How to read this site for free:

You can’t. There is more than a book’s worth of knowledge in here and you'll have to pay to read it. Each month is like a chapter and there’s a monthly fee. There are site-exclusive items and, once you read them, you can't give them back, so we can't give you back the money, even if you don't like it!

We charging a fee that allows us to maintain this site and spend the time it takes to make it worthwhile for you to come here.  Any charges will show up as 'PhilStockWorld.com and/or PowerPay.biz' on your credit card statement.  We do not, in any way, shape, or form, hold ourselves out to be financial professionals.  Stock and option trading is very dangerous and even the best traders get wiped out from time to time (Phil has).   We expect you to consult a professional financial adviser before taking any action on any information (which may be incorrect, as we do make a lot of mistakes) you read on this site. There are no refunds, but we may terminate your membership at any time if we see the need, since this is a private newsletter and those are our rules. We would likely refund all or part of your remaining months because we are nice but certainly not because we have to. If you have a dispute, you may pay for our lawyer and your own and bring a case before the American Arbitration Association in New Jersey; though under no circumstances will we be liable in any way for any judgment exceeding your membership subscription fee.

Also, if you are a professional investment manager, fund manager, institutional trader, other financial professional, or are using information on this site as a trading professional, we expect you to honorably pay the professional fee. To find out about the professional fee, contact us through any of the means available on this website. You hereby agree that should we find out at a later date that you misrepresented yourself, you will pay ten times the professional rate plus any legal fees we incur in order to get to the bottom of it. We know this is very harsh, so please be honest.

By becoming a member (i.e. subscribing to the site) you are agreeing to all of the above terms. We know this sounds harsh, but we are doing this for fun and certainly don’t want to get into the hassle of turning into some corporation (which would have to charge you much higher fees). That being said, before you subscribe to our site and join us, please be aware that we do have freely published information available on our web site and that Phil is regularly published in many places on the web on several free sites. Your main advantages to joining us are the timeliness articles, Phil's market commentary and the active daily comment threads where you get Phil's live thoughts on the market.

So, in summary, you are doing this for fun or because you have appreciated all the free columns we have written and feel that that by itself is deserving of a donation; because, as you can see, we promise nothing. If you have gotten far enough in our membership cue to read this, then perhaps give us a month or two before giving up your spot to see if you find something useful enough to offset the fee. If you can’t find anything genuinely useful here, then we would rather have you put the money into an IRA every month than give it to us! So please do not give us the annual fee if you think you may get bored or just want to check us out - although the monthly rates are more expensive, you can always upgrade. We hope you'll join us.

Thanks, Phil and Greg


PhilStockWorld.com Privacy Notice

We here at PhilStockWorld.com knows that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting our sites, you are accepting the practices described in this Privacy Notice.

* What Personal Information About Customers Does PhilStockWorld.com Gather?
* What About Cookies?
* Does PhilStockWShare the Information It Receives?
* How Secure Is Information About Me?
* Conditions of Use, Notices, and Revisions
* Examples of Information Collected

What Personal Information About Customers Does PhilStockWorld.com Gather?

The information we learn from customers helps us personalize and continually improve your experience at PhilStockWorld.com. Here are the types of information we gather.
* Information You Give Us: We receive and store any information you enter on our Web site or give us in any other way. You can choose not to provide certain information, but then you might not be able to take advantage of many of our features. We use the information that you provide for such purposes as responding to your requests, technical support, and communicating with you.
* Automatic Information: We receive and store certain types of information whenever you interact with us. For example, like many Web sites, we use "cookies," and we obtain certain types of information when your Web browser accesses our sites. A number of companies offer utilities designed to help you visit Web sites anonymously. Although we will not be able to provide you with a personalized experience if we cannot recognize you, we want you to be aware that these tools exist.

* Information from Other Sources: Examples of information we receive from other sources include updated delivery and address information from our carriers or other third parties, which we use to correct our records; account information; and credit history information from credit bureaus, which we use to help prevent and detect fraud and to offer certain credit or financial services to some customers.

What About Cookies?

* Cookies are alphanumeric identifiers that we transfer to your computer's hard drive through your Web browser to enable our systems to recognize your browser and to provide features such as automatically securing your user login if you walk away from your computer for a set time period.

 * The Help portion of the toolbar on most browsers will tell you how to prevent your browser from accepting new cookies, how to have the browser notify you when you receive a new cookie, or how to disable cookies altogether. However, cookies allow you to take full advantage of some of our features, and we recommend that you leave them turned on.

 Does PhilStockWorld.com Share the Information It Receives?

 Information about our customers is an important part of our business, and we are not in the business of selling it to others.

 * Third-Party Service Providers: We employ other companies and individuals to perform functions on our behalf. Examples include: processing credit card payments, and some public data collection. They have access to personal information needed to perform their functions, but may not use it for other purposes.

 * Protection of PhilStockWorld.com and Others: We release account and other personal information when we believe release is appropriate to comply with the law; enforce or apply our Conditions of Use and other agreements; or protect the rights, property, or safety of PhilStockWorld.com, our users, or others. This includes exchanging information with other companies and organizations for fraud protection and credit risk reduction. Obviously, however, this does not include selling, renting, sharing, or otherwise disclosing personally identifiable information from customers for commercial purposes in violation of the commitments set forth in this Privacy Notice.

 * With Your Consent: Other than as set out above, you will receive notice when information about you might go to third parties, and you will have an opportunity to choose not to share the information.

 How Secure Is Information About Me?

 * We work to protect the security of your information during transmission by using Secure Sockets Layer (SSL) software, which encrypts information you input.

 * We reveal only the last four digits of your credit card numbers when confirming an order. Of course, we transmit the entire credit card number to the appropriate credit card company during order processing.

 * It is important for you to protect against unauthorized access to your password and to your computer. Be sure to sign off when finished using a shared computer.

 Conditions of Use, Notices, and Revisions

 If you choose to visit our websites, your visit and any dispute over privacy is subject to this Notice and our Conditions of Use, including limitations on damages, arbitration of disputes, and application of the law of the state of New Jersey. If you have any concern about privacy, please contact us with a thorough description, and we will try to resolve it.

 Our business changes constantly, and our Privacy Notice and the Conditions of Use will change also. You should check our Web site frequently to see recent changes. Unless stated otherwise, our current Privacy Notice applies to all information that we have about you and your account. We stand behind the promises we make, however, and will never materially change our policies and practices to make them less protective of customer information collected in the past without the consent of affected customers.

 Examples of Information Collected

 Information You Give Us

You provide most such information when you search, buy, or communicate with customer service. For example, you provide information when you provide information in Your Account; communicate with us by phone, e-mail, or otherwise; complete a questionnaire. As a result of those actions, you might supply us with such information as your name, address, and phone numbers; credit card information; including addresses and phone number; and financial information.

 Automatic Information

Examples of the information we collect and analyze include the Internet protocol (IP) address used to connect your computer to the Internet; login; e-mail address; password; computer and connection information such as browser type and version, operating system, and platform; purchase history, and the phone number you used to call our 800 number. During some visits we may use software tools such as JavaScript to measure and collect session information, including page response times, download errors, length of visits to certain pages, and page interaction information (such as scrolling, clicks, and mouse-overs).

Phil's Favorites

Ben Bernanke: Superman or Fool?

Courtesy of Mish.

Ben Bernanke would like you to believe he is superman.

In the grandest self-serving article in history, Ben Bernanke wrote an op-ed for the Wall Street Journal How the Fed Saved the Economy.

Not once did Bernanke comment on who created the crisis. Not once did Bernanke self-assess as to his own shortcomings.

The truth of the matter is Ben Bernanke is attempting to re-write history.

Bernanke: Why are we still listening to this guy?

The following video should make people think twice about listening to anything that Chairmen of the Fed Ben Bernanke says. It's a compilation of statements he made from 2005-2007 that will have your head spinning. Please play!

Link if video does n...

more from Ilene


China to join Russia in Syria war


China to join Russia in Syria war By  at Value Walk

While Russia successfully bombs unidentified targets – either ISIS or U.S.-trained rebels – in Syria, China is planning to join Russia’s own emerging coalition by deploying Shenyang J-15, a carrier-based fighter aircraft.

Numerous reports have indicated that China is joining Russia’s airstrike campaign in Syria, which has killed at least 39 civilians, including eight children and eight women.


more from ValueWalk

Zero Hedge

Commodity Trading Giants Unleash Liquidity Scramble, Issue Record Amounts Of Secured Debt

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Earlier today, in its latest attempt to restore confidence in its brand and business model after suffering a historic stock price collapse, Glencore - whose CDS recently blew out to a level implying a 50% probability of default - released a 4 page funding worksheet which was meant to serve as a simplied summary of its balance sheet funding obligations and lending arrangements to equity research analysts who have never opened a bond indenture, and which among other things provided a simplied and watered-down estimate of what could happen if and when the company i...

more from Tyler

Market News

News You Can Use From Phil's Stock World


Financial Markets and Economy

Here’s how Apple, Nike and others avoided $620 billion in taxes (Market Watch)

Big U.S. companies are holding more than $2.1 trillion in profits overseas and are avoiding paying about $620 billion in U.S. taxes, according to a study released Tuesday.

The study by liberal groups Citizens for Tax Justice and the U.S. PIRG Education Fund found that nearly three-quarters of Fortune 500 companies had at least one tax-haven subsidiary in 2014. Bermuda and the Cayman Islands were the most popular tax-haven destinations.


more from Paul

Chart School

Markets Hold Bulk of Gains

Courtesy of Declan.

Most of the gains were posted pre-market, but bulls were able to hold gains after a couple of days of bullish strength.

The S&P is on course to finish with a spinning top doji. The 50-day MA is just overhead and close to 2,000 psychological resistance. Technicals are close to turning net bullish.

The Nasdaq closed above 20-day MA and has room to run to overhead resistance. Like the S&P, it 's close to turning net bullish technically. Today was a typical consolidation, which given recent price action should be viewed as bullish.


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

Germany (DAX)- At critical resistance point, will impact S&P 500

Courtesy of Chris Kimble.

In our opinions the German stock market (DAX) is very important on a global scale. We feel its a driving force for many stock markets around the world.

This leader finds itself at very important price point at this time, which could become a high risk price point.


The DAX has remained inside of clean rising channel since the 2011 lows. It hit the top of its channel earlier this year, attempting a breakout that failed and a 20%+&#...

more from Kimble C.S.

Insider Scoop

FBR Met With Juno's Management; Here's What Happened

Courtesy of Benzinga.

Related JUNO Amgen And Biogen Lead Short Interest Surge In Biotechs Biotech Expert Talks Potential M&A Activity, Partnerships And Women's Health
  • The share price of Juno Therapeutics, Inc. (NASDAQ: JUNO) has risen 20.41 percent over the past month, touching a high of $43.59 on October 5.
  • Ed White of FBR & Co has maintained an Outperform rating on the company, with a pric...

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


Sector Detector: Searching for solid support in the face of global headwinds

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

Courtesy of Sabrient Systems and Gradient Analytics

Uncertainty about the health of the global economy led investors to flee U.S. equities during Q3, primarily driven by worries about China's growth prospects and the Federal Reserve’s decision to not raise rates. Sure, there are plenty of real and perceived headwinds, but on balance it seems that a recession here at home is not in the cards. And when you consider sentiment and the technical picture, it appears that a continuation of Friday’s bounce is in store. The question remains as to whether the seasonally strong Q4 will be able to propel the bulls through levels of resistance that have built up.

In this weekly update, I give my view o...

more from Sabrient


Swing trading portfolio - week of October 5th, 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


Baxter's Spinoff

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

Baxter Int. (BAX) is splitting off its BioSciences division into a new company called Baxalta. Shares of Baxalta will be given as a tax-free dividend, in the ratio of one to one, to BAX holders on record on June 17, 2015. That means, if you want to receive the Baxalta dividend, you need to buy the stock this week (on or before June 12).

The Baxalta Spinoff

By Ilene with Trevor of Lowenthal Capital Partners and Paul Price

In its recent filing with the SEC, Baxter provides:

“This information statement is being ...

more from Pharmboy

Mapping The Market

An update on oil proxies

Courtesy of Jean-Luc Saillard

Back in December, I wrote a post on my blog where I compared the performances of various ETFs related to the oil industry. I was looking for the best possible proxy to match the moves of oil prices if you didn't want to play with futures. At the time, I concluded that for medium term trades, USO and the leveraged ETFs UCO and SCO were the most promising. Longer term, broader ETFs like OIH and XLE might make better investment if oil prices do recover to more profitable prices since ETF linked to futures like USO, UCO and SCO do suffer from decay. It also seemed that DIG and DUG could be promising if OIH could recover as it should with the price of oil, but that they don't make a good proxy for the price of oil itself. 


more from M.T.M.


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

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.


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...

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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.

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