View Single Comment
See our disclaimer here.
See our disclaimer here.
December 5th, 2013 12:00 am
Courtesy of Benzinga.
Global nutrition company Herbalife (NYSE: HLF), welcomes the judgment by
a Belgian Appeal Court that states the company's sales model is in full
compliance with Belgian law. This judgment overturns a previous ruling
by the lower court, in response to claims brought by Belgian consumer
organization Test-Aankoop, that Herbalife was operating a pyramid scheme.
Herbalife always believed that the first judgment contained factual
errors and was based on misinterpretations of its direct-selling sales
method, and was confident that the original judgment would be overturned
Herbalife continues to focus on supporting its independent distributors
and their customers in Belgium, and the company remains committed to an
December 4th, 2013 10:12 pm
Submitted by Tyler Durden.
Submitted by Michael Krieger of Liberty Blitzkrieg blog,
The absurd “War on Gold” that India has launched this year has been covered many times on this site. From the moment I read about it, it was obvious that if Indians want their gold, the Indians will have their gold. You can’t break thousands of years of tradition and culture because of the ignorant whims of a few bureaucrats.
Earlier today, Reuters published an article detailing the exten...
December 4th, 2013 9:07 pm
Courtesy of Mish.
The Daily Caller reports Video called ‘Forget About The Price Tag’ wins HHS grand prize for promoting Obamacare.
The Department of Health and Human Services has crowned a YouTube video entitled “Forget About The Price Tag” as the grand prize winner in a contest meant to encourage young people to sign up for Obamacare.
The video contest, announced in August — in partnership with a group called Young Invincibles — encouraged participants to produce clips filled with pro-Obamacare messaging.
HHS’s grand prize-winning video, announced Monday by the White House, features a young woman named Erin McDonald singing an Obamacare-loving version o...
December 4th, 2013 6:46 pm
Courtesy of John Nyaradi.Stock Market Retreats Slightly on Volatile Trading DayEditor's Desk: Wall Street Sector Selector ETF News Alerts, MW2, U.S. Markets Desk | John Burke | December 4, 2013 6:46 pm __reach_con...
December 4th, 2013 6:35 pm
Courtesy of Doug Short.
One of my favorite long-term economic indicators has been the historical pattern of vehicle miles driven. I post a monthly update on the topic shortly after the Department of Transportation's Office of Highway Information publishes its latest data on Traffic Volume Trends.
My preferred way to analyze the data is on a per-capita basis, so I was particularly interested in a study release earlier today by U.S. PRIG on the decline of driving in major cities.
Here is an excerpt from the press release:
The report, "Transportation in Transition: A Look at Changing Travel Patterns in America's Biggest Cities," is ba...
December 4th, 2013 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
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....
December 2nd, 2013 6:14 pm
Repeating Friday’s market performance, today, the S&P 500 sold off in the last 30 to 40 minutes, giving up its entire daily gain for a loss of 0.27%. Nevertheless, it did gain 0.1% last week for its eighth consecutive weekly gain.
The Small-cap Growth style/cap was the leader last week, gaining 1.58% and raising its leading one-year gains to 43.67%. The growth style continued to dominate value in all three major market cap ranges. Value delivered a negative performance for the week in both large- and mid-caps. (See market stats.)
Interestingly, all economic releases last week, and again today, beat estimates with only one exception, Consumer Confidence, which had been expected to...
December 1st, 2013 9:06 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...
December 1st, 2013 2:17 am
Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.
The latest Stock World Weekly is Here. Please sign in with your user name and password or sign up for a free trial.
Hope you are all having a great Thanksgiving Weekend.
October 28th, 2013 8:28 amSubmitted by Mark Hanna
These rallies are becoming familiar. In early July we saw a streak of 12 of 13 sessions in a row up, early September 11 of 12, and mid October 11 of 13 (current streak). It is a bit uncanny the similarities and how the escalator goes straight up in vertical ascent as we see indexes come out of mini corrections during QE. So we are about at the same stage where the last two began to tire, so it will be interesting if this is similar or if the current consensus of the market that there is nothing to worry about until next year as the Fed and D.C. are both off the table and this 3% annual growth rate in earnings we are now seeing in the S...
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...
September 10th, 2013 1:59 pm
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
Come and get it! Read all about it! Biotechs, biotechs and more biotechs to buy buy buy for your portfolio! To date, almost 30 biotech companies have hit the market. Most of the time, there are fewer than 10-12!
For the last five years, biotechs have had issues obtaining offer prices above expectations. In 2013, that trend looks to be broken. According to BiotechNow, the offer prices are 4% above expectations! In addition, biotechs are going public with little more than a wing and a prayer (pre-clinical or Phase 1 data only). Really? What this means is that the drug or technology looks good in mice, rats, or dogs, etc, but there is no smidgen of evidence that it will work in humans. That's what is called an appitite for RISK!
Of the thirty or so companies, several came ...
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...