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June 2nd, 2015 3:51 pm
Submitted by Tyler Durden.
And the winner of The Arthur Ashe Courage Award is...
The Arthur Ashe Courage Award is an award that is part of the ESPY Awards.
Although it is a sport-oriented award, it is not limited to sports-related people or actions, as it presented annually to individuals whose contributions "transcend sports".
* * *
And just to top it all off...
June 2nd, 2015 3:12 pm'The Case of the Missing Minsky'
Courtesy of Mark Thoma, Economist's View
Paul Krugman says I'm not upbeat enough about the state of macroeconomics:
June 2nd, 2015 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
June 2nd, 2015 11:46 am
Financial Markets and Economy
I’ve been sounding the alarm in recent years about dangerous new bubbles that have been inflating since the Global Financial Crisis. As I wrote in a viral report last month, I believe that record low interest rates and central bank stimulus programs are the main fuel behind these bubbles and that they will lead to a crisis that is even worse than 2008. In the meantime, these bubbles are creating artificial economic strength and activity that is man...
June 2nd, 2015 9:03 am
Courtesy of Chris Kimble.
When it comes to global stock market leadership, the DAX comes to mind. Since the DAX hit a low during the Ebola scare last October, it is up 32% since 10/17/2014 (see lower inset chart)
The DAX has been soft the past 7 weeks after it hit resistance at the top of this rising wedge. The softness over the past few weeks has the DAX testing the bottom support line of the rising wedge pattern. Two thirds of the time when support breaks of a rising wedge, prices end up lower. The DAX could be making an attempt to break rising support at (1).
June 2nd, 2015 1:31 am
Courtesy of Read the Ticker.Please review a collection of WWW browsing results.Date Found: Thursday, 14 May 2015, 10:03:41 PM
Click for popup. Clear your browser cache if image is not showing. Comment: Cyprus bank manager to a client the Monday morning after the cash grab youtu.be/ikssfUhAlggDate Found: Friday, 15 May 2015, 02:26:30 PM
Click for popup. Clear your browser cache if image is not showing. Comment: Easy money allows high prices for art, easy money is associated with stock market peaksDate Found: Tuesday, 19 May 2015, 12:23:39 AM
Click for popup. Clear your browser cache if image is not showing. Comment: US Inventory build not a good sign...
June 2nd, 2015 12:00 am
Courtesy of Benzinga.Related BOJA Barclays On Bojangles: It's A 'High Growth Regional QSR Anomaly' Benzinga's Top #PreMarket Gainers Analyst coverage begins on Bojangles (Seeking Alpha)
In a report published Tuesday, Jefferies analyst Andy Barish initiated coverage of Bojangles Inc (NASDAQ: BOJA) with a Buy rating and $32 price...
June 1st, 2015 5:06 pm
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
Here's an update on a stock that Pharmboy is well familiar with, PLX. Pharmboy provided his thoughts for this article which was published by Lowenthal Capital Partners, and which I contributed to them. One reader asked the question: While PLX has sufficient cash for another year's operation, it needs to conserve resources and will likely need to raise money in the future. Would you care to venture a guess as to when you believe they will raise money (and what type vehicle they will use)?
Pharmboy's response: They will sell stock, and my guess is in 4Q15. I agree--selling stock is probably on the horizon sooner rather than later. Let's hope they get the stock moving higher before then. ~ Ilene
May 31st, 2015 11:49 pm
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 ...
May 26th, 2015 3:39 pm
Courtesy of Sabrient Systems and Gradient Analytics
Early last week, stocks broke out, with the S&P 500 setting a new high with blue skies overhead. But then the market basically flat-lined for the rest of the week as bulls just couldn’t gather the fuel and conviction to take prices higher. In fact, the technical picture now has turned a bit defensive, at least for the short term, thus joining what has been a neutral-to-defensive tilt to our fundamentals-based Outlook rankings.
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, including a sector rotation strategy using ETFs and an enhanced version using top-ranked stocks from the t...
May 11th, 2015 7:57 pm
Nasdaq's bitcoin plan will provide a real test of bitcoin hype
Bitcoin, the virtual digital currency, has been called the future of banking, a dangerous fad, and almost everything in between, but we're finally about to get some solid data to help settle the debate.
On Monday, the Nasdaq (NDAQ) stock exchange said it would ...
May 3rd, 2015 5:11 pm
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.
March 28th, 2015 7:45 am
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...
May 22nd, 2014 5:03 pm
"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 email@example.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.
Thank you for you time!
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...