I must add yet another paen to Phil's "cash and short" call, as my TZA shorts are past paying for Similac and Pampers and have now covered all doctors and Mt. Sinai hospital bills for young Charlotte, as TZA took the portfolio up 10%.
Zeroxzero
Every time I read Mr. Davis' market analyses and reports about his super profitable trades I feel admiration mixed with envy for the overall brilliance of this man, intellectual and verbal, his extraordinary savvy in the exotic art of options and, last not least, his moral passion with which he writes, even if in passing, about the darker aspects of capitalism.
RussianBear
Your board has been fantastic helping the less experienced (includes me) navigate through all the turmoil. The contributions from your members has been well rounded, objective, and extremely helpful. Sans the politics you have built a fantastic community and that is a tribute to you. I thank you and all fellow members for there contributions over the past few days. Fantastic group!
dclark41
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
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 fantastic call on the markets… I owe you BIG…thanks and have a great weekend!
Kustomz
I have been here a year, and made most of my money back from the 14K fall. The people here are more than willing to help whe Phil cannot get to it. FWIW - This site is my brokerage firm, I was with Wells Fargo Portfolio and it was costing a fortune to trade, the costs here are more than offset with the data, trade ideas and profits you should make.. and I get a chuckle out of Cap and Phil's rantings on healtcare, guns, oh, yeah, and government….
Pharmboy
Phil – just wanted to say a sincere thank you for teaching me how to offset, hedge, roll, and not panic. My account is up 10% in the last two weeks, and far from panic, this is becoming great fun. Thanks again,
Deano
Phil – I wanted to tell you how much of a privilege it is to learn from your every day. You are a shining beacon in the life of so many investors. You have assembled probably the best group of people in the history of financial blogging and you, yourself have done more to help investors in the last 6 months than all previous financial advisors combined.
StJeanLuc
You may wonder if anyone gets anything out of you seminars (or may not wonder). Anyway, I almost never day trade because of my job. Today, I was home due to the snow and since I was behind by 2 weeks on watching your recorded seminars I though I would watch one of them. I set up my pivot point charts in TOS to match the ones in your seminar and made the QQQ trade from this morning. I only bought 5 puts. While I watched the seminar, I would pause then switch back and forth and watch the live QQQ chart. I ended up stopping out for a $170 gain, but it was pretty cool to have the dip and recovery at the same time I was learning the art of stopping out when a pivot line was taken out.
rj_jarboe
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
I thank you for the years of being my teacher, always took the time to answer my questions.
You are the BEST !
QCMike
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
/NKD- Kownichiwa Cowboy!! One week of patience and scaling in and out pays off. This is a testament to Phil's fundamental analysis with the PSW technique. Thanks Phil.
JohnO
Phil you are great, and not only is your market info spot on but you have the courage to call it like it is and write about it in a great tone.
Flanger
I read with great interest your statement the other day that the DX is unlikely to break 76 or there will be great hell to pay, torrential amounts of tears shed, and gnashing of dentures all over the world. Well. I have had several short DX contracts in the $78ish range during the last month and upon your two statements 1) don't be greedy, and 2) 76 could be a bottom, I yesterday put a buy GTC order to close my positions at 76 and for some inexplicable reason the DX spiked down after the close and now I can safely say that once again you have confirmed for me that you have been one of the best investment services I have yet to come across. Almost to the point that I'm beginning to think that maybe I'm completely wrong about my political stance as well. Almost. In any event, I wanted you to know that this has been my third execution based on your comments and recommendations that I have followed and this one has also worked to my advantage. My subscription fee has been more than justified for the next year and there's some left over to pay for my stay in Toronto this week, dinner at Joso's in the Yorkville section of town. If I smoked I'd have a Montecristo to salute you. Be well, stay well.
Flipspiceland
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
Phil
Killed it tonight trading copper. Anyone who jumped in right after election is up about 75k on one contract!
Thanks
Kapella
Why were the analysts wrong?
If I were a Japanese investor who purchased US stocks prior to November at Y80 yen to the dollar, with the US market up an average of 15% or more and upon selling the asset I covert dollars to Yen, also realizing an additional 25% gain (one dollar now converts to 100+ Yen rather than the 80 I used at time of purchase), I think I would be unloading US assets also.
But analysts never do the math in their articles nor very rarely bring up or discuss the ramifications of currency fluctuations. I don't include Phil in this group as this is a valuable lesson I am learning from him.
Denlundy
Market manipulation…. One of the things I've gained from this site is the concept of market manipulation. I never thought it was so prevalent, but now I know it is. I actually consider its effect when I make trades. Several days ago, when AAPL was moving toward 220 I sold 210 calls. My reasoning was that they will probably pin this month at 210. They came in big time as the stock moved ever closer to 210. I agree with Phil's comment that one of the things we need to do is find out what they are manipulating, and how, and hitch a ride. They are doing this with several equities. I've actually seen one article describing several equities that were being manipulated to pin at expiration each month, and describing how it was done, and of course Phil has described it well. In some ways it's easier to figure this out than it is a ‘normal' market behavior, and thus easier to make money in certain equities.
Iflantheman
Newer member here, but just wanted to say thank you too. I've learned so much and I hope you'll be around for a long time helping us learn along the way.
Where
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
GOOG, NFLX and AAPL all bought last hour Friday. Sold into the excitement the first hour today for an average of 15% on the options. And lots of them. Thanks again Phil for teaching me so well.
lflantheman
Thanks, Phil. I really appreciate your sentiment and commitment! Just want to thank you for what you do for all of us.
JBaker
Phil - DIA 107 Calls. As suggested I am taking the money and running to home depot for some shelter supplies! This is the grand finale of several successful trades from you through this roller-coster and as you have further suggested it is time for me to sit back and relax in cash. May even be able to talk my wife into the premium membership after these intelligent trades in a stupid market.
DOStrade
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
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
Thanks for you guidance – Your "student" will be passing on the McMuffins and having Lobster dinners tonight!
Aquila
Phil, those OIH $80 p that you recommended last week for ~$1 are now worth $5.50!
Greg
Phil: I cleaned up today. A rather stark contrast to my untutored performance April/May 2009, after I had written to you to explain how wrong-headed your bearishness was. Many thanks.
I ran into someone once who played on the Bulls with Jordan for quite a few years. He was asked what he had learned from playing with MJ for so long. He smiled and said "Give him the ball."
In the short time since the omicron variant was identified in South Africa in November 2021, researchers have quickly learned that it has three unique characteristics: It spreads efficiently and quickly, it generally causes milder disease than previous variants and it may confer strong protection against other variants such as delta.
This has many people wondering whether omicron could act as a vaccine of sorts, inoculating enough people to effectively bring about herd immunity – the threshold at which enough of the population is immune to the virus to stop its spread – and end the COVID-19 pandemic.
As immunology researchers at the University of South Carolina who are working on inflammatory and infectious diseases, including COVID-19, we find the characteristics of omicron in the pandemic setting particularly intriguing. And it is these characteristics that can help answer that question.
Some 4.73 billion people across the globe – about 61.6% of the world’s population – have received at least one dose of a COVID-19 vaccine. In the United States, 63.4% of the population is fully vaccinated with two doses as of late January 2022, while only 39.9% of Americans have received the booster dose. Such low levels of vaccination resulting from vaccine hesitancy and the complexities of the global vaccine supply chain cast doubt on reaching herd immunity through vaccination anytime soon.
How does omicron mimic a vaccine?
All vaccines work on the principle of training the immune system to fight against an infectious agent. Each vaccine, regardless of how it is made, exposes the human or animal host to the critical molecules used by the infectious agent – in this case, the SARS-CoV-2 virus – to gain entry into the host’s cells.
Some vaccines expose the host only to select portions of the virus. For example, the Pfizer-BioNTech and Moderna…
Chart via Piper Sandler’s new note on Coinbase. They don’t think it’s trading as a proxy for Bitcoin but I know it is. Here’s their take:
COIN shares have performed in-line with bitcoin since reaching an all-time closing high on 11/9/21. COIN shares and the price of bitcoin (which we use as a proxy for broader cryptocurrency prices) have fallen 46.4% & 45.5%, respectively, since COIN reached a record closing high on 11/9/21. While this is certainly a significant move to the downside, we believe it has more to do with investors pricing in future rate hikes across fintech/growth investments as a whole and less to do with the expected trajectory of cryptocurrency/digital asset adoption.
Anyway, here’s my take: There is absolutely no chance that Coinbase works as a stock so long as crypto prices, BTCUSD in particular, remain in a 50% drawdown. And – obviously! – a Bitcoin rally back the highs virtually guarantees a much higher COIN price. It also works the other way – if Coinbase finds itself in a massive regulatory problem, Bitcoin prices will feel that pressure. If there’s a big data breach or hacking event for Coinbase, Bitcoin will fall out of fear for the security of crypto in general.
So yes, I understand it’s not literally a Bitcoin ETF. But it’s close enough, no?
Source:
A Top Pick Among Those Impacted By The Risk Asset Pullback
Piper Sandler – January 25th, 2022
The Fed will be focused on “financial conditions” to the extent that they impact the outlook for employment and prices.
What does that mean? What “financial conditions” are they watching for?
In the simplest terms, bonds and stocks. The bond market is a hundred trillion dollars. The stock market is thirty five trillion dollars. Problems in these markets can create problems in the real world if they’re left to fester and spill over.
As the Fed drives toward the end of emergency stimulus and “normalization” of interest rates, the institution will have to monitor how its policies affect stocks and bonds and whether these effects will have economic ramifications that run counter to the dual mandate of “maximum employment, stable prices” originally established in 1977.
In the 70’s and 80’s, stock price movement was seen as a symptom of what was happening in the “real” economy. It was a sideshow. We had a stock market crash in 1987 that did not lead to a recession.
A generation later, in 2000, this was no longer true. Stocks had become important enough in the psyche of the middle and upper classes that the next crash did cause a recession. By organizing the nation’s retirement around self-directed, defined contribution retirement accounts reliant upon stock mutual funds, we’ve done this deliberately.
Consumers in the “real” economy behave according to how well off they may feel at any given time. This is called the “wealth effect” and it has been very well documented. The number one driver of this wealth effect had historically been home prices. Now stock market wealth has supplanted home prices for the upper class and upper middle class because of how large the market has become. The prevalence of stock-based compensation has been a big part of this. The proliferation of corporate and small business 401(k) plans and high employee participation rates too. There was $5.3 trillion in private equity assets in 2013. Now it’s $11 trillion.
In fact, I would say that after wages, the stock market wealth effect has actually become the leading driver of home price appreciation in
Unlike last quarter, we didn't need to look at Robinhood's 606 filings ahead of earnings. We had a feeling that the results would be ugly (as we predicted last quarter), and we were wrong: they were disastrous and absolutely horrific.
As a reminder, in its dismal guidance last quarter, when the stock imploded, Robinhood slashed its outlook seeing 4Q revenue of just $325M, a huge miss to consensus est. $500.7M, and predicted funded accounts of about 660,000. Well, had RH missed its own guidance, the stock would probably have to collapse to $0. And while it at least managed to come above its own bogey, it once again missed virtually every sellside consensus. Here is what the company reported:
Net revenue $362.7 million, missing the estimate $370.9 million
Transaction-based revenue $263.9 million, missing the estimate $269.3 million
Crypto revenue $48 million, -5.9% q/q, missing the estimate $55.0 million
Net Interest revenue $63.4 million, missing the estimate $66.3 million
Monthly active users 17.3 million, a slowdown of 8.5% Q/Q, and missing the estimate of 19.9 million
While crypto trading has been a core strategy of Robinhood, and its zero-commission transactions have helped it enlist new users, making it a major competitor to cryptocurrency exchanges such as Coinbase, this particular revenue stream has imploded. After peaking at $233 million in crypto-trading revenue in Q2 as retail investors plowed into digital assets like Bitcoin, In the third quarter, crypto revenue — 40% of which was made up from Dogecoin trading — plunged to $51 million. It has since dropped again to just $48 and if cryptos continue to tumble, it will only get worse.
But while the numbers were dreadful, the company's own charts – which inexplicably are in green when they should be in red – speak much louder. Starting with MAU, we see that the "growth" company is now slowing for a second consecutive quarter…
… going to Assets under custody, which at least flat were flat…
… ARPU was an unmitigated disaster, dropping to the lowest level in the past year.
Two days day after Microsoft barely avoided a collapse into the hawkish Powell abyss, and one day after Tesla reported earnings that sent its stock crashing, investors held on to hope that at least the world's largest company and one of the very few gigacaps generals still standing, Apple, would somehow pull a rabbit out of its magic hat of tricks and report solid earnings pulling the Nasdaq out of what appears to be an almost certain bear market.
It won't be easy: while the holiday quarter is always Apple’s largest, this time it’s also expected to be Apple’s largest in its history. On the Q4 earnings call, CEO Tim Cook said Q1 2022 revenue would top Q1 2021 revenue of $111.4 billion. So, at the very least, Apple needs to hit that mark to appease investors (any miss here and welcome Nasdaq bear market). But that may not be enough, since Wall Street consensus is even more aggressively, calling for Apple to report revenue of $119.05 billion, clearly an all-time record (Cook said in Q4 that Q1 earnings will have been even $6 billion stronger if not for the ongoing impact of the global chip shortage).
The bullish case is that if Apple beats Wall Street expectations on the iPhone, Services Mac, and Wearables/Home/Accessories, it would be reporting new all-time highs in terms of revenue for those categories. Surely that would be something Apple will tout heavily in its remarks. On the other hand, even the smallest weakness will be hammered by a market that so far has shown zero forgiveness now that the Fed is in hike it till you break it mode.
So with that in mind, was Apple able to save the Nasdaq from freefalling after hours and potentially starting the next bear market?
It appears that – at least at first glance – the answer is a resounding yes as Apple has done it again, and after reporting not only a record quarter that was up 11% Y/Y, but also a big beat on the top and bottom line, its stock is rising sharply after hours and pulling the Nasdaq along with it.
Here are the details from the just concluded holiday quarter:
The Federal Reserve signaled plans to begin raising interest rates “soon” in a bid to tamp down inflation before it poses a serious risk to the U.S. economy. A hike would be the first time the central bank has increased its benchmark lending rate in over three years.
Lifting the borrowing costs consumers and businesses pay for loans has the effect of slowing economic activity, which in turn could curb inflation. But there are also concerns that it could put on the brakes too quickly. We asked Alexander Kurov, a finance professor at West Virginia University, and Marketa Wolfe, an economist at Skidmore College, to explain what the Fed is doing and what it means for you.
The Fed quickly cut rates to zero at the beginning of the COVID-19 crisis in March 2020 in an attempt to soften the blow of the sharp recession that began that month as the U.S. went into lockdown. As a reminder of how bad things were back then, over 40 million workers – a quarter of the American workforce – filed for unemployment in the first few months of the pandemic, a staggering number with no precedent in the job market.
There are a few green stocks in the market today, and by “a few”, I mean you can count them on two hands and still have a few fingers left over. To gag yourself with. Those green stocks are things like Kohl’s (a special situation takeover story) and then it’s like grocery stores and shoe cobblers. That’s really it. Tesla is being absolutely mangled, which tells you which type of mutual funds and ETFs are being redeemed (liquidated?) today.
I have some buy limit orders in at completely outrageous prices, as per my post this weekend (The Rules). In my personal accounts, I’m bidding for Moderna, Netflix and Disney at lower levels – and if the selling pressure continues, I may get one or two of them.
This week we’ll hear from the Federal Reserve and get earnings from Microsoft and Apple. It’s a big moment. The reaction (or lack of reaction) to these events will be telling.
Today feels like capitulation in a lot of areas. There are some folks who want to sell and some who have to sell. You can’t discern the difference by watching the action in any particular stock. Red is red, doesn’t matter why. But one thing you know for sure is that the speed of these corrections has become breathtaking. Like nothing you’ve ever seen before. In the Slack channel Ben is saying it’s “instant repricing” which I think is a great way of phrasing it.
The action in Tesla (and its most bullish shareholder’s ETF) is looking particularly puke-y today…
The thumbs are flying furiously across Robinhood screens on millions of phones right about now…
Ironically, this all started over concerns about inflation, the Fed moving quickly and bond yields ripping higher. But bonds will always catch a bid eventually when the stock market acts savagely enough. And that’s exactly what happened Friday morning. Bond prices are higher again today, with yields lower, as money looks for safety somewhere, anywhere. See the opening gaps on the most popular Treasury bond ETFs below:
How 5G puts airplanes at risk – an electrical engineer explains
The FAA raised concerns that new, full-speed 5G cellphone services near airports could interfere with aircraft operations. Bernal Saborio/Flickr, CC BY-SA
Concerns began when the U.S. government auctioned part of the C-band spectrum to wireless carriers in 2021 for US$81 billion. The carriers are using C-band spectrum to provide 5G service at full speed, 10 times the speed of 4G networks.
The C-band spectrum is close to the frequencies used by key electronics that aircraft rely on to land safely. Here’s why that can be a problem.
Keeping order on the spectrum
Wireless signals are carried by radio waves. The radio spectrum ranges from 3 hertz to 3,000 gigahertz and is part of the electromagnetic spectrum. The portion of the radio spectrum that carries the signals from your phone and other wireless devices is 20 kilohertz to 300 gigahertz.
If two wireless signals in the same area use the same frequency, you get garbled noise. You hear this when you are midway between two radio stations using the same or similar frequency bands to send their information. The signals get garbled and sometimes you hear one station, at other times the other, all mixed with a healthy dose of noise.
Therefore, in the U.S., the use of these frequency bands is tightly regulated by the Federal Communications Commission to ensure that radio stations, wireless carriers and other organizations are assigned “lanes,” or frequency spectra, to use in an orderly fashion.
Bouncing radio waves off the ground
Modern airplanes use altimeters, which calculate the time it takes for a signal to bounce back from the ground to determine a plane’s altitude. These altimeters…
The two most successful coronavirus vaccines developed in the U.S. – the Pfizer and Moderna vaccines – are both mRNA vaccines. The idea of using genetic material to produce an immune response has opened up a world of research and potential medical uses far out of reach of traditional vaccines. Deborah Fuller is a microbiologist at the University of Washington who has been studying genetic vaccines for more than 20 years. We spoke to her about the future of mRNA vaccines for The Conversation Weekly podcast.
Below are excerpts from that conversation which have been edited for length and clarity.
How long have gene-based vaccines been in development?
This type of vaccine has been in the works for about 30 years. Nucleic acid vaccines are based on the idea that DNA makes RNA and then RNA makes proteins. For any given protein, once we know the genetic sequence or code, we can design an mRNA or DNA molecule that prompts a person’s cells to start making it.
When we first thought about this idea of putting a genetic code into somebody’s cells, we were studying both DNA and RNA. The mRNA vaccines did not work very well at first. They were unstable and they caused pretty strong immune responses that were not necessarily desirable. For a very long time DNA vaccines took the front seat, and the very first clinical trials were with a DNA vaccine.
The supply chain has dealt with several issues over the past couple of years, as consumers and businesses have been forced to navigate a tricky “COVID” landscape.
Commodity prices (in general) have risen, while enduring some big swings.
Today we look at a commodity that plays an intricate role for consumers, and perhaps the equities market as well. Lumber. When lumber prices are high, new homes and buildings cost quite a bit more.
By Eric Gozenput. Originally published at ValueWalk.
If you’re looking for an asset that protects against inflation, buy gold! Take a look at our helpful guide below for some tips on purchasing this precious metal.
Update (Friday 0711ET): Organizers of the "Freedom Convoy" have "received confirmation that GoFundMe has released our first batch of funds" following reports Thursday, the c...
Chart via Piper Sandler’s new note on Coinbase. They don’t think it’s trading as a proxy for Bitcoin but I know it is. Here’s their take:
COIN shares have performed in-line with bitcoin since reaching an all-time closing high on 11/9/21. COIN shares and the price of bitcoin (which we use as a proxy for broader cryptocurrency pric...
U.S. President Joe Biden said on Jan. 19, 2022, that he thinks Russia will invade Ukraine, and cautioned Russian president Vladimir Putin that he “will regret having done it,” following months of building tension.
Russia has amassed an estimated 100,000 troops along its border with Ukraine over the past several months.
Come on! Seriously do you think a 400% rally for Bitcoin was going to be given to the public easily. Without any pain! Come on muppets!
The uniformed (public) buy when price is rising or breaking new highs, the informed buy when price is falling or breaking lows.
The informed have to do it this way as they are large volume players and the only way they can buy large volume is to create chaos. The chaos brings to the market the weak holders and a forced sell. Price is moved to where the volume can be accumulated, in a bull trend that is down to critical support.
Of course if price is in a true bull market the 'chaos' created should not break critical long term trend signals, ...
TD Bank's host Bryan Rogers interviewed Phil on June 10 as part of TD's Options Education Month. If you missed the program, be sure to watch the video below. It should be required viewing for anyone trading or thinking about trading using options.
The Suez Canal: A Critical Waterway Comes to a Halt
On March 23, 2021, a massive ship named Ever Given became lodged in the Suez Canal, completely blocking traffic in both directions. According to the Suez Canal Authority, the 1,312 foot long (400 m) container ship ran aground during a sandstorm that caused low visibility, impacting the ship’s navigation. The vessel is owned by Taiwanese shipping firm, Evergreen Marine.
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...
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The Fed will be focused on “financial conditions” to the extent that they impact the outlook for employment and prices.
Two days day after Microsoft barely avoided a collapse into the hawkish Powell abyss, and one day after Tesla reported earnings that sent its stock crashing, investors held on to hope that at least the world's largest company and one of the very few gigacaps generals still standing, Apple, would somehow pull a rabbit out of its magic hat of tricks and report solid earnings pulling the Nasdaq out of what appears to be an almost certain bear market.
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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...
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