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.

See also: 

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

NYC's Housing-Market Weakness Spreads From Manhattan To The Outer Boroughs

Courtesy of ZeroHedge. View original post here.

Throughout vast swaths of New York City, members of the city's vast middle class work force can barely afford even a modest apartment. Yet for years after the post-crisis housing market recovery began, that reality did little to slow down the rise in home valuations as foreign capital and rock bottom interest rates fueled a buying frenzy, pushing rents ever-higher. But after citywide rents peaked in 2014, the NYC housing market, particularly the most expensive areas o...



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ValueWalk

#1 Performing Global Macro Hedge Fund Sees More Shorts Opportunities Ahead As China Bursts

By Jacob Wolinsky. Originally published at ValueWalk.

Crescat Global Macro Fund update to investors on 1/19/2019

Crescat Global Macro Fund and Crescat Long/Short fund delivered strong returns for both December and full year 2018 in a difficult market. Based on ...



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Phil's Favorites

Divisive economics

 

Guest author David Brin — scientist, technology consultant, best-selling author and futurist — explores the records of Democrats and Republicans on the US economy in the following post. For David's latest posts, visit the CONTRARY BRIN blog. For his books and short stories, visit his web...



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Kimble Charting Solutions

Stock declines did not break 9-year support, says Joe Friday

Courtesy of Chris Kimble.

We often hear “Stocks take an escalator up and an elevator down!” No doubt stocks did experience a swift decline from the September highs to the Christmas eve lows. Looks like the “elevator” part of the phrase came true as 2018 was coming to an end.

The first part of the “stocks take an escalator up” seems to still be in play as well despite the swift decline of late.

Joe Friday Just The Facts Ma’am- All of these indices hit long-term rising support on Christmas Eve at each (1), where support held and rallies have followed.

If you find long-term perspectives helpf...



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Digital Currencies

Transparency and privacy: Empowering people through blockchain

 

Transparency and privacy: Empowering people through blockchain

Blockchain technologies can empower people by allowing them more control over their user data. Shutterstock

Courtesy of Ajay Kumar Shrestha, University of Saskatchewan

Blockchain has already proven its huge influence on the financial world with its first application in the form of cryptocurrencies such as Bitcoin. It might not be long before its impact is felt everywhere.

Blockchain is a secure chain of digital records that exist on multiple computers simultaneously so no record can be erased or falsified. The...



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Insider Scoop

Cars.com Explores Strategic Alternatives, Analyst Sees Possible Sale Price Around $30 Per Share

Courtesy of Benzinga.

Related 44 Biggest Movers From Yesterday 38 Stocks Moving In Wednesday's Mid-Day Session ...

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Chart School

Weekly Market Recap Jan 13, 2019

Courtesy of Blain.

In last week’s recap we asked:  “Has the Fed solved all the market’s problems in 1 speech?”

Thus far the market says yes!  As Guns n Roses preached – all we need is a little “patience”.  Four up days followed by a nominal down day Friday had the market following it’s normal pattern the past nearly 30 years – jumping whenever the Federal Reserve hints (or essentially says outright) it is here for the markets.   And in case you missed it the prior Friday, Chairman Powell came back out Thursday to reiterate the news – so…so… so… patient!

Fed Chairman Jerome Powell reinforced that message Thursday during a discussion at the Economic Club of Washington where he said that the central bank will be “fle...



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Members' Corner

Why Trump Can't Learn

 

Bill Eddy (lawyer, therapist, author) predicted Trump's chaotic presidency based on his high-conflict personality, which was evident years ago. This post, written in 2017, references a prescient article Bill wrote before Trump even became president, 5 Reasons Trump Can’t Learn. ~ Ilene 

Why Trump Can’t Learn

Donald Trump by Gage Skidmore (...



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Biotech

Opening Pandora's Box: Gene editing and its consequences

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

 

Opening Pandora's Box: Gene editing and its consequences

Bacteriophage viruses infecting bacterial cells , Bacterial viruses. from www.shutterstock.com

Courtesy of John Bergeron, McGill University

Today, the scientific community is aghast at the prospect of gene editing to create “designer” humans. Gene editing may be of greater consequence than climate change, or even the consequences of unleashing the energy of the atom.

...

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Mapping The Market

Trump: "I Won't Be Here" When It Blows Up

By Jean-Luc

Maybe we should simply try him for treason right now:

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.

By Asawin Suebsaeng and Lachlan Markay, Daily Beast

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the nationa...



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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

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

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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.

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