Sign up here for a 30-day FREE trial of our PSW Report! (NO Credit Card required.) Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

View Single Comment

  1. phil

    Good morning!  

    I'll be in NYC tomorrow to do the Nasdaq TV spot in the morning. 

    This is a very good article on Market Psychology and Bitcoin – also an interesting newsletter in general:

    Bitcoin, Cryptocurrency, and the Greatest Bubble in History

    PSW Investments has 2 Bitcoins left from 4 we bought 2 years ago at $2,400 TOTAL.  Our stop is $10,000 each now.  We used the other 2 to buy 150,000,000 GreenCoins, which are currently worth $49,350 at 0.000329, so we've done more than twice as well with the GreenCoins – though they are less liquid at the moment.  

    Our goal is to foster more interest in GreenCoin and we're beginning that by accepting them for 2018  Annual Memberships during the month of December.  The idea is to encourage people to go through the process of getting GreenCoins (a bit of a pain) and then transferring them from your wallet to ours.

    As an incentive, we are GUARANTEEING a conversion rate of 0.00044, which is still 33% higher than the current buy and more than twice as much as the week's lows so a 33-50% discount off the regular Annual Membership prices for people who are willing to learn how to work with cyrptocurrencies – which is a good thing to know how to do these days.

    At $329 per 1M GreenCoins – they also can make nice, environmentally-friendly Christmas gifts.

    For those of you who are interested, the official ROUNDED COST (which we will accept), in GreenCoins, of each Membership Level is:

    • PSW Report @ $995/year = 2,260,000 GreenCoins 
    • Top Trade Alerts @ $1,495/year = 3,400,000 GreenCoins 
    • Trend Watcher Membership @ $2,499/year = 5,680,000 GreenCoins 
    • Basic Live Chat Membership @ $4,995/year = 11,350,000 GreenCoins 
    • Premium Membership @ $9,995/year =  22,700,000 GreenCoins 

    To pay, you can simply send an EMail to Greg (admin@) and set up the payment in GreenCoins via wallet transfer (see how cool it will be when you can tell people you know how to do that!).

    Keep in mind, it does not make sense to pay more than 0.0004 (not even 0.00044) for the GreenCoins because, by the time you transfer them and such, there will be no profit.  At the time we first discussed this last week (in our Live Chat Room), the coins were 0.00022 and the low of the week since then was 0.00018 but, for the MONTH, the high was over 0.0045 – 10 times more than we are accepting them for.

    That's our motivation – it's no secret.  We are saving Greg the trouble of tediously bidding on GreenCoins we're looking to accumulate at the lows (it took us months to get to 150M at the time) and helping you learn this valuable skill but, behind it all is the possibility that we can make 10x or more on the money down the road.  

    There are layers and layers to this project as it is our intention, in 2018, to see if we can generate wider interest for GreenCoins and, hopefully, push them up to as much as a penny over time – where we will certainly sell at least 1/3 of our holding for what should be $1M by then.  

    It's very, Very, VERY possible this will fail and we'll be lucky just to recover our investment – but it's not a huge gamble with a very huge potential pay-off.  

    Step one is accepting the GreenCoins and generating some volume on the exchanges (GreenCoin is currently barely in the Top 100 at 95 but was near the bottom when we began buying them 2 years ago) and step two will be discussing our project and step 3 will be to wrangle other vendors into accepting GreenCoins and the reason I like GreenCoins in the first place is that, for each GreenCoin mined, one GreenCoin is also created and used to reward people who generate carbon credits.  

    Over time, we hope to put a bit of effort into creating a solid, verifiable chain that directly ties the credits to the coins, which will then make it very marketable to companies who want to do a bit to help the environment.  

    Keep in mind this is all an experiment and it's possible, down the road, that we may take our GreenCoin lessons and start a new currency with tighter controls (what they call an ICO) but, for now, we'll see if the whole CryptoCurrency fad lasts another year while we gain experience with one that's already gone through all the struggles of creation for us.

    The dream is, of course, we get someone like WFM, SFM, TSLA or SCTY to buy into our concept and accept GreenCoins as a sort of coupon deal (maybe let you buy coupons with your GreenCoins, much like we're doing with the Memberships).  That would send volume through the roof and really move to legitimize the currency.

    Currently, the best place to trade GreenCoin is www.CoinExchange.io (another project is getting it traded on Bittrex, the top coin site) and the link for GRE is https://www.coinexchange.io/market/GRE/BTC – it's a bit confusing because everything is priced in BitCoins but generally they are trading at 0.00000002 BitCoins and, if a BitCoin is $10,500, that's 0.00021, which is half of what we're willing to exchange them for as Annual Membership Payments (no other discounts apply, of course). 

    Also, and this is above my level of coin knowledge, it is possible to MINE GreenCoins and then it's even cheaper (in theory), but don't even ask me how that works. 

    Here's a nice video explaining GreenCoin by a fan (take predictions with a grain of salt!):

    They are currently rebuilding the GreenCoin site to make it user-freindly.  2018 is going to be interesting!  





Sign up here for a 30-day FREE trial of our PSW Report! (NO Credit Card required.)


See our disclaimer here.

 
 
 

Zero Hedge

"Days Away From A Crisis": 100,000 Illegal Immigrants Arrested At US Mexico Border; Most For February In 15 Years

Courtesy of ZeroHedge View original post here.

Rep. Henry Cuellar (D-Texas), whose Congressional district lies near the U.S.-Mexico border, warned that more than 10,000 illegal immigrants have been apprehended in a single border sector in Texas in about a week, with Reuters adding that a stunning 100,000 migrants were detained at the border in February, the highest arrest total for the month of February since 2006.

“We are weeks, maybe even days, away from a crisis on the southern border. Inaction i...



more from Tyler

Biotech/COVID-19

88% Of COVID Deaths Occurred In Countries Where Over Half Of Population Overweight

Courtesy of ZeroHedge View original post here.

A new report by the World Obesity Federation found that 88% of deaths in the first year of the pandemic occurred in countries where over half of the population is classified as overweight - which is defined as having a body mass index (BMI) above 25. Of note, BMI values above 30 - considered obese - are associated with 'particularly severe outcomes,' accor...



more from Biotech/COVID-19

Phil's Favorites

SLR Chaos Sparks Wild Moves In Swap Spreads

Courtesy of ZeroHedge

There is a reason why we highlighted the earlier report from Politico that FDIC Chair Jelena McWilliams said it doesn’t seem as though banking agencies need to extend the SLR extension.

This matters because as we first explained two days ago in "The SLR Is All That Matters For Markets Right Now", and as Bloomberg's Edward Bolingbroke writes this afternoon, the market is unhappy with the potential risk that bank balance sheets will become significantly more constrained after April 1 (when the SLR ratio will return all else equal and holding excess TSYs will b...



more from Ilene

Kimble Charting Solutions

Tech Indicator Peaking Again At Dot.com Highs? Joe Friday Says Watch This Index!

Courtesy of Chris Kimble

Technology is at the heart of our economy… the same way that industrials were 100 years ago.

And that leadership has been present in the stock market for the past two decades. Today’s chart illustrates this… as well as a potential “pause” in that leadership vacuum.

Below is a long-term “monthly” ratio chart of the Nasdaq Composite versus the S&P 500 Index. Here you can see how technology stocks...



more from Kimble C.S.

ValueWalk

Steve Wolosky Just Won His First Case Against Williams

By ActivistInsight. Originally published at ValueWalk.

Steve Wolosky has long defended the legal rights of shareholders but having just won his first case as a plaintiff, he hopes boards will be reminded of their duties as guardians of corporate democracy – even in a crisis.

Q4 2020 hedge fund letters, conferences and more

Steve Wolosky's Case Against Williams Companies' Unusual Poison Pill

Steve Wolosky, the doyen of activism lawyers, sued Williams Companies Inc (NYSE:WMB) last year in response to a highly unusual poison pill. ...



more from ValueWalk

Politics

Why repressive Saudi Arabia remains a US ally

 

Why repressive Saudi Arabia remains a US ally

A demonstrator dressed as Saudi Arabian Crown Prince Mohammed bin Salman with blood on his hands protests outside the Saudi Embassy in Washington, D.C., on Oct. 8, 2018. Jim Watson/AFP via Getty Images

Courtesy of Jeffrey Fields, USC Dornsife College of Letters, Arts and Sciences

Saudi Crown Prince Mohammad bin Salman “approved an operation … to capture or kill Saudi journalist Jamal Khashoggi,” according to a...



more from Politics

Mapping The Market

Which Governments Ordered Johnson & Johnson's Vaccine?

 

Which Governments Ordered Johnson & Johnson's Vaccine?

Courtesy of Niall McCarthy, Statista

On Wednesday, U.S. regulators announced that Johnson & Johnson's Covid-19 vaccine being developed by its subsidiary Janssen Pharmaceuticals in Belgium is effective at preventing moderate to severe cases of the disease. The jab has been deemed safe with 66 percent efficacy and the FDA is likely to approve it for use in the U.S. within days.

The Ad26.COV2.S vaccine can be stored for up to three months in a refrigerator and requires a single shot, ...



more from M.T.M.

Digital Currencies

Crypto - It Is Different This Time

 

Crypto – It Is Different This Time

Courtesy of Howard Lindzon

?I have been astonished as you know by the growth of crypto.

I remember back in 2017 when I noticed that Stocktwits message volume on Bitcoin ($BTC.X) surpassed that of $SPY. I knew Bitcoin was here to stay and Bitcoin went on to $19,000 before heading into its bear market.

Today Bitcoin is near $50,000.

Back in November of 2020, something new started to happen on Stocktwits with respect to crypto.

After the close on Friday until the open of the futures on Sunday, all Stocktwits trending tickers turned crypto. The weekend messages on Stocktwits have increased 400 percent.

That has continued each weekend...



more from Bitcoin

Chart School

The Fastest Money

Courtesy of Read the Ticker

The fast money happens near the end of the long trend.

Securities which attract a popular following by both the public and professionals investors tend to repeat the same sentiment over their bull phase. The chart below is the map of said sentiment.
 


 

Video on the subject.


 

Charts in the video



 



 



Changes in the world is the source of all market moves, to ...



more from Chart School

The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



more from Tech. Traders

Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



more from Lee

Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

http://www.insidercow.com/ more from Insider

Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

...

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 >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.