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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!
July 11th, 2014 5:16 pm
Courtesy of Doug Short.
Another day of no US economic news saw a modest market advance on slender volume. The S&P 500 opened fractionally higher and sold off to its -0.26 intraday low 15 minutes later. The index bounced back into the shallow green, lost steam and then slowly recovered after the lunch hour to its 0.20% intraday high in the final hour. A bit of selling in near the close trimmed the gain to 0.15%.
Next week will give the market much to think about as earnings season shifts into high gear. We'll also get some major economic indicators -- retail sales on Tuesday and the Producer Price Index and Industrial Production on Wednesday.
The yield on the 10-year note ended the day at 2.53%, 2 bps below the previous close. It is now 9 bps above its interim closing low of May 28th.
Here is a chart of the week. The index is up 6.45% year-to-date and 0.90% below ...
July 11th, 2014 4:58 pm
Submitted by hedgeless_horseman.
Description/Course Description/Equipment Requirements
It's here again, the 2014 Bug Out Drill, the challenge unlike any other.
You’re driving home from work and an EMP strikes, the Russians have
detonated several nukes over the United States. The pulse has destroyed
all electronics and chaos has ensued. No signal lights, bank alarms,
stores are being robbed for anything of value. You move to your trunk
and get you Bug Out bag and start heading home, the best way you know.
This means you must tr...
July 11th, 2014 4:51 pm
Courtesy of Mish.
In response to BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?" a number of people commented the Fed cannot be so stupid as to think there is no asset bubble. Here are some examples: Gordon says " The Fed is not stupid and yet many think they are. They know there is a bubble but what good will it do if they announce it and the bubble bursts?" JFHogan says "Nobody could be stupid enough to believe that money printing will create wealth." R2bzjudge says "If I can understand there is an asset bubble, so can the Fed. Ax123man says "There is no way on earth Paul Krugman could actually believe (deep down) the things he says publicly"Continue Here...
July 11th, 2014 4:44 pmProphylactic Close-Outs on Teva Pharmaceuticals
Better safe than sorry...
Bombs are flying between Israel and Gaza. This is not new, but it does appear to be escalating along with tensions in the area.
Our Virtual Put Writing Portfolio had been short one contract of the TEVA Jan. 2015, $42.50 put, and two contracts of the TEVA Jan. 2016, $45 strike price puts. These batches were sold on different days (see table below).
Teva Pharmaceuticals has done very well since we initiated these trades. It was ...
July 11th, 2014 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
July 11th, 2014 12:00 am
Courtesy of Benzinga.Related BZSUM Lumber Liquidators Falls On Weak Forecast; Zumiez Shares Spike Higher #PreMarket Primer: Thursday, July 10: Fed Sets A Date For The End Of Easy Money
Following the market opening Thursday, the Dow traded down 0.85 percent to 16,840.96 while the NASDAQ tumbled 1.18 percent to 4,366...
July 7th, 2014 1:16 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...
July 7th, 2014 2:10 am
Courtesy of Sabrient Systems and Gradient Analytics
Stock investors entered the Fourth of July holiday on a high note, pushing the Dow Jones Industrials Index above 17,000 and the Wilshire 5000 Total Market Index above 21,000, and even pushing the S&P 500 to a smidge above the upper trend line of its long-standing bullish ascending channel that has been in place for nearly three years. However, with the Independence Day cheer behind us, persistently overbought technical conditions, and two months of summer doldrums ahead until the Labor Day holiday, I don’t think stocks are likely to muster much in the way of further progress over the near term. This may give bears a chance to make their long-stymied move. Although bulls should be able to maintain the upper hand in the longer term, I expect bears will finally have their window of opportunity to driv...
July 6th, 2014 1:58 am
Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.
#162918678 / gettyimages.com ...
June 27th, 2014 7:17 pm
Submitted by Tyler Durden.
While Marc Faber has said "I will never sell my gold," he also noted "I like the idea of Bitcoin," and the battle between the 'alternative currencies' continues. The following infographic provides a succinct illustration of the similarities and differences between gold and bitcoin.
Please include attribution to www.jmbullion.com with this graphic.
June 3rd, 2014 3:37 pm
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...
March 24th, 2014 4:55 pm
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...
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...