Archive for 2014

Comment by mrmocha

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  1. mrmocha

    Phil - what is Lloyd trying to tell us?  PCLN has been replaced by AAPL as the stock that hovers at 666.

Comment by Pharmboy

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  1. Pharmboy

    No shoot…

    HSBC's preliminary reading of Chinese manufacturing activity dropped to 47.8 for the current month from a final print of 49.3 in July, the bank said Thursday, marking the worst result in nine months. The flash version of the China manufacturing Purchasing Managers' Index remained below 50 for the 10th month in a row. The flash result is based on 85% to 90% of the total responses to the survey.

Comment by gel1

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  1. gel1

    No question about it – you have been warning about overvaluation in the markets for some time along with the prediction a correction will materialize sooner than later –  I heeded your advice for caution the week before last, and closed out 50% of my portfolio and went to cash  Thank you for the sage advice.. With my stops and hedges in place I thought the balance of my positions were safe. Obama’s two speeches this past week made the decision for me on another 40%, so now I am down to 10% with most of the positions 100% hedged with no stops as I would be killed by taxes if stopped out. So here I am starting over "squeezing nickles into quarters" and looking for bearish opportunities that seen to be the most attractive plays going forward. When this correction reaches the levels we had early spring of last year, then I will begin to accumulate stocks using the buy/write strategy.
    Re your very interesting post on the residential real estate experiences, I must confessI was a contributor/participent in the bubble formation. Like so many others taking out mortgages on houses, I was leveraging this opportunity as a speculator. On the mortgage application, you would always be asked the question – "Will this be your primary home that you will be residing in?" I would always give a Yes answer. What an easy scam that was – after a week of residency, you rent it out and go get another "primary" residence. At one point I had five "primary" residences, however they all were in sequence. I do not think I was alone, and I made a lot of money for realtors that did almost nothing for their few minutes of work. This was legal and I did not lie, but the regulations were a joke. These type of regulations allowed speculators like me to legally contribute to the bubble.

Comment by albo

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  1. albo

    My AAPL trade on Tuesday not looking dumb anymore.

Comment by 1020

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  1. 1020

    Good Morning!

Comment by Phil

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  1. Phil

    Nas is finishing green thanks to 2% AAPL pop (well played) that added 0.4% to the index (up 0.3%) all by itself.  Dow barely down but doesn't look like they can get green here.  75M shares traded with 5 mins to go means a good 40M coming in at the last minutes.  

    Oil just stopped dead at $97.30 and now flat.  

    Gold still up at $1,657.  TLT $124.50!  VIX 15, Dollar 81.55.  

    CNBC can't understand why the sheeple didn't stampede in when they just told you how great the Fed minutes were.   Don't worry, I'm sure the WSJ will straighten them out overnight…  


    Fed Minutes Signal Action Likely

    The Fed sent its strongest signal yet that it is preparing to take new steps to bolster the recovery, saying that measures would be needed fairly soon unless economic growth picks up substantially.


    U.S. Stocks Pare Losses

    U.S. blue-chip stocks pared the day's declines, propelled by hopes that the Federal Reserve may act again to stimulate the economy. 

    Hey, guest on CNBC says not enough retail (ie. stupid) investors in the market.  

    I love this picture – a Chinese swimming pool.  Yep, China will be the answer to everything:  


    There's the bell – Just the Nas makes green and here comes HPQ earnings, which better be good but they already fell $1 from the top this morning (down 4% officially).  

    Lame volume – 106M for the day.  

Comment by jromeha

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  1. jromeha

    Greetings from sunny Bishkek! I have finally left Afghanistan and am returning home! It was a balmy -22 F when I arrived here yesterday. Will be sitting in terminal all night do I'm counting on you making me some money Phil!

Comment by jacalynm

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  1. jacalynm

    "Within my power" , "Fairly Soon".   I'm going to give these answers to Fannie Mae when they are looking for my next mortgage payment on a house that's underwater by 40%.  "I'll pay within my power, fairly soon".  Gotta love the power!

Comment by ariveraA

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  1. ariveraA

    Similar to my thoughts on bitcoin /

Comment by albo

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  1. albo

    LQMT – Phil, I remember !   Still have some.


Zero Hedge

Will The US Slap Sanctions On Nord Stream 2?

Courtesy of ZeroHedge. View original post here.

Authored by Nick Cunningham via,

There is a growing push in the U.S. Congress to slap sanctions on the Nord Stream 2 pipeline.

The pipeline under construction would carry Russian natural gas to Germany, and has been a lightning rod of controversy both in Europe and across the Atlantic. Many governments and officials from Eastern Europe fear deeper dependence on Russia for gas supplies, a sentiment echoed by the U.S. government. Meanwhile, many in Western Europe are less concerned,...

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Phil's Favorites

US is already fighting a conflict with Iran - an economic war that is hurting the wrong people


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US is already fighting a conflict with Iran – an economic war that is hurting the wrong people

Courtesy of David Cortright, University of Notre Dame

Many are worried about the risk of war with Iran after the Trump administration leaked discussions of a troop deployment in response to claimed threats to U.S. warships in the region.

And in r...

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Insider Scoop

Jefferies Sees 60-Percent Upside In Aphria Shares, Says Buy The Dip

Courtesy of Benzinga.

After a red-hot start to 2019, Canadian cannabis producer Aphria Inc (NYSE: APHA) has run out of steam, tumbling more than 31 percent in the past three months.

Despite the recent weakness, one Wall Street analyst said Friday that the stock has 30-percent upside potential. 

The Analyst

Jefferies analyst ... more from Insider

Kimble Charting Solutions

DAX (Germany) About To Send A Bearish Message To The S&P 500?

Courtesy of Chris Kimble.

Is the DAX index from Germany about to send a bearish message to stocks in Europe and the States? Sure could!

This chart looks at the DAX over the past 9-years. It’s spent the majority of the past 8-years inside of rising channel (1), creating a series of higher lows and higher highs.

It looks to have created a “Double Top” as it was kissing the underside of the rising channel last year at (2).

After creating the potential double top, the DAX index has continued to create a series of lower highs, while experiencing a bearish divergence with the S...

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Chart School

Brexit Joke - Cant be serious all the time

Courtesy of Read the Ticker.

Alistair Williams comedian nails it, thank god for good humour! Prime Minister May the negotiator. Not!

Alistair Williams Comedian youtube

This is a classic! ha!

Fundamentals are important, and so is market timing, here at we believe a combination of Gann Angles, ...

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Digital Currencies

Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control


Cryptocurrencies are finally going mainstream – the battle is on to bring them under global control

The high seas are getting lower. dianemeise

Courtesy of Iwa Salami, University of East London

The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what ...

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DNA as you've never seen it before, thanks to a new nanotechnology imaging method

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


DNA as you've never seen it before, thanks to a new nanotechnology imaging method

A map of DNA with the double helix colored blue, the landmarks in green, and the start points for copying the molecule in red. David Gilbert/Kyle Klein, CC BY-ND

Courtesy of David M. Gilbert, Florida State University


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More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...

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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...

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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism


The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...

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...

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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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