Phil's Stock World

LATEST ARTICLES ( 7475 )

• Terrific Tuesday – Jumping Higher in June

  

  We're flying higher this morning. Not for any particular reason other than the post-holiday volume is very low and it's easy to manipulate the market so why... Read more

  Posted on 01 June 2021 BUSINESS, ECONOMICS

• Fabulous Friday – Biden Throws Another $6Tn onto the Fire

  It's not about the money… It's about sending a message. And the message is: MORE FREE MONEY!!! That's right, if you liked stimulus and even more stimulus, you'r... Read more

  Posted on 28 May 2021 BUSINESS, ECONOMICS

• GDPhursday – Dollar Dead-Cat Bounce Drops Commodities

  

  Only down 5% (since April). The Dollar may have found a floor but probably not as it's down 5% in 50 days so up 1% (90.50) would be a weak bounce and 91. Read more

  Posted on 27 May 2021 BUSINESS, ECONOMICS

• Weakening Wednesday – Markets Drift Into the Holiday Weekend

  

  Not much going on in May. We started the month at 4,200 on the S P 500 (see "Testy Tuesday – S P 4,200 (again)" for the technical perspective) and this morning... Read more

  Posted on 26 May 2021 BUSINESS, ECONOMICS

• Testy Tuesday – S&P 4,200 (again)

  

  4,275. That's the 50% line from our S P 2,850 base. A base which is no longer valid as it doesn't include 0% Interest Rates, lower Corporate Tax Rates or... Read more

  Posted on 25 May 2021 BUSINESS, ECONOMICS

• The Week Ahead

  

  We held up well last week. We thought the Fed would talk down the markets but it was pretty much the opposite with the Fed minutes indicating that they are... Read more

  Posted on 24 May 2021 BUSINESS, ECONOMICS

• TGIF – Back Where We Started From to End the Week

  

  "Standing in the middle of nowhere, Wondering how to begin. Lost between tomorrow and yesterday, Between now and then. And now we're back where we started,... Read more

  Posted on 21 May 2021 BUSINESS, ECONOMICS

• PhilStockWorld May Portfolio Review

  $2,152,773! As I predicted in last month's review, we now need 2 Dr. Evils to sum up our LTP/STP balance as we've gained $185,448 since April 16th as both our... Read more

  Posted on 20 May 2021 BUSINESS, ECONOMICS

• Will We Hold It Wednesday – Nasdaq 13,000 Edition

  

  Here we are again. Last week, on "13,000 Thursday – Nasdaq Poised to Fail Critical Support" we talked about the non-transient inflation and how it will... Read more

  Posted on 19 May 2021 BUSINESS, ECONOMICS

• Monday Market Mania – Kaplan Speaks!

  

  There are 12 Fed speeches this week. 6 of them are by Robert Kaplan, who is the President of the Federal Reserve Bank of Dallas and was a Vice-Chairman at... Read more

  Posted on 17 May 2021 BUSINESS, ECONOMICS

• TGIF – Hedging for Disaster with Our Short-Term Portfolio Review

  

  Aren't you glad we added hedges last week? We did a review of our Short-Term Portfolio last week and our timing was excellent as this has been a rough week for... Read more

  Posted on 14 May 2021 BUSINESS, ECONOMICS

• 13,000 Thursday – Nasdaq Poised to Fail Critical Support

  

  "Transitory" Inflation is still here – month 5. While the Fed tries to convince us it won't last, inflation is soaring higher and higher and bonds are dropping... Read more

  Posted on 13 May 2021 BUSINESS, ECONOMICS

• Which Way Wednesday – Dow 34,000 Edition (again)

  

  Here we are again. After testing 33,900 last night, the Dow is back to 34,100 pre-market and we did spend April building a base at 34,000 so it should, at least... Read more

  Posted on 12 May 2021 BUSINESS, ECONOMICS

• Televised Tuesday – Money Talk Portfolio Update

  

  Down we go! As you can see from the chart, the Russell 2000 is almost back to where we were in March, which is only a bit above where we were in January, which... Read more

  Posted on 11 May 2021 BUSINESS, ECONOMICS

• Malware Monday – Cyber Attack Cuts off 45% of East Cost Fuel

  

  Uh oh. Colonial Pipeline, whose system transports fuel across the East Coast said Saturday that it had been victimized by a ransomware attack and that it had... Read more

  Posted on 10 May 2021 BUSINESS, ECONOMICS

• Non-Farm Friday – Is America Working?

  

  It's payroll time again. We added 916,000 jobs in March (adjustments pending) and under 1M added will actually be a disappointment for April but I think the pac... Read more

  Posted on 07 May 2021 BUSINESS, ECONOMICS

• Thursday – US Covid Cases Drop but India’s Cases Surge to New Highs

  

  Only 794 deaths yesterday. 45,085 people were infected and that's with 32% of the US population fully vaccinated and 45% having had at least one dose of the... Read more

  Posted on 06 May 2021 BUSINESS, ECONOMICS

• Whipsaw Wednesday – Back Where We Started From

  

  What a crazy week already. In the last 3 sessions, the Dow has gained 400 points, lost 400 points and now gained it again and all that only takes us back to... Read more

  Posted on 05 May 2021 BUSINESS, ECONOMICS

• Too Much Tuesday? Amazon Shows the Sky May Actually Be the Limit

  

  Down 10%? That's right, Amazon (AMZN) is down about 10% from that big post-market spike it took to 3,650 on 4/29 on the release of their earnings. Read more

  Posted on 04 May 2021 BUSINESS, ECONOMICS

• Monday Market Movement – Dow 34,000, S&P 4,200, Nasdaq 13,900 – Again

  How do we have so many strong openings and end up getting nowhere? The market has been churning at these highs for quite some time but we're not making any... Read more

  Posted on 03 May 2021 BUSINESS, ECONOMICS