Archive for 2019

Huawei: fears in the West are misplaced and could backfire in the long run

 

Embed from Getty Images

 

Huawei: fears in the West are misplaced and could backfire in the long run

Courtesy of Howard Yu, IMD Business School

Western fears of Chinese telcoms giant Huawei infiltrating their technological infrastructure are rooted in fears of China’s rise. Three of the “Five Eyes Network” of English-speaking states that share intelligence – the US, Australia and New Zealand – have blocked their local firms from using Huawei tech in building their 5G networks. The UK and Canada are under pressure to follow suit.

But a lot of these fears are misplaced and cutting Huawei out of the picture could backfire in the long run. Not only would it limit Western access to new, state-of-the-art technology, it could create a world split along technological lines.

Depending on who you talk to, you’ll get vastly differing portrayals of Huawei. Many of the concerns are based on the idea that the company is in bed with the Chinese government and point to founder, Ren Zhengfei’s background as a People’s Liberation Army engineer. Yet Ren only owns about 1.4% of the company’s stock – the rest is owned by more than 80,000 of Huawei’s employees and it is a private company, not a state-owned enterprise.

Some say Huawei has committed systematic intellectual theft. Yet its rivals Nokia and Ericsson have been slow to release telecoms equipment as advanced as Huawei’s and British telecom network BT says it is “the only one true 5G supplier”.

Another story you could focus on is how Huawei came to dominate the telecoms equipment market in Africa. Economic miracles on this continent over the last decade have been generated by mobile phone services. Sticking it out in a number of adverse conditions, Huawei has been the key provider of this infrastructure.

But Huawei is not currently being scrutinised for its business conduct in Africa. The focus is on how Huawei has filed the most patents in Europe, spent more money on research than its rivals Cisco, Nokia or Ericsson, earned half of its income from outside of China, and boasts a revenue twice as much as that of Cisco and significantly more…
continue reading





Visualizing The Potential Of Smart Mining

Courtesy of ZeroHedge. View original post here.

Mining has traditionally been depicted with pack mules, pickaxes, and rugged prospectors.

However, as Visual Capitalist's Nicholas LePan points out, it may surprise you to learn that today’s mining industry is precisely the opposite in almost every respect. It’s high-tech, efficient, and safe.

This is partially because modern mining companies are deploying the latest in sensor and cloud technology. These connected mines are improving the extraction process and workers’ safety while also boosting productivity.

Today’s infographic comes to us from Natural Resources Canada and discusses how this sensor and cloud technology can be integrated into the extractive process.

What is Smart Mining?

A connected mine uses data from sensor technology to effectively manage underground and pit mining operations.

“Any mining operation today will have in the thousands or hundreds of thousands of sensors capturing in real time a vast swath of data.”

– Mukani Moyo, McKinsey Senior Expert (Source)

From a single application on a mobile device, supervisors at mine sites can now receive alerts via SMS, email or in-app notifications. This helps them react to critical problems in real-time and maximize productivity.

In addition, advanced data analytics can be applied to the raw data to create insights, visualizations, and recommendations. This information is delivered to mine managers and employees in real-time on their mobile devices.

Case Study: Smart Solutions in Practice

Dundee Precious Metals was one of the first companies to bring wireless networks into an underground mine. The company used RFID and Wi-Fi to monitor the location of equipment and people. The networks also allowed personnel to stay connected to the surface.

Once the networks were installed, communication was reliable and instantaneous – even almost 2,000 feet underground at the bottom of the mine. Workers could bring laptops and smartphones into the mine to stay connected to personnel and software on the surface.

With an RFID chip on every vehicle, machine, and person, managers can see the location of everyone and everything in the mine. This helps prevent accidents and breakdowns, and streamlines operations in real-time.

There are also…
continue reading





S&P Futures Plummet As China Said To Cancel Washington Trade Trip, All Eyes On S&P 2,890

Courtesy of ZeroHedge. View original post here.

It's only appropriate that the S&P may be about to suffer its biggest drop of the year one day after hitting a new all time high.

For those who are only now catching up, the reason why futures are tumbling is that just after 12pm ET, Trump tweeted that trade talks – which according to the White House, media leaks and Larry Kudlow would be basically concluded by next week – are instead effectively dead, as the current 10% tariff will spike to 25% on Friday, while an additional $325BN in goods will be subject to new trade tariffs.

Some saw in Trump's tweet a retaliation for Friday's North Korea ballistic missile launch, the first since 2017, and one which would not have happened without the explicit blessing of Beijing.

Others were more nuanced, and Nomura's Charlie McElligott writing late on Sunday that "either this is an epic act “rope-a-dope” posturing and poker-playing from POTUS to collect a (self-perceived) “better” deal “win” thereafter…as the 500-handle rally in Spooz has given Trump enough confidence to absorb a market drawdown and again “lean-into” what some in the administration believe is Chinese “slow-playing”—all in an attempt from to extract additional last-minute deal concessions, after last week’s reported negotiation setbacks—OR a raging ‘miscalculation’ with “vigilante” markets."

For now it is looking like it's the latter, with futures tumbling and the Emini down a whopping 55 points on Sunday night, shaping up as the third biggest intraday drop of the year so far.

But Nasdaq is worst for now (down over 2%) as Dow is down 500 points.

Meanwhile, the (non-USD) FX markes is getting absolutely crushed, with China proxies such as the Aussie and Kiwi tumbling, because, as McElligott adds, the key risk is that the offshore Yuan (CNH) may tumble – which it is currently, plunging over 1.3%, or the biggest move since Jan 2016, "as market forces anticipate that China may allow the Yuan to weaken considerably IF they choose to retaliate (a big “IF”), following their prior perceived ‘goodwill’ controlling of the exchange rate within a tight band the past three months for trade…
continue reading





Brunei Backs Off Buggery Ban, Won’t Murder Homosexuals After All

Courtesy of ZeroHedge. View original post here.

The southeast Asian country of Brunei has extended a moratorium on the death penalty for violations of sharia law prohibiting gay sex, after a massive backlash by celebrities which included a boycott of luxury hotels and other businesses owned by the Kingdom. 

[I]n a rare response to criticism aimed at the oil-rich state, the sultan said the death penalty would not be imposed in the implementation of the Syariah Penal Code Order (SPCO).

Some crimes already command the death penalty in Brunei, including premeditated murder and drug trafficking, but no executions have been carried out since the 1990s. -Reuters

The reversal comes after Brunei fired off an angry letter to the European parliament last month defending its decision to begin enforcing the laws on April 3 in accordance with sharia customs the country adopted in 2014. Parliament had considered imposing asset freezes, visa bans and the blacklisting of nine hotels owned by the Brunei Investment Agency, including the Beverly Hills hotel, Hotel Bel-Air and the Dorchester in London. 

"I am aware that there are many questions and misperceptions with regard to the implementation of the SPCO. However, we believe that once these have been cleared, the merit of the law will be evident," said the sultan during a speech ahead of the start of the Islamic holy month of Ramadan. 

"As evident for more than two decades, we have practiced a de facto moratorium on the execution of death penalty for cases under the common law. This will also be applied to cases under the SPCO which provides a wider scope for remission."

While it appears that those who engage in same-sex sodomy will be spared their lives, no indication has been given as to what will be done to them. There is also no word on what will be done to those who commit other crimes, as the new laws allow for the amputation of thieves and whipping of crossdressers wearing clothes associated with the opposite sex. 

In regard to whipping, if that is deemed by sharia courts to be the appropriate punishment, the kingdom said this will be administered only by those of the same gender as those convicted.


continue reading





Is The VIX About To Explode Higher Thanks To A Record Short Squeeze

Courtesy of ZeroHedge. View original post here.

In light of today's shocking update from Trump's twitter account on the true state of trade war, one which confirmed what we said all along, namely that there is no deal coming any time soon, some are wondering if that record short in VIX futures that has quickly since the start of the year and now amounts to 180K net spec shorts, is about to lead to a VIX explosion a la Feb. 2018 amid a Volkswagen-like short squeeze.

Maybe, but also maybe not.

As a reminder, we were the first to point out in "A War Has Broken Out In The VIX Complex" that even as massive VIX futs piled up on the short side, the vega of vol ETPs was approaching an all time high, and in fact, according to the latest update, was indeed at a record level.

Now, superficially, there is a kind of a symmetry around this divergence, one which has managed to confuse not only the more chronically clueless members of the fintwit echo chamber, but apparently the likes of Goldman Sachs' derivatives expert, Rocky Fishman.

And speaking of Fishman, on Friday, the Goldman strategist published a "Q&A on the VIX ETPs' record long positioning", in which he laid out some of the core basics, including his calculation of the ETP sector's sensitivity to VIX moves, or vega. In a nutshell, Fishman echoes what we said three weeks ago, and notes that "the net position of the ETPs is more long than ever before, with almost $300mm of exposure per VIX futures point. The TVIX (2x levered VIX ETN) is currently the largest ETP by AUM and largest by far by total VIX futures exposure. The TVIX and the newly-renamed VXX (formerly VXXB) have each received around $1bln of inflows year-to-date (though each has a market cap below $1bln due to negative performance). The growth in long VIX products and the lack of interest in short VIX products both reflect defensiveness by their investors. With the beta of VIX futures to the SPX at about 3 times and the weighted VIX future close to 16, this position…
continue reading





Inflated And Overpriced Retail Real Estate Turns Manhattan Into “Wasteland”

Courtesy of ZeroHedge. View original post here.

The Fed loves to tell us how necessary and vital inflation is for economic prosperity, but in the case of midtown Manhattan's "prime" retail real estate, it is doing nothing but helping cause once extremely prominent shopping areas to become the very same "ghost towns" they turned into during the 2008 housing crisis. Mayor DeBlasio's asinine solution to this issue created in part by faulty government policy? More government and more regulation. So much for the recovery.

As if brick and mortar retail didn’t have enough problems to deal with being methodically decimated by the ever growing behemoth that is Amazon, store owners are now facing rent that is simply so high that it makes it prohibitive for them to open retail shops and do business in once prominent areas of downtown Manhattan.

On Saturday, the New York Post wrote an article confirming our writeup from late March – that these high prices were driving businesses out of town:

If you want to see the future of storefront retailing, walk nine blocks along Broadway from 57th to 48th Street and count the stores.

The total number comes to precisely one — a tiny shop to buy drones.

That’s right: On a nine-block stretch of what’s arguably the world’s most famous avenue, steps south of the bustling Time Warner Center and the planned new Nordstrom department store, lies a shopping wasteland.

It shouldn’t come as a surprise to anybody that Amazon and other online retailers have had a profoundly negative effect on traditional brick-and-mortar retailers. This is the narrative that has been playing out for the last couple of years as we have watched retail stocks like Sears, JCPenney and Macy’s get destroyed while online shopping names have performed extraordinarily well.

But what may come as a surprise to some is the fact that the constant need to keep prices of real estate and rent rising, regardless of traditional supply and demand, is exacerbating things to a degree where some of the most sought after real estate in the world has now become deserted and barren. The article continued:

The


continue reading





Sri Lanka Expels 200 Islamic Clerics Following Deadly Easter Attacks

Courtesy of ZeroHedge. View original post here.

Sri Lanka has expelled more than 600 foreign nationals, including approximately 200 Islamic clerics since the Easter suicide bombings at three churches and three luxury hotels that killed 257 people and wounded nearly 500. 

The attacks were led by a local Islamic cleric known to have traveled to India where he made contact with jihadis. 

Home Affairs Minister Vajira Abeywardena said the clerics had entered the country legally, but amid a security crackdown after the attacks were found to have overstayed their visas, for which fines were imposed and they were expelled from the island. -Daily Mirror

"Considering the current situation in the country, we have reviewed the visas system and took a decision to tighten visa restrictions for religious teachers," said Abeywardena, adding "Out of those who were sent out, about 200 were Islamic preachers.

Police said that many of those expelled include foreigners from Bangladesh, India, Pakistan and Maldives who have overstayed their visas. 

"There are religious institutions which have been getting down foreign preachers for decades," Abeywardena said. "We have no issues with them, but there are some which mushroomed recently. We will pay more attention to them."

Sri Lanka is overhauling the country's visa police in the wake of the attacks, as authorities now fear that foreign clerics might radicalize locals for future attacks. A state of emergency was imposed after the attacks which give wide powers to police and troops in order to arrest and detain suspects for extended periods. 

Authorities have been conducting house-to-house searches for explosives and radical Islamic propaganda.

Late last month, security forces exchanged gunfire in a battle with terrorists holed up in an Islamic State safe-house in the Muslim-majority town of Sainthamarudu in Sri Lanka’s Eastern Province after they were tipped off by a local Imam, according to BDNews24.

In a gun battle between the security forces and terrorists holed up in a van and the safe house, and following three explosions triggered by the holed-up terrorists on Friday night, 15 people, including six men, six women, and three children, were killed.

Two suspected terrorists, believed to be suicide bombers, have decamped and a hunt is on for


continue reading





Dow Futures Plunge 500 Points As Markets Adjust To Trump Trade Threats

Courtesy of ZeroHedge. View original post here.

Update: Futures markets have just opened and Dow Futures are down 500 points…

All of Friday's melt-up to record high gains, gone…

WTI Crude is down over 2% at the open…

What is more problematic, as Nomura's Charlie McElligott warns in an emergency note this evening:

SPX / SPY consolidated options “Gamma” is set to flip ‘negative’ around 2890 as an “acceleration point” where moves could get sloppy with dealer hedging.

Asset managers could turn “sellers” of their very profitable futures length acquired YTD:

There is a very large Asset Mgr ‘net long’ in US Eq Futs, as they currently hold a total $123B net long notional position across US Equities Futures (SPX, NDX, Russell)—with $62.4B / half of the overall position bought YTD alone.

As half of this position then is deeply ‘in the money,’ it would make sense that an extreme ‘risk-negative’ reaction to this news by the market tonight / tomorrow could elicit AM profit-taking to monetize some of this performance YTD

Final point – it was leveraged funds who were finally “forced in” last week (through start of week), covering $9B of SPX futures short positioning…

while we also saw Macro Funds take up their “Beta to SPX” WoW, going from 11th %ile to now 51st %ile into the start of the week. 

Tough timing.

Black Monday?

How long before Trump walks back his threats?

*  *  *

As we detailed earlier, indications across the (admittedly thin) FX markets is that 'pain' is on its way for risk assets after Trump's China Trade deal threats.

Yuan has plunged over 500 pips to 3-month lows…

For context…this is the biggest yuan crash since August…

And USDJPY is down notably (typically signaling derisking of carry-trade funded risk assets)…

We'll see if the algos buy the dip when US futures market open. Also note that China is still on holiday today.





Dow Futures Plunge 500 Points Amid Trump Trade Threat Turmoil

Courtesy of ZeroHedge. View original post here.

Update: Futures markets have just opened and Dow Futures are down 500 points…

All of Friday's melt-up to record high gains, gone…

VIX Futures spiked to 16.8…

WTI Crude futures are down over 2% at the open…

Treasury futures are soaring (equivalent to around a 6bps plunge in 10Y Yield to 2.46% – pre-Fed levels)

What is more problematic, as Nomura's Charlie McElligott warns in an emergency note this evening:

Either this is an epic act “rope-a-dope” posturing and poker-playing from POTUS to collect a (self-perceived) “better” deal “win” thereafter… as the 500-handle rally in Spooz has given Trump enough confidence to absorb a market drawdown and again “lean-into” what some in the administration believe is Chinese “slow-playing” – all in an attempt from to extract additional last-minute deal concessions, after last week’s reported negotiation setbacks -

OR a raging ‘miscalculation’ with “vigilante” markets.

SPX / SPY consolidated options “Gamma” is set to flip ‘negative’ around 2890 as an “acceleration point” where moves could get sloppy with dealer hedging.

Asset managers could turn “sellers” of their very profitable futures length acquired YTD:

There is a very large Asset Mgr ‘net long’ in US Eq Futs, as they currently hold a total $123B net long notional position across US Equities Futures (SPX, NDX, Russell)—with $62.4B / half of the overall position bought YTD alone.

As half of this position then is deeply ‘in the money,’ it would make sense that an extreme ‘risk-negative’ reaction to this news by the market tonight / tomorrow could elicit AM profit-taking to monetize some of this performance YTD

Final point – it was leveraged funds who were finally “forced in” last week (through start of week), covering $9B of SPX futures short positioning…


continue reading





John Williams Warns: “Recession Already In Place, Watch Out!”

Courtesy of ZeroHedge. View original post here.

Via Greg Hunter’s USAWatchdog.com,

You might be wondering why the Trump Administration is calling for rate cuts and money printing with all the good news about the economy.

Economist John Williams of ShadowStats.com knows why and contends,

We have a recession in place. It’s just a matter of playing out in some of these other funny numbers. The reality is on the downside, where you have mixed pressures right now. People who are really concerned about the economy right now, and that includes President Trump looking at re-election, he’s been arguing that the Fed should lower rates, and I am with him. The Fed created this circumstance. They are pushing for the economy on the upside because they want to continue to keep raising rates. Banks make more money with higher rates, and they are still trying to liquidate the problems they created when they bailed out the banking system back in 2008.”

Williams strips out all the financial gimmicks in his work that make things look better than they really are to give a true picture of the real financial health. Take for example the recent reportedly good news of the trade deficit narrowing. Williams says,

“What we saw was the very unusual narrowing of the deficit . . . that’s generally good news . . . but if you look at why the trade deficit was narrowing, it wasn’t that we were having new surging exports . . . instead, we were having collapsing domestic consumption.  People weren’t buying things. People were not buying goods. So, the imports were falling off, and that narrowed the deficit. That is not a healthy sign. The last time you saw something like that was the beginning of the Great Recession (2008–2009). . . . We still haven’t recovered from the Great Recession.”

If rate cuts don’t happen soon, is the economy going to tank? Williams says,

The economy is tanking, and I’ll contend it already has, although we have not seen it in the GDP reporting. . . . The ultimate thing here is you have a collapse in the dollar. I am talking about a hyperinflationary collapse. Your


continue reading





 
 
 

Zero Hedge

Trash Wars: Duterte Orders Tons Of Garbage Shipped Back To Canada Or Dumped In Territorial Waters

Courtesy of ZeroHedge. View original post here.

Outspoken Philippines President Rodrigo Duterte has ordered that containers carrying trash from Canada should be shipped back to the country. It is the latest chapter in a disagreement over more than 100 containers of trash that were shipped to the Philippines between 2013 and 2014, illegally, by a Canadian company. 

Canada had previously agreed to take the trash back, but has been slow in making arrangements for its return. Duterte threatened to leave the trash in Canadian waters if Ottawa refuses to take it back, according to Salvador Panelo...



more from Tyler

Phil's Favorites

Animal Spirits: The Absence of Stuff

 

Animal Spirits: The Absence of Stuff

Courtesy of 

Mention Animal Spirits to receive 20% off from YCharts (*New YCharts users only)

Stories Discussed

Best graduation ever

...



more from Ilene

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...



more from Kimble C.S.

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 readtheticker.com we believe a combination of Gann Angles, ...

more from Chart School

Insider Scoop

55 Biggest Movers From Yesterday

Courtesy of Benzinga.

Gainers
  • Obalon Therapeutics, Inc. (NASDAQ: OBLN) shares jumped 233.3 percent to close at $1.30 on Wednesday after the company reported expanded data from a large scale commercial use study that was presented at the Digestive Disease Week.
  • Ascent Capital Group, Inc. (NASDAQ: ASCMA) shares jumped 51.4 percent to close at $1.37 after the company announced a restructuring support agreement with Monitronics International.
  • Valeritas Holdings, Inc. (NASDAQ: VLRX) shares dippe...


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

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 ...



more from Bitcoin

Biotech

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

...



more from Biotech

ValueWalk

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 ...



more from ValueWalk

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...



more from Our Members

Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

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.

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 ...



more from OpTrader

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:

 

·       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 >>


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 >>