Archive for 2013

Comment by kares

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  1. kares
    October 1st, 2010 at 12:06 pm
    I’m new here.  I have some questions:
    I joined the site thinking I’d see option trade recommendations from Phi – Now I see a bunch of different categories for investment: Oxen, Opt-Trader, Phil, Andrew Wilkinson…  Are these all separate?  Does phil endorse them?  Who is David Risteau?  Is he the leader of the "blog"? 
    I was glad to see an email alert for FAZ this morning.  Is this the way recomendations are made?  Do the other "categories" do the same thing or are recommendations gleaned out of reading between the lines in blogs?







Swing trading portfolio – week of September 30th , 2013

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

Optrader 

Swing trading virtual portfolio

 

One trade virtual portfolio

 

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





NSA Central to U.S. Assassination Program

Courtesy of ZeroHedge. View original post here.

Submitted by George Washington.

We’ve previously documented that the NSA isn’t just passively spying like a giant peeping tom, but is actively using that information in mischievous ways … such as assassinations.

A lot more information is about to come out on the topic.  AP reports:

Two American journalists known for their investigations of the United States’ government said Saturday they’ve teamed up to report on the National Security Agency’s role in what one called a “U.S. assassination .”

 

***

 

Jeremy Scahill, a contributor to The Nation magazine and the New York Times best-selling author of “Dirty Wars,” said he will be working with Glenn Greenwald, the Rio-based journalist who has written stories about U.S. surveillance based on documents leaked by former NSA contractor Edward Snowden.

 

The connections between war and surveillance are clear. I don’t want to give too much away but Glenn and I are working on a project right now that has at its center how the National Security Agency plays a significant, central role in the U.S. assassination program,” said Scahill ….

 

***

 

“Dirty Wars” the film, directed by Richard Rowley, traces Scahill’s investigations into the Joint Special Operations Command, or JSOC. The movie, which won a prize for cinematography at the Sundance Film Festival, follows Scahill as he hopscotches around the globe, from Afghanistan to Yemen to Somalia, talking to the families of people killed in the U.S. strikes.

JSOC, as well as the CIA,  have been described as “the President’s private army“, which operate at the President’s beck-and-call with no real oversight.

But a fourth agency is also centrally involved in both intelligence-gathering and assassinations:  the National Counterterrorism Center (NCTC).  NCTC is responsible for generating the “disposition matrix” of who to murder using drones or other means.

As Greenwald noted last year:

The ACLU has long warned that the real purpose of the NCTC … is the   “massive, secretive data collection and mining of trillions of points of data about most people in the United States” …. In particular, the


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Comment by fuzz

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  1. fuzz
    October 1st, 2010 at 2:12 pm
    "Haha I know. They were happy, and then reality struck a harsh chord."
    Man, when was the last time markets had anything to do with reality? You must’ve been like five back then ;)







I Predict A Stock Market Bloodbath For Monday

Courtesy of John Nyaradi.

Stock markets will likely decline on Monday due to an impending US Government Shutdown

It is Sunday evening, 10:45 PM EST and I believe that stock markets will become a total complete bloodbath Monday morning.  We left stock markets last Friday with a .46% decline for the S&P 500 (NYSEARCA:SPY), a .46% decline for the Dow Jones Industrial Average, and a .15% decline for the NASDAQ 100 (NASDAQ:QQQ).  We also left stock markets last Friday with an obtuse Congress that still has yet to pass a bill which will keep the US Government open past Monday, September 30th.

The bigger issue, notwithstanding the fact that over 800,000 US Government employees will not be able return to work on Tuesday if Congress fails, is the impending debt ceiling debate that must be resolved by October 17th.  But for Monday, September 30th, I think the political gridlock will continue to bleed out stock markets until a resolution is made (if one is made at all).  If Congress fails to act by Midnight tomorrow night, I think we can count on more stock market blood on Tuesday too.

World markets are not too happy either, as evidenced by both Asian and European futures markets trading in the deep red at time of this writing.  Additionally, we are due for a Chicago Fed National Index report and a Markit Flash PMI report tomorrow, which could add to the doom and gloom, but not likely.  All eyes appear to be on Congress for now.

Click here to learn more about John’s book and for a free membership to Wall Street Sector Selector





IRA Portfolio update #4

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 activity.

AEM – Agnico Eagle Mines Limited;

  • On 9/10/2013 I sold 1x OCT 27.5 PUT for a credit of $150 to initiate a position.(member chat link)

BTU – Peabody Energy Corporation;

  • The SEP 19 CALL I sold expired worthless.

VLO – Valero Energy Corporation;

  • On 9/20/2013 I rolled the SEP 35 PUT to the OCT 34 PUT for a credit of $44.(member chat link)

FCX – Freeport-McMoRan Copper & Gold Inc;

  • On 9/10/2013 I bought back the SEP 29 PUT for a debit of $5.(member chat link)

X – United States Steel Corp;

  • On 9/10/2013 I bought back the 2x SEP 17 PUT for a debit of $10 total ($5 for each PUT).(member chat link)

Here is a link to the spreadsheet we use to track the portfolio. LINK





Comment by fuzz

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  1. fuzz
    October 1st, 2010 at 10:42 am
    cmon, it’s Friday, it’s gotta come back up! Friday’s should be a happy day at the markets :)







Comment by ilene

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  1. ilene
    September 12th, 2011 at 11:24 am

    Acobra65, I don’t see a realistic solution.  For kids, I guess I’d suggest working as hard as possible and somehow getting scholarships to colleges, and/or going as cheaply as possible, and/or as you suggest looking outside the U.S. for options.  







Comment by cslanson2

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  1. cslanson2
    October 1st, 2010 at 1:49 pm
     David,
    CHTP might be worth your review.  They have a date with FDA during the next couple of weeks and rumor has the smart money betting 75% chance of approval.  The stock is up today but down a bit recently because of a secondary.  The secondary issue tells me they plan to stay in business as opposed to selling the company like SVNT is planning after FDA approval.







Mapping The (Dis)Honesty Of The World

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Reader’s Digest wanted to know how honest world cities are, so it “lost” 192 wallets in 16 cities – that’s 12 wallets in each city – to see how many would be returned. Each wallet contained $50 equivalent of local currency, as well as a name, phone number, family photo, coupons, and business cards. The results, as IBTimes’ Lisa Mahapatra illustrates are perhaps surprising. The US ranked well (with 8/12 wallets returned) but the troubled regions of Europe (Spain and Portugal) came a dismal last with only 2 and 1 wallets returned respectively.

 

The Wallet Experiment

 

by lisamahapatra.
Explore more infographics like this one on the web’s largest information design community – Visually.





 
 
 

ValueWalk

#1 Performing Global Macro Hedge Fund Sees More Shorts Opportunities Ahead As China Bursts

By Jacob Wolinsky. Originally published at ValueWalk.

Crescat Global Macro Fund update to investors on 1/19/2019

Crescat Global Macro Fund and Crescat Long/Short fund delivered strong returns for both December and full year 2018 in a difficult market. Based on ...



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Zero Hedge

Johns Hopkins, Bristol-Myers Face $1 Billion Suit For Infecting Guatemalan Hookers With Syphilis 

Courtesy of ZeroHedge. View original post here.

A federal judge in Maryland said Johns Hopkins University, pharmaceutical company Bristol-Myers Squibb and the Rockefeller Foundation must face a $1 billion lawsuit over their roles in a top-secret program in the 1940s ran by the US government that injected hundreds of Guatemalans with syphilis, reported Reuters.

Several doctors from Hopkins an...



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Phil's Favorites

Divisive economics

 

Guest author David Brin — scientist, technology consultant, best-selling author and futurist — explores the records of Democrats and Republicans on the US economy in the following post. For David's latest posts, visit the CONTRARY BRIN blog. For his books and short stories, visit his web...



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Kimble Charting Solutions

Stock declines did not break 9-year support, says Joe Friday

Courtesy of Chris Kimble.

We often hear “Stocks take an escalator up and an elevator down!” No doubt stocks did experience a swift decline from the September highs to the Christmas eve lows. Looks like the “elevator” part of the phrase came true as 2018 was coming to an end.

The first part of the “stocks take an escalator up” seems to still be in play as well despite the swift decline of late.

Joe Friday Just The Facts Ma’am- All of these indices hit long-term rising support on Christmas Eve at each (1), where support held and rallies have followed.

If you find long-term perspectives helpf...



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Digital Currencies

Transparency and privacy: Empowering people through blockchain

 

Transparency and privacy: Empowering people through blockchain

Blockchain technologies can empower people by allowing them more control over their user data. Shutterstock

Courtesy of Ajay Kumar Shrestha, University of Saskatchewan

Blockchain has already proven its huge influence on the financial world with its first application in the form of cryptocurrencies such as Bitcoin. It might not be long before its impact is felt everywhere.

Blockchain is a secure chain of digital records that exist on multiple computers simultaneously so no record can be erased or falsified. The...



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Insider Scoop

Cars.com Explores Strategic Alternatives, Analyst Sees Possible Sale Price Around $30 Per Share

Courtesy of Benzinga.

Related 44 Biggest Movers From Yesterday 38 Stocks Moving In Wednesday's Mid-Day Session ...

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

Chart School

Weekly Market Recap Jan 13, 2019

Courtesy of Blain.

In last week’s recap we asked:  “Has the Fed solved all the market’s problems in 1 speech?”

Thus far the market says yes!  As Guns n Roses preached – all we need is a little “patience”.  Four up days followed by a nominal down day Friday had the market following it’s normal pattern the past nearly 30 years – jumping whenever the Federal Reserve hints (or essentially says outright) it is here for the markets.   And in case you missed it the prior Friday, Chairman Powell came back out Thursday to reiterate the news – so…so… so… patient!

Fed Chairman Jerome Powell reinforced that message Thursday during a discussion at the Economic Club of Washington where he said that the central bank will be “fle...



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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 (...



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Biotech

Opening Pandora's Box: Gene editing and its consequences

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

 

Opening Pandora's Box: Gene editing and its consequences

Bacteriophage viruses infecting bacterial cells , Bacterial viruses. from www.shutterstock.com

Courtesy of John Bergeron, McGill University

Today, the scientific community is aghast at the prospect of gene editing to create “designer” humans. Gene editing may be of greater consequence than climate change, or even the consequences of unleashing the energy of the atom.

...

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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:

 

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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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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.

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