Archive for May, 2014

Comment by blair

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  1. blair

    Tiffany & Co. (TIF) up 4.5% as Citigroup initiates coverage at Buy, on expectations of a return to positive same-store sales and added market share.
    Because unemployed people buy lots of expensive jewelry. Or maybe they mean the return to positive same-store sales is coming in 2018.

Comment by Phil

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  1. Phil

    Good morning!

    There will be a lot of news this morning, I didn't get a chance to post it earlier.  

    Another pre-market push to paint the open, down until 11:30 and then probably back up into the close – why should today be different?  Even AAPL still running up on no news.  

    QQQ Friday $76.50 puts at $1.15 have very little premium – 10 in the STP

Comment by Pharmboy

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  1. Pharmboy

    ACAD/neet – well, they can now raise funds for $5…dilute the shareholders, and I would personally say thank you very much and get out.

Comment by 1020

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  1. 1020

    What really happened when Charlie presses the "button"…… :)

Comment by juliet

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  1. juliet

    Thank you very much Yodi!  I will try this!  When my AAPL tree works out, please come visit my apple ochard!  :)

Comment by Phil

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  1. Phil

    GDP/Shlomoso – I do not believe the GDP numbers we are presented with in this data are annualized.  If they are then the economy is in better shape than I think.  If anyone does know exactly what we’re measuring, I would like to know.  What I see is a2009/2 GDP at $12.901Tn, which is down from Q2 2008′s $13.415Tn and that’s down 4.4% but the quarterly number shows down 0.7%, which makes sense calculated from Q1 2009′s $12.925Tn only.  At one point, I know our GDP was supposedly over $14Tn so I didn’t think much of it but I would like to know where they hell they get these numbers from. 

    If GDP is really up an annualized anything at all – then why the helll are corporate revenues down 25%.

    Oops, markets heading higher, I still like the DDM $38s at $2.10 as a momentum play.

Comment by stjeanluc

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  1. stjeanluc

    Conflicting numbers from China:

    HSBC/Markit’s revised Purchasing Managers’ Index (pdf) fell in May to 49.2, down from 50.4 in April and lower than analyst expectations of 49.6. (A figure below 50 indicates the sector is shrinking.) By contrast China’s official PMI for the month was 50.8, up from 50.6 in April, which was better than expected. The difference is telling: The official figure includes more the giant state-owned enterprises, while HSBC polls smaller, independent firms.

    Where details differ, the message does not: China’s economy has lost crucial momentum. Hongbin Qu, HSBC’s chief China economist, said the government needs to boost domestic demand to avoid a further drop in manufacturing activity in the coming months.

Comment by BruceE

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  1. BruceE

    In again at $108.  Sticking with the program. 

Comment by MrMocha

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  1. MrMocha

    Rally evaporating.  Someone call the PPT, they’re MIA these days.

Bottoms Up or Top Down

Bottoms Up or Top Down

Insider Action: Still Positive Despite New Highs

By Dr. Paul Price of Market Shadows

I put more faith in actual transactions with money on the line than sentiment surveys where people can say one thing while doing something else. The Thomson Reuters Insider Sell-Buy ratio has proven to be especially prescient in term of calling short-term (weeks to months) action in the broad market.

Open market corporate officer action that registers bullishly often coincides with buying opportunities. Seeing the indicator along with the corresponding movements in the S&P 500 confirms this.

Insider Sell-Buy   as of May 30, 2014

Company officials understand their own firms intimately and welcome chances to buy low and sell high. Individual investors often go the other way by chasing momentum stocks that have already risen sharply.

The latest filings show insider buys in mostly lesser-known names.

Insider Buys week of May 26, 2014

The recent insider sell list was almost all in big name stocks.

Insider sells    May 26, 2014

Logic and history say it is better to invest ‘bottoms up’ based on valuation than ‘top down’ based on macro-economic factors. Even if you knew world event in advance the stock market action is often contrary to what might be expected.

Had you been privy to last week’s negative Q1 GDP announcement ahead of schedule would you have looked for bullish action?

Bottoms Up or Top Down


Zero Hedge

Why Is Maduro Still Pushing The Petro?

Courtesy of ZeroHedge View original post here.

Authored by William Luther via The American Institute for Economic Research,

In a recent Wall Street Journal article, Mary Anastasia O’Grady writes that Venezuela’s “National Superintendency for the Defense of Socio-Economic Rights is reportedly pressuring stores to accept the government’s new digital fiat currency, the petro.” The Venezuelan government claims its digital...

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The Technical Traders

Is The Technology Sector Setting Up For A Crash? Part IV

Courtesy of Technical Traders

As we continue to get more and more information related to the Coronavirus spreading across Asia and Europe, the one thing we really must consider is the longer-term possibility that major global economies may contract in some manner as the Chinese economy is currently doing.  The news suggests over 700+ million people in China are quarantined.  This is a staggering number of people – nearly double the total population of the entire United States.

If the numbers presented by the Chinese are accurate, the Coronavirus has a very high infection rate, yet a moderately small mortality rate (2~3%).  Still, if this virus continues to spread throughout the world and infects m...

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Phil's Favorites

Why Trump's post-impeachment actions are about vengeance, not retribution


Why Trump's post-impeachment actions are about vengeance, not retribution

President Trump fired Army Lt. Col. Alexander Vindman for testifying in his impeachment trial. AP Photo/Susan Walsh, File

Courtesy of Austin Sarat, Amherst College

Since the end of his Senate impeachment trial, President Donald Trump has carried out a concerted campaign against ...

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Biotech & Health

Deep learning AI discovers surprising new antibiotics


Deep learning AI discovers surprising new antibiotics

A colored electron microscope image of MRSA. NIH - NIAID/flickr, CC BY

Courtesy of Sriram Chandrasekaran, University of Michigan

Imagine you’re a fossil hunter. You spend months in the heat of Arizona digging up bones only to find that what you’ve uncovered is from a previously discovered dinosaur.

That’s how the search for antibiotics has panned out recently. The relatively few antibiotic hunters out there ...

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Kimble Charting Solutions

King Dollar Going To Lose Strength Here? Gold & Silver Hope So!!!

Courtesy of Chris Kimble

Is King$ and the Euro facing important breakout/breakdown tests at the same time? It looks like it in this chart!

The US$ trend remains up, as it has created a series of higher lows since the start of 2018. The opposite can be said for the Euro, as it has created a series of lower highs since early 2018.

The US$ is currently testing the top of its 18-month rising channel, as the Euro is testing the bottom of its falling channel.

What King$ and...

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Insider Scoop

The Daily Biotech Pulse: Heron Pain Drug Review Extended, Disappointment For Teva In Tourette Syndrome Study

Courtesy of Benzinga

Here's a roundup of top developments in the biotech space over the last 24 hours.

Scaling The Peaks

(Biotech Stocks Hitting 52-week highs on Feb. 19)

  • Adverum Biotechnologies Inc (NASDAQ: ADVM)
  • Akebia Therapeutics Inc (NASDAQ: AKBA)
  • Ana... more from Insider

Digital Currencies

Altcoin season 2.0: why bitcoin has been outgunned by crypto rivals since new year


Altcoin season 2.0: why bitcoin has been outgunned by crypto rivals since new year

‘We have you surrounded!’ Wit Olszewski

Courtesy of Gavin Brown, Manchester Metropolitan University and Richard Whittle, Manchester Metropolitan University

When bitcoin was trading at the dizzying heights of almost US$2...

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What US companies are saying about coronavirus impact

By Aman Jain. Originally published at ValueWalk.

With the coronavirus outbreak coinciding with the U.S. earnings seasons, it is only normal to expect companies to talk about this deadly virus in their earnings conference calls. In fact, many major U.S. companies not only talked about coronavirus, but also warned about its potential impact on their financial numbers.

Q4 2019 hedge fund letters, conferences and more

Coronavirus impact: many US companies unclear

According to ...

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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.

Date Found: Tuesday, 01 October 2019, 02:18:22 AM

Click for popup. Clear your browser cache if image is not showing.

Comment: Wall of worry, or cliff of despair!

Date Found: Tuesday, 01 October 2019, 06:54:30 AM

Click for popup. Clear your browser cache if image is not showing.

Comment: Interesting.. Hitler good for the German DAX when he was winning! They believed .. until th...

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Members' Corner

How to Stop Bill Barr


How to Stop Bill Barr

We must remove this cancer on our democracy.

Courtesy of Greg Olear, at PREVAIL, author of Dirty Rubles: An Introduction to Trump/Russia


more from Our Members

Lee's Free Thinking

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires


Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

Courtesy of  

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem.

Today, I got a note from Liquidity Trader subscriber David, a professional investor, and it got me to thinking. Here’s what David wrote:


The ‘experts’ I hear from keep saying that once 300B more in reserves have ...

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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:


more from M.T.M.


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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