Archive for the ‘Immediately available to public’ Category

NY Fed President Dudley Thinks A New Housing Bubble Is A Perfect Cure For Soft Retail Sales

Courtesy of ZeroHedge. View original post here.

In general, most people would agree that the housing collapse of 2008/2009 was a negative event in U.S. history.  A combination of misinformed regulations from Washington D.C., low interest rates, poor underwriting standards that allowed for, among other things, the idiotic “cash out” mortgage, and an insatiable demand for securitizations drove one of the biggest asset bubbles in history which almost brought down the entire global financial system.

But, at least one person, namely New York Fed President Bill Dudley, thinks that a repeat of the 2008 mortgage crisis is exactly the cure for America’s stagnant retail sales.  Speaking at the National Retail Federation’s annual convention in New York, which was undoubtedly full of perplexed retailers wondering why their store traffic remained so weak amid Obama’s stunning “economic recovery”, Dudley intimated that the cure for weak retail sales was a return to 2006 practices in which debt thirsty Americans repeatedly withdrew every dollar of equity in their homes to fund their trips to the mall.

“The good news is that, while the current expansion is quite old in chronological terms, it is still relatively young in terms of the health of household finances,” Dudley said in a speech to the National Retail Federation.

“Whatever the timing, a return to a reasonable pattern of home equity extraction would be a positive development for retailers, and would provide a boost to economic growth,” Dudley said.

Homeowners may have overlearned the lessons from the housing boom and bust, the New York Fed President said.

Even though home values have risen over 40% since 2012, housing debt has stayed virtually flat, he said.

“The previous behavior of using housing debt to finance other kinds of consumption seems to have completely disappeared,” and people are leaving the wealth generated by rising home prices “locked up” in their homes, he said.

Sure, just forget that the last cycle resulted in millions of personal bankruptcies, short sales and ruined personal credit scores…we’re sure this time will work out much differently.

Dudley continued by noting that at the “height of the boom, annual consumption was being supplemented by around $400 billion in cash flow from debt, much of it collateralized by housing.”  Apparently he is convinced that levering up your personal life to such an extreme


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As Project Veritas Exposes “DisruptJ20″ Plot To Cause Inauguration Chaos, Deplorables Out Organizer As Potential #PizzaGate Pedo

Courtesy of ZeroHedge. View original post here.

Earlier today, investigative journalist James O’Keefe of Project Veritas released his second undercover exposé of the “DC Anti-facist Coalition,” which is using hashtag #DisruptJ20 in their plot to disrupt the Inauguration and related events. After successfully infiltrating the anarchist Democrat movement, O’Keefe’s team recorded ”DisruptJ20″ organizers Luke Kuhn and Colin Dunn at the infamous Comet Ping Pong pizza restaurant in Washington DC, where they divulged their plot to release butyric acid at the “Deploraball” Inauguration party. According to event organizer Mike Cernovich, the FBI has been notified. Interesting side-note; after the Veritas video was released yetserday, nimble navigators assembled what appears to be rock solid evidence linking “Disrupt” organizer Luke Kuhn to the whole #PizzaGate controversy - but I’ll get to that in a minute, or just scroll down. Back to the Veritas releases:

The meeting, captured on hidden camera, was held at Comet Ping Pong, a DC pizza restaurant that is better known as the location of the Pizzagate controversy,” Project Veritas said. “The coalition members discuss the steps they would need to take to halt the Deploraball event.” -Project Veritas

See the full first O’Keefe video here which details plans by democrat agitators to gas their enemies at an event (released 1/16/2017):

In today’s release, as ZeroHedge reports, O’Keefe’s team reveals DisruptJ20 plans to “shut down the city, at like, mid-inauguration.” 


“So simultaneous to the checkpoint blockades in the morning, we are also doing a series of clusterfuck blockades, where we are going to try to blockade all the major ingress points in the city.”

“Which include, they can include shutting down major bridges and highway access points as well as shutting down metro rail.  So to do that we are going to try to break into several teams kind of like the checkpoints.”

“So fears in doing that, we don’t think these are going to be necessarily arrestable actions but there is a possibility you could be; so keep that in mind if you want to participate.”

“I CAN CALL MY COMRADE RIGHT NOW”

NOW it gets even more interesting…

kidsclown

luke1

And it seems that in 1998, the “Utopian Anarchist Party” which Kuhn was a big part of began to distance themselves after Kuhn’s posts in “chickie-hawk/kid-porn


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Suppressors – The First Battle In The New Push For Gun Rights

Courtesy of ZeroHedge. View original post here.

Submitted by Duane at Free Market Shooter blog,

Donald Trump Jr. firing a suppressed rifle

The first push for gun rights in the upcoming Trump administration is already shaping up, and Trump hasn’t even taken office yet.

The Hearing Protection Act of 2017 (HPA) was introduced a week ago today, on Monday January 9th.  The bill is aimed at removing suppressors from regulation under the National Firearms Act (NFA), which requires an extremely difficult application process and a $200 “tax stamp” to “transfer” ownership from one individual to another.  The NRA sums up the truth on suppressors and the HPA below:

The HPA would remove sound suppressors from regulation under the National Firearms Act (NFA) and treat them as ordinary firearms under the Gun Control Act of 1968 (GCA). As with other firearms, commercial manufacturers, dealers, and importers would still have to be licensed, and the items’ retail sales would be subject to the GCA’s background check and transfer form requirements.

Currently, suppressors (misleadingly referred to as “silencers” in federal law) are subject to the NFA’s cumbersome and lengthy application process and a $200 tax stamp. Lawful purchasers can expect a raft of red tape and months of waiting. This is so, even though the devices themselves are completely harmless and very rarely used in crime.

Contrary to their portrayal in movies and television shows, suppressors do not render firearms all but soundless. They do, however, make them safer and quieter to operate.

Suppressors have soared in popularity in recent years, as more and more hunters and firearm owners have discovered their benefits. Private ownership is legal in 42 states, and they are lawful for hunting in 40 of those states.

Ironically, regulation of suppressors is one area where American gun owners are at a relative disadvantage to their counterparts in other countries. In England – which has gone a long way toward eradicating private firearm ownership – suppressors are nevertheless encouraged for private firearm owners and mandatory for uses such as pest control. 

I’ve previously detailed this exact point – suppressors are hardly the scourge the gun control crowd portrays them as.  The sound reduction is in the 20-30db range, maximum, and that sound reduction is only achieved by attaching a large,


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The Soda Police Learn A Valuable Lesson About Taxes

By The Foundation for Economic Education. Originally published at ValueWalk.

I don’t like tax increases, but I like having additional evidence that higher tax rates change behavior. So when my leftist friends “win” by imposing tax hikes, I try to make lemonade out of lemons by pointing out “supply-side” effects.

REIT Taxes Avoid Taxes

Image source: Pixabay

I’m hoping that if leftists see how tax hikes are “successful” in discouraging things that they think are bad (such as consumers buying sugary soda or foreigners buying property), then maybe they’ll realize it’s not such a good idea to tax – and therefore discourage – things that everyone presumably agrees are desirable (such as work, saving, investment, and entrepreneurship).

Though I sometimes worry that they actually do understand that taxes impact pro-growth behavior and simply don’t care.

But one thing that clearly is true is that they get very worried if tax increases threaten their political viability.

This is why Becket Adams, in a column for the Washington Examiner, is rather amused that Mayor Kenney of Philadelphia has been caught with his hand in the tax cookie jar.

Philadelphia Mayor Jim Kenney fought hard to pass a new tax on soda and other sugary drinks. He won, and the 1.5-cents-per-ounce tax is now in place, affecting both merchants and consumers, because that’s how taxes work. Businesses pay the levies, and they offset the cost by charging higher prices. That is as basic as it gets. The only person who doesn’t seem to understand this is Kenney, who is now accusing business owners of extortion. “They’re gouging their own customers,” the mayor said.

Yes, consumers are being extorted and gouged, but the Mayor isn’t actually upset about that.

He’s irked because people are learning that it’s his fault.

Philadelphians are obviously outraged by the skyrocketing cost of things as simple as a soda, which has prompted some businesses to post signs explaining why the drinks are now so damned expensive. Kenney said that this effort by businesses to explain the rising cost is “wrong” and


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“Get Paid Fighting Against Trump” – Ads Across American Cities Reportedly Offer Money To Inauguration Agitators

Courtesy of ZeroHedge. View original post here.

President-elect Donald Trump has complained about paid activists both before and after the 2016 presidential campaign, and as The Washington Times reports, he may have a point.

Job ads running in more than 20 cities offer $2,500 per month for agitators to demonstrate at this week’s presidential inauguration events.

Demand Protest, a San Francisco company that bills itself as the “largest private grassroots support organization in the United States,” posted identical ads Jan. 12 in multiple cities on Backpage.com seeking “operatives.”

“Get paid fighting against Trump!” says the ad.

“We pay people already politically motivated to fight for the things they believe. You were going to take action anyways, why not do so with us!” the ad continues. “We are currently seeking operatives to help send a strong message at upcoming inauguration protests.”

The job offers a monthly retainer of $2,500 plus “our standard per-event pay of $50/hr, as long as you participate in at least 6 events a year,” as well as health, vision and dental insurance for full-time operatives.

An example of one of the ads…

Source: Tulsa.backpage.com

While there have been “fake” ads in the past, as The Washington Times notes, if the Demand Protest ads are ruses, however, someone has gone to a great deal of trouble to sell the scam.

The classifieds are running in at least two dozen cities, including Los Angeles, New York, Chicago, Dallas and Houston, and the company operates a slick website that includes contact information.

A San Francisco phone number listed on the website was answered with a voice-mail message identifying the company by name. A request for comment left Monday evening was not immediately returned.

The website, which says that the company has provided 1,817 operatives for 48 campaigns, promises “deniability,” assuring clients that “we can ensure that all actions will appear genuine to media and public observers.”

“We are strategists mobilizing millennials across the globe with seeded audiences and desirable messages,” says the website. “With absolute discretion a top priority, our operatives create convincing scenes that become the building blocks of massive movements. When you need the appearance of outrage, we are able to deliver it at scale while keeping your reputation intact.”

A search


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Chelsea Manning: Justice Delayed Is Not Justice Served; FU Senators Cotton, Graham

Courtesy of Mish.

Lost in the cheering over news that president Obama commuted the sentence of Chelsea Manning is one simple idea: justice delayed is not justice served.

The fact of the matter is Chelsea Manning is a hero who should not have been convicted of anything.

chelsea-manning

McClatchy provided the pertinent facts of the matter on August 31, 2011, in WikiLeaks: Iraqi children in U.S. raid shot in head, U.N. says

A U.S. diplomatic cable made public by WikiLeaks provides evidence that U.S. troops executed at least 10 Iraqi civilians, including a woman in her 70s and a 5-month-old infant, then called in an airstrike to destroy the evidence, during a controversial 2006 incident in the central Iraqi town of Ishaqi.

[The above] cell phone photo was shot by a resident of Ishaqi on March 15, 2006, of bodies Iraqi police said were of children executed by U.S. troops after a night raid there. Here, the bodies of the five children are wrapped in blankets and laid in a pickup bed to be taken for burial. A State Department cable obtained by WikiLeaks quotes the U.N. investigator of extrajudicial killings as saying an autopsy showed the residents of the house had been handcuffed and shot in the head, including children under the age of 5. McClatchy obtained the photo from a resident when the incident occurred.

Obama Commutes Bulk of Chelsea Manning’s Sentence

The Wall Street Journal offers this sanitized version it deems suitable for US readersObama Commutes Bulk of Chelsea Manning’s Sentence.

White House spokesman, Joshua Earnest, discussed the “pretty stark difference” between Ms. Manning’s case for mercy with Mr. Snowden’s. While their offenses were similar, he said, there were “some important differences.”

“Chelsea Manning is somebody who went through the military criminal justice process, was exposed to due process, was found guilty, was sentenced for her crimes, and she acknowledged wrongdoing,” he said. “Mr. Snowden fled into the arms of an adversary, and has sought refuge in a country that most recently made a concerted effort to undermine confidence in our democracy.”

He also noted that while the documents Ms. Manning provided to WikiLeaks were “damaging to national security,” the ones Mr. Snowden disclosed were “far more serious and far more dangerous.” (None of the documents Ms. Manning disclosed were classified


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Jensen Quality Growth Fund 4Q16 Commentary

By VW Staff. Originally published at ValueWalk.

Jensen Quality Growth Fund commentary for the fourth quarter ended December 31, 2016.

H/T Dataroma

The Jensen Investment Philosophy

A consistent, sustainable investment process is vital to weathering all economic climates. The strength of our investment philosophy is based on an unwavering commitment to investing in quality businesses. We believe these quality companies possess sustainable competitive advantages, creating value as profitable businesses that can, over time, provide attractive returns with less risk than the overall-market.

We are extremely-selective.

From a pool of over 5,000publicly-traded

U.S. companies, fewer than 250 companies meet our initial threshold for inclusion in the Jensen Quality Universe. The first step in defining our investment universe is to identify all U.S. companies with a market capitalization of $1 billion or more. The Jensen Quality Universe then includes only those businesses that have produced a return on shareholder equity of 15% or greater in each of the past ten years, as determined by the Investment Team. We search for quality companies by targeting exceptional business performance combined with endurance. For those businesses that qualify, we have found the stamina of these quality businesses to be powerful; possessing sustainable competitive advantages and producing consistent earnings growth which, when compounded, can deliver tremendous value to shareholders.

Jensen Quality Growth Fund

Jensen Quality Growth Fund Commentary

U.S. Performance Summary

The U.S. equity market, as measured by the S&P 500 Index, produced a return of 3.82% during the fourth quarter. Economic positives such as strengthening employment figures and increased U.S. corporate profit forecasts provided a supportive backdrop. However, in anticipation of the U.S. general election, the market traded down through early November. Post the election, in contrast, the S&P 500 index rallied strongly, favoring the Financials and Energy sectors while disregarding the Information Technology and Consumer Discretionary sectors.

The Jensen Quality Growth Fund ended the quarter with a positive return, but underperformed the S&P 500 Index. The Fund fared well in the pre-election weakness, which provided a measure of downside protection. For the whole quarter, positive stock selection in Information Technology and Health Care boosted relative performance. The Fund’s underweight in Financials was the primary detractor from relative performance. Stock selection in Materials also negatively impacted performance.

At the company level, the Fund’s top performer this quarter was UnitedHealth Group (UNH), the largest health insurer in the U.S. Our long-term investment thesis for UnitedHealth…
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Ron Paul Asks “Will Trump Continue The Bush-Obama ‘Big Spending’ Legacy?”

Courtesy of ZeroHedge. View original post here.

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

This week, Congress passed a budget calling for increasing federal spending and adding $1.7 trillion to the national debt over the next ten years. Most so-called “fiscal conservatives” voted for this big-spending budget because it allows Congress to repeal some parts of Obamacare via “reconciliation.” As important as it is to repeal Obamacare, it does not justify increasing spending and debt.

It is disappointing, but not surprising, that the Obamacare repeal would be used to justify increasing spending. Despite sequestration’s minor (and largely phony) spending cuts, federal spending has increased every year since Republicans took control of the House of Representatives. Some will attribute this to the fact that the Republican House had to negotiate with a big-spending Democratic president — even though federal spending actually increased by a greater percentage the last time Republicans controlled the White House and Congress than it did under President Obama.

The history of massive spending increases under unified Republican control of government is likely to repeat itself. During the presidential campaign, President-elect Donald Trump came out against reducing spending on “entitlements.” He also called for a variety of spending increases, including spending one trillion dollars on infrastructure.

One positive part of the infrastructure proposals is their use of tax credits to encourage private sector investments. Hopefully this will be the first step toward returning responsibility for building and maintaining our nation’s infrastructure to the private sector.

Unfortunately, the administration appears likely to support increased federal spending on “shovel-ready” jobs. Claims that federal spending helps grow the economy rely on the fallacy of that which is not seen. While everyone sees the jobs and economic growth created by government infrastructure projects, no one sees the greater number of jobs that could have been created had the government not taken the resources out of the hands of private businesses, investors, and entrepreneurs. Despite what some conservatives seem to think, this fallacy applies equally to Republican and Democrat spending.

President-elect Trump has criticized the past two administrations’ reckless foreign policy, and he has publicly shamed the powerful Lockheed Martin company for wasting taxpayer money. Yet, he continues to support increasing the military budget and has called for increased military intervention in the Middle East.

The fact is the United States


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Russell 2000 Breaks Lower

Courtesy of Declan.

In the end, it was Theresa May and not Trump which saw the Russell 2000 cut through support and confirm the earlier ‘bull trap’.  This change coincided with a ‘sell’ trigger in +DI/-DI. Only stochastics are hanging on to its ‘buy’ signal.






The S&P experienced heavier volume distribution, but there wasn’t a big percentage loss, nor was there a break from the consolidation range





It was a similar story for the Nasdaq. It took a greater relative loss than the S&P, but it didn’t challenge support from the breakout.  However, look for such a test tomorrow.  All supporting technicals remain in the green.





With the bank holiday weekend over, traders can again look to push the Trump/May agenda. Shorts can remain tied to the Russell 2000 – shorting rallies as they emerge.  Longs should to Large Cap indices and the short covering which is likely to follow once trading range resistance is breached.




You’ve now read my opinion, next read Douglas’ blog.





I trade a small account on eToro, and invest using Ameritrade. If you would like to join me on eToro, register through the banner link and search for “fallond”.




If you are new to spread betting, here is a guide on position size based on eToro’s system.









Maxine Waters Calls For Trump Impeachment (Before He Takes Office)

Courtesy of ZeroHedge. View original post here.

It has not taken much in the past to get the crazy out of Democrat Maxine Waters, and MSNBC’s Chris Matthews was the perfect catalyst for the Californian congresswoman to explain why Trump’s presidency is “not legitimate,” and why he should be impeached…

We strongly suggest you put down any sharp objects, and ask the children to leave the room, before watching the following debacle…

Some key excerpts…

Waters went as far as to suggest that the nicknames Trump used against all his political opponents, even Republicans, were fed to him by Russia.

“If we discover that Donald Trump or his advocates played a role to help provide strategy – if they’re the ones who came up with ‘Crooked Hillary,’ if they’re the ones who came up with, ‘she’s ill, something’s wrong with her energy,’ and the way that he basically described her during the campaign – I think that is something that would put the question squarely on the table whether or not he should be impeached.”

“So, you think you can commit an impeachable offense before you take office?” Matthews probed further.

“Well, I think that at the point that investigations discover and confirm and can document any of that role in helping to strategize - they had a role in attempting to determine the outcome,” Waters said, not answering the question.

She attempted further reasoning on the fly, again failing to deliver any logical conclusion:

“…In many ways they used the information they got when they hacked into emails etc. — if that was used against Hillary Clinton in some way, yes I think that’s impeachable.” Waters suggested.

Matthews also suggested that “Russian television was running a lot of propaganda that Hillary was mentally and physically impaired. That was their – That was the propaganda message.”

“Do you believe that Trump is somehow being held hostage by Vladimir Putin because of information on his behavior?” Matthews then asked, despite the fact that the story was revealed to be totally fake last week.

“You know, what we have heard, not in the classified briefing, but in this information about the dossier that has been collected by the


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News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Sterling basks in glow of May's Brexit speech; stocks slip (Reuters)

The British pound consolidated gains on Wednesday after posting its biggest rise in nearly two decades in the previous session, while Asian stocks are set to drift lower following a weak Wall Street.

Trump’s Options for Weakening Dollar Extend Far Beyond Tweeting (Bloomberg)

Donald Trump may have a point: the dollar is indeed strong. Judging from the Federal Reserve’s own trade-weighted dollar index, the U.S. currency is now around 7 percent above its four-decade average.

...



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ValueWalk

Blue Tower Asset Management Up 33 Percent In 2016 On EZXORP And Sberbank Longs

By VW Staff. Originally published at ValueWalk.

Blue Tower Asset Management commentary for the fourth quarter ended December 31, 2016. But first check out our exclusive interview with the PM on some of the hedge fund’s favorite small caps.

Also see Livermore Partners up 85% in 2016 (also profiled here)

2016 Hedge Fund Letters

The Blue Tower Global Value strategy returned 4.98% gross of fees in Q4 2016 (4.66% net) and for the year of 2016 returned 34.83% gross of fees (33.36% net). 2016 has been an excellent year for the firm’s str...



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Zero Hedge

US F-16 Photographed In Mock Dogfight With Russian Su-27 Above Area 51

Courtesy of ZeroHedge. View original post here.

A curious sight was observed in the skies above Area 51 in Nevada, on November 8, the day Donald Trump was elected President, by vacationing air traffic controller Phil Drake. According to Drake, the photographs below all taken by him, show a Russian-built Su-27P fighter jet taking on a US Air Force F-16 engaged in a mock dogfight training mission.

...



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Chart School

Russell 2000 Breaks Lower

Courtesy of Declan.

In the end, it was Theresa May and not Trump which saw the Russell 2000 cut through support and confirm the earlier 'bull trap'.  This change coincided with a 'sell' trigger in +DI/-DI. Only stochastics are hanging on to its 'buy' signal.


The S&P experienced heavier volume distribution, but there wasn't a big percentage loss, nor was there a break from the consolidation range

...

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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Dollar Falls With U.S. Yields as Brexit Concern Spurs Safety Bid (Bloomberg)

The dollar fell as Treasury yields declined following a long weekend with investors seeking safety amid concern the U.K. is heading for a so-called hard Brexit.

European Stocks Fall as Investors Brace for May’s Brexit Speech (Bloomberg)

European stocks fell on Tuesday, losing ground for a second day, as investors awaited U.K. Prime Minister Theresa May’s speech in which she is set to detail her plan for Brexit....



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Kimble Charting Solutions

King Dollar potentially topping out here!

Courtesy of Chris Kimble.

The US Dollar has been moving higher for nearly a decade, as the trend is up. Could the trend be changing? Could King Dollar loose strength here? If King Dollar would turn lower, what opportunities will present themselves?

Below looks at a chart of the US Dollar over the past 30-years, on a “Monthly Hi/Lo/Closing” basis-

CLICK ON CHART TO ENLARGE

The US Dollar finds itself in an uptrend and testing the underside of dual resistance at (1). With the trend being up, if King ...



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Members' Corner

Same Time Last Year?

Courtesy of Nattering Naybob.

In January 2016, as the Chinese stock market was taking a dip along with the SP500, Fed officials made some choice comments. One year later we review..

"To me, it is not as surprising than maybe to some commentators that we're seeing a weaker data in terms of manufacturing. This seems to be part of a process that's been going on in the last couple of years. We have been seeing pretty good data out of China on consumer spending in some of the other areas, so I'm not as concerned about that." – Jan 4, 2016 - SF Fed President John Williams
...

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OpTrader

Swing trading portfolio - week of January 16th, 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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Digital Currencies

China's Bitcoin Exchanges Suspend Margin Trading

Courtesy of Zero Hedge

China's bitcoin traders who use the most popular bitcoin exchange not only in China, but also the entire world, BTCChina, were met with an unexpected warning on Friday:

Starting from January 12th, 2017, BTCChina has suspended margin loan service. If you have any questions, please contact Customer Service: support@btcc.com.

BTCChina, which commands over 37% of global bitcoin trading...

... wasn't alone.

Fo...



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Mapping The Market

If we try it enough, it will work.

Via Jean-Luc

Brownback wants Trump to emulate what he did in Kansas because it worked so well:

Sam Brownback Calls on Donald Trump to Mimic His Kansas Tax Plan

By RICHARD RUBIN and  WILL CONNORS

Sam Brownback, the Kansas governor whose tax cuts brought him political turmoil, recurring budget holes and sparse evidence of economic success, has a message for President-elect Donald Trump: Do what I did.

In 2013, Mr. Brownback set out to create a lean, business-friendly government in his state that other Republicans could replicate. He now faces a $350 million deficit when the Kansas legislature convenes in January and projections of a larger one in 2018. The state’s economy is flat and his party is fractured...

...

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Biotech

The Medicines Company: Insider Buying

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

I'm seeing huge insider buying in the biotech company The Medicines Company (MDCO). The price has already moved up around 7%, but these buys are significant, in the millions of dollars range. ~ Ilene

 

 

 

Insider transaction table and buying vs. selling graphic above from insidercow.com.

Chart below from Yahoo.com

...

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Promotions

Phil's Stock World's Las Vegas Conference!

 

Come join us for the Phil's Stock World's Conference in Las Vegas!

Date:  Sunday, Feb 12, 2017 and Monday Feb 13, 2017.            

Beginning Time:  8:00 am Sunday morning

Location: Caesar's Palace in Las Vegas

Notes

Caesar's has tentatively offered us rooms for $189 on Saturday night and $129 for Sunday night. However, we have to sign the contract ASAP. We need at least 10 people to pay me via Paypal or we may lose the best rate for the rooms. (Once we are guaranteed ten attendees, I will put up instructions to call the hotel for individual rooms.)

The more people who sign up,...



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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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