Book Club

Book Club Recommendations

Featured Authors and Contributors to Phil's Stock World & More

Michael Hudson

Michael Hudson is a distinguished Research Professor of Economics at University of Missouri, Kansas City (UMKC), a Wall Street Analyst, consultant, and president of The Institute for the Study of Long-term Economic Trends (ISLET). He is also Chief Economic Advisor to the Reform Task Force Latvia (RTFL) and author of America’s Protectionist Takeoff and Super Imperialism - New Edition: The Origin and Fundamentals of U.S. World Dominance. His website is michael-hudson.com. Several books by Michael:

 
John Rubino

John Rubino is the co-author, with GoldMoney’s James Turk, of The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets, and author of Clean Money: Picking Winners in the Green Tech Boom,How to Profit from the Coming Real Estate Bust: Money-Making Strategies for the End of the Housing BubbleMain Street, Not Wall Street: Investing Close To Home--the Smart Way To Make More Money

After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990s, John was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He now writes for CFA Magazine and manages and writes and edits at the terrific websites DollarCollapse.com and GreenStockInvesting.com.

John discussed the U.S. dollar and clean technology in his interview with me several month's ago, here.  

 

 

Robert Reich

Robert Reich is Professor of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written twelve books, including the following. His "Marketplace" commentaries can be found on publicradio.com and iTunes

Aftershock: The Next Economy and America's FutureSupercapitalism and The Future of Success: Working and Living in the New Economy and Locked in the Cabinet

 

James Howard Kunstler

Mr. Kunstler worked as a reporter and feature writer for a number of newspapers, and finally as a staff writer for Rolling Stone Magazine. In 1975, he dropped out to write books full-time. His books include Home from Nowhere: Remaking Our Everyday World for the 21st Century, The Long Emergency: Surviving the End of Oil, Climate Change, and Other Converging Catastrophes of the Twenty-First Century and World Made by Hand: A Novel. He is the author of many other books and also a regular contributor to the New York Times Sunday Magazine and Op-Ed page, where he has written on environmental and economic issues. 

 

Micheal Pettis 

Michael Pettis is a Senior Associate at the Carnegie Endowment for International Peace and a finance professor at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets. He has taught, from 2002 to 2004, at Tsinghua University’s School of Economics and Management and, from 1992 to 2001, at Columbia University’s Graduate School of Business.  He is also Chief Strategist at Shenyin Wanguo Securities (HK).  Michael is also the author of the book The Volatility Machine: Emerging Economics and the Threat of Financial Collapse.  More here.>

 

Vitaliy N. Katsenelson

Vitaliy N. Katsenelson is a virtual portfolio manager/director of research at Investment Management Associates in Denver, Colo.  He is the author of  "Active Value Investing: Making Money in Range-Bound Markets (Wiley Finance)" (Wiley 2007). For more by Vitaliy, visit his website, Contrarian Edge. 

  

 

Janet Tavakoli   

Janet Tavakoli is the president of Tavakoli Structured Finance, a Chicago-based firm that provides consulting to financial institutions and institutional investors. Ms. Tavakoli has more than 20 years of experience in senior investment banking positions, trading, structuring and marketing structured financial products. She is a former adjunct professor of derivatives at the University of Chicago’s Graduate School of Business. She is the author of: Credit Derivatives & Synthetic Structures: A Guide to Instruments and Applications, 2nd Edition and Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization. Janet Tavakoli’s book on the global financial meltdown is Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street

Antonio Damasio

Self Comes To Mind -- very interesting interview with eminent neuroscientist Antonio Damasio. Antonio Damasio pioneered several important themes in studying the mind and consciousness, including the importance of emotion. - Ilene 

Books by Antonio Damasio: Self Comes to Mind: Constructing the Conscious Brain (new), Descartes' Error: Emotion, Reason, and the Human BrainThe Feeling of What Happens: Body and Emotion in the Making of Consciousness and Looking for Spinoza: Joy, Sorrow, and the Feeling Brain

  

 

Books on Trading:

Books on the Economy

Michael Lewis

Recent interview with Michael Lewis:  Michael Lewis Slams Wall St., Leadership Deficit – Bloomberg.

Widget of Book Recommendations  

*****

Amazon Book Store Link

 

 
 
 

Phil's Favorites

Fascism's return and Trump's war on youth

 

Fascism’s return and Trump’s war on youth

Courtesy of Henry GirouxMcMaster University

Donald Trump’s policies represent a particular attack on American youth and children, particularly those who are disadvantaged. (AP Photo/Pablo Martinez Monsivais)

Fascism is all too often relegated to the history books.

The word conjures up a period in which civilized societies treated democracy with contempt, engaged in acts of systemic violence, practised extermination and elimination, supported an “apocalyptic populism,” suppressed dissent, promoted a hyper-nationalism, displayed contempt for women, embraced militarism as an absolute ideal and in...



more from Ilene

Zero Hedge

Inflation indicator wonders why the Fed is raising rates

Courtesy of Chris Kimble

The Fed raised rates yesterday, is it necessary for them to do that? Humbly, the answer will come in time.

Below looks at the inflation indicator and how it is testing a key price level-

This inflation indicator (TIP/TLT) has been heading lower overall lower, inside of falling channel (1), for the past 5-years. It hit the top of the channel at the start of this year and has been heading south most of the time.

The infl...



more from Tyler

Biotech

Designer proteins that package genetic material could help deliver gene therapy

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

 

Designer proteins that package genetic material could help deliver gene therapy

Courtesy of Ian HaydonUniversity of Washington

Delivering genetic material is a key challenge in gene therapy. Invitation image created by Kstudio, CC BY

If you’ve ever bought a new iPhone, you’ve experienced good packaging.

The way the lid slowly separates from the box. The pull...



more from Biotech

Chart School

Rallies Slow As Semiconductor Selling Eases

Courtesy of Declan

Markets experienced early gains but gave them back by the close of business. Given the mini-rally of the past five days, some of the indices are looking vulnerable to a new round of selling.

The S&P finished with a narrow inverted hammer on low volume but at new highs. A move back to the newly accelerated channel is looking favored.
 


The Nasdaq also finished with a narrow doji but wasn't able to make new highs.  It's already close to one channel but looks more likely to reach down to th...



more from Chart School

Insider Scoop

Earnings Scheduled For December 13, 2017

Courtesy of Benzinga.

Companies Reporting Before The Bell
  • Lightinthebox Holding Co Ltd-ADR (NYSE: LITB) is estimated to report quarterly earnings at $0.01 per share on revenue of $78.49 million.
Companies Reporting After The Bell
  • ABM Industries, Inc. (NYSE: ABM) is expected to post quarterly earnings at $0.49 per share on revenue of $1.49 billion.
  • ...


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

Digital Currencies

Not A Bubble?

Courtesy of ZeroHedge. View original post here.

Meet The Crypto Company - up almost 20,000% since inception in September...

To a market cap of over $12.6 billion...

Grant's Interest Rate Observer drew the world's attention to this 'company' yesterday.....



more from Bitcoin

ValueWalk

Tax Bill May Spark Exodus From High-Tax States

Courtesy of FinancialSense.com via ValueWalk.com

The following is a summary of our recent podcast, “Exodus – The Major Wealth Migration,” which can be listened to on our site here on on iTunes here.

It’s looking increasingl...



more from ValueWalk

Members' Corner

An Interview with David Brin

Our guest David Brin is an astrophysicist, technology consultant, and best-selling author who speaks, writes, and advises on a range of topics including national defense, creativity, and space exploration. He is also a well-known and influential futurist (one of four “World's Best Futurists,” according to The Urban Developer), and it is his ideas on the future, specifically the future of civilization, that I hope to learn about here.   

Ilene: David, you base many of your predictions of the future on a theory of historica...



more from Our Members

Mapping The Market

Puts things in perspective

Courtesy of Jean-Luc

Puts things in perspective:

The circles don't look to be to scale much!

...

more from M.T.M.

OpTrader

Swing trading portfolio - week of September 11th, 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 ...



more from OpTrader

Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



more from Kimble C.S.

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...

more from David



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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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