View Single Comment
See our disclaimer here.
See our disclaimer here.
August 30th, 2016 4:25 pm
A Two-Bar Pattern that Points to Trade Setups
By Elliott Wave International
Some people like to get outside on the weekends, maybe playing tennis or working in the yard. Some people like to visit their friends or cook a big meal or go out to see a movie. And some people who are passionate about their work -- such as Elliott Wave International's futures analyst Jeffrey Kennedy -- like to stare at hundreds of price charts on their computer screen to find patterns that point to trade setups. We used to worry for his health but not anymore, because he's been doing it for years and he comes up with some neat stuff. A case in point is his discovery of a two-bar pattern that he named the Popgun. Find out more in this excerpt from the Club EWI eBoo...
August 30th, 2016 4:05 pm
Only one possible clip for today... (RIP)...
Despite crude's collapse, Trannies managed gains on the day as big tech weighed on the rest of the indices...
Financials outperformed again... now where have we seen this decoupling before?
Standard 330ET Ramp was in evidence, pumping to VWAP on another d...
August 30th, 2016 3:36 pm
By The Foundation for Economic Education. Originally published at ValueWalk.
Another Grim Reminder that Obamacare Has Made Healthcare More Expensive
Way back in 2009, some folks on the left shared a chart showing that national expenditures on healthcare compared to life expectancy.
At the very least, people looking at the chart were supposed to conclude that other nations had better healthcare systems.
And since the chart circulated while Obamacare was being debate...
August 30th, 2016 2:17 pm
Financial Markets and Economy
Federal Reserve Vice Chairman Stanley Fischer said negative interest rates seem to be working in other countries, while reinforcing that they aren’t on the table in the U.S.
August 30th, 2016 12:30 pm
Courtesy of Chris Kimble.
The US Dollar/Yen is facing a trio of potential support lines at this time with few people bullish the US$/Yen at Stocktwits. What happens at this potential support zone, could well impact the Risk On trade from now until year end.
CLICK ON CHART TO ENLARGE
The trend in the US$/Yen remains down for the past few months, as the YEN has been stronger than the US$. The US$/YEN remains inside of a steep falling channel over the past 10-months.
The bottom of this steep falling channel and two ot...
August 30th, 2016 10:25 am
Courtesy of Doug Short's Advisor Perspectives.
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through August 18. The headline number of 101.1 was a solid increase from the final reading of 96.7 for July, a downward revision from 97.3. Today's number was substantially above the Investing.com consensus of 97.0. This is the highest reading of the past 11 months.
Here is an excerpt from the Conference Board press release.
“Consumer confidence improved in August to its highest level in nearly a year, after a marginal decline in July,” said Lynn...
August 30th, 2016 12:00 am
Courtesy of Benzinga.Related GE How To Trade 50% Retracements JDA Software Chooses Blackstone Investment Over Selling Itself To Honeywell GE Capital CEO retiring from company (Seeking Alpha)
August 29th, 2016 10:00 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 ...
August 22nd, 2016 1:15 pm
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...
August 19th, 2016 11:17 am
Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust
Stefan Thomas, who introduced millions of people to bitcoin, has had a change of heart.
Blockchain, the ledger software that makes the digital currency possible...
July 27th, 2016 1:08 pm
Looks like we are down to about 10 companies for our consumer goods:
Just like banks, airlines and cable companies!
The Illusion of Choice in Consumer Brands
Explore the full-size version of the above graphic in all its glory.
If today’s infographic looks familiar, that’s because it originates from a well-circulated report that Oxfam International puts together to show consolidation i...
May 13th, 2016 2:40 pm
Reminder: Harlan is available to chat with Members, comments are found below each post.
December 15th, 2015 2:15 pm
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!
PhilStockWorld.com 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, ...
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...