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Comment by Burrben

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  1. Burrben

    Latch / Phil – $5000 on /NG.  

    Latch, unless you were long 7 to 8 contracts, you didn't walk away with $5000.  Phil knows these headlines always prick me the wrong way, but I understand it's media and promotion to get more subscribers.  It's his site and it's his job to grow his business AND make his subscribers $$$, which he is!

    The /NG play for me made $800.  The run from 2.90 to 2.98 is .08 which is $100/.01, or $800 gain on 1 contract.  Phil was probably playing 7-8 contracts at a time, which could account for the large gain, but the same %gain on the trade.

    This futures trading is just like investing in real estate.  The "deal of a lifetime" comes around almost every week.  Look at /GC today.  BANG off the 1220 line.  It literally came around







Russia, Trump and the 2016 election: What’s the best way for Congress to investigate?

 

Russia, Trump and the 2016 election: What's the best way for Congress to investigate?

Courtesy of Jordan Tama, American University School of International Service

Exactly how will the U.S. conduct a fair and accurate investigation into Russian meddling in the 2016 election and links with President Donald Trump’s campaign? U.S. congressional leaders are discussing options.

Senate Majority Leader Mitch McConnell, a Republican, said that the Senate intelligence committee is best suited to investigate any concerns related to Russia.

Senator Lindsey Graham, a leading Republican voice on foreign policy, suggested Congress should establish a select, or special, committee of lawmakers to probe the matter.

Nancy Pelosi, the Democratic leader in the House of Representatives, urged the creation of “a bipartisan, independent, outside commission” to investigate it.

Each of these alternatives may seem reasonable, but there are key differences between them. My research on more than 50 government investigations reveals that independent commissions, like the one Pelosi is advocating for, are more likely than regular or select congressional committees to achieve consensus about controversial events.

A congressional investigation into Russian activities and ties to Trump’s advisers is likely to be riven by partisan discord. An independent commission has greater potential to generate a widely agreed-upon understanding of Russian misbehavior.

At a time when Congress is sharply polarized along partisan lines, congressional investigations tend to become microcosms of that polarization. This is all the more true when an investigation involves an issue about which the president is vulnerable to political embarrassment or attack.

How a congressional probe might unfold

The Senate Intelligence Committee, responsible for overseeing intelligence matters, is characterized by more bipartisanship than most congressional committees. It possesses a highly professional staff that works together well across party lines. Its leaders – Republican Sen. Richard Burr and Democratic Sen. Mark Warner – have expressed a willingness to cooperate in investigating issues related to Russia.

But sharp divisions are likely to emerge between Democrats and Republicans on the committee when they face decisions such as whether to require Trump campaign advisers to testify under oath, or demand that relevant records be turned over to the committee. The same goes for drawing conclusions about the motivations behind Russia’s interference, or…
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Managers at a $1 trillion asset manager say investors are dangerously underplaying 3 things (Business Insider)

2016 was not a great year for forecasting. 

The UK's decision to leave the European Union, and President Donald Trump's win despite what the polls showed, humbled many people who were sure that the opposite outcomes would happen.

China Suspends All Coal Imports From North Korea (NY Times)

China said on Saturday that it was suspending all imports of coal from North Korea as part of its effort to enact United Nations Security Council sanctions aimed at stopping the country’s nuclear weapons and ballistic-missile program.

David Tepper's Appaloosa just dropped about $1 billion on 4 pharma stock (Business Insider)

The fund took big new positions in Teva ($183 million), Pfizer ($156 million), and Mylan ($125 million) in the final three months of the year, according to a 13F filing. They were the fund's biggest new positions in the period. 

Why Wind and Solar May Have to Fill In for America's Crumbling Hydro Infrastructure (Fool.com)

When politicians talk about "crumbling infrastructure," it's often hard to ascertain exactly what they're talking about. Is it bridges falling down Opens a New Window., an excessive number of potholes, or maybe aging airports? It could mean any number of things depending on who's talking and who's listening.

The right – and wrong – way to prepare for a market sell-off (The Globe And Mail)

Given Donald Trump’s recent behaviour, I’ve concluded the U.S. market has probably run up as far as it’s likely to go, and I’ve been selling off some of my U.S. stocks that are overbought to prepare for a buying opportunity I see coming.

Trump Team’s Growth Forecasts Far Rosier Than Those of CBO, Private Economists (The Wall Street Journal)

The Trump administration has drafted preliminary economic growth forecasts in its federal budget planning that rely on assumptions that are far rosier than projections made by


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Scoring the Fed's Decision: Will It Be Wise to Tighten in March? (Bloomberg)

Yellen said the U.S. economy is close to a level consistent with full employment — part of the Fed’s dual mandate — but a number of labor-market indicators have taken a step back recently.

British spending still hasn't recovered from levels seen before the 2008 financial crisis (Business Insider)

UK household spending remained level at an average of £528.90 a week in the financial year ending 2016, according to figures from the Office of National Statistics, unable to rise above pre-crisis levels.

Currency Market Misery Is Algo Traders' Dream as Dollar Falters (Bloomberg)

Life may be a little tough if you’re a dollar bull hoping today’s the day the trend is going to resume. If you’re an algorithmic trader, you might just be in heaven.

BP Weighing Upgrade of U.S. Wind Turbines to Compete With Gas (Bloomberg)

BP Plc is weighing plans to update as many as 200 of its U.S. wind turbines with newer, higher-capacity equipment, a move that would represent the company’s biggest investment in renewable energy since its last wind farm came online in 2012.

It now takes 26 years for an average couple with one child to save for a house deposit in London (Business Insider)

It now takes an average of nearly 26 years for a couple living in London with one child to save for a home deposit.

Risk-on financials rally to be tested as earnings season winds down (Market Watch)

As earnings season winds down, investors will be keeping a sharp eye on whether financial stocks and other risk-on plays can maintain their recent momentum, and on retail stocks, which begin reporting in earnest in the coming week.

U.S. Student Debt Has Reached a Record High (TIME)

Student debt in the United States reached a record $1.31 trillion last year, emphasizing a student loan crisis that has drawn attention from both political parties.

Companies

An early investor in Twitter, Slack and Tumblr explains the power of 'goosebumps' (Business Insider)

For the last 11 years or so, Spark Capital


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Philstockworld Top Trade Review

Image result for top trade ideasThe pressure is on!  

Top Trades has become one of Philstockworld's most popular Memberships and that's a shame because I actually hate trading services that just give out trade ideas.  Unfortunately, that's what the market demands and, though Top Trade Members miss out on the trading education and deep discussions we have in our Live Member Chat Room, they usually do get a lot of great trades.

That is, until September they did!  In our first year of Top Trades, beginning in August of 2015, 96 out of 119 Trade Ideas (80.6%) were immediate winners and half of the initial losers turned around over time and became winners as well.  Perhaps it was shooting fish in a barrel in a bull market.  Unfortunately, our second year got off to a rough start, with just 7 of our 16 ideas in September and October winning by Dec 10th (we have to give them some time before reviewing).  Of those 9 losing trades:

  • ERIC is improved but still red
  • TEVA has not improved
  • MON is now a winner 
  • CMG is a home run
  • SGYP is a huge winner
  • LL got worse
  • TASR is now a winner 
  • TWTR still in the red 
  • JO was a winner but now a loser again (wild swings) 

So 4 of our 5 losers are now winners and these are long-term trades, for the most part – it's not like we can expect every one to win immediately.  The point is that these reviews are simply initial snapshots to see how we're doing – in case our trade need adjustments in their early stages – they are far from the final word on these trades.  In this month's review, we will pick up in November and review the next two months.  

The secret to our success in Top Trades is PATIENCE!!! Patience is the hardest thing we try to teach our Members at Philstockworld as it tends to take years of practice and the nice thing about the Top Trades Membership is that you don't have a choice – we make
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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

World stocks edge lower; Wall Street at record (Reuters)

Stocks on major world markets slipped on Friday in the wake of back-to-back sessions of record highs, as investors awaited clarity on U.S. President Donald Trump's tax and trade policies.

Carney, Wrong on Brexit, May Have Called Consumer Collapse Right (Bloomberg)

The U.K. consumer finally appears to be cracking — potentially taking Britain’s economic strength with it.

Retail sales unexpectedly fell for a third month in January, calling into question the key component of the economy’s recent momentum. The decline left both the three-month and annual rates of growth at the slowest in more than three years.

French Bonds Drop on Potential Left-Wing Candidacy Merger (Bloomberg)

French bonds dropped as the nation’s election campaign took another twist after Socialist Party presidential candidate Benoit Hamon said he’s holding further talks with far-left candidate Jean-Luc Melenchon about a potential single candidacy.

How to Explain the Divergence of Global Interest Rates (Bloomberg)

Global bond markets trade on variables such as currency valuations, global fund flows, inflation expectations and monetary policy that can determine the level of interest-rate differentials.

Mexico economy minister warns Trump: Tariffs 'will be a big mistake' (CNN)

The Trump administration has floated the idea of a 20% tariff on Mexican imports to the United States to pay for its proposed border wall. Trump has also threatened a 35% "big border tax" on companies that move jobs to Mexico.

The Russian ruble is tumbling as inflation picks up (Business Insider)

The Russian ruble is tumbling. The petrocurrency is down by 1% at 58.1678 per dollar as of 8:06 a.m. ET.

Earlier, data showed that Russian PPI rose by 12.7% year-over-year in January, marking the highest inflation since November 2015. It followed the 7.4% increase in December. 

Bank of America summed up the huge change taking places in markets in one simple graphic (Business Insider)

For seven years after the financial crisis, it was all about Davos Man. 

The Davos Man was at the World Economic Forum in Davos, Switzerland, the annual global meeting of minds with the mission of


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Dow Jones barely notches sixth straight record high close (Reuters)

The Dow Jones Industrial Average scored its sixth straight record high on Thursday, but just barely, while the S&P 500 edged lower due to declining energy stocks.

One of Government’s Largest Landlords, Vornado, Pays Millions Each Year to Trump Company (The Wall Street Journal)

President Donald Trump’s company receives tens of millions of dollars a year from Vornado Realty Trust, which relies on the federal government for a significant portion of its revenue and is vying for new work from Mr. Trump’s administration.

Trump Hates Trade Deficits, But Which Ones Really Matter? (Bloomberg)

President Donald Trump is fixated on deficits as measures of how the U.S. gets the short end of the stick in trade deals. He’s had Mexico in his Twitter crosshairs for selling $63 billion more in goods to the U.S. than it buys, blaming “one-sided” Nafta for a “massive” imbalance—one he's promised to fix by renogotiating the terms of the agreement.

The pound has dived below $1.24 after retail sales disappointed (Business Insider)

The pound is sliding on Friday, passing below the 1.24 mark against the dollar for the first time in several weeks after a troublingly poor set of retail sales figures.

Here's the most important exported good from every state (Business Insider)

International trade is an important part of the US economy, and that is also true for the economies of the 50 states and DC that together make up that national economy.

10 things you need to know in markets today (Business Insider)

Good morning! Here's what you need to know in markets on Friday.

Samsung boss Lee Jae-Yong has been arrested over corruption claims. The vice-chairman and notional head of the world’s biggest smartphone maker is facing bribery, corruption and embezzlement charges over payments Samsung made to a close friend of South Korean president Park Geun-hye, who has been impeached over the scandal.

UK retail sales had a horrible month in January as post-Brexit inflation starts to bite (Business Insider)

UK retail sales had


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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Warning signs are piling up that the bull run in stocks is nearing an end (Business Insider)

If it feels like this bull market has been going on for a long time, that's because it has.

In fact, the current market rally, which has lasted 2002 trading days, is the longest one since the rally that preceded the 1929 stock market crash.

Currency Market Misery Is Algo Traders' Dream as Dollar Falters (Bloomberg)

Life may be a little tough if you’re a dollar bull hoping today’s the day the trend is going to resume. If you’re an algorithmic trader, you might just be in heaven.

Scoring the Fed's Decision: Will It Be Wise to Tighten in March? (Bloomberg)

Yellen said the U.S. economy is close to a level consistent with full employment — part of the Fed’s dual mandate — but a number of labor-market indicators have taken a step back recently.

A stock market crash is a way off, but this boom will turn to bust (The Guardian)

All three main measures of the health in the stock market are at record levels. Donald Trump is bragging about the boost he has given to share prices. Bourses around the world are taking their lead from Wall Street and heading higher.

Warning Signs Are Flashing for Macau Casino Stocks – Again (Bloomberg)

The last time investors were this optimistic about Macau casino stocks, it didn’t end well.

Back then, in 2014, bulls misread a Chinese anti-corruption campaign that scared away high rollers and erased $146 billion of shareholder value.

The Promise and Peril of the Trump Economy (Fortune)

In Dave Cote’s mind, the case for optimism is clear. The CEO of industrial giant Honeywell believes that the U.S. economy is poised for a surge under the Trump administration.

The Most-Hated Bear in Solar Isn’t Backing Down (Bloomberg)

When Elon Musk’s SolarCity hosted stock analysts about a year ago to gush about its prospects in the solar industry, Gordon Johnson was nowhere to be found.

Trump Keeps Promise to Coal Industry (NBC News)

With


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Are fossil fuel companies telling investors enough about the risks of climate change?

 

Are fossil fuel companies telling investors enough about the risks of climate change?

Courtesy of Paul Griffin, University of California, Davis and Amy Myers Jaffe, University of California, Davis

Prior to President Donald Trump taking office, there was a push to require oil and gas companies to inform their investors about the risks of climate change. As governments step up efforts to regulate carbon emissions, the thinking goes, fossil fuel companies’ assets could depreciate in value over time.

The Securities and Exchange Commission, for example, was probing how ExxonMobil discloses the impact of that risk on the value of its reserves. And disclosure advocates have been pressing the agency to take more decisive action.

Now that Republicans control Congress and the White House, will the SEC reverse course? And should it?

The Trump administration’s apparent skepticism regarding climate change may portend such a change in direction. And Congress’ decision to roll back transparency rules for U.S. energy companies in the Dodd-Frank Act suggests transparency policy more broadly is being loosened.

The terms of this debate, however, remain premised on the notion that investors don’t have enough information to accurately assess the impact of climate change on company value. A growing body of academic research, including our own, suggests they already do and that a compromise path that improves the terms and conditions for voluntary disclosure might be optimal.

‘Stranded’ assets

Such a change in direction would be good news for ExxonMobil in its fight with the SEC over climate change disclosure.

Last year, ExxonMobil announced that 4.6 billion barrels of oil and gas assets – 20 percent of its current inventory of future prospects – may be too expensive to tap. That would be the largest asset write-down in its history. So far, the company has written down US$2 billion in expensive, above-market cost natural gas assets. More write-downs – this time possibly oil sands – may be forthcoming.

It’s not clear how much of that are tied to…
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Comment by angelcur

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  1. angelcur

    Denmark banning all refugees form entering

    WTF







 
 
 

ValueWalk

Warren Buffett - How to Calculate Intrinsic Value

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

One of our favorite investors here at The Acquirer’s Multiple is Warren Buffett.

Lat week I provided and excerpt from Buffett’s ‘Owner’s Manual’ – In June 1996, Berkshire’s Chairman, Warren E. Buffett, issued a booklet entitled “An Owner’s Manual” to Berkshire’s Class A and Class B shareholders. The purpose of the manual was to explain Berkshire’s broad economic principles of operation.

]]> Get The Full Warren Buffett Series in PDF

Get the entire 10-part series on Warren Buffett in PDF. Save it to your ...



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Zero Hedge

Fukushima Aborts Latest Robot Mission Inside Reactor; Radiation At "Unimaginable" Levels

Courtesy of ZeroHedge. View original post here.

Two years after sacrificing one robot, TEPCO officials have aborted their latest robot mission inside the Fukushima reactor after the 'scorpion' became unresponsive as it investigated the previously discovered hole where the core is believed to have melted.

...

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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Managers at a $1 trillion asset manager say investors are dangerously underplaying 3 things (Business Insider)

2016 was not a great year for forecasting. 

The UK's decision to leave the European Union, and President Donald Trump's win despite what the polls showed, humbled many people who were sure that the opposite outcomes would happen.

China Suspends All Coal Imports From North Korea (NY Times)

...



more from Paul

Digital Currencies

How to Use, Trade, Store and Invest in Bitcoin Digital Assets - Step by Step, Part 1

By Reggie Middleton

(Originally published on Zero Hedge)

I will teach novices and experts alike how to fit Bitcoin into an investment portfolio safely and with the optimum risk-adjusted potential - along with step-by-step guides, instructions and tutorials.

This first part of the series starts with the basics, obtaining and managing your bitcoin.

What is Bitcoin?

First off, we need to know what Bitcoin is since most media pundits and even experienced financial types truly do not know. Bitcoin (capital "B") is a protocol driven network (very similar to that other popular protocol-based network, the Internet). This network is a blank tapestry upon which smart and creative actors can paint a cornucopia of applications (just like applicat...



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Kimble Charting Solutions

Fear Indicator; Hitting highest levels in history, says Joe Friday

Courtesy of Chris Kimble.

Markets have been on a steady rise and the same can be said for Inverse Fear ETF (XIV). Below looks at Inverse Fear ETF (XIV) since the lows in 2011.

CLICK ON CHART TO ENLARGE

What a difference a year can make! One year ago this week, XIV was testing rising channel support, as relative momentum was hitting levels last seen at the 2011 lows.

...



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Members' Corner

Save Your Relationship?

Courtesy of Nattering Naybob.

Once again it's "in the Toilet Thursday" or "Thursday's in the Loo".

Our last episode How to Poop At Work? answered the question, what to do when your at a big fancy pants meeting, when out of nowhere, you need to download a brown load?

This week's installment, Save Your Relationship, demonstrates that people will do just about anything to save their relationshits...

...

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Mapping The Market

NSA May Be Withholding Intel from President Trump

By Jean Luc

These GOP guys were so worried about Hillary's email server and now we find out that we had something close to a Russian mole in the White House. In the meantime, Trump keeps on using his unsecured phone, had high level conversation in his resort in front of dinner guests! It's getting so bad that rumors are now circulating that the NSA is not sharing information with the WH:

NSA May Be Withholding Intel from President Trump

By 

….Our spies have had enough of these shady Russian connections—and they are starting to push back….In light of this, and out of worries about the White House’s ability to keep secrets, some of our spy agencies have begun withholding intelligence fro...



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OpTrader

Swing trading portfolio - week of February 13th, 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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Chart School

Weekly Market Recap Feb 12, 2017

Courtesy of Blain.

The week that was…

The quite long in the tooth rally continues as we had 3 days of minor loses to begin the week; ending with 2 days of moderate gains.  We are in a bit of a quiet zone as most S&P 500 companies have now reported earnings, the Federal Reserve is not a “worry” for about a month and a half, and the major economic news of the month hit the prior week.  So the gnashing of teeth (or not) about government policy seems to be the main driver right now- late in the week it was announced some major new tax initiatives would be coming down the pike soon which the market liked.

President Donald Trump said Thursday that an announcement concerning taxes is on tap for the coming weeks, which his press secretary later said would involve an outline of a comprehensive tax plan. “...



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Promotions

Phil's Stock World's Las Vegas Conference!

Learn option strategies and how to be the house and not the gambler. That's especially apropos since we'll be in Vegas....

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:  9:30 to 10:00 am Sunday morning

Location: Caesars Palace in Las Vegas

Notes

Caesars has offered us rooms for $189 on Saturday night and $129 for Sunday night but rooms are limited at that price.

So, if you are planning on being in Vegas (Highly Recommended!), please sign up as soon as possible by sending...



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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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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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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...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>