Archive for the ‘Immediately available to public’ Category

The World’s Tech Giants, Ranked by Brand Value

 

The World’s Tech Giants, Ranked by Brand Value

Courtesy of Theras A.G. Wood, Visual Capitalist

 

The World’s Tech Giants, Ranked by Brand Value

The pandemic has businesses everywhere on the ropes, with many firms filing for bankruptcy since lockdowns began. Despite the uncertainty, tech giants and major digital retail brands are still thriving—and some are running circles around those that are less pandemic-proof.

Using data from Kantar and Bloomberg, a recent brand report released by BrandZ shows which tech companies are proving their worth to consumers during COVID-19 chaos. With data covering almost 4 million consumers, BrandZ also reveals that the tech sector leads the world’s 100 most valued brands in terms of financial power and consumer sentiment.

Here’s how the top 20 tech brands from the report stack up:

Out of the top five tech brands, Microsoft made the biggest moves with 30% brand value growth. Other big movers in the top 20 were Instagram (owned by Facebook), Adobe, and LinkedIn (owned by Microsoft), rising 47%, 29%, and 31%, respectively.

Broken down by nation, U.S. brands are dominating tech’s heavy hitters, claiming 14 of the world’s top 20 tech brands. Chinese brands round out much of the remaining top 20, including tech entertainment and social media giant Tencent, which rose 15% in brand value since 2019.

Big Tech’s Heavyweights

Tech’s top brands are raking in billions of dollars, capturing consumer mindshare, captivating people, and comforting them during volatile months. Apple, Microsoft, Google, Tencent, and Facebook—tech’s leading contingent—have made those moves look easy during what are rough times for many world brands. 

While most tech brands in the upper half of the top 20 saw significant increases in brand value, only Facebook and IBM were in decline from 2019, at -7% and -3% respectively. The biggest loss in tech’s top 20 came from China’s Baidu, which fell by -29% in 2020.

Waning consumer trust, thanks in part to the perceived misuse of personal data, is a gap that tech’s popularity alone won’t fill…
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The Origins Of The Dollar’s Value

Courtesy of ZeroHedge View original post here.

Authored by Frank Shostak via The Mises Institute,

Why does the dollar bill in one's pocket have value? The value of money is established, according to some experts, because the government in power says so. For some commentators the value of money is on account of social convention. What this implies is that money has value because it is accepted. 

And why is it accepted? …because it is accepted! Obviously this is not a good explanation of why money has value.

The Difference between Money and Other Goods

Let us try another approach. Demand for a good arises from its perceived benefit. For instance, people demand food because of the nourishment it offers them. Likewise, people demand money not for direct use in consumption, but in order to exchange it for other goods and services. Money is not useful in itself, but because it has an exchange value—it is exchangeable in terms of other goods and services. Money is demanded, because it offers the benefit of its purchasing power, i.e., its price.

Consequently, for something to be accepted as money it must have a preexisting purchasing power, a price. So how does a thing that the government proclaims will become the medium of exchange acquire such purchasing power, a price?

We know that the law of supply and demand explains the price of a good. It would appear that the same law should explain the price of money. However, there is a problem with this way of thinking, since the demand for money arises because money has purchasing power, i.e., because money has a price. Yet if the demand for money depends on its preexistenting price, i.e., its purchasing power, how can this price be explained by demand?

We are seemingly caught here in a circular trap, for the purchasing power of money is explained by the demand for money while the demand for money is explained by its purchasing power. This circularity seems to provide credence to the view that the acceptance of money is the result of government decree and social convention.

Mises Explains How the Value of Money Is Established

In his


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No Payment, No Problem: Bizarre New World Of Consumer Debt

Courtesy of ZeroHedge View original post here.

Authored by Wolf Richter via WolfStreet.com,

All kinds of weird records are being broken. But it’s scheduled to expire, and then what?

The New York Fed released a doozie of a household credit report. It summarized what individual lenders have been reporting about their own practices: If you can’t make the payments on your mortgage, auto loan, credit card debt, or student loan, just ask for a deferral or forbearance, and you won’t have to make the payments, and the loan won’t count as delinquent if it wasn’t delinquent before. And even if it was delinquent before, you can “cure” a delinquency by getting the loan deferred and modified. No payment, no problem.

Nearly all student loans go into forbearance, delinquencies plunge.

Student loan borrowers were automatically rolled into forbearance under the CARES Act, and even though many students had stopped making payments, delinquency rates plunged because the Department of Education had decided to report as “current” all those loans that are in forbearance, even if they were delinquent. Yup, according to New York Fed data, the delinquency rate of student loan borrowers, though many had stopped making payments, plunged from 10.75% in Q1, to 6.97% in Q2, the lowest since 2007:

Student loan forbearance is available until September 30, and interest is waived until then, instead of being added to the loan. In a blog post, the New York Fed said that 88% of the student-loan borrowers, including private-loan borrowers and  Federal Family Education Loan borrowers, had a “scheduled payment of $0,” meaning that at least 88% of the student loans were in some form of forbearance. Until September 30. And then what?

Delinquent loans are “cured” without catch-up payments.

And because delinquencies in student loans, auto loans, credit card debt, and mortgages are being “cured” by putting the loans in deferral programs and modifying the delinquent loans, they become “current” loans even though no catch-up payments have been made.

Still, about 32 million people are claiming unemployment insurance. A much smaller employment shock during the Financial Crisis caused the percentage of delinquent loan balances to soar, and the percentage of “current”


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What’s Behind The Dramatic Difference Between The Fed And The PBOC’s Balance Sheets

Courtesy of ZeroHedge View original post here.

The COVID-19 pandemic has caused an unprecedented monetary and fiscal expansion globally. As BofA Chief Investment Strategist Michael Hartnett put it, "The monetary and the fiscal stimulus in terms of the announcements thus far, it comes to $20 trillion, $8 trillion of monetary stimulus and $12 trillion of fiscal stimulus. And that number is a little over 20% of global GDP. So it's just astonishing and breathtaking and you have to sort of pinch yourself sometimes to sort of realize that it's actually happening."

Yet the expansion has been anything but uniform: while the Federal Reserve balance sheet expanded by nearly $3 trillion from March to May (14% of GDP), the balance sheet of China's PBOC actually contracted by almost RMB 1 trillion from January to June. At the same time, a PBOC official stated in a recent press conference that monetary policy support in H1 was equivalent to RMB9 trillion (9% of GDP).

This begs the question: why didn’t the PBOC balance sheet expand during the recent easing cycle? How have various easing measures by the PBOC impacted its balance sheet? And how much room does the PBOC have to grow its balance sheet? In a recent note addressing these questions and more, Goldman provided the answers in a Q&A format.

Why didn’t the PBOC balance sheet expand during the recent easing cycle?

Investors are all too familiar with how the Fed’s action in response to COVID-19 outbreak has affected its balance sheet. With policy rate cut to zero, the Fed implemented "Unlimited QE" by adding Treasuries and MBS on the asset side of its balance sheet financed by reserve creation on the liability side (Exhibit 1). The pattern was similar to QE1 in 2008 during the GFC followed by QE2 in 2010 and QE3 in 2012.

However, the easing mechanism is quite different for the PBOC. Unlike the US, China has been gradually transitioning from a quantity-based monetary policy framework to a price-based one. Quantity-based instruments such as RRR cuts still feature prominently in the central bank’s toolset. When the PBOC cuts RRR, the immediate effect is a reclassification of required reserve to excess reserve with no net impact on central bank


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6 Possible Reasons Why NY Dems Cuomo & Schumer Suddenly Support Schools Reopening

Courtesy of ZeroHedge View original post here.

Authored by Thomas Lifson via AmericanThinker.com,

When two powerful Democrats suddenly reject the position of the teachers unions and support the position argued by President Trump, we know that something’s up

Andrew Cuomo’s and Chuck Schumer’s abrupt switch of position to support reopening schools in New York leaves a lot of blue state Democrats exposed to intensified criticism for keeping their own schools closed.  I see five possible reasons that could explain this dramatic switch.

One

Let’s start trying to account for the change in position by taking Senator Schumer’s press conference explanation at face value.

“What is one of the biggest problems facing us in the next month? As the Speaker mentioned, schools. Opening up the schools safely. If you don’t open up the schools, you’re going to hurt the economy significantly because lots of people can’t go to work.”

Other blue state Democrats like California’s Gavin Newsom and Michigan’s Gretchen Whitmer have continued to behave in ways that inflict maximum economic damage in their states, suggesting that they expect President Trump to be blamed by voters for a slow or negative economic recovery, even at the cost of immiserating their own constituents.

Maybe both New Yorkers are scared that New York’s decline has reached the point that their own political futures are imperiled. After all, Cuomo just begged wealthy New York City residents return to the city from their refuges in the Hamptons, Hudson Valley or even out of state, offering to buy them a drink or cook dinner for them as a lure to pay the extra municipal income tax liability they would face.  

With its crime rates soaring and its major lifestyle appeal for the wealthy – restaurants, theatres, high end shopping, museums, and society gatherings – unavailable, New York City could easily lose the top one percent of its taxpayers, the people who cough up half of its revenues. Should that happen, a truly dystopian future could rapidly eventuate. Vacant apartment buildings and hotels seized for nonpayment of taxes or purchased on the cheap and used for dormitories for the homeless. Schools and municipal services


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7-Year-Old Boy In Georgia Died “From COVID-19″? There’s Just One Thing…

Courtesy of ZeroHedge View original post here.

Authored by Trevor Thomas via AmericanThinker.com,

Even Fox News declared,

"A 7-year-old old boy from Savannah, Ga., with no underlying conditions, became the youngest victim to die from the coronavirus …"  (Emphasis mine.)  

Even my local radio station — repeating the deception every 30 minutes for hours on end — which, among other conservative programming, carries The Rush Limbaugh Show, helped perpetuate this latest example of Wuhan virus "fear porn."

The AP — whose stories are often widely distributed in the media — did more accurately report that the boy died "with COVID-19."  However, the AP went on to say,

"The boy had no other chronic health conditions, according to data released by the state[.] … The boy's death comes amid nationwide debate about the risks that children face in getting infected or spreading the coronavirus, particularly as the school year begins."

The implication is that schools should not reopen, fall sports should not be played, and America must remain in shutdown mode.  If not for our own sakes, we must do it "for the children!"  As is often the case with so many things when it comes to the Wuhan virus and the drive-by media, few things could be farther from the truth.

As of late Friday evening, except for one Savannah TV station — whose more accurate account I first found via Facebook — I could find no drive-by media telling the whole story on this tragic episode.  

WTOC reporter Cyreia Sandlin provides some crucial details on the seven-year-old's death that the vast majority of the media have so far ignored:

So it seems that the boy died not "from COVID-19," but rather as the result of a seizure and a fall in the shower.  It seems that, prior to his death, the child had zero Wuhan virus symptoms, and that after he was pronounced dead, "a rapid test showed evidence of COVID-19 positivity."

I don't know about you, but I've followed the news and the science on this virus as closely as most anyone, and I have yet to hear


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Italy, UK Announce Plans To Reopen Schools; Global COVID-19 Cases Near 20 Million: Live Updates

Courtesy of ZeroHedge View original post here.

As we reported last night, the US surpassed 5 million confirmed cases (according to data compiled by Johns Hopkins) on Saturday evening (East Coast Time).

The US reported 56,070 cases Saturday, a 1.1% increase over the prior day. Total deaths have reached 162,441, the data show.

As we reported last night, Brazil also passed two critical milestones: it has now confirmed 2 million cases, and more than 100,000 deaths.

Though the numbers have rebounded a bit over the past week, on average, the daily numbers across the US have declined from a recent peak, as the outbreak in the Sun Belt outpaced the outbreak in New York. As the number of new cases in Fla. and Texas and California and Arizona has declined, some northeastern states, like New Jersey and Rhode Island, have seen a slight uptick in recent weeks (which inspired NJ, NY & Conn to add RI to the mandatory quarantine iist).

Globally, the number of confirmed cases is nearing 19.75 million.

Over in the EU, as governments sign more deals with major pharmaceutical companies to guarantee supplies of a vaccine that hasn't even been proven safe and effective yet, EU Commissioner for Health and Food Safety Stella Kyriakides told Germany's Handelsblatt in an interview that while a vaccine won’t immediately solve all the world's problems, it will allow a step-by-step return to normality, the newspaper cited Kyriakides as saying.

In contrast, in the US, Dr. Fauci, who has repeatedly reassured Congress (and the American pubic) that a vaccine would be available by the end of the year, admitted yesterday that we really don't know how effective the vaccine will be: he says it may be only "50% to 60% effective."

As Australia's second-most-populous state, Victoria (the home of its second-largest city, Melbourne) continues to struggle with the country's largest outbreak yet, neighboring New Zealand has just confirmed its 100th straight day without even a single coronavirus transmission.

New Zealand on


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Rape Suspect Released From Jail Due To COVID Kills Woman Who Accused Him

Courtesy of ZeroHedge View original post here.

In what is a perfect display of the efficiency of governments in dealing with the coronavirus outbreak, a Virginia rape suspect who was released from jail due to Covid concerns turned right around and killed the woman who accused him as soon as he was let out. 

Ibrahim E. Bouaichi shot and killed his accuser in late July after he was released from jail on April 9, according to Fox News.

He was indicted last year on charges including rape, strangulation and abduction. His accuser, Karla Elizabeth Dominguez Gonzalez, had testified against him in court in December of last year.

Bouaichi was jailed in Alexandria, VA without bond until the pandemic hit, at which point his lawyers argued for his release until trial due to the virus "endangering" inmates. He was released by Circuit Court Judge Nolan Dawkins on $25,000 bond as a result. 

The conditions of his release were that he only leave his home to meet with his lawyers or pretrial services officials. Now, he's accused of killing Gonzalez on July 29. 

On Tuesday of last week, police made it known they were looking for Bouaichi, who they described as "armed and dangerous". On Wednesday, officials said he was spotted and pursued in Prince George's County where he crashed his vehicle and reportedly shot himself. On Thursday, he was listed in "grave condition". 

Bouaichi’s attorneys commented they were “certainly saddened by the tragedy both families have suffered here” and "were looking forward to trial. Unfortunately, the pandemic continued the trial date by several months and we didn’t get the chance to put forth our case.”

Judge Dawkins retired from the bench in June and didn't respond to requests for comment. 





No coronavirus relief package yet: How to create your own check

By Aman Jain. Originally published at ValueWalk.

coronavirus, stimulus checks, relief package, create

With no decision yet on the next coronavirus stimulus package, many are starting to worry about paying their bills amid the coronavirus pandemic. Instead of waiting for the coronavirus relief package, there are a few ways that can help you create your own check without working extra hours.


Q2 2020 hedge fund letters, conferences and more

Lower dependence on coronavirus relief package

Democrats and Republicans are still far apart on the next coronavirus relief package. With the Senate scheduled to go on a month-long recess starting August 8, the chances of an agreement look grim.

Even if there is a deal next week, it could take at least a couple of weeks before the IRS actually starts sending checks. Amid such uncertainty and rising coronavirus cases, it is better that you take matters into your own hands to create your own stimulus check.

There a few options that can help you earn some extra money without working extra hours. You can then use this money the same way you planned to use the stimulus check. Here are some options that could help you increase your earnings.

How to create your own stimulus check

Sell things you don’t need

Look around your home, and you will find plenty of items that you no longer need or want. It may be a piece of furniture, electronics item, CDs, games, movies, clothing, a mobile device or anything else. You can easily sell those things online on platforms like eBay, Facebook Marketplace, Decluttr and more.

Rent your car and parking space

If you are not using your car and don’t intend to take a part-time job with Lyft or Uber, then you can easily make some money by renting out your car. You can find someone in your locality who needs a car or use car-sharing apps such as Getaround and Turo.

If you are not using your parking space and live in a busy area, then you can also make some quick money by renting it out. People are often on the lookout for a parking space that is near their place of work and costs less than parking fees.

Sell your photos

You can also make some money by selling your…
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Bank Run In Northeast China Part Of A Growing Trend

Courtesy of ZeroHedge View original post here.

Authored byZhang Yujie via The Epoch Times,

A run on the Bank of Huludao in China’s Liaoning Province began on Monday, Aug. 3, a day after the bank announced on its official website that its former president, Wang Xueling, is under investigation on suspicion of serious violations of the Communist Party’s law and discipline.

The stage for a bank run may have been set when the bank’s 2019 annual report showed the total profit and net profit in 2019 fell 57.86% and 59.40% year-on-year, respectively.

Starting with a run on the Bank of Gansu in western China in April, bank runs have popped up in geographically dispersed points across the country, including in Hebei and Shanxi provinces, suggesting that this bank run on Bank of Huludao in the northeastern Liaoning Province is not an isolated instance.

On July 29, the 10th largest shareholder of the bank, ASEM Industry & Trade, put its 65 million shares of the bank equity up for auction. The company was listed as a dishonest entity subject to enforcement twice last year. Also, the bank’s 2nd largest shareholder, Shenyang Dajun Ceramic Industry Co., Ltd. was an entity subject to enforcement both in 2017 and 2018.

Bank President’s Exile and Return

The Bank of Huludao, previously known as Huludao commercial bank, was founded in 2001, with a registered capital of 2 billion 5 million yuan (approximately $288.8 million). It is a regional share-holding commercial bank located in Huludao, Liaoning Province. In 2006, the China Banking Regulatory Commission exposed the Huludao bank bond case.

On Aug. 1, 2007, the Liaoning banking regulatory bureau made a decision on the case. Wang Xueling, the governor of the Bank of Huludao, was directly responsible for the misappropriation of treasury bond funds.

Wang was dismissed from office 14 years ago. However, he returned to the bank in August 2017, when he was appointed president by the board of directors, which was approved by the regulatory authority.

As of the end of 2019, the bank’s net profit was cut by nearly 60 percent and was believed to be attributed by the bank’s non-performing loan ratio rose


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Phil's Favorites

The World's Tech Giants, Ranked by Brand Value

 

The World’s Tech Giants, Ranked by Brand Value

Courtesy of Theras A.G. Wood, Visual Capitalist

 

The World’s Tech Giants, Ranked by Brand Value

The pandemic has businesses everywhere on the ropes, with many firms filing for bankruptcy since lockdowns began. Despite the uncertainty, tech giants and major digital retail brands are still thri...



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Zero Hedge

The Origins Of The Dollar's Value

Courtesy of ZeroHedge View original post here.

Authored by Frank Shostak via The Mises Institute,

Why does the dollar bill in one's pocket have value? The value of money is established, according to some experts, because the government in power says so. For some commentators the value of money is on account of social convention. What this implies is that money has value because it is accepted. 

And why is it accepted? ...because it is accepted! Obviously this is not a good explanation of why money has value.

...



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ValueWalk

No coronavirus relief package yet: How to create your own check

By Aman Jain. Originally published at ValueWalk.

With no decision yet on the next coronavirus stimulus package, many are starting to worry about paying their bills amid the coronavirus pandemic. Instead of waiting for the coronavirus relief package, there are a few ways that can help you create your own check without working extra hours.

Q2 2020 hedge fund letters, conferences and more

Lower dependence on coronavirus relief package

Democrats and Republicans are still far apart on the next coronavirus relief package. With the Senate scheduled to go on a month-long recess starting August 8,...



more from ValueWalk

Biotech/COVID-19

A second COVID-19 wave? Here are 6 lessons from the first

 

A second COVID-19 wave? Here are 6 lessons from the first

A man wearing a face mask to curb the spread of COVID-19 walks past a temporary Pride art installation in Vancouver on Aug. 3, 2020. THE CANADIAN PRESS/Darryl Dyck

Courtesy of Loren Falkenberg, University of Calgary and Jillian Walsh, University of York

As COVID-19 spread across the globe, governments looked to epidemiologists to slow its transmission.

Without a vaccine, large-scale testing capacity and sufficient critical-care beds, epidemiologists pushed...



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The Technical Traders

Melt-Up Continues While Metals Warn of Risks

Courtesy of Technical Traders

What a week for Metals and the markets, folks. The Transportation Index is up nearly 4% for the week.  The Dow Jones Industrial Average is up over 3% for the week.  Silver is up over 14% and reached a peak near $30 (over 23%).  Gold is up over 2.5% and trading above $2025 right now – with a peak price level near $2090.  If you were not paying attention this week, there were some really big moves taking place.

MELT-UP WITH HIGH RISKS – PAY ATTENTION

Overall, our research team believes the current “melt-up” price action is likely to continue as global investors continue to believe the US Fed will do everything possible to save the...



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Digital Currencies

Raoul Pal: "It May Not Be Worth Owning Any Asset Other Than Bitcoin"

Courtesy of ZeroHedge View original post here.

Authored by Turner Wright via CoinTelegraph.com,

Raoul Pal, CEO and founder of Real Vision, says Bitcoin may soon become his only asset for long-term investments.

image courtesy of CoinTelegraph ...



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Kimble Charting Solutions

Silver Headed Back To $50, Top Of The Cup & Handle Pattern?

Courtesy of Chris Kimble

Could Silver be creating a multi-decade bullish “Cup & Handle” pattern? Possible!

Did a retest of a handle breakout take place in March at (1), where Silver created one of the largest bullish reversals in decades? Possible!

Could Silver be creating a 40-year bullish pattern? Anything is possible! I humbly have to say share this; I’ve been in the business for 40-years and I haven’t seen anything like this.

Silver looks to have double topped back in 2011 at $50, which was the 1980 highs. After double topping, Silver ...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Sunday, 29 March 2020, 07:00:37 PM

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


Comment: Silver Shorts Are In a Bind | Ted Butler youtu.be/qQc0AoJp-Q8



Date Found: Monday, 30 March 2020, 05:21:45 PM

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


Comment: 5 Questions From You for Luke Gromen youtu.be/nVZD_fuxbQE


...

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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

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...



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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...



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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.
...

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Promotions

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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:

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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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