Archive for 2018

Japan Markets Roiled As Moritomo Scandal Returns, Abe May Be Forced To Resign

Courtesy of ZeroHedge. View original post here.

It was exactly one year ago that the previously unshakeable administration of Japanese Prime Minister Shinzo Abe was rocked by a crisis which prompted some to ask if Abe’s government was on the rocks, and with it – Abenomics: the crisis was not one of bungled economic policies, party in-fighting or any of the other calamities that have brought down Japanese leaders in the past, including Abe’s first administration as prime minister. No, Abe was struggling to shake off a scandal involving a kindergarten.

As we reported last March, Abe had been riding high in the polls and making plans to run for an unprecedented third term as head of the dominant Liberal Democratic Party, when questions first began to be asked about Moritomo Gakuen, a kindergarten operator in Osaka with what was initially described as a conservative curriculum, prompting  the prime minister to declare that he shared many of the philosophies of the school’s president, Yasunori Kagoike.

It would emerge in swift succession that the premier’s wife, Akie Abe, had been named honorary principal of a new school being planned by Kagoike; that the school was being built on land purchased from the government by Moritomo Gakuen for a fraction of its estimated value; that Abe’s wife Akie allegedly donated 1 million yen to the foundation in September 2015 on behalf of her husband, and that the operator’s philosophies imposed upon his young pupils were not just conservative, but tended towards far-right pre-war nationalism. 

The scandal raged for several months, resulting in Abe’s approval rate tumbling, however at the last possible moment, Kim John Un’s ICBM launches successfully distracted the Japanese population, and Abe’s militant response was sufficient for the public to forgive and forget the entire Moritomo incident.

Until now…  because as the Japanese press reported over the weekend, the Moritomo scandal involving PM Abe’s connections with the operators of the right-leaning school implicated in fraud are again roiling markets in Japan.

As NHK reports, while Abe is not the focus of the current investigation and his position remains secure for now, fresh allegations that tax authorities involved may have even fabricated reports in favor of Moritomo could force the resignation of Deputy PM and Finance Minister Aso as the National Tax Bureau reports directly to him.

Specifically, Japan’s Finance Ministry
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Weekly Market Recap Mar 11, 2018

Courtesy of Blain.

Great week for the bulls with bookend big gains on both Monday and Friday.  The NASDAQ actually ended at all time highs so that swift correction is in the books.  While there was a lot of “trade war” riff raff, indexes showed it’s a side show.   White House economic adviser Gary Cohn announced his resignation Wednesday but all that did was put the S&P 500 down fractionally for a day.

“It is not so much the resignation, but the role that Cohn has played in the administration. He was seen as the voice of economic stability and a spokesperson for financial markets,” said Brad McMillan, chief investment officer for Commonwealth Financial Network, in a note to investors. “His resignation leaves the president with a set of economic advisers largely seen as outside of the mainstream, or at least perceived as less aligned with Wall Street interests. At a minimum, this introduces more uncertainty into economic policy and raises the chance of policy actions such as tariffs.”

For the week the S&P 500 roared higher 3.5% and the NASDAQ 4.2%.  Boo yah.

On the economic front, ISM Services slipped to 59.5 from 59.9 a month earlier — a level that still signals rapid growth in service-sector activity.  The U.S. trade deficit climbed 5% in January and hit a nearly 10-year high, continuing a steady rise since President Trump took over that could exacerbate already tense disputes between the administration and key trading partners.  Friday’s employment report was pretty much all you could ask as there was a lot of job growth without much wage pressure:

The U.S. created 313,000 new jobs in February, the biggest gain since mid-2016 and a reflection of the strongest labor market in two decades. Economists had predicted a 222,000 increase in nonfarm jobs. The unemployment rate was unchanged at 4.1%. Hourly pay rose 4 cents, or 0.1%, to $26.75 an hour, the government said Friday. The economy added 54,000 more jobs in January and December than previously reported.  Construction


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Weekly Market Recap Mar 11, 2017

Courtesy of Blain.

Great week for the bulls with bookend big gains on both Monday and Friday.  The NASDAQ actually ended at all time highs so that swift correction is in the books.  While there was a lot of “trade war” riff raff, indexes showed it’s a side show.   White House economic adviser Gary Cohn announced his resignation Wednesday but all that did was put the S&P 500 down fractionally for a day.

“It is not so much the resignation, but the role that Cohn has played in the administration. He was seen as the voice of economic stability and a spokesperson for financial markets,” said Brad McMillan, chief investment officer for Commonwealth Financial Network, in a note to investors. “His resignation leaves the president with a set of economic advisers largely seen as outside of the mainstream, or at least perceived as less aligned with Wall Street interests. At a minimum, this introduces more uncertainty into economic policy and raises the chance of policy actions such as tariffs.”

For the week the S&P 500 roared higher 3.5% and the NASDAQ 4.2%.  Boo yah.

On the economic front, ISM Services slipped to 59.5 from 59.9 a month earlier — a level that still signals rapid growth in service-sector activity.  The U.S. trade deficit climbed 5% in January and hit a nearly 10-year high, continuing a steady rise since President Trump took over that could exacerbate already tense disputes between the administration and key trading partners.  Friday’s employment report was pretty much all you could ask as there was a lot of job growth without much wage pressure:

The U.S. created 313,000 new jobs in February, the biggest gain since mid-2016 and a reflection of the strongest labor market in two decades. Economists had predicted a 222,000 increase in nonfarm jobs. The unemployment rate was unchanged at 4.1%. Hourly pay rose 4 cents, or 0.1%, to $26.75 an hour, the government said Friday. The economy added 54,000 more jobs in January and December than previously reported.  Construction


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California High-Speed Rail Is A Budgetary Trainwreck As Cost Soars 20% To $77 Billion

Courtesy of ZeroHedge. View original post here.

California’s bullet train will be coming in over budget and behind schedule, after its estimated cost was revised from $64 billion to $77 billion – a 20% increase, and an estimated completion date of 2033, four years later than originally projected. The new estimates, contained in a 114-page business plan, was issued in draft form on Friday by the rail authority ahead of public hearings and a formal legislative review in approximately two months. 

The rail authority previously argued that it had just enough money to build the grade-separated tracks for its route between San Francisco and Los Angeles at speeds of up to 220 mph. 

The new estimates will force California’s leadership to double down on its political and financial commitments if it wants to see the system completed, against a backdrop of rising costs, years of delays, strident litigation and backlashes in communities where homes, businesses, farms and environmental preserves will have to give up land to the rail’s right-of-way. -LA Times

The revised plan will leave California legislators scrambling to grapple with higher costs amid an uncertain economic future in the state with the nation’s worst poverty rate and already strained balance sheet.

statedatalab.org

While the endgame will be to connect Northern and Southern California, from upper San Francisco to San Diego – the new plan is to focus on the track between San Francisco and the Central Valley – the primarily agricultural and less populated region of California, which is set to be completed in 2029. 

One of the current hurdles is how to content with traveling through California’s mountainous regions – which designers are still trying to figure out. 

The $77 billion cost, a 20 per cent increase, is a baseline estimate, but Kelly also included high and low ranges in the plan based on potential risks.

It says 119 miles (192 kilometres) of track in the Central Valley is scheduled to open by 2022, which would make it the first operational segment. That’s 14 years after voters approved a $10 billion bond for high-speed rail in November 2008.

A summary of the plan reviewed by The Associated Press offers limited details on the portion from Central Valley to Los Angeles. The agency hopes to complete all necessary environmental reviews for the entire line by 2022, a delay


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Feds Bust CEO Of Company Providing Ultra-Secure BlackBerries To Sinaloa Drug Cartel

Courtesy of ZeroHedge. View original post here.

The owner of a business providing ultra-secure BlackBerries to the Sinaloa drug cartel and other organizations has been arrested following a multi-agency law enforcement operation, according to an Affidavit filed in the Southern District of California located in San Diego. 

Working in conjunction with Canadian and Australian authorities on an operation dating back to at least 2015, authorities raided the business and home of Vincent Ramos, 41 - founder and CEO of Canada-based Phantom Secure, who is charged with racketeering conspiracy to conduct enterprise affairs, conspiracy to distribute narcotics, and aiding and abetting the cartel. Ramos sold over 20,000 phones worldwide, mostly to “the upper echelon members of various transnational criminal organizations.” In fact, investigators were unable to identify “even a single legitimate Phantom Secure user.” 

A second source also familiar with the secure phone industry told Motherboard that the devices have been sold in Mexico, Cuba, and Venezuela, as well as to the Hells Angels gang. -Motherboard.com

Ramos appeared in a Seattle Federal Court on Thursday and was ordered detailed pending his transfer to San Diego where he will stand trial. 

According to the heavily redacted filing written by FBI Special Agent Nicholas Cheviron, the encrypted phones “were specifically designed to prevent law enforcement from intercepting and monitoring communication on the network,” by disabling key functionalities which can be used for tracking and surveillance. Phantom Secure – founded over a decade ago, guaranteed clients that if their BlackBerry is captured by law enforcement or otherwise compromised, they will remotely wipe its memory.

During the sting operation, undercover Canada’s Royal Canadian Mounted Police (RCMP) posed as drug traffickers, where they asked Phantom Secure to delete the contents of an associate’s device after “learning” he was arrested:

“when Phantom Secure receives the Blackberry handsets, its technical team removes the hardware and software responsible for all external architecture, including voice communication, microphone, GPS navigation, camera, Internet, and Messenger service,” reads the Affidavit.  

“Phantom Secure then installs “Pretty Good Privacy” (PGP) encryption software and “Advanced Encryption Standard” (AES) on top of an email program, which it routes through encrypted servers located in countries, such as Panama and Hong Kong, believed by Phantom Secure to be uncooperative with law enforcement.“ 

The company then masked the location of its servers containing the encryption keys and email through “multiple layers of virtual proxy networks.” 

Saudi Arabia notably banned the use of
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“What The F- Is That Thing?”: Fast Moving UFO Stuns U.S. Navy Pilots

Courtesy of ZeroHedge. View original post here.

Stunning video captured by U.S. Navy pilots in 2015 shows a mysterious object with “no obvious wings or tails,” and “no exhaust plume” traveling at a high rate of speed over the Atlantic Ocean ”very low over the water.”

The declassified Department of Defense (DoD) video was released by analytics firm The Stars Academy of Arts and Science - whose advisory committee includes former Clinton and Bush Deputy Assistant Secretary of Defense for Intelligence, Christopher Mellon.

 “What the f— is that thing?” shouts the pilot of a U.S. Navy F/A 18 Super Hornet equipped with a Raytheon AN/ASQ-228 Advanced Targeting Forward-Looking Infrared (ATFLIR) pod – one of the most advanced imaging devices in use by the military which can locate and designate targets at distances over 40nm. 

The unidentified vehicle appears as a white oval shape moving at high speed from top right to lower left of the screen flying very low over the water.   Initially, the sensor is unable to capture the object.  The Weapon Systems Operator (WSO) steers the sensor ahead of the object to attempt another capture.  On the third attempt, the sensor tracking capture is successful.   The sensor is now in “autotrack” mode, where the sensor uses contrast and other parameters to lock-on to a target, automatically keeping it centered in the sensors viewing frame. -TTSA

Specifically noted by the TTSA;

  • There are no obvious wings or tails on the object.  Even IR imagery of a cruise missile, would have visible wings at this range.
  • There is no exhaust plume from the object. An exhaust plume is clearly visible on conventional aircraft in the mid-wave infrared frequency used by the ATFLIR.  Shown below is a mid-wave infrared image of a F-16 in flight.  The sensor is in “white-hot” mode. Note that the length of the exhaust plume is nearly the length of the aircraft.  The video from which this still was extracted makes it clear that the F-16 is subsonic, which means the throttle is at a low setting which creates relatively low exhaust temperatures and volume of exhaust gases.  In a higher power setting, the exhaust plume would be much larger and brighter.

Is the Pentagon ignoring UFOs. Why?

After the New York Times offered the clearest official footage of a UFO encounter in history last…
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Theresa May To Blame Russia For Nerve Gas Attack; “Full Spectrum” Of Sanctions To Follow

Courtesy of ZeroHedge. View original post here.

Barely a week after UK Home Secretary Amber Rudd warned the country not to “jump to conclusions” about who was behind a nerve gas attack on a former Russian double-agent, it appears Prime Minister Theresa May is about to do just that…

In a late-breaking report, the Sun confirmed that May is preparing to name Russia as the perpetrator of the attack on Sergei Skripal, a spy who was turned over to the UK in 2010 as part of a swap with Russia, after receiving confirmation from her intelligence chiefs.

An intelligence assessment explaining the findings is reportedly being delivered overnight, and will be on May’s desk in the morning. The attack, which occurred at a shopping center in a quiet suburban area, led to the hospitalization of 21 people, and left Skripal, his daughter Yulia and a local officer who responded to the scene in critical – but stable – condition. 

The “tell” – as it were – was the presence of certain chemicals which are believed to have been developed in a Russian laboratory. The announcement is expected to take place at 11 am during a meeting of May’s National Security Council. A formal charge against Moscow could be unveiled before the House of Commons could as early as this afternoon. May might even go as far as blaming Russian President Vladimir Putin personally for ordering the hit.

In their report to Mrs May, The Sun has learned that MI5 and MI6 chiefs will cite the very rare substance used on ex-spy Sergei Skripal and daughter Yulia as key evidence of the Kremlin’s involvement.

It is believed to have been developed in the SVR Russian foreign spy service’s notorious Yasenevo laboratory.

Mrs May will then summon an emergency meeting of her National Security Council at 11 am to decide on the scale of Britain’s retaliation.

The result of the finding could be more economic sanctions against Russia (which is still facing sanctions tied to the annexation of Crimea).

Putin

However, UK ministers are still undecided on exactly how and when to retaliate.

A “full spectrum” package of expulsions and economic sanctions has been drawn up, along with a plea for international support for them.

Of course, by blaming Russia for the attack, May be inadvertently doing Putin a…
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Breakouts for Nasdaq and Nasdaq 100

Courtesy of Declan.

Leading indices again continued in their leadership roles; the Russell 2000 managed a new swing high with breakouts for the Nasdaq and Nasdaq 100 after Semiconductors closed at new all-time highs.

The Russell 2000 cleared 1,564 with relative ease with upticks in lead technicals – only relative performance suffered a small loss. Friday’s 1.6% gain now opens up for a challenge on all-time highs of 1,615. Even if markets were to sell off it would take a few days to reverse the bullishness generated by the rally from the ‘tweezer’ bottom.

The Nasdaq posted a clear gap breakout on higher volume accumulation. Technicals are all net bullish. This index is following the lead of the Semiconductor Index with a solid breakout of its own.

The same could be said for the Nasdaq 100 which managed to negate the big January ‘bull trap’.  Volume rose in confirmation accumulation.

The potential short play offered by the test of former channel support and 20-day MA tag was swiftly undone right from the open. Bulls didn’t look back with the index closing at new highs for the day and edging a break of the February swing high based on an end-of-day close.

The weakest index, the Dow Jones Industrial Average, also had its short negated. However, there is still some way to negate the February ‘bull trap’ which other indices have already moved past. Relative performance continues to fall off a cliff which suggests if this rally was to crack then the Dow Jones Industrial average would be the first to suffer the consequences.  Shorts may have been stopped out here but another opportunity could offer itself soon.

The index with the upside momentum is the Semiconductors Index. All technicals and relative performance are in strong alignment (higher) and have yet to suggest any potential weakness; e.g. a bearish divergence.

Given market strength, look to the Semiconductor Index to continue its run…
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Trump, guns and the warnings of history

 

Trump, guns and the warnings of history

File 20180222 152357 1j6bxyc.jpg?ixlib=rb 1.1

Samuel Zeif, an 18-year-old senior at Marjory Stoneman Douglas High School in Parkland, Fla., cries after speaking during a listening session with President Donald Trump in Washington on Feb. 21, 2018. (AP Photo/Carolyn Kaster)

Courtesy of Henry Giroux, McMaster University

The ongoing crisis of democracy has two markers: The erasure of memory and the politics of disposability.

In the age of Donald Trump, history neither informs the present nor haunts it with repressed memories of the past. It simply disappears.

This seems especially true regarding the current cult of violence, guns and domestic terrorism.

Such violence is not only evident in the horrors of early fascist and Nazi regimes, but also in the massacre of Vietnamese infants and children at My Lai , and in the guns turned repeatedly on children in the United States, most recently in Florida.

An estimated 188 shootings have occurred at U.S. schools and universities since 2000. There will be no escape from mass violence in the U.S. until it is placed within a broader historical, economic and political context to address the totality of forces that produce it.

Focusing merely on mass shootings or meaningless gun-control laws does not get to the root of the systemic forces that produce America’s love affair with violence and the ideologies and criminogenic institutions that produce it. Historical and social amnesia in fact facilitates America’s addiction to violence.

This is especially troubling when the “mobilizing passions” of a fascist past now emerge in a stream of hate, bigotry, lies and militarism that are endlessly circulated at the highest levels of the Trump administration and in powerful conservative media such as Fox News, Breitbart News and conservative talk radio stations.

These right-wing media stalwarts have been joined by newcomers like Clear Channel and Sinclair Broadcast Group.

And so the politics of disposability, in which the well-being of citizens, democratic ideals and the social contract are tossed away, is no longer the discourse of marginalized extremists. It’s now trumpeted daily by the conservative media machine and exists at the highest levels of government.

America…
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Currency Focus: Bad Moon Rising for the (UK and the) Pound

Courtesy of ZeroHedge. View original post here.

By Shant Movsesian and Rajan Dhall MSTA fxdailyterminal.com

Excuse the use of a great song by the Creedence Clearwater Revival, but this pretty much sums up how we see the next few months developing for Sterling, as the ramifications of the vote to leave the EU continue to filter though to the real economy.  Stepping aside the issue of whether is was right or wrong for the UK to vote to leave, the harsh reality is that there will be a disruptive impact on the UK, but in getting past the initial shock and surprise of the referendum result, the last 6 months or so have seen the market tagging onto what has been the ‘revaluation trade’, pricing out the Brexit discount, whilst also factoring in expectations of a rate hike on the horizon, perhaps as early as May.

On the Brexit talks alone, it will not have gone unnoticed that the Pound has been enjoying a purple patch while there has been a recess in the negotiations, but now that the talks are set to get under way again, the recent to and fro of exchanges regarding the draft proposals from each side have been garnering greater interest given neither side is happy with the the demands of the other.  Financial services is a major bone of contention, and we are already seeing a number of banks starting to relocate staff to some degree (contingency plans warrant some early displacement), and the effects of this will felt going forward as operations such as EURO swaps clearing are prime for an eventual move.   The EU are adamant that finance will not be part of the main trade deal, with single market access in this area set to be limited at best.  

Many are also very sceptical on how the UK government can insist on no hard border between Northern Ireland and Ireland without exiting the Customs Union.  The DUP are quick to the stamp their foot down on creating a sea border, as was alluded to in the EU’s draft proposals.  In an interview on Sunday morning, the UK chancellor Hammond suggested the current excise laws could accommodate this through security and policing, but this has no precedent and requires all EU 24 member states to agree to this which may cause internal divisions.  Citizens rights are…
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Zero Hedge

Americans' Economic Hope Has Collapsed

Courtesy of ZeroHedge. View original post here.

Which came first, the confidence or the stock market rally?

One thing is for sure, the crash in stocks in December has crushed the hope of Americans that their economic future is going to be better under President Trump.

Overall confidence dipped to 58.1 - a 4-month low, but, U.S. consumers this month were the most downbeat on the economy since November 2016, a third straight drop after expectations reached a 16-year high just three months earlier, as the partial government shutdown wears on toward a fourth week.

...



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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...



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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?

...



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Digital Currencies

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

Courtesy of Michelle Jones via ValueWalk.com

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

CCN...



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ValueWalk

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 ...

http://www.insidercow.com/ 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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Biotech

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 www.shutterstock.com

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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OpTrader

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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Promotions

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:

 

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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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