Posts Tagged ‘Las Vegas’

Time is running out! Join us in Vegas!

Welcome to Las Vegas!

Join us for the PSW Conference where you'll learn:

  • To BE THE HOUSE – Not the Gambler!!!  
  • How to critically analyze today's markets and economy
  • What strategies to apply to the current market conditions
  • When to hold your trades and when to fix them for bigger gains
  • How to use futures to leverage portfolio returns
  • How to incorporate fundamental analysis for long-term wins
  • The investing trends that will matter next year
  • Our top stock picks for 2015!!!

 

Highlights include:

  • Meet our members and authors at our Annual Nobu Dinner on Saturday (optional)
  • Try to beat Phil in our Poker Tournament (Saturday, optional)
  • Live Education Session Sunday, Nov 9th, 10am – 4pm (Brunch provided.)
  • Dinner at Rao's on Sunday night (optional)
  • Live Market Session Monday, Nov 10th, 6am – 1pm (Breakfast provided.)

 

We're getting special room rates for the Nobu Tower at Caesar's Palace and for Bally's Hotel and Casino as well. (We will send you special reservation information when you register.)

 

Nobu Hotel King RoomRoom Rates are:

  • 5-Star Nobu Hotel (in Caesar's Palace) - Deluxe King room - Saturday and Sunday – just $239/night
  • Bally's (across the street from Caesar's) – Saturday and Sunday – $99/night

 

(For those of your planning to stay longer, either before or after the conference, they're extending a special rate for us for weekdays as well. As it fluctuates with their availability, we don't have a solid price, but it expected to be around $159/night at the Nobu Tower.)

 

Price for BOTH days of the Seminar are: $699 (12 left at this rate):

 

SIGN UP to Join Us HERE!

 

 

 


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There’s still time to JOIN US in LAS VEGAS!

Welcome to Las Vegas!

Join us for the PSW Conference where you'll learn:

  • To BE THE HOUSE – Not the Gambler!!!  
  • How to critically analyze today's markets and economy
  • What strategies to apply to the current market conditions
  • When to hold your trades and when to fix them for bigger gains
  • How to use futures to leverage portfolio returns
  • How to incorporate fundamental analysis for long-term wins
  • The investing trends that will matter next year
  • Our top stock picks for 2015

 

Highlights include:

  • Meet our members and authors at our Annual Nobu Dinner on Saturday (optional)
  • Try to beat Phil in our Poker Tournament (Saturday, optional)
  • Live Education Session Sunday, Nov 9th, 10am – 4pm (Brunch provided.)
  • Live Market Session Monday, Nov 10th, 6am – 1pm (Breakfast provided.)

 

We're getting special room rates for the Nobu Tower at Caesar's Palace and for Bally's Hotel and Casino as well. (We will send you special reservation information when you register.)

 

Nobu Hotel King RoomRoom Rates are:

  • 5-Star Nobu Hotel (in Caesar's Palace) - Deluxe King room - Saturday and Sunday – just $239/night
  • Bally's (across the street from Caesar's) – Saturday and Sunday – $99/night

 

(For those of your planning to stay longer, either before or after the conference, they're extending a special rate for us for weekdays as well. As it fluctuates with their availability, we don't have a solid price, but it expected to be around $159/night at the Nobu Tower.)

 

Price for BOTH days of the Seminar are: $699 (15 left at this rate):

 

SIGN UP to Join Us HERE!

 

 

 


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JOIN US for the PhilStockWorld Las Vegas Conference! Nov 9th & 10th, 2014

Welcome to Las Vegas!

Join us for the PSW Conference where you'll learn:

  • To BE THE HOUSE – Not the Gambler!!!  
  • How to critically analyze today's markets and economy
  • What strategies to apply to the current market conditions
  • When to hold your trades and when to fix them for bigger gains
  • How to use futures to leverage portfolio returns
  • How to incorporate fundamental analysis for long-term wins
  • The investing trends that will matter next year
  • Our top stock picks for 2015

 

Highlights include:

  • Meet our members and authors at our Annual Nobu Dinner on Saturday (optional)
  • Try to beat Phil in our Poker Tournament (Saturday, optional)
  • Live Education Session Sunday, Nov 9th, 10am – 4pm (Brunch provided.)
  • Live Market Session Monday, Nov 10th, 6am – 1pm (Breakfast provided.)

 

We're getting special room rates for the Nobu Tower at Caesar's Palace and for Bally's Hotel and Casino as well. (We will send you special reservation information when you register.)

 

Nobu Hotel King RoomRoom Rates are:

  • 5-Star Nobu Hotel (in Caesar's Palace) - Deluxe King room - Saturday and Sunday – just $239/night
  • Bally's (across the street from Caesar's) – Saturday and Sunday – $99/night

 

(For those of your planning to stay longer, either before or after the conference, they're extending a special rate for us for weekdays as well. As it fluctuates with their availability, we don't have a solid price, but it expected to be around $159/night at the Nobu Tower.)

 

Price for BOTH days of the Seminar are: $699 (20 left at this rate):

 

SIGN UP to Join Us HERE!

 

 

 

 


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Flip Floppin’ Friday – Futures Fly as Fear Fades

obama hugs nurseNothing came of yesterday's Ebola hearings

Here's a picture of President Obama hugging it out with one of the nurses that treated one of the Ebola patients – a strong image for the people as calmer voices begin to prevail – on that front at least.

Markets were also boosted by dovish talk from the usually hawkish Jimmy Bullard, of the St. Louis Fed, who said the Fed should consider delaying plans to end its bond-buying program at the end of this month to halt a decline in expected inflation.  This is what it sounds like when Doves cry at the Fed and, like Prince's mother, the markets are never satisfied but, for this morning at least – we're taking back those weak bounce levels that we told you we'd take back by Friday.  

“The recovery from the lows after Bullard spoke yesterday is another reminder how addicted markets still are to liquidity,” said Deutsche Bank strategist Jim Reid.  “The Fed can certainly help markets but perhaps we really need the ECB to step up a gear for a true recovery,” he added.

SPY DAILYStill, manipulated or not, this gives us two nice reversal days on strong volume and we couldn't be happier as we flipped very bullish in our Short-Term Portfolio and should be able to take full advantage of this rapid recovery.  

Whether or not we maintain that bullish stance into the weekend depends on how our bounce levels hold up today (see Tuesday morning's post for our amazingly accurate predictions of the week's action).  

Keep that in mind when I tell you there is nothing particularly bullish about hitting the weak bounce on the Friday of a drop week – it's merely better than the alternative of FAILING to make those weak bounce lines.  That would have been BAD!!!  Meanwhile, those of you who took our FREE Trade Idea from yesterday's morning post to go long the Russell at 1,050 (the same line we were watching on Tuesday) are now sitting on $4,000 PER CONTRACT gains and I do so hope you are not greedy and set your stops at the 1,090 line.  


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About Time: Wall Street Taking Over Vegas Sports Betting

About Time: Wall Street Taking Over Vegas Sports Betting

Courtesy of Joshua M Brown, The Reformed Broker

This one’s filed under Natural Progression

Cantor Fitzgerald just took over a Las Vegas resort hotel with a sportsbook and wants to turn the speculators there into something more akin to derivatives traders.  I love this idea and I’m surprised it hasn’t already happened yet.

From the Wall Street Journal:

Bond-trading specialist Cantor Fitzgerald in March took over the management of sports betting at the M Resort, a new 390-room hotel and casino on the Strip’s southern edge.

"We wanted to turn gamblers into traders," says Lee Amaitis, the 60-year-old Cantor executive who runs the gambling division, Cantor Gaming.

To do that, the company has transformed Las Vegas sports betting into something it thinks is akin to derivatives trading. By using financial-markets technology, Cantor allows bettors to wager not only on who might win the game or by how much, but also on whether a team can complete its next pass or make a field goal.

OK, I get it.  I like it and will definitely be checking it out.  I bet the Mob won’t like it so much, though.

So what will the New Wall Street-ified Vegas look like?

Cantor’s first move when it took over at the M was to rip out the leather lounge chairs with cup holders and turn the place into something resembling a trading floor.

Bettors now sit in rows of cubicles lined with four screens each. Overhead, a wall of giant monitors flashes the action—though on an October evening, instead of market prices, it was a Monday Night Football match up between the New York Jets and the Miami Dolphins.

Before you know it, the faux-hawks, nipple rings and tattoos will be gone from The Palms in favor of suspenders and Brooks Brothers.  Can’t wait!

Source:

Whether Bonds or Touchdowns, They’re Still a Gamble (WSJ)

 


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Las Vegas And Detroit Are America’s Black Holes

Las Vegas And Detroit Are America’s Black Holes

Courtesy of Joe Weisenthal at Clusterstock

detroit houses tbi
Detroit houses

 


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Less Vegas: The Casino Town Bets on a Comeback

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Less Vegas: The Casino Town Bets on a Comeback

By Joel Stein, courtesy of TIME

I have come for revenge. For years, I’ve hyperventilated at restaurant "tasting menu" checks, forfeited 1,000% markups for bottle service at clubs, neared my credit-card limit for hotel suites, paid usury to strip-club ATMs and pushed far too many chips to the dealer. On this trip, I will get a hotel room for less than the upkeep on the room, eat a meal for near what it costs to serve it and — at least according to a sign in the Cheetahs dressing room berating the strippers for undercharging — get some kind of deal in the VIP room. For the first time ever, it is possible to complete a monetary exchange in Las Vegas and feel bad for the other person.

I, however, feel guiltless about taking advantage when someone is down, and Vegas is way down. This has been the first major recession Vegas has experienced since it became a real city. After two decades as one of the fastest-growing metropolises in the U.S., Las Vegas has seen its population growth flatten. It’s got the highest foreclosure rate of any major metro area, and the unemployment rate jumped from 3.8% to 12.3% in just three years. Even if you have a job, it’s not a good time to have your wage be dependent on lavish tips. The No. 1 convention city has also had a wave of cancellations from the AIG effect — companies don’t want the bad publicity of being seen in Sin City. Just as Las Vegas was the epicenter of the extravagant consumption of the past 20 years, now it’s the deepest crater of the recession over the last year. And while I do want to get my money back, I’m a little worried about seeing the dream sucked out of our most American city, the one with the optimism and possibility of New York City in 1900. The one I’ve, embarrassingly, come to love. (See pictures of hard times hitting Las Vegas.)

But I’m here because Las Vegas is on sale. The hotels, led by Wynn Resorts boss Steve Wynn, slashed room prices to increase occupancy rates to 82% from a low of 72%. On the right day in July, you could…
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Phil's Favorites

Ryan Grim Interviews Elizabeth Warren

 

Via Ryan Grim's newsletter (sign up here): "Eli...



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Zero Hedge

Latvia Bank Crisis: Central Bank In Chaos As ECB Blocks Payments By Third Largest Bank

Courtesy of ZeroHedge. View original post here.

One day after we reported that Latvia's central bank governor - and ECB Governing Council member - Ilmars Rimsevics was detained by Latvia’s anti-corruption authority on Saturday on suspicion of accepting a bribe of more than €100,000, prompting both Latvia's Prime Minister and the president to call on Rimsevics to resign, Latvia now appears to have a full-blown banking crisis on its hands, after the European Central Bank froze all ...



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ValueWalk

Warren Buffett's Advice for Small Business 2018

By joniferdingcong. Originally published at ValueWalk.

The Master Investor gives top tips for budding entrepreneurs, startups, and small businesses.

]]> Get The Full Warren Buffett Series in PDF

Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

The post Warren Buffett’s Advice for Small Business 2018 appeared first on ValueWalk.

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Chart School

Weekly Market Recap Feb 18, 2017

Courtesy of Blain.

BOO YAH! Now that’s more like it!  Your regularly scheduled non stop up market returned this past week with a “5 for 5” week (all 5 days up).  Three of those days were >1% so it was a return of the bulls.  That said to return to the “Trump market” we need to get back to almost no volatility and incremental up days of 0.3% or so 80% of the time.   We noted in last week’s recap the NYSE McClellan Oscillator was still VERY oversold so a “snapback rally” was still on the docket.  That was quite a snapback rally!  So the “easy part” of the bounce just happened – now we will see if we are going to return to a more volatile future or go right back to the sleepy market that tacks on a little 4 out of 5 ...



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Digital Currencies

As Bitcoin Nears $11,000, Here's A History Of Its Biggest Ups And Downs

Courtesy of ZeroHedge. View original post here.

The cryptocurrency rebound off Feb 5th's bloodbath lows (below $6,000 for Bitcoin) has been impressive, as a 'mysterious' massive buyer 'bought the dip' and momentum took care of the rest.

With Bitcoin now nearing $11,000 (almost a double off the lows), ...



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Insider Scoop

Walmart, Target Are Susquehanna's Top Picks Ahead Of Retail Earnings Season

Courtesy of Benzinga.

Related WMT Upcoming Earnings: Hurricane Effects Still Trickling Through For Home Depot? Did Walmart Meet It...

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Biotech

What is 'right to try,' and could it help?

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

 

What is 'right to try,' and could it help?

In this March 18, 2011 photo, Cassidy Hempel waved at hospital staff as she was being treated for a rare disorder. Her mother Chris, left, fought to gain permission for an experimental drug. AP Photo/Marcio Jose Sanchez

Morten Wendelbo, Texas A&M University and Timothy Callaghan, ...



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Mapping The Market

The tricks propagandists use to beat science

Via Jean-Luc

How propagandist beat science – they did it for the tobacco industry and now it's in favor of the energy companies:

The tricks propagandists use to beat science

The original tobacco strategy involved several lines of attack. One of these was to fund research that supported the industry and then publish only the results that fit the required narrative. “For instance, in 1954 the TIRC distributed a pamphlet entitled ‘A Scientific Perspective on the Cigarette Controversy’ to nearly 200,000 doctors, journalists, and policy-makers, in which they emphasized favorable research and questioned results supporting the contrary view,” say Weatherall and co, who call this approach biased production.

A second approach promoted independent research that happened to support ...



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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...



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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 ...



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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...



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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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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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