Archive for 2014

Comment by palotay

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  1. palotay

    Thanks for the detailed explanation last night Yodi.  I ended up thinning my herd a little.

Comment by Pharmboy

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  1. Pharmboy

    Well, SPX 2000 is now in the works.  Pullback, maybe, maybe, maybe not.

Comment by shadowfax

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  1. shadowfax


    Never happens and exactly when a train is going the other way plus they aren't single axel rail cars.

Comment by irished

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  1. irished

    Cramer watch: 21 bulls, 4 bear calls

Comment by yodi

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  1. yodi

    Let us strip Phil's F play and please correct if my thinking is wrong.
    We will spend 2.95 on the long side and get 2.24 on the shorts not including the Feb 12 which you need to play on a monthly basis to make up extra money.
    Let us say F will be at 12 Jan15. For starters you out of pocket .71 today. F at 12 Jan15 will have aprox. a value of 1.84. So over two years you are making net 1.13. However if F runs up to 15 by Jan15 you can add an other 4.00 in your pocket!!

Comment by jomptien

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  1. jomptien

    I still hold Nov 34 puts – I needed the downside protection. Should I cover here or wait for a better entry? Thanks

Comment by wombat

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  1. wombat

    Phil // @2
    questions for the day
    unfortunately i'm not up 10% so cashing out probably not the best idea. all my positions are long term and i'm willing to wait them out.
    i have 2 sections of hedges ( DXD, SDS, and TNA ) all June. How would you advise the rolls ?
    leave the shorts, roll the longs and wait for expire ?
    DXD June $25 / 29 BLCS (9 $1.80 )
    SDS June $27 / 32 ) $1.20
    + a Jan15 bear call spread 90/75 ( $2.50 ) not so worries about that.

    Secondly, I've been hangin onto ABX / CLF for what seems forever. I have a bit more faith that ABX will pop when a correction hits, but CLF dumbfounds me. Most of their production is for the US – not China and they seemed to plagued with bad news for the last few months.
    I"m wondering if I just cut my losses or do you still have faith into Jan16 ?

    CLF perspective
    -10 Jun14 17 short calls ( ,44  - sell every month )
    +10 Jan16 $15-25 ( $ 2.50 )
    +50 Jan16 $20 long calls ( $ 2.75 ) thought they were cheap at the time
    -10 Jan16 $20 short puts ( $5.35 )

Comment by dclark41

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  1. dclark41


    That Consumer Spending number was light.  That can't bode well for XRT that is technically heading for a death cross.  Do you like shorting it here? Even though it has many automotive parts companies there are still many department and specialty retailers in the mix of its top 40 holdings.

Comment by albo

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  1. albo

    ~~•DragonWave sees 1Q15 revenue up 50% vs. 4Q14.

    Adding to my position in DRWI, one of my falling knives that kept falling.  I'm still at a loss, but believe things are looking up. 4th Quarter was a disappointment.  Since they reported earnings and projected a 50% increase in first quarter, they have received a sizeable (for them) contract in India.  Believe 2Q will be quite a bit higher than 1Q.  Company still losing money, but margins should improve significantly going forward.  Very speculative. Might be worth a look for Kamikaze money.

Comment by shadowfax

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  1. shadowfax

    zxz amo

    I can tell you supplies are tight. I load my own, not only lots loaded but I have enough components to triple my stock. To many I am low.


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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The Competition For Capital Has Made Stocks Cheap

By Michelle Jones. Originally published at ValueWalk.

The new year is upon us, and now is the time many investors look at what 2018 was and prepare for what 2019 might be. Recession jitters are starting to pick back up again, especially now that the full picture of 2018 is in the books. But what if you could pick only one theme for 2018? Jefferies strategist Sean Darby and team have a suggestion which is especially timely given that it appears to mark the end of an era.

StockSnap / PixabayVolatility carries into the new year

This past year was one of extremes, and the markets ended i...

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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...

more from Kimble C.S.

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...

more from Bitcoin

Insider Scoop 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 ... 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 ...

more from OpTrader


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


more from Promotions

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 >>