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Posts Tagged ‘market’

iCONOMICS: Six Key Takeaways From the Era of Apple

Courtesy of Joshua M Brown, The Reformed Broker 

Apple Inc. iConomics is a word I’ve created to capture the state of doing business in a world that Apple ($AAPL) owns and the rest of us just live in.

Regular readers know that I am a fairly astute observer of market trends and themes.  While lots of ink has been spilled about Apple’s ascendancy, no one has really yet formulated a good list of takeaways from it all.  Below are what I view to be the key lessons for companies in the Era of Apple…

1. Don’t just invent the product, invent the market:

Nobody knew they needed an in-home Keurig machine to make cup after cup of coffee until Green Mountain Coffee ($GMCR) convinced them that they did.  In much the same way, Microsoft had tried and failed repeatedly to kickstart a market for tablet computers over the last decade.  Each failure was blamed on there being no market for the devices.  Funny, Apple’s iPad came into the world with a similar lack of a market for tablets – so it had to invent one.

2. Pick needy partners:

Jamie Dimon awoke to his destiny in early 2008 as one of the few remaining pillars of strength in the financial world.  While all the other bank CEOs were running around trying to do deals with each other, Dimon’s JPMorgan ($JPM) was busy partering with the government.  He and his resources were needed so badly that he was handed Bear Stearns almost for free – a price he voluntarily raised it on his own because it was such an embarrassingly good deal.  As the government got even more needy, it handed its new partner Washington Mutual while simultaneously eating all the bad debt – too good to be true.  In much the same way, Apple launched its iPhone with the neediest of partners – the combining Cingular/AT&T ($T) colossus that, above all, needed a hit phone to overcome their patchwork coverage network.  Apple was handed a monumental opportunity to have its untested hardware pushed to millions of new customers.

3. Consumer tastes are overrated:

Steve Jobs isn’t one of those guys who test-markets stuff to death.  Rather than try to innovate by committee, he relies on his own taste and the prowess of his designers and engineers.  And it works.  He is delivering functionality like music-playing, web-accessing…
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ARe You ReaDY To ReMeMBeR…Today for the Rest of Your Life?

ARe You ReaDY To ReMeMBeR…Today for the Rest of Your Life? 

Courtesy of William Banzai7Zero Hedge 

A 

Apple is apparently ready to make another big announcement today. This will supposedly be yet another day that we will never forget.

This got me thinking about how many days there have been in my life so far that I will really never forget.

I vaguely remember being born. Lots of bright lights. I remember getting my first bicycle. I can remember a particular summer vacation day in New Hampshire when I was about 5 years old. I remember exactly where I was when JFK was assassinated. I don’t remember the Martin Luther King or Bobby Kennedy assassinations very well. I remember seeing Jimi Hendrix live in NYC. I remember some other important days like my high school and college graduations, the days my kids were born, the day I was married…and divorced. I remember 9/11 very well, I remember the day AIG claimed they had absolutely no exposure to subprime risk and I remember the September day Lehman tanked. I remember the day Paulsen and Bernanke said we were all doomed and I remember the day Obama was elected…

What could Apple possibly be planning that we will never forget?

Can it be this?

SIT 

or this?

AAPL2

How about this…

JOB

or maybe even this…

JOB2

or this…

Job3

All of the above would probably excite me more than an Beatles/Apple music deal with iTunes or an announcement concerning live streaming iTunes. But I am not quite sure I would remember any of it for the rest of my life.

Here, however, is an event I am pretty sure I would remember at least until the next AAPL quarterly announcement…

FIGHT CLUB

AAPL Fight Club 2010

 

I remember the last time I heard this type of extraordinary claim coming from a Silicon Valley darling…

Cisco

But I can’t remember what it was that they announced.

AAPL…10:00 AM EST today…

"The easiest way to attract a crowd is to let it be known that at a given time and a given place someone is going to attempt something that in the event of failure will mean sudden death."--Harry Houdini

 

UPDATE

APPLES

 


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Bullish….Bearish… or Neither

Chris, on being neitherish, i.e., how he views the markets. – Ilene 

Bullish….Bearish… or Neither

Courtesy of Chris Kimble 

Am I Bullish, Bearish or Neither?

Choice “C”…Niether!

I am of the opinion, being Bullish or Bearish are emotional states of mind.  They are NOT STRATEGIES.  I believe that we should invest in each asset on its own individual merits/patterns, not based upon some global macro prediction.

Did I suggest to buy the 500 index (see post) and become “BULLISH” on 8/29 because the economy was fine? NO!  Bought the 500 Index due to these conditions…Bottom of channel support and a falling wedge and by the way, the fewest investors bullish since the March 2009 low.  NOTHING MORE!

Did I harvest the S&P 500 position and become “BEARISH” yesterday (see post) , after an 8% gain in three weeks, because something is bad about the economy? NO!  Harvested due to Fibonacci resistance at the top of a trading range. NOTHING MORE! 

Did I buy Silver a month ago (see post) because something is wrong with the dollar or that inflation is going to go wild or….NOPE!  I bought Silver on an upside breakout from a favorable pattern,  an ascending triangle . NOTHING MORE!

Why own Emerging Markets or Brazil right now?  Falling channel breakouts!  (See Post)  NOTHING MORE! 

Why own High Yield mutual funds?  A breakout of a flag pattern and above moving averages (see post) . NOTHING MORE!

Why BUY HOME BUILDERS XHB  (see post) when so many people are BEARISH on this industry?  Because of rising channel support plus a sizeable falling wedge after a 30% decline. NOTHING MORE!   (Current gain of over 12%!)

Will we buy the 500 index and other global markets  (see post)  on an upside break of these long-term falling channels? YES!!!

My goal is to try to provide solutions,  that will help investors “inflate portfolios, regardless of market direction by way of the Power of the Pattern!”    I will leave the Bullish or Bearish elements of this business to people much smarter than myself.

Chris


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Billionaire Ken Fisher Explains His Biases

Billionaire Ken Fisher Explains His Biases

Courtesy of Mish 

Ken Fisher says high levels of pessimism are a reason to buy stocks. Please consider Kenneth Fisher Recommends Stocks as Pessimism Surges.

Rising levels of investor pessimism are a reason to buy equities now, billionaire Kenneth Fisher said today.

“I’m never going to be bearish when people are pessimistic,” Fisher, who oversees $35 billion from Woodside, California, said in an interview on “Bloomberg Surveillance” with Tom Keene. “My bias when pessimism is high is to own equities.”

Explaining Ken Fisher’s Bias

Ken Fisher’s bias is to own stocks come hell or high water. Fisher’s recommendations have as much to do with optimism or pessimism as the planet Pluto does with an octopus.

Fisher makes money being perpetually bullish on equities. It certainly helps that Fisher peddles advice that people and pension funds want to hear.

It is amazing how much money one can make mismanaging money in conjunction with a remarkably successful advertising program.

Addendum

Flashback February 26, 2007
Housing Boom!

For months now the debate has been over whether America will have a hard landing or soft landing, the answer hinging on how big 2007′s housing disaster turns out to be. Well, there won’t be any housing disaster. We won’t have a landing at all, soft or hard. Right now the U.S. and global economies are both accelerating.

The consensus forecast is for single-digit S&P 500 earnings growth tied to a slowing economy. Disbelieve it. Experts’ forecasts have been too low for four years and will be now. First, the accelerating economy will deliver earnings that exceed expectations.

This is a time to own stocks. Here are some companies that will participate in the prosperous economy of 2007:

Home builder Pulte Homes – PHM
Toll Brothers – TOL
Beazer Homes – BZH

Absurdities

Look – Anyone can be wrong, but quite frankly that is absurdly wrong.

Pulte Homes was $34 then. It is $8 now.
Toll Brothers was $34 then. It is $16 now.
Beazer Homes was $44 then. It is $3.75 now.

Someone let me know if he ever issued a sell signal on those.

Regardless, Ken Fisher is consistently bullish. In fact he HAS to be bullish because you cannot manage $35 billion without being bullish. Ken Fisher’s advice is designed to do one thing – make money for Ken Fisher.

Mike "Mish" Shedlock

Photo from Psychology Today.


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DARK HORSE HEDGE UPDATE

DARK HORSE HEDGE UPDATE 

Black and white tilted view of horse grazing in meadow with wooden fence in foreground

By Scott at Sabrient and Ilene of PSW

You can run, you can run, tell my friend-boy, Willie Brown.
You can run, tell my friend-boy, Willie Brown.
Lord, that I’m standin’ at the crossroad, babe,
I believe I’m sinking down.

- Crossroads, Robert Johnson

Heading into Friday July 23, 2010 the market is again at a technical crossroad with the SPX closing Thursday at 1093.7, above the 50-day Moving Average of 1085.5. The MACD 12-26-9 remains close but still under the (zero) signal line at -1.13, with the RSI 14-day at 45.26.  There is lateral resistance at the 1096 level from the close last Thursday showing how the market has traveled a long way the past week to get nowhere.

Amazon.com Inc. (AMZN) fell short of analysts’ forecasts after Thursday’s close and was down 14% in after-hours trading, suggesting that the market may follow the pattern it has been in most of the summer.

Up 200, down 200, up 200, down 200 - wash out your savings, rinse and repeat!  What a total sham of a market we have these days with machines running us up and down on virtually no news at all.  Yesterday they would have you believe that Ben Bernanke caused a sell-off. How ridiculous is that?  He didn’t say one thing that he didn’t already say in the Fed Minutes that were released on the 14th, which were the notes from the meeting of June 23rd so for analysts to get on TV and say “the markets were concerned by the Chairman’s comments” is beyond stupid – it’s criminal negligence.  Phil’s Thrill-Ride Thursday.


[chart from freestockchart.com]

Thursday’s economic releases were less than encouraging with a jump in the number of people seeking unemployment benefits. Sales of previously owned homes fell, but the market shrugged it off as seasonal and rallied on the earnings of Caterpillar Inc., UPS Inc., and others that beat estimates. However, the SPX hasn’t been able to break through resistance at 1096 and essentially has gone nowhere since last Thursday.…
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Gold and Silver Intermediate Targets

Gold and Silver Intermediate Targets

Courtesy of JESSE’S CAFÉ AMÉRICAIN

Both Gold and Silver bullion have inverse H&S formations ‘working’ on their weekly charts with the breakouts above their current necklines.

As is easily seen on the gold chart below, this bull market move is a series of inverse head and shoulders bottoming formation as the gold bull struggles to rise against determined shorting from the bullion banks. Each formation is more properly called a ‘consolidation formation in an uptrend’ rather than a bottom.

Gold is currently above the neckline which is around $1200. While it remains above this neckline, the target for this leg of the move would be $1350 as a minimum measuring objective. 

If the price breaks below 1200 it is no longer an active formation, but it remains potential while the price is above 1044.

Silver is much more volatile than gold, with a significantly higher risk beta. This is important to note if you are using any sort of leverage, including miners that have a heavy exposure to silver.

Silver has a massive inverse H&S bottom, that is ‘working’ while it is above 18.80. The target for this move is around $30 per ounce. But it remains valid and potential while the price of silver is above 16.

If the price of silver falls below 18.80 then the formation is not active. 

The relationship between the miners and the bullion is leveraged, with a beta exposure to the SP 500. Further, gold is a more pure currency play than silver, which has a partial correlation to its industrial use.

It should be noted that in our opinion both markets are being subjected to significant manipulation by large short interests, which are particularly concentrated in the case of silver, and especially stubborn and ‘official’ in the case of gold, involving the central banks. This is our judgement based on the circumstantial evidence.

We also suspect that the Fed is buying across the US Treasury curve, but especially at the longer durations, and that the Treasury and Fed are working with one or more groups to support the equity markets primarily through the SP futures.

This adds quite a bit to the picture, although it is difficult to forecast since it is not natural market action and can distort the trends, but only in the short term. 


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Roubini: “The US Economy Is Unsustainable”

Roubini: "The US Economy Is Unsustainable"

Courtesy of Tyler Durden

Red Bull Air Race Perth - Training Day

Yesterday Nassim Taleb said that his primary concern about an upcoming "Black Swan" is a failed Treasury Auction. This is precisely what Zero Hedge has been concerned about for the past year, although we feel that this event will likely be at least marginally telegraphed, either in the form of Direct Bidders taking down close to 50% of each auction (with the Primary Dealers monetizing the balance), and an accelerated flattening of the yield curve. Last night, Roubini, who has apparently thrown away the mantle of moderation and is back to his gloomier ways, said that he worries "that with a trillion deficit this year and next year, 2012, and for as far as the eye can see, eventually, not this year, but the next year, the markets are going to wake up and say, this is unsustainable." In other words whether via the Treasury market, or some other way, at some point the balance will shift from one where the market still believes that reserve currency is enough of a backstop to prevent the collapse of the US, to a regime where incremental bailouts will be seen as negative. That moment will be true black swan, and the beginning of the end of the great US experiment.

Back to Roubini, who in his last night’s interview with Fox Business’ Neil Cavuto is about as bearish as we remember him from the doom and gloom days of early 2008.

On Greece being the tip of the iceberg:

“In my view what is happening in Greece is just the tip of an iceberg.  With private debt in many parts of the world, we socialize these private losses.  Now with large budget deficits in Europe, in Japan, in the United States.  The bond market vigilantes have woken up in Greece, in Portugal, in Spain.

At some point they’re going to wake up in the U.K., in Japan, in the United States.  We’re running a 3.5 budget deficit.  It is obviously over time not sustainable.”
 
On why there has not been any market discipline:

“The Fed has near zero rates.  There is low growth.  There is still deflation.  So for a number of reasons, interest rates are still low.  That is why there is no market discipline. This is unsustainable.  There is going to…
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BIDU Weekly

This is perhaps one of the best examples of Allan’s trend trading system.  Allan says that BIDU is an excellent trender and his system would have got you in sometime in January, though the last weekly signal was back in 2009. For you bears, his system should catch a trend reversal early.  (It’s hard not to look at that chart and anticipate a BID adieU moment, but maybe that’s just me.) Anyway, Allan’s system is easy to trade and you’d only be looking at signals on Monday morning. – Ilene 

BIDU Weekly – Update 

Courtesy of Allan

I wrote up the Weekly Trade Model of BIDU back in January.  It has turned into one of big success stories of the Trend Models:

 BIDU Weekly Trend Model

We knew in January that BIDU trended well and was a good stock to trade in a longer-term model.   Although they all don’t trend this well, having one or two that do, make up for any that don’t.  Another "Basket" idea in the making? 

 

And the market as a whole?  

Says Allan: Back to Trends.

Notwithstanding my personal trend line, the market’s trend has been up since mid February.

 

SPX Daily Trend Model

 

The beauty and simplicity of this directional model cannot be overstated.  The up-trend continues, as it will until it reverses.  Trade accordingly.

Allan just launched a newsletter, “Trend Following Trading Model,” to go with the trading system he’s been working on for years. His trend-following method is chart-based and objective. Most trades last for weeks to months. Allan’s offering PSW readers a special 25% discount. Click here.  For a more detailed introduction to the Trend Following Trading Model newsletter and trading system, read this introductory article. – Ilene 


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MORGAN STANLEY: PREPARE FOR A SELL-OFF

Pragcap looked and looked and looked and found it. One lone bank afloat in bull-land sea sees risk in the market waters. – Ilene 

MORGAN STANLEY: PREPARE FOR A SELL-OFF

Courtesy of The Pragmatic Capitalist 

It wasn’t easy to find in this sea of bulls, but there is actually a bank out there that is not full-blown bullish following the huge rally of the last month.  Morgan Stanley says investors should prepare for a sell-off in the coming weeks as the market has gotten ahead of itself. Their equity analysts say the risks have risen in the near-term as sentiment swings wildly positive (see here) and risk assets run ahead of themselves.

Morgan Stanley says these two risks could overshadow the market in the coming weeks as investors adjust their portfolios to account for the large discrepancy between bulls/bears and risk assets versus lower risk assets.  According to Morgan Stanley the put/call ratio represents overly bullish sentiment levels that are historically followed by sell-offs. In addition, the sign of excessive risk can be best seen in the run-up in the small cap vs. large cap ratio.  Risk assets, represented by the Russell here, have surged to their highest ratio in terms of large caps in the last 12 months:

ms1 MORGAN STANLEY: PREPARE FOR A SELL OFF

Source: Morgan Stanley  


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Mad Dash Into the Year End Statement Print

Mad Dash Into the Year End Statement Print

Courtesy of RobotTrader

Hapless short-sellers howling again over the weekend about "head and shoulders breakdowns", myriad Elliot Wave patterns pointing to a "speed crash", etc. made for some easy meat for the Goldman Prop Desk Traders.  The tape was turned and suddenly all the fund managers scrambling to raise cash were suddenly buying anything and everything to make sure they were fully invested in the "right stocks" by year end.

Once again showing how easily the Wildebeest Herd is spooked from running from one direction to another.  Amazing how Goldman can use its Air Horn to turn the tape and book another $100 million daily "Layup Trade".

Leaving your typical, blue-blood GS Prop Desk trader laughing at his largest clients once again.  Don’t you hate these guys?  Same guys in High School who always had an advance copy of the test answers and always aced the exam despite binge drinking Bacardi 151 the night before.

 

What was running today?  The usual suspects.  At least until 2:00pm, an uninterrupted meltup in financials and REITs:

And bonds were unfazed by the huge debt offering unleashed by Uncle Sam, as another 300%+ oversubscription assured that low rates would remain forever, and "Animal Spirits" will run wild among the risk trade speculators.

Performance anxiety cannnot be underestimated among the junior fund managers, otherwise classified as "bankers" by the Junior Leaguers, who do not want to tell their fathers that they are dating a "trader" or "gambler".

Now the race is on as to who can beat the S & P, who can beat the 9999 other hedge fund managers, etc. to get that fat year end bonus.

Imagine being a 26-year old fund manager.  And your relationship is on the rocks.  Primarily because your 24-year old hot girlfriend thinks you have a dead end job with no potential for huge upside.  And your hot girlfriend is being regularly propositioned by Iranian plastic surgeons from Beverly Hills, Greek shipping magnates, professional athletes, Formula One race car drivers from Italy, and all the rest.

And she’s "bored" with the relationship.  And you know you will never find another chick with a hotter body.

And you have to "make your year" all in one fell swoop during the 4th quarter.

What kind of stocks are you going to buy?

Obviously, there are…
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Zero Hedge

The Global Monetary Reset Is Under Way

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Via Zero Hedge comments from AI Tinfoil,

The Global Monetary Reset is under way, but people have not noticed it yet. The key is the move to zero interest rates.

Government debt almost everywhere is too high to ever pay off, let alone pay a traditional rate of interest on.  As debts come due, including as bond issues mature, the only option governments have is to roll over the debt and accumulated interest, and the only way they can afford to do that is if money printing is a continued practice and interest rates are at or near zero.  QE ...



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Phil's Favorites

OPEC Blames Speculators, Non-OPEC Countries, US Frackers for Oil Price Crash

Courtesy of Mish.

OPEC is pointing the finger at speculators as well as Non-OPEC countries, but especially US shale producers for the crude price crash.

Let's explore that idea in a series of charts. But first let's take a look at the allegation.

The Wall Street Journal reports Gulf Oil Exporters Blame Non-OPEC Producers for Glut.
Gulf oil officials on Sunday defended OPEC’s decision last month to keep its production ceiling intact, blaming producers outside of the group for the glut of oil on the market that has depressed prices.

Speaking at an energy conference in Abu Dhabi, Saudi Oil Minister Ali al-Naimi blamed a lack of coordination from producers outside the Organization of the Petroleum Exporting Countries&#...



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Pharmboy

2015 - Biotech Fever

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

PSW Members - well, what a year for biotechs!   The Biotech Index (IBB) is up a whopping 40%, beating the S&P hands down!  The healthcare sector has had a number of high flying IPOs, and beat the Tech Sector in total nubmer of IPOs in the past 12 months.  What could go wrong?

Phil has given his Secret Santa Inflation Hedges for 2015, and since I have been trying to keep my head above water between work, PSW, and baseball with my boys...it is time that something is put together for PSW on biotechs in 2015.

Cancer and fibrosis remain two of the hottest areas for VC backed biotechs to invest their monies.  A number of companies have gone IPO which have drugs/technologies that fight cancer, includin...



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Chart School

Can you make a living trading Springs and UpThrusts?

Courtesy of Read the Ticker.

We tell the truth about trading springs and upthrusts, no holding back!

More from RTT Tv

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...

..“The market always tells you what to do. It tells you: Get in. Get out. Move your stop. Close out. Stay neutral. Wait for a better chance. All these things the market is continually impressing upon you, and you must get into the frame of mind where you are in reality taking your orders from the action of the market itself — from the tape.”…

Richard D. Wyckoff
.."Markets are constantly in a state of unce...



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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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Insider Scoop

#PreMarket Prep Guest List For The Week Of December 22, 2014

Courtesy of Benzinga.

Brian Kelly, Curtis Erickson and Jerremy Newsome will all be guests on this shortened week of Benzinga's #PreMarket Prep broadcast, sponsored by Nadex.

Be sure to tune in at 8:00 am EST Monday-Friday here to tune in to the exciting show.

Don’t miss our #FedForecast2015 event either!

You can learn more about that here.

Monday, December 22, 8:35 a.m.

Jonathan Corpina (...



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Digital Currencies

Chart o' the Day: Don't "Invest" in Stupid Sh*t

Joshua commented on the QZ article I posted a couple days ago and perfectly summarized the take-home message into an Investing Lesson. 

Chart o’ the Day: Don’t “Invest” in Stupid Sh*t

Courtesy of 

The chart above comes from Matt Phillips at Quartz and is a good reminder of why you shouldn’t invest in s...



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OpTrader

Swing trading portfolio - week of December 15th, 2014

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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Sabrient

Sector Detector: Energy sector rains on bulls' parade, but skies may clear soon

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

Courtesy of Scott Martindale of Sabrient Systems and Gradient Analytics

Stocks have needed a reason to take a breather and pull back in this long-standing ultra-bullish climate, with strong economic data and seasonality providing impressive tailwinds -- and plummeting oil prices certainly have given it to them. But this minor pullback was fully expected and indeed desirable for market health. The future remains bright for the U.S. economy and corporate profits despite the collapse in oil, and now the overbought technical condition has been relieved. While most sectors are gathering fundamental support and our sector rotation model remains bullish, the Energy sector looks fundamentally weak and continues to ran...



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Stock World Weekly

Stock World Weekly

Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.

Here's this week's Stock World Weekly.

Click here and sign in with your user name and password. 

 

...

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Option Review

SPX Call Spread Eyes Fresh Record Highs By Year End

Stocks got off to a rocky start on the first trading day in December, with the S&P 500 Index slipping just below 2050 on Monday. Based on one large bullish SPX options trade executed on Wednesday, however, such price action is not likely to break the trend of strong gains observed in the benchmark index since mid-October. It looks like one options market participant purchased 25,000 of the 31Dec’14 2105/2115 call spreads at a net premium of $2.70 each. The trade cost $6.75mm to put on, and represents the maximum potential loss on the position should the 2105 calls expire worthless at the end of December. The call spread could reap profits of as much as $7.30 per spread, or $18.25mm, in the event that the SPX ends the year above 2115. The index would need to rally 2.0% over the current level...



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Market Shadows

Official Moves in the Market Shadows' Virtual Portfolio

By Ilene 

I officially bought 250 shares of EZCH at $18.76 and sold 300 shares of IGT at $17.09 in Market Shadows' Virtual Portfolio yesterday (Fri. 11-21).

Click here for Thursday's post where I was thinking about buying EZCH. After further reading, I decided to add it to the virtual portfolio and to sell IGT and several other stocks, which we'll be saying goodbye to next week.

Notes

1. 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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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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