Archive for 2014

Comment by stjeanluc

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  1. stjeanluc

    Maybe we get a bounce:

Comment by scottmi

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  1. scottmi

    TSLA/Phil – why do them at all in the income portfolio, its a freaking momo.

Comment by phil

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  1. phil

    Sorry, that's if it crosses back under, of course!  With tight stops at the $7 line. 

Comment by phil

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  1. phil

    Good morning Juliet (late again!) – it was great seeing you guys there as well. 

    Jobs/StJ – Absolutely we're shooting ourselves in the foot.  Same goes for lack of infrastructure spending and lack of Government spending in General (even war).  Of course, from an objective economic standpoint, this IS the price you pay on the other side of stimulus if you ever want to balance your books.   If your family overspends on a vacation – then it's mac and cheese every Wednesday the next month – that sort of thing.  Of course, Government spending is not like family spending and the Government doesn't actually NEED to balance it's books but that's a whole other economic discussion.   The bottom line is, Bush spent $5Tn he didn't have trying to prop up the economy, waging wars, helping his friends avoid taxation, etc.  It didn't help and the economy collapse anyway and then Obama has spent $5Tn trying to clean up Bush's mess.  

    Unfortunately, now the interest on $17Tn of deficit spending is $250Bn a year, which used to sound like a lot of money before we had $17Tn deficits…  Essentially, it's 10% of our total tax revenues going to pay interest on the debt – and that's only the 3% rate.  If rates ever go up, we are massively screwed.  

    OK, NOW oil is back down to $95 and struggling to hold it so now we can short it below that line.  Watch the Dollar (81.135) as we don't want to see it go lower.  Gold is still a good long crossing the $1,280 line (/YG).

    Very nice Wombat!

Comment by RMM

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  1. RMM

    SingaSteve: am concerned about my 1/4 cover only with AAPL jan 95, what additional cover would you want to do ??

Comment by mrmocha

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  1. mrmocha

    Momos are on the march – TSLA, TWTR, NFLX.  PCLN lagging so grabbing a few calls for the day.

Comment by angelcur

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  1. angelcur

    appl about to go negative needs to hold 500

Comment by pstas

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  1. pstas

    DT- Phil, your thoughts on this? The recent pull back translates to an 8% yield. They are the weak sister here with T-Mobile and are suffering some of the same landline losses as VZ and T. However, there is the mobile and broadband aspects in Europe coupled with the forecasted relative strength of the German economy ("ring of fire’). I note that the dividend is an annual payment which means the stock would be particularly susceptible to a call away on a buy write. Not sure how to defend against this.  

Comment by novice

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  1. novice

    What is your preferred POMO trade for tomorrow. I am considering the indexes S&P/Dow/Comp  which have retraced their prior day losses. example 10/20.

Comment by 1020

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  1. 1020

    Some of you may think it's odd to say, but I do feel that 9-11 was the catalyst and the excuse leading to much of the issues we face today.
    I'm sorry to say that OSAMA accomplished much more than a successful attack on 9-11, his deeds will haunt the "infidels" for many more years to come….. 
    Chin Up Everyone – Things really could be worse…. :)


Zero Hedge

Bloomberg System Goes Down Ahead Of US Open

Courtesy of ZeroHedge. View original post here.

For the second time in a few months, the Bloomberg Terminal system appears to be down and is causing panic across Wall Street ahead of the US market open...

Traders are not happy...

When Bloomberg panels go down 8 minutes before the open......

— NOD (@NOD008) January 17, 2019 ...

more from Tyler

Kimble Charting Solutions

Triple Breakout Test In Play For S&P 500!

Courtesy of Chris Kimble.

Is the rally of late about to run out of steam or is a major breakout about to take place in the S&P 500? What happens at current prices should go a long way in determining this question.

This chart looks at the equal weight S&P 500 ETF (RSP) on a daily basis over the past 15-months.

The rally from the lows on Christmas Eve has RSP testing the top of a newly formed falling channel while testing the underneath side of the 2018 trading range and its falling 50-day moving average at (1).

At this time RPS is facing a triple resistance test. Wil...

more from Kimble C.S.

Phil's Favorites

Brexit deal flops, Theresa May survives -- so what happens now?


Brexit deal flops, Theresa May survives -- so what happens now?

Courtesy of Victoria Honeyman, University of Leeds

As the clock ticks down to March 29 2019, all of the political manoeuvring, negotiating, arguing and fighting is coming to a peak. In the two and a half years since the 2016 EU referendum, views on both sides have hardened and agreement still seems as far away as it was the day after the referendum.

With Theresa May’s withdrawal agreement disliked by all sides, and voted down by an unprecedented majority in the House of Commons, everyone is wondering what can and should be done next?


more from Ilene

Digital Currencies

Crypto-Bubble: Will Bitcoin Bottom In February Or Has It Already?

Courtesy of Michelle Jones via

The new year has been relatively good for the price of bitcoin after a spectacular collapse of the cryptocurrency bubble in 2018. It’s up notably since the middle of December and traded around the psychological level of $4,000... so is this a sign that the crypto market is about to recover?

Of course, it depends on who you ask, but one analyst discovered a pattern which might point to a bottom next month.

A year after the cryptocurrency bubble popped


more from Bitcoin


D.E. Shaw Investment Calls For Leadership Change At EQT

By ActivistInsight. Originally published at ValueWalk.

Elliott Management has offered to acquire QEP Resources for approximately $2.1 billion, contending the oil and gas explorer’s turnaround efforts have done little to lift the company’s share price. The company responded and said that a thorough review of the proposition is imperative in order to properly act in the best interests of shareholders, “taking into account the company’s other alternatives and current market conditions.” The news came only a month after Travelport Worldwide agreed to sell itself to Siris Capital Group and Elliott’s private equity arm Evergreen Coast Capital for $4.4 billion in cash and two months after Athenahealth was bought by Veritas and Evergreen for $5.7 bi...

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Insider Scoop

UBS Says Disney's Streaming Ambition Gives It A 'New Hope'

Courtesy of Benzinga.

Related DIS Despite Some Risks, Analysts Still Expecting Double Digit Growth From Communications Services In Q4 ... 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...

more from Chart School

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


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

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.


more from Biotech

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.


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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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...

Learn more About Phil >>

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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.

Market Shadows >>