May 3rd, 2016 7:36 am
Submitted by Tyler Durden.
May 3rd, 2016 1:53 am
Financial Markets and Economy
A number of traders and hedge fund titans have marked May 4 on their calendar to attend one of the premier hedge fund conference of the year: the Sohn Investment Conference.
In China, the New Casino Is Iron Ore (Wall Street Journal)
The price of iron ore for decades was hammered out in secret talks between the world’s biggest miners and steelmakers...
May 3rd, 2016 1:30 am
By Jacob Wolinsky. Originally published at ValueWalk.
Mind Hack: Combat Anxiety with This Breathing TechniquePublished on May 2, 2016
Most people are familiar with the technique of taking deep inhalations to relax themselves, but one breathing technique is more effective at returning your body to a naturally calm and connected state. McGonigal’s newest book is titled ...
May 2nd, 2016 10:50 pm
Courtesy of Mish.
With the exception of emerging market countries in trouble like Brazil and Russia, and complete hyperinflation basket cases like Venezuela, can anyone name a central bank that genuinely wants a stronger currency?
Today, the Bank of Japan is at the top of the whiner list of strong currency complainers, despite the obvious mathematics.
Bank of Japan Governor Haruhiko Kuroda warns Current Yen Strength Risks Harming Japan Recovery“.
Speaking to reporters in Frankfurt Monday, Kuroda also reiterated that BOJ policy makers won’t hesitate to expand monetary stimulus in order to achieve their 2 percent inflation target. The central bank’s board lef...
May 2nd, 2016 5:22 pm
Courtesy of Declan.Monday enjoyed some follow through upside after Friday's afternoon recovery. However, gains were on very light volume given the distribution which carried most of last week. Also, market breadth remains in decline from overbought levels.
May 2nd, 2016 1:40 pm
Reminder: Harlan is available to chat with Members, comments are found below each post.
May 2nd, 2016 12:40 pm
Earlier today we reported that in what many are convinced is just another self-gratifying publicity stunt, Australian entrepreneur Craig Wright "outed" himself as bitcoin's mysterious creator "Satoshi Nakamoto" by unleashing a major PR campaign and revealing his "identity" to three media organizations - the BBC, the Economist and GQ.
May 2nd, 2016 11:42 am
Courtesy of Chris Kimble.
CLICK ON CHART TO ENLARGE
It’s that time of year to hear the “Sell In May” message. This theme usually applies to stocks. Could it also apply to Crude Oil?
The above chart compares Crude Oil and the S&P 500 the past four years.
A year ago, Crude Oil and the S&P 500 both peaked the first of May at (1) and then proceeded to create a series of lower highs and lower lows for the next 9 months.
To start off this year, both created reversal p...
May 2nd, 2016 10:21 am
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 ...
May 2nd, 2016 12:00 am
Courtesy of Benzinga.Related MD Benzinga's Top Downgrades After Rounds Of Financing, Is Healthcare M&A Picking Up?
MEDNAX (NYSE: MD)' unit MedData, Inc., disclosed the acquisition of Duet Health, which is engaged in developing of patient engagement software, as well as, mHealth solutions. The terms a...
April 28th, 2016 12:24 am
Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.
Remember this? It was Monday. PRGO is down from around $130 to under $100 since I started following it LAST WEEK. That's down almost 25% in a week, and almost 50% in the last year. So I wrote,
"Perrigo CEO Joseph Papa leaves Perrigo (PRGO) to lead Valeant (VRX) while PRGO issues a warning about missing earnings expectations. Not surprisingly, PRGO stock plummeted today.
Robert Ingram, Chairman of the [Valeant] Board, stated, "The Board has conducted a thorough search process and believes that Joe is the ideal leader for Valeant at this time. He has a strong shareholder orientation,...
March 4th, 2016 12:48 pm
Although we try to stay focused on finding and managing promising trade ideas, the comments in the comment section sometimes take a political turn (for access, try PSW — click here!). So today, Jean Luc writes,
The GOP debate last night was just unreal – are these people running to be president of the US or to lead a college fraternity! Comparing tool size? The only guy that looks semi-sane is Kasich. The other guys are just like 3 jackals right now.
And something else – if Trump is the candidate, that little Romney speech yesterday is probably already being made into a commercial. And all these little snippets from the debate will also make some nice ads! If you are a conservative, you have to be scared now.
Phil writes back,
I was expecting them to start throwing poop at each other &n...
December 15th, 2015 2:15 pm
We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more!
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News: If you missed it, you can probably find it in our Market News section. We sift through piles of news so you don't have to.
If you are looking for non-mainstream, provocatively-narrated news and opinion pieces which promise to make you think -- we feature Zero Hedge, ...
May 22nd, 2014 5:03 pm
"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 firstname.lastname@example.org 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!
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...