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Posts Tagged ‘XLF’

Will We Hold It Wednesday – S&P 1,920 Edition

Yesterday was a close one!  

We briefly failed our first test of 1,920 (see yesterday's notes) but another low-volume rescue kept us from fulfilling the "Wave C" predicion on this Elliot Wave chart – for now.  

Not that I'm an Elliot Wave person, of course – my theory is that, if you are going to draw 5 points on a graph you can imagine all sorts of random patterns and SOMETIMES you will be right.  About half the time, in fact.  

I believe in bigger numbers and our own EXCLUSIVE 5% Rule™ says the S&P bottomed out at 800 (in 2009) doubled to 1,600 last Spring, consolidated there for a quarter and now has made a 20% move to 1,920 – just like it was supposed to since it bottomed in 2009 (see our many, many predictions over the years).  In fact, it was March of 2012, with the S&P at 1,404, when we set our new goals for the S&P to 1,600.  As I said at the time:

That's right, it turns out our +10% line is still pretty much right on the money, only now we switch our focus to our goal of 1,600 and begin running our numbers off there, rather than from 800.  I know I have been (and still am) Fundamentally bearish on the market at the moment – I just think we are making this move too soon – but that is not to say I think the move is unmakeable.  

SPY WEEJKY

Once we did get the dip in June that we expected at the time (down 10%, back to 1,278 and, fortunately, we had wisely cashed out our Income Portfolio before things turned ugly) we were happy to go gung-ho bullish with our Buy List – the same kind of Buy List we just finised assembling in yesterday's Live Trading Webinar.  In fact, right in that 3/17/12 post, I laid out this play to profit from our prediction:

For example, we expect the S&P to work it's way up to 1,600 and that's SPY $160 and the Jan (2013) $146/154 bull call spread is $3 and you can sell the $110 puts for


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Big Prints In Bearish Options On XLF

www.interactivebrokers.com

 

Today’s tickers: XLF, GSK & M

XLF - Financial Select Sector SPDR ETF – Shares in the XLF are in negative territory this morning, down 0.90% at $18.39 as of 11:10 a.m. ET, amid broad-based declines in U.S. stocks spurred by an unexpected 0.4% decline in March retail sales and other soft economic data points. The price of the underlying fund is also being pressured by declines in JPMorgan Chase & Co. and Wells Fargo & Co. following first-quarter earnings reports from those companies prior to the opening bell. JPMorgan and Wells Fargo combined represent roughly 16% of the total holdings of the XLF. Big prints in short-dated XLF put options in the early going this morning suggests one trader is positioning for shares to extend losses in the near term. It looks like the strategist purchased 100,000 puts at the April 19 ’13 $18 strike for a premium of $0.06 per contract. The position starts making money if the price of the underlying declines 2.4% from the current level to breach the effective breakeven price of $17.94 by expiration next week. Put options on the XLF are far more active than calls, with the put/call ratio above 13.0 as of the time of this writing. Five of the top ten holdings in the XLF report quarterly earnings next week, including Citigroup, Bank of America, Goldman Sachs, U.S. Bancorp and American Express.

GSK - GlaxoSmithKline PLC – Bearish options changing hands on drug maker, GlaxoSmithKline, look for shares in the name to potentially slip further off a multi-year high of $48.55 realized on Thursday. Shares in GSK are down 0.40% on the day at $48.32 as of 11:45 a.m. ET. The April $47 strike puts on GSK are active for a second consecutive session, with roughly 5,000 contracts purchased this morning and around 2,000 lots purchased yesterday, all at a premium of $0.25 apiece. Put buyers make money if shares in GSK decline 3.25% from the current price of $48.32 to settle below the effective breakeven point at…
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Options Traders Bulk Up On XLF Puts

www.interactivebrokers.com

 

Today’s tickers: XLF, VSI & CBRL

XLF - Financial Select Sector SPDR Fund – Shares in seven of the ten largest XLF holdings were trading lower this morning, dragging shares in the ETF down 0.40% to $17.19 at around 11:25 a.m. ET on Tuesday. Put buying on the Financial Select Sector SPDR Fund during the morning hours of the trading day suggested some options players were preparing for the price of the underlying fund to extend losses. It looks like traders purchased 75,000 puts at the June $16 strike for an average premium of $0.35 per contract. These positions start making money if shares in the XLF decline 9.0% from the current level to breach the average breakeven point on the downside at $15.65 by June expiration. Shares in the XLF last traded below $15.65 on December 4th. The price of the underlying is up roughly 5.0% year-to-date, and has gained nearly 30% since June of 2012.

VSI - Vitamin Shoppe, Inc. – Options on the specialty retailer of vitamins and nutritional supplements are more active than usual today, with shares in Vitamin Shoppe down sharply on the heels of the company’s fourth-quarter earnings report ahead of the opening bell this morning. Shares in VSI are currently down more than 20% to stand at $50.33 as of 11:50 a.m. in New York. Buyers of in-the-money put options on the stock earlier in the trading session are seeing the value of their contracts rise as shares in the name continue to weaken. At around 9:45 a.m. ET, traders stepped in to purchase around 400 in-the-money puts at the April $55 strike for a premium of $4.20 per contract. Premium required to purchase the $55 strike put options, as of the time of this writing, has increased to $5.50 apiece just before midday on the East Coast. Traders long the puts at $4.20 per contract stand ready to profit at April expiration should shares in Vitamin Shoppe settle below the breakeven price of $50.80.…
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Petrobras Puts And Calls In Play As Shares Drop After Q4 Earnings

www.interactivebrokers.com

 

Today’s tickers: PBR, PLX & XLF

PBR - Petrobras SA – Options on Petrobras are more active than usual this morning, with shares in the state-run Brazilian oil producer down more than 7.0% on the day to stand at a new 52-week low of $16.74 as of 10:45 a.m. ET. The stock dropped after the company reported fourth-quarter EBITDA that declined in the period, missing analyst expectations, and said it will lower dividend payments to shareholders. Trading traffic in PBR options is mixed, as some traders position for shares to weaken further, while others bet on a near-term rebound in the price of the underlying. Fresh interest in weekly puts is greatest at the Feb. 08 ’13 $16.5 strike where upwards of 4,100 lots have changed hands against one contract in open interest. Time and sales data suggests most of the puts were purchased at an average premium of $0.22 apiece, thus positioning buyers to profit at expiration this week should PBR’s shares settle below the average breakeven price of $16.28. The Feb. 08 ’13 $17 strike puts are also in play, with around 2,000 in-the-money puts purchased in the early going for an average premium of $0.45 each. Meanwhile, weekly call buyers snapping up Feb. 08 ’13 $17 and $17.5 strike calls at average premiums of $0.15 and $0.05 each, respectively, may profit at expiration in the event that Petrobras shares rebound by the end of the week. Similar strategies appear to be in play across the Feb. 15 ’13 expiration call and put options, as well as in the March expiry options contracts. Traders bracing for shares to move sharply lower paid an average premium of $0.09 per contract to buy around 380 of the Mar. $14 strike puts. These contracts make money if shares in the oil producer plunge 17% from the current price of $16.74 to trade south of $13.91 by March expiration.

PLX - Protalix Biotherapeutics, Inc. – Upside calls on biopharmaceutical company, Protalix Biotherapeutics, are changing hands this morning, with shares in the name up better than 21% on the…
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Large Bear Put Spread Initiated On XLF

www.interactivebrokers.com

 

Today’s tickers: XLF, PERI & VRA

XLF - Financial Select Sector SPDR ETF – The single-largest trade initiated in XLF options on Tuesday protects against a limited, albeit substantial, adverse move in the price of the underlying fund during the next few months. Shares in the XLF reached their highest level in nearly two years this past Friday, trading up to $17.08 on the heels of a more than 25% rally since this time last year. The Financial Select Sector SPDR ETF is off slightly today, trading lower in line with the broader market, with the shares now down 0.70% to stand at $16.89 as of 12:45 p.m. in New York trading. One large options market participant is prepared to see continued declines in the price of the underlying with the purchase of a 95,000-lot April $14/$16 put spread today at a net premium outlay of $0.275 apiece. The spread makes money if shares in the XLF dip 7% to breach the effective breakeven price of $15.725, with maximum potential gains of $1.725 per contract available in the event of a more than 17% pullback to $14.00 by April expiration. Though the transaction was not tied to stock, it’s possible the position was implemented to hedge a long position in shares of the XLF.

PERI - Perion Network Ltd. – Shares in Tel Aviv, Israel-based digital media company, Perion Network, jumped more than 30% to a new all-time high of $12.47 today after the company forecast higher-than-expected earnings and sales for 2013. Options traders anticipating further gains in the price of the underlying during the next five weeks appear to be buying upside calls on the name. The Feb. $12.5 strike calls are the most actively traded contracts on Perion this morning, with upwards of 1,100 calls in play versus zero open positions. One or more bullish strategists acting within the first 10 minutes of the opening bell this morning purchased around 200 of the calls at a premium of $0.65 apiece. These contracts make money at expiration next month as long as shares in PERI…
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Thrill is Gone Thursday – Rally Tired or Just Resting?

EU leaders are meeting in Brussels today and tomorrow

For anyone who's been paying attention for the last two years – that's usually not a good thing and, as we noted yesterday, it was a strong Euro and a weak Dollar that was driving our little rally.  The Dollar bottomed out at 79 and the Euro topped out at $1.314 and the Euro's strength sent the Yen back up to 79.30 to the Dollar (weaker) and that led to a 2% Nikkei rally last night.  As you can see from the chart on the right, the S&P for the week is 1% behind UK and Germany and 2.5% behind France and Italy (+4%) and Spain (+7%) – so we have a lot of catching up to do if this rally is real and sustainable

Still, I sent out an Alert to Members early this morning noting that the Global Markets were holding up well as of 6am and that was encouraging.  Yesterday we discussed taking advantage of the run-up in the Russell to make a TZA hedge to lock in some of our gains (see main post) but we still haven't covered XLF (target $16.50 – see Dave Fry's chart) and we're still bullish on AAPL as well.  We cashed that ISRG play, as planned for $9 on the spreads (200x = $1,800), spending .30 x 200 ($60) to buy back the callers so that, with the $200 we were paid to take the position is just short of our $2,000 goal at net $1,960 – not bad for a day's "work".  

In Member Chat this morning, we discussed GOOG's outlook for earnings this evening and decided they were more likely topping than popping so we have that risk to the Nasdaq for tomorrow.  IBM was an 80-point drag on the Dow yesterday but it did manage to finish flat and advancers led decliners on the NYSE by 2:1 so the conditions are still there for a rally and hopefully what we have here a a pause that refreshes and not a triple top from the mid-September highs.  

The Nasdaq and the Russell are, in fact, in downtrending channels and, for the Nasdaq, their fate rests on GOOG tonight and AAPL next Thursday – but it's still a long way back to the highs at 3,200.  

As you can see from the
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Large Put Purchase At AOL; Express Calls Look For Retailer To Rebound

www.interactivebrokers.com

Options brief will resume October 15, 2012.

Today’s tickers: AOL, EXPR & XLF

AOL - AOL, Inc. – Put activity on AOL this morning may be the work of one strategist locking in gains on the high-flying stock. Shares in AOL, up roughly 175% since October 2011, are currently down 1.8% on the day to stand at $35.92 as of 11:20 a.m. ET. The largest trade in AOL options this morning was the purchase of 4,500 of the Nov. $34 strike put for a premium of $0.80 per contract. The options trade does not appear to have been tied to stock, although the put buyer may be establishing downside protection to hedge an existing long position in the shares. Alternatively, the sizable transaction could be an outright bearish bet that shares will decline in the near term, perhaps in the aftermath of the company’s third-quarter earnings report on October 31st. The position makes money if shares in AOL drop 7.5% from the current level to breach the effective breakeven price of $33.20 by November expiration.

EXPR - Express, Inc. – Options in play on Express this morning suggests shares in the apparel retailer, hard hit in recent months and sitting at all-time lows, may stage a significant turn-around in the next six months. Express shares, down nearly 60% from a March 2012 peak of $26.27, fell 2.35% in the first half of the trading session to $11.23 by 11:35 a.m. in New York. Upside call buying at the April 2013 $15 strike, where some 2,300 contracts were picked up for an average premium of $0.73 apiece, suggests at least one trader is positioning for EXPR shares to potentially increase sharply by expiration next year. The calls may be profitable at April expiration in the event that Express, Inc. shares jump 40% to exceed the average breakeven price of $15.73. The specialty retailer reports third-quarter earnings ahead of the opening bell on November 28th.…
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Thrilling Thursday – Romney and the Markets Turn Up

What a debate last night!

One of the candidates will lower taxes for the middle class and small businesses while slamming shut loopholes on the rich and Big Business, limiting their deductions and raising taxes if needed, he will provide national health-care and concentrate on jobs, punishing outsourcers and educating US workers to get them on the path to full employment.  The other candidate is already President.  Romney now claims there will be no 20% tax cut for the rich – I assume his rich backers assume he's lying to get elected (lying doesn't bother them) and President Obama was in no way prepared to debate the guy who showed up yesterday and he lost the debate in an embarrassing fashion.  

From a market perspective, we were playing the weakness as nervousness ahead of the debates and accumulating long positions as planned yesterday.  Oil blew past the $88.50 target I set in yesterday's morning post – all the way to $87.70 before finally bouncing back and hitting our target again overnight (now $88.64).  That drop from $91.22 in the Futures was good for $3,500 per contract in the Futures but, of course, we were done being short, as planned at $88.50 and in fact made a couple of bullish trades – long on USO at $33 (as planned) and short on SCO at $44.  We'll see how they work out today but up at the open is a good sign.  

RUT WEEKLY HPQ was irresistible as it tested $15 (long-term positions) and BBY gave us a good entry again at $17.50.  We made a quick 50% on the TNA weekly $61.50 calls, which we grabbed for $1 in our $25,000 Virtual Portfolio at 10:09 in Member Chat and we caught a nice move up to $1.50 not even 30 minutes later as our 838 line (weak bounce) on the Russell continues to hold.  

Our bullish stance on AAPL finally paid off as the stock went from $660 to $672 at the close – hopefully $680 is next.  Gasoline only got to $2.75 (we were hoping for $2.70) but is back to $2.86 already in pre-market trading (/RB).  

As you can see from Dave Fry's Russell chart, we're still in a bullish consolidation – just below our breakout level and today, so far, we don't have rising Dollar headwinds to hold us back…
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Will We Hold It Wednesday – S&P 1,440 Edition – Again

SPY WEEKLY 1,440 – Again.

That's right, we have made not one inch of progress since we had the same exact title in last Wednesday's post, when I said: "This is the part where the MSM begins to realize that Manufacturing is slowing down, stimulus won't create jobs, earnings are not going to be as good as expected, Europe is not fixed, housing is not as strong as expected andthe stock market is being manipulated.  Yep, all the stuff I've been telling you for months."  Our plan was to buy into the dip and that's what we've been doing the past week as our short-term virtual portfolios are now much more bullish than they were a week ago.  

As you can see from Dave Fry's weekly SPY chart, we're still in an uptrending channel and still over the major support line at 1,420 and we tested 1,430 at the end of last week but have, so far, held 1,440 this week.  

Last week we were all worried about Spain because they were rioting in the streets and this week we are all worried about Spain because they haven't requested a bail-out yet.  "Plus ca change, plus c'est la meme chose," as they say in the country next to Spain…

USO WEEKLY In Member Chat last Wednesday, we took advantage of Oil Futures (/CL) testing $90 to go long and by the end of the week it was back to where we liked to short it at $93 and this morning, ahead of inventories, oil is at $91.22 but we're not long today as we don't expect the bulls to have much to get excited about but, if we get a dip to $88.50 that holds – we'd like to go long there.  As you can see from this USO chart – we're pretty well stuck in the channel but the bottom is about $89 so I'm thinking a build this morning takes us just below the $33 line on USO

AAPL was at $666 last Wednesday and they closed at $665 yesterday but we've worked ourselves into a more bullish position there (we had several long-term bullish trade ideas on AAPL in Member Chat that day).  XLF was holding $15.50 and we went longer there – now $15.69.  We added QQQ Oct $70s at .30 and yesterday we had the chance to add them again…
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XLF Puts See Heavy Volume; FactSet Options Active Ahead Of Earnings

www.interactivebrokers.com

 

Today’s tickers: XLF, FDS & PG

XLF - Financial Select Sector SPDR ETF – US stocks are moving lower on Monday as European concerns creep back into the conversation, yet financial stocks are managing to hold onto slight gains this afternoon, with shares in the XLF up 0.06% at $15.84 as of 12:40 p.m. in New York. Put options on the Financial Select Sector SPDR ETF saw heavy volume near the open after one big options market participant established a large bear put spread. It looks like the strategist purchased a 165,000-lot Dec. $13/$15 put spread, paying a net premium of $0.265 per contract. The trade makes money if shares in the XLF decline 7% to trade below $14.735, while maximum potential profits of $1.735 per contract are available on the position in the event XLF shares plunge 18% from the current level to settle at or below $13.00 at December expiration. Shares in the XLF last traded below $13.00 in December 2011.

FDS - FactSet Research Systems, Inc.– Options on the provider of financial and economic data are active today ahead of FactSet’s fourth-quarter earnings report scheduled for release prior to the opening bell on Tuesday. Shares in FactSet Research Systems are up 2.5% at $103.05 as of 12:05 p.m. ET. Some options traders appear to be bulking up on downside puts ahead of earnings, while others are getting long bullish calls in anticipation of further gains in the price of the underlying shares in the near term. Strategists prepared to benefit from a pullback in the stock picked up around 450 puts at the Oct. $95 strike in the first hour of the trading week for a premium of $1.40 apiece. Put buyers may profit at expiration next month in the event FDS shares drop 9% to trade below the effective breakeven price of $93.60. Volume in FDS options is heaviest in the Oct. $100 strike where more than 2,000 puts changed hands…
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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!

 
 

Zero Hedge

The Stunning Charts Showing Just How Much Richer The Rich Have Gotten While The Poor Drown In Debt

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

The Fed's epic wealth redistribution scheme has gotten so simple, even a 5 year old Census Bureau employee gets it.

In the latest Household Wealth report by the government agency, the Census found that for the period ended 2011 the rich got richer (and would get much richer in the subsequent 2.5 years), while the poor, i.e. the majority of the US population, got poorer. In fact, not only did the poor get poorer, but the first quintile of the US population, or the bottom 20% by net worth, certainly not by representation as it happens to be the most populated, saw a decline in n...



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Phil's Favorites

The Disease of American Democracy

Robert Reich writes about a progressive disease state afflicting the U.S. The illustrations are by William Banzai7 from William Banzai7's blog and posted on Zero Hedge.

The Disease of American Democracy

Courtesy of Robert Reich

Americans are sick of politics. Only 13 percent approve of the job Congress is doing, a near record low. The President’s approval ratings are also in the basement.

A large portion of the public doesn’t even bother voting. Only 57.5 percent of eligible voters cast their ballots in the 2012 presidential election. 

Put simply, most Americans feel powerless, and as...



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Chart School

Gasoline Volume Sales, Demographics and our Changing Culture

Courtesy of Doug Short.

The Department of Energy's Energy Information Administration (EIA) data on volume sales is over two months old when it released. The latest numbers, through mid-May, were published today. However, despite the lag, this report offers an interesting perspective on fascinating aspects of the US economy. Gasoline prices and increases in fuel efficiency are important factors, but there are also some significant demographic and cultural dynamics in this data series.

Because the sales data are highly volatile with some obvious seasonality, I've added a 12-month moving average (MA) to give a clearer indication of the long-term trends. The latest 12-month MA is 8.8% below the all-time high set in August 2005, a new interim low.

...



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Option Review

CME Group Put Options Active

Options volume on the provider of futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals and alternative investment products is well above average on Thursday morning, due in large part to a sizable put spread initiated in the 19Sep’14 expiry contracts. Shares in CME Group (Ticker: CME) are up slightly on the day, trading 0.25% higher at $74.34 as of the time of this writing.

The largest trade on CME today appears to be a bear put spread in which roughly 1,500 of the 19Sep’14 74.0 strike puts were purchased at a premium of $1.44 each against the sale of the same number of t...



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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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Sabrient

Sector Detector: Bullish investors jockey for position as if the correction is over

Courtesy of Sabrient Systems and Gradient Analytics

As many investors enjoy the final weeks of summer, some optimistic bulls seem to be positioning themselves well ahead of Labor Day in anticipation of a fall rally. Indeed, last week’s action was impressive. After only a mere 4% correction, investors continued to brush off the disturbing violence both at home and abroad, and they took the minor pullback as their next buying opportunity. But was that really all the pullback we’re going to get this year? I doubt it. But I also believe that nothing short of a major Black Swan event can send this market into a deep correction.

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 ...



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OpTrader

Swing trading portfolio - week of August 18th, 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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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.

The Stock World Weekly Newsletter is ready to go! View it here: Stock World Weekly. Just put in your user name and password, or take a free trial. 

 

#120692880 / gettyimages.com ...

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Market Shadows

Helen Davis Chaitman Reviews In Bed with Wall Street.

Author Helen Davis Chaitman is a nationally recognized litigator with a diverse trial practice in the areas of lender liability, bankruptcy, bank fraud, RICO, professional malpractice, trusts and estates, and white collar defense. In 1995, Ms. Chaitman was named one of the nation's top ten litigators by the National Law Journal for a jury verdict she obtained in an accountants' malpractice case. Ms. Chaitman is the author of The Law of Lender Liability (Warren, Gorham & Lamont 1990)... Since early 2009, Ms. Chaitman has been an outspoken advocate for investors in Bernard L. Madoff Investment Securities LLC (more here).

Helen Davis Chaitman Reviews In Bed with Wall Street. 

By Helen Davis Chaitman   

I confess: Larry D...



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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 ...



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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...



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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...



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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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