Guest View
User: Pass: | become a member
Archive for the ‘Immediately available to public’ Category

America’s Pension Problem: Gordon Long Interview of Mish

Courtesy of Mish.

I had the pleasure of being interviewed one again by Gordon Long as part of his financial repression series. The topic of this interview was “America’s Pension Problem“.

Interview

Synopsis – By Gordon Long – Edited by Me

Mish Shedlock talks about the magnitude of the mounting Pension Problem in America and uses his home state of Illinois as a prime example. According to a State Budget Solutions, last year’s state unfunded pensions reached an all-time high of $4.7 trillion. This funding gap state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013. Overall, the combined plans’ funded status has dipped three percentage points to 36%. Split among all Americans, the unfunded liability is over $15,000 per person.

Pending Pension Crisis

“Illinois Pension’s in general are 39% funded. This is after this massive rally we have had since 2009 in financial assets. Some of the worst ones are only about 20% funded.”

“Various cities in Illinois have problems, Chicago being one of them. The City of Chicago has a huge pension crisis right now. We have things in Illinois like “Home Rule Taxes” where cities can levy their own taxes in addition to the state. That is why we have varying sales tax that range anywhere from 6.25% to 10%, depending on locality.”

“I have been working with the Illinois Policy Institute on pension and bankruptcy issues. There are a number of cities in Illinois that are ready to file bankruptcy. The problem is they can’t file bankruptcy because the state doesn’t allow it.”

“The fundamental problem is they have made more promises than they can possibly keep”

Gaming the System

The problem is “you have police and fire workers who can retire after 20 years and collect up to 70% of their earnings based on the 5 highest years salaries. We see a lot of pension spiking in the last few years where for example police work overtime (which counts towards their best five years) so these workers stand to collect far more in retirement (total years in retirement) than they actually ever made while working (total years worked)….



Continue Here





Ron Paul Tells Obama: “It’s Time To Try Something New”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity,

Last week two prominent Ukrainian opposition figures were gunned down in broad daylight. They join as many as ten others who have been killed or committed suicide under suspicious circumstances just this year. These individuals have one important thing in common: they were either part of or friendly with the Yanukovych government, which a US-backed coup overthrew last year. They include members of the Ukrainian parliament and former chief editors of major opposition newspapers.
 
While some journalists here in the US have started to notice the strange series of opposition killings in Ukraine, the US government has yet to say a word.
 
Compare this to the US reaction when a single opposition figure was killed in Russia earlier this year. Boris Nemtsov was a member of a minor political party that was not even represented in the Russian parliament. Nevertheless the US government immediately demanded that Russia conduct a thorough investigation of his murder, suggesting the killers had a political motive.
 
As news of the Russian killing broke, Chairman of the House Foreign Affairs Committee Ed Royce (R-CA) did not wait for evidence to blame the killing on Russian president Vladimir Putin. On the very day of Nemtsov’s murder, Royce told the US media that, “this shocking murder is the latest assault on those who dare to oppose the Putin regime.”
 
Neither Royce, nor Secretary of State John Kerry, nor President Obama, nor any US government figure has said a word about the series of apparently political murders in Ukraine.
 
On the contrary, instead of questioning the state of democracy in what looks like a lawless Ukraine, the Administration is sending in the US military to help train Ukrainian troops!
 
Last week, just as the two political murders were taking place, the US 173rd Airborne Brigade landed in Ukraine to begin training Ukrainian national guard forces – and to leave behind some useful military equipment. Though the civil unrest continues in Ukraine, the US military is assisting one side in the conflict – even as the US slaps sanctions on Russia over accusations it is helping out the other side!
 
As the ceasefire continues to hold, though shakily, what kind of message does it send to the US-backed government in Kiev to have US troops arrive
continue reading





“Too Many Zeros”: China’s Stock Bubble Proves Too Much For Computers

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

With economic growth decelerating markedly and with capital flowing the wrong way for four consecutive quarters (to the tune of $300 billion), China needs its margin-fueled equity mania to continue in order to distract everyone from the fact that the fundamental picture is, to quote Bloomberg metals analyst Kenneth Hoffman who recently visited the country, “a lot worse than you think.” The PBoC looks set to step up their easing efforts in an attempt to keep the music playing as evidenced by last weekend’s RRR cut and indeed the rumor now seems to be that the central bank will conduct ECB-style LTROs to ensure a new plan to (essentially) bailout deeply indebted local governments doesn’t end up working at cross purposes with efforts to keep liquidity flowing. 

Meanwhile, southbound flows (i.e. money flowing from the mainland into Hong Kong shares on the back of new regulations in China that allow mutual funds to invest in Hong Kong-listed equities) hit $10 billion in Q1 while the pace of new stock trading account creation has continued to accelerate with data from the China Securities Depository and Clearing Co. showing more than 3 million new accounts were opened in the first two weeks of April alone. This helped shares of Hong Kong Exchanges & Clearing to go “interstellar” last week as analysts and investors alike are betting that record turnover portends big gains ahead for the exchange operator with Citi looking for EPS gains of over 40% over the next two years. 

As we noted on Thursday, Citi also believes we may be only halfway to peak mania because even though daily turnover is at unprecedented levels in absolute terms, it rose 10 fold from 2006-2007 and has “only” managed a 5X move this time around. 

Meanwhile, on the mainland, turnover associated with the country’s self-driven stock frenzy has now propelled the Shanghai Exchange to the top spot worldwide in terms of volume and in fact, turnover was so high on Monday at 1 trillion yuan, that the exchange’s software was incapable of reporting it. Here’s Reuters:

The exchange’s trading turnover exceeded 1 trillion yuan ($161.28 billion) for the first time on Monday, but the data could not be properly displayed because its software was not designed to report numbers that high.


continue reading





Noam Chomsky: “The Idea Of A Media Which Does Not Repeat US Propaganda Is Intolerable To American Leaders”

Courtesy of ZeroHedge. View original post here.

Few individuals polarize the public with their opinions, statements and mere presence, like Noam Chomsky. The 86 year old linguist, philosopher, cognitive scientist, logician, political commentator, social justice activist, and anarcho-syndicalist advocate, has strong opinions (and in some cases, entire schools of thought) on everything from philosophy, to sociology, to linguistics, but he is perhaps best known in recent years for his political activism which has led to death threats due to his staunch and far-reaching criticism of US foreign policy (allegedly the Anti-Defamation League "spied on" Chomsky's appearances).

His broader outlook is a peculiar version of libertarianism (he describes himself as an anacrho-syndicalist), in which he asserts that authority is inherently illegitimate, and that the burden of proof is on those in authority. If this burden can't be met, the authority in question should be dismantled. Authority for its own sake is inherently unjustified. He contends that there is little moral difference between chattel slavery and renting one's self to an owner or "wage slavery." He holds that workers should own and control their workplace. 

He is has also repeatedly stated his opposition to ruling elites, among them institutions like the IMF, World Bank, and GATT.

In other words, the present, in which ruling elites (whether the BIS and "Troika) and ubiquitous US intervention in every possible foreign affair (courtesy of a State Department which, as it has now been revealed, had until recently worked on behalf of the highest foreign bidder) determine the fate of the entire world, should provide Chomsky with endless material for contemplation.

Conveniently, overnight we got a glimpse into his current thought process, courtesy of the following extended interview conducted by RT with the famed linguist and anti-establishmentarian, in which topics such as the "weaponization" of media and information, America's paradoxical propaganda machine, the immunity of the US from the set of rules it creates for everyone else (but itself), and America's conversion from a democracy into a plutocracy, as well as many more, are touched upon.

Whether one agrees or disagrees with Chomsky, he always provides a unique and interesting perspective on current (and future) events.

From RT:

While the International Criminal…
continue reading





Chinese Economic Outlook “Skewed Heavily To The Downside,” BNP Says

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Over the past several months we’ve built on several narratives out of China certainly not the least of which is the idea that economic growth in the country is decelerating quickly at a time when accelerating capital outflows make devaluation an unpalatable (if inevitable) proposition. Signs of a dramatic slowdown were on full display earlier this month when GDP growth slipped to 7%, the slowest pace in six years, while key indicators such as rail freight volume have fallen completely off a cliff:

With the country’s tough transition to a service-based economy being made all the more difficult by the hit industrial production will likely take as Beijing ramps up efforts to fight a pollution problem that was thrust back into the spotlight early last month thanks to a viral documentary, it’s reasonable to suspect we’ll be seeing a lot more of the idle cranes, empty construction sites, and half-finished abandoned buildings that greeted Bloomberg metals analyst Kenneth Hoffman who returned from a tour of the country earlier this month. Ultimately, Hoffman’s assessment was that metals demand in China is collapsing and isn’t likely to pick back up for the foreseeable future. 

This is bad news for the Chinese economic machine and it’s also bad news for any iron ore miner out there whose marginal costs aren’t low enough to stay profitable in the face of a protracted downturn in prices because if you can’t convince the big guys that your price collusion idea will pass regulatory muster, well, they’ll likely take the opportunity to keep right on producing despite the slump and run you out of business. With the stage thus set, we bring you the following from BNP who explains why iron ore prices aren’t likely to rebound any time soon, and why the economic outlook for China is indeed “as bad as the data looks, if not worse” (to quote Mr. Hoffman).

Via BNP:

Global commodity prices have fallen sharply since last summer, dragged down by a cocktail of fading Chinese industrial demand, surging supply and a strong USD. Oil has inevitably garnered the majority of headlines but iron ore prices have fallen even further. Iron ore prices have collapsed by close to 50% since last July and over 65% since the beginning of 2014. Falls have accelerated


continue reading





Another Reason To Move Away From California: “Conditions Are Like A Third-World Country”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by Michael Snyder via The Economic Collapse blog,

As if anyone actually needed another reason to move out of the crazy state of California, now it is being reported that conditions in some areas of the state “are like a third-world country” due to the multi-year megadrought that has hit the state.  In one California county alone, more than 1,000 wells have gone dry as the groundwater has disappeared.  The state is turning back into a desert, and an increasing number of homes no longer have any water coming out of their taps or showerheads. 

So if you weren’t scared away by the wildfires, mudslides, high taxes, crime, gang violence, traffic, insane political correctness, the nightmarish business environment or the constant threat of “the big one” reducing your home to a pile of rubble, perhaps the fact that much of the state could soon be facing Dust Bowl conditions may finally convince you to pack up and leave.  And if you do decide to go, you won’t be alone.  Millions of Californians have fled the state in recent years, and this water crisis could soon spark the greatest migration out of the state that we have ever seen.

Back in 1972, Albert Hammond released a song entitled “It Never Rains In Southern California“, and back then that was considered to be a good thing.

But today, years of very little rain are really starting to take a toll.  In fact, one government official says that conditions in Tulare Country “are like a third-world country”

Near California’s Success Lake, more than 1,000 water wells have failed. Farmers are spending $750,000 to drill 1,800 feet down to keep fields from going fallow. Makeshift showers have sprouted near the church parking lot.

The conditions are like a third-world country,” said Andrew Lockman, a manager at the Office of Emergency Services in Tulare County, in the heart of the state’s agricultural Central Valley about 175 miles (282 kilometers) north of Los Angeles.

As California enters the fourth year of a record drought, its residents and $43 billion agriculture industry have drawn groundwater so low


continue reading





Secretary Of State For Hire: Hillary Clinton Made Millions From Foreign Donors In Exchange For “Favors”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

That the Clintons have made millions of dollars from speaking fees is no secret: just last summer it was revealed that the former president was paid $104.9 million for delivering 542 speeches around the world between January 2001 and January 2013, when Hillary left her job as secretary of state.

What is not known, and what will be revealed in a new book “Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich,” by Peter Schweizer, is something far more sinister: foreign entities made payments to the Clinton Foundation and to Mr. Clinton through high speaking fees expected, and received, favors from Mrs. Clinton’s State Department in return.

As the NYT reports, the “186-page investigation of donations made to the Clinton Foundation by foreign entities — is proving the most anticipated and feared book of a presidential cycle still in its infancy.”

“We will see a pattern of financial transactions involving the Clintons that occurred contemporaneous with favorable U.S. policy decisions benefiting those providing the funds,” Mr. Schweizer writes.

His examples include a free-trade agreement in Colombia that benefited a major foundation donor’s natural resource investments in the South American nation, development projects in the aftermath of the Haitian earthquake in 2010, and more than $1 million in payments to Mr. Clinton by a Canadian bank and major shareholder in the Keystone XL oil pipeline around the time the project was being debated in the State Department.

This means that during her tenure as Secretary of State, Hillary Clinton may or may not have been working in the best interest of the US population; she was, however, certainly working in the best interest of the biggest Clinton Foundation donor du jour. And she was communicating on her personal, unsupervised, and unrecorded Blackberry while she was doing it.

Slowly, all the pieces of Hillary’s public service are falling into place. Very lucrative public service.

Naturally, the Hillary campaign has a prepared “response”, a response we have heard countless times when faced with a challenger who has no facts on their side: immediate accusations of “conspiracy theories.”

“A campaign spokesman, Brian Fallon, called the book part of the Republicans’ coordinated attack strategy on Mrs. Clinton “twisting previously known facts into absurd conspiracy theories,” and


continue reading





The Crowning Glory Of Keynesianism

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by Jeff Thomas via Doug Casey's InternationalMan.com,

Readers of this publication will know that for some time, I’ve forecasted the creation of a new monetary system by which governments and banks gain total control over all monetary transactions.

On the surface of it, this may seem an impossible goal, as it would be so all-encompassing and would eliminate economic freedom entirely. Surely, it would not be tolerated. However, I believe that it’s not only relatively easy to create, but it will be sold in such a way that the public will see it as an absolute panacea to their economic woes. Only those who are far-sighted will understand its level of destruction in advance of its implementation.

It might transpire like this:

Part 1: The Currency

  • Any one of a number of triggers (decline of the petrodollar, dumping of US debt back into the US market, Europe defaults on its debt, sanctions backfire, etc.) causes a crash in markets.
  • Deflation kicks in.
  • The Fed creates massive QE to reverse deflation, ending in dramatic inflation and possibly hyperinflation.
  • Government declares a state of economic emergency, states that cash is (and has been) the problem and must be done away with for recovery to occur.
  • A new electronic currency is created, to be issued by banks.
  • All economic transactions of any kind—both debits and credits—are to be done through a currency card (purchases as small as a candy bar or as large as a home; all credits, including wages, dividends, sales of goods, etc.).
  • Entire economic system becomes greatly simplified, as only the currency card (or smart phone) is now needed by anyone.

Part 2: Taxation

  • At this point, every transaction, no matter how small, is on record, so government can assess the cardholder’s income to the penny, without the need to file for income tax each year.
  • Government announces that the tax system is a mess and that it must be simplified to relieve the people of the burden. In future, tax will be taken by direct debit from the currency card account.
  • Government later announces that, as the annual filing is such a hardship on the average person,


continue reading





North Carolina Man’s Obituary “Respectfully Asks That You Not Vote For Hillary In 2016″

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

A Cabarrus County, North Carolina man died last week, but Larry Upright, 81, made one final request in his obituary – written by his family.

"Also, the family respectfully asks that you do not vote for Hillary Clinton in 2016. R.I.P. Grandaddy."

Judging by the condolences, he is not alone in his request. It seems "everyday Americans" does not include North Carolinans…

Via Whitley's Funeral Home…

And the condolences include the following…

*  *  *

The Condolence book has now become a multiple page political pissing contest – all done 'respectfully' of course.

*  *  *

One word… "Polarized"





For the First Time In Many Decades, More Americans Support Gun RIGHTS than Gun Control

Courtesy of ZeroHedge. View original post here.

Submitted by George Washington.

Pew notes:

A shift in favor of gun rights

For most of the 1990s and the subsequent decade, a substantial majority of Americans believed it was more important to control gun ownership than to protect gun owners’ rights. But in December 2014, the balance of opinion flipped: For the first time, more Americans say that protecting gun rights is more important than controlling gun ownership, 52% to 46%.

***

Most believe gun ownership – not gun control – makes people safer.

***

Other recent data confirm this pattern. A 2013 Pew Research survey showed that protection is now the top reason gun owners offer for why they choose to own a gun (in 1999, hunting was the top reason). And among the public at large, the latest Gallup survey finds that 63% of Americans now say having a gun in the home makes it a safer place compared with 30% who say it makes a home more dangerous. Fifteen years ago, more said the presence of a gun made a home more dangerous (51%) than safer (35%).

Majority of Americans Say Having a Gun in the House Makes It Safer

Are Americans right that guns help prevent crime?

There are dueling statistics.  Everyone has heard the argument that guns increase murder.

But Boston Magazine notes:

A study from 2007 published in a Harvard University journal … claims that more control over firearms doesn’t necessarily mean their will be a dip in serious crimes.

In an independent research paper titled “Would Banning Firearms Reduce Murder and Suicide?,” first published in Harvard’s Journal of Public Law and Policy, Don B. Kates, a criminologist and constitutional lawyer, and Gary Mauser, Ph.D., a Canadian criminologist and professor at Simon Fraser University, examined the correlation between gun laws and death rates.

***

“International evidence and comparisons have long been offered as proof of the mantra that more guns mean more deaths and that fewer guns, therefore, mean fewer deaths. Unfortunately, such discussions [have] all too often been afflicted by misconceptions and factual error and focus on comparisons that are unrepresentative,” the researchers wrote in their introduction of their findings.

In the 46-page study,


continue reading





 
 
 

Phil's Favorites

Hoisington Quarterly Review and Outlook: First Quarter 2015

Outside the Box: Hoisington Quarterly Review and Outlook: First Quarter 2015

By John Mauldin

I think it was almost two years ago that I was in Cyprus. Cyprus had just come through its crisis and was still in shell shock. I was there to get a feel for what it was like, and a number of my readers had courteously arranged for me to meet with all sorts of people and do a few presentations. A local group arranged for me to speak at the lecture hall of the Central Bank of Cyprus in Nicosia.

There were about 50 people in the room. I was busily working on Code Red at the time and had money flows, quantitative easing, and currency wars at the front of my brain. As part of my presentation, I talked about how countries would seek to use currency devaluation in order to gain an advantage over other countries – that we were getting ready to enter an era of currency wars, which would be dis...



more from Ilene

Zero Hedge

Ron Paul Tells Obama: "It's Time To Try Something New"

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity,

Last week two prominent Ukrainian opposition figures were gunned down in broad daylight. They join as many as ten others who have been killed or committed suicide under suspicious circumstances just this year. These individuals have one important thing in common: they were either part of or friendly with the Yanukovych government, which a US-backed coup overthrew last year. They include members of the Ukrainian parliament and former chief editors of major opposition new...



more from Tyler

Chart School

Bulls Regain Friday's Lost Ground

Courtesy of Declan.

It was a good response from buyers to push markets higher through the day. However, the gains didn't really change the larger picture where markets remain range bound. In the case of the S&P, bulls really need a break of 2120 to bring confidence back to buyers. The S&P is also enjoying the start of a relative performance advantage against the Russell 2000.  It's early days, but today was a good start. The Nasdaq closed the 'breakdown gap,' but it hasn't yet done enough to challenge the March 'bull trap.' The Nasdaq also enjoys a relative advantage against the S&P. This might be the index to lead out tomorrow. ...

more from Chart School

All About Trends

Mid-Day Update

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

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

more from David

Kimble Charting Solutions

Google on 11-year support, another buying opportunity?

Courtesy of Chris Kimble.

CLICK ON CHART TO ENLARGE

Google has had a disappointing year when comparing it to the S&P 500 and other tech stocks. As you can see above, it has under performed the Nasdaq 100 index by nearly 19% and it has lagged the broad market by more than 10% in the past year.

Did Google create a double top over the past year, prior to this under performance? The jury is out on this question at this time.

This under performance by Google now has it testing a support line that dates back to its IPO price over a decade ago.

...



more from Kimble C.S.

OpTrader

Swing trading portfolio - week of April 20th, 2015

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

 

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

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

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

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



more from OpTrader

Sabrient

Sector Detector: Earnings and GDP temporarily take investor spotlight off the Fed

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

Courtesy of Sabrient Systems and Gradient Analytics

As we get into the heart of earnings season and anticipate the GDP report for Q1, the investor spotlight has been taken off the Federal Reserve and timing of its first interest rate hike, at least temporarily. Even though Q1 economic growth will undoubtedly look weak, the future remains bright for the U.S economy – even though many multinationals will struggle with top-line growth due to the strong dollar – and any near-term selloff resulting from weak economic or earnings news should be bought yet again in expectation of better results for the balance of the year. High sector correlations remain a concern, reflectin...



more from Sabrient

Digital Currencies

SkyNet Is Almost Sentient: HFTs To Start Trading Bitcoin

SkyNet Is Almost Sentient: HFTs To Start Trading Bitcoin

Courtesy of ZeroHedge. View original post here.

As noted earlier, with equities now a barren wasteland of volume (and liquidity), the last remaining HFT master (of whale order frontrunning) has been forced to go to those asset classes where organic flow is still abundant such as FX, courtesy of central banks engaged in global currency wars. However, HFTs rea...



more from Bitcoin

Promotions

Watch the Phil Davis Special on Money Talk on BNN TV!

Kim Parlee interviews Phil on Money Talk. Be sure to watch the replays if you missed the show live on Wednesday night (it was recorded on Monday). As usual, Phil provides an excellent program packed with macro analysis, important lessons and trading ideas. ~ Ilene

 

The replay is now available on BNN's website. For the three part series, click on the links below. 

Part 1 is here (discussing the macro outlook for the markets) Part 2 is here. (discussing our main trading strategies) Part 3 is here. (reviewing our pick of th...

more from Promotions

Market Shadows

Kimble Charts: South Korea's EWY

Kimble Charts: South Korea's EWY

By Ilene 

Chris Kimble likes the iShares MSCI South Korea Capped (EWY), but only if it breaks out of a pennant pattern. This South Korean equities ETF has underperformed the S&P 500 by 60% since 2011.

You're probably familiar with its largest holding, Samsung Electronics Co Ltd, and at least several other represented companies such as Hyundai Motor Co and Kia Motors Corp.

...



more from Paul

Mapping The Market

S&P 500 Leverage and Hedges Options - Part 2

Courtesy of Jean-Luc Saillard.

In my last post (Part 1 of this article), I looked at alternative ETFs that could be used as hedges against the corrections that we have seen during that long 2 year bull run. Looking at the results, it seems that for short (less than a month) corrections, a VIX ETF like VXX could actually be a viable candidate to hedge or speculate on the way down. Another alternative ETF was TMF, a long Treasuries ETF which banks on the fact that when markets go down, money tends to pack into treasuries viewed as safe instruments. In some cases, TMF even outperformed the usual hedging instruments like leveraged ETFs. There could of course be other factors at play since some of 2014 corrections were related to geopolitical events which are certain...

more from M.T.M.

Pharmboy

2015 - Biotech Fever

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

PSW Members - well, what a year for biotechs!   The Biotech Index (IBB) is up a whopping 40%, beating the S&P hands down!  The healthcare sector has had a number of high flying IPOs, and beat the Tech Sector in total nubmer of IPOs in the past 12 months.  What could go wrong?

Phil has given his Secret Santa Inflation Hedges for 2015, and since I have been trying to keep my head above water between work, PSW, and baseball with my boys...it is time that something is put together for PSW on biotechs in 2015.

Cancer and fibrosis remain two of the hottest areas for VC backed biotechs to invest their monies.  A number of companies have gone IPO which have drugs/technologies that fight cancer, includin...



more from Pharmboy

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!




FeedTheBull - Top Stock market and Finance Sites



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...

Learn more About Phil >>


As Seen On:




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.

Market Shadows >>