Phil's Stock World

LATEST ARTICLES ( 7475 )

• 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

• What Now Wednesday – Looking for Direction, Waiting for Disaster

  

  We're on very shaky ground. The World is reeling from crisis to crisis and shortages are piling up and that's causing companies to issue warnings about future... Read more

  Posted on 25 May 2022 BUSINESS, ECONOMICS

• Testy Tuesday – Will Powell Save the Day Or DOOM Us All?

  

  As I was saying last week: Phil: “This is a correction, not a pullback” Back on May 5th, the day before I left for Vegas, I reminded our Members on "Federally... Read more

  Posted on 24 May 2022 BUSINESS, ECONOMICS

• Davos Drives Dollar Down – Markets Pop

  

  Down 1%. That's a huge move for the Dollar and it's only 7am. The 2022 World Economic Forum kicked off this morning in Davos, Switzerland for the first time in ... Read more

  Posted on 23 May 2022 BUSINESS, ECONOMICS

• PhilStockWorld May Portfolio Review

  $2,693,308! That is down $315,599 (10.5%) in our paired Long-Term and Short-Term Portfolios since our April 14th review. That is EXACTLY where we want to be as... Read more

  Posted on 20 May 2022 BUSINESS, ECONOMICS

• Finally Thursday – S&P 500 Hits Our 3,840 Target – Ironically on TGT Guidance

  

  We're happy because we are in CASH!!! We've had all of our Member Portfolios mainly in CASH!!! all year long, WAITING for this correction and it's finally here. Read more

  Posted on 19 May 2022 BUSINESS, ECONOMICS

• BNN Money Talk Portfolio Review

  

  I love the Money Talk Portfolio! It's a real test of skill since we can only do adjustments on show days and tonight I'll be on Money Talk (Bloomberg, Canada) a... Read more

  Posted on 18 May 2022 BUSINESS, ECONOMICS

• Turnaround Tuesday – Retail Sales Provide a Boost

  

  0.9%! That's the rate this month in the 4th straight month of increases in Consumer Spending as April keeps it going for the year. As Inflation is 8.3%... Read more

  Posted on 17 May 2022 BUSINESS, ECONOMICS