Murderers’ Row

 

Murderers’ Row

Courtesy of 

Blessed to be surrounded by colleagues who make me think, teach me new stuff everyday and write incredible, fact-filled investment stuff on a regular basis that just absolutely kills. Three people on my Murderers’ Row did extraordinary stuff just now, and you’re going to be a smarter, more informed investor if you read these…

Ben Carlson wrote about edges, and how quickly competition competes them away once they come apparent. Did you know that in the 1950’s, individual investors owned 95% of the stocks on the market and today 95% are held by institutional investors instead? Or that “in 1963, there were 284 people who took the test. Last year there were more than 256,000 CFA candidates.” Read the whole thing below, it’s important to understand the environment you’re operating in:

First Mover Alpha (A Wealth Of Common Sense)

Admittedly, this is a high class problem to have, but it still represents a daunting issue that we talk to investors about all the time – let’s say you find yourself with a lump sum in cash and you’re trying to decide how to invest, do you go all in now or piecemeal the money into the markets using dollar cost averaging? We have to walk prospective clients through a version of this conundrum pretty much every month. Finally, some concrete answers based on data – what is the likelihood that lump sum investing at any point in time will do better than DCA?

Nick’s charts really make this discussion come alive, you simply must read it:

How to Invest a Lump Sum (Of Dollars and Data)

And now, some clarity from Michael Batnick: 

It’s important to look at the worst case because returns aren’t guaranteed, but risk is. If you can just find the right-ish mix of stocks and bonds, you can move onto more productive uses of time like trying to advance your career and spending time with friends and family.” Great charts in this one too, showing how simple this could be if we’re willing to accept it:

Un-Complicating Investing (Irrelevant Investor) 

What are you reading? Tell me here.

And if we can help you with your portfolio or financial plan, talk to us here





  • Phil Killed it tonight trading copper. Anyone who jumped in right after election is up about 75k on one contract! Thanks

    Kapella

  • I would like to thank Phil and PSW crew for the insight and assistance (even the liberals). In December I initiated long stock positions buying stock, writing calls and puts in AAPL, WFR and CHK (scaling in and out). Over the last week I have been trimming back my positions selling stock and taking out my callers and putters. I am now back to my initial 25% position that I started with in December. However this time, my cost basis on shares AAPL, WFR, and CHK is $0! With money to spare from those positions.

    Texasmotion

  • I traded with Phil for approximately three years, and consistently averaged 80% returns yearly... some of which was due to my skills as a trader, but much was a direct result of what I learned as a member of Phil's site.... both from Phil, and the many talented traders that hang out there. Phil... if you are reading along... thanks, again for the approximately $ 3 mil I made tagging along with you.... in order to make you feel good for the work you did... I gave the government 50% of it all, so you made your contribution....

    1234Gel

  • All I can say is — I understand that the Universe sent me to PSW for a reason. So, I'm listening!! …and studying. Your commentary is literally outstanding. …and your members are impressive as well.

    Seaquill

  • thanks for the DNDN recommendation last week phil. that was moneeeee….

    Kwan

  • I have learned more about options in the past 2 weeks as a full PSW member that the previous 5 yrs of making more bad than good option plays. The educational material alone is worth several times the price of admission. I have had an expensive education on what not to do- what is past is past- I am looking forward to profitable/fun future.

    Pstas

  • I am struck by several things over the last few days. First is how level-headed we all are as Greece and China develop. Second is how very helpful it is to see the different trading styles we have, partly because of personal preference and partly because of different stages of development and education. It's very helpful. Well-done, Phil, to have developed this community.

    Snow

  • I picked up one of your recommended Gold plays, the July ABX 30s and sold the Feb 35s, which are now mostly intrinsic value. Is it time to roll these to the March 37.50s, or should I wait this spike out?

    Bill Hoffman

  • Probably the best approach and method I have ever seen for the public and I have worked for some serious traders at the biggest houses doing research. Those guys all have various forms of inside info that you and I do not and cannot have. Davis simply has a great system based on a very deep understanding and experience that gives him market savvy that is very real. A very smart guy and he shares it for a fee. He knows how to use options to great advantage and make money trading.

    DowntoEarthThinking

  • Phil, those OIH $80 p that you recommended last week for ~$1 are now worth $5.50!

    Greg

  • I have followed a lot of Phil's picks over the last several years and made money using the exact option strategies he outlines. Of all the contributors on SA, he offers the most actual and ready to implement advice that has put money in my account. Many of us on SA actually are sad when we don't see Phil's postings for an extended period.

    Brenteaz

  • Have been a member for about 6 months or there abouts. Signed up for a quarter at first and then for a year. To me, and it's only my opinion, it's an investment and I have made the membership fees back many times over on the strategy advice. Since joining and implementing the strategy of buy/writes and hedges I have cut my portfolio losses for the year and have a really good chance of going positive this year. If I would have continued down the road I was on, I would still have been fumbling around without a strategy and completely inept in what I was doing. I feel now the strategy is working and I am far more comfortable with the risks I am taking. I still have a lot to learn but I feel the fees have been one of the best investments I have made. The returns have been fantastic. Still have problems with the politics but hey nobody is perfect

    DKGuy

  • Phil: Thank You! Scaling, Scaling, and Scaling… then patience, patience, patience I'm 2 to 1 short and even on a day the broad market is up I had my largest one day gain in years. The last 6 weeks in fact have been great. I really feel I've learned to use some tools that will enable me to deal with the turbulence ahead. Selling short calls is definitely my preferred approach. Even allowed me to play golf this afternoon while the premium melted away and shoot a career low round. I owe you man!

    Lincoln

  • Thank you so much for the good daily news in review Phil. I love your commentary! It is such a breath of fresh air in the smog cluttered news networks.

    RJRoberts

  • Phil - I got your earlier trade a month or so ago on MSFT 2015 32/37 BCS, selling 2015 30 puts. Nice up 75% now!

    Jomptien

  • It is amazing how much confidence you engender, Phil………..I knew the 1% a day trades and repeated often were possible as I had done in stretches, and I knew kill zone trades were also possible and 5% to 10% returns per month were very possible with practice, experience and smart risk management all without having to take a lot of risk, but I guess I was talking to the disbelievers and since I have dropped them into my 'why bother to try to explain it' file and come over to the dark side at PSW I feel soooo much more content not only with the returns, but with the company and a comments and the obvious opportunity to learn and learn and learn some more. It all helps the mental and emotional discipline of the trading too. So thanks again.

    Roro

  • Phil – I think I finally figured out your "crystal ball" time frame. You're about 5-14 days AHEAD of what the market is going to do. It's taken me a long time to realize this, but boy it's been profitable. I go in when you recommend something at about 25% allocation, and then add to it each day it "goes the wrong way" Then BOOM, one day it's all good…. The long put list was literally exact in it's timing.

    Burrben

  • WOW, look at DRYS go. Nice call on the entry the other week Phil. I got 200 at $6.66 and sold a 7.5 call for $.50, then on the tear today sold another 7.5 call for $1. This should puts me in at an average of $5.91 and called away at $7.5 for a profit of $300+ after commisions. Once again another Phil trade pays for this months membership.

    Craigzooka

  • My watch list looks like a grid where Phil's recommendations went UP and everything else went DOWN! It looked something like an ad for Philstockworld. I am half in cash, followed the recommendations (AAPL TASR YHOO) on a 20K portfolio and still up 1% for the day. Thanks!

    Sn0gr00ve

  • In options trading, one must remain flexible with the ability to adjust to take advantage of the unexpected moves in the market. It is like chess - spend most of your time strategizing the next move. A good understanding of options is necessary to change direction and make adjustments as the market moves against you. I have a friend that honed his option skills while a member of Phil's elite membership over a period of two years. With the education acquired, he made over $2 Mil in that period, trading options and following the plays put on by Phil. If making money is your goal, then he is the go-to guy, as he knows option strategies better than anyone, and market timing is also a skill he has mastered.

    1234gel

  • Peter D: great write-up for Short Strangles, Part 1, looking forward to Part 2, particularly the adjustment part.

    RMM

  • Bought some QQQ's today on the dip. Added a little bit more to my son's account. Up about 8% in 2 months! I think I've learned some stuff here. Thanks to all that contribute, and of course to the boss. Thanks Phil!

    JeffDoc

  • I love volatile days like this when you can make a bunch of money on these big swings. As long as you have Phil on your side calling the bottoms and the tops of course.

    craigsa620

  • Phil - I caught the interview…. terrific!. Your host recommended that the viewers should " go to your site, as you will be entertained ". That is for sure if you consider entertainment is laughing while you read, learn and make unbelievable leveraged profits that you never thought were possible. That is my kind of entertainment !

    Gel1

  • Gel1…..I've been here 6 months, mostly watching and learning. Lots of smart people on the site and I've learned a lot from Phil and many others. //// Inflan - I have to trump your sentiments regarding the wisdom of the board. I have to thank Phil and the many contruibutors for a 80% profit for 2009. I have learned a lot and am still learning ( even occasionally about political issues - ha! )

    Iflantheman & Gel1

  • Phil - I celebrate today, having reached my goal for the year, trading in sync with your education and guidance, of 1 million in profit. I learned a lot, achieved much, and am profoundly grateful. To be honest, when I set the goal I thought it was daunting, as I have for many years been an investor in equities but did very little with options. Learning and doing has for me been a blast! I reached my goal by following Phil's strategies - lots of Buy/Writes, covered calls on equities , naked put entries for income production. I did it with 2.5 mil and kept 600,000 in cash in case I got in trouble. I concentrated on stocks (many of my own choosing) that had decent dividends and wrote front month calls against (OTM) which has worked well in this market run. 25% of my gain is in dividends and premium selling, with the balance in appreciation.

    Gel1

  • I want to thank you for the FREE LL trade. I This was the first spread trade for me and promised to join your service if I made money. I closed the spread last week and will be joining next week when we return home.

    Captain Mogul

  • I have followed along with your commentary and alerts and have been flabbergasted at your quick analytical skills and your journalistic skills to explain it clearly. In a little over three weeks I have cleared almost 1000.00 dollars and got an intensive education at the same time. I would like to immediately upgrade my membership.

    TokyoLife

  • Greetings Phil, I am an Economist at Harvard and some of my colleagues and I would like to let you know that we follow your posts on SA, and find your analysis refreshing, rigorous, and acute. Great work! Though many of us (including myself) have our work covered in the Wall St Journal, in many ways your macro commentary is more fearless and accurate than what is generally found in that venerable publication. Kind regards, Daniel

    Daniel

  • Thanks for all the work you put into this site. I have looked at a few other option advisory or "mentoring" services this year, but no one offers even a fraction of the content or the level of services you provide at PSW!

    Jelutuck

Tuesday Already? Short Week but Plenty of Problems

We've got 99 problems and Trump is only 69 of them (nice!).

I hate to start a short week off this way but, "lest we forget" – here's SOME of the top issues (just the ones still making news this weekend):

That is just this morning's round-up and I'm not trying to bring you down but, as noted by Jeff Gundlach, when asked how he consistently has one of the top-performing funds in the World, "I look at the News Wires more than anyting else,…  I think what's important is to look at the news flow and watch for those times when the news doesn't change, but the interpretation does – or the news does change, and the interpretation doesn't.”


continue reading





Modern Monetary Madness

 

Modern Monetary Madness

BY JOHN MAULDIN, Thoughts from the Frontine 

More than 10 years ago some Australian readers begin regaling me with the ideas of economist Bill Mitchell of the University of Newcastle in New South Wales. He was teaching about something he called (and he coined the term) Modern Monetary Theory. I looked into it and fairly quickly dismissed it as silly. Actually printing money as an economic policy? Get serious.

MMT is a revival of an early 1900s idea called chartalism. Now it is influencing the thinking of new socialist-like movements in the US and other places and cited by politicians. MMT is increasingly appearing in mainstream media like this sobering Financial Times article. Since it is increasingly discussed in more public venues, you should know more about it and that will be today’s topic.

Before we go into that, I want to remind you that Priority Pricing for the Strategic Investment Conference ends on Monday, February 18. You can save up to $1,000 over the final registration price. On Tuesday, the price goes up substantially. (See below.*)

Join me in Dallas. Now, on with our letter.

Modern Monetary Madness

Essentially, MMT espouses that the public through the government owns the process of money creation, and that in addition to borrowing and taxing, should simply issue currency as payment for its obligations. This is not the sleight-of-hand that quantitative easing was. This is direct monetization in lieu of borrowing.

If that sounds like printing money, that’s because it is. Upfront and in-your-face as a serious economic proposal. Most of the time when I am talking with my fellow writers and economists, when somebody mentions MMT, everybody smiles, maybe chuckles, and shakes their heads. The problem is, what seems like a joke is actually getting traction.

Let’s get the official definition of MMT from Wikipedia. My comments inserted are in brackets.

 In MMT, "vertical" money (money created by the government and spent in the private sector) enters circulation through government spending. Taxation and its legal tender enable power to discharge debt and establish the fiat money as currency, giving it value by creating demand for it in the form of a private tax obligation that must be met. [And thus…
continue reading





Is blockchain all hype? A financier and supply chain expert discuss

 

Is blockchain all hype? A financier and supply chain expert discuss

File 20190121 100276 1w0wtis.jpg?ixlib=rb 1.1

Iaremenko Sergii/Shutterstock.com

Coutesy of Carlos Cordon, IMD Business School and Arturo Bris, IMD Business School

This is an article from Head to Head, a series in which academics from different disciplines chew over current debates. Let us know what else you’d like covered – all questions are welcome. Details of how to contact us are at the end of the article.

Arturo Bris: Have you ever watched footage from the early 1980s of people trying to explain the internet? They’re sceptical and confused and have no idea how to say “@”, which is comical given what we now take for granted. But that’s where we are with blockchain now. People don’t believe in it because they don’t understand it.

Blockchain is a technology with two ingredients: the first is a distributed ledger, meaning a database with identical copies held by everyone in a network. There is no intermediary, no central data depository. The second is a consensus algorithm (and this is the true innovation in the technology): the ability to digitally agree on any change in the data. It is the set of decision rules by which any new entry in the database is accepted and then shared by everyone.

The consensus algorithm will be different for every blockchain – some work on a simple majority rule, some (such as Bitcoin) have a subset of members paid to fulfil that role, and others have much more complicated arrangements. The structure of the database is also particular, because it is structure as a sequence of entries (a ledger), not a deposit.

If you don’t understand blockchain, get educated, because it’s an amazing new technology that’s going to revolutionise the world. It’s going to monetise and unlock value that today is hidden. The social impact is going to be massive. It’s going to permit new avenues for human interaction that didn’t exist before.


Carlos Cordon: I’m not sure about that, Arturo. I, for instance, understand what blockchain is, but I don’t believe that it’s…
continue reading





From cannabis edibles to plant proteins: 2019 food trends

 

From cannabis edibles to plant proteins: 2019 food trends

File 20190211 174857 b1nlw3.jpg?ixlib=rb 1.1

Plant-based foods, including fruits and vegetables, will be more popular this year. Sydney Rae/Unsplash

Courtesy of Michael von Massow, University of Guelph; Aaron De Laporte, University of Guelph; Alfons Weersink, University of Guelph, and Liam D. Kelly, University of Guelph

Food continues to find its way into the consciousness of Canadians.

It’s in our news feed, on our television screens and, more and more, part of our day-to-day conversations. The challenge is to separate the fact from the fiction, the ephemeral from the soon-to-be everyday. The University of Guelph’s newest Food Focus Trends Report highlights six key trends likely to be front and centre this year.

Flexitarians on the rise

While vegans and vegetarians get all the attention, the flexitarians are rapidly growing in number — and in clout. A flexitarian is someone who is eating less meat rather than giving it up entirely.

Almost 85 per cent of Canadians claim to eat at least one vegetarian meal per month, with nearly 50 per cent saying they do so at least once a week. Despite only seven to eight per cent of Canadians identifying as vegetarian or vegan, the conscious consumption of flexitarians will likely have a profound impact on the quantity and types of meat we eat as well as spurring the growth of protein alternatives.

By choosing to eat less meat, consumers are likely to indulge in more premium cuts while sacrificing staples like ground beef.

Plant-based proteins are also sure to grow in popularity, as are those from previously taboo sources, such as insects. Canada’s new Food Guide also recommends an increased focus on plant-based foods.

Should Canada’s meat industry be concerned? Possibly, but increased international demand should keep overall prices in our country steady for the foreseeable future and population growth here will also continue to increase the total demand for meat.

Easing fears about gene-editing

If comic books and horror movies have taught the average Canadian anything, it’s that nothing good ever comes from playing with genes.

Unfortunately, fiction can sometimes be more…
continue reading





TGIF – On Again, Off Again Trade Deal Weighs on the Market

There is no trade deal

That's why the Asian markets fell 1.5% this morning although, this morning, a lot of people are acting like we're making progress so the Futures are creeping up again – and that's fine with us as we'd LOVE to have an opportunity to short them for the 3rd day in a row.  We made $600 per contract from Wednesday Morning's Trade Idea and $1,200 per contract on Thursday Morning's Trade Idea (it only costs $3/day for you to get these ideas) and this morning we're HOPING to re-test 25,600 on the Dow (/YM) Futures but I think we're more likely to fail or, at best, drift into the holiday weekend.

If you cut through all the "he said, Xi said" noise of the trade rumors, the FACT of the matter is Lighthizer and Mnuchin just spent a week in China and accomplished nothing and now they are talking about extenting the March 1st deadline by at least 60 days, which is a major embarrasment for Trump, who set the arbitrary deadline and forced the problem in the first place.  We haven't even BEGUN to have trade talks with Europe or Japan and Trump has threatened more tariffs on each of them – even though we're not even sending a negotiating team.

This is very much in-line with my premise, which we discussed last week – that Trump DOESN'T want a trade deal – he just wants the tariff money and as long as his base remains too dumb to understand that THEY are the ones paying these tariffs – not China, not Mexico, not Europe or Japan – then Trump can use the tariffs to help "balance" his budget.  I put "balance" in quotes because, when you are running a $1.2Tn annual deficit (yes, it's up 20% since last time I looked) – giving up a projected $200Bn in tariffs would raise your deficit another 20% and you would, officially, be the WORST PRESIDENT EVER!

As noted by Bloomberg: "Trump appears to have over-estimated his own power in these talks. There is a reason the original package of U.S. demands to China was dubbed the “surrender-or-die” list by experts. Trump’s trade hawks believe nothing short of a Chinese
continue reading






 
 
 

Phil's Favorites

Designed to deceive: How gambling distorts reality and hooks your brain

 

Designed to deceive: How gambling distorts reality and hooks your brain

The longer they keep you plugged in to a game, the better it is for the house. AP Photo/Seth Wenig

Courtesy of Mike Robinson, Wesleyan University

To call gambling a “game of chance” evokes fun, random luck and a sense of collective engagement. These playful connotations may be part of why almost 80 percent of American adults gamble at some point in their lifetime. When I ask my psychology students why they think people gamble,...



more from Ilene

Zero Hedge

Citi Ready To Replace "Tens Of Thousands" Of Call-Center Workers With Robots

Courtesy of ZeroHedge. View original post here.

Citigroup is apparently preparing to follow through on its promise it shed as many as 20,000 operations and technology positions, according to an interview with CEO Mike Corbat that was published Tuesday in the Financial Times.

...



more from Tyler

ValueWalk

Whitney Tilson Likes Activision Blizzard On Fortnite Mania

By Jacob Wolinsky. Originally published at ValueWalk.

Whitney Tilson‘s email to investors discussing Activision; Snapchat; TradeStops; and hiring writer or editor .

1) I’m going to start sending out short blurbs on stocks that are on my radar screen that I think are interesting enough to do a second round of research. To be clear: these are NOT stocks I own or am recommending – just ones that pass my initial five-minute screen (which few do these days!) that I’m doing some more work on. That means reading the latest quarterly earnings and annual report, investor presentation, any write-ups on ValueInvestorsClub, SumZero or Seeking ...



more from ValueWalk

Kimble Charting Solutions

Doc Copper About To Hurdle Important Breakout Level?

Courtesy of Chris Kimble.

Doc Copper often times sends important messages, to the global economy, reflecting growth or lack thereof. An important price test is currently in play for Ole Doc Copper!

The long-term trend for Copper remains up, as it has created a series of higher lows for the past 18-years along line (1). Over the past few months, Copper could be creating a double bottom just above this long-term rising support line at (2).

The small rally of late has Doc Copper testing the top of its 6-month trading range at (3).

Can ole Doc Copper hurdle this important breakout leve...



more from Kimble C.S.

Insider Scoop

The Street's Early Reaction To Walmart's Q4 Beat

Courtesy of Benzinga.

Related WMT Mid-Morning Market Update: Markets Edge Higher; Walmart Tops Q4 Expectations Walmart Brings Bright Spot T...

http://www.insidercow.com/ more from Insider

Digital Currencies

Cryptos Are Surging: Bitcoin, Ethereum Hit One-Month Highs As Institutions Dip Toes

Courtesy of Zero Hedge

Cryptocurrencies are surging while the US equity markets take the day off. Ethereum is up over 18% from Friday's 'close' and the rest of the crypto space is a sea of green. While no immediate catalyst (headline or technical level) is clear, increasing chatter over institutional investors dipping their toes in the space have prompted an extension of the positive trend.

A sea of green...

Source: Coin360

Ethereum is leading the charge follow...



more from Bitcoin

Chart School

Weekly Market Recap Feb 17, 2019

Courtesy of Blain.

The “V” shape bounce continues in unrelenting fashion as bulls are stampeding bears in 2019!  All due to a little “patience” from the Federal Reserve.  It is really quite breathtaking but we have seen it repeatedly the past decade as the Federal Reserve pours gas on the market.  Hopes for a deal with China also spurred the action upward.  Rallies (both with gap ups) on Tuesday and Friday provided the juice this week.   The S&P 500 is back over its 200 day moving average after being below for 46 days – it’s longest period of time below that level since March 2016.

Mat Klody, chief investment officer at Keebeck Wealth Management, told MarketWatch that the major benchmarks’ steady march higher since the beginning of the year is being driven &#x...



more from Chart School

Biotech

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

Reminder: We are available to chat with Members, comments are found below each post.

 

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

Illustration of acute lymphoblastic leukaemia, showing lymphoblasts in blood. Kateryna Kon/Shutterstock

Courtesy of Alba Rodriguez-Meira, University of Oxford and Adam Mead, University of Oxford

...

more from Biotech

Members' Corner

Why Trump Can't Learn

 

Bill Eddy (lawyer, therapist, author) predicted Trump's chaotic presidency based on his high-conflict personality, which was evident years ago. This post, written in 2017, references a prescient article Bill wrote before Trump even became president, 5 Reasons Trump Can’t Learn. ~ Ilene 

Why Trump Can’t Learn

Donald Trump by Gage Skidmore (...



more from Our Members

Mapping The Market

Trump: "I Won't Be Here" When It Blows Up

By Jean-Luc

Maybe we should simply try him for treason right now:

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.

By Asawin Suebsaeng and Lachlan Markay, Daily Beast

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the nationa...



more from M.T.M.

OpTrader

Swing trading portfolio - week of September 11th, 2017

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 ...



more from OpTrader

Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

...

more from Promotions





About Phil:

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...

Learn more About Phil >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>