Phil's Stock World

LATEST ARTICLES ( 7475 )

• 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

• PhilStockWorld February Portfolio Review – Part 2

  

  Does trading have to be exciting? While the market remains at all-time highs, I remain skeptical and a lot of that is because I allowed myself to become... Read more

  Posted on 19 February 2021 BUSINESS, ECONOMICS

• PhilStockWorld February Portfolio Review

  $1,766,591! Our paired Long Short-Term Portfolios have gained $157,564 since our January Review and that is, of course, ridiculous and reflective of this... Read more

  Posted on 18 February 2021 BUSINESS, ECONOMICS

• Retail Wednesday – Is America Shopping?

  

  Retail Sales. They make up 60% of our GDP and December's Retail Sales were down 0.7% in December from the previous month, rather than up 3-4% as expected for th... Read more

  Posted on 17 February 2021 BUSINESS, ECONOMICS

• Tricky Tuesday – Futures Jacked Up During US Holiday to Fool Who?

  

  This is total BS! The S P 500 is up 40 points (1%) since Friday's close and the Dow is up 300 points, etc. on NO news and NO trading – just some last minute... Read more

  Posted on 16 February 2021 BUSINESS, ECONOMICS

• Thousand-Dollar Friday – Our Futures Shorts Pay off Nicely!

  

  Are we having fun yet? In Wednedsday's Live Trading Webinar, we discussed using $58.50 as a shorting line for Oil (/CL) Futures and we had a couple of small dip... Read more

  Posted on 12 February 2021 BUSINESS, ECONOMICS

• Faltering Thursday – Economy Shows Signs of Struggle

  

  Best Buy Is Cutting Some Store Workers’ Jobs, Reducing Hours Uber’s Food-Delivery Business, Cost Cuts Cushion Pandemic Hit Biden Administration Says Schools Hav... Read more

  Posted on 11 February 2021 BUSINESS, ECONOMICS

• Which Way Wednesday – Powell and the 10-Year Note

  

  Brother can you spare 410Bn dimes? That's what we need to sell in today's 10-Year Note Auction and, if you have $41Bn to spare for 10-years, our Government... Read more

  Posted on 10 February 2021 BUSINESS, ECONOMICS

• Tuesday Trouble at 2,300 on the Russell 2000

  

  Small Cap Stock. The kind that should give us an indication of the health of the broad economy but, according to the Russell 2000 this past year – 2020 could no... Read more

  Posted on 09 February 2021 BUSINESS, ECONOMICS

• Monday Market Momentum – Still Going Up

  

  Inflation! That's the new word driving the markets. Of course all this freshly-printed money was eventually going to spill out into the economy but, all of a... Read more

  Posted on 08 February 2021 BUSINESS, ECONOMICS

• Non-Farm Friday – Is America Working?

  

  This has not been a good trend. Since the ill-conceived Summer Walk-Out, when everyone decided the virus was no longer a threat.. Read more

  Posted on 05 February 2021 BUSINESS, ECONOMICS