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  1. phil

    I hope everyone's weekend is going well.  

    Things sure seem to be going GREAT in America:

    Protests flare across U.S. | Live Events | Reuters

    George Floyd Death - NBC News | NBC News

    Riots in America: Fears About New Coronavirus Outbreaks - Bloomberg

    America clamps down on freedom of assembly as 25 cities imposed ...

    4 more years baby!

    Leadership!

    Protests rage for a fifth night across America | National ...

    Thread by @thedailybeast: OPINION: The arrest of CNN reporter ...

    ???????????LV???????????30????????? ...

    What reasonable person could see a  connection here?  Clearly the President's words did not lead to attacks on CNN, right? 





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Kimble Charting Solutions

Commodity Index Price Reversal Raises Hope for "Double Bottom"

Courtesy of Chris Kimble

It’s been a rough decade for commodities… but there may be light at the end of the tunnel.

As you can see in today’s chart, the Equal Weight Commodity Index made new decade lows this spring at (1).

In general, this is bearish. BUT, prices reversed higher with a little attitude. Precious metals has been strong and crude oil is well off its lows.

This has given life to a potential double bottom pattern, as this year’s lows came in and around the 2009 financial crisis lows.

Is it possible that Commodities have created a long-term double bottom at (1)? Poss...



more from Kimble C.S.

Zero Hedge

Goldman Expects A 60% Drop In Q2 EPS, Much Worse Than Consensus

Courtesy of ZeroHedge View original post here.

While Morgan Stanley continues to cheerlead some imaginary V-shaped recovery that is increasingly just in the heads of its research analysts who are running out of time to convince the bank's clients to buy everything the bank's prop desks have to sell (while pointing to the market's surge as if central bank manipulation in the form of trillions of money printed is somehow equivalent to discounting the future, something which the market used to do before central bank...



more from Tyler

Phil's Favorites

Coronavirus: five reasons why the UK death toll is so high

 

Coronavirus: five reasons why the UK death toll is so high

Courtesy of Jasmina Panovska-Griffiths, UCL

At the start of the coronavirus pandemic, UK government advisers suggested that 20,000 UK deaths would be a good outcome. Today, the tally sits at more than 45,000.

There is no doubt the UK has been hit hard by coronavirus, and has the second-largest number of deaths worldwide, trailing only the USA which has five times the population and ...



more from Ilene

Biotech/COVID-19

Coronavirus: five reasons why the UK death toll is so high

 

Coronavirus: five reasons why the UK death toll is so high

Courtesy of Jasmina Panovska-Griffiths, UCL

At the start of the coronavirus pandemic, UK government advisers suggested that 20,000 UK deaths would be a good outcome. Today, the tally sits at more than 45,000.

There is no doubt the UK has been hit hard by coronavirus, and has the second-largest number of deaths worldwide, trailing only the USA which has five times the population and ...



more from Biotech/COVID-19

ValueWalk

The Sharp Rise In Activist Investors In 2020 - New Data released

By Jacob Wolinsky. Originally published at ValueWalk.

Q2 2020 hedge fund letters, conferences and more

Key data shows;

  • Campaigns carried out in H1 2020 shows an overall increase in the number of campaigns, figures look set to substantially top 2019’s total
  • In 2019, the number of campaigns increased significantly to 893 (compared to 655 in 2018). However, successful campaigns dropped by 15% and the number of unsuccessful campaigns increased by 34% (132 unsuccessful campaigns in 2018 to 185 in 2019).
  • Governance is now the new target for activism, and over the past decade, institutional investors have become more active in seek...


more from ValueWalk

Chart School

Dow 2020 Crash Watch - Update

Courtesy of Read the Ticker

Like 1929 the markets have bounced. This time it is on the back of the FED $6.5T money printing.

Previous Post: Dow 2020 Crash Watch 

But can the FED blow $6T every time the market rolls down to test support.

Yes, maybe before the US 2020 elections the FED will do 'what it takes'. But post elections not so much, the year 2021 is a long way from the next election (presidential or congress) and defense of the markets may not be so supportive at $6T or $10T per market smash. The FED may hesitate, and that will be window for stocks to break lower.

The 36 month simple moving a...

more from Chart School

The Technical Traders

Retail Traders & Investors Squeezed to Buy High-Risk Assets Again

Courtesy of Technical Traders

Yes, we certainly live in interesting times.  This, the last segment of our multi-part article on the current Q2 and Q3 2020 US and global economic expectations, as well as current data points, referencing very real ongoing concerns, we urge you to continue using common sense to help protect your assets and families from what we believe will be a very volatile end to 2020.  If you missed the first two segments of this research article, please take a moment to review them before continuing.

On May 24th, 2020, we published this ...



more from Tech. Traders

Lee's Free Thinking

These Charts Show COVID 19 Is Spreading in the US and Will Kill the Economy

 

These Charts Show COVID 19 Is Spreading in the US and Will Kill the Economy

Courtesy of  

The COVID 19 pandemic is, predictably, worsening again in much of the US. Only the Northeast, and to a lesser extent some Midwestern states, have been consistently improving. And that trend could also reverse as those states fully reopen.

The problem in the US seems to be widespread public resistance to recommended practices of social distancing and mask wearing. In countries where these practices have been practi...



more from Lee

Digital Currencies

Blockchains can trace foods from farm to plate, but the industry is still behind the curve

 

Blockchains can trace foods from farm to plate, but the industry is still behind the curve

App-etising? LDprod

Courtesy of Michael Rogerson, University of Bath and Glenn Parry, University of Surrey

Food supply chains were vulnerable long before the coronavirus pandemic. Recent scandals have ranged from modern slavery ...



more from Bitcoin

Members' Corner

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

 

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

No matter the details of the plot, conspiracy theories follow common patterns of thought. Ranta Images/iStock/Getty Images Plus

Courtesy of John Cook, George Mason University; Sander van der Linden, University of Cambridge; Stephan Lewandowsky...



more from Our Members

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.  

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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

more from M.T.M.





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