Posts Tagged ‘recession camp’

A (Very) Few Bright Spots

Michael Panzner has assembled a number of positive news items! – Ilene

A (Very) Few Bright Spots

green shoots and bright spotsCourtesy of Michael Panzner at Financial Armageddon

At Financial Armageddon, I focus on telling it like it is, so naturally that means most of what I have to say these days leans towards the negative. That said, it’s not all gloom-and-doom. Below are snippets from recent news reports that highlight a few bright spots in an economy that still faces a heap of trouble:

Generic and second-tier brands, and stay-at-home alternatives:

"Dollar Stores Enjoying Boom Times" (Loudoun Times-Mirror)

The worse the economy, the better for retailers of deeply discounted items. Partly fueled by higher-income shoppers "trading down," the popularity of dollar stores has risen sharply since the current recession began in December 2007.

"RI Coffee Roasters Thrive in Recession"  (Associated Press)

While many Rhode Island businesses struggle during the recession, the state’s coffee roasters are percolating.

The roasters, who turn out small batches of gourmet coffee beans, tell The Providence Journal that they are seeing an increase in business these days.

Ken Marot of Taylor’s Landing, a coffee roasting house and cafe in West Kingston, says he’s been pleasantly surprised to see his customer base grow.

Bob Mastin at Custom House Coffee in Middletown says he just added a second roaster to his cafe and wholesale business.

Mastin says even when people are watching their money, they want a quality cup of coffee.

Rhode Island roasters attribute their resilience to other factors, such as people wanting to save money by brewing their morning java at home.

"Private Labels Booming in These Tough Times" (Telegraph-Journal)

Penny-pinching shoppers have prompted a boost for discount goods businesses and cuts into sales of popular brands.

For Dieppe-based Irving Consumer Products Inc. this has meant increased demand causing record production levels.

The privately-held company is seeing increased sales in paper tissue, towel, diaper and private label brands it makes.

"Naturally in this economic climate the consumer looking at options starts looking at trading down," says company vice-president of sales Bob Tinnish.

The company’s growth is strongest south of the border where there is more potential for store labels to gain market share from big brand names.

"Luxury Wine Market Reels from Downturn" (Wall Street Journal)…
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Battling Average vs Slugging Percentage in Investments

By SG Value Investor. Originally published at ValueWalk.

It is said that to succeed in investing, one only needs to make the right investment calls more than half the time (>50%). Fortunately or unfortunately, this can be a very misleading statement. Average

The idea behind it is a simple one. The number of times that you are right divided by the total number of investments that you make is called the battling average. The term battling average is rooted in baseball and refers to the total number of hits divided by the total number of At Bats. With a battling average of more than 50%, you can simplistically expect to make positive returns in the long run. However, this may not necessari...

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Zero Hedge

Global Stocks Drop On Poor Earnings, Bond "Bloodbath" Ahead Of US Q3 GDP

Courtesy of ZeroHedge. View original post here.

S&P futures and Asian stocks were little changed while European shares fell as the global bonds sell-off deepened on speculation major central banks are moving closer to reining in stimulus, while stocks retreated after disappointing results from companies including and AB InBev. The dollar hit a three-month high against the yen as investors grew more confident that the Federal Reserve will raise U.S. interest rates by the end of the year.

Benchmark 10-year U.S. and euro zone yields rose to their highest since May and 10-year British yields were firmly on track for their big...

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Kimble Charting Solutions

Amazon; Potential bearish reversal pattern, says Joe Friday

Courtesy of Chris Kimble.

Without a doubt, Amazon (AMZN) remains in an uptrend (higher highs and higher lows) over the past decade plus. Last nights earnings does NOT change this trend!

Below updates the pattern on Amazon and highlights that this week, it is could be creating a pattern it has seldom created, over the past 10-years.


As mentioned in the chart, a few t...

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Phil's Favorites

Cybersecurity's weakest link: humans


Cybersecurity's weakest link: humans

By Arun Vishwanath, University at Buffalo, The State University of New York

There is a common thread that connects the hack into the sluicegate controllers of the Bowman Avenue dam in Rye, New York; the breach that compromised 20 million federal employee records at the Office of Personnel Management; and the recent spate of “ransomware” attacks that in three months this year ha...

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Market News

News You Can Use From Phil's Stock World


Financial Markets and Economy

Investors are fleeing stock funds at the fastest pace in over 5 years (Business Insider)

Retail investors seem to have cooled on the stock market.

According to a note from Bespoke Investment Group, equity mutual funds have experienced their largest weekly outflows since August 2011.

Deutsche Bank's earnings call was the most brutally honest, angsty thing we've heard in a long time (Busines...

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Digital Currencies

Needham Raises Bitcoin Price Target To $848: Here's Why

Courtesy of ZeroHedge. View original post here.

With bitcoin breaking out of its recent trading range as Chinese buyers once again flock to the currency as the Yuan slides (as we predicted over a year ago they would), even Wall Street analysts are starting to pay attention, and in a recent report by Needham's Spencer Bogart, the analyst has raised his price...

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Members' Corner

Heil The Candidate?

Courtesy of Nattering Naybob.

Remember the 2016 Presidential Election is only thirteen days away. During this election campaign, both 2016 election candidates and the incumbent President, have been amongst other things, vilified as Hitler-esque.

Above Heil Hitlary! courtesy of LULZY T-Shirts

Above Heil Trump! image...

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Chart School

Tech Hold Breakout,.but S&P Wedge Bound

Courtesy of Declan.

It was a mixed day for indices. Large Caps remain bound by wedge support/resistance, but Tech broke upside yesterday from similar wedges and held those breakout today.

There was little change for the S&P over the last couple of days. The one technical change was the MACD trigger 'buy' as other technicals stayed on the bearish side.

Meanwhile, the Nasdaq cleared wedge resistance yesterday, and was able to hang on to the breakout despite today's loss. It too enjoyed a MACD trigger 'buy', but had an On-Bal...

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Swing trading portfolio - week of October 24th,2016

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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Mapping The Market

The Most Overlooked Trait of Investing Success

Via Jean-Luc

Good article on investing success:

The Most Overlooked Trait of Investing Success

By Morgan Housel

There is a reason no Berkshire Hathaway investor chides Buffett when the company has a bad quarter. It’s because Buffett has so thoroughly convinced his investors that it’s pointless to try to navigate around 90-day intervals. He’s done that by writing incredibly lucid letters to investors for the last 50 years, communicating in easy-to-understand language at annual meetings, and speaking on TV in ways that someone with no investing experience can grasp.

Yes, Buffett runs an amazing investment company. But he also runs an amazing investor company. One of the most underappreciated part of his s...

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Epizyme - A Waiting Game

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

Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer.  One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."

Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.  

Genetic components are the DNA sequences that are 'inherited.'  Some of these genes are stronger than others in their expression (e.g., eye color).  Yet, some genes turn on or off due to external factors (environmental), and it is und...

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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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PSW is more than just stock talk!


We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more! features the most important and most interesting news items from around the web, all day, every day!

News: If you missed it, you can probably find it in our Market News section. We sift through piles of news so you don't have to.   

If you are looking for non-mainstream, provocatively-narrated news and opinion pieces which promise to make you think -- we feature Zero Hedge, ...

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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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