Non-Farm Friday – Is America Working?

Analysis: Breaking Down the Unemployment Crisis by Industry | U.S. Chamber  of Commerce10M jobs.  

That's how many jobs we need to make up just to get back to where we were, which still wasn't full employment.  Let's say those 10M people made an average of $50,000 per year so that's $500Bn in wages lost and wages are generally less than 1/3 of revenus so that's $1.5Tn (7.5%) of our $20Tn economy still lost in the pandemic, reflected JUST in those 10M wageless people.  Add that to the overall slowdown in the rest of the economy and you can see why "maximizing employment" is what the Fed is all about.  The economy is all about putting people to work and I know you are trained to think PRODUCTIVITY will save us but Q4 productivity was DOWN 4.2% – the worst drop in 39 years (1981).

Hours Worked for those who still have jobs were down 10.1% from Q4 2019 but Unit Labor Cost was UP 6%, meaning it was costing more money to get the same amount of productivity from the workers.  Why is that?  Working at home is slightly less efficient and the supply chain is a total disaster, which causes parts and material shortages so, if you show up at the factory to make a car but there are no tires….  well, you are not going to be as productive, are you?  

Of course, it doesn't have to be a whole tire that stops you from making a car, just missing a lug nut or that little thing where you put the air in can stop you from making the whole car.  Right now it's chips that are causing the biggest problems across many industries – you can't make most products without microchips these days.  So the whole World has to be healthy in order for our economy to be healthy – just putting America First doesn't get you into first place.

The Role of Supply Chain Management in Your Business Operation | Supply  chain management, Global supply chain, Supply chain logistics

 

Global Supply Chains Explained … in One Graphic | U.S. Chamber of Commerce

Looking at the Boeing plane, for example,
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  • Newer member here, but just wanted to say thank you too. I've learned so much and I hope you'll be around for a long time helping us learn along the way.

    Where

  • I have been here a year, and made most of my money back from the 14K fall. The people here are more than willing to help whe Phil cannot get to it. FWIW - This site is my brokerage firm, I was with Wells Fargo Portfolio and it was costing a fortune to trade, the costs here are more than offset with the data, trade ideas and profits you should make.. and I get a chuckle out of Cap and Phil's rantings on healtcare, guns, oh, yeah, and government….

    Pharmboy

  • Phil - Moved today to send kudos. You're in my top 5 to see/read daily. I do not trade... but as former econ-finance adjunct faculty near Stanford U. I give you lots of attaboys.... and provide your links to many to spread some understanding of the mess we are in. Best to you and yours,

    HJ Kobbeman

  • Thanks, I managed to make 2k today so I am happy…and feel like I am finally getting it. New equipment and a quiet place to work helps a lot. I am happy for all the members that took your /NKD advice….that was fun I am sure! coke Take your vitamins…I don't know how you do all this! but, keep it up!

    Coke

  • Phil – I wanted to tell you how much of a privilege it is to learn from your every day. You are a shining beacon in the life of so many investors. You have assembled probably the best group of people in the history of financial blogging and you, yourself have done more to help investors in the last 6 months than all previous financial advisors combined.

    StJeanLuc

  • Thank you Phil we appreciate all the work you put in to teach us valuable lessons about investing.

    Pat Swap

  • Phil - I just referred 10 people. Last week was a 50% gainer for me. There are companies that want to sell mentoring service for thousands of dollars. This is far better of a deal with very good advice.

    Steve

  • 10/15/2014: Phil…..been travelling more than not but reading and watching you guys every night. This is to say a big thank you. Even though I don't have the time to trade every day now I set up hedges and base long term strategy on PSW. I now it may sound like BS to some readers but my 401k is down a mere 3%. It hardly gets my attention when I open my brokerage portfolio accounts. And that is by using your longer term hedges and strategies. I don't need to be a day trader to take advantage of PSW. At this time in my life when I cant trade every day……. not losing what we've gained moves front and center. It's just a great feeling to watch your brokerage account hold steady in a sea of red. Thanks Teacher.

    Livingfull

  • From following Phil I have opened up BCS and occasion will strangle some stocks. I will occasionally hedge using an ETF ultra. I have a big take down occasionally but so far I am way ahead of the S&P, and since buying into PSW some years ago by seeing Phil on Seeking Alpha I feel more confident in my abilities. FYI I am a retired entrepreneur formerly in the real estate and insurance businesses.

    Newthugger

  • Phil… My portfolio, in the past few months, has acheived a high degree of stabilization. I've noticed that on up days, down days, even days, it doesn't matter, my portfolio rarely varies more than 2%. And over the long haul it just slowly increases in value. I attribute this not to investment choices, but to style. Thanks to you and others on this site I'm paying close attention to position size, delta neutrality, downside protection, and concentrating on selling premium rather than buying it. I've developed increasing patience, not having to trade daily, or even weekly. I'm concentrating on the finer points of trading, letting the profits come to me, rather than the other way around. I appreciate the help everyone here has given in getting me focused on this principle. I'm pumped!…in a calm sort of way.

    Iflantheman

  • 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

  • Thanks Phil for all you do. I feel like I don't read all the newsprint because when I check in with you I know I get the "real" scoop. Your service is number Uno in my book for all the knowledge and teaching. I ignored the aapl spin and am now enjoying some rewards. Every AM I get my Phil fix and throughout the day any important links. Mucho gracias. It leaves me time for my volunteer work besides the investing.

    Pirateinvestor

  • Phil, you are the man. My positions in ABX and CLF are up massively this year, and doing very nicely with USO and UNG. TSR is another winner. Just waiting for the TSLA short now!

    Rookie IRA Investor

  • Well that was a fun day. Cashed out my GS 140 calls for about 35% profit and my AAPL calls for 38% gain. Not bad for 40 minutes of work. Back to 85% cash.

    Singapore Steve

  • Phil has some great insight into the market. He's given me a different perspective on the market and I know I'm a better trader/investor because of it. I've been trading options since the late 80's and Phil is right. Unless you know what is going to happen (how can you, unless you have insider information), then do what the smart money does - be the house. Remember guys, we're allowed to sell options. If you're afraid to be short, then do a spread to limit your liability. When I think about the money I've made and lost on options, a good approximation is that I win 30% of the time when I do a straight buy; I win about 70% of the time when I do a spread; I win nearly 90% of the time when I sell naked.

    Autolander

  • Phil, I don't know if I told you lately but you da man! I'm doing so much better following your guidelines. It's like you actually know what you are talking about. 8-) I've tried a lot of services and none of them are as comprehensive or honest AND successful. I appreciate all youz other guys/gals input as well…learning tons as a relative newbie to this game.

    Aclend

  • Thanks for the oil tip Phil: Bot & sold the USO May 29 calls for net $125. Not bad for few minutes work.

    JWick1981

  • Phil- I want to let you know that you really helped me make some money this morning when I probably would have lost on my own. I was stuck in doctors waiting rooms most of the morning starting at 8AM. By following the game plan you laid out and using my smartphone, I went short on oil whenever we got to 61.50 and long at 61 waiting for the spikes ahead of inventory. When 10:30 rolled around I was out after selling longs at 61.60 a few minutes earlier. I went short at 61.75-61.80 and voila, rode it down to 60.60 or so. Thank you.

    craigsa620

  • Phil/CL-that play made a quick $500 per contract! Took all of 10 minutes! I want to thank you for helping me not just learn a bit about trading, but giving me some confidence and most of all a rewarding "hobby" to look forward to each day. I have had a few mistakes and losses along the way, but I have had some great wins too and I am now consistently making money trading futures and have even learned to go to sleep while holding a losing position knowing that tomorrow is always another opportunity to win again. So thanks again for your help and patience along the way.

    Craigsa620

  • There are a lot of us that have been here a long time and we all learn something everyday. Just keep asking questions, there are a lot of smart people here and they are willing to help and then of course, you have Phil.

    Jr Mints

  • Phil – great calls this past week, esp. friday and monday. in the old days I would have let Prechter et al scare me into trimming my longs and going short at just the wrong time. your feel for the markets is Tiger-esque. CHK, HOV, BX, TLT and XLF are big winners for me today. My biggest up day in a long time. Thanks!

    Terrapin22

  • Phil – In the event of a mkt meltdown, which of the indices, in your opinion do you think has the most potential for % move down. I'm looking at call options on SDS and the DXD. Any thoughts? Ideas? Thanks .. and thanks for being a great teacher! I've learned so much in only a month!

    Louis631

  • Phil: I cleaned up today. A rather stark contrast to my untutored performance April/May 2009, after I had written to you to explain how wrong-headed your bearishness was. Many thanks. I ran into someone once who played on the Bulls with Jordan for quite a few years. He was asked what he had learned from playing with MJ for so long. He smiled and said "Give him the ball."

    Zeroxzero

  • Phil - Another excellent teaching article - when you write like that it blows me away. Thank you! I had the ideas from earlier articles but what I didn't have was enough understanding. The familiarity of ideas through repetition, re-working, revision - over time - the variation, the pulling out of implications - it all contributes to understanding and mostly thats on the student - but a good teacher (worth their weight in gold) makes understanding a pleasure. I wanted to learn about trading options because it makes my brain feel better - fitter, healthier. Actually mostly it makes me happy to think about the trade and trading options. You are a good teacher and I know that or I wouldn't value the subscription the way I do. It pays for itself through the pleasure of understanding alone.

    Redfern1

  • I have to thank you for excelling yourself during this past week. I have spent a good few hours going over your notes and comments and there are so many gems on repairing and rolling trades that I have been beavering away on paying special attention to my major positions and analysing them using your approach on Tuesday. Being able to look at a group of trades on the same underlying (in this case AAPL) and taking a detached view by assessing the impact of the underlying reaching different price points was extremely reassuring.

    Winston

  • I read you every day. Smart. Prescient. Good advice. Righteous anger. Even made some money on your ideas. Keep it up.

    Catfoodgen

  • Simply the best blogger with the greatest group of members a person could surround himself with on trading day. I've been trading for quite some time now and the insights & suggestions offered by Phil and the members keep me on a continuous learning cycle.

    DDay

  • Phil — gotta thank you for your advice this week, and especially today. I took many aspects of your advice this morning, with all of my shorts -- being prepared on the short side, selling into intial excitement, taking the money and running, not being greedy. I also made money on the your /QM and /YM calls. It used to be I would be terrified of weeks like this one. Now, it feels somewhat comfortable, for want of a better word.

    Escohen5

  • HOTT / Got great trades with it: Enter 6.75 at open, out at 7.18 (avg) at 10:13 Reentered at 7.00 and out all 7.11 few minutes ago- Was a small play but I collected enoght for next month PSW subscription.

    Spider

  • 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

Phil’s Stock World’s Weekly Webinar – March 03, 2021

 

For LIVE access on Wednesday afternoons, join us at PSW! 

Phil's Stock World's Weekly Webinar – March 03, 2021

 

Major Topics:
 

00:00:01 – Checking on the Market
00:01:27 – Crude Oil WTI
00:04:52 – Nasdaq 100
00:06:13 – STP
00:08:01 – TZA
00:10:41 -LTP
00:11:49 – SKT | INTC
00:14;15 – LTP | STP
00:14:27 – Butterfly Portfolio
00:14:38 – Dividend Portfolio
00:14:43 – Earnings Portfolio
00:14:49 – Future is Now Portfolio
00:14:54 – Money Talk Portfolio
00:18:09 – Ty Cobb
00:27:08 – NRG
00:38:26 – Money Talk Portfolio
00:42:50 – GNRC
00:46:53 – DIS
00:47:33 – RCL
00:53:40 – Comic-Con 2021
01:00:20 – Beige Book
01:13:43 – Trading Techniques
01:25:24 – Indices
01:25:54 – Nasdaq 100
01:27:17 – Russell 200
01:27:29 – DJIA
01:27:37 – VIX
01:28:12 – Bonds
01:30:53 – Energy
01:32:00 – 6 Dr. Seuss Books Cancelled

Phil's Weekly Trading Webinars provide a great opportunity to learn what we do at PSW. For LIVE access to PSW's Weekly Webinars – demonstrating trading strategies in real time – join us at PSW!

You can also subscribe to our YouTube channel and view past webinars here.

 





Free Lunch Thursday – Powell Scheduled to Boost Confidence at Noon

MacroView: 2021 - A Disappointment Of Growth And Disinflation | Seeking  AlphaWhat inflation?

That's been the Fed's consistent message as they like to pretend they can print $9Tn in a single year – adding 25% to the money supply – and it will have no effect on inflation (so we should keep pretending that less than 1.5% for a 10-year note is a fair rate of return).  Any child who's played Monopoly knows that, as more money is put into the game by the banker – more money is spent on things like properties and hotels.  This is toddler economics.  

President Toddler owns a lot of hotels and he was well aware that if, we pumped $9Tn into the economy, some of it would trickle down into his organization.  President T's pals also did very well, with America's 660 Billionaires getting over 1,000 Billion Dollars (1Tn) richer during the pandemic.  A 38.6% gain in their fortunes since March of 2020.  In fact, before the pandemic there were only 614 Billionaries – 46 people became Billionaires in the past year!

The chasm between those at the very top of America's economic ladder and those in the middle and at the bottom was immense before the damage inflicted by the pandemic on the U.S. economy. That divide has widened. According to a study released Monday by economists Bruce Meyer from the University of Chicago and James Sullivan of the University of Notre Dame, America’s poverty rate increased by 2.4 percentage points over the final six months of 2020. That’s the largest increase since the 1960s and is nearly double the largest annual increase in poverty over the last 50 years.  We truly are Great Again for the 666 that are taking in all the wealth.  All hail the ruling class!  

An additional 8 million people nationwide are now considered poor – and that makes sense because you have to take $5,000 away from 8M people in order to give $1Bn to 40 people – that's just math, folks!  Black Americans (5.4% increase) representing a disproportionate share of those thrust into poverty. More than 70 million individuals (or roughly 40% of the labor force) have filed unemployment claims in the U.S. since the start of the pandemic.  10M more people are still unemployed…
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How High Could Inflation Soar In Coming Months… And What Will The Fed Do

Courtesy of ZeroHedge

While we have duly noted the soaring prices in the recent manufacturing and services ISM surveys, which earlier today rose to the highest level since 2008…

… the reality is that these indexes don't do justice to the price panic on the ground. For that we check in on what some of the respondents were saying in the latest Mfg ISM, which were in a word – shocking:

  • “Things are now out of control. Everything is a mess, and we are seeing wide-scale shortages.” (Electrical Equipment, Appliances & Components)
  • Prices are rising so rapidly that many are wondering if [the situation] is sustainable. Shortages have the industry concerned for supply going forward, at least deep into the second quarter.” (Wood Products)
  • Prices are going up, and lead times are growing longer by the day. While business and backlog remain strong, the supply chain is going to be stretched very [thin] to keep up.” (Machinery)
  • “Supply chains are depleted; inventories up and down the supply chain are empty. Lead times increasing, prices increasing, [and] demand increasing. Deep freeze in the Gulf Coast expected to extend duration of shortages.” (Chemical Products)
  • “We have seen our new-order log increase by 40 percent over the last two months. We are overloaded with orders and do not have the personnel to get product out the door on schedule.” (Primary Metals)

Yet while executives at virtually all businesses are now openly panicking about soaring input prices, the Fed is not perhaps because the central planners hope that the burst in prices will be temporary (a function of trillions in stimulus) as wages once again fail to rebound along with costs.

But is the Fed's complacent optimism justified? For the answer we go to a report published overnight by Goldman economists which sees to "size inflation rises in a reopening boom" that is now set to take place in the next few months as covid is finally defeated.

Admitting that price pressures have surged in recent weeks, in its base case, the bank forecasts core PCE inflation peaking at just 2.4% in April—bolstered by the year-on-year comparison to the April 2020 lockdowns — and then end


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Which Way Wednesday? Vaccines by May and $1.9Tn – So What?

Ben Sargent Takes on the Texas 'Stay Home' ProtestersStill not enough? 

As I pointed out last week, these things don't happen in a vacuum and the vacuum at the center of the US economy really sucks.  The stimulus package is being passed, Biden has stepped up the pace of vaccination so that we all should have our shots by Memorial Day and, just this morning, the Governor of Texas announced the state will be "100% open as of March 10th" and sure, he's an idiot and not listening to Health Experts but neither is MIssissippi Governor, Tate Reeves, who will open up his state on the 9th.  

"Our hospitalizations and case numbers have plummeted, and the vaccine is being rapidly distributed. It is time!," Reeves tweeted Tuesday.  In the last year, Texans have "mastered the daily habits to avoid getting Covid," Abbott said. As of Monday, 6.57% of Texans have been fully vaccinated, according to Johns Hopkins University.  "Now is not the time to reverse the gains we've worked so hard to achieve," Harris County Judge Lina Hidago said in a written objection: "At best, today's decision is wishful thinking. At worst, it is a cynical attempt to distract Texans from the failures of state oversight of our power grid."

Even Jason Brewer, of the Retail Industry Leaders Association, thinks this is a bad idea – saying: 

"Relaxing common-sense safety protocols like wearing masks is a mistake.  Going backwards on safety measures will unfairly put retail employees back in the role of enforcing guidelines still recommended by the CDC and other public health advocates.  It could also jeopardize the safety of pharmacies and grocers that are gearing up as vaccination centers."
Trump's Screechy Swan Song: Lining Up Ugly Ducklings for Biden | Random  Lengths NewsHouston Mayor Sylvester Turner said Abbott's announcement "really undermines all of the sacrifices that have been made by medical professionals, doctors, nurses, EMS workers, firefighters, police officers, municipal workers, people in the community."  Austin Mayor Steve Adler told CNN's Anderson Cooper on Tuesday night


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Housing, We Have a Problem

 

Housing, We Have a Problem

Courtesy of 

If you want to listen to me read this blog post, you can do so below. Otherwise, jump to the text.

 

There are three main stories in the housing market.*

  1. People are moving out of apartments and into houses.
  2. People who are already in houses are staying put.
  3. People who haven’t already bought a house are getting priced out.

Interwoven into all three of these are demographics. The largest segment of the U.S. population is people in their late 20s and early 30s. These are the people most likely to be first-time home buyers.

When Covid hit, people who were planning to move out of the city and into the suburbs did so in a hurry. This drove rents down…

…And home prices way up, as you can see in this chart from Len Kiefer. The median sale for an existing home rose 14% in January.

US 12 month percent change in MSA house price index

Demand is not the only factor that’s driving prices higher. As you can see in the chart below, a lack of supply is the oxygen for this fire, and low-interest rates are the jet fuel.

The…
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Zero Hedge

American Airlines 737 MAX Declared Emergency After Engine Issues, Lands Safety In Newark

Courtesy of ZeroHedge View original post here.

American Airlines 737 MAX Declared Emergency After Engine Issues, Lands Safety In Newark

American Airlines Flight 2555 from Miami declared an emergency after the captain shut down one engine due to a "possible mechanical issue," landing the jet safely at New Jersey's Newark Liberty International Airport, reported Reuters....



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Biotech/COVID-19

88% Of COVID Deaths Occurred In Countries Where Over Half Of Population Overweight

Courtesy of ZeroHedge View original post here.

A new report by the World Obesity Federation found that 88% of deaths in the first year of the pandemic occurred in countries where over half of the population is classified as overweight - which is defined as having a body mass index (BMI) above 25. Of note, BMI values above 30 - considered obese - are associated with 'particularly severe outcomes,' accor...



more from Biotech/COVID-19

Phil's Favorites

SLR Chaos Sparks Wild Moves In Swap Spreads

Courtesy of ZeroHedge

There is a reason why we highlighted the earlier report from Politico that FDIC Chair Jelena McWilliams said it doesn’t seem as though banking agencies need to extend the SLR extension.

This matters because as we first explained two days ago in "The SLR Is All That Matters For Markets Right Now", and as Bloomberg's Edward Bolingbroke writes this afternoon, the market is unhappy with the potential risk that bank balance sheets will become significantly more constrained after April 1 (when the SLR ratio will return all else equal and holding excess TSYs will b...



more from Ilene

Kimble Charting Solutions

Tech Indicator Peaking Again At Dot.com Highs? Joe Friday Says Watch This Index!

Courtesy of Chris Kimble

Technology is at the heart of our economy… the same way that industrials were 100 years ago.

And that leadership has been present in the stock market for the past two decades. Today’s chart illustrates this… as well as a potential “pause” in that leadership vacuum.

Below is a long-term “monthly” ratio chart of the Nasdaq Composite versus the S&P 500 Index. Here you can see how technology stocks...



more from Kimble C.S.

ValueWalk

Steve Wolosky Just Won His First Case Against Williams

By ActivistInsight. Originally published at ValueWalk.

Steve Wolosky has long defended the legal rights of shareholders but having just won his first case as a plaintiff, he hopes boards will be reminded of their duties as guardians of corporate democracy – even in a crisis.

Q4 2020 hedge fund letters, conferences and more

Steve Wolosky's Case Against Williams Companies' Unusual Poison Pill

Steve Wolosky, the doyen of activism lawyers, sued Williams Companies Inc (NYSE:WMB) last year in response to a highly unusual poison pill. ...



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Politics

Why repressive Saudi Arabia remains a US ally

 

Why repressive Saudi Arabia remains a US ally

A demonstrator dressed as Saudi Arabian Crown Prince Mohammed bin Salman with blood on his hands protests outside the Saudi Embassy in Washington, D.C., on Oct. 8, 2018. Jim Watson/AFP via Getty Images

Courtesy of Jeffrey Fields, USC Dornsife College of Letters, Arts and Sciences

Saudi Crown Prince Mohammad bin Salman “approved an operation … to capture or kill Saudi journalist Jamal Khashoggi,” according to a...



more from Politics

Mapping The Market

Which Governments Ordered Johnson & Johnson's Vaccine?

 

Which Governments Ordered Johnson & Johnson's Vaccine?

Courtesy of Niall McCarthy, Statista

On Wednesday, U.S. regulators announced that Johnson & Johnson's Covid-19 vaccine being developed by its subsidiary Janssen Pharmaceuticals in Belgium is effective at preventing moderate to severe cases of the disease. The jab has been deemed safe with 66 percent efficacy and the FDA is likely to approve it for use in the U.S. within days.

The Ad26.COV2.S vaccine can be stored for up to three months in a refrigerator and requires a single shot, ...



more from M.T.M.

Digital Currencies

Crypto - It Is Different This Time

 

Crypto – It Is Different This Time

Courtesy of Howard Lindzon

?I have been astonished as you know by the growth of crypto.

I remember back in 2017 when I noticed that Stocktwits message volume on Bitcoin ($BTC.X) surpassed that of $SPY. I knew Bitcoin was here to stay and Bitcoin went on to $19,000 before heading into its bear market.

Today Bitcoin is near $50,000.

Back in November of 2020, something new started to happen on Stocktwits with respect to crypto.

After the close on Friday until the open of the futures on Sunday, all Stocktwits trending tickers turned crypto. The weekend messages on Stocktwits have increased 400 percent.

That has continued each weekend...



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Chart School

The Fastest Money

Courtesy of Read the Ticker

The fast money happens near the end of the long trend.

Securities which attract a popular following by both the public and professionals investors tend to repeat the same sentiment over their bull phase. The chart below is the map of said sentiment.
 


 

Video on the subject.


 

Charts in the video



 



 



Changes in the world is the source of all market moves, to ...



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The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



more from Tech. Traders

Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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

Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

...

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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 >>


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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.