Archive for the ‘Permissions’ Category

October Comex Gold “Deliveries”

Courtesy of ZeroHedge. View original post here.

Hold your real assets outside of the banking system in one of many private international facilities  --> 

October Comex Gold “Deliveries”

As we’ve been monitoring all year, the total amount of gold allegedly “delivered” through the Comex has soared in 2016. This is simply another anecdotal datapoint of gold demand but the trend is certainly noteworthy, particularly when you see the numbers thus far in October.

We’ve already written about this trend several times this year. Our most recent article is linked below and I strongly encourage you to read this post as a refresher before you continue.

As noted in the post above, 2016 has seen a very unusual “delivery” pattern for gold on the Comex. Consistent with surging open interest and surging demand for gold in all its forms around the world, “deliveries” of gold through the Comex have increased as well. However, when you compare “deliveries” for 2016 versus 2015, you’ll notice that the divergence and increase didn’t really begin in earnest until June if this year. See below:

As you can see, for the first six months of 2015, the amount of Comex gold “deliveries” totaled 4,149 for 414,900 ounces or about 13 metric tonnes. Through May of 2016, total Comex gold “deliveries” were 9,683 for 968,300 or about 30 metric tonnes. As you can quickly do the math, this is over a 2X increase and certainly noteworthy on its own merit.

However, beginning with the “delivery month” of June, Comex gold “deliveries” began to explode at a startling pace. Check the charts above again and note the totals over the past four months. For the period June-September 2015, total Comex gold “deliveries” were 8,832 for 883,200 ounces or about 27.5 metric tonnes. For the same period this year, total Comex gold “deliveries” totaled 39,646 for 3,964,600 ounces or about 123.5 mts. This is about 4.5X times the

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A Realist’s View Of The US Presidential Contest

Courtesy of ZeroHedge. View original post here.

Submitted by Eric Zuesse via,

Because the viewpoint expressed here will be a controversial one not frequently expressed or encountered, links are provided in order to enable the reader quickly to access the documentation wherever a particular allegation might seem to be dubious on the basis of false assertions that any particular reader might have read elsewhere; but, otherwise, the links that are provided here are intended to be simply ignored, especially because so many of the allegations here are highly contentious and therefore require providing ready access to the documentation (and because no reader should waste his time to read documentation at a linked item that the reader already believes to be true):

The rape-allegations that have been raised recently against Donald Trump, turned the US Presidential contest so drastically, that a Hillary Clinton victory now appears to be all but certain. Morning Consult headlined on October 18th“Donald Trump Has a Growing Problem With Men”, and reported: “Before the first debate, Trump led his Democratic counterpart, Hillary Clinton, by 8 points among men in a Morning Consult survey of likely voters. After the second debate and nine women making sexual assault allegations against Trump, those numbers have nearly flipped: Clinton now leads Trump among men by 6 points.”

That’s a 14% swing away from Trump, among half of the electorate, during a time-interval extending from 24 September to 15 October — 21 days — with only 22 days left until voting ends (hardly enough time to reverse that plunge and then to rise into the lead). Rape allegations couldn’t get Bill Clinton forced out of office, but they likely will force Hillary Clinton into office. Future historians might say that the biggest issue in the 2016 US Presidential contest was rape — more important to voters than the economy, the wars, the income-stagnation of the bottom 99%, trade-policy, criminal-justice reform, or any other public-policy issue. But, if this turns out to be so, then is America at all a functioning democracy? Might it instead be a sick society, whose values are so out-of-kilter, so plainly stupid, that it fits more the stereotype of a backward culture, than of a successful and forward-looking one?

Some of the issues that are actually at stake in this election — especially nuclear war — could quickly end all civilization as we know it; but the voters’ main issue seems instead to

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Over 60% Of Americans Fear “Corruption Of Government Officials” Above Anything Else

Courtesy of ZeroHedge. View original post here.

“Global warming”? “Obamacare”? “Terrorism”? all rank in the Top 10 fears for Americans. While ‘creepy clowns’ are all the rage, according to the Chapman University Survey of American Fears, corruption of government officials is the top fear among U.S. adults this year.

This chart shows the % of Americans who reported being “afraid” or “very afraid” of the following…

Infographic: Americans' Top Fears In 2016 | Statista

You will find more statistics at Statista

Just don’t tell the mainstream media.. because that would be threatening the very core of America’s democracy… or some such bullshit.

Looming Banking Crisis?

Courtesy of Mish.

Andy Duncan of interviewed Claudio Grass, managing director of Global Gold in Switzerland. Below is a transcript excerpting the main parts of the first section of the interview on the problems in the European banking system and what measures might be taken if push were to come to shove.

What follows is a guest post by Pater Tenebrarum at the Acting Man blog.

A Looming Banking Crisis – Is a Perfect Storm About to Hit?


Andy Duncan: How do you see the current situation in banking particularly in Europe?

Claudio Grass: One interesting indicator is that today in certain countries not bankers are making the highest average salaries any longer , they have been replaced with government servants. Overall I would say it is bad, but that was predictable. The system and the assumptions the whole sector is operating under are just not sustainable, and printing money out of thin air does not create wealth; on the contrary, it is destroying capital.

All state interventions have backfired and current monetary policy with low / negative interest rates is putting insupportable pressure on the banks. Bad actors have been allowed to get away with reckless and catastrophic positions for too long. The history of bailouts has sent the message that such actions don’t really have consequences, and therefore my understanding is that moral hazard and risk linked to it have increased.

Andy Duncan: Do you think we ever actually got out of the 2008 crisis or do you think that this money printing and quantitative easing over the last eight years has just been keeping that crisis on ice? And is what we are seeing now just the crisis trying to reemerge again?

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The United States Of Refugees

Courtesy of ZeroHedge. View original post here.

Submitted by Ben Christopher via,

Consider the state of Nebraska. What comes to mind?

Common associations with the Cornhusker state include: row crops, silos, college football, Warren Buffet, and wholesome, earnest Americana.

Now try this one: Refugee Capital of the United States.

So far this year, the City of Omaha has settled over 900 people fleeing war, persecution, and disaster around the world. That may be a small figure relative to the estimated 21.3 million refugees worldwide (or relative to the population of Omaha, for that matter, which is roughly 434,000). But it’s still higher than the number of refugees resettled in Los Angeles and New York City combined.

That disproportionate hospitality extends across the entire state, where over 1,300 refugees have found new homes this year. That may not be much compared to the resettlement statistics in larger states, like California, Texas, and New York. But given Nebraska’s population of fewer than 2 million, on a per person basis, this makes the state the most welcoming of refugees in the nation. For every 100,000 residents, Nebraska resettled roughly 71 refugees in 2016. By the same measure, California welcomed fewer than 18.

If these figures don’t jibe with your understanding of where refugees live in the United States, that might be because you’ve been following this year’s presidential election. When Donald Trump claims that we “have no documentation” about the “Trojan horse” refugees who live in this country, and when Republican governors across the country insist that they will not abide Syrian refugees resettling within their borders, they not only raise suspicions about some of the world’s most vulnerable people, they fundamentally mischaracterize what may be the most complex human relocation system on the planet.

This is a system in which international, federal, and charitable organizations all work together to bring more refugees to the United States than any other country—and which places more of them in Boise, Idaho; Des Moines, Iowa; and Bowling Green, Kentucky; than in New York City.  

How does this system work and how did we get to this point?

Somalis in the Buckeye State

If you’re looking to answer these questions, a good starting point might be Columbus, Ohio.

Over the last two decades, the city has become one of the most popular

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Former Haitian Senate President Calls Clintons “Common Thieves Who Should Be In Jail”

Courtesy of ZeroHedge. View original post here.

Despite repeatedly bragging about all the good work the Clinton Foundation did to help Haiti recover from the devastating 2010 earthquake, at least one Haitian, former Senate President Bernard Sansaricq, thinks it was the Clintons, not the Hiatian people, who benefitted most from the Foundation’s “charitable work” in Haiti.  Appearing on a radio show last week, Sansaricq offered a scathing assessment of the Clinton’s track record in Haiti saying they are “nothing but common thieves…and they should be in jail.”  Per PJ Media:

Sandy Rios of American Family Radio interviewed former Haitian Senate President Bernard Sansaricq on Thursday, and the enraged Haitian had nothing good to say about the Clintons. He angrily claimed that they brought their “pay to play” politics to Haiti at the expense of the Haitian people.

Sansaricq said that the Clinton Foundation received 14.3 billion dollars in donation money to help with the relief effort. President Obama and UN Secretary General Ban Ki-moon put the Clinton Foundation in charge of the reconstruction, but Haiti has seen no help. The money all went to friends of Bill Clinton.

“They are nothing but common thieves,” the enraged Sansaricq told Rios. “And they should be in jail.”

As also highlighted in the movie “Clinton Cash,” Sansaricq argued that the Clinton’s did nothing more than bring their pay-to-play tactics to Haiti resulting in the enrichment of Clinton cronies, including Hillary’s brother Anthony Rodham, whose company was awarded a lucrative gold mining contract.

Sansaricq said although Bill Clinton was put in charge of the reconstruction, he did absolutely nothing but give contracts to his cronies and built a sweatshop next to a goldmine that was given to Hillary Clinton’s brother, Anthony Rodham, in violation of the Haitian constitution.

He said he could go on for hours about the Clinton Foundation’s destruction of the rice production in Haiti because they were importing rice from Clinton’s cronies in Arkansas. And rice is something Haiti could really use right now.

The Clintons also awarded the country’s only cell phone company to another crony, Denis O’Brien, using taxpayer dollars. O’Brien has made 265 million dollars, and a substantial portion of that  has gone back to the Clinton Foundation.

Of course, these claims are hard

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‘Philanthropist’ George Soros Set To Make A Killing From Europe’s ‘Forced Migration’

Courtesy of ZeroHedge. View original post here.

Authored by Sam Gerrans, originally posted op-ed via,

The philanthropist George Soros recently published a letter in the Wall Street Journal entitled, ‘Why I’m Investing 500 million USD in Migrants’. In this article, I will be looking at that letter and separating what it means from what it appears to say.

Soros’ letter begins: “The world has been unsettled by a surge in forced migration. Tens of millions of people are on the move, fleeing their home countries in search of a better life abroad. Some are escaping civil war or an oppressive regime; others are forced out by extreme poverty, lured by the possibility of economic advancement for themselves and their families.”

This is quite true. And Soros should know since his think tank is fully on board with that “forced migration”. He has either initiated it or facilitated it and, according to Viktor Orban, Prime Minister of Hungary (which is presently holding a referendum on whether to accept migrant quotas as demanded by the EU), as quoted by Bloomberg: “His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional European lifestyle […] These activists who support immigrants inadvertently become part of this international human-smuggling network.”

Soros-backed activists are at the center of that network.

Soros continues: “Our collective failure to develop and implement effective policies to handle the increased flow has contributed greatly to human misery and political instability—both in countries people are fleeing and in the countries that host them, willingly or not. Migrants are often forced into lives of idle despair, while host countries fail to reap the proven benefit that greater integration could bring.”

I have touched on Soros’ psychological peculiarities elsewhere; his narcissistic traits notwithstanding, I shall assume he is not using the royal “we”. That granted, about whom is he speaking when he talks of “Our collective failure to develop and implement effective policies”? If about governments, we should remember that he is elected to no nation’s government, nor has he ever been.

That does not prevent him, however, from meddling in their internal affairs and supporting insurrections such as so-called Color Revolutions, including in Georgia and Ukraine, and whipping up chaos via BLM in the US.

He also famously 

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New Reuters Poll Shows That 70% Of Republicans Think The Election Is Rigged

Courtesy of ZeroHedge. View original post here.

This morning, Julian Assange offered a chilling and succinct assessment of the 2016 U.S. election, namely, that there is, in fact, no election but rather just an illusion of democracy that has been usurped by a corrupt political ruling class.

There is no US election. There is power consolidation. Rigged primary, rigged media and rigged ‘pied piper’ candidate drive consolidation.

— WikiLeaks (@wikileaks) October 21, 2016

Only half of Republicans would accept Clinton, the Democratic nominee, as their president. And if she wins, nearly 70 percent said it would be because of illegal voting or vote rigging, according to a Reuters/Ipsos poll released on Friday.

Conversely, seven out of 10 Democrats said they would accept a Trump victory and less than 50 percent would attribute it to illegal voting or vote rigging, the poll showed.

For example, nearly eight out of 10 Republicans are concerned about the accuracy of the final vote count. And though generally they believe they will be able to cast their ballot, only six out of 10 are confident their vote will be counted accurately.

Obviously, this data is fairly alarming, to say the least, but not terribly surprising in light of the staggering, systemic corruption recently exposed through WikiLeaks and the ongoing Congressional review of the FBI’s investigation into Hillary’s private email server…not mention DNC operatives openly talking about committing massive election fraud on undercover Project Veritas videos and working behind the scenes to incite violence at Republican rallies.  For those of you who still haven’t seen the videos, they’re worth a look.

The following video takes a look behind the scenes of the DNC’s efforts to incite violence at Trump rallies:

And this one provides an excellent tutorial on how to commit voter fraud on a massive scale:

Given the exposure of mass corruption it should hardly be surprising that the “level of concern and mistrust in the system, especially among Republicans, is unprecedented,” as a professor at the University of New Mexico told Reuters, but apparently it is.

“Republicans are just more worried about everything than Democrats,” said Lonna Atkeson, a professor at the University of New Mexico and head of the Center for the Study of Voting, Elections,

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“Make A Wish List” Russia Tells Duterte, As New Asian Axis Forms

Courtesy of ZeroHedge. View original post here.

Yesterday, when Philippine president Duterte finally took the plunge to announce his “separation”  from the US (even if his government has backtracked somewhat today), he said that not only would he “realign” himself in China’s ideological flow but, in a nuance that was missed by many, said that “I will also go to Russia to talk to (President Vladimir) Putin and tell him that there are three of us against the world – China, Philippines and Russia. It’s the only way.”

To be sure, an offical axis between China, Russia and a nation that until recently was a core US ally in the Pacific Rim – whose loss would be a huge slap in the face of Obama and whoever replaced him as president – would be music to Putin’s ears, which is why just minutes after Philippine president announced his stunning separation from the US, Russia’s ambassador to the country promptly said Moscow is ready to provide assistance to and fully cooperate with Manila.

“Formulate your wish list. What kind of assistance do you expect from Russia and we will be ready to sit down with you and discuss what can and should be done,” Russian Ambassador Igor Khovaev told GMA News on Friday. He then went on to state that Russia is open to working with the Philippines in “any area, any field of possible cooperation.”

The ambassador assured the news outlet that Moscow would not “interfere with the domestic affairs of a sovereign state,” and that the “true Russia” is much different than the one portrayed in Hollywood films. Khovaev added that the Philippines and Russia “deserve to know each other much, much better.”

The aggresive, if diplomatic brownnosing continued, when the ambassador also said that Duterte impressed Russian Prime Minister Dmitry Medvedev during a meeting in Laos last month, and that Moscow supports the leader’s fight against illegal drugs and criminality. In short, he said everything that Durterte wanted to hear just to make sure the Chinese-Russian-Philippino axis takes hold.

For its part, the Philippines’ budget minister announced that his country is open to all forms of assistance, but will choose what is in the “best interest of the country,” Reuters reported. This could also include yet another U-turn, and prompt return to the safety of

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‘Rigged’ Debates? Questions Arise Again Over Lighted Screen At Hillary’s Podium

Courtesy of ZeroHedge. View original post here.

After the first debate, numerous videos surfaced alleging that Hillary was using some sort of teleprompter built into her podium to assist with answering questions or to offset whatever medical condition she’s dealing with.  The videos were largely dismissed as “cooky alt-right conspiracy theories” and didn’t get much attention outside of those spheres. 

But, when similar abnormalities surfaced on Hillary’s podium in the third debate, combined with the fact that she spent an awkward amount of time during her answers peering down rather than at the camera, we grew a bit more curious.

With that said, here is a video analyzing the abnormalities from debate 1.  Notice that around 18 seconds into this video one can very clearly see a light shut off on Hillary’s podium even though there is no such light at Trump’s podium.

But, you don’t have to take that guy’s word for it.  Here is the actual debate footage from forward to the 1:38:30 mark at the very end of this video and you can see the exact same phenomenon.

And here is a screen capture from the end of the debate.  Notice there is a light on Hillary’s podium while Trump’s is completely dark.

Clinton Podium

But where things get really interesting is that the exact same phenomenon occurred at debate 3 this week as pointed out by the following video posted by Anonymous. 

Again, as you can see, there seems to be a light on Hillary’s podium…

Hillary Podium

…but none at Trump’s.

Trump Podium

And here is one more angle…

Hillary Podium

And the two together…

Hillary Podium

But again, no need to take our word for it as you can simply scan through the full debate footage posted by USA Today and see the phenomenon for yourself.  Also note that, at numerous points while answering questions throughout the debate, Hillary seems to be looking down at her podium for extended periods of time rather than at the camera…to the point that it was actually awkward for people watching the debate live.

Don’t believe it?  In the following video, fast forward to the 42:25 mark and watch Hillary’s eyes as she responds to the question…where is she looking? 

Now, recall that debate 2 was structured as a town hall discussion so this type of cheating

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Zero Hedge

October Comex Gold "Deliveries"

Courtesy of ZeroHedge. View original post here.

Hold your real assets outside of the banking system in one of many private international facilities  -->    ...

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Phil's Favorites

Looming Banking Crisis?

Courtesy of Mish.

Andy Duncan of interviewed Claudio Grass, managing director of Global Gold in Switzerland. Below is a transcript excerpting the main parts of the first section of the interview on the problems in the European banking system and what measures might be taken if push were to come to shove.

What follows is a guest post by Pater Tenebrarum at the Acting Man blog.

A Looming Banking Crisis – Is a Perfect Storm About to Hit?

Andy Duncan: How do you see the current situation in banking particularly in Europe?

Claudio Grass: One interesting indicator is that today in cert...

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Blind Capital

By BroyHill. Originally published at ValueWalk.

According to Morningstar, the average US equity manager, has underperformed the S&P 500 Index over the past one, three and five years. Given investors natural tendency to chase what’s working, and ditch what’s not, “the death of active management” is becoming a popular consensus sentiment.

Before writing off active management and jumping on the index fund bandwagon, investors would be well served to pause and reflect.  Might this be a cyclical phenomenon?  If so, when have we seen this in the past?  And most importantly, how did it play out last time?  Spoiler alert: yes, this is cyclical; yes, we have seen this in the past; no, it didn’t turn out so hot for overvalued indices overweighted in overvalued large caps.

Ed Chancellor’s ...

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Market News

News You Can Use From Phil's Stock World


Financial Markets and Economy

Crude Rally May Clinch Top Stock Market Status for Canada in ’16 (Bloomberg)

Gold’s best run since 2010 pushed Canadian equities to the top spot among developed-market stocks this year. Fifty dollar crude will give them an opportunity to stay there.

Would Cutting Corporate Tax Rates Really Grow the Economy? (The Atlantic)

One of the things Hillary Clinton and Donald Trump disagree most strongly about is how to stimulate the economy. Donald Trump has one idea that conservative economist...

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Kimble Charting Solutions

Bio-Tech; In more trouble if this fails, says Joe Friday

Courtesy of Chris Kimble.

At one point in time, actually for years, Bio-Tech (IBB) was a market leader. From the 2009 lows to 2015, IBB out gained the S&P by more than 250%. Since the summer of 2015, Bio Tech has remained a leader, a “downside leader!” IBB has lagged the S&P by over 35% in the past 15-months.

Is the downside leadership over for IBB? Below updates the pattern on IBB


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Chart School

Mini-Bearish Wedges in Lead Markets

Courtesy of Declan.

The last few days have seen little movement in key markets. The one potential development to look to resolve tomorrow or Monday are rising wedges in certain markets. The advantage bulls have is that if markets can push above wedge highs (which are close), shorts will be squeezed in a buying scramble.

The S&P has a created a small, rising wedge off a larger rising wedge from September. The 20-day and 50-day MAs lend additional overhead resistance as does higher volume distribution for the index today (although the trading range for the day was very narrow).


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Members' Corner

The Orlando Massacre Part 3

Courtesy of Nattering Naybob.

A continuation of a Naybob of IT's Natterings from Part 1 and Part 2...

While many Christian churches expressed grief and offered free funeral services for the victims of the Orlando shooting, the fundamentalist Westboro Baptist Church held an anti-gay protest during the funeral of the victims.

But the Westboro Baptist Church's protest rally was blocked by about 200 people who formed a human barricade on the main street in downtown Orlando, ...

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Swing trading portfolio - week of October 17th, 2016

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


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

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

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

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

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Mapping The Market

The Most Overlooked Trait of Investing Success

Via Jean-Luc

Good article on investing success:

The Most Overlooked Trait of Investing Success

By Morgan Housel

There is a reason no Berkshire Hathaway investor chides Buffett when the company has a bad quarter. It’s because Buffett has so thoroughly convinced his investors that it’s pointless to try to navigate around 90-day intervals. He’s done that by writing incredibly lucid letters to investors for the last 50 years, communicating in easy-to-understand language at annual meetings, and speaking on TV in ways that someone with no investing experience can grasp.

Yes, Buffett runs an amazing investment company. But he also runs an amazing investor company. One of the most underappreciated part of his s...

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Digital Currencies

Gold, Silver and Blockchain - Fintech Solutions To Negative Rates, Bail-ins, Currency Debasement and Cashless

Courtesy of ZeroHedge. View original post here.

By Jan Skoyles

I was so pleased yesterday by the announcement that I have joined the Research team at GoldCore as it meant that I could finally start talking about it and was back in a role that lets me indulge in my passion by researching and geeking out on all things gold, silver and money.


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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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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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PSW is more than just stock talk!


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

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

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

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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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