Archive for the ‘Random Thoughts’ Category

Introduce Yourself

Go to the K1 Project Main Page

We’ve been kicking around the idea of having a place to post a small biography





Affiliation Made Easy

I’ve just updated our affiliate program.  Here’s the deal: refer someone, and get $25 when they subscribe.  To participate, just login to your Member Page and go to the Affiliates area. There, you can get code for text links or banners, which you can put on your blog, website, or on the side of your car.

We’d honestly rather have new members who are referred by current members, because you are smart people and you are probably friends with other smart people. So if you signup 4 new members, we’ll throw another $50 your way, and will keep doing so for every fourth paid referral. Again, this last perk is only for current members.





Site Changes

A few items you might not be aware of:

  • Our Links page has been updated to include some helpful information about options-friendly brokers. Hint: you won’t get far trading options with Scottrade (I know, I tried once).
  • You can edit your membership information, password, or subscription status at any time by going to your Member Page.
  • You can reach me (Jared) anytime I’m online through any of the major instant messaging services. See the Contact Us tab for more information.
  • For some of you, 2 posts a day and 250+ comments still isn’t enough, and you occasionally find yourself browsing through our archives, yearning for more. Well, today’s your lucky day: our archives now extend all the way back to January 2005! Note: if you come across any old posts that aren’t formatted properly, please let me know.




Confessions of a Phil’s Stock World Neophyte

[Ed: member gumbaphil submits:]

Confessions of a Neophyte “Phil Groupie”

“So, Cory old buddy, whadya get for your birthday???”

(I suppose I can use triple question marks…in keeping with the “Phil” lexicon)

“Well”, sez I, “I bought myself a subscription to PhilsStockWorld.com. Figgered I oughta find somethin’ interesting to do while recuperating from back surgery. Sitting is a might more comfortable than lying around in the bed doncha know; and I don’t care much for no soap operas on TV.”

“PhilStockWorld?…What’s that?

“Good question. I’ve been a member now for 12 trading days and it appears to be part Options trading education, part trading “hints” (he don’t give no “advice” since he’s not a registered securities “advisor”), and a whole batch o’ political and economic commentary”.

“That’s it? You just glue yourself to a computer monitor all day, and READ stuff?”

“No way man. I launch my Ameritrade Control Panel which is a poor man’s trading platform and do my best to mirror the stock option trades (hints) that Phil posts on his commentary Phorum. “

“And that’s not all either. I discovered that the second by second monitoring of some the more “risky” positions was an excellent way to test out this little heart rate monitor that my son gave me. So far, it sez I’ve registered about 99 million calories by just sittin’ at the keyboard.”

“So, ya made any money?

“Well…yes…and…no.”

“Whaddya mean yes AND no?

“Well, I FOLLOWED PHIL’S DISCIPLINED APPROACH on most trades, which is basically the 20% rule, and took my gains off the table. But I made the classic mistake of DENIAL on my oil PUTS and let my losses pile up, without directional protection, to the point that my losses on them may well exceed the gains on my closed positions.”

“HOWEVER, I still have some time on my side with those oil PUTS (Apr 21st) and I’m so d@&mn far underwater with them that I may let them ride and hope for a miracle.”

Here’s the 12 trading day breakdown:

Virtual Portfolio Balance $25,000  
CLOSED Positions (24)    
   Net Gain $3,870 15%
   Total position trades 24  
   Avg value per trade $600  
   Avg gain per trade $161  
   Avg


continue reading





Quick Note

We’re trying to improve the speed and reliability of the site, so the comment browser software is temporarily unavailable.  We’ll keep you posted.





New Comment Browser

Hi everyone. Today we’re introducing a new way to view comments on the members site – a special comment browser that you can download and run from your desktop. It works like this: simply follow this link, download the file available there, and then launch the application from your desktop. You’ll be presented with a login window – just use your normal login and password. From there the controls are pretty straightfoward.

This will save you from having to constantly refresh your browser window, and hopefully makes keeping up during the day a little bit easier. We’ve tested this version and it seems to work well, but if you encounter any bugs or problems, please do let us know.

Download

Many many thanks to member Stephane, who created and developed this application!





Poll

We really never expected to develop such a knowledgeable and convivial group of members so quickly. You all continue to surprise us, and as we grow we want to attact the kinds of members that will contribute to what we’re building here. So:

  1. As always, mentioning us to your friends and collegues is a great way to help build the community, and we do offer a generous affiliate bonus (get one month free for every 3 months your friend subscribes).




A Poll

No promises here - but we really would like to know what you'd like to see us add (if anything) in the future. If there's something we haven't thought of, just mention it in the comments.

Best,
Jared





Vista’s So-So Debut

In comments today we discussed how the launch of Microsoft’s Vista operating system was a "sell on the news" sort of event.

We already have our close calls off the table but we still have two longer plays and I came very close to closing out our April position on today’s dip but we already called a top there and sold the $30s for .95 against them, a call that, unfortunately for MSFT, seems to be on the money.

As with Apple’s IPhone announcement and, it seems, anything popular, there are always critics anxious to take them down.  Today it seems that it was time to complain about the fact that Vista doesn’t run certain downloadable games because they look like "malware," a form of virus that Vista’s beefed up security just says no to.

There was a noticeable lack of lines at the stores for the "Vista Release" as it turns out that most serious people who want it either got the beta months ago or simply downloaded it rather than sit outside Best Buy in freezing weather waiting for the store to open.  From the coverage given by the press, you would think Microsoft had remade Ishtar in 3-D!

We know Vista is already under attack in the EU, a rehash of that same old anti-trust suit that was such a yawner in 2003, 2004, 2005 and 2006.  IBM, Nokia, Sun Microsystems, Adobe, Oracle, Corel, RealNetworks , Linspire, Opera and Red Hat are all getting along on this issue – something needs to be done about Microsoft! 

"Vista is the first step of Microsoft’s strategy to extend its market dominance to the Internet," the ECIS statement said.  It said Microsoft’s XAML markup language was "positioned to replace HTML," the industry standard for publishing documents on the Internet. XAML would be dependent on Windows, and discriminatory against systems such as Linux, the group said.

"The end result will be the continued absence of any real consumer choice, years of waiting for Microsoft to improve—or even debug—its monopoly products and of course high prices," said Thomas Vinje, lawyer for ECIS, in the statement.  

I can’t say I really disagree with them.  While it’s good to have a "universal operating system" it is not good for it to ruthlessly crush competition and stomp out innovation.  Speaking of innovation – check out…
continue reading





Weekend Ramblings – always a work in progress!

Here’s a great chart from MyMoneyBlog – he was using it to point out, correctly, how homeowners are more or less in denial and we may be a long way from the bottom of that market (think about where you are with your own home’s price) but I think it applies to almost every stock we buy! 

altext

This is a great example of how the 20% rule can save you a fortune as you are generally not mentally prepared to sell when you give up 20% of your trade’s profits but that 40-60% pullback range runs smack-dab into denial and by the time you pass there, fear and desperation have you in their clutches, followed closely by panic, selling for a loss and depression.  ONLY BY TAKING IT OFF THE TABLE "EARLY" ARE YOU LIKELY TO EXPERIENCE "THRILL" AND "EUPHORIA," those are fleeting experiences with a stock (especially an option)  and are quickly replaced on the downside. 

Cash out early, cash out often – cash is good!

===================================================

I know we’re all weighed in with our opinions re. the Cisco/Apple IPhone dispute.  You know I only work with the best, so I went straight to Harvard Law, where they gave me the skinny as to what constitues trademark infringementKey points discussed are:

  • The standard is "likelihood of confusion."

    • Is it likely to cause consumer confusion as to the source of those goods or as to the sponsorship or approval of such goods?
  • Factors under consideration will be:

    • (1) the strength of the mark
    • (2) the proximity of the goods
    • (3) the similarity of the marks
    • (4) evidence of actual confusion
    • (5) the similarity of marketing channels used
    • (6) the degree of caution exercised by the typical purchaser
    • (7) the defendant’s intent

Apple knows all about trademark law, one of the most famous cases in trademark history is Apple Computers vs. Apple Records, an issue that resurfaced as Apple moved into the music business.  The bottom line is they already had all the best lawyers on the planet on speed-dial so don’t go
continue reading





 
 
 

Zero Hedge

Why Is Maduro Still Pushing The Petro?

Courtesy of ZeroHedge View original post here.

Authored by William Luther via The American Institute for Economic Research,

In a recent Wall Street Journal article, Mary Anastasia O’Grady writes that Venezuela’s “National Superintendency for the Defense of Socio-Economic Rights is reportedly pressuring stores to accept the government’s new digital fiat currency, the petro.” The Venezuelan government claims its digital...



more from Tyler

The Technical Traders

Is The Technology Sector Setting Up For A Crash? Part IV

Courtesy of Technical Traders

As we continue to get more and more information related to the Coronavirus spreading across Asia and Europe, the one thing we really must consider is the longer-term possibility that major global economies may contract in some manner as the Chinese economy is currently doing.  The news suggests over 700+ million people in China are quarantined.  This is a staggering number of people – nearly double the total population of the entire United States.

If the numbers presented by the Chinese are accurate, the Coronavirus has a very high infection rate, yet a moderately small mortality rate (2~3%).  Still, if this virus continues to spread throughout the world and infects m...



more from Tech. Traders

Phil's Favorites

Why Trump's post-impeachment actions are about vengeance, not retribution

 

Why Trump's post-impeachment actions are about vengeance, not retribution

President Trump fired Army Lt. Col. Alexander Vindman for testifying in his impeachment trial. AP Photo/Susan Walsh, File

Courtesy of Austin Sarat, Amherst College

Since the end of his Senate impeachment trial, President Donald Trump has carried out a concerted campaign against ...



more from Ilene

Biotech & Health

Deep learning AI discovers surprising new antibiotics

 

Deep learning AI discovers surprising new antibiotics

A colored electron microscope image of MRSA. NIH - NIAID/flickr, CC BY

Courtesy of Sriram Chandrasekaran, University of Michigan

Imagine you’re a fossil hunter. You spend months in the heat of Arizona digging up bones only to find that what you’ve uncovered is from a previously discovered dinosaur.

That’s how the search for antibiotics has panned out recently. The relatively few antibiotic hunters out there ...



more from Biotech

Kimble Charting Solutions

King Dollar Going To Lose Strength Here? Gold & Silver Hope So!!!

Courtesy of Chris Kimble

Is King$ and the Euro facing important breakout/breakdown tests at the same time? It looks like it in this chart!

The US$ trend remains up, as it has created a series of higher lows since the start of 2018. The opposite can be said for the Euro, as it has created a series of lower highs since early 2018.

The US$ is currently testing the top of its 18-month rising channel, as the Euro is testing the bottom of its falling channel.

What King$ and...



more from Kimble C.S.

Insider Scoop

The Daily Biotech Pulse: Heron Pain Drug Review Extended, Disappointment For Teva In Tourette Syndrome Study

Courtesy of Benzinga

Here's a roundup of top developments in the biotech space over the last 24 hours.

Scaling The Peaks

(Biotech Stocks Hitting 52-week highs on Feb. 19)

  • Adverum Biotechnologies Inc (NASDAQ: ADVM)
  • Akebia Therapeutics Inc (NASDAQ: AKBA)
  • Ana...


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

Digital Currencies

Altcoin season 2.0: why bitcoin has been outgunned by crypto rivals since new year

 

Altcoin season 2.0: why bitcoin has been outgunned by crypto rivals since new year

‘We have you surrounded!’ Wit Olszewski

Courtesy of Gavin Brown, Manchester Metropolitan University and Richard Whittle, Manchester Metropolitan University

When bitcoin was trading at the dizzying heights of almost US$2...



more from Bitcoin

ValueWalk

What US companies are saying about coronavirus impact

By Aman Jain. Originally published at ValueWalk.

With the coronavirus outbreak coinciding with the U.S. earnings seasons, it is only normal to expect companies to talk about this deadly virus in their earnings conference calls. In fact, many major U.S. companies not only talked about coronavirus, but also warned about its potential impact on their financial numbers.

Q4 2019 hedge fund letters, conferences and more

Coronavirus impact: many US companies unclear

According to ...



more from ValueWalk

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: Tuesday, 01 October 2019, 02:18:22 AM

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


Comment: Wall of worry, or cliff of despair!



Date Found: Tuesday, 01 October 2019, 06:54:30 AM

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


Comment: Interesting.. Hitler good for the German DAX when he was winning! They believed .. until th...



more from Chart School

Members' Corner

How to Stop Bill Barr

 

How to Stop Bill Barr

We must remove this cancer on our democracy.

Courtesy of Greg Olear, at PREVAIL, author of Dirty Rubles: An Introduction to Trump/Russia

...



more from Our Members

Lee's Free Thinking

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

 

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

Courtesy of  

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem.

Today, I got a note from Liquidity Trader subscriber David, a professional investor, and it got me to thinking. Here’s what David wrote:

Lee,

The ‘experts’ I hear from keep saying that once 300B more in reserves have ...



more from Lee

Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

more from M.T.M.

Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

...

more from Promotions





About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.