Phil's Stock World

LATEST ARTICLES ( 7465 )

• TGIF – Stopping the Week Before It Gets Worse

  

  Wheeeee! Yesterday was fun, wasn't it? The Dow dropped 400 intra-day points – a 1.25% pullback as interest rates once again ticked higher – FREAKING investors... Read more

  Posted on 19 March 2021 BUSINESS, ECONOMICS

• Faltering Thursday – Powell Didn’t Promise Enough?

  

  How much is enough? Yesterday, Fed Chairman Jerome Powell essentially said the Fed will continue their Free Money Policy until 2023, which seems like a long... Read more

  Posted on 18 March 2021 BUSINESS, ECONOMICS

• Weakening Wednesday – Markets Turn Down Ahead of the Fed

  

  Wheeeee, isn't this fun? It sure is when you are prepared. We added a bunch of hedges on Friday to our Short-Term Portfolio and the two short Russell Futures... Read more

  Posted on 17 March 2021 BUSINESS, ECONOMICS

• 33,000 Tuesday – Dow Reaches for the Stars

  

  32,953. That's where the Dow closed last night after rallying from 32,500 at lunch. Why? We don't know – does it really matter anymore? Read more

  Posted on 16 March 2021 BUSINESS, ECONOMICS

• Monday Market Momentum – Up the Down Escalator

  Still going up – kind of. Sure we posted a record high on Friday, with the S P closing at 3,943.34 but we hit 3,950.43 on Feb 16th (right after the holiday, whe... Read more

  Posted on 15 March 2021 BUSINESS, ECONOMICS

• Forward-Looking Friday – Are We Hedged Enough?

  

  $1,862,265! That's a gain of $95,674 since our February Review for our paired Long Short-Term Portfolios. Our LTP is predominantly bullish and the STP is wher... Read more

  Posted on 12 March 2021 BUSINESS, ECONOMICS

• 13,000 Thursday – Nasdaq in Critical Territory

  

  13,146. That's the 50-day moving average on the Nasdaq that we need to cross back over by tomorrow or it's likely the Nasdaq continues to correct back to the... Read more

  Posted on 11 March 2021 BUSINESS, ECONOMICS

• Which Way Wednesday – Bond Worries Continue as US Borrows $2.8Tn in 2021

  

  Is there such a thing as too much? Our Government, so far, is looking to sell $2.8Tn worth of Treasury debt to unsuspecting victims in 2021 and that's up 64%... Read more

  Posted on 10 March 2021 BUSINESS, ECONOMICS

• $2,000,000,000,000 Tuesday – Now What?

  "Out of college, money spent See no future, pay no rent All the money's gone, nowhere to go" – Beatles Well, we got our $1.9Tn – that should hold us over for a... Read more

  Posted on 09 March 2021 BUSINESS, ECONOMICS

• Micro SOFT Security Monday – Chinese Hack Wrecks Tech

  

  We're under attack. At this very moment, a Chinese Government-backed hacking group has used Microsoft's EMail software to infect 60,000 Corporate Clients. Read more

  Posted on 08 March 2021 BUSINESS, ECONOMICS

• Non-Farm Friday – Is America Working?

  

  10M jobs. That's how many jobs we need to make up just to get back to where we were, which still wasn't full employment. Let's say those 10M people made an... Read more

  Posted on 05 March 2021 BUSINESS, ECONOMICS

• Free Lunch Thursday – Powell Scheduled to Boost Confidence at Noon

  

  What inflation? That's been the Fed's consistent message as they like to pretend they can print $9Tn in a single year – adding 25% to the money supply – and it... Read more

  Posted on 04 March 2021 BUSINESS, ECONOMICS

• Which Way Wednesday? Vaccines by May and $1.9Tn – So What?

  

  Still not enough? As I pointed out last week, these things don't happen in a vacuum and the vacuum at the center of the US economy really sucks. Read more

  Posted on 03 March 2021 BUSINESS, ECONOMICS

• Toppy Tuesday – Again?

  

  Last weeks was: "Toppy Tuesday – What More Can Powell Say or Do at this Point?" Today I can take the day off becuase here we are again, back at S P 3,900 along... Read more

  Posted on 02 March 2021 BUSINESS, ECONOMICS

• Just Another Manic Monday

  

  Up we go again! In the end, the S P 500 only made a weak retracement of the rally, back to the 3,800 line on the button, per our 5% Rule as we noted on Friday... Read more

  Posted on 01 March 2021 BUSINESS, ECONOMICS

• TGIF – The Weak Ends Just in Time

  

  Now oil is down 2.5%. Of course $62 is going to be bouncy, that's our shorting line and, according to the fabulous 5% Rule™, a 5% drop gives us 1% bounces (20%... Read more

  Posted on 26 February 2021 BUSINESS, ECONOMICS

• 32,000 Thursday – Dow Touches Another Record

  

  Dow 32,000! I guess it's time to read that book by Glassman and Hassett from 1999 – as that was their prediction at the time for where we'd be in 5 years. Sure... Read more

  Posted on 25 February 2021 BUSINESS, ECONOMICS

• What’s Next Wednesday – Powell Keeps It Easy but States Are Raising Taxes

  MORE FREE MONEY!!! That was the message from Fed Chair Jerome Powell yesterday as he told the Senate the the Fed would hold interest rates near zero pretty... Read more

  Posted on 24 February 2021 BUSINESS, ECONOMICS

• Toppy Tuesday – What More Can Powell Say Or Do at This Point?

  

  Here we are again. Indexes are still hovering around their all-time highs and Fed Chairman Powell is speaking to Congress. What is he going to say? Read more

  Posted on 23 February 2021 BUSINESS, ECONOMICS

• Monday Market Movement – The Weak Ahead

  

  $4,000,000,000,000.. That's how much the M2 Money Supply has grown (26%) in the past 12 months (vs around 5% in a typical year) and it's going to grow another... Read more

  Posted on 22 February 2021 BUSINESS, ECONOMICS