Phil's Stock World

LATEST ARTICLES ( 3442 )

• Fabulous Friday Finish – S&P Back to 3,840 – As Planned

  

  Told you so! Last Friday we told you there would be a 2% bounce – back to 3,780 on the S P 500 and we closed yesterday at 3,790 so mission accomplished and now... Read more

  Posted on 24 June 2022 BUSINESS, ECONOMICS

• Follow-Through Thursday – S&P 3,840 is Our Next Stop on the Way Back to 4,000

  

  "Well, we know where we're goin' But we don't know where we've been And we know what we're knowin' But we can't say what we've seen" – Talking Heads We had a... Read more

  Posted on 23 June 2022 BUSINESS, ECONOMICS

• Which Way Wednesday – Powell Has Some Splainin’ to Do to Congress

  So you crashed the economy on purpose? We'll hear from Chairman Powell at 10am this morning as he testifies to Congress and, since last time he spoke... Read more

  Posted on 22 June 2022 BUSINESS, ECONOMICS

• Two Percent Tuesday – Weak Bounces Accomplished – Now What?

  

  Better late than never. I said on Friday, in a Report that was titled "5% Friday – Down Week Needs 2% Bounce Into the Holiday Weekend": Usually we're happy... Read more

  Posted on 21 June 2022 BUSINESS, ECONOMICS

• 5% Friday – Down Week Needs 2% Bounce Into the Holiday Weekend

  

  Happy Juneteenth! The US markets are closed on Monday and that could be a good thing because they certainly suck when they are open. Read more

  Posted on 17 June 2022 BUSINESS, ECONOMICS

• Federally F’d Thursday – Bonus Rate Hike Spooks Market

  

  I was wrong. I did not think the Fed would be stupid enough to hike rates 0.75% – effectively doubling their current rate in one meeting – especially after... Read more

  Posted on 16 June 2022 BUSINESS, ECONOMICS

• Wednesday Recovery? It’s Up to the Fed

  

  The Fed is not going to raise 0.75%. That would be 100% of where we are now – I don't see it happening and, just two weeks ago, they were uniformly saying 0.5%... Read more

  Posted on 15 June 2022 BUSINESS, ECONOMICS

• PhilStockWorld June Portfolio Review – Part 1

  

  What a time to have to review our Member Portfolios! Indexes are back at the lows – it's like taking a picture when nobody's ready – you KNOW it's going to... Read more

  Posted on 14 June 2022 BUSINESS, ECONOMICS

• Monday Market Movement – Dollar Tests New Highs, Markets Test New Lows

  

  Poor Bitcoin! It's back at $25,000 this morning, giving up all its gains since 2020 but, much, much worse, Crypto-Lender, Celsius, told users Sunday night that... Read more

  Posted on 13 June 2022 BUSINESS, ECONOMICS

• Inflationary Friday – CPI Data

  

  8.3%. If your income isn't rising that much then you are falling behind on inflation. That's as of the last CPI report and we get another one at 8:30 and, like... Read more

  Posted on 10 June 2022 BUSINESS, ECONOMICS

• Thursday Flip Flop – Indexes Go Up and Down in the Range

  

  "I'd like to be Under 4,160 In a weakly bouncing market, with you…" – Phil Ringo That's the song we've been singing since late last month as, again and... Read more

  Posted on 09 June 2022 BUSINESS, ECONOMICS

• Wrong Way Wednesday – World Bank and Fed Lower Their Economic Expectations –...

  

  2.9%. That's the new World Bank forecast for Global GDP growth and it's down 1.2% (29%) from their January estimate. Even worse, the World Bank does not expect... Read more

  Posted on 08 June 2022 BUSINESS, ECONOMICS

• Off-Target Tuesday – TGT Profit Warning Spooks Retail

  

  Buying habits are changing. This is not news to people who've been listening to our Live Trading Webinars for the past few months or followed along in our PSW... Read more

  Posted on 07 June 2022 BUSINESS, ECONOMICS

• Just Another Manic Monday

  

  This morning we are up. There's no news or no reason but we're bouncing a bit this morning after being down 1.2% on the S P 500 last week. Read more

  Posted on 06 June 2022 BUSINESS, ECONOMICS

• TGIF – Stop the Week, We Want to Get Off!

  

  4,132. That's where we started the week so all we have to do is not drop 40 points on the S P today and, AT LEAST, we can claim a positive week – short and... Read more

  Posted on 03 June 2022 BUSINESS, ECONOMICS

• 30-Year Thursday – Mortgage Rates Hit 5.5%

  

  5.5%. That's where morgage rates are this morning – up from 2.5% last year. If you have a home with a $400,000 mortgage at 3% interest rate, your monthly paymen... Read more

  Posted on 02 June 2022 BUSINESS, ECONOMICS

• Which Way Wednesday – Biden, Powell and Yellen Pledge to Fight Inflation

  

  “I’m not going to interfere with their critically important work.” That's what President Biden said yesterday when meeting with Jerome Powell and Janet Yellen,... Read more

  Posted on 01 June 2022 BUSINESS, ECONOMICS

• Tuesday Already? $120 Oil and $5 Gasoline Make a Miserable Return

  

  It was a fairly uneventful weekend. Except for one thing… China began to re-open and that additional anticipated demand sent Oil (/CL) prices soaring from... Read more

  Posted on 31 May 2022 BUSINESS, ECONOMICS

• Friday Inflection Point – Markets in Critical Territory Ahead of the Holiday

  

  We have to have a positive day to break the downtrend. Do you see that "W" that's forming for the month – broken W's are bad – you can see a broken W in... Read more

  Posted on 27 May 2022 BUSINESS, ECONOMICS

• GDPhursday – Nasdaq 12,000 Edition

  

  Nasdaq 12,000. If you recall, Nasdaq 5,000 was a big deal in 1999 and then we crashed and didn't get back there until late 2016, when Trump was elected and... Read more

  Posted on 26 May 2022 BUSINESS, ECONOMICS