Phil Thank you very much, I appreciate your help and wisdom.
CdsdpDean
I have an under 50k account that im trading I dont do all the trades but pick and chose to keep diversified.
With what Ive learned from being a member I average $400 to $800 per week trading futures
BertII
I have to thank you for excelling yourself during this past week. I have spent a good few hours going over your notes and comments and there are so many gems on repairing and rolling trades that I have been beavering away on paying special attention to my major positions and analysing them using your approach on Tuesday. Being able to look at a group of trades on the same underlying (in this case AAPL) and taking a detached view by assessing the impact of the underlying reaching different price points was extremely reassuring.
Winston
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.
JeffDoc
Phil - I'm with you just little bit longer than a month and you can not imagine how happy I am now, and not just because my P/L improved ( and I'm sure that it will be even better), but I found that the worst thing in trader's carrier is a LONELINESS. Here I found so many bright good guys, I looked for this service for years.
THANK YOU AND TAKE GOOD CARE OF YOURSELF BECAUSE I PLAN TO STAY HERE AND RIDE THIS CREASY MARKET WITH YOU FOR ANOTHER 20-30 YEARS
Tchayipov
My watch list looks like a grid where Phil's recommendations went UP and everything else went DOWN! It looked something like an ad for Philstockworld. I am half in cash, followed the recommendations (AAPL TASR YHOO) on a 20K portfolio and still up 1% for the day. Thanks!
Sn0gr00ve
I have been reading the "free" PSW for about a year and have always liked Phil's style as it closely resembled the way I like to trade (mostly naked put options). I have been a paid subscriber for about 5 weeks and I have been learning a lot from Phil and other members. I had made some money on Phil's "free" ideas in the past and I joined because one of Phil's futures ideas paid for my subscription within the same day (NG). Phil deserved my subscription and I was eager to learn more. I just did a quick tally and within the last 5 weeks the ideas that I chose to follow from Phil generated over 25K in options profits and 12K in futures profits (some of my trades were more conservative than what Phil's had suggested). I have a lot to learn, experience and confidence to gain. Thanks again Phil and Successful Trading to all.
Verreaul
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
I've recently done exactly what Phil described. I upgraded my ability to trade the IRA acct. by transferring acct. from TDA to TOS. TDA would not allow spreads; TOS does. Neither will allow naked options. With spreads I am able to buy calls or puts several months out then sell front month calls or puts over and over. This allows me to collect premium, which is, of course, the goal. This wasn't an original idea. Phil put me onto it. Since the transfer I've substantially increased my performance in the IRA!
Iflantheman
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
Hey Phil, Your HOV suggestion about 3 months ago basically paid for my Philstockworld subscription for years to come. My average cost is about $1.
Ether
Great call on expe Phil! Went long 50 shares and sold for a nice profit! And Great call on the nkd shorts as well. I didn't use a stop that tight and was able to cover for a $400 gain. Works been keeping me pretty busy and I'm jealous of all the members who are able to check in here more often! It's almost always quite profitable! Looking forward to Vegas!
Jromeha
Phil, thanks for the call on the SKF puts earlier, I'm riding that horsie downhill right now, giddyup!
MrMocha
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: Once again thanks for those inciteful comments, and the old links to Sage's portfolio management (I hadn't read before). I'm an experienced stock trader, but over the last 3 or 4 months have come to appreciate options trading here at PSW, and the consistency of your many premium-selling strategies. It is liberating to have to worry less about getting direction right and being able to generate 5% MONTHLY returns with close to delta-neutral positioning. Much appreciated!
Neverworkagain
Phil// Cashing out of my LT holdings have been going on for over two weeks. However, I have elected not to cash all of the holdings including my AAPL, Jan 16 Short Puts at $470 and $480. Plus, I am being opportunistic in selectively putting on those positions for beat down stocks by selling 2016 Puts. That said, YTD harvested profits now stand at $135k on a current account balance of $683K or a 19.81% YTD return. Thanks for your expertise in teaching me how to be patient, be the banker, but also not being greedy, cashing out and harvesting profits.
IHS4GOD
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
Phil, I was so impressed with the personal note in the comments that I went ahead and paid for a months trial of premium that I have been on the fence for awhile about. Just reading the comments makes me already glad for the purchase.
Smasher
Phil I have been telling you for a while how I feel like I am really understanding you now and thanking you. Well today may have been my most successful futures trading day since I began here and the week has been spectacular! It has just seemed so easy when you give us a range and I execute properly. Thanks once again for teaching me to fish. My portfolio gained over 10% this week which is just amazing.
Craiga620
Thanks Phil for all you do. I feel like I don't read all the newsprint because when I check in with you I know I get the "real" scoop. Your service is number Uno in my book for all the knowledge and teaching. I ignored the aapl spin and am now enjoying some rewards. Every AM I get my Phil fix and throughout the day any important links. Mucho gracias. It leaves me time for my volunteer work besides the investing.
Pirateinvestor
I have been around for many years now, was a modest inexperienced investor when I started, and I can honestly say I would not be at the point in my portfolio I am today without the guidance of Phil and JeanLuc and Yodi and all the others I've had the pleased of learning from and, on a few occasions meeting, over the years. Truly been a great experience.
RPeri
Phil, You were on the $ today with your calls almost exactly on the turns – Krap kuhn krup (Thai for thank you very much).
Jomptien
Well I want to thank P. Davis for his style and for the fact that he affirmed my thoughts for a correction. He was right and his confirmation of my bias saved me thousands. Mr. Davis is amoral when it comes to money. He realizes the poor are screwed but we must fight to win. A measure of sarcasm and dark humour and it is great reading. 100% right on the correction.
Chaffey
Maya, After years of being pretty good at picking stocks I still managed to lose almost as much as I made.All the reading Phil asked us to do as a new member (And everything else I can get my hands on lately) has revealed my Achilles Heal.Good stock picks do not necessarily make money. My problem was swinging for the fences. Since becoming a member Jan 1 this year and getting into to scaling into small trades I am amazed at the steady profit growth I have experienced already while not worrying about getting killed. And having fun doing it.. Phil, Thanks for the education, the help you give and the chance to learn more and get better. Also thanks to all the members who have answered the few questions I had when your not around.
Ricpar
Phil, I don't know if I told you lately but you da man! I'm doing so much better following your guidelines. It's like you actually know what you are talking about. 8-) I've tried a lot of services and none of them are as comprehensive or honest AND successful. I appreciate all youz other guys/gals input as well…learning tons as a relative newbie to this game.
Aclend
Phil, 26% on the week for the 20% I day-trade, and since drinking the kool-aid last fall, the whole portfolio has doubled. Have a great weekend !!
JRW III
Phil.... I remember back in March of '09, you stated " Unless you think the country is going to hell in a hand-basket, NOW is the time to do your buying". Do you remember ?
I took your advice, and bought leap $2.00 calls on F, approximately 200,000 shares using the options, for just pennies. Now that was the best Ford I ever owned.... made over $1 mil - thanks go to you Phil. I now drive a Mercedes but still "love" the Ford.
1234Gel
By the way thank you Phil for the DNDN idea. 3x till this morning and will 4x my small investment by next OE THANKS !!!!
Microflux
I have been with this site since the beginning and i have learned more the past 3 years than the previous 10. Information and great commentary are abound. The traders on the site are second to none and my portfolio has benefited greatly.
Kustomz
Phil, I don't know how I can thank you enough for your guidance this past week. I'm up significantly in my portfolio and I've never been so relaxed watching the market panic. Thanks once again for being here for us.
00:05:50 – Checking on the Market
00:07:20 – Natural Gas
00:10:00 – Trading Techniques
00:11:58 – DAX
00:16:28 – Portfolio Review
00:17:41 – LTP
00:23:07 – Earnings | Most Anticipated Earnings Releases as of January 18,2021
00:29:25 – UNG
00:32:43 – Natural Gas | LNG
00:41:40 – Current News & Politics
01:07:09 – T
01:14:56 – GM
01:26:50 – MG and more trading techniques
01:30:11 – AT&T | Verizon
Phil's Weekly Trading Webinars provide a great opportunity to learn what we do at PSW. For LIVE access to PSW's Weekly Webinars – demonstrating trading strategies in real time – join us at PSW!
You can also subscribe to our YouTube channel and view past webinars here.
That's still the true value-line we have for the S&P 500 based on old-fashioned notions like actual earnings and actual prospects without the assumption of Trillions of Dollars being pumped into the economy. It's "only" a 20% drop from where we are now and we were down there as recently as October and below 2,850 in June. 2,850 was our old Must Hold Line but we capitulated by 10% on the assumption that Corporate Tax Cuts would not be going away completely – it's the MASSIVE stimulus that's been an upside surprise since then.
The Chart above is still using our 2,850 base and the 5% Rule is still working from 2,850 so it's still in play and that means 3,990 is the 40% line. We had good consolidation at 30% (3,705) during December so we can assume the lines in between that 285-point run will be 20% (57 points) each and that's going to be 3,762, 3,819, 3,876 (which we're testing now) and 3,933. Those are the lines to watch to see how the S&P behaves during earnings season.
Generally, companies have been beating low expectations and, so far, investors seem to be in a forgiving mood as, for example, United Airlines (UAL) lost $2.1Bn in Q4, which is 15% of their $13.2Bn market cap and $7 lost per $45 share in the past 3 months. Yet the stock is only down 2% pre-market. Why? FREE MONEY!!! There will be more free money and no one thinks Joe Biden will let the airlines go bankrupt – even though he is a train guy.
Delta (DAL) also lost $2.1Bn for the quarter but they expect to turn it around in Q1 and show a profit. A month into Q1 – I think they are on drugs. There's no changing travel trend to indicate a turn-around that rapid – unless they are counting on $2.1Bn in stimulus to get them over the top.
At $41.62/share, Delta's market cap is $26.5Bn and Delta's net income in previous years has been $3-4Bn but this year they have taken a $14Bn loss, wiping out the last 3 years of gains. Of course, that's not your problem if you are coming in as a new investor – you…
The most significant investing trends over the last 10 years can be summarized as follows…
1. Large Caps over Small Caps.
2. US over International.
3. Growth over Value.
4. Tech over Everything.
5. Long Duration over Short Duration (Yields Falling, Curve Flattening).
6. Stocks over Commodities.
7. When Covid-19 first hit the US last February and March, all of these pre-existing trends accelerated.
And that made perfect sense.
The narrative: a global Depression coming, and during a Depression a) large companies were more likely to survive than smaller companies, b) the US should do better than much of the world given the enormous monetary/fiscal stimulus, c) growth companies would be bid up in a world starved for it, d) technology would thrive as people were forced to stay at home, e) bond yields would plummet as deflationary pressures took hold, and f) commodities would crash from the lack of demand.
These narratives seemed inevitable, and prices were confirming.
But then, with no advance warning, a strange thing started happening. One by one, these trends began to reverse course…
Take the time to read because it is excellent and you will have an idea of the subtle changes we are keeping an eye on, but the gist of the research on these big trend changes is as follows:
When secular trends reverse, no bell is rung, and no one can believe that a shift has actually occurred.
But as narratives follow prices, the longer they are sustained, the more the story changes and the more people believe it.
That has already begun, with the current narrative of a Depression averted, with a) small companies benefitting more from stimulus measures than their larger counterparts, b) global stocks benefitting from a falling dollar
After taking an evolutionary step backwards for four years, it's time to get America back on track and moving forward again in the 21st Century and, hopefully, we still have time to make this decade the Roaring 20s and not the prelude to the second Great Depression. As Warren Buffett says about investing in companies:.
“I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”
Well, America has not passed the idiot test but it's still too soon to get a grade as we have to see if Engineer Joe can get this train back on the tracks or if, at this point, he'll merely be able to bring us in for a soft landing. At 78 years old, even Joe Biden doesn't think he should be President for more than 4 years and is calling himself a "Transition President". Reagan was 78 when he left office, Trump is 74 but, as Reagan said of Walter Mondale:
“I want you to know that I will not make age an issue of this campaign,” Reagan said. “I am not going to exploit for political purposes my opponent’s youth and inexperience.”
Experience is certainly what Joe Biden is bringing to the table – he's been a Senator since 1973, then VP for 8 years in 2009 and then 4 years of relaxation as a Professor at the University of Pennsylvania while remaining at the forefront of the "Cancer Moonshot" program he started and is likely to bring to the White House officially as one of his first acts. If you want to know what Joe Biden is really about, watch his eulogy for John McCain.
Politics doesn't have to be ugly and our nation doesn't have to be bitterly divided. We, the people, are being offered a chance to go forward with the grace and…
Small businesses got absolutely decimated by the economic shutdown. It’s no surprise, therefore, that small stocks also led the decline. The S&P 500 had a peak-to-trough decline of 34%, whereas the Russell 2000 fell 41% and the even smaller Russell Micro Cap index fell 43%.
Over the last few weeks and months, however, all that was lost was made up and then some. It’s hard to believe, but over the last year, microcap stocks have done twice as well as large-cap stocks. Given that small businesses are still in a world of pain, generally speaking, the market must be discounting a combination of continued fiscal stimulus and a reopening of the economy.
I wanted to look under the hood to see what’s driving the returns in small stocks. The answer, mostly everything. 83% of stocks in the Russell 2000 have positive returns over the last 6 months.
Here’s a wild data point: The top 10 stocks by market cap in the Russell 2000 are up 160% on average over the last 6 months. Over the last 6 months, the index is up 26%.
How is it possible that the 10 biggest stocks have done six times as well as the index? Because unlike the S&P 500, the Russell 2000 does not have any concentration issues.
Please allow me to explain what you’re about to see. I tried creating a pie chart of the Russell 2000 to compare it with the S&P 500, but since the slices are so thin, it just didn’t work. You could only see a quarter of the chart and the rest was just white space. In order to correct for this, I sorted by alphabetical order. Feast your eyes.
The takeaway for me is that the Russell 2000 is way more diversified than the S&P 500.
1% of the S&P 500 make up nearly a quarter of the index. The Russell 2000 also exhibits a top-heavy construction, but not nearly to the extent that large-cap stocks do. 5% of the index holds a quarter of the market cap.
Josh and I got into this and much more in the latest episode of What Are Your Thoughts?
This new year is flying by and maybe that's because 2020 seemed to take forever. Even though we are still locked down, there is, hopefully, light at the end of the tunnel but before we start to take off the masks and party like it's 2019 (remember the good old days), let's keep in mind that there's still a lot of work ahead of us and, according to the CEO of vaccine-maker, Moderna, this Covid virus is in it for the long haul.
On Friday, the World Health Organization urged more effort to detect new variants. The U.S. Centers for Disease Control and Prevention said a new version first identified in the United Kingdom may become dominant in the U.S. by March. Although it doesn’t cause more severe illness, it will lead to more hospitalizations and deaths just because it spreads much more easily, said the CDC, warning of “a new phase of exponential growth.”
Of course, that's good news for Biotech.
A couple of weeks ago, Moderna's CEO, Bancel said that the "nightmare scenario" where mRNA-1273 provided protection for only a few months was now "out of the window." He added that the slow decay of antibodies generated through the vaccine indicates that the duration of protection of mRNA-1273 could be up to two years. That news was certainly encouraging for people across the world and for investors. Two years of immunity would mean that Moderna could at least see substantial revenue from its vaccine every other year. But in an interview with CNBC last week, Bancel gave investors even more reason to be excited. He stated, "I think this will become a market like flu." The flu, of course, is seasonal, with vaccines administered on a yearly basis.
While it's a little goulish betting on the downfall of humanity – it's also realistic as, while we've been distracted, more than 60% of all US Covid-19 cases have been reported SINCE Election Day – just two months! 40% of the deaths have occurred in the last 60 days as well. The US now has over 24M cases, 14.5M of which came in the last…
Twitter priced its initial public offering Wednesday night at $26 a share. The stock debuted at 10:49 a.m. ET on Thursday on the New York Stock Exchange, and the first trade came in at $45.10 a share.
Shares quickly jumped to a high of $50.09 — a gain of 93% over the IPO price — before dropping back a bit to close the trading day at $44.90.
A price near $45 a share values Twitter (TWTR) at $24.4 billion.
Twitter closed at $45 per share on its first day as a public company. On Friday, it closed at the same price.
$10,000 invested that day yielded a total return seven years later of about six hundred bucks, give or take. You actually lost money – the cost of living since 2013 is up a cumulative fifteen percent or so:
It would be incorrect to say that no value has been created whatsoever. It’s just that no value has been created for shareholders. All of the value created by Twitter has accrued to someone other than Twitter – I’ll get to that shortly.
Employees and management have done okay, relatively speaking. Because while Twitter’s share price hasn’t gained by even a dollar since its IPO, plenty of new shares have been issued to executives, board members and workers.
Below is a look at the growth in Twitter’s fully diluted shares outstanding (quarterly) and the growth in market capitalization that has come along with that:
Shares outstanding have grown from 640 million to 806 million, or twenty five percent. The company is now worth $35 billion versus its first day valuation of about $24 billion – but not one long-term shareholder from that first day has benefited. There’s no dividend and there’s no capital gain. They’ve been paid nothing for their time, patience and endurance of volatility. And in real dollar terms, they’ve actually lost purchasing power.
It's Martin Luther King day so the markets are closed.
It's a good day to read his "I Have a Dream" speech – really is amazing when you think of the great social change in this nation that was set in motion by one man with a vision. Here's a great video of the actual event.
It is a testament to the power and effectiveness of Dr. King's movement that, even to those of us who were alive at the time, it seems like it must have been another world where a man had to speak out against such injustice as if it wasn't obvious to the majority of people that segragation, whether by law or by practice, was an outrage.
Sadly, many of the lessons he taught us have already been forgotten, some great quotes:
Nonviolence is a powerful and just weapon. which cuts without wounding and ennobles the man who wields it. It is a sword that heals.
Nonviolence means avoiding not only external physical violence but also internal violence of spirit. You not only refuse to shoot a man, but you refuse to hate him.
It is not enough to say we must not wage war. It is necessary to love peace and sacrifice for it.
The hope of a secure and livable world lies with disciplined nonconformists who are dedicated to justice, peace and brotherhood.
Human progress is neither automatic nor inevitable… Every step toward the goal of justice requires sacrifice, suffering, and struggle; the tireless exertions and passionate concern of dedicated individuals.
Never forget that everything Hitler did in Germany was legal.
We will remember not the words of our enemies, but the silence of our friends.
The past is prophetic in that it asserts loudly that wars are poor chisels for carving out peaceful tomorrows.
A nation or civilization that continues to produce soft-minded men purchases its own spiritual death on the installment plan.
The federal response to the pandemic has been massive — a $5 trillion effort. It has also been a con. Under the cloud cover of Covid-19, the shareholder class has used its outsized influence over government to toss a few loaves of bread at those suffering, all the while accruing trillions of dollars in wealth financed on the backs of younger, and future, generations.
How did we get here? In a healthy capitalist economy, wealth is always at risk. Competition spurs innovation, which disrupts the established order, creating winners — and also losers. Joseph Schumpeter called this the “gale of creative destruction.” Over the long term, the spoils (ideally) fund both a more empathetic society and the infrastructure for more innovation and prosperity — but this only happens if the gale is permitted to blow.
Naturally, the winners tend to lose enthusiasm for this process when their own wealth is creatively destroyed. So they fight back. And one of their preferred weapons of entrenchment is government policy.
Government by the Rich, for the Rich
The influence of money in politics is well known. Just 400 wealthy families provide about half the funding for presidential campaigns, and they speedball their influence through think tanks, legal advocacy groups, and friendly media. Rupert Murdoch, the Mercer family, Michael Bloomberg, Mark Zuckerberg, and Jeff Bezos all shape our views and influence national policy.
Volkswagen’s chairman, Herbert Deiss, has been struggling to bring the company’s stock price back to its previous heights since he took over the reins of the German car maker six years ago. The business has been embroiled in infighting, scandals and board tussles.
Diess was appointed in 2015 at the peak of the diesel emissions scandal, when VW was caught using software settings to under-report emissions. He was surprisingly mellow in a recent LinkedIn post in which he acknowledged that there has been significant resistance within the company that he has yet to resolve. He went on to detail his plans to turn around the fortunes of an increasingly disrupted VW.
There is one thing Deiss is clear on: VW, which continues to be the world’s biggest automaker in terms of cars sold, must catch up with Tesla, an electric-vehicle company, in order to survive.
VW’s share price has been tanking, its will take some effort to zoom past Tesla.TradingView
Catching up to Tesla might be a little tricky. Reminiscent of how Apple bolted past Nokia in market value in 2008, Tesla recently became the world’s most valuable automaker while selling only a fraction of the cars Volkswagen does. Nonetheless, VW’s “catch-up” project has been code-named “Mission T” and has a goal to match Tesla’s technological capabilities by 2024.
Deiss appears to believe that building better, more electric “products” will help him save VW. History, however, has repeatedly shown that building a better product rarely resolves disruption. The graveyard of technically superior products is extensive and includes the likes of BluRay, Windows Mobile and the Sega Dreamcast.
An alien ecosystem
Tesla’s competitive advantage does not come from just its technology and agility, as Deiss indicates in his LinkedIn post. Far from it. The company has…
By Jacob Wolinsky. Originally published at ValueWalk.
(Chicago IL, January 21, 2021) Today, lawyers representing victims of Pegasus Flight 2193, announced that a lawsuit was filed against The Boeing Company and the aircraft owner. The lawsuit asserts claims of Negligence, Product Liability, and Breach of Warranty regarding a Boeing aircraft that crashed in Istanbul, Turkey.
On February 5, 2020, a commercial flight operated by Pegasus Airlines was scheduled to depart from Izmir Adnan Menderes Airport and arrive in Istanbul-Sabiha Gökçen ...
While essentially placing sole blame on Trump and his top officials, foreign ministry spokeswoman Hua Chunying said in the latest press briefing remarks that "kind angels can triumph over evil forces" in America.
"In the past years, the Trump administration, especially (former Secretary of State Mike) Pompeo, has laid too many mines that need to be removed, burned too many...
Since the 2000 tech bubble and crash, tech stocks have regained their leadership form. Especially large-cap tech stocks.
Headlines have varied in focus from the “4 horseman” to “FANG” and “FANGE”, but one thing remains: Large-cap tech stocks have been the bull market leader.
So what about when large-cap tech lags the market? Not so good.
In today’s chart, we look at a “monthly” chart of the performance ratio of the Nasdaq 100 Index to the Nasdaq Composite. It’s basically a look at how large-cap tech stocks perform against the broader tech stocks world.
This regularly updated infographic keeps track of the countries with the most confirmed Covid-19 cases. The United States is still at the top of the list, with a total now exceeding the 22 million mark, according to Johns Hopkins University figures. The total global figure is now over 85 million, while there have been more than 1.9 million deaths.
Bitcoin achieved a remarkable rise in 2020 in spite of many things that would normally make investors wary, including US-China tensions, Brexit and, of course, an international pandemic. From a year-low on the daily charts of US$4,748 (£3,490) in the middle of March as pandemic fears took hold, bitcoin rose to ju...
Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels. This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.
This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...
The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign.
Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...
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...
3,150.
My partner Charlie (
We're going to go back to the future!
Courtesy of 
January 19th already, too.
While it's a little goulish betting on the downfall of humanity – it's also realistic as, while we've been distracted, more than 
It's Martin Luther King day so the markets are closed.
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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
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