View Single Comment
See our disclaimer here.
See our disclaimer here.
March 10th, 2014 3:35 pm
Courtesy of Doug Short.
Note from dshort: I've updated this commentary to include the latest labor force data in Friday's employment report.
Every week I post an update on new unemployment claims shortly after the BLS report is made available. My focus is the four-week moving average of this rather volatile indicator. The financial press generally takes a fairly simplistic view of the latest number, and the market often reacts, for a few minutes or a few hours, to the initial estimate, which is always revised the following week.
One of my featured charts in the update shows the four-week moving average from the inception of this series in January 1967.
March 10th, 2014 3:03 pmSpeculative Animal (Hamster) Spirits on the Rise
Courtesy of Wade of Investing Caffeine
“Winning is a habit. Unfortunately, so is losing.”
- Vince Lombardi
And one thing is for sure…day traders have a habit of losing. Like a hamster on a spinning wheel, day traders use a lot of energy in creating loads of activity, but end up getting nowhere in the process. This subject is important because the animal (hamster) spirits are on the rise as evidenced by the 22% and 17% increase in average client trades per day reported last month by ...
March 10th, 2014 2:47 pm
Submitted by Tyler Durden.
Submitted by Ron Paul via The Ron Paul Institute,
Officially, US debt stands at more than $17 trillion. In reality, it is many times more. The cost of the US invasion of Afghanistan and Iraq may be more than six trillion dollars. President Obama’s illegal invasion of Libya cost at least a billion dollars and left that country devastated. The costs of US regime change efforts in Syria are likely thus far enormous, both in dollars and lives. That’s still a secret.
So who in his right mind would think it is a good time to start a war with Russia over Ukraine?...
March 10th, 2014 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
March 10th, 2014 9:47 am
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...
March 10th, 2014 12:46 am
Courtesy of Sabrient Systems and Gradient Analytics
After a requisite knee-jerk selloff, stock market bulls shook off Russia’s military action in Ukraine and Crimea as just another buying opportunity. Even adding the Russian Bear to their arsenal couldn’t give bears the upper hand for long. The S&P 500 large cap index set yet another all-time intraday high and closed at a new record high on Friday. Also, the Russell 2000 small cap index set new record intraday and closing highs last week north of 1200. However, the technical condition is getting overbought, and Sabrient’s SectorCast rankings have moved from bullish to a more neutral bias.
The eagerly-awaited jobs report on Friday showed greater jobs creation than expected in February, and January's figure was revised higher, as well. Friday was the S&P 500's fifth record closing high i...
March 10th, 2014 12:00 am
Courtesy of Benzinga.Related FB Facebook Shares Reach a New High Following Big UBS Raise UPDATE: Carl Icahn Makes Facebook Account, Says Will Use to Communicate with the Public
Did anybody think that Facebook’s (NASDAQ: F...
March 9th, 2014 2:45 pmThe Bitcoin Middle Ground That Nobody Wants To Hear
Believers in the "digital currency" frequently talk about how it has the potential to uproot the existing financial system, and replace the dollar and the Federal Reserve.
Skeptics think it's a sham, a la tulip bubbles.
A series of tweets from Nouriel Roubini capture the "anti" side quite well.
But there is a middle ground between the True Believers and the Roubinis....
March 9th, 2014 3:05 am
Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.
Please click on the new Stock World Weekly and sign in with your user name and password.
We discuss the Ukraine/Russia conflict, Bitcoin, and more. We also share some new trade ideas from Phil.
March 6th, 2014 3:20 pm
January 12th, 2014 2:12 pm
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
Ladies and Gentlemen, hobos and tramps,
Cross-eyed mosquitoes, and Bow-legged ants,
I come before you, To stand behind you,
To tell you something, I know nothing about.
And so the circus begins in Union Square, San Francisco for this weeks JP Morgan Healthcare Conference. Will the momentum from 2013, which carried the S&P Spider Biotech ETF to all time highs, carry on in 2014? The Biotech ETF beat the S&P by better than 3 points.
As I noted in my previous post, Biotechs Galore - IPOs and More, biotechs were rushing to IPOs so that venture capitalists could unwind their holdings (funds are usually 5-7 years), as well as take advantage of the opportune moment...
December 3rd, 2013 6:03 pm
Bloomberg Brief Economics - An award winning newsletter now available to the public. Click here to find out more and for your free trial....
September 29th, 2013 10:56 pm
Welcome to the fouth update of the IRA Virtual Portfolio. First I am going to summarize the current state of the Portfolio then I will get into all the activity we had during September expiration.
Profit and Loss – Net of closed positions the portfolio is up a total of $769
Market Commentary – Last expiration I said, "I would like to put a total of $20,000 to work by the end of SEP expiration. If the VIX pops up to around 20 I plan to put about $50,000 total to work." The market didn't quite reach the goal but I did manage to deploy $15,000 of buying power. I still feel the market is too high and expect a correction during October. If the vix pops up to around 20 I still plan to put about $50,000 to work. If a correction doesn't happen I still plan to have a total of $25,000 in buying power put to work by October expiration. Now on to the act...
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...