Phil's Stock World

LATEST ARTICLES ( 7475 )

• Faltering Friday – We’re on the Road to Nowhere

  

  "Well, we know where we're goin' But we don't know where we've been And we know what we're knowin' But we can't say what we've seen We're on a road to nowhere... Read more

  Posted on 30 April 2021 BUSINESS, ECONOMICS

• GDPhursday – Will the Data Match the Best 100 Days Since the Great Depression?

  

  Franklin D. Roosevelt. That's the last President to have a 10% stock market gain in his first 100 days in office. The index is on course for its strongest... Read more

  Posted on 29 April 2021 BUSINESS, ECONOMICS

• Which Way Wednesday – Fed Edition (plus Another $1.8Bn from Uncle Joe)

  

  $1.8 Billion! That's right, it's been more than a month since we got our last $1.9Bn in stimulus so tonight President Biden will propose another... Read more

  Posted on 28 April 2021 BUSINESS, ECONOMICS

• Toppy Tuesday – Are Earnings Enough to Drive Us Higher?

  

  Inflation is everywhere. As you can see from the B of A chart on the right, 13% of the conference calls have mentioned inflation as a key factor going forward... Read more

  Posted on 27 April 2021 BUSINESS, ECONOMICS

• Monday Market Movement – Virus and Markets Are Surging – Why Worry?

  

  774,404 Global cases per day. That's up 15% from the beginning of April and a new record for planet Earth, despite 1Bn shots being distributed around the World. Read more

  Posted on 26 April 2021 BUSINESS, ECONOMICS

• TGIF – A Wild Week Winds Down

  

  The pause that refreshes or the end of the trend? It's been a rough week for the market and we're finishing off lower than we started after Biden announced... Read more

  Posted on 23 April 2021 BUSINESS, ECONOMICS

• 34,000 Thursday – Dow Back to Testing the Highs

  

  15% over the 200-day moving average is a rare thing. That's where we are now on the Dow, which is over 34,000 again. Are things really 15% better than they... Read more

  Posted on 22 April 2021 BUSINESS, ECONOMICS

• Weakening Wednesday – Inflation Clouds Earnings Reports

  

  Inflation is everywhere. Coca-Cola (KO), Proctor and Gamble (PG) and others have discussed raising prices in response to rising input costs for their products... Read more

  Posted on 21 April 2021 BUSINESS, ECONOMICS

• Testy Tuesday – Trouble at Dow 34,000?

  

  What a run we've had! The Dow is up almost 100% from last year's low at 18,200 and we are 12.5% higher than the record high of just under 30,000 – right before... Read more

  Posted on 20 April 2021 BUSINESS, ECONOMICS

• Monday Monetary Meltdown – Velocity of Money Crosses a Dangerous Threshold

  

  How is this a good thing? Clearly, it's not. Money is simply not being spent in our Economy and that's not the sign of a healthy economy. Read more

  Posted on 19 April 2021 BUSINESS, ECONOMICS

• 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