Phil - I celebrate today, having reached my goal for the year, trading in sync with your education and guidance, of 1 million in profit. I learned a lot, achieved much, and am profoundly grateful. To be honest, when I set the goal I thought it was daunting, as I have for many years been an investor in equities but did very little with options. Learning and doing has for me been a blast!
I reached my goal by following Phil's strategies - lots of Buy/Writes, covered calls on equities , naked put entries for income production. I did it with 2.5 mil and kept 600,000 in cash in case I got in trouble. I concentrated on stocks (many of my own choosing) that had decent dividends and wrote front month calls against (OTM) which has worked well in this market run. 25% of my gain is in dividends and premium selling, with the balance in appreciation.
Gel1
Being on this board is better than successfully completing the Times crossword. Phil's panoply of comments manage to excite, illuminate, frustrate, exasperate, confuse, enlighten, outrage, invigorate and stupefy (and that's par for the morning session only!). But goddammit, it's addictive, informative and when it all goes right extremely profitable.
Winston
I want to thank you for sharing your wisdom with us. I've learned a lot (and still am) about your trading strategy, but also I see a man who truly cares about our country, America. Thank you.
Autolander
We are lucky to be in America and it is great to be part of the PSW tribe. Keeps me thinkin' and gatherin' the profits. ~ 42 % gain in my trading account year to date, which keeps me happy. Half to a third of the trading account is reserved in margin capacity that Is not committed. So, again thanks Phil and all of you other members.
Newthugger
I am a Registered Nurse, so is my wife. We work hard to take care of seven kids that are the joy of our lives. The cost for a basic membership is ALOT from our our monthly budget of spending and saving…but well worth it! Phil has allowed me to really ramp up the savings we put away for our children's college funds and our retirement.
David
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
Thx Phil. Lightly moving in the bullish direction. Took PFE for $14.35 and sold the Jan 11 C/P for $2.85 giving me a net entry below Mar 09 low. And I bought back those calls on BTU and JPM I asked about the other day and am leaving them uncovered for now, so feeling better. Still just learning the rhythm.
In the three months I have been using your system, my little portfolio is up 9.9%, so not only am I learning, but I am APPLYING that knowledge, and it's paying off. Thanks.
Hoss
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
Looking over your main themes last week, the "China may fall first" and "if you missed it previously, Thurs am gives you a second chance to short" were absolutely on target. I had to rely on stop-losses because of my schedule but just those two calls could have been worth a small fortune. Keep it up and I look forward to your new portfolio.
Ocelli
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
Praising PSW for enlightenment is a bit akin to praising the Pope for being holy. I've been reading PSW for about two months now and have learned more about investing technique and the world in general than I've learned from the books and seminars I've paid for. Thanks for the enlightenment, the education, the guidance and the truth, which is not a commodity these days, but a virtue in short supply.
Andy Morris
Phil,
thank you for the thorough response(s). I joined this group last week to take my education to the next level. the school i am involved with very good at calling out levels but very little live trading and little help in managing a position going against you.
I like the combo of knowing where the major levels are coupled with your approach to getting in. learned a lot this week.
thank you!
DawnR
Phil - I caught the interview…. terrific!. Your host recommended that the viewers should " go to your site, as you will be entertained ". That is for sure if you consider entertainment is laughing while you read, learn and make unbelievable leveraged profits that you never thought were possible. That is my kind of entertainment !
Gel1
The virtuous trade / Phil throws out so many ideas, that understandably he rejects all calls for a running total of how all ""quoted"" ideas are performing – it would be unworkable. But without such a list, I think it behooves us to call out the trades that have made a difference. January 13 expiration is going to be a big month for me as a significant number of sold put positions will expire worthless. One example of the power of patience and leaving well alone:
VLO – sold Jan 13, 17.5 puts for $3.45 – and this trade was placed in August 2011. VLO is currently a tad over $35!
And as time went by, and I got more experienced – with the help of Phil and the contributions from board members, I started selling short term puts and calls around this position. Sometimes having to roll, sometimes doubling down but always knowing what I was getting into, and feeling very calm and focussed that whatever happened I could handle it. And if I couldn't then there was always Phil to lend a helping hand. All in all, my profits since August 2011 would qualify as a tidy addition to any earnings from the day job.
Thank you Sir.
Winston
PHIL: The most important lesson I have learned is how to hedge using SQQQ, SDS and TZA. A big thanks.
IHS4God
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, 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 want to let you know that you really helped me make some money this morning when I probably would have lost on my own. I was stuck in doctors waiting rooms most of the morning starting at 8AM. By following the game plan you laid out and using my smartphone, I went short on oil whenever we got to 61.50 and long at 61 waiting for the spikes ahead of inventory. When 10:30 rolled around I was out after selling longs at 61.60 a few minutes earlier. I went short at 61.75-61.80 and voila, rode it down to 60.60 or so. Thank you.
craigsa620
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
Phil - Your logic not only makes sense, but it made a lot of premium profit for me over the past 12 months. I have recovered much of the massive equity losses of last year. My Monday play is the sale of long term puts on FXI. Love the premium!
Gel1
Phil
Killed it tonight trading copper. Anyone who jumped in right after election is up about 75k on one contract!
Thanks
Kapella
I read you every day. Smart. Prescient. Good advice. Righteous anger. Even made some money on your ideas. Keep it up.
Catfoodgen
I have been a member of Phil's site for three years and counting, and my advice is that all investing takes time. There are o shortcuts, no secret way to riches. Same with Phil's site- you need time and patience to start benefitting fully from his advice. But it is often spot on and also very useful, especially to me as I try to keep a level head in this turbulent stock market environment.
Jordan
Phil - I got your earlier trade a month or so ago on MSFT 2015 32/37 BCS, selling 2015 30 puts. Nice up 75% now!
Jomptien
I really would like to meet all of the posters here who seem like an intriguing bunch of intelligent, opinionated (without being obnoxious or condescending most of the time), and well spoken people. Not so easy to find in this age of instant gratification and me first attitudes. Usually this results in groups where misinformation is used to gain an advantage, or whatever it takes to beat the other guys. I love the one for all, all for one vibe here, sharing your best ideas and helping each other work together for a common goal, to be successful investors!
craigsa620
A truly great website with a lot of information for investors. Whether you are a novice, seasoned, or a professional there is a lot to be gained about stock options and options trading from this very informative website.
ZKatkin
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
Phil/CL-that play made a quick $500 per contract! Took all of 10 minutes! I want to thank you for helping me not just learn a bit about trading, but giving me some confidence and most of all a rewarding "hobby" to look forward to each day. I have had a few mistakes and losses along the way, but I have had some great wins too and I am now consistently making money trading futures and have even learned to go to sleep while holding a losing position knowing that tomorrow is always another opportunity to win again. So thanks again for your help and patience along the way.
Craigsa620
Started my membership in mid-Oct and have since then learned so much about options by reading the site's articles and postings, members' chats and suggested trades – as a bonus, the articles are entertaining as well! Phil's long-term investing strategy makes really good sense as I've seen its effect on my GLW positions.
Phil – thanks for sharing your knowledge of the market! I've worked as risk analyst for the investment dept of a $19B insurance company, and the scope and depth of your daily commentaries blows away what I have seen and heard from the PMs and even the chief investment officer! Most of all, I will continue to be a member because you have your priorities right (from my POV) – it's not all about money and power.
Bai2r
Oxen (directly) and Wilkinson (indirectly) are making me a great day trader! Props to Andrew for another little nugget last night: HIG. $20 Dec calls paid 6% quickly this morning. And helloooo STJ - a few days, but nice pick nonetheless - esp with early cover premium.
One of the most interesting things that happens after a big, nasty, protracted bear market is that no one wants to be accused of being bullish or upbeat about anything. In the aftermath of a crash, the bulls always look and sound dopey or complacent.
Wall Street strategists are only human. And as markets trade higher, they gradually get more and more comfortable sounding positive on stocks. The trauma of having been bullish and wrong ahead of the last crisis fades away and the recency bias takes over. Individual investors’ risk tolerances work this way too, but that’s another discussion.
Anyway, my friend Savita Subramanian has been showing us the Sell Side Indicator that she keeps for BofA and, over all this time, The Street hadn’t really gotten up to a place where the rally might be threatened by excess bullishness – until now:
Wall Street is just 1ppt shy of ‘Sell” signal
Wall Street strategists continued to increase their recommended equity allocations in February. The Sell Side Indicator (SSI), which is the average recommended equity allocation by sell-side strategists, rose by nearly 1ppt to 59.2% from 58.4%. It’s the second month in a row of an almost 1ppt jump, bringing recommended equity allocation to almost a 10 year high and just 1.1ppt shy of a “Sell” signal. The last time the indicator was this close to “Sell” was June 2007 after which we generally saw 12-month returns of -13%. We’ve found Wall Street bullishness to be a reliable contrarian indicator.
Savita notes that we’re still in Neutral territory based on the model’s inputs, and we’ve been in the Neutral zone since December of 2016. And with the indicator still at Neutral (as opposed to Bullish), we’re still looking at positive forward returns based on the historical relationship holding (which, who knows if it will).
It only took about 20,000 Dow points, a quadruple in the S&P 500 and a 500% Nasdaq rally to get The Street’s experts up to the upper end of Neutral sentiment. That’s pretty funny, in and of itself, regardless of what happens from here.
Source:
Approaching “Sell” signal
Bank of America Securities – March 1st, 2021
Interest rates are important. They’re the lifeblood of the economy. To say they’re one of several inputs instead of the only input is not to minimize their importance, but to state reality.
Ben did a post over the weekend in which he makes the argument that low interest rates do not turn investors into gamblers. For example, the average yield on the 10-year treasury was over 6% during the dot-com bubble. People piled into risky IPOs when they could have just clipped 6% and moved on with their life. Why? Because their friends and family members were getting rich quick. In that type of environment, the 10-year could have been 30% and people still would have gambled. Getting rich slow has little appeal to the average investor in a get-rich-quick market.
This brings us to today. There was an enormous move in interest rates last week.
It’s true that rates are still incredibly low on an absolute basis, but to dismiss what happened last week as trivial would be foolish, as we know that everything is relative, especially in markets.
Tracy Alloway notes that, “The 2/5/10-year butterfly — a popular trade involving two-, five- and 10-year U.S. bonds — moved by an astonishing 24 basis points (one of those events which, when measured by standard deviations, is only supposed to happen once in a billion years, etc.).”
It’s not only bond investors that are paying attention to interest rates but equity investors as well. The popular narrative these days is that growth stocks have benefited from low interest rates. If stocks are valued off of future discounted cash flows, and the discount rate is zero, then it doesn’t matter if investors see that money one month from now or 10 years from now.
This makes intuitive sense, but I’m in the camp that interest rates are still just one, albeit an important part of a complicated equation. An equation that uses more than just hypothetical future cash flows and today’s discount rate. And if this were all there was to it, that higher interest rates equal lower prices for growth stocks, then…
I promised you SPAC week, but Momentum Monday never sleeps.
I start my week off each Saturday working through The Stocktwits 25 lists. This week it the lists were filled with names I don’t care to follow or the most part. The growth names I have been following are mostly in pullback mode and the banks and energy are leading.
As always, Ivanhoff and I toured the markets to size up the field position for my favorite growth ideas and what is working. This week we had a special guest – our good friend Joe Fahmy. Joes is a great student of momentum and markets and it was fun hearing how he sees the tape right now.
Last week started with rotation into the so-called back-to-normal (from Covid) stocks like leisure, airlines, hotels, oil & gas, and financials. While those recovery industries were rising, interest rates were quickly accelerating putting downward pressure on tech stocks. Something broke on Thursday and the entire market started to pull back. QQQ closed below its 50-day moving average. SPY closed below its 20-day moving average. Momentum stocks as measured by the ETFs – MTUM and ARKK, had their worst performance since September-October of last year. The market is currently in a correction mode.
There are two types of market correction:
Sector rotation – the indexes remain relatively unscathed in move in a wide sideways range while money constantly rotates from one group of sectors to another. This is the most common type of consolidation. Basically, a stock picker’s market.
High-correlation pullback which brings down most stocks – the price action last Thursday was a good example of this. Most breakouts are faded or find very little follow through during this market environment. Short ideas work better but they often require going through a lot more volatility, using wider stops or selling
Beginning on September 17, 2019 – months before there was any report of a COVID-19 case anywhere in the world – the Federal Reserve turned on its money spigot to the trading houses on Wall Street. By October 23, 2019 the Fed announced that it was upping these loans to $690 billion a week – again, months before any report of COVID-19 anywhere in the world. Earlier in October 2019, the Fed had also announced that it would be buying back $60 billion a month in Treasury bills.
Within a span of six months, the Fed had pumped out a cumulative $9 trillion in loans to Wall Street’s trading houses, according to its own spread sheets, with no peep as to which Wall Street firms were getting the bulk of that money. It’s more than a year later and the American people still have no idea what triggered that so-called “repo loan crisis” or which Wall Street firms were in trouble or remain in trouble.
The Federal Reserve, as is typical, outsourced this money spigot to the New York Fed, which is literally owned by some of the largest banks on Wall Street. We wrote at the time the New York Fed was making these massive repo loans that this action was unprecedented in Federal Reserve history for the following reasons:
No Wall Street crisis has been announced to the public to explain these massive loans and Treasury buybacks;
One of the big things that has helped ARK's public image during its wild run to over $50 billion under management has been its stated commitment to transparency. Every day, at the end of the day, ARK has been emailing out its trades so that followers of the firm and investors can see which stocks "visionary" stock picker Cathie Wood and her team are moving in and out of.
Except now, after a week mired by several days of massive outflows, it appears that ARK Invest isn't exactly disclosing all of its sales anymore. In fact, it's adding numerous disclosures and disclaimers to its daily e-mail lists.
What used to be a simple spreadsheet showing buys and sells now comes with a warning that the list of trades going out "exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity."
In fact, the entire disclaimer can be found on ARK's site, here, admitting that trade files do not include certain trades.
Trade notifications are for informational purposes only. ARK offers fully transparent ETFs and provides trade information for all actively managed ETFs. ARK’s statements are not an endorsement of any company or a recommendation to buy, sell or hold any security. Trade notification files are not provided until full trade execution at the end of a trading day. ARK may not trade every day. The time stamp of the email is the time of file upload and not necessarily the exact time of the trades. Files of trades are not comprehensive lists of a day’s trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Additional files may be posted at a later time. Most ARK ETF portfolio trades settle on a T+2 basis. These files represent an UNOFFICIAL, UNRECONCILED account, as all official accounting and custody processes for the ARK ETFs are performed by BNY Mellon resulting in a daily Net Asset Value
“The task is…not so much to see what no one has yet seen; but to think what nobody has yet thought, about that which everybody sees.”
~ Erwin Schrödinger
Just as life is not about what happens to you, but about how you respond to what happens to you, insight is not a function of data, but of how you perceive the data. Plotting data in different ways is illuminating, even fun, and it can lead one to discover stories. And while “stories” often connotes fiction, stories can also be true, and can even create truth.
The best way to predict the future is to make it. And, just as history is the stories we (i.e., the victors) tell ourselves, stories can shape the future by giving people a path, an inspiration, or a goal. One inspiration for those stories is data … and different ways of looking at the data.
Just read the last paragraph and it’s clear I’m insecure re my intellect, or have an edible hangover. The answer is yes.
Anyway, I love 2×2 matrices, and how their quadrants inspire stories. Identifying two factors that define four groups can provide insight into industry dynamics and illuminate pressures and opportunities. Often, the points on a matrix are a function of quantitative analysis; however, the real value is in the sorting, not the calibration.
In that spirit, I’ve been thinking a lot about how tech is battling for our attention. Screens have infested our lives and we’ve become re-attached to an Orwellian umbilical cord. From fitness to
On Wednesday, U.S. regulators announced that Johnson & Johnson's Covid-19 vaccine being developed by its subsidiary Janssen Pharmaceuticals in Belgium is effective at preventing moderate to severe cases of the disease. The jab has been deemed safe with 66 percent efficacy and the FDA is likely to approve it for use in the U.S. within days.
The Ad26.COV2.S vaccine can be stored for up to three months in a refrigerator and requires a single shot, unlike some of the other Covid-19 vaccines currently in use that need special freezing units and two doses. It will also require less medical personnel and should speed up the pace of he vaccination campaign considerably.
The United States has ordered 100 million doses of Johnson & Johnson's vaccine according to tracking conducted by Duke University but its rollout is set to be hindered by production shortfalls. The company committed to delivering 10 million doses by the end of February but it recently states that only 4 million are going to be ready to ship. By the end of March, the company hopes to distribute 20 million doses.
Editor’s note: So you’ve gotten your coronavirus vaccine, waited the two weeks for your immune system to respond to the shot and are now fully vaccinated. Does this mean you can make your way through the world like the old days without fear of spreading the virus? Deborah Fuller is a microbiologist at the University of Washington working on coronavirus vaccines. She explains what the science shows about transmission post-vaccination – and whether new variants could change this equation.
1. Does vaccination completely prevent infection?
The short answer is no. You can still get infected after you’ve been vaccinated. But your chances of getting seriously ill are almost zero.
Many people think vaccines work like a shield, blocking a virus from infecting cells altogether. But in most cases, a person who gets vaccinated is protected from disease, not necessarily infection.
Every person’s immune system is a little different, so when a vaccine is 95% effective, that just means 95% of people who receive the vaccine won’t get sick. These people could be completely protected from infection, or they could be getting infected but remain asymptomatic because their immune system eliminates the virus very quickly. The remaining 5% of vaccinated people can become infected and get sick, but are extremely unlikely to be hospitalized.
Vaccination doesn’t 100% prevent you from getting infected, but in all cases it gives your immune system a huge leg up on the coronavirus. Whatever your outcome – whether complete protection from infection or some level of disease – you will be better off after encountering the virus than if you hadn’t been vaccinated.
With the U.S. facing vaccination delays because of worker shortages and distribution problems, federal health officials now say it’s OK to push back the second dose of the two-part vaccine by as much as six weeks.
As an infectious disease doctor, I’ve been fielding a lot of questions from my patients as well as my friends and family about whether the COVID-19 vaccine will still work if people are late receiving their second dose.
Why you need two doses 3-4 weeks apart
Two doses, separated by three to four weeks, is the tried-and-true approach to generate an effective immune response through vaccination, not just for COVID but for hepatitis A and B and other diseases as well.
The first dose primes the immune system and introduces the body to the germ of interest. This allows the immune system to prepare its defense. The second dose, or booster, provides the opportunity for the immune system to ramp up the quality and quantity of the antibodies used to fight the virus.
As more vaccine becomes available, the timing of the second dose should be close to four weeks for the Pfizer and Moderna vaccines. But the good news is that…
Supporters argue a higher minimum wage would translate into higher incomes for millions of low-wage employees, such as restaurant waiters, retail salespeople and child care workers, and thereby lift a lot of people out of poverty. Opponents claim it would hurt businesses and lead to a lot of job losses.
As an economist who studies labor markets and income inequality, I believe both claims exaggerate the impact and miss a key point of what the minimum wage is meant to achieve. The current debate offers a perfect opportunity to restore the wage floor’s original purpose, as laid out by FDR over 70 years ago.
Preventing employer abuses
The federal minimum wage was first implemented under the Fair Labor Standards Act in 1938 at a very modest 25 cents an hour – about $4.61 today – and applied only to “employees engaged in interstate commerce or in the production of goods for interstate commerce.” Think manufacturing workers, miners and truck drivers.
It took 18 years before Congress raised it to a buck, and the wage was soon expanded to include lots of other workers, such as retail employees, gas station attendants and nursing home aides. The latest increase, in 2009, set the wage at $7.25. It now applies to almost all workers except the self-empoyed, small-farm laborers, teenagers and those who receive tips, as well as a handful of other exempted groups.
One of the most interesting things that happens after a big, nasty, protracted bear market is that no one wants to be accused of being bullish or upbeat about anything. In the aftermath of a crash, the bulls always look and sound dopey or complacent.
Wall Street strategists are only human. And as markets trade higher, they gradually get more and more comfortable sounding positive on stocks. The trauma of having been bullish and wrong ahead of the last crisis fades away and the recenc...
A controversial change in how bonuses were to be issued for 2020 has wound up pulling forward $400 million in expenses, which will be booked in Q1. The costs otherwise would have been spread out over the next four years, according to Bloomberg...
Today we reveal how ESG-darling Ormat, a developer and operator of geothermal power plants, has engaged in what we believe to be widespread and systematic acts of international corruption.
We expect the blowback to these revelations to be severe, threatening Ormat’s ...
The past 8-months have been great for the broad markets, the same cannot be said for Gold Miners. Gold Miners ETF (GDX)has lost nearly a third of its value since peaking last August.
This decline has taken place inside a bullish rising channel, that started at the lows in 2015.
The 27% decline in the past 30-weeks has GDX testing a support/resistance line at the $30 level, that has been in play for the past 15-years.
It is critical for GDX to hold this support at (1).
If this support level does not hold, odds increase that GDX could end up testi...
On Wednesday, U.S. regulators announced that Johnson & Johnson's Covid-19 vaccine being developed by its subsidiary Janssen Pharmaceuticals in Belgium is effective at preventing moderate to severe cases of the disease. The jab has been deemed safe with 66 percent efficacy and the FDA is likely to approve it for use in the U.S. within days.
The Ad26.COV2.S vaccine can be stored for up to three months in a refrigerator and requires a single shot, ...
On Wednesday, U.S. regulators announced that Johnson & Johnson's Covid-19 vaccine being developed by its subsidiary Janssen Pharmaceuticals in Belgium is effective at preventing moderate to severe cases of the disease. The jab has been deemed safe with 66 percent efficacy and the FDA is likely to approve it for use in the U.S. within days.
The Ad26.COV2.S vaccine can be stored for up to three months in a refrigerator and requires a single shot, ...
?I have been astonished as you know by the growth of crypto.
I remember back in 2017 when I noticed that Stocktwits message volume on Bitcoin ($BTC.X) surpassed that of $SPY. I knew Bitcoin was here to stay and Bitcoin went on to $19,000 before heading into its bear market.
Today Bitcoin is near $50,000.
Back in November of 2020, something new started to happen on Stocktwits with respect to crypto.
After the close on Friday until the open of the futures on Sunday, all Stocktwits trending tickers turned crypto. The weekend messages on Stocktwits have increased 400 percent.
A Donald Trump supporter wears a gas mask and holds a bust of him after he and hundreds of others stormed the Capitol building on Jan. 6, 2021. Roberto Schmidt/AFP via Getty Images
The fast money happens near the end of the long trend.
Securities which attract a popular following by both the public and professionals investors tend to repeat the same sentiment over their bull phase. The chart below is the map of said sentiment.
Video on the subject.
Charts in the video
Changes in the world is the source of all market moves, to ...
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...
One of the most interesting things that happens after a big, nasty, protracted bear market is that no one wants to be accused of being bullish or upbeat about anything. In the aftermath of a crash, the bulls always look and sound dopey or complacent.
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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
coordinator for PSW.
