Guest View
User: Pass: | become a member
Posts Tagged ‘ORCL’

Options Trade Portends Recovery In Oracle Shares

www.interactivebrokers.com

Today’s tickers: ORCL, MRK & WCG

ORCL - Oracle Corp. – Shares in software company, Oracle Corp., are getting crushed today, down as much as 9.5% to a seven-month low of $30.06, after the company reported fourth-quarter sales that missed estimates for a second consecutive quarter. The sharp move in the price of the underlying on this options expiration Friday sparked heavy trading traffic in ORCL calls and puts today, with volume rising above 108,500 contracts by 11:25 a.m. ET versus the stock’s average daily volume of around 43,000 contracts. Activity in the January 2014 expiry options during the first 20 minutes of the session suggests one strategist is positioning for shares in the largest maker of database software to rebound during the second half of the year. It looks like the trader picked up roughly 5,000 calls at the Jan ‘14 $31 strike for an average premium of $2.13 per contract. The upside calls make money at expiration next year as long as shares in Oracle Corp. rally more than 10% over today’s low of $30.06 to top the average breakeven point at $33.13.

MRK - Merck & Co., Inc. – Shares in drug maker, Merck, are bucking the trend today, up as much as 2.8% in the early going to $47.60 amid a second consecutive session of selling across U.S. equities. Merck’s shares are currently off their highest level of the session to stand higher by 1.0% on the day at $46.77 just before midday in New York. Options traders anticipating continued gains in Merck’s shares in the near term appear to be buying the Jun 28 ’13 expiry weekly calls on the stock today. A burst of activity in the Jun 28 ’13 $48 and $48.5 strike calls just after 9:37 a.m. ET this morning appears to be the work of one trader snapping up more than 500 contracts at each strike at average premiums of $0.32 and $0.19 apiece, respectively. The bullish stance on MRK may pay off should shares in the name rally another…
continue reading


Tags: , ,




Apollo Group Calls In Play As Shares Rally

www.interactivebrokers.com

 

Today’s tickers: APOL, DELL & ORCL

APOL - Apollo Group, Inc. – Shares in for-profit education provider, Apollo Group, are up the most in the S&P 500 Index today after the operator of the University of Phoenix posted better-than-expected second-quarter earnings and sales prior to the opening bell this morning. Apollo shares increased as much as 15% during the first half of the trading session to touch an intraday high of $19.63, the highest level since mid-February. Trading traffic in APOL calls suggest some traders are positioning for the price of the underlying to continue higher in the near term. Weekly call volume is greatest at the Mar. 28 ’13 $20 strike, where upwards of 1,300 contracts changed hands against open interest of 103 lots. It looks like most of the volume was purchased at an average premium of $0.15 apiece, thus positioning call buyers to profit should Apollo’s shares rally another 9.5% over the current price of $18.41 to settle above $20.15 by the end of the shortened trading week. Bullish traders also picked up around 600 calls at the April $20 strike for an average premium of $0.40 each. Shares in Apollo are off their highs of the session, trading up 8.0% at $18.41 as of 11:50 a.m. ET, but are down roughly 60% since this time last year.

DELL - Dell, Inc. – Weekly puts on PC maker, Dell, changed hands on Monday morning amid a 3.0% rally in the price of the stock to $14.56 on news that Blackstone Group LP and Carl Icahn submitted proposals to purchase the company. Put buyers may be locking in gains on the stock’s more than 40% run since the start of the year, or positioning for shares in Dell to falter during the next few trading sessions. The most actively traded weekly options on Dell are the Mar. 28 ’13 $14.5 strike puts, with volume topping 3,500 lots versus open interest of 610 contracts by midday in New York. It looks like most of the put options…
continue reading


Tags: , ,




Ralcorp Call Buyers See Big Overnight Paper Profits; Symantec, Oracle Options Active

www.interactivebrokers.com

 

Today’s tickers: RAH, SYMC & ORCL

RAH - Ralcorp Holdings, Inc. – Shares in the St. Louis, Missouri-based producer of private-brand food products increased more than 25% this morning after packaged food products maker, ConAgra Foods, Inc., agreed to buy Ralcorp for $90.00 a share. Ralcorp Holdings, Inc. shares are currently up 26.3% on the session at $88.71, trading below the deal price announced ahead of the opening bell this morning. Relatively small increases in call open interest following Monday’s trading session indicates one or more strategists who established bullish positions on Ralcorp yesterday are enjoying massive paper profits on those positions today. A review of time and sales data for the Nov. $70 and $80 strike calls reveals 50 calls were purchased at each strike yesterday at premiums of $1.80 and $0.55 apiece, respectively. Double-digit percentage gains in the price of the underlying on news of the ConAgra deal now finds the value of these deep in-the-money call options up big, with last-traded prices of $18.70 and $8.70 each, respectively.

SYMC - Symantec Corp. – Upside call buying on the security, storage and systems software and services provider this morning suggests one or more options traders are preparing for shares in Symantec Corp. to potentially rally to fresh multi-year highs during the next eight weeks. The stock today trades 0.50% higher on the session at $18.39 as of 11:45 a.m. in New York. Symantec’s shares have increased roughly 40% since the end of July when the stock slumped to a two-year low of $13.06. The most actively traded options on SYMC this morning are the Jan. 2013 $21 strike calls, which changed upwards of 6,000 times against open interest of 2,162 contracts. Most of the volume appears to have been purchased for an average premium of $0.14 apiece within the first 10 minutes of the opening bell today. Call buyers stand ready to profit at expiration next year should shares in Symantec rally 15% over the current…
continue reading


Tags: , ,




Options Look For Further Gains In Fortune Brands Home & Security

www.interactivebrokers.com

 

Today’s tickers: FBHS, ORCL & WM

FBHS - Fortune Brands Home & Security, Inc. – Shares in the home and security products company that was spun off from Fortune Brands in 2011 are up 4.5% this morning at $23.27. Call options on the company, which sells products under well-known brands including, Master Lock and Moen, among others, are more active than usual today. Trading traffic in the August expiry calls suggests one or more investors may be positioning for the price of the underlying to rally to the highest level since the spin off. Upwards of 1,000 calls changed hands at the Aug. $25 strike versus previously existing open interest of 105 contracts. It looks like most of the calls were purchased for a premium of $0.40 apiece. Call buyers may profit at expiration next month should shares in FBHS rally another 9.2% to surpass the breakeven price of $25.40. Fortune Brands Home & Security is scheduled to report second-quarter earnings after the close of trading on July 25th.

ORCL - Oracle Corp. – A large bearish spread initiated in Oracle Corp. options this morning sees shares in the name potentially pulling back more than 20.0% from the current level during the second half of the year. Shares in Oracle are down 0.75% as of midday to stand at $29.47, returning some Friday’s more than 5.0% rally in the stock. It looks like one strategist initiated a 9,000-lot Dec. $23/$28 put spread, the largest blocks printing 7,622 contracts in the first 30 minutes of the trading week, for a net premium outlay of $1.08 apiece. Profits kick in on the position should shares in Oracle Corp. decline 8.7% to breach the breakeven price of $26.92, while maximum possible profits of $3.92 per contract are available should the stock drop 22.0% to $23.00 by December expiration. The put spread is the largest trade in Oracle options so far today. The transaction could be a hedge to…
continue reading


Tags: , ,




Options Remain Cautious On ORCL, LLY As Shares Rise

www.interactivebrokers.com

Options brief will resume June 25, 2012.

Today’s tickers: ORCL, LLY & NIHD

ORCL - Oracle Corp. – Shares in software giant, Oracle Corp., are up 2.3% this afternoon at $27.53 amid a broad-based rally in equities and after the stock was raised to ‘Buy’ from ‘Hold’ with a 12-month share price target of $33.00 at ThinkEquity LLC. Stocks are trading higher on speculation global central banks may take coordinated action to counter possible market shocks in the wake of Greek elections this weekend. The software maker’s shares may be on the rise today, but a sizable put spread initiated in the September expiry this morning suggests one strategist is keeping an eye on potential bearish movement in the price of the underlying. It looks like the trader snapped up 4,230 puts at the Sept. $26 strike and sold the same number of puts at the lower Sept. $23 strike, all for a net premium outlay of $0.72 per contract. The trader makes money on the spread if shares in ORCL slip 8.2% to breach the breakeven price of $25.28, while maximum potential profits of $2.28 per contract are available in the event shares plunge 16.5% to settle below $23.00 at September expiration. Oracle is scheduled to report fourth-quarter earnings after the final bell next Thursday.

LLY - Eli Lilly and Co. – The drug maker’s shares rallied to their highest level since October 2008 today, trading up as much as 0.90% to $42.17. Trading traffic in Eli Lilly options is fairly evenly distributed between calls and puts, however, the single largest transaction in the contracts today appears to be a protective or potentially an outright bearish stance on the near-term performance of the stock. Volume at any one strike today is heaviest in the July $40 put where more…
continue reading


Tags: , ,




Oracle Miss Weighs On Tech Stocks, Spurs Bearish Options Action In Cloud Space

www.interactivebrokers.com

Today’s tickers: ORCL, INFA, LEN & JAG

ORCL - Oracle Corp. – It’s clear from the 14.6% drop in Oracle’s shares to $24.91 today that investors are disappointed with what the Company had to show for its efforts in the prior quarter. The second-largest software maker yesterday posted fiscal second-quarter profits of $0.54 a share on revenue of $8.81 billion, missing average analyst expectations of $0.57 a share on sales of $9.23 billion. Put buying in the weekly options suggest some traders expect the stock to extend losses ahead of the holiday. Overall options volume on Oracle Corp. has surpassed 205,000 contracts just before 1:00 PM ET as strategists looked to initiate a variety of post-earnings stances, from bearish trades looking for more pain on the horizon, to more optimistic positions that point to potential recovery in the name. Though the report may represent a surprise to the downside for many, it looks like one options player may have read the tea leaves accurately ahead of the earnings release. The strategist appears to have sold around 16,500 long-dated Jan. 2013 $35 strike calls on Oracle back on November 22 for a premium of $2.62 apiece when shares in the software giant were trading around $29.00. The purchase of a large number of call options at the Jan. 2013 $35 strike today may mean the investor is taking profits off the table. It appears approximately 16,500 calls were purchased in the first 20 minutes of the session this morning for an average premium of $1.04 each. If the original seller of the contracts did indeed buy to close the short stance in call options today, he or she has exited the bearish position with net profits of around $1.58 per contract.

INFA - Informatica Corp. – Oracle’s big quarterly earnings miss dragged down the tech sector…
continue reading


Tags: , , ,




Oracle Call Buyer Portends Big Bullish Moves Ahead

www.interactivebrokers.com

Today’s tickers: ORCL, CTCT, PLCE & KO

ORCL - Oracle Corp. – U.S. stocks are accelerating to the downside this afternoon as concerns over Europe once again sour a market that had welcomed better-than-expected economic data this morning. The sea of red includes Oracle Corp., which currently trades 3.45% lower on the day at $30.89, just before 1:00 PM in New York. The pullback in the software maker’s shares today has not deterred one optimistic trader from taking a bullish stance on the stock out in the March 2012 expiry. The investor appears to have purchased 10,000 calls outright at the Mar. 2012 $36 strike for a premium of $0.92 each. Profits are available to the trader at expiration next year in the event that Oracle’s shares jump nearly 20.0% to surpass the effective breakeven price of $36.92. Shares in Oracle hit $36.50 on May 3 of this year, their highest since 2000, but have not topped $36.92 in at least a decade. Options implied volatility on the stock is up 15.5% to stand at 41.3% this afternoon.

CTCT - Constant Contact, Inc. – Fresh prints in Constant Contact call options suggests at least one strategist expects shares in the provider of email marketing and online survey solutions to rally over the next few months. Shares in CTCT fell 3.6% in the first half of the session to stand at $22.55 just before 11:40 AM ET. It looks like more than 1,300 in-the-money calls changed hands at the Mar. $22.5 strike against previously existing open interest of 65 contracts. Call volume is hefty relative to open interest at that strike and in comparison to overall open interest on the stock of 4,157 positions. One investor appears to have purchased nearly all of the ITM calls this morning for an average premium of $2.80 apiece. The trader stands prepared to profit should shares in Constant Contact rally 12.2% over the current price of $22.55 to surpass the average breakeven point at $25.30 at March expiration. The Waltham, Massachusetts-based company is scheduled to report fourth-quarter earnings on February 2, 2012, well in advance of the March 16, 2012, expiration date on the calls.

PLCE - Children’s Place Retail Stores, Inc. – Shares in the specialty retailer of children’s apparel and accessories are up big today, rallying as much as 17.1% to an intraday high of $52.70, after the company posted better-than-expected third-quarter earnings of $1.33 a share and…
continue reading


Tags: , , ,




Which Way Wednesday – Fed Edition

Click to ViewStrap in folks, it’s going to be another wild ride!  

As you can see from Doug Short’s S&P chart,we are about to slam right into that collapsing 50-day moving average, now at 1,223.40 – right about where the S&P topped out on yesterday’s morning spike.  Unfortunately, the Nasdaq topped out and headed down before the other indexes got a chance to complete their up cycle and the Dollar rose back over the 77.50 line and tanked the market – exactly as we predicted it would at the bottom of yesterday morning’s post

Of course, I can’t MAKE these things happen – I can only tell you what’s going to happen and give you trade ideas to help you profit from it.  I mentioned that we had picked up 10 DIA 9/30 $115.75 calls in our virtual $25,000 Portfolio at $1.05 on Monday and they topped out at $1.75 (up 66%) but we took a non-greedy exit at $1.45 in the morning spike (up 33%) and we switched to 20 QQQ 9/30 $57 calls at .45 in the afternoon sell-off.  So, we made $350 off a $1,050 investment and then we spend $900 but now we have 20 contracts instead of 10 but we also have $450 in cash so now risking just $600 of our original investment on the much more volatile Fed day.  

Another trade idea we like ahead of the Fed that’s still playable is 20 FAS weekly $13/14 bull call spreads at .38 ($760), selling 10 JPM Oct $28 put for .55 ($550) for net $210 invested on the 20 $1 spreads.  The worst-case on this spread is owning JPM for net $28.10, which is 13% off the current price and the best case is a $1,790 profit (852%) in a week.  That sounds like a lot but options let you do funny things like at 11:30 in Member Chat, we saw PCLN making new highs against news that we thought was not actually that good for them on closer examination.  Our trade idea to take advantage of that was:  

If you want to play PCLN bearish – it’s very risky but the weekly $565/555 bear put spread is $6 and you can sell the $565 calls for $4.70 for net $1.30 on the $10 spread.   Oct $620s are $4.10 so your bet is


continue reading


Tags: , , , , , , , , , , , , , , , , ,




Fickle Friday – Google Goes Down as Costs Inflate

Well who’d have thunk it? 

The cost of doing business is rising and GOOG happens to be one of those businesses that lacks pricing power as their rates are generally set through an auction process and their users have to VOLUNTEER to pay more money to advertise.  Most advertisers on Google are on fixed budgets, like MSM advertisers and Google has done a great job of replicating that model.  Why then, should it be surprising if a maturing Google begins to look more like a traditional media outlet than a dot com company with exploding growth?  

Don’t get me wrong, we love Google long-term but we did short them as well as BIDU into Google earnings as we felt Google would disappoint enough to spook BIDU investors as well.  We’re taking the short money and running and looking for some bullish plays now – the drop from $630 last month to $545 today is plenty of froth blown off the top for us to get long-term interested again.  As you can see from the tag cloud of the Conference Call, growth is still there, especially in mobile display ads (Android a bit disappointing) and no major negatives.  I’m not going to write a whole thing about GOOG though, there are thousands of people doing that and our Members know well enough where I stand.  I’m more interested in examining the bigger picture.  

We expected Q1 earnings to be rough and we’ve already seen FDX, NKE, ORCL, RIMM, FAST, FCS and AA struggle so hopefully you don’t have to be hit on the head with another whole week of earnings before you get a little more cautious.  Next week we hear from C, HAL, LLY, TXN, BK, GS, INTC, IBM, SYK, USB, VMW and YHOO on Monday and Tuesday and then we’re off to the races with hundreds of companies reporting each week for the rest of the month.  Our job in the first few weeks of earnings season is to get a feel for the quarter and, so far, that feeling is rough.  

It’s all about inflation, of course and don’t say we didn’t warn you about that one!  We went more  bearish up at those 100% lines we’ve been watching and now the question really is – how bad was it?  Inflation is, after all, our long-term BULLISH premise.  We don’t think corporations
continue reading


Tags: , , , , , , , , , , , , , , , , , , , , , , ,




Testy Tuesday – AAPL Rebalancing in May May Keep the Nasdaq from 2,800 Today

A staff member holds the new Apple iPad2 at the Apple store in London March 25, 2011. REUTERS/Luke MacGregorThe Nasdaq is finally rebalancing!  

That is good news but not so much for Apple, Inc., whose current 20.49% weighting in the index will be cut to 12.33% on May 2nd.  This explains a lot of the strange movement in the Nasdaq as apparently the cognescenti have already begun jockying their positions – trying to guess which of the 100 stocks in the Composite Index will curry some of AAPL’s lost favor.  

Perhaps the the moves up in fellow 4-letter stocks like PCLN ($25Bn market cap), NFLX ($13Bn), OPEN ($2.5Bn), BIDU ($50Bn) and GMCR ($9.4Bn) don’t seem quite so crazy in light of the 40% reduction in AAPL ($314Bn) – take the money out of one bucket and you HAVE to fill up the others!  

This does make me feel better as there may actually be a rational reason for NFLX having a p/e of 82 despite the fact that they have a completely indefensible service that already has competition from several on-line clones as well as big boys like AMZN, not to mention every cable and satellite company in America.  Why does WFMI, a GROCERY STORE, trade at 41 times it’s projected 2011 earnings in the middle of the worst food inflation in US history?  It’s not just because rich people are stupid and will overpay for anything because they hate to have people think they can’t afford stuff – it’s because their market cap is $11.4Bn and if you take 40% of AAPL’s $300Bn and distribute it around the Nasdaq – then WFMI get’s $1.2Bn of additional allocation.  

That’s not exactly how it works but that’s the effect.  A $1Bn Index fund who follows the Nasdaq has $205M of AAPL stock (20.49%) and, after the reweighing, they are to have $123M of AAPL stock.  The other $82M does, in fact, get distributed to the other Nasdaq stocks according to the new weightings.  Do you think that doesn’t distort the markets?  Of course, that doesn’t "just" affect the Nasdaq – AAPL is a heavyweight in all the indexes.  

The special rebalancing of the NASDAQ-100 Index will be enacted based on index securities and shares outstanding as of March 31 – now it is very clear why the MoMo stocks were jacked up like crazy into the end of Q1 – now the market manipulators have guaranteed bagholders for their stocks come May 2nd!  On…
continue reading


Tags: , , , , , , , ,




 

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!

 
 

Zero Hedge

The Only Chart You Will Need To Trade Russian Sanctions

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

US and European financials faded notably after Europe and then US unveiled new sanctions against Russia today. Most notably, the decision to sanction Russia's largest banks (and ban trading and capital markets access) has ramifications for the global financial system's stability given the increasingly inter-connected nature of the world. For that reason, we thought Bloomberg Briefs' chart of the most exposed banking systems by nation to any systemic issues in Russia would be useful.

 

 

As Maxime Sbaihi reports,

...



more from Tyler

Chart School

The End of QE: Some Common Misunderstandings

Courtesy of Doug Short.

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

I have discussed for some time that there are a couple of inherent misunderstandings about the Federal Reserve's ending of the current large-scale asset purchase program (LSAP), or more affectionately known as Quantitative Easing (QE). The first is "tapering is not tightening" and the second is "interest rates will rise." Let me explain.

The Federal Reserve has been running extremely "accommodative" monetary policies since the end 2008. The two primary goals of the Federal Reserve have been to artificially suppress interest rates and boost asset prices in "hopes" that an organic economic recovery would take root. As I quoted in "How E...



more from Chart School

Phil's Favorites

Oh Yeah, About That Con Con Con

Oh Yeah, About That Con Con Con

Courtesy of Lee Adler 

As usual, the Conference Board and all the major media press release repeaters put a positive spin on the highest reading of Consumer Confidence (aka the Con Con Con) since October 2007. None of the media echo chamber reports pointed out that October 2007 was the beginning of the worst bear market in US stocks since 1973-74. So I thought it important that the issue be given a little perspective (as I did recently with the Thompson Rhoiders Michigan Con Index).

First things first, the Con Con Con is an amalgamation of the results of two survey questions presented to “consumers” (aka real people). One question asks...



more from Ilene

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...

more from David

Insider Scoop

Report: IBM Rejects Offer For Chip Operations

Courtesy of Benzinga.

Related IBM Blackberry Attempts To Rebound From IBM/Apple Deal The 10 Most-Respected Corporate Brands Can the iRally Endure? (Fox Business)

International Business Machines (NYSE: IBM) rejected an offer for part of its semiconductor manufacturing operations, according to unnamed sources cited by ...



http://www.insidercow.com/ more from Insider

Option Review

Kellogg Call Options Active Ahead Of Earnings

Shares in packaged foods producer Kellogg Co. (Ticker: K) are in positive territory on Monday afternoon, trading up by roughly 0.20% at $65.48 as of 2:20 p.m. ET. Options volume on the stock is well above average levels today, with around 12,500 contracts traded on the name versus an average daily reading of around 1,700 contracts. Most of the volume is concentrated in September expiry calls, perhaps ahead of the company’s second-quarter earnings report set for release ahead of the opening bell on Thursday. Time and sales data suggests traders are snapping up calls at the Sep 67.5, 70.0 and 72.5 strikes. Volume is heaviest in the Sep 72.5 strike calls, with around 4,600 contracts traded against sizable open interest of approximately 11,800 contracts. It looks like traders paid an average premium of $0.37 per contrac...



more from Caitlin

Sabrient

Sector Detector: Bold bulls dare meek bears to take another crack

Courtesy of Sabrient Systems and Gradient Analytics

Once again, stocks have shown some inkling of weakness. But every other time for almost three years running, the bears have failed to pile on and get a real correction in gear. Will this time be different? Bulls are almost daring them to try it, putting forth their best Dirty Harry impression: “Go ahead, make my day.” Despite weak or neutral charts and moderately bullish (at best) sector rankings, the trend is definitely on the side of the bulls, not to mention the bears’ neurotic skittishness about emerging into the sunlight.

In this weekly update, I give my view of the current market environment, offer a technical analysis of the S&P 500 chart, review our weekly fundamentals-based SectorCast rankings of the ten U.S. business sectors, and then offer up some actionable trading ideas, incl...



more from Sabrient

OpTrader

Swing trading portfolio - week of July 28th, 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 ...



more from OpTrader

Stock World Weekly

Stock World Weekly

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

Our weekly newsletter Stock World Weekly is ready for your enjoyment.

Read about the week ahead, trade ideas from Phil, and more. Please click here and sign in with your PSW user name and password. Or take a free trial.

We appreciate your feedback--please let us know what you think in the comment section below.  

...

more from SWW

Digital Currencies

BitLicense Part 1 - Can Poorly Thought Out Regulation Drive the US Economy Back into the Dark Ages?

Courtesy of Reggie Middleton.

An Op-Ed piece penned by Veritaseum Chief Contracts Officer, Matt Bogosian

This past weekend (despite American Airlines' best efforts), Reggie and I made it to the Second Annual North American Bitcoin Conference in Chicago. While there were some very creative (and very ambitious) ideas on how to try to realize the disruptive Bitcoin protocol, one of the predominant topics of discussion was New York Superintendent of Financial Services Benjamin Lawsky's proposed Bitcoin regulations (the BitLicense proposal) - percieved by many participants at the event as an apparent ...



more from Bitcoin

Market Shadows

Danger: Falling Prices

Danger: Falling Prices

By Dr. Paul Price of Market Shadows

 

We tried holding up stock prices but couldn’t get the job done. Market Shadows’ Virtual Value Portfolio dipped by 2% during the week but still holds on to a market-beating 8.45% gain YTD. There was no escaping the downdraft after a major Portuguese bank failed. Of all the triggers for a large selloff, I’d guess the Portuguese bank failure was pretty far down most people's list of "things to worry about." 

All three major indices gave up some ground with the Nasdaq composite taking the hardest hi...



more from Paul

Pharmboy

Biotechs & Bubbles

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

Well PSW Subscribers....I am still here, barely.  From my last post a few months ago to now, nothing has changed much, but there are a few bargins out there that as investors, should be put on the watch list (again) and if so desired....buy a small amount.

First, the media is on a tear against biotechs/pharma, ripping companies for their drug prices.  Gilead's HepC drug, Sovaldi, is priced at $84K for the 12-week treatment.  Pundits were screaming bloody murder that it was a total rip off, but when one investigates the other drugs out there, and the consequences of not taking Sovaldi vs. another drug combinations, then things become clearer.  For instance, Olysio (JNJ) is about $66,000 for a 12-week treatment, but is approved for fewer types of patients AND...



more from Pharmboy

Promotions

See Live Demo Of This Google-Like Trade Algorithm

I just wanted to be sure you saw this.  There’s a ‘live’ training webinar this Thursday, March 27th at Noon or 9:00 pm ET.

If GOOGLE, the NSA, and Steve Jobs all got together in a room with the task of building a tremendously accurate trading algorithm… it wouldn’t just be any ordinary system… it’d be the greatest trading algorithm in the world.

Well, I hate to break it to you though… they never got around to building it, but my friends at Market Tamer did.

Follow this link to register for their training webinar where they’ll demonstrate the tested and proven Algorithm powered by the same technological principles that have made GOOGLE the #1 search engine on the planet!

And get this…had you done nothing b...



more from Promotions



FeedTheBull - Top Stock market and Finance Sites



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...

Learn more About Phil >>


As Seen On:




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.

Market Shadows >>