Phil's Stock World

LATEST ARTICLES ( 7465 )

• PhilStockWorld April Portfolio Review

  $1,967,325! We're going to need 2 Dr. Evils soon to equal our paired Long and Short-Term Portfolios, which began with $500,000 + $100,000 back on October 1st... Read more

  Posted on 16 April 2021 BUSINESS, ECONOMICS

• Thrilling Thursday – Up and Up We Go!

  

  Retail Sales are Up 10%. Isn't that exciting? 9.8% actually but close enough. In a typical month, Retail Sales average $550Bn so up 10% is $55Bn and we only... Read more

  Posted on 15 April 2021 BUSINESS, ECONOMICS

• Record-High Wednesday – Dow 33,600, S&P 4,140, Nasdaq 14,000

  

  Bank earnings are good. Well, Goldman Sachs (GS) and JP Morgan (JPM) are good, Wells Farge (WFC) – not so much. And I'm not sure I'd call JPM "good" as $5.2Bn o... Read more

  Posted on 14 April 2021 BUSINESS, ECONOMICS

• Troubling Tuesday – Another Shot Bites the Dust

  

  Now the FDA and CDC are halting the JNJ vaccine. Like the AZN vaccine, blood clots seem to be the issue and, though they are rare side-effects, better safe... Read more

  Posted on 13 April 2021 BUSINESS, ECONOMICS

• Mid-April Monday – Earnings Season Begins

  GDP estimates are down 40%. They never should have been at 10% in the first place but we can take the Fed's complete inability to accurately predict what will... Read more

  Posted on 12 April 2021 BUSINESS, ECONOMICS

• Fabulous Friday Finish

  

  $95,615! That's how much our Long-Term Portfolio has gained since our March 18th review and it's only April 9th! We only had $634,785 worth of positions on the... Read more

  Posted on 09 April 2021 BUSINESS, ECONOMICS

• Faltering Thursday – 744,000 People Lost Their Jobs Last Week

  

  744,000! That's AFTER another round of $1,400 checks went out AFTER passing another $2Tn Stimulus Bill and AFTER another round of Business Loans have been hande... Read more

  Posted on 08 April 2021 BUSINESS, ECONOMICS

• Which Way Wednesday – Fed Minutes and Fed Speak to Hold Us Up

  

  What are they so afraid of? Gravity, I guess, as the S P 500 is at 4,063 and the Dow is at 33,333, Nasdaq 13,561 and Russell 2,256. This isn't just high, this i... Read more

  Posted on 07 April 2021 BUSINESS, ECONOMICS

• No Top Tuesday – Is There Ever and End to This Rally?

  

  Up and up we go. It's truly amazing that the Nasdaq has actually doubled off the March lows and it only fell 30% in March so we're up almost 50% from our... Read more

  Posted on 06 April 2021 BUSINESS, ECONOMICS

• Monday Market Momentum – Still Heading Higher?

  

  Up and up we go. Of course Europe is closed on Easter Monday so it's a very low-volume affair and we'll have to see what sticks this week. We have a few early... Read more

  Posted on 05 April 2021 BUSINESS, ECONOMICS

• Happy Easter/Passover!

  

  Happy holiday! The markets are closed this morning but, for some reason, they are still releasing the Non-Farm Payroll Report, which is usually a market-mover. Read more

  Posted on 02 April 2021 BUSINESS, ECONOMICS

• Thrilling Thursday – Learning to Love the Stimulus

  

  Up and up we go. I have to tell you, Biden's "restrained" $2.3Tn (it gets bigger by the hour) Infrastructure Bill really hit the sweet spot for the US economy. Read more

  Posted on 01 April 2021 BUSINESS, ECONOMICS

• Want More Wednesday? How About Another $2,000,000,000,000?!?

  MORE FREE MONEY!!! That's right, we've barely had time to spend our last $1,400 and already Biden is tossing another $2Tn onto the fire for "Infrastructure"... Read more

  Posted on 31 March 2021 BUSINESS, ECONOMICS

• Toppy Tuesday – S&P 3,950 Again

  

  Commencing year number 59. It was my Birthday yesterday so I've been contemplating stuff. For one thing, if I had invested $1 per day in the stock market since... Read more

  Posted on 30 March 2021 BUSINESS, ECONOMICS

• Monday Market Movement – Archegos Liquidates

  

  Well we had our first Financial Disaster this weekend. The Financial press is painting over it as we don't want to upset people at the end of the quarter but... Read more

  Posted on 29 March 2021 BUSINESS, ECONOMICS

• TGIF – Working for the Weak End

  

  We're down for the week. You wouldn't think so, listening to the pundits but we started the week at 3,916 on the S P 500 (/ES) and this morning we're at 3,910. Read more

  Posted on 26 March 2021 BUSINESS, ECONOMICS

• Faltering Thursday – Powell and Yellen Fought Reality and Reality Won

  

  It was a nice try. As we discussed in Monday Morning's PSW Report (and if you want to know what's going to happen before it does – SUBSCRIBE HERE), Fed... Read more

  Posted on 25 March 2021 BUSINESS, ECONOMICS

• Whipsaw Wednesday – Merkel and Oil Reverse Course

  

  Reverse course! German Chancellor, Angela Merkel, has apologized for calling for a lockdown in Germany over Easter after her people FREAKED OUT (Easter is a ver... Read more

  Posted on 24 March 2021 BUSINESS, ECONOMICS

• Turn Back Tuesday – Europe Goes Back on Lockdown

  

  Gathering steam? “The recovery has progressed more quickly than generally expected and looks to be strengthening,” Powell said in prepared testimony to be... Read more

  Posted on 23 March 2021 BUSINESS, ECONOMICS

• Monday Market Movement

  

  Powell, Powell, Powell! You know the markets need a lift when they schedule Powell to speak but what kind of catastrophe are we trying to avoid when he's... Read more

  Posted on 22 March 2021 BUSINESS, ECONOMICS