Phil - I know I am small change compared to most others members, but I just wanted to let you know that during the last two weeks with the shorts you and others suggested I have 6 winners and 5 losers. My losers were small because I tried to follow your guidelines as best I could. On the other hand my winners on average were around 50%. Consequently, I am up $2000 in 14 days. Thank you for your patience and help. I think I am making progress getting rid of some of my poor trading habits of the past!
DCalrk41
Being on this board is better than successfully completing the Times crossword. Phil's panoply of comments manage to excite, illuminate, frustrate, exasperate, confuse, enlighten, outrage, invigorate and stupefy (and that's par for the morning session only!). But goddammit, it's addictive, informative and when it all goes right extremely profitable.
Winston
There are a lot of us that have been here a long time and we all learn something everyday. Just keep asking questions, there are a lot of smart people here and they are willing to help and then of course, you have Phil.
Jr Mints
Phil - Another excellent teaching article - when you write like that it blows me away. Thank you!
I had the ideas from earlier articles but what I didn't have was enough understanding. The familiarity of ideas through repetition, re-working, revision - over time - the variation, the pulling out of implications - it all contributes to understanding and mostly thats on the student - but a good teacher (worth their weight in gold) makes understanding a pleasure.
I wanted to learn about trading options because it makes my brain feel better - fitter, healthier. Actually mostly it makes me happy to think about the trade and trading options.
You are a good teacher and I know that or I wouldn't value the subscription the way I do. It pays for itself through the pleasure of understanding alone.
Redfern1
Kudos on the POT puts! I studied the charts last night and you couldn't have hit the inflection points more perfectly. Since there are often many head fakes in the charts, that was very well done. I know they can't all work this well, but that was an extra unexpected bonus yesterday.
Ocelli7
AMZN ... thanks Phil; boy did they run a squeeze on everyone there ... made me sweat ... scaling helped! I think AMZN has an 85 handle tomorrow ... maybe lower.
Cap
I've been trading/investing since the early 80's (my dad started me out young). I've had seven figure accounts (in the past) and I've done lots of trading, so I can say that I'm a well seasoned investor. Phil is the real deal. His trades make sense and his strategy is sound. He sees things that others miss and he's one of the best at finding price anomalies. When he makes a mistake, he has an exit strategy already planned. He hedges very well and he has an instict which tells him to go to cash or to be all in.
Autolander
New members – a word of advice: you should check out the track record of Phil's last few trades of the year, and what the return would be if you just rolled all the gains into the next years trade of the year. Remember – trade of the year is one he's virtually sure of, and he rarely misses on those
Deano
I want to thank you for sharing your wisdom with us. I've learned a lot (and still am) about your trading strategy, but also I see a man who truly cares about our country, America. Thank you.
Autolander
The wonderful resource that Phil has created for us and nourished by its members is so powerful in what it can teach us going forward, but also what we can learn from the past. I never say it often enough, but Phil – thanks for all the work you do for us.
Winston
You guys gotta give it to phil–the voice of reason yesterday, last nite and this morning.
Corleone
You are doing a fantastic job. I think most of us our very well balanced and consequently have learned how to manage through these ever so short declines in the market without panic.
Dclark41
hil, I hit my targets for the year in my 401K (thanks in no small part to your site), so I cashed out of all positions a couple of weeks ago. Feels good... I'm conservative with this money –looking for 2% per month, which i've been able to do… thx.
Lunar
Started my membership in mid-Oct and have since then learned so much about options by reading the site's articles and postings, members' chats and suggested trades – as a bonus, the articles are entertaining as well! Phil's long-term investing strategy makes really good sense as I've seen its effect on my GLW positions.
Phil – thanks for sharing your knowledge of the market! I've worked as risk analyst for the investment dept of a $19B insurance company, and the scope and depth of your daily commentaries blows away what I have seen and heard from the PMs and even the chief investment officer! Most of all, I will continue to be a member because you have your priorities right (from my POV) – it's not all about money and power.
Bai2r
I am an investor, not a trader. The information at Phil's World is top-notch and always relevant. It is great to see your website thriving.
Prof
Nice call on the QQQ puts this morning Phil. I bought 10 at .13 this morning for fun day trade. Just closed at .95. Sweet hedge for the day!
RevTodd64
Oil – thanks Phil,
got in late at 0.53 on the 38p today, set a sell for 0.75 and took the dog for a walk – 70% gain and more than enough $$ to buy dog food. TZA Aug 35/40 BCS – closed out for a 100% gain in under a month – thanks again for introducing me to these trades.
CanuckBob
Peace of mind / I have a portfolio mainly consisting of long term long calls, short term short calls and puts, and long term BCS. Three years, ago when I started my journey on this board I would be freaking out panicking as to what to do, as many of the short calls are ITM, Three years later (today) I look at the screen and serenely process the information. Three years ago, I inevitably made the wrong decisions which cost me a lot of money. Three years on I calmly roll the positions to whatever makes sense. No drama, no hair pulling, and a great cost saver. I guess they call that the power of education.
Winston
Phil/ I hope the next 5 year bear market will be as much fun and as profitable as this 5 year bull market. For those who survived 2008/2009, and who imbibed the wisdom of PSW, what a time it has been. Good to have you by my side. I think you are selling yourself short – you need to triple your prices :)
Winston
Hi Mr. Phill, I am a Venezuelan lady tormented by our politicall situation, who use to be an emerging market trader, and many other executive positins in the finance "arena" and now is trying to built a new concept and service for asset management for clients on my own, I am in the trial and learning process at the moment, I also invest for some friends and myself. I want to congratulate you , because reading you fill my days with a touch of irony (besides ,of course the spectacular market insight) that happens to give me energy, its a joy the remarks and comments even the pictures used, sometimes I just read it for the fun, I completily agree with your thouhts, though we belong to totally different cultures and enviorements and certanly realities Your readings is like a little hand helping me out to be in the market and fight for my devastated country where every single day we looe inches and yards of liberty. You shoul try to writte a book!
Mindeyes
1,000% on SKF - It was a freakin' monster into the center field bleachers! I saw it play out live and squawked it from the StockTwits ID which 14k people follow: Home run trade of the week @philstockworld just knocked cover off ball w $SKF puts. http://bit.ly/piBL Great trade bud!
Phil Pearlman - StockTwits
Thx Phil. Lightly moving in the bullish direction. Took PFE for $14.35 and sold the Jan 11 C/P for $2.85 giving me a net entry below Mar 09 low. And I bought back those calls on BTU and JPM I asked about the other day and am leaving them uncovered for now, so feeling better. Still just learning the rhythm.
In the three months I have been using your system, my little portfolio is up 9.9%, so not only am I learning, but I am APPLYING that knowledge, and it's paying off. Thanks.
Hoss
Aapl/Phil
Thanks for your advice, always appreciated.
So, not so much a tax issue, but more to protect against a 5% or greater drop.
Here is what I did before their earnings…sold 25% of my stock at 147.50
Against the rest, I sold the June $140 calls for $8.25, protecting down to $140 if needed.
And just for fun, I bought the weekly $145 puts for $1.50( small price to pay if they bombed on earnings)
So, overall, I am happy with the insurance I was able to 'generate' for 1% of the price of stock.
Now, depending on what happens, I have the luxury of deciding and being in the driver's seat with respect to whether to sell and buy your spreads or not.
Having done all that meandering, I must say it was fun!
More important, I could not have done something like that 2 or 3 years ago and reading and thinking about your teachings has been a tremendous asset.
Thanks!
Maya1
Well that was a fun day. Cashed out my GS 140 calls for about 35% profit and my AAPL calls for 38% gain. Not bad for 40 minutes of work. Back to 85% cash.
Singapore Steve
CZR – well that was fun! Opened the play yesterday. As the arb premium was now almost all gone from the box spread today, I just decided to close it. The rundown, after all commissions: my net was $183.51 profit for an overnight trade tying up $2000 margin in an IRA account. That's a 9% overnight return (3200% annualized!) …And all that learning, too! Thanks PSW!
Scottmi
Your discussion during your web seminar on SPX and SDS today was great. It really let me see how you look at the numbers and use the 5% rule to see where inflection points occur and what the bands look like. This was incredibly helpful. I actually sold out of my small short position at a good profit ( which was more a bet on a short term fluctuation rather than a hedge after listening to you) and will look more deeply at my portfolio and how to hedge it. In addition your view on hedging was also very helpful looking at the leverage you can get w/ a small spread, and protect portfolio against a big move against me. Thank you for your sharing this. Very helpful.
Batman
In options trading, one must remain flexible with the ability to adjust to take advantage of the unexpected moves in the market. It is like chess - spend most of your time strategizing the next move. A good understanding of options is necessary to change direction and make adjustments as the market moves against you. I have a friend that honed his option skills while a member of Phil's elite membership over a period of two years. With the education acquired, he made over $2 Mil in that period, trading options and following the plays put on by Phil. If making money is your goal, then he is the go-to guy, as he knows option strategies better than anyone, and market timing is also a skill he has mastered.
1234gel
Tesla et. al. – I've spent many months getting hammered shorting overvalued Momos, until, finally, I internalized Phil's message. Play small; give yourself plenty of room to double/move up the [lack of value] chain in terms of price. Play short; take [Musk's, eg.] latest bleep and sell the spike for a short time frame, because his tweets always come to naught. I've been coining money doing it, I just watch that premium melt away with scarcely veiled amusement. Swinging for the fences is for suckers [me, for a long time]. Those little gains really add up — $2k per week of evaporated premium and you could actually buy a Tesla by the end of the year!!
zeroxzero
Phil - I got your earlier trade a month or so ago on MSFT 2015 32/37 BCS, selling 2015 30 puts. Nice up 75% now!
Jomptien
Phil, thank you for all the education here. I've gained so much knowledge being a part of PSW.
Thanks to the rest of the members as well! I appreciate all of the contributions you make.
Several people on twitter and some in person have asked me for an update on my very bullish position on Verizon – especially since the results were not as good as expected last quarter.
I promised I would be forthcoming – but that I wanted to spell it out to our clients first. This is an extract from a client letter.
I want to start with the original bull thesis.
The original thesis
The original thesis came from watching Randall Stephenson (the CEO of AT&T) talk at a Milken Conference in 2012. The original recording is here. The relevant portion of the video starts at about minute 18.
Randall Stevenson tells a story of the iPhone’s introduction. The introduction of smart phones ran the company out of capacity in parts of country. [Apple offered the iPhone exclusively through AT&T in the USA.]
In New York the problems were intense. The complaint in New York was that the iPhone was a great phone so long as you accepted you could not use it as a phone. Jon Stewart mocked the coverage with unusual brutality on the Daily Show (link).
AT&T solved this by more and more capital expenditures. At the time, capex ran at around US$20 billion per annum. AT&T was – other than the government – the single biggest capital spending entity in the US.
Stephenson (speaking in 2012) said that the same problem would recur as usage continued to grow massively. But this time Stephenson argued it is different. He asserted that AT&T would not be able to solve this problem by more capital equipment. Spectrum congestion was inevitable.
He saw this as apocalyptic, but we saw potential pricing power and improving profitability.
We were doing simple arithmetic and getting very large numbers. Most Americans if given a choice between their pay-tv provider and their smart phone would choose the smart phone, but they currently pay more for their pay-TV.
It the article below, the "high-yield closed fund" that author Eric Newman constructs seems slightly like what a Bernie Madoff Fund might look like, before the investors started asking for their money back.
I want to send you over to Eric Newman’s shredding of a popular closed-end fund, which purportedly offers a 20%-plus yield to investors so that you can learn about one of the worst conventions of the investment biz. Eric is the CIO and partner of TFS Capital.
As rates rise (if they rise?) a lot of this type of thing will come back to haunt the investor class and the brokers who’ve been pitching it to people. It’s going to be ugly. You can protect yourself by understanding how the sausage is made.
From the U.S. Federal Register website: In accordance with Executive Order 13777, “Enforcing the Regulatory Reform Agenda,” EPA is seeking input on regulations that may be appropriate for repeal, replacement, or modification. Comments must be received on or before May 15, 2017.
The Climate Portal has a variety of resources and links for business and climate change. Business, spurred by investors, is waking up to the material risks of climate change. The transition to the huge opportunity of the distributed energy economy is underway. This will mitigate the worst impacts of climate change, if done with all deliberate speed. The future of our grandchildren depends on the success of the renewables transition. The good news is that the renewables train has left the station. The climate contrarians/deniers may try, but they cannot stop it. Have a look. ~ Jan
I was asked by my local investment club to do a presentation on "how to buy a stock?" As I pondered the question, I began by noting all the elements that I monitor regularly and which come in to play as part of my decision process. As the group is comprised novices to experts, I tried to gear my discussion to cover both basics and more advanced concepts.
Four Part Discussion
Macro Economic Indicators
Market Indexes
Fundamental Analysis
Technical Analysis
1. Macro Economic Indicators
We'll start with reviewing some basic concepts and measurements that have direct effects on the stock market.
A. Gross Domestic Product (GDP)
Data source: Dept. of Commerce/Bureau of Economic Research (https://www.bea.gov/index.htm)
Total market value of US produced goods and services – $18 Trillion.
GDP measures total US economic activity. Positive numbers indicate expansion; negative numbers indicate contraction, i.e., recession. In the past, there usually have been accelerated expansions coming out of recessions. That has not been the case since the Great Recession. 2% annual GDP growth, plus or minus, appears to be the new normal.
The GDP and change in GDP are "lagging" indicators meaning they tells us where we have been. Where the economy is headed falls to GDP forecasts which are regularly issued from various sources.
B. Consumer Price Index (CPI)
The CPI is used to measure inflation. The CPI measures changes in the prices paid by urban consumers for representative basket of goods and services. Latest report on the last 12 months gave a CPI reading of +2.5%. The Federal Reserve uses a different inflation measure, Personal Consumption Expenditures (PCE). CPI is based on a survey of what households are buying; PCE is based on surveys of what businesses are selling. Both measures break out "headline" and "core" numbers. Core numbers strip out housing and energy which tend to be more volatile month to month.
Source: Bureau of Labor Statistics- US Dept. of Labor https://www.bls.gov/
A few days ago I noted that Republican views of the economy changed dramatically when Donald Trump was elected, but Democratic views stayed pretty stable. Apparently Republicans view the economy through a partisan lens but Democrats don't.
Democrats are about as supportive of the strikes as they were under Obama, with 38 percent backing them in 2013 and 37 percent agreeing with them now, according to the Washington Post. Now 86 percent of Republican voters back the strikes, compared with the just 22 percent who did so in 2013.
This is a pretty stunning difference. Democratic views stayed solidly negative regardless of who was president. But Republican approval rates skyrocketed from 22 percent to 86 percent when Trump became president. This despite the fact that Bashar al-Assad's use of chemical weapons was more extensive in 2013 than it was this year… more >
I mean WTF – because you have a GOP president, strikes are now OK. Liberals a bit more consistent there.
***
SJL, "WTF" is a common (but not highly regarded) form of philosophical reasoning. Instead of looking at the outcome of an action, or examining whether the act itself is right or wrong, this less logical approach considers whether the actor is a republican or a democrat to determine whether the act is right or wrong. ~ Ilene
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
PSW Members….it has been a while since my last post, but since many have all been on the board following the chat, it is time for a scientific lesson in a few of the companies we are long. In addition, another revolution is coming in the medical field, and it will be touched upon as well.
CAR-T – stands for Chimeric antigen receptors (CARs) and the T is for T-cell.
From the picture above, T-cells are one cell type of our immune system that fight off infection as well as they are one player at keeping rogue cells from becoming cancerous. Unfortunately, cancer somehow evades the immune system and so it begins.
CAR-T came along in the late1980s via a brilliant scientist, Zelig Eshhar, an Israeli immunologist at the Weizmann Institue of Science. The basic steps are noted below in picture. The insertion of different 'components' and the way the replication of the protein happens (Step 2; Step 2 subitem 4) yields the clinical variations that are competing in this area by the companies.
KITE, JUNO and Novartis all have CD19 directed CAR-T technologies. CD19 was attractive as a CAR-based target therapy because most B-cell leukemias and lymphomas express it, but normal tissue other than the B cell lineage do not. The companies therefore have focused on CD19 first, and there are subtle difference in the way the T-cells are made.
Any modification of the immune system comes with risk, and CAR-T was no exception. Even thought the CAR-T was hailed as a wonder treatment due to is successes in blood born cancer, it also caused some complications. Last year, JUNO hit the wall with their lead, as it caused severe cerebral edema – cytokine storm?? This caused all the CAR-Ts to be evaluated, but in the end, only JUNO's lead was halted. Companies are continually making progress on the CAR-T front, and BLCM seems to be on the cusp of one way to get around a side effect.
BLCM also has a CD19 directed CAR-T program, with a twist that…
"It has been a dream of being able to grow to fullest development as man and woman, unhampered by the barriers which had slowly been erected in the older civilizations, unrepressed by social orders which had developed for the benefit of classes rather than for the simple human being of any and every class." No more elegant words were ever written to ensure our ethos would never be endangered. And yet it is at risk of extinction today. It is high time we stand up for what is rightly ours and take back the American Dream for one and for all."
Ever excellent and mental viagra. Musing… Life, liberty and the pursuit of happiness. Homes are sticks and bricks where people live their lives and raise families. All have the right to earn that dream which should not be denied by greedy serial flippers or serial landlords.
Once again, not to be mistaken for Tuesdays With Morrie, it's time for Tuesdays With Trump. Over at Philstockworld… High Finance for Real People – Fun and Profits…
Muck – "As long as we allow corporations to buy congress critters we will get more of the same."
We Natter… Sixty-nine of the world’s 100 top economic entities are now corporations instead of countries. Juristic person hood could be the biggest sham ever perpetrated on an unsuspecting and naive public. SCOTUS holding that spending money is in any way related to the core of freedom of expression, is of dubious moral character, but it gets far worse my fiends, er friends…
StJL – Ackman's Pain – "So out of a $4.6 billion investment, Pershing Square got back about $874 million."
We Nattered… Proving that even so called accredited "experts" can get drunk on their own punch bowl. We covered Ackman's bankrupt investment philosophy and felonious folly in Platform Value: The Fall? Along those lines, re my latest, A Quick
Discussion, critique and analysis of the potential impacts on equity, bond, commodity, capital and asset markets regarding the following:
Last time out, Sinbad The Sailor, QuickLogic.
GlobalFoundries, Jha, Smartron and cricket.
Quick money, fungible, demographics, QUIK focus.
Last Time Out
Monetary policy is just one form of policy that effects capital, investment, jobs, wages, spending, asset bubbles and your standard of living. When any policy decision is based in false doctrine, you get distortions which can affect every facet of life. - The President's Analyst?
Weak productivity is symptomatic of a much larger problem. As for the illusion of rising wages, meaningful wage increases have not occurred in decades. The proof in that pudding can be found in one chart where both personal income and spending growth are in a steady 36 YEAR downtrend. - Mary Tyler Moore?
Due to monetary policy effects, some might be attempting to make up the difference between their wages and the cost of living. In chasing that elusive bag and buried market treasure, our theme for tonight's missive turns to a legendary character in an apropos plot…
Once again, not to be mistaken for Tuesday's With Morrie, it's time for Tuesdays With Trump…
POTUS Trump’s budget blueprint comes as a surprise. Amid an 18 percent cut to the Department of Health and Human Services — including one-fifth of the National Institutes of Health’s budget — the administration has said it will prioritize funding for important anti-HIV activities. On the domestic front, the budget calls funding for Ryan White HIV/AIDS providers — a “high priority” it wants to continue. - VOX
Trump's Vice President Mike Pence is familiar with the programs. From Pence's 2000 website, The Pence Agenda for the 107th Congress: A Guide to Renewing the American Dream:
"Congress should support the reauthorization of the Ryan White Care Act only after completion of an audit to ensure that federal dollars were no longer being given to organizations that celebrate and encourage the
Taking a "resp-shit" or "potty break" from "in the Toilet Thursday" or "Thursday's in the Loo"… One of our favorite scenes from the 1998 cult classic The Big Lebowski, the ash can scene where Walter Subchak (John Goodman) eulogizes the departed Donnie (Steve Buscemi) with Jeffrey Lebowski (Jeff Bridges) looking on.
Continuing on from Old Yellow Stains?, we muse in retrospect… The troll known as DKS showed up with his own acolyte or Sancho Panza, another ass clown albeit whose asshattery was not as vile but equally inane. But here is the real kicker… I KNEW the DKS screen moniker rang a bell, went digging and found below in my SA PM Inbox…
Discussion, critique and analysis of the potential impacts on equity, bond, commodity, capital and asset markets regarding the following:
Last time out, Sinbad The Sailor, QuickLogic.
GlobalFoundries, Jha, Smartron and cricket.
Quick money, fungible, demographics, QUIK focus.
Last Time Out
Monetary policy is just one form of policy that effects capital, investment, jobs, wages, spending, asset bubbles and your standard of living. When any policy decision is based in false doctrine, you get distortions which can affect every facet of life. - The President's Analyst?
Weak productivity is symptomatic of a much larger problem. As for the illusion of rising wages, meaningful wage increases have not occurred in decades. The proof in that pudding can be found in one chart where both personal income and spending growth are in a steady 36 YEAR downtrend. - Mary Tyler Moore?
As I've noted in my comments, I am looking for monthly and quarterly income. In contrast to the future traders on our board, I'm not looking at the progress of success every minute. With the armchair, Trader you can sit back and look at your progress once a month, while you follow your job and do other things.
In my examples below I have chosen a variety of stocks from REITs to banks and commercial companies. Regretfully in today’s market it can be hard to select stocks, mainly because so many are trading at the higher end of the scale, especially as we are facing rate hikes and market uncertainty. Phil is warning on a daily basis that the Trump balloon will pop.
Taking this in to consideration, make sure you are happy with any stock you chose and don't blindly follow my footsteps!
It is the object of this exercise to have a steady monthly income. I combine the stock dividend together with further out option plays. The option plays mainly consist of a call/put strangles or straddles. I also sometimes sell a covered call against a stock I'm holding, however using only calls reduces the monthly income accordingly.
With my trades, I'm looking for a combined monthly return on investment of 1.5 to 2% per month. If I invested $100,000, I'd be looking for a return of around $2,000 per month.
Each example below is based on 100 shares of stocks plus 1 option strangle or straddle (1 call and 1 put).
****
Ashford Hospitality Trust, Inc.'s (AHT) was $6.23 at the close on 3-15. It's paying $0.12 cents quarterly or 7.7% per annum. That's a return of 0.64% per month.
Selling a Sept 5/7.5 put/call strangle @ $0.50 yields a return of 1.3% per month.
The combined monthly return (dividend plus premium) is 1.95%.
****
ARMOUR Residential REIT, Inc. (ARR) was $21.75 on 3-15. It's yielding a 10.42% annual return, or $0.19 or 0.87% per month.
Selling an Oct 20/22.5 p/c strangle @ $1.40 yields a return of 0.86% per month.
The idea of using modern tech to transform the multi-trillion dollar healthcare industry has been around for a long time.
In 1996, legendary Silicon Valley entrepreneur Jim Clark launched his third startup, Healtheon, which was focused on what he called the “Magic Diamond”. The diamond represented the $1.5 healthcare market in the U.S. and its shape came from the doctors, providers, payers, and consumers slotted into the four outer points.
In the middle of the diamond, Clark had placed his new company Healtheon, which...
Announcements and leaks about new Amazon products and programs have been dropping almost daily as CEO Jeff Bezos is presumably pulling out all the stops to ensure that he remains the world's richest man.
Yesterday, it was a report about Amazon's "top secret" project to build its next blockbuster consumer product: A robotic home assistant that...
There were modest losses today with most indices holding the status quo from Friday. The one exception was the Semiconductor Index as it lost over 1% in a confirmed break of support. However, it does have the 200-day MA for a likely test tomorrow. All technicals are negative and relative performance took another step lower but no change there.
The Nasdaq broke bearish wedge support but is resting on a minor support level. Today saw a new On-Balance-Volume 'sell' trigger but the 6,800/7,500 trading ra...
By csinvesting. Originally published at ValueWalk.
Bear with me as I share a bit of my history that helped me create SkyVu and the Battle Bears games. The University of Nebraska gave me my first job after college. I mostly pushed TV carts around, edited videos for professors or the occasional speaker event. One day, Warren Buffet came to campus to speak to the College of Business. I didn’t think much of this speech at the time but I saved it for some reason. 15 years later, as a founder of my own company, I watch and listen to this particular speech every year to remind myself of the fundamentals and values Mr. Buffett looks for. He’s addressing business students at his alma mater, so I think his style here is a bit more ‘close to home’ than in his other speeches. Hopefully many of you find great value in this video like I have. Sorry for the VHS...
The definition of a bull market or bull trends widely vary. One of the more common criteria for bull markets is determined by the asset being above or below its 200 day moving average.
In my humble opinion, each index above remains in a bull trend, as triple support (200-day moving averages, 2-year rising support lines, and February lows) are still in play ...
"You’ve probably heard by now that Cambridge Analytica, which is backed by the borderline-psychotic Mercer family and was formerly chaired by Steve Bannon, had a decisive role in manipulating voters on a one-by-one basis – using their own personal data to push them toward voting ...
The original tobacco strategy involved several lines of attack. One of these was to fund research that supported the industry and then publish only the results that fit the required narrative. “For instance, in 1954 the TIRC distributed a pamphlet entitled ‘A Scientific Perspective on the Cigarette Controversy’ to nearly 200,000 doctors, journalists, and policy-makers, in which they emphasized favorable research and questioned results supporting the contrary view,” say Weatherall and co, who call this approach biased production.
A second approach promoted independent research that happened to support ...
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
...
Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.
To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...
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...
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.
Several people on twitter and some in person have asked me for an update on my very bullish position on Verizon – especially since the results were not as good as expected last quarter.
Four Part Discussion
Courtesy of Yodi
German
Spanish
French
Italian
Portuguese
Japanese
Korean
Russian
Chinese
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...
Ilene is editor and affiliate program
coordinator for PSW. She manages the site
