Phil's Stock World

LATEST ARTICLES ( 7475 )

• Record-High Wednesday, Again

  

  Up and up we go. The S P 500 is up 12% since the end of June and that's nothing compared to the Nasdaq but the Nasdaq is just silly now and so are the other... Read more

  Posted on 19 August 2020 BUSINESS, ECONOMICS

• 22M Tuesday – Global Infections March On

  

  21,913,816. It's hard to believe we are living through the 2nd worst pandemic since the Black Plague (so far) and the stock market is at an all-time high. Read more

  Posted on 18 August 2020 BUSINESS, ECONOMICS

• Just Another Manic Monday

  

  OVER 1/2 of US housholds have lost some income since March. OVER 1/3 expect to lose more in the next 30 days. Jobs have been furloughed, businesses closed, hour... Read more

  Posted on 17 August 2020 BUSINESS, ECONOMICS

• 1933 Friday – Best 100 Days Since the Great Depression – Markets Love Mayhem!

  

  Here we go again? The last time the S P gained 50% in 100 days was on the bounce off the first leg of the great Depression. Read more

  Posted on 14 August 2020 BUSINESS, ECONOMICS

• 3,350 Thursday

  

  The S P 500 topped out yesterday at 3,387. That was just shy of the 3,393 high we hit in February, the day before we plunged 1,200 points (35%) over the next... Read more

  Posted on 13 August 2020 BUSINESS, ECONOMICS

• Which Way Wednesday – Market Swings Getting Wilder

  

  Wheeee, this is fun! On the whole, the Nasdaq has only fallen 150 points since Monday's open but it's had drops of 50 points, 200 points and 300 points in 3 day... Read more

  Posted on 12 August 2020 BUSINESS, ECONOMICS

• 20 Million Tuesday, 28,000 Tuesday – Record Infections, Record Highs

  

  Why didn't we think of this before? A deadly virus sweeping the planet is GREAT for the stock market! There we were trying to keep stores open and going to... Read more

  Posted on 11 August 2020 BUSINESS, ECONOMICS

• Monday Morning Markets – Moving Past 5 Million Virus Cases

  

  5,045,564. That's how many cases the US officially has (not that we are counting). 162,938 Americans are dead, that's much harder to cover up. Read more

  Posted on 10 August 2020 BUSINESS, ECONOMICS

• Friday Federal Failure – Congress Takes a 3-Day Weekend Without Fixing Anything!

  WTF? The unemployment benefit boost ran out last Friday and, all week, we were told Congress was making progress towards a new stimulus bill and President Trump... Read more

  Posted on 07 August 2020 BUSINESS, ECONOMICS

• Faltering Thursday – Jobs Disappear and Take Market Highs With Them

  

  695,000. That was the most people ever laid off in a single week in the US, way back in 1982. In March, layoffs peaked out at 6.9M in a single week and, for... Read more

  Posted on 06 August 2020 BUSINESS, ECONOMICS

• Will We Hold It Wednesday – Dow 27,000 Again?

  

  MORE FREE MONEY!!! We'd better give some to Disney (DIS), who lost $5Bn in Q2 and has given up on releasing Mulan (live version) in theaters and will go straigh... Read more

  Posted on 05 August 2020 BUSINESS, ECONOMICS

• Toppy Tuesday – Waiting for the Shoes to Drop

  We're still at 11,000 on the Nasdaq. We punched over it a bit yesterday and we're into our second round of shorts on the Nasdaq (/NQ) Futures now and you can... Read more

  Posted on 04 August 2020 BUSINESS, ECONOMICS

• Monday Market Movement – Nasdaq 11,000 and Bust, Again?

  

  Apple $425, Nasdaq 11,000 – Yipee!!! As you can see on the chart, AAPL is up almost 40% for the year and AAPL is 15% of the Nasdaq so it's responsible for 6%... Read more

  Posted on 03 August 2020 BUSINESS, ECONOMICS

• Thank Tech It’s Friday – Apple and Company Boost the Markets

  

  $60 Billion! Apple (AAPL) had $59.69Bn in revenues last quarter and that's up 10.9% while the rest of the economy was down 33% and the market logic is that one... Read more

  Posted on 31 July 2020 BUSINESS, ECONOMICS

• GDPhursday – Fed Boost Doesn’t Last 24 Hours

  

  Wheeee, that was easy money! In yesterday's Live Trading Webinar, we were watching the Fed report live and we didn't see what people were being so bullish... Read more

  Posted on 30 July 2020 BUSINESS, ECONOMICS

• Which Way Wednesday – Fed Edition

  

  Will the Fed save us (again?). Looking at the chart on the right, clearly we are in need of saving. Those numbers are pretty up-to-date and we're starting to... Read more

  Posted on 29 July 2020 BUSINESS, ECONOMICS

• Trillion Dollar Tuesday – New Stimulus Package Not Enough to Keep the Market...

  

  $1,000,000,000,000. That's enough money to give all 1,000 Billionaire in the World another Billion Dollars. Oh wait, we did that already. Well it's enough... Read more

  Posted on 28 July 2020 BUSINESS, ECONOMICS

• Monday Morning Markets – More Stimulus as We Wait for the Fed

  

  More free money!!! The Senate Republicans are expected to vote on the CARES Act 2 (it's a 5-act play) and this will be the beginning of two weeks of negotiation... Read more

  Posted on 27 July 2020 BUSINESS, ECONOMICS

• TGIF – Stop the Week, We Want to Get Off!

  

  Wheeeee, what fun! The Dow fell 353 points yesterday and that's not a big deal but it was a great deal for our PSW Report Members who were alerted, pre-market,... Read more

  Posted on 24 July 2020 BUSINESS, ECONOMICS

• 4 Million Infection Thursday – Virus Rages on at Dow 27,000

  

  This is a good shorting spot. 27,000 is a good line on the Dow (/YM), which was around 18,000 from November 2014 through November 2016 so we can call that a goo... Read more

  Posted on 23 July 2020 BUSINESS, ECONOMICS