Posts Tagged ‘Sports’

Tiger Is Doubling Down On Buddhism To Get Over His Sex-Addiction

Good for Tiger, and maybe even Buddhism.  Sometimes it takes a life-changing disaster to find a healthier course. We hope Buddhism will help Tiger achieve the hole in one he’s looking for so he can keep his putter in his bag. – Ilene 

Tiger Is Doubling Down On Buddhism To Get Over His Sex-Addiction

Courtesy Jay Yarow at Clusterstock/Business Insider

tiger woods conf 4

Tiger Woods just announced plans to focus more on Buddhism to help him get his life together.

This will no doubt disappoint Brit Hume, who infamously suggested Tiger use Christianity to get over his sex addiction.

Tiger says he’s heading back to rehab, and he’ll use the religion to find his center.

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Tiger Apologizes, Has No Immediate Comeback Plans

Courtesy of Joe Weisenthal at Clusterstock/Business Insider  

 

Below is our just-concluded liveblog of the Tiger Woods apology.

The key points:

  • He’s sorry.


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Tiger Woods Is Headed To Rehab For Sex Compulsion

Yep, no surprises here.  – Ilene

Tiger Woods Is Headed To Rehab For Sex Compulsion

Tiger On BedCourtesy of John Carney at Clusterstock/Business Insider

Tiger Woods is reportedly planning to go into rehab in Arizona for treatment for ‘sexual compulsion’ and his use of Vicodin painkillers and Ambien sleeping pills.

This, of course, is the way everyone knew this scandal would end.

The news was reported by the British tabloid The Daily Mail.

 


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Tiger-gate

Courtesy of The Business Insider

IT BEGINS: Gatorade Discontinues Tiger Line

By Joe Weisenthal

tiger woods gatoradeJust in from CNBC: Gatorade says it is discontinuing its "Gatorade Tiger Focus" product line.

"It has nothing to do with recent events," the company says, laughably.

Of course, they’re still sponsoring him, so it’s not a total cut-off.

But this is just the beginning of the damage about to be inflicted on Woods’s very fat pocketbook.

Tiger Woods is now associated with pornstars, domestic disputes, and the hospitalization of his mother-in-law. In other words, he’s toxic.

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Will "Morals" Clauses Impact Tiger’s Endorsements?

By Erin Geiger Smith, courtesy of The Business Insider

Nike supports Tiger and his family. Our relationship remains unchanged."

Such was Nike’s statement last Wednesday, when we were just a few days (and a few mistresses) into the Tiger Woods scandal.

Nearly a week (and numerous mistresses) later, news came from CNBC that one of Woods’s sponsors, Gatorade, is discontinuing one of its products connected to golf’s biggest star.

Gatorade said the decision had "absolutely nothing to do with recent events," and there is evidence it actually was not scandal-related ("[I]ndustry trade Beverage Digest actually reported the discontinuation of the Gatorade Tiger Focus line on Nov. 25, two days before the accident occurred, CNBC reported).

But as the scandal continues to unfold and additional allegations pour out, no doubt Woods’s sponsors are holding closed door meeting to decide how to move forward.

Woods’s endorsement deals are a massive part of his income.  He is projected to surpass $1 billion in career earnings by 2010, 90% of which will have come from endorsements.

One phrase that is being tossed around is "morals clause." While Woods’s alleged behavior may be morally objectionable to many, that has nothing to do with how "moral" may be legally defined in his various contracts.

Fernando Pinguelo, who has written about morals clauses, said that, like all contract negotiations, the "leverage the ‘talent’ has in a particular deal," as well as the capabilities of his agent, will direct what the clause says. Woods, of course, had maximum bargaining power and top tier representatives.

tiger woodsThough he has not seen any of Woods’s contracts, he speculated that any morals clause would be quite…
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No Way Out For Tiger Woods Other Than The Truth

Wondering what’s been going on with Tiger?

No Way Out For Tiger Woods Other Than The Truth

Courtesy of Henry Blodget at Clusterstock

tigerwoods2 tbiAnother day of silence has left Tiger and Elin Woods with only one option about how to deal with the car crash: Tell the world exactly what happened, and soon.

Of all the stories and speculation that are swirling around, this one from TMZ seems to fit the facts the best.  It’s based on a conversation Tiger reportedly had with a friend yesterday.

We’re told he said his wife had confronted him about reports that he was seeing another woman. The argument got heated and, according to our source, she scratched his face up. We’re told it was then Woods beat a hasty retreat

for his SUV — but according to our source, Woods says his wife followed behind with a golf club. As Tiger drove away, she struck the vehicle several times with the club…

Tiger then became distracted and hit the hydrant and then a nearby tree.

We’re also told Woods had said during the conversation Friday he had been taking prescription pain medication for an injury, which could explain why he seemed somewhat out of it at the scene.

Startling stuff?

Yes.

But also survivable.

If Tiger was, in fact, scratched and knocked unconscious by his furious wife, Tiger will have paid for whatever mistake he made in a way that most public figures who make that mistake don’t.  This will earn him some sympathy.  Remaining silent for a day to protect Elin will earn him even more.

Elin, meanwhille, appears to have stood up for herself, which will win her some points, too (although not for the manner in which she did it).  People have little respect for the typical stand-by-your-man approach to these things, and the facts suggest Elin may have taken a different route.

What won’t work is a vague reiteration of what Tiger’s camp said on Friday: That Tiger just had a minor car accident. 

The police will get to the bottom of what happened, and unless TMZ is just fabricating sources (we doubt it), Tiger appears to have offered at least one person a more complete and believable version of events. 


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Zero Hedge

Iran's Supreme Leader Says Trump Will "Vanish From History" In Response To Pompeo's "12 Requirements"

Courtesy of ZeroHedge. View original post here.

Iran's leadership heightened its rhetoric in response to Secretary of State Mike Pompeo's bellicose speech given at the Heritage Foundation in which he outlined 12 "basic requirements" issued to Iran in the wake of Trump's pulling the US from the 2015 nuclear deal.

Pompeo's list included demands that Iran withdraw from Syria, release all US citizens, stop enrichment of uranium, end support for anti-Saudi Houthi fighters in Yemen, and allow "unqua...



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Digital Currencies

How the US Government Could Effectively Use Crypto

The US government could start, or officially endorse an existing crytpo coin. What they would do is build a fee into the software protocol that went to a single address that they control. This is effectively a tax. The fee could be a transaction fee, a percentage of the next block award, or a combination of both. How this works is every single transaction that occurs everywhere wihtin the system, the fee scalped goes directly to this single address that is owned by the IRS, in this case, the "New-IRS." Forget postcards. We're down to a single dude in one office chair in front of one computer. Imagine that being the IRS, because that's where this is going. The consequences of this mechanism are dramatic. First off the IRS is now one guy. Granted, this guy controls the private key for the most valuable thing in the world. This key would be the single most important key right up there with the nuclear launch code, but the system would most definitely still work. More strikingly, the US...

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Phil's Favorites

New Animal Spirits: What it takes to be wealthy

 

New Animal Spirits: What it takes to be wealthy

Courtesy of 

Michael and Ben’s new episode of Animal Spirits is out today, and it’s awesome as usual. If this isn’t part of your weekly routine yet, I don’t even know what to tell you at this point. No one is covering more interesting topics and blowing up like this podcast is.

This week’s topics:

  • Are Jack Bogle and Vanguard actually underrated?
  • Why closet indexing will never die.
  • Why money is flowing out of growth funds even though they’ve outperformed. ...


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Insider Scoop

Benzinga's Daily Biotech Pulse: Insmed Presents Data, Pfenex Pulls Back On Offering, Oncolytics Listing

Courtesy of Benzinga.

Related IBB Benzinga's Daily Biotech Pulse: Melinta, Ardelyx Pull Back On Offerings, Insys Awaits FDA Verdict ...

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Chart School

Wide Market Cycle Review

Courtesy of Read the Ticker.

Lets review some big market cycles, to see where cycle pressure is building or peaking.

Cycles are like long term trend lines and are great for the long term view, of course price action leads (Wyckoff Logic) before cycles.

Lets go ...

US 10 yr: Trending higher to 4% ... Ouch. Inflation moving from Wall Street to Main Street.

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The EURO looks to bottom (USD topping).

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SSEC looks forward to another pump up to save the SP...

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Biotech

Could this be the year for a Canadian Breakthrough Prize in Life Sciences?

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

 

Could this be the year for a Canadian Breakthrough Prize in Life Sciences?

Courtesy of John Bergeron, McGill University

In 2013, Kyoto University’s Shinya Yamanaka was awarded one of the first Breakthrough Prizes in Life Sciences for his discovery of “induced” stem cells that enabled researchers to convert adult cells back into stem cells.

The Breakthrough Prize is not to be sneezed at. Founded in 2013, the prize “honours transformative advances toward understanding living systems and extending human life.” It’s also the most financially attractive aw...



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ValueWalk

Buffett At His Best

By csinvesting. Originally published at ValueWalk.

Bear with me as I share a bit of my history that helped me create SkyVu and the Battle Bears games. The University of Nebraska gave me my first job after college. I mostly pushed TV carts around, edited videos for professors or the occasional speaker event. One day, Warren Buffet came to campus to speak to the College of Business. I didn’t think much of this speech at the time but I saved it for some reason. 15 years later, as a founder of my own company, I watch and listen to this particular speech every year to remind myself of the fundamentals and values Mr. Buffett looks for. He’s addressing business students at his alma mater, so I think his style here is a bit more ‘close to home’ than in his other speeches. Hopefully many of you find great value in this video like I have. Sorry for the VHS...



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Kimble Charting Solutions

The Stock Bull Market Stops Here!

 

The Stock Bull Market Stops Here!

Courtesy of Kimble Charting

 

The definition of a bull market or bull trends widely vary. One of the more common criteria for bull markets is determined by the asset being above or below its 200 day moving average.

In my humble opinion, each index above remains in a bull trend, as triple support (200-day moving averages, 2-year rising support lines, and February lows) are still in play ...



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Members' Corner

Cambridge Analytica and the 2016 Election: What you need to know (updated)

 

"If you want to fundamentally reshape society, you first have to break it." ~ Christopher Wylie

[Interview: Cambridge Analytica whistleblower: 'We spent $1m harvesting millions of Facebook profiles' – video]

"You’ve probably heard by now that Cambridge Analytica, which is backed by the borderline-psychotic Mercer family and was formerly chaired by Steve Bannon, had a decisive role in manipulating voters on a one-by-one basis – using their own personal data to push them toward voting ...



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Mapping The Market

The tricks propagandists use to beat science

Via Jean-Luc

How propagandist beat science – they did it for the tobacco industry and now it's in favor of the energy companies:

The tricks propagandists use to beat science

The original tobacco strategy involved several lines of attack. One of these was to fund research that supported the industry and then publish only the results that fit the required narrative. “For instance, in 1954 the TIRC distributed a pamphlet entitled ‘A Scientific Perspective on the Cigarette Controversy’ to nearly 200,000 doctors, journalists, and policy-makers, in which they emphasized favorable research and questioned results supporting the contrary view,” say Weatherall and co, who call this approach biased production.

A second approach promoted independent research that happened to support ...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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About Phil:

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

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About Ilene:

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.

Market Shadows >>