Phil's Stock World

LATEST ARTICLES ( 7475 )

• PhilStockWorld February Portfolio Review

  $2,722,442! That is up $203,740 since our January 19th review of our paired Long and Short-Term Portfolios.and that was up $309,256 from December so we are... Read more

  Posted on 17 February 2022 BUSINESS, ECONOMICS

• BNN Money Talk Portfolio Review

  

  I will be on Bloomberg's Money Talk this evening. That means it's time to review our Money Talk Portfolio, a portfolio we only trade on the show so, roughly onc... Read more

  Posted on 16 February 2022 BUSINESS, ECONOMICS

• Turnaround Tuesday – Russia Pulls Back, Market Pulls Up

  

  Whatever the next rumor is. Now the market is running based on troop maneuvers in the Ukraine. Early this morning, Russia’s Defense Ministry said it had pulled... Read more

  Posted on 15 February 2022 BUSINESS, ECONOMICS

• Monday Market Madness – War Fears Send Us Back to the Lows

  

  This is certainly not going well: As I've been saying, it's more likely we're consolidating for a move down than a move up but we're still hanging on by a threa... Read more

  Posted on 14 February 2022 BUSINESS, ECONOMICS

• Friday’s Failure – Market is Still on the Road to Nowhere

  

  Still on that road to nowhere. Last Friday and the Friday before that, our bounce chart has looked like this: Dow 36,000 to 34,200 has bounce lines of 34,560... Read more

  Posted on 11 February 2022 BUSINESS, ECONOMICS

• Inflationary Thursday – CPI Report Colors Our Week

  We're waiting on inflation data this morning. CPI is expected to come in at 0.5% for January but October was 0.9% and November was 0.8% and December was 0. Read more

  Posted on 10 February 2022 BUSINESS, ECONOMICS

• Wednesday Recovery – Dow up 600, Nasdaq up 400 – Why? Why Not?

  

  What a ride! The Dow blasted up 600 points from yesterday's open, half of it since the markets closed last night and there's no actual reason for this – the... Read more

  Posted on 09 February 2022 BUSINESS, ECONOMICS

• Testy Tuesday – Nasdaq Fails 4,700 and Moves Lower

  

  Down we go again! It's important to have some perspective when contemplating the future so here is the Nasdaq's chart for the 21st Century, so far. Read more

  Posted on 08 February 2022 BUSINESS, ECONOMICS

• Monday Morning Markets

  

  We have a boring week ahead. That's good as it will give things a chance to settle down. There are only two Fed speakers scheduled (both Wednesday) and not... Read more

  Posted on 07 February 2022 BUSINESS, ECONOMICS

• Friday Fish Flop

  

  What is a fish flop? That's where you have a fish that is still alive on the deck of your boat and it's gasping and flopping – but soon to be dead. That is not... Read more

  Posted on 04 February 2022 BUSINESS, ECONOMICS

• Fallback Thursday – Meta Miss Makes Markets Move Lower

  

  And, just like that, we're testing Nasdaq 14,700 again. It's actually a good thing to test the bounce line from above – it can help give us confidence it will... Read more

  Posted on 03 February 2022 BUSINESS, ECONOMICS

• Which Way Wednesday – Oil Hits $90 and All is Well (get It? Well!)

  

  Sorry about that headline. But really, $90 a barrel is $4/gallon at the pump in even the cheapest states and we're back to paying $100 for a tank of gas. Read more

  Posted on 02 February 2022 BUSINESS, ECONOMICS

• Testy Tuesday – Back to Our Old Bounce Levels Already?

  

  Not so fast! While recent gains have been impressive, they have come on the back of a more than 1% pullback in the Dollar and, since stocks are priced in Dollar... Read more

  Posted on 01 February 2022 BUSINESS, ECONOMICS

• Monday Market Mania – Ending Our Worst Month Since March 2020

  

  "I was gonna pay my car and note until the market got high I wasn't gonna gamble on the boat but then the market got high Now the tow truck is pullin' away and ... Read more

  Posted on 31 January 2022 BUSINESS, ECONOMICS

• Failing Friday – Hedging the Dow for a 3,000-point Drop

  

  Was it all just a dream? How much of the rally of the past two years will be erased on this correction? The Dow has already fallen 3,000 points from it's... Read more

  Posted on 28 January 2022 BUSINESS, ECONOMICS

• Thursday Flip Flop – Futures Fake New Lows and Find a Bottom?

  

  It's been a rough couple of weeks. The Nasdaq once again hit the 13,500 line last night, after hearing a hawkish Fed conference from Chairman Powell, which is... Read more

  Posted on 27 January 2022 BUSINESS, ECONOMICS

• Wednesday Weakovery – Markets Bounce Ahead of the Fed

  

  This is what we call a weak bounce: The S P 500 fell 500 points in 2022 (so far) and now it's bouncing 20% of that drop, which is 100 points. Read more

  Posted on 26 January 2022 BUSINESS, ECONOMICS

• Testy Tuesday – Russell 2,000 Edition

  

  The madness continues. I don't have much that's new to say as I've said it all since Thanksgiving, when I warned that Omicron, Labor Unrest and Inflation were... Read more

  Posted on 25 January 2022 BUSINESS, ECONOMICS

• Monday Market Meltdown – Halftime Show

  

  As I said on Thurdsday – we were halfway there. We were at 15,200 on the Nasdaq Thursday morning and our long-predicted correction target of 15,000 was a... Read more

  Posted on 24 January 2022 BUSINESS, ECONOMICS

• PhilStockWorld January Portfolio Review – Part 2

  Thank God for hedges! As of Tuesday morning's review, we had $800,000 worth of hedges in our Short-Term Portfolio and suddenly, on Friday morning – we're alread... Read more

  Posted on 21 January 2022 BUSINESS, ECONOMICS