Archive for the ‘BNN Money Talk’ Category

The PhilStockWorld.com Money Talk Portfolio Review – Jan 30, 2019

I'll be on BNN's Money Talk tonight at 7pm

For the past year, we've been keeping a Money Talk Portfolio, which we only adjust live on their show, once per quarter so we have to keep it well-balanced and self-hedging.  We rode out the recent downturn with style as our last review, on Oct 24th (the last time I was on the show) we were at $95,645, up $45,645 (91.3%) from our $50,000 start and we projected that our remaining positions would gain $70,015 by Jan, 2021 (the time-frame for our spreads). 

Not content with that, we added two new trades (MU and MJ) and one hedge (TZA and CAT), adding another $50,000 of upside potential over the same time-frame.  So, with $120,000 of upside potential over the next 24 months, we expect to make about $5,000 per month but the market took a nasty downturn and we're only just recovering so I'm sorry to report that we're only up to $105,845, which is up $55,845 (111.7%) and "only" up $10,200 (20.4%) in the past 3 months.  

We were unable to make adjustments during the downturn, which we did call very well in our Live Member Portfolios (see our Jan 21st Portfolio Review), so the performance is not quite as good as our Live Trading Portfolios but it's the perfect portfolio for less active traders, who just like to check on their progress every few months.  As of yesterday's close, our positions were:

As you can see, the MJ trade we added during the October show has blasted higher and is up $6,550 already but it's a $40,000 spread we had intended to make $38,500 on so up $6,550 in a quarter is what we call "on track" and, even as a new trade, the net is still just $8,050 so the upside is $31,950 (396%) if MJ is over $45 in 2021.  

And that, by the way, is how we review our portfolios.  You should always know how much you expect to gain from every one of your trades and options allow us to know not just how much but WHEN we expect to realize our gains – so it's…
continue reading





The PhilStockWorld.com Money Talk Portfolio – October 24, 2018

Speaking of trading, I am scheduled to be on BNN's Money Talk tonight at 7:30 which means it's time to adjust our Money Talk Portfolio.  We did a review last Thursday and the Portfolio was at $97,037 with the S&P at 2,802 and, as of yesterday's close, we had dropped $1,394 to $95,645 but that's still up $45,645 (91.3%) for the year so not terrible but it lets us know we need to do a bit more to lock in the gains (ie. more hedges).  

  • ALK – A short put we are confident in, should gain another $3,275 at maturity.  
  • SQQQ – A good hedge that's $6,760 in the money but only showing net $3,450 out of a $10,000 potential.  Hopefully we lose the $3,450 because the market does well as it's simply insurance and not a bet.  
  • ABX – A long-term bet on gold that pays up to $12,500 and is currently on track at net $2,225 so good for a new trade with another $10,275 (460%) left to gain at $15.  



continue reading


Tags: , , , , , , , , , ,




The PhilStockWorld.com Money Talk Portfolio – September 24, 2018

One year anniversary for the Money Talk Portfolio and we can't make any adjustments (as I only do them on the show) so here it is.  We haven't looked at it since I did the show back in July (17th) and we were at $84,300 and, since then, we've moved to $89,287 so up 78.6% for the year.  Keep in mind we went to much more CASH!!! last time as I didn't want to stay open for the summer and we have dogs like WPM, ABX, LB and GE left in the portfolio but, BECAUSE we keep plugging away and we keep selling premium – we just keep making profits!  

I would certainly encourage you to go back and read the last review and contemplate how conservatively we play this ultra low-touch (once a quarter, never in between) portfolio.  All year long we simply take off the maturing winners and add a new play each Q and, despite several very disappointing stocks – we make money anyway because we keep selling premium and we take non-greedy exits.

In fact, that $24,475 profit on short WPM calls was the short leg of a long spread but we CASHED out the long leg because $22 was the top of our expected range.  So we got more than the full expected profit on the long end and now we owe nothing to the short caller.  The new bull call spread was only set up to cover the short 50 calls, we didn't expect WPM to go that high.

All in all, I'm very happy with this portfolio – despite the restrictions. 





The PhilStockWorld.com MoneyTalk Portfolio – August 20, 2018

BNN Money Talk portfolio - update 8/20/2018

We already have plenty of downside bets on our portfolios and, since Options expired on Friday, let's have a look at our hedge in the context of our public Money Talk Portfolio, which we feature on BNN's Money Talk about once a quarter.  We only make changes on the show, so it's a very low-touch portfolio and we're coming up on the one year anniversary on 9/6, as we only begin doing this one year ago but, already, the portfolio is up 86.8% from $50,000 to $93,370 as of Friday's close. 

Remember – every single trade AND adjustment was announced live, on TV, before they were made in the portfolio.  We're simply showing people how to use our Be the House – NOT the Gambler techiques and hedging strategies in real-time market situations:

We cashed out a lot of winners in July as I was too nervous about the summer markets to leave what were, as the time, $34,300 worth of gains on the table and we can't make any adjustments until the next time I'm on the show in September – so better safe than sorry…  We had $34,490 in cash at the time and, as you can see, we raised our cash holdings to $85,740 (91.8% of the portfolio's value) but we still managed to gain another $9,070 from our remaining positions in the past 30 days.  You do not need to keep a lot of cash in the market to make great gains if you know how to properly apply leverage! 

continue reading





Phil on MoneyTalk

 

MoneyTalk: Why markets aren't rattled by Trump's troubles

President Donald Trump has stirred up controversy around the world after meeting with NATO allies and Russia's Vladimir Putin. Yet, U.S. markets are still not far off their record highs. Phil Davis, options strategist and founder of philstockworld.com weighs in on how he's playing the market with options.

[In the next clip], Phil Davis discusses his trade strategy and how options can be used in the current market conditions.





The PhilStockWorld.com MoneyTalk Portfolio – June 17, 2018 update

Money Talk Portfolio Review:   I am doing the show tomorrow so I have to put this together first.  Sadly, we dropped a lot since our June 14th review, when we were at $92,727 (85.5%) but now down to $84,300 (68.6%), mostly due to LB's pullback and our inability to roll SQQQ like we did in the STP/OOP.  Nonetheless, up 68.6% since Sept doesn't suck and now we can make some adjustments! 

I'm a bit concerned about the rest of the summer so we're going to be cautious – especially with these gains to lock in. 

  • ALK – I'm very confident in the next $51.80 entry so no change here.  Earnings are 7/26 so we'll watch those carefully but expectations are low (about $1.65) and they made $2.51 last Q2, so I'm only worried about guidance.  Anticipate making $3,725 more on this one.
  • IMAX – Lots of blockbusters ahead should be good for them but this spread is well in the money and can be cashed out for $8.80/4.10 for net $4.70 ($9,400) out of a possible $5 so it's not worth the risk as we can't make interim adjustments so we'll take the profit off the table.  
  • SQQQ – We still need a hedge and


continue reading





The PhilStockWorld.com BNN Money Talk Portfolio – September 6, 2017

The PhilStockWorld.com MoneyTalk Portfolio

We will be tracking our trade ideas in a the Money Talk Portfolio which we're starting with $50,000, giving us $100,000 in ordinary margin to play with.  We will update it monthly and post a link for our viewers to follow and we'll do live progress reports along the way.

Sept. 6, 2017 – (see original portfolio discussion here

Sept. 20th, 2017 Update:

November 9th, 2017 – Making great progress and discussed in today's Report:

To become a PhilStockWorld member and gain access to our other virtual portfolios sign up today

December 12th, 2017 – Chugging right along.  PSW Members went to CASH!!! into the holidays on our portfolios, this is the only open one left (see today's post for comments):

  • I'm certainly not worried about Apple (AAPL), which is a 3-time Stock of the Year champion.  Though the spread is already up $7,400 (113%) at $13,500 after just 3 months, the goal is to get back $30,000 so this humble trade is still good for another $16,500 (122%) of additional gains if AAPL is good enough to hold $165 for the year.  
  • IMAX should do very well this month with Star Wars out on Friday so the force should be strong for


continue reading





 
 
 

ValueWalk

JNJ CEO Alex Gorsky On Partnering With Apple [Full Transcript]

By Jacob Wolinsky. Originally published at ValueWalk.

CNBC Exclusive: CNBC Transcript: JNJ CEO Alex Gorsky Speaks to CNBC’s Jim Cramer Today

Image source: CNBC Video Screenshot

WHEN: Today, Friday, February 15, 2019

WHERE: CNBC’s “Mad Money w/ Jim Cramer

The following is the unofficial transcript of a CNBC EXCLUSIVE interview with JNJ CEO Alex Gorsky and CNBC’s Jim Cramer on CNBC’s “Mad Money w/ Jim Cramer” (M-F 6PM – 7PM) today Friday, February 15. The following is a link to video from th...



more from ValueWalk

Phil's Favorites

Britain's long history of trying - and failing - to gain independence from European trade partners

 

Britain's long history of trying – and failing – to gain independence from European trade partners

Shutterstock

Courtesy of Giada Pizzoni, University of Warwick

In 1585, English scientist Thomas Hariot dreamt of the opportunities Atlantic trade would offer to Britain as he strove for his country to break away from continental and Mediterranean trading routes to ensure a profitable future for him and his countrymen. Silks, wine, oil, o...



more from Ilene

Zero Hedge

China Accounts For More Than 60% Of All New Credit Created Globally In The Past Ten Years

Courtesy of ZeroHedge. View original post here.

Over five years ago, in November 2013, when the world's attention was still largely focused on what the "Big 4" central banks would do with QE and/or interest rates, we wrote an article showing in one simple chart  "How In Five Short Years, China Humiliated The World&#...



more from Tyler

Digital Currencies

Is blockchain all hype? A financier and supply chain expert discuss

 

Is blockchain all hype? A financier and supply chain expert discuss

Iaremenko Sergii/Shutterstock.com

Coutesy of Carlos Cordon, IMD Business School and Arturo Bris, IMD Business School

This is an article from Head to Head, a series in which academics from different disciplines chew over current debates. ...



more from Bitcoin

Chart School

Dow Jones Gann Angle Update

Courtesy of Read the Ticker.

Let's review the Dow Jones Industrial Gann Angles and its secret sauce dominate cycle.

Dow Jones hit upper resistance Gann angle early 2019, a sell of followed, now the bounce works its way through the down ward Gann Angle, a fail at either make or break point will see the bounce sell off, and that may get very interesting!


Click for popup. Clear your browser cache if image is not showing.



This cycle has worked for over 100 years, now we much watch the rest of 2019 to see if we get any more downward pressure. This cycle was found using readtheticker.com ...

more from Chart School

Kimble Charting Solutions

Gasoline bullish breakout could fuel higher prices, says Joe Friday

Courtesy of Chris Kimble.

Are we about to pay much higher prices at the gas pump? Possible!

This chart looks at Gasoline futures over the past 4-years. Gasoline has become much cheaper at the pump, as it fell nearly 50% from the May 2018 highs. The decline took it down to test 2016 & 2017 lows at (1). While testing these lows, Gasoline could be forming a bullish inverse head & shoulders pattern over the past few months.

Joe Friday Just The Facts- If Gasoline breaks out at (2), we could all see higher prices at the gas pump. If a breakout does...



more from Kimble C.S.

Insider Scoop

10 Stocks To Watch For February 15, 2019

Courtesy of Benzinga.

Some of the stocks that may grab investor focus today are:

  • Wall Street expects PepsiCo, Inc. (NASDAQ: PEP) to report quarterly earnings at $1.49 per share on revenue of $19.52 billion before the opening bell. PepsiCo shares rose 0.2 percent to $112.82 in after-hours trading.
  • NVIDIA Corporation (NASDAQ: NVDA) reported upbe...


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

Biotech

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

Reminder: We are available to chat with Members, comments are found below each post.

 

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

Illustration of acute lymphoblastic leukaemia, showing lymphoblasts in blood. Kateryna Kon/Shutterstock

Courtesy of Alba Rodriguez-Meira, University of Oxford and Adam Mead, University of Oxford

...

more from Biotech

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 (...



more from Our Members

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...



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 >>