Phil's Stock World

LATEST ARTICLES ( 7465 )

• Tax Hike Tuesday – Democrats Propose 5.5% More Corporate Taxes

  

  26.5%. That is the new Corporate Tax Rate if the Democrats get their way, up from the current 21% that none of them pay anyway. Read more

  Posted on 14 September 2021 BUSINESS, ECONOMICS

• Monday Market Movement

  

  4,490. That's the strong bounce line on the S P 500 according to our Fabuluous 5% Rule™ after falling 100 points to 4,450 last week, which gives us 20-point... Read more

  Posted on 13 September 2021 BUSINESS, ECONOMICS

• Friday Already?

  

  The 4-day work-week. I've long been an advocate for working 4 10-hour days instead of 5 8-hour days and, if this virus has taught us anything (other than the... Read more

  Posted on 10 September 2021 BUSINESS, ECONOMICS

• Fallback Thursday – Stocks Continue to Slide

  

  148,538 new cases yesterday. 1,537 deaths from Covid in Wednesday as we prepare to mark the 20th anniversary of 9/11, when 2,996 people died in a terrorist... Read more

  Posted on 09 September 2021 BUSINESS, ECONOMICS

• Wednesday Weakness – Investment Banks Shift US Equities to Underweight

  

  Finally they are catching up. Just 3 weeks after we moved our Member Portfolios to mostly CASH!!! positions, Investment Banks Morgan Stanley, Citigroup Inc.... Read more

  Posted on 08 September 2021 BUSINESS, ECONOMICS

• Tuesday Already – Kicking off a Short Week

  

  4,070,034. That's how many Americans have gotten Covid-19 in the past 28 days. Aside from being 1.3% of our population in less than a month, it's even more... Read more

  Posted on 07 September 2021 BUSINESS, ECONOMICS

• Non-Farm Friday – Is America Working?

  

  This is a nice graphic. I like it when I find an image that really simplifies something and shows you exactly how something complex works. Read more

  Posted on 03 September 2021 BUSINESS, ECONOMICS

• Flooding Thursday – New York Hit Hard by Hurricane Ida

  

  NYC looks like Venice! Untold Billions of Dollars of property damage is piling up in the Northeast and New York and New Jersey have declared states of... Read more

  Posted on 02 September 2021 BUSINESS, ECONOMICS

• Record-High Wednesday – Stop Worrying and Love the Rally?

  

  Up and up we go. We're hitting new record highs this morning but there's an awful lot of protective hedges being sold as traders are starting to cover their... Read more

  Posted on 01 September 2021 BUSINESS, ECONOMICS

• Money Talk Tuesday – Reviewing Our Televised Portfolio

  

  $195,900. That's up 95.9% in less than two years for our Money Talk Portfolio, the one we we only trade quarterly in our live appearances on BNN's Money Talk... Read more

  Posted on 31 August 2021 BUSINESS, ECONOMICS

• Monday Market Movement – Will There Be a Correction?

  

  50%. That's how much the indexes are up since 2019 yet only one sector in the S P 500 has actually grown 50% (Semiconductors) – despite $10 TRILLION worth of... Read more

  Posted on 30 August 2021 BUSINESS, ECONOMICS

• 4,400 Friday – Can Powell Add 100 Points?

  

  Not too impressive. Since we crashed the market last week by closing out some of our longs (in these low-volume markets – it doesn't take much), the S P 500... Read more

  Posted on 27 August 2021 BUSINESS, ECONOMICS

• Inflationary Thursday – Chip Prices Rise 20%, Electronics Will Have to Follow

  

  Taiwan Semiconductor (TSM)'s stock is up over 4% this morning as they raise the price of chips 10-20%. TSM is the World's largest chip-maker and inflation is a... Read more

  Posted on 26 August 2021 BUSINESS, ECONOMICS

• Wednesday Worries: Durable Goods, Investor Confidence and Business Uncertainty

  

  Durable goods are down 0.1%. That's down from up 0.8% last month. Notice we haven't had big numbers since last Summer and that's only because they measure... Read more

  Posted on 25 August 2021 BUSINESS, ECONOMICS

• Toppy Tuesday (Again) – S&P 500 Tests 4,500 (Again)

  

  Here come those tears again. An endless series of low-volume rallies is not enough to get you over a major level on the S P 500 so, once again, we are being... Read more

  Posted on 24 August 2021 BUSINESS, ECONOMICS

• Monday Market Movement – Back to Up Again

  

  And up we go – again. What Covid? What Afghanistan? What declining Consumer Confidence? None of this matters to the market yet the healine in today's WSJ is:... Read more

  Posted on 23 August 2021 BUSINESS, ECONOMICS

• Monday Market Movement – Wasted Spring

  Nowhere for 3 months. That's where we've gone with Q2 all but completed and that's a shame when we were just kissing all-time highs a couple of weeks ago but... Read more

  Posted on 21 June 2021 BUSINESS, ECONOMICS

• PhilStockWorld June Portfolio Review

  $2,147,243! That's actually DOWN $5,530 since our last review as our Short-Term Portfolio (our hedges) took a pretty good hit on the recent rally. Read more

  Posted on 18 June 2021 BUSINESS, ECONOMICS

• Thrill is Gone Thursday – QE Not Forever?

  

  Rates are going up. Finally it's not a matter of if, but when and that makes a lot of difference for a market that was not even pricing in if. Read more

  Posted on 17 June 2021 BUSINESS, ECONOMICS

• Which Way Wednesday – Fed Edition

  

  14,000 on the Nasdaq. We're actually over what we thought would be the top of our range as the P/E Ratio of the Nasdaq 100 crossed over 40 at 13,000 so 14,000 i... Read more

  Posted on 16 June 2021 BUSINESS, ECONOMICS