Posts Tagged ‘IPad’

Don’t tell anyone, but I am not sure I like my new iPad

I’m going to help Baruch out of denial by telling everybody he’s not crazy about the iPad. If I remember Psych 101 correctly, if Baruch makes any sacrifices for the iPad or, god forbid, spends money on accessories, he’s going to change his mind. – Ilene 

Don’t tell anyone, but I am not sure I like my new iPad

Courtesy of Ultimi Barbarorum

Queen - Flash 

[Click on photo to watch Queen - Flash]

It’s very embarrassing, but I think my iPad annoys me. Baruch feels that he should be raving about his iPad. It’s the biggest thing to hit consumer tech since, well since the iPhone 3G took off. When the history of early 21st century tech is written, it might even be  a more important product than the iPhone. And here am I, on record, complaining about it. I’m going to be that guy from IBM who said in I think 1945 that there would only ever be like, 5 computers.

So, why don’t I like my iPad?

1) Flash — ahh-aaaaahh! I miss Flash on my iPad like I don’t on my iPhone. I (mostly) understand The Great Jobbso’s reasons for treating Flash like a vampire looks at garlic, but I have somehow failed to make my 4-year old understand them as well. All he knows is that he is unable to play his favourite Flash-based Teletubbies game on the CBBC website. It doesn’t work, and he wants Daddy to fix it. Obviously Daddy can’t. He gets cross. So the poor little tyke’s had to go back to the PC for his Teletubbies.

Daddy had a similar experience with the Daily Show. Watching the Daily Show online is, for Baruch, almost the whole point of having The Internet. And it’s flash based. And its not just John Stewart, it’s like half the commercial video on the internet, from retail sites, to (I am told) porn, to hotel websites. Baruch hates those little lego blocks in the middle of the space where his video should be. His heart sinks when he sees them. He wonders what he’s missing.

I don’t have the same level of expectation with my iPhone. After so many false dawns in the mobile internet, I secretly think I am not supposed to surf the web on my phone, so anything I can do on it in that direction I still find…
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There Goes Those Fancy eBook Aspirations from Apple, Barnes and Noble, and Amazon: 100,000’s of FREE eBooks from the Public Library

There Goes Those Fancy eBook Aspirations from Apple, Barnes and Noble, and Amazon: 100,000’s of FREE eBooks from the Public Library

Courtesy of Reggie Middleton, writing at Zero Hedge 

Sometimes the best laid plans can be put out to pasture due to a lack of foresight in regards to the ever changing, liquid landscape known as the Internet. What fascinates me so much about the Web is that it is the great democratizer, it brings down the barriers to entry and allows for unfettered information flow. For instance, who would have thought that your local public library could lay low the massive aspirations media and retail titans such as Amazon, Barnes and Noble, and Apple? Put simply, why would you buy an eReader from these vendors for several hundred dollars, then go ahead and spend more money buying the eBooks for said reader when you can simply download the books from your local public library’s website into the equipment you already have? Okay, I know why those Apple heads would do it – because they want to spend money on Apple products,,, the eBooks may look cooler with that shiny Apple logo-thingy indicating that you too have donated unnecessarily to the Steve Jobs’ enrichment fund, but how about the rest of the vendors???

As a matter of fact, you can kill several birds with one stone simply by buying one of the recent Android phones. Google is really on to something here, and the growth potential of Android is simply phenomenal. When those Android tablets get moving at Kmart for $100… Whoops, there goes that Amazon Digital eBook business model.

Attention Kmart shoppers: $149 Android tablet on aisle 5 The Android OS isn’t just powering high end smartphones, it also runs barebones tablets sold at Kmart for the price of an iPod nano.

Think about this! Hundreds of thousands of titles freely and legally downloadable from your local public library to play on your $150 tablet with standard ports, HD video, the whole 9 yards, or maybe just on your cell phone. Android can scale pretty high in the capability department and reach rather low in the price category as well.

NY’ers, check this out from your NYC Public Libraries:

These books use DRM protection administered by Overdrive. Guess what platforms they won’t play on (okay, I’ll spoil it for you – the two front runners in the
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Why Does Steve Ballmer Still Have a Job?

Why Does Steve Ballmer Still Have a Job?

Courtesy of James Kwak of Baseline Scenario 

Microsoft CEO Steve Ballmer speaks at the Consumer Electronics Show in Las Vegas

So, after questioning the iPad, I bought one.* My primary motivation was that I wanted to be able to watch old TV episodes on the commute to and from my internship this summer, and I think an iPod Touch is just too small. I also bought an Android phone, because my three-year-old Motorola RAZR2 v9m (who comes up with these product names, anyway?) developed a crack in the hinge, and because I wanted the best camera I could get on a phone. (My #2 use for a phone is not email — it’s taking pictures and videos of my daughter.)

Anyway, catching up on the last three years of mobile technology has provided ample food for thought. I have a long post on the Apple-Google(-Microsoft) war rolling around in my head somewhere, which I will hopefully write down later this week. In the meantime, here’s John Gruber‘s verdict on Microsoft:

“Three years ago, just before the original iPhone shipped, here’s what Steve Ballmer said in an interview with USA Today’s David Lieberman:

‘There’s no chance that the iPhone is going to get any significant market share. No chance. It’s a $500 subsidized item. They may make a lot of money. But if you actually take a look at the 1.3 billion phones that get sold, I’d prefer to have our software in 60 percent or 70 percent or 80 percent of them, than I would to have 2 percent or 3 percent, which is what Apple might get.’

“Not only was he wrong about the iPhone, but he was even more wrong about Windows Mobile. Three years ago Ballmer was talking about 60, 70, 80 percent market share. This week, Gartner reported that Windows Mobile has dropped to 6.8 percent market share in worldwide smartphone sales, down dramatically from 10.2 percent a year ago.”

Steve Ballmer has been CEO of Microsoft since 2000. During his tenure, Microsoft came out with Windows Vista, perhaps the most unsuccessful operating system in modern history (Windows ME doesn’t count, since Microsoft’s core customer base was using NT/2000); it tried a “Microsoft inside” strategy in digital music and, when that failed, launched the Zune, which also failed; it watched Firefox (and Safari and Chrome) eat a large…
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THE IPAD WILL SAVE PRINT? YEAH RIGHT!

A watched iPot never runeths over.

THE IPAD WILL SAVE PRINT? YEAH RIGHT!

Courtesy of Richard Metzger at Dangerous Minds  

image
With all of the iPad hype going on this week, I was surprised that so few pundits were saying what I felt was glaringly obvious: No way in hell is the iPad going to save the ailing magazine and newspaper industry. Did anyone really believe that for a single second anyway?

Gimme a break! I already get more than enough distractions for free—no, really guys, my infotainment cup has been runneth overing for a very, very long time now—that there is no way, not a chance—none—that I’m going to subscribe to your magazine or newspaper now that a device I never asked for in the first place has been caused to exist by Steve Jobs. I don’t care what your new iThingee is or how great your marketing people are telling me it’s going to be. If you think what you’ve got is so unique and must-read that I should pay for it, I’ve got news for you, it’s not. It’s a very big Internet out there and as long as 99.99999 percent of it is free, your subscription fee is a self-imposed death sentence, and will not even constitute a revenue trickle let alone a stream.

Witness the recent paywall experiment at New York Newsday. It did not go very well. During the first three months of the paywall, exactly 35 people opted to pay for what they had been previously getting for free. Raise your hands, readers in Long Island, NY, how many of you who plan to buy an iPad also have plans to tap the digital ass of New York Newsday for a monthly fee?

About what I thought: None of you.

Every morning I scan dozens of newspapers around the world for my job at the…
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Monday Market Movement – Can We Go It Alone?

It’s lonely out there in Stock Land today

Everybody’s closed today except Japan and they are so thrilled with 94.5 Yen to the dollar that you can’t figure anthing out by watching their market add another 53 points this morning to finish the day at 11,339 but it was well off the gap up open at 11,400.  As I mentioned in the Weekend Wrap-Up, where we discussed our Super-Secret Strategy for making money off this nonsense – just because a rally is totally propped up BS doesn’t mean it isn’t, technically, a rally – does it?

With everyone else closed, the MSCI Asia-Pacific Index hit 19-month highs and copper climbed to $3.62 in overnight trading (when there were no traders) and gold hit $1,130 while oil hovered around $85.50 so we can infer that commodities are very, very popular with vacationing traders.  Asian traders were excited about our jobs numbers – obviously they didn’t read my analysis on Friday:

Overall, we are seeing positive signs about the global economy,” said Hiroaki Muto, a senior economist at Sumitomo Mitsui Asset Management Co., which manages $111 billion. “While developing nations are leading global growth, they are waiting for the U.S. to rebound. Recent reports are suggesting that the U.S. labor market and consumer spending are improving.”

Consumer spending is certainly improving at the Apple Store with 700,000 IPads going out the door in 48 hours, bringing AAPL an estimated $500,000,000 in revenues over the weekend.  I was in the NY Apple Store this weekend and there were about 200 IPads on display with lines 3-4 deep of people very patiently waiting considering the average person who touched one held on for a good half hour.  Keep in mind that the IPads that are selling now are limited Wi-Fi only models – the good, 3G ones don’t come out for another couple of weeks!

So, based on 2 days of sales, we can project AAPL selling $175Bn worth of IPads this year and that will make AAPL worth about a Trillion dollars, which is very likely to boost the Nasdaq back to 5,000…  OK, that may be a bit of an over-statement but we still cannot ignore the Apple effect on the market because it does look like they are going to move a tremendous amount of IPads this year and that will be good for chip
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The Only iPad “Review” You Need To Read

Courtesy of Tyler Durden

Guest Post from Fake Steve Jobs of The Secret Diary of Steve Jobs

An open letter to the people of the world

Dear human race,

Customers wait to purchase iPad at Apple store in Chicago

First of all, you’re welcome. In the last few days I’ve been overwhelmed by your letters and calls expressing your gratitude to Apple, and mostly to me personally, for inventing yet another life-changing, mind-altering product. All I can tell you is that with iPad, as with all of our products, all we did was create something that we want to use. We’re just so glad that you want to use it too. It’s humbling, actually. When you devote your entire life to the endless, selfless quest to improve the lives of others; when you live a monk-like existence, and focus all of your power and genius on the singular goal of creating objects that nourish souls and transform people’s lives with magic and wonder; and when people tell you that this is, indeed, what you’ve done — well, it’s gratifying. Namaste, entire population of Spaceship Earth. I honor the place where your desire to consume becomes one with my desire to create.

Some pundits have posed the question: Why do anyone need this thing? Indeed, even those of you are lining up and standing outside stores may be wondering, Why am I doing this? Why am I lining up like a zombie for an expensive piece of consumer electronics, a product for which there is no shortage and which, let’s face it, nobody really needs? Back in the early days of our design process, Jonny Ive came in to see me and we spent a long time trying to decide where on Mazlow’s triangle this product would sit. Because we knew if we couldn’t be way up above the very top of that pyramid, floating above it, totally outside the needs it describes, then this wouldn’t be a product we wanted to make. Some of our early iterations, in fact, had to be tossed out because when we looked at them we realized that parts of them were too, well, necessary. Don’t get me wrong. That’s fine for other companies. It’s just not what we do here at Apple.

But let’s get back to you people who are waiting in line. I mean it’s not like you’re in Bolivia and there’s just been an earthquake…
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What is Apple up to in China?

Ultimi Barbarorum takes a favorable look at Apple’s store openings in China.  Read on to learn why. – Ilene 

What is Apple up to in China?

Courtesy of Ultimi Barbarorum

Chinese women fan dance outside Apple store in Beijing

Baruch, in this post: A new piece of information, augmented by local insight, that amounts to yet another upside case for Apple. And yes, it involves the iPad.

The new information: This past Thursday, Apple revealed plans to open 25 retail stores in China. Currently, there is one swish Apple Store in an upmarket outdoor Beijing mall, with one more planned in Beijing and two in Shanghai this year. Opening Apple stores in Chinese cities that most foreigners have never heard of (The likes of Shenzhen, Hangzhou, Chongqing, Chengdu, Kunming —there are 25 such cities in China bigger than Chicago) betrays a whole new level of ambition in the Chinese market, beyond just servicing creative elites in their international watering holes.

But what could Apple possibly sell in those stores that the Chinese can afford en masse? Let’s put that question aside for a moment and look at these recent observations:

  • My Chinese teacher, upon visiting my apartment, ogles my 17-inch MacBook Pro and 24-inch Apple screen. She goes so far as to run her fingers over the logo. “Made in China!” she beams. There is pride in the fact that Apple devices are made here, even if the IP comes from elsewhere. They are obviously built very well, which is more than you can currently say about Chinese-assembled cars or buildings. Apple computers may well be the most famous high-quality product coming out of China right now, and the


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Web Video FIVE Years After YouTube…Meh!

Web Video FIVE Years After YouTube…Meh!

Courtesy of Howard Lindzon 

The hottest thing in web video in the 5 years since Youtube was launched is a site I am too scared to log into…

I am not sure if that is good or bad.

It seems longer, but YouTube is now 5 years old .

The Russian YOOT who started today’s hottest site – ChatRoulette – is only 17 years of age. Fred has some more stats and links about the kid and his site .

You may have your opinions about web video, but two numbers matter to me…5 (age of YouTube) and 17 (age of chatroulette founder). If you think we are anywhere but inning two, you just can’t handle the truth.

This industry is so young and moving so fast that my own Wallstrip seems like 50 years ago. In fact, our very first show was only 3.5 years ago (makes sense that $AAPL was our first show in a show about stocks and trends):

 

With an industry this hot and this early, it seems surprising that there have been so few hits and so little on innovation (pre-rolls for christ sakes still).

Ashkan has a great series of posts on who, what, when, where, who and finally why so few are making money in the web video space .

I believe a lot of what Ashkan says is true and I also believe that Google’s $GOOG massive pay up for YouTube just threw off the whole industry.

I also believe enough time has passed that the next stage in web video is upon us. There will be more winners. The iPad won’t hurt things either.


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We Have Seen The Amazing Future Of Apple’s iPad And This Is It

We Have Seen The Amazing Future Of Apple’s iPad And This Is It

Courtesy of Henry Blodget at Clusterstock/Business Insider

steve jobs ipad apple APWe, too, were disappointed by the debut of Apple’s latest creation.  After all the excitement and possibilities, it just fell flat. 

But there were two revolutionary and profound elements to the launch: 

  • The price
  • The way in which the iPad is likely to be used, which is fundamentally different than how both computers AND mobile gadgets are used

On price, we don’t mean the price for the full-fledged 3G 64G iPad version ($829), which is way too expensive for a big mobile device (especially with the $30/month AT&T contract).  We mean the price for the stripped down WiFi-only 16G version: $499.

And it’s not today’s $499 price that’s important--$499 is still too expensive for what the iPad is.  It’s where the $499 is headed over the next couple of years. 

If iPad prices follow the trend of iPod, iPhone, and other gadget prices, we should be able to buy the low-end version for $299 in two years and $199 in three years.  At $199, especially, the whole game changes.

Apple's Insidious Plan To Force Advertisers To Use Apple's Ad TechnologyWhy?

Because of the way the iPad is likely to be used.

On stage on Wednesday, Steve Jobs demonstrated the primary use case for the iPad: Puttering around the house.  Note that Steve did not demonstrate the iPad by walking around the stage (mobile) or working at a desk (office).  Note that he did not play up its productivity benefits (the sales pitch for most PCs and laptops) nor its communications benefits (the sales pitch for most mobile computing gadgets).  Steve focused on something different: media consumption and entertainment for the home.

In three years, when the low-end WiFi-powered iPad costs $199, many households will buy 3 or 4 of them and just leave them lying around the house.  These iPads won’t be "owned" by any one member of the household, the way PCs and cell phones are.  They won’t live on desks, the way desktops do, and they won’t be carried everywhere, the way mobile phones are.  They’ll just be there, around the house, on tables and counters, the way today’s books, magazines, games, and newspapers are, booted up, ready to use. 

You’ll be able to play two-person games on them (also revolutionary for a…
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The New IPad Is Here!

Could Apple sell 2 million units of the new tablet at $600 each to generate $1.2 billion in 2010? Piper Jaffray analyst Gene Munster thinks they will.Apple generated almost $35B in revenue during the last 12 months.  If Munster is correct, the tablet could have a nice 3%+ impact on revenue and improve year-over-year revenue growth.Expectations are that it will be similar to the iPod touch but larger and capable of running most of the iPhone Apps and include a 3G cellular modem.Huge discussion on TechMeme.Kara Swisher / BoomTown:   The Jesus Tablet Will Walk on Water and Turn Fishes Into Moneyinternetnews.com:   Apple Touchscreen ‘iPad’ Could Take on NetbooksEric Slivka / MacRumors:   New Analyst Mockup and Sales Estimates for Apple’s TabletThe Mac Observer:   Analyst: Apple Tablet Worth $1.2 BillionDerek Thompson / The Atlantic Business Channel:   Apple Tablet: Super E-Reader or Super Mini-Computer?Finally I’m getting my IPad! 

It was almost a year ago when I said to members on Dec 30th: "AAPL just announced a deal to do Ebooks on IPhones and ITouch and that is the intermediate step towards the IPad, which should be a 2-3x size version of the IPhone that takes the place of a Kindle or a laptop or a notepad or…"

At the time AAPL was trading at a paltry $86 a share and we were BUYBUYBUYing.  The context of that chat comment was AAPL had been under attack on the Steve Jobs health concerns and Jim Cramer was "fomenting" a rumor that AAPL was going to issue a warning on Q4, which I referred to as "typical pre-holiday BS….  Day before a holiday, little chance of getting a confirmation or denial from AAPL as key execs aren’t reachable."  As AAPL continued to fall, we continued to buy because IT DID NOT CHANGE OUR FUNDAMENTAL OUTLOOK ON THE COMPANY.  I went on to say:

Notice the timing of this article that hit the Mac Daily News at 12:09, just ahead of the rumors.  This way, the hyenas who plant the rumors cause GOOG to bring up a "legitimate" news story concerning Jobs’ health to make the whole thing seem legitimate.  Don’t forget MacWorld is next week and these attacks often occur ahead of AAPL events.

Here’s some real news on AAPL, IPhone browser share jumped 36% Christmas week.  57% of all mobile browser requests came from IPhones, up from 42% the week before Xmas so either a lot of people opened up IPhones under the tree or they are just so darn usesful that people who are home for the holidays use their IPhone like a computer

If you want the real lowdown on the Cramer conspiracy, don’t take my word for it, Apple Insider got the goods on him by March 13th of this year but, by then Apple was back at $95 and on it’s way back to $170 already.  As fundamental investors, you just have to know when to put your foot down!  Apple Insider is a great read but here is the part you MUST know if you want to understand why we love to go against what the Crookmeister General says to his sheeple on TV.  This is a great view of how the guy "who
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Phil's Favorites

Phil's Stock World Trading Webinar 8-25-15

This week's major topics: 5% Rule, Short-term and Butterfly Portfolios, Trade Ideas, MSFT, NASDAQ, SPX, S&P, AMZN, WMT, BBY, AAPL, China, and Global Implications

Subscribe to The Phil's Stock World YouTube Channel here.

  • 00:00 Disclosure
  • 2:40 Butterfly portfolio, review positions, MSFT, WMT trade ideas
  • 17:28 Hedges
  • 24:50 Short-term portfolio, review positions, hedging
  • 35:00 NASDAQ, AAPL, S&P, AMZN, WMT, McDonald's, Uber trade Ideas
  • 58:00 MSFT, IBM, HP, trade ideas
  • 1:09:20 Hedge SPX trade ideas, review positions
  • 1:21:15 BBY, AMZN, AAPL, trade ideas ...


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Zero Hedge

Dis-Integrating America

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by Pat Buchanan via Buchanan.org,

The Wednesday morning murders of 24-year-old Roanoke TV reporter Alison Parker and cameraman Adam Ward, 27, were a racist atrocity, a hate crime. Were they not white, they would be alive today.

Their killer, Vester L. Flanagan II, said as much in his farewell screed. He ordered his murder weapon, he said, two days after the slaughter of nine congregants at the African-American AME church in Charleston, South Carolina.

“What sent me over the top was the church shooting,” said Flanagan.

To be sure, racism does not fully explain why Flanagan, fired from that sa...



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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

After all that, the stock market finished the week higher (Business Insider)

The stock market had a wild ride this week. And it ultimately ended up even better than it started. 

This week we saw a 1,000 point drop in the Dow in minutes, another drop of around 600 points in an hour of trading, and another day that saw one of the largest single-day point gains for the Dow in history.

Worried about your investments? Here’s the best advice (Market Watch)

The market is on a ...



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Chart School

Gann Angles advise which stocks should be in your portfolio

Courtesy of Read the Ticker.

Gann Angles are great for stock selection, the momentum trader, and judging corrections.

Here is a winning stock, Gann Angle 4x1 is holding the trend of PriceLine. Amazing trend!

Other stocks in this 7 year bull market like AAPL and SBUX have had great Gann angle supporting trends.

Click for popup. Clear your browser cache if image is not showing.



NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

...“Stocks create their own field of action and power; power to attract and repel,which principle explains why certain stocks at times lead the market...



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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...

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Kimble Charting Solutions

Dangerous Place for a kiss of resistance, says Joe

Courtesy of Chris Kimble.

Anyone noticed its been a wild week? Has anything been proven with all the volatility the past 5-days?

What happens at (1) below, could tell us a good deal about what type of damage did or didn’t take place this week!

CLICK ON CHART TO ENLARGE

The large decline on Monday cause the S&P 500 to break support of this rising channel.

The mid-week rally pushed the S&P higher and as of this morning it is kissing the underside of old support as resistance now, near the 50% retracement level of the large decline over the past few weeks.

Why could th...



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Sabrient

Sector Detector: Finally, market capitulation gives bulls a real test of conviction, plus perhaps a buying opportunity

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

Courtesy of Sabrient Systems and Gradient Analytics

The dark veil around China is creating a little too much uncertainty for investors, with the usual fear mongers piling on and sending the vast buy-the-dip crowd running for the sidelines until the smoke clears. Furthermore, Sabrient’s fundamentals-based SectorCast rankings have been flashing near-term defensive signals. The end result is a long overdue capitulation event that has left no market segment unscathed in its mass carnage. The historically long technical consolidation finally came to the point of having to break one way or the other, and it decided to break hard to the downside, actually testing the lows from last ...



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OpTrader

Swing trading portfolio - week of August 24th, 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 ...



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ValueWalk

Some Hedge Funds "Hedged" During Stock Market Sell Off, Others Not As Risk Focused

By Mark Melin. Originally published at ValueWalk.

With the VIX index jumping 120 percent on a weekly basis, the most in its history, and with the index measuring volatility or "fear" up near 47 percent on the day, one might think professional investors might be concerned. While the sell off did surprise some, certain hedge fund managers have started to dip their toes in the water to buy stocks they have on their accumulation list, while other algorithmic strategies are actually prospering in this volatile but generally consistently trending market.

Stock market sell off surprises some while others were prepared and are hedged prospering

While so...



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Digital Currencies

Bitcoin Battered After "Governance Coup"

Courtesy of ZeroHedge. View original post here.

Naysyers are warning that the recent plunge in Bitcoin prices - from almost $318 at its peak during the Greek crisis, to $221 yesterday - is due to growing power struggle over the future of the cryptocurrency that is dividing its lead developers. On Saturday, a rival version of the current software was released by two bitcoin big guns. As Reuters reports, Bitcoin XT would increase the block size to 8 megabytes enabling more transactions to be processed every second. Those who oppose Bitcoin XT say the bigger block size jeopardizes the vision of a decentralized payments system that bitcoin is built on with some believing ...



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Pharmboy

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 ...



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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. 

Since...



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Promotions

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...

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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.

http://www.youcaring.com/medical-fundraiser/help-get-shadowfax-out-from-the-darkness-of-medical-bills-/126743

Thank you for you time!




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