Phil's Stock World

LATEST ARTICLES ( 7465 )

• The Week Ahead – 3,350 is Critical for the S&P 500

  

  A death cross! A death cross is, according to Investopedia: The death cross is a technical chart pattern indicating the potential for a major selloff. Read more

  Posted on 28 September 2020 BUSINESS, ECONOMICS

• TGIF – Ending the Week With a Whimper

  

  Everything is proceeding as I have foreseen. In Monday's "The Week Ahead – 200,000 Deaths Weigh Heavily on the Market," we knew the 200,000th American death... Read more

  Posted on 25 September 2020 BUSINESS, ECONOMICS

• Transfer of Power Thursday – “A Continuation”

  

  "There won't be a transfer, frankly, there will be a continuation." Asked whether he would “commit here today for a peaceful transferral of power after the... Read more

  Posted on 24 September 2020 BUSINESS, ECONOMICS

• Weak Bounce Wednesday

  

  Not much is happening. Powell and Mnuchin's testimony to Congress did not help or hurt the markets, which are still bouncing from September's 10% drop (what, yo... Read more

  Posted on 23 September 2020 BUSINESS, ECONOMICS

• Terrible Tuesday – Powell Says US Faces Slow, Uncertain Recovery

  

  Powell testifies before Congress today. We already know what he's going to say though, as his testimony is pre-released. Not that that will stop the market... Read more

  Posted on 22 September 2020 BUSINESS, ECONOMICS

• The Week Ahead – 200,000 Deaths Weigh Heavily on the Market

  

  "At least one more cycle." That's what former FDA Commissioner Scott Gottlieb said he expects for the US as the virus moves into the fall and winter when,... Read more

  Posted on 21 September 2020 BUSINESS, ECONOMICS

• Philstockworld September Portfolio Review

  $1,199,597! That is DOWN $195,130 for our paired portfolios for the month, but still up over 100% for the year. We have a very large, very volatile bet on... Read more

  Posted on 18 September 2020 BUSINESS, ECONOMICS

• Faltering Thursday – Reality Rears It’s Ugly Head

  

  The truth. We don't get a lot of that in America these days. Remember when we used to pity the poor Russians, who were being fed misinformation by their... Read more

  Posted on 17 September 2020 BUSINESS, ECONOMICS

• Which Way Wednesday – Fed Edition

  

  And once again the Futures are up. As you can see from the S P chart, we have had some massive gaps up in the thinly traded open and then drifted down during... Read more

  Posted on 16 September 2020 BUSINESS, ECONOMICS

• Terrific Tuesday – S&P 3,420 Yet Again

  

  Up and up we go. As we discussed last week (when we failed at 3,420), 3,420 is our Strong Bounce Line and the 20% Line so we knew we were likely to re-test it... Read more

  Posted on 15 September 2020 BUSINESS, ECONOMICS

• The Week Ahead – If At First You Don’t Succeed…

  

  Try and try again. More stimulus, more "exciting" vaccine news, more money being tossed around. This time it's M A news with Oracle buying TikTok and NVidea... Read more

  Posted on 14 September 2020 BUSINESS, ECONOMICS

• Philstockworld August Portfolio Review

  $1,394,727! That's up $260,972 (23%) since June (up 132% for the year) as of Augst 18th and yes, I've had a very busy summer and haven't kept up on the review... Read more

  Posted on 13 September 2020 BUSINESS, ECONOMICS

• Faltering Friday – Wrapping Up the Weak Weak

  

  Well, that went about as expected. Remember, I can only tell you what is likely to happen in the markets and how to profit from it – the rest is up to you. Read more

  Posted on 11 September 2020 BUSINESS, ECONOMICS

• Thursday Failure at 3,420 – Are We Heading for a Real Correction?

  

  See how those lines work? As we very accurately predicted yesterday, before the market opened, stimulus talk was enough to get us to our 3,420 line on the S P... Read more

  Posted on 10 September 2020 BUSINESS, ECONOMICS

• Which Way Wednesday – More Stimulus Edition

  

  Well, that was predictable. How predictable? So predictable that I wrote on Sunday: Remember, the 5% Rule™ is not TA, TA is nonsense, the 5% Rule™ is MATH!... Read more

  Posted on 09 September 2020 BUSINESS, ECONOMICS

• Troubling Tuesday: Oil’s Not Well

  

  $6,000 per contract! That's how much our Members have made (so far) shorting oil off our August 26th "Hurricane Edition." when I said to our Members in the... Read more

  Posted on 08 September 2020 BUSINESS, ECONOMICS

• The Weak Ahead in the Markets

  

  No, it's not a typo – I meant weak! Last week we knew the Nasdaq was too toppy to hold 12,000 and, as hedges in our generally empty portfolio (since it's only... Read more

  Posted on 07 September 2020 BUSINESS, ECONOMICS

• TGIF – The Holidays Can’t Come Too Soon

  Wow, what a day! I know some of us forgot that markets don't always go up. As I have been warning you for quite some time, they can go down very violently... Read more

  Posted on 04 September 2020 BUSINESS, ECONOMICS

• Thrilling Thursday – Market Rampaging into the Holiday Weekend

  

  Chinese banks are under increasing stress. Profits are plunging at the fastest pace in at least a decade, bad debt has hit a record and capital buffers are... Read more

  Posted on 03 September 2020 BUSINESS, ECONOMICS

• Record High Wednesday – Up, Up and More Up

  

  WOW!!! What else can you say when the S P 500 is up almost 20% in two months? That's a pace of 120% annual gains, if we make that for 10 years we can turn... Read more

  Posted on 02 September 2020 BUSINESS, ECONOMICS