land.

At $45 WTI, EnerCom’s well economics models show IRRs in the Midland of 22.8 percent compared to 21.5 percent in the Delaware when acreage costs are included in the equation. The cost per-acre in the Delaware is 65 percent higher than in the Midland at an average of $33,000 per acre.

(Click to enlarge)

Economics in every basin are expected to see pressure as oil prices remain in the low- to mid-$40 range and oilfield service providers, who are in high demand for well completions and drilling, look to increase their prices. Combined with the high premiums in the Permian, this


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ValueWalk

Greece - What Comes To Mind?

By Capitalist Exploits. Originally published at ValueWalk.

I warn you… I’ll get hate mail for this. I am a bad person.

Perhaps, I spent too much time in European cities because Athens and Greece in particular always failed to impress me.

Ok, they have a lot of crumbly buildings. But so do every other country in the region. Ephesus is more impressive than the Panthenon. The Colosseum more impressive than the Valley of the Temples.

And then there’s the food. It’s terrible. Leaves or cheese, sometimes both, double soaked in oil pretty much sums it up.

If you’re not into crumbling buildings, they offer the islands, which are quite nice, laid back, and fun with those little hilltop villages you see in the postcards, riddled with cobbled streets and fat ladies with missing teeth, smiling at you.

Unfortunately, all ...



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Zero Hedge

How the Government Conditions Citizens to Obey

Courtesy of ZeroHedge. View original post here.

Via The Daily Bell

Can you count how many ways the government manipulates people to be the type of citizen t...



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Phil's Favorites

Trump Made Calls to Two High Law Enforcement Officials with Jurisdiction to Investigate Him

Courtesy of Pam Martens.

Preet Bharara

Former FBI Director James Comey has testified to Congress that he was uncomfortable with the multiple contacts by the President. Comey was fired by Trump after declining to give a pledge of loyalty to the President. Now, official government emails have been released documenting that another top law enforcement official with jurisdiction to investigate Donald Trump and his business associates received “uncomfortable” contacts by the President and was then fired after declining to return a phone call.

Yesterday evening, Jason Leopold and Claudia Koerner, reporters for Buzzfeed, ...



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Insider Scoop

Marveling At Multi-Factor ETFs

Courtesy of Benzinga.

Related This Goldman ETF Keeps Growing Getting Smarter About Smart Beta Related ...

http://www.insidercow.com/ more from Insider

Digital Currencies

Bitcoin In Perspective: Bill Gates Worth More, Gold 200 Times More

Courtesy of Mike Shedlock, MishTalk

An interesting article on HowMuch puts the Bitcoin phenomenon into proper perspective.

Google founder Larry Page’s net worth beats bitcoin’s entire market cap. Microsoft founder Bill Gates’s net worth is double Bitcoin.

Please consider The Bitcoin Economy, in Perspective.

Last year, Bitcoin became more stable than gold, and earlier this year, the price of a Bitcoin surpassed that of an ounce of gold for the first time. Currently, all the bitcoin in the world is ...



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Chart School

Crude oil how low will it go? - Update

Courtesy of Read the Ticker.

The most recent price action in crude suggests that those that were long have re adjusted their positions for a downswing.

In our previous post our lower targets are:

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Notice how the current price action in crude has been seen before a plunge in price.


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Why is this happening?

Short answer, to...

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Biotech

Even though genetic information is available, doctors may be ignoring important clinical clues

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

Even though genetic information is available, doctors may be ignoring important clinical clues

Courtesy of Greg HallCase Western Reserve University

Digitized strand of DNA. Mathagraphics/From www.shutterstock.com

With the availability of home genetic testing kits from companies such as “23andMe” and “Ancestry DNA,” more peo...



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OpTrader

Swing trading portfolio - week of June 19th, 2017

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

 

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

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

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

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



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Mapping The Market

Frontier laid off state Senate president after broadband vote it didn't like

Courtesy of Jean-Luc

Speaking of FTR – not nice people…

Frontier laid off state Senate president after broadband vote it didn’t like

By Arstechnica.com

Broadband provider Frontier Communications recently laid off the West Virginia state Senate president after a vote the company didn't like—and yes, you read that correctly.

West Virginia does not have a full-time legislature, and state lawmakers can supplement their part-time government salaries ($20,000 a year,&...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

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Members' Corner

Robert Sapolsky: The biology of our best and worst selves

Interesting discussion of what affects our behavior. 

Description: "How can humans be so compassionate and altruistic — and also so brutal and violent? To understand why we do what we do, neuroscientist Robert Sapolsky looks at extreme context, examining actions on timescales from seconds to millions of years before they occurred. In this fascinating talk, he shares his cutting edge research into the biology that drives our worst and best behaviors."

Robert Sapolsky: The biology of our best and worst selves

Filmed April 2017 at TED 2017

 

p.s. Roger (on Facebook) saw this talk and recommends the book ...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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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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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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