Posts Tagged ‘missed opportunity’

Another Blown Crisis Triggers a Classic TBP Post

Another Blown Crisis Triggers a Classic TBP Post

Courtesy of Joshua M Brown, The Reformed Broker 

Take the 5 to 10 minutes necessary to read Barry Ritholtz’s version of how Obama’s Oval Office address should have gone (link below).

ripped the address to shreds an hour after it aired as I found the President uninspiring, incredibly non-specific and completely unaware of how much power comes to the Chief in times of crisis.

This President has a chance to make sweeping energy, regulatory and campaign finance reforms now.  Like, today.  His address the other night tells us that he has no such inclinations.

Barry has a list of initiatives that should have been front and center and it’s an instant classic post.  Many of them are idealistic, but you gotta aim high if you want to save the democracy.

Me, I’m a bit more cynical.  I’d say the downfall of our country can be neatly summed up in the image below and everything it represents…

OK, enough of that.  Here’s how The Big Picture would’ve tackled this crisis and moment in time…

Missed Opportunity: BP Gulf of Mexico Disaster (TBP)

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Zero Hedge

Caught On Tape: Russian Warships Launch 26 Cruise Missiles At ISIS Targets

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

On Monday evening, we detailed the Russian hardware being used in Moscow’s campaign to rout anti-regime forces and restore the government of Bashar al-Assad in Syria. 

As we noted in our preface to that feature, “watching Russia effectively humiliate the West by bragging day in and day out is nothing if it’s not amusing, and indeed the leaked diplomatic cable from 2006 which outlines Washington’s intent to effectively start a civil war in Syria leaves one completely uninclined to be at all sympathetic to the ridiculous situation the US and its allies have found thems...

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Phil's Favorites

MH-17 Yet Again, Poring Over the Data (and Translations); Serious Factual Errors by Time and Western Media

Courtesy of Mish.

For most, the shoot-down of flight MH-17 over Ukraine is a forgotten memory. Western media has continually trumped up one of three stories.

  1. Russian-backed rebels did it
  2. Russia did it
  3. Russian-backed rebels did it with Russia's help

The extent to which Western media fabricated all sorts of lies to make those claims is still not widely known or understood.

Reader Jacob Dreizin, a US citizen who speaks and reads Russian, and who works for the US government (but speaks only for himself),  just recently decided to review some video footage and translations offered by Time Magazine on July 17: Russia Is Blocking Justice for the Victims of Flight 17.

Dreizin emailed Time about factual er...

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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

Did The Retail Investor Just Panic?

Courtesy of Chris Kimble.

This mornings post is from good friend Ryan Detrick. I am a big fan of using sentiment to get an edge in trading.  What I’m looking for are assets that are widely hated or widely loved – then going the other way.  In the end, price is the only thing that pays, but over the years I’ve found also considering sentiment can greatly help your portfolio as well.  The issue with using sentiment polls is the person doing the voting might not be telling the truth.  They could simply be talking their book.

Doing one thing, but saying another.

Well, there’s a new sentiment poll that takes care of that for us and looks at what real active inve...

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Insider Scoop

Citi Initiates Sell On JC Penney, Says Any Increased Operating Cash Flow Will Be Match By Increased CapEx, Expects FCF To Remain 'elusive' For Foreseeable Future

Courtesy of Benzinga.

Related JCP JC Penney Flirting With $10 Again Investors Cheer JC Penney Inc. Pension Obligation Redcution Citi starts J.C. Penney at Sell; shares slip (Seeking Alpha)

Citi PT Is $7.00

Latest Ratings for JCP DateFirmActionFromTo Oct 2015CitigroupInitiates Coverage onSell Sep 2015Sterne Agee CRTUpgradesNeutralBuy Aug 2015Deutsche BankUpgradesHoldBuy

... more from Insider


China to join Russia in Syria war


China to join Russia in Syria war By  at Value Walk

While Russia successfully bombs unidentified targets – either ISIS or U.S.-trained rebels – in Syria, China is planning to join Russia’s own emerging coalition by deploying Shenyang J-15, a carrier-based fighter aircraft.

Numerous reports have indicated that China is joining Russia’s airstrike campaign in Syria, which has killed at least 39 civilians, including eight children and eight women.


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Market News

News You Can Use From Phil's Stock World


Financial Markets and Economy

Here’s how Apple, Nike and others avoided $620 billion in taxes (Market Watch)

Big U.S. companies are holding more than $2.1 trillion in profits overseas and are avoiding paying about $620 billion in U.S. taxes, according to a study released Tuesday.

The study by liberal groups Citizens for Tax Justice and the U.S. PIRG Education Fund found that nearly three-quarters of Fortune 500 companies had at least one tax-haven subsidiary in 2014. Bermuda and the Cayman Islands were the most popular tax-haven destinations.


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Chart School

Markets Hold Bulk of Gains

Courtesy of Declan.

Most of the gains were posted pre-market, but bulls were able to hold gains after a couple of days of bullish strength.

The S&P is on course to finish with a spinning top doji. The 50-day MA is just overhead and close to 2,000 psychological resistance. Technicals are close to turning net bullish.

The Nasdaq closed above 20-day MA and has room to run to overhead resistance. Like the S&P, it 's close to turning net bullish technically. Today was a typical consolidation, which given recent price action should be viewed as bullish.


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Sector Detector: Searching for solid support in the face of global headwinds

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

Courtesy of Sabrient Systems and Gradient Analytics

Uncertainty about the health of the global economy led investors to flee U.S. equities during Q3, primarily driven by worries about China's growth prospects and the Federal Reserve’s decision to not raise rates. Sure, there are plenty of real and perceived headwinds, but on balance it seems that a recession here at home is not in the cards. And when you consider sentiment and the technical picture, it appears that a continuation of Friday’s bounce is in store. The question remains as to whether the seasonally strong Q4 will be able to propel the bulls through levels of resistance that have built up.

In this weekly update, I give my view o...

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Swing trading portfolio - week of October 5th, 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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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. 


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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 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!

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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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