Phil, I just wanted to say thanks for being there. The world needs more of you. Your site continues to positively change my life daily.
Chasw
Phil, Thanks for the long calls@ $ 85 on AAPL. A quick $4900. Paid for my subscription!!
Newthugger
WISH TO EXTEND A BIG THANK YOU! I netted about $18,000 on the short Jan puts and the annualized ROI/M is mind boggling! Hope to meet you some day and buy you and your significant other a nice dinner. Best Regards Newt
Newthugger
Best day ever trading the futures, thanks to Phil's excellent call this am, and his "play the laggard" instruction. Well done Phil!
Deano
All I can say is — I understand that the Universe sent me to PSW for a reason. So, I'm listening!! …and studying. Your commentary is literally outstanding. …and your members are impressive as well.
Seaquill
Phil - Moved today to send kudos. You're in my top 5 to see/read daily. I do not trade... but as former econ-finance adjunct faculty near Stanford U. I give you lots of attaboys.... and provide your links to many to spread some understanding of the mess we are in. Best to you and yours,
HJ Kobbeman
Phil, I followed your investing ideas in LTP quite closely. It seems your insightful fundamental analysis knowledge serves you v. well. I get entertained and they are profitable.
Investwizard
This site, for me, is where I have learned how to use options & futures. It is also where I get a constant flow of new ideas. In addition, it's great to know that I have many sources, mostly Phil, if I get lost in a trade. I have been here for 8 years, and am grateful to PHIL and fellow members. I manage about half a million, and although I may not always achieve what Phil does, I am not complaining. I have learned so much. Thank you Phil!
DClark41
Phil: well, often you say, just for FUN, great comment, TXS, closed 2 SKF positions, one with 10 % , the other with 6 % gain,
RMM
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
I have been reading the "free" PSW for about a year and have always liked Phil's style as it closely resembled the way I like to trade (mostly naked put options). I have been a paid subscriber for about 5 weeks and I have been learning a lot from Phil and other members. I had made some money on Phil's "free" ideas in the past and I joined because one of Phil's futures ideas paid for my subscription within the same day (NG). Phil deserved my subscription and I was eager to learn more. I just did a quick tally and within the last 5 weeks the ideas that I chose to follow from Phil generated over 25K in options profits and 12K in futures profits (some of my trades were more conservative than what Phil's had suggested). I have a lot to learn, experience and confidence to gain. Thanks again Phil and Successful Trading to all.
Verreaul
Hey Phil, Your HOV suggestion about 3 months ago basically paid for my Philstockworld subscription for years to come. My average cost is about $1.
Ether
Your discussion during your web seminar on SPX and SDS today was great. It really let me see how you look at the numbers and use the 5% rule to see where inflection points occur and what the bands look like. This was incredibly helpful. I actually sold out of my small short position at a good profit ( which was more a bet on a short term fluctuation rather than a hedge after listening to you) and will look more deeply at my portfolio and how to hedge it. In addition your view on hedging was also very helpful looking at the leverage you can get w/ a small spread, and protect portfolio against a big move against me. Thank you for your sharing this. Very helpful.
Batman
Nice intraday trading calls this week Phil. You have me hooked on trading SPY options analogously to your DIA moves. I paid some tuition the last few weeks but I think I have the hang of it. Don't be greedy and be happy with 0.05 to 0.10 and sometimes you're lucky with much bigger moves. Thanks for the training!
TmDecay
Simply the best blogger with the greatest group of members a person could surround himself with on trading day. I've been trading for quite some time now and the insights & suggestions offered by Phil and the members keep me on a continuous learning cycle.
DDay
I am about 1000 hours into learning about investing. While, I have tried other websites along the way, they don't teach or focus on selling premiums and certainly don't have your mindset. Anyway, I have a lot to learn and look forward to the new portfolios. So, thank ALL of you for being patient and teaching others how to "Be the House and not the Gambler"!
GrassHopper67
Phil - Another excellent teaching article - when you write like that it blows me away. Thank you! I had the ideas from earlier articles but what I didn't have was enough understanding. The familiarity of ideas through repetition, re-working, revision - over time - the variation, the pulling out of implications - it all contributes to understanding and mostly thats on the student - but a good teacher (worth their weight in gold) makes understanding a pleasure. I wanted to learn about trading options because it makes my brain feel better - fitter, healthier. Actually mostly it makes me happy to think about the trade and trading options. You are a good teacher and I know that or I wouldn't value the subscription the way I do. It pays for itself through the pleasure of understanding alone.
Redfern1
Well I want to thank P. Davis for his style and for the fact that he affirmed my thoughts for a correction. He was right and his confirmation of my bias saved me thousands. Mr. Davis is amoral when it comes to money. He realizes the poor are screwed but we must fight to win. A measure of sarcasm and dark humour and it is great reading. 100% right on the correction.
Chaffey
Very nice in and out on those USO puts again, easy way to get the subscription covered in just a couple of hours. Thanks again Phil and everyone here contributing to such intelligent and informative discussion! I have wasted countless hours reading "professional newsletters" and message board blather over the years. Have learned a great deal here in a very short time. I have sent out a number of invites to friends and family for stockworld!
Eyezz
I thank you for the years of being my teacher, always took the time to answer my questions. You are the BEST !
QCMike
Thanks for you guidance – Your "student" will be passing on the McMuffins and having Lobster dinners tonight!
Aquila
What a great post today, Phil. A veritable feast of ideas! I've been reading your posts for years and have modeled my whole trading style after yours. You should be taking 2 and 20 off of me at this point ????
Jablams
The legendary Phil Davis has done it again with his call to "get out of the market now" (12/05/2017). Congratulations Phil, and while I am at it, I again would like to Thank You for your advise given me in March '09, when you said "unless you believe the world is coming to an end, then get in this market with both feet"...... and what a ride that was !
1234gel
thanks for the DNDN recommendation last week phil. that was moneeeee….
Kwan
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
Being a bear is easy (and I am not convinced we are doing all that well on the whole as an economy), but one cannot fight the trend (didn't Phil say that a while ago)? Just cover, make 5-10-15-20% and move on. It really does add up by chipping away. All I can say is I am back to 2007 levels in my account b'f the crash with this run up and some very nice help on this board….so kudos to us (and me!!)…
Pharmboy
PHIL: The most important lesson I have learned is how to hedge using SQQQ, SDS and TZA. A big thanks.
IHS4God
I have definitely learned to take smaller wins early and be happy with that. Lately, I've aimed for $250 profit per day. Doing that daily/weekly x 48 weeks (assuming I take some time off) works out to 60k per year. That's a lot of money!! $250 moves happen all the time if you just wait for them.
JeffDoc
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
This is my first month here. Today was a money train with futures. I gained 7500 USD with KC, RB, CL, NG. I took RB almost every direction up and down. And I only used 1 contract or maximum 2. Thank you. I think it was a good investment to subscribe…
Kgabor
by ilene - March 8th, 2010 6:24 pm
Courtesy of Vince Veneziani at Clusterstock/Business Insider
Morgan Stanley just released a research report that painstakingly details the current state of our global economy.
Inside the 88-page report is a section called "Charts You Can’t Miss." It’s broken down in the following order of countries: Global economy, Europe, Asia (excluding Japan), and Japan. These charts focus on the underlying issues that truly affect our economy.
Credit spreads are at their highest levels ever post-Lehman and Germany’s industrial production is falling. Clearly there’s cause for concern.
If you’ve ever wanted a quick, comprehensive breakdown of the global marketplace, here’s your chance.
 Twitter
|
LinkedIn
|
 del.icio.us
|
|
by ilene - March 3rd, 2010 9:55 pm
More evidence that the public is not drinking the proverbial Kool Aid. See also my recent article, Volume – Hiding in Plain Sight. - Ilene
Courtesy of John Carney and Gregory White at Clusterstock/Business Insider
Charles Schwab has released their latest survey of independent investment advisors and it points towards an across the board increased conservatism on the part of most clients.
While hedge funds and investment banks might have made a killing on distressed and risky asset classes, the retail investor isn’t chasing those particular rabbits.
In fact, the report make a good case for continuation of the "new normal," with retail investors focused on savings over spending, security over risk, debt reduction over accumulation.
Of course, you never can tell whether the retail sector is an indicator of things to come or a contrary indicator pointing in the wrong direction.
Image: Charles Schwab
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - February 24th, 2010 10:59 am
Courtesy of Gus Lubin at Clusterstock/Business Insider
Greece’s finance minister George Papaconstantinou said last week that Greece is in a "terrible mess" but his government has the backing of the public to push through its package of austerity measures.
Wrong.
The first round of strikes were mostly peaceful: marches and rallies of the young and old.
But today the strikes turned violent.
Transportation unions are taking part, which means no one’s getting in or out of Greece.
See Also:
Now Over Half Of Greece Has Stopped Working In A Bid to Save The Economy From Market Forces
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - February 11th, 2010 12:41 pm
Courtesy of Gregory White at Clusterstock/The Business Insider
Source: Morgan Stanley
The EU Presidency has announced a deal to save Greece, but there’s no deal yet — just a statement.
This is following the TARP path still — lots of talk, little action, and deep political opposition.
So, who are the parties that are just praying for a deal to come through?
We’ve gone through the research to figure out the banking systems, insurance companies, and countries that will get slammed if it all falls through.
See also:
Bone Up On The 9 Possible Scenarios For A Greek Bailout (TBI)
Investors Place The Biggest Short Bet In The History Of The Euro (TBI)
Bailout? Greece Don’t Need No Stinking Bailout! (Phil)
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - February 10th, 2010 5:06 pm
Courtesy of Gus Lubin at Clusterstock/The Business Insider
.jpg)
Don’t expect Greeks to swallow their medicine willingly.
Civil servants in the massive default risk country launched a 24-hour strike today to protest government cutbacks. Mob chants included "We won’t pay for their crisis!" and "Not one euro to be sacrificed to the bankers!" according to the New York Times.
Strikes are a beloved tradition in many European countries, but they do make financial reform hard. Recently, Iceland refused payment on a financial crisis debt for fear of angering the population.
Air traffic controllers, customs and tax officials, hospital doctors and schoolteachers are involved in Greece’s strike. Needless to say, that means basically no economic progress in Greece today.
See Also:
Here’s The REAL Reason Germany Is So Hesitant About Bailing Out Greece
Roubini: The Greece Bailout Isn’t Enough, Ultimately Europe Is So Screwed That It Will Need The IMF
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - February 8th, 2010 11:39 am
Courtesy of Joe Weisenthal at Clusterstock/The Business Insider
What are banks doing with the billions upon billions of dollars they’ve taken from the taxpayer?
The St. Louis Fed has just updated its latest data on bank health and activity, and the charts paint a great picture of what’s really going on in our banking system.
The bottom line: lending is still tanking (unless you count lending to the government)
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - February 5th, 2010 4:51 pm
Courtesy of Vincent Fernando at The Business Insider/Clusterstock
Some might say that Toyota’s current crisis is a result of enormously bad luck, and they might be partly right.
Yet Toyota’s problems also appear to have been the result of a series of tiny flops, over and over, ranging from quality control to public relations disasters.
For example, it shouldn’t have taken until today for its CEO to address its safety matters in public
99% of your hard work is meaningless when 1% of the time you’re a complete joke.
We’ve put together a quick guide to the amazingly unfortunate serious of events that put Toyota into its current situation.
See Also:
Ray LaHood: WHOOPS, What I Really Meant To Say Is That You Should Get Your Toyota Fixed
Here’s How Safety Problems Savaged Toyota Shareholders
Apple Founder Woz: My Toyota Prius Accelerates To 97 MPH On Its Own, Scares The Hell Out Of Me
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - January 28th, 2010 2:35 pm
Courtesy of Clusterstock’s Lawrence Delevingne 
Davos is a crowded place this week.
Luminaries and assorted hangers-on are all jostling for attention at the World Economic Forum’s annual meeting. There are some 224 sessions over five days for opining on the future of the world, not to mention countless interview opportunities from hoards of reporters.
In short, there’s plenty said, most of it a huge snooze.
Here are the only 10 important things that have been said so far, including:
See Also:
Soros: ‘The Ultimate Asset Bubble Is Gold’
Saudi Oil CEO Comes Out Swinging In Davos: ‘We Don’t Believe In Peak Oil’
Davos Goers Still Having Way More Fun Than You
Image: WEF/Monika Flueckiger
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - January 22nd, 2010 1:27 pm
Courtesy of Gregory White and John Carney at Clusterstock
Many financial shares tanked yesterday after President Barack Obama proposed rules that would limit the types of trading banks can do with their money.
Tightening the rules on risk-taking and trading will likely hurt profits at some banks. But the pain won’t be spread evenly across the financial sector.
Some banks, especially smaller regional banks that haven’t gone in for the prop trading and hedge fund investing that forms the core of some Wall Street banks, probably won’t be touched by this
Obama also said he would crack down on bank consolidation and seek to limit the size of banks.
All eyes immediately turned to big financial institutions like Bank of America, Citigroup Inc. and JPMorgan Chase & Co. are structured. Each of their stocks dropped more than 4 percent.
But what about Morgan Stanley and Goldman Sachs? Can they abandon their prop trading? Can they avoid the regulations?
We delved into the regulations to see who we think will come out ahead and who will take a beating.
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
by ilene - January 15th, 2010 11:39 am
Courtesy of Vince Veneziani at The Business Insider/Clusterstock
This morning’s JPMorgan (JPM) earnings report helped to reinforce the conventional wisdom that the worst is over and that the banking system is wobbly but on the mend.
But what if that’s not so.
A recent report from Deutsche Bank’s Bill Prophet, entitled "Alternative Universe," foretells a story of approaching disaster and even goes so far as to say "the health of the US commercial banking system will inevitably get worse before it gets better. And this has undeniable consequences for the rates market, if not Fed policy."
The reason? Bank balance sheets have hardly shrunk at all. This applies to both commercial and residential real estate.
Says Prophet on RMBS:
Nevertheless, we find it inconceivable that these assets are being marked anywhere close to their recoverable value, and the reality is that commercial bank exposure to them is as large now as it was 12 months ago. And in fact when we look at the entire $2tr portfolio of residential real estate assets on bank balance sheets (which would of course include the home-equity loans shown above), we reach a similar conclusion. Namely, as of the end of Q3-’09, the value of “home mortgage” assets has declined by just 1.6% from the end of ‘08 (see Chart 7). Similar to CRE, these assets could be worth hundreds of billions of dollars less than where they are currently being marked.
|
Twitter
|
LinkedIn
|
del.icio.us
|
|
September 21st, 2018 1:44 am
Why do so many people fall for fake profiles online?
Do you want to be friends with this person? Sasun Bughdaryan
Courtesy of Arun Vishwanath, University at Buffalo, The State University of New York
The first step in conducting online propaganda efforts and misinformation campaigns is almost always a fake social media profile. Phony profiles for nonexistent people worm their way into the social networks of real people, where they can spread their falsehoods. But neither social media companies nor technological innovations offer reliable ways to iden...
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. She manages the site
market
shadows, archives,
more.
Contact Ilene to learn about our affiliate and
content sharing
programs.
German
Spanish
French
Italian
Portuguese
Japanese
Korean
Russian
Chinese