Archive for 2005

Bush Speaks!

Our President is telling us what a great job he is doing.

He got a little carries away with all the red state applause he was getting and started promising them he was going to crack down on underfunded pensions.

Look out below at GM, the Airlines and all the other guys I talked about the last time we visited that topic.

As bush speaks the dollar is dropping against the Euro and gold is shooting up and all the indexes are heading back down.

Interest rates are up and oil is back above $60 so the market is getting pummeled anyway, Bush needs to pick a better ticker backdrop when he talks about the economy.

There is nothing constructive in this speech but nothing so damaging that it should spook the markets but down they go. I can understand the DOW with all the pension laden stocks but not the other indexes.

On the brite side, this will give us an immediate opportunity to test 10,800, 2,250, and 1,250 on the major indexes – where we are right now!

================================

BTW

Guidant hanging at $67 means people don’t actually believe that BSX has that kind of money… I think we will see inverse moves between the two until the deal is clarified.

Trade of the Day – BSX looked scary for a while but is now behaving rationally.

FRK is consolidating here but may not move again until option expiration on the 16th.

GG is up 2.4% since 11:30 recommendation! MRB up 7% so far…

Still not called away on LVS, will follow with trailing .40 stop now.

PLAY is moving up on a terrible day for a stealth attack at the 50 dma of $24.70.

WAG – ok who was worried when it was down .75 today? Hands? Yeah, me too! I take great pride in my Trade of the Day’s and I don’t even like it if they even behave just a little off.

The calls are currently in the red so I still need a couple of good days.

Almost time to go back to HD, might be able to catch it at $40.

I hope everyone got in on that RIMM put today! The $65 put is up 10% so far and the $70 is up 14% (good example of how you make more by buying fewer, more expensive calls). Remember, 10% in a day
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Tumultuous Tuesday

Well, we have a real tempest in a teacup today!

Fed days are often stock market poison but, after 14 rounds of hikes slamming the markets, Rocky may finally be ready to come off the ropes…

Just like the final round in Rocky II (because in Rocky I we were all expecting him to win), it could go either way and we won’t know until 2:20 when the markets either turn up or down, likely reversing whatever they do prior to that time.

The Asian markets are up 100+ pts (as usual) while Europe is more worried about our Fed and is trading down slightly.

Oil is dropping just a bit as OPEC made an early announcement that they will not be cutting production (what a surprise, they will keep selling as much oil as possible for $67 a barrel – gee I’m so surprised). I can scare my little girl by sneaking up behind her 3 or 4 times and still get most of my shriek premium but by the 5th or 6th time, that premium really starts to diminish. OPEC has kids too and they know there is only so long that $25 per barrel will be paid to cover jitters before people realize the monsters in the closet may just be a pile of coats.

World jitters are certainly being reflected in the POG (price of gold) as it flew up to $570 in Dubai but don’t buy yet as the Europeans have brought it back down to $565. The raise will be up to the Americans this morning and I think they just might ahead of a State of the Union message that has people very nervous. Unless the President is willing to tell the people that we will have to suck it up and take some painful steps to get the country back on track (pause for laughter) then there is a serious danger that the world investors will turn their backs on whatever dog and pony show he does try to trot out.

If gold can retake $570 then our gold plays are on. ABX is already flying in the pre-market but you might be able to catch BVN first thing. NAK and MRB don’t really trade pre-market and NAK certainly has room to grow for the next 5 years or so. Add EGO as another little company that could but BVN and NAK…
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Zero Hedge

Visualizing How Much Oil Is In An Electric Vehicle?

Courtesy of ZeroHedge. View original post here.

When most people think about oil and natural gas, the first thing that comes to mind is the gas in the tank of their car. But, as Visual Capitalist's Nicholas LePan notes, there is actually much more to oil’s role, than meets the eye...

Oil, along with natural gas, has hundreds of different uses in a modern vehicle through petrochemicals.

Today’s infographic comes to us from American Fuel & Petrochemicals Manufacturers, and covers why oil is a critical mate...



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Phil's Favorites

Assange's new indictment: Espionage and the First Amendment

 

Embed from Getty Images

 

Assange’s new indictment: Espionage and the First Amendment

Courtesy of Ofer Raban, University of Oregon

Julian Assange, the co-founder of WikiLeaks, has been charged by the U.S. Department of Justice with a slew of Espionage Act violations that could keep him in prison for the rest of his life.

The new indictment expands an earlier one charging Assange with conspiring w...



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Insider Scoop

Jefferies Sees 60-Percent Upside In Aphria Shares, Says Buy The Dip

Courtesy of Benzinga.

After a red-hot start to 2019, Canadian cannabis producer Aphria Inc (NYSE: APHA) has run out of steam, tumbling more than 31 percent in the past three months.

Despite the recent weakness, one Wall Street analyst said Friday that the stock has 30-percent upside potential. 

The Analyst

Jefferies analyst ...



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Kimble Charting Solutions

DAX (Germany) About To Send A Bearish Message To The S&P 500?

Courtesy of Chris Kimble.

Is the DAX index from Germany about to send a bearish message to stocks in Europe and the States? Sure could!

This chart looks at the DAX over the past 9-years. It’s spent the majority of the past 8-years inside of rising channel (1), creating a series of higher lows and higher highs.

It looks to have created a “Double Top” as it was kissing the underside of the rising channel last year at (2).

After creating the potential double top, the DAX index has continued to create a series of lower highs, while experiencing a bearish divergence with the S...



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Chart School

Brexit Joke - Cant be serious all the time

Courtesy of Read the Ticker.

Alistair Williams comedian nails it, thank god for good humour! Prime Minister May the negotiator. Not!


Alistair Williams Comedian youtube

This is a classic! ha!







Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of Gann Angles, ...

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Digital Currencies

Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control

 

Cryptocurrencies are finally going mainstream – the battle is on to bring them under global control

The high seas are getting lower. dianemeise

Courtesy of Iwa Salami, University of East London

The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what ...



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Biotech

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

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

 

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

A map of DNA with the double helix colored blue, the landmarks in green, and the start points for copying the molecule in red. David Gilbert/Kyle Klein, CC BY-ND

Courtesy of David M. Gilbert, Florida State University

...



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ValueWalk

More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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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 ...



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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

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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...

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