Archive for 2014

Comment by jasu1

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  1. jasu1

    Shadowfax, anyone else on this board:

    Seems like I picked up some malware from one of the midday seminars…..some thing about SmithMicro.presentation….Requesting your expertise/solution to this intruder in my system…..Norton 360 Premium did not find it nor remove it. Thanks to all for any help….

Comment by Pharmboy

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  1. Pharmboy

    Oh, and here are last weeks picks…I still like the KERX spread and CLDX.  CLDX was hit for some reason on their data, although it was the same as what has been previously reported.  1/4 or 1/3 enteries to start are recommended. 

Comment by drcraig

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  1. drcraig

    That's too bad. I always liked how succinct his posts were. Phrases like "it's better to be rich than right" and "we either go up or down from here" still stick with me. Futures are such an efficient way to trade, but it takes discipline and great cash management. Are you doing IWM options or TNA/TZA? 

Comment by Razi.Mohammed

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  1. Razi.Mohammed


Comment by cwan120

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  1. cwan120

    Regarding IRA accounts, I’d suggest that you move your IRA accounts to  Contact scott at thinkorswim dot com and mention that you are a PSW member.  He should be able to give you a discount on commissions.  Last time I heard, it’s $1.50 per contract, no per ticket fee.  I.e, if you trade 1 contract, it’s 1 x $1.50.  If you trade 10 contracts, it’s 10 x $1.50.
    There are many nice thing about TOS (thinkorswim).  For IRA, they allow most, if not all, "defined risk" trades.  For example, they allow spreads.  They also allow naked short puts in IRA, but you have to have enough cash to cover the full margin.  The one thing they don’t allow in IRA is naked short calls.

Comment by jerconn

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  1. jerconn

    Wow, put in an order for GOOG tomorrow 700 calls for $1.00.  They executed at .75, now $3.90…wish I could do that more often…

Comment by happyTrading

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  1. happyTrading

    I’m out of the Jan 125 calls @ $3.4, $3.2, and a few @$2.75. Don’t have as much time as your June 100s, BIllBigD.

Comment by rookie

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  1. rookie

    phil your thoughts on this trade idea

    Sell 1 2016 aapl 450 puts @ 47.00 or so

    Buy 20 2015 aapl 530/535 bcs @ 2.30

    The combined trade can be accomplished with a $100.00 credit.

Comment by shadowfax

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  1. shadowfax

    dcraig JRW

    Was without a trace. Maybe Phil will try to contact him, all I know is JRWII and a JRW fund but it didn't fit our guy. I still keep confluence lines but now it is all about futures trades on this site which to me are way too risky.

Comment by shadowfax

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  1. shadowfax

    micro bears

    What a difference which country. Around here the bears are plentiful and dangerous. I have to deal with bear proof garbage cans even if kept in your garage. Most of Glacier Park is closed because of bears and hiking in Yellowstone is discouraged. Then the wolves reintroduced have devastated elk and deer herds plus sheep and other livestock. Mountain lions kill right in my back yard. I don't want to kill them all but right now the animals are in control, a little more hunting allowed would assert deterrence and make them fear humans again.



#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 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...

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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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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.


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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...

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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 >>

As Seen On:

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 >>