Phil's Stock World

LATEST ARTICLES ( 7475 )

• Tariffic Tuesday – Trump Adds $7.2Bn to His Slush Fund

  

  "Follow the money!" That was the advice given to Watergate reporters Woodward and Bernstein by their source "Deep Throat" (don't Google that! Read more

  Posted on 10 December 2019 BUSINESS, ECONOMICS

• Monday Market Movement – Fed Wednesday, More Tariffs on Sunday

  

  500,000 Jobs! That's the NEGATIVE "adjustment" we're going to see in the prior year (March 2018-2019) Non-Farm Payroll report according to the BLS, when they... Read more

  Posted on 09 December 2019 BUSINESS, ECONOMICS

• 450-Point Friday – Dow Erases Half of Its Losses – Traders Think That’s Bullish

  

  Isn't that amazing! What a fantastic market that can drop 900 points in 2 days and then RALLY back 450 points in 3 days. It's AMAZING! Read more

  Posted on 06 December 2019 BUSINESS, ECONOMICS

• Philstockworld November Portfolio Review

  $152,053! That's right, after closing our our last STP/LTP paired portfolios in September, 2019 with over $2.6M from a $600,000 start in Jan 2018, we decided... Read more

  Posted on 06 December 2019 BUSINESS, ECONOMICS

• Thursday Thrust – Markets Drive Back to the Highs

  

  Correction, what correction? Monday's drop is now completely erased in the Futures for no particular reason this morning and that's great, I guess. Read more

  Posted on 05 December 2019 BUSINESS, ECONOMICS

• What Now Wednesday – Trade On? Again?

  

  Wow, it's like a soap opera! Bloomberg now has a newsletter called "Terms of Trade" that tries to keep up with the ever-changing nonsense each morning. Read more

  Posted on 04 December 2019 BUSINESS, ECONOMICS

• Tumblin’ Tuesday – Trade Off (Again)

  

  Game off! That's all it takes to erase half of November's gains in 24 hours (the Dow Futures are off another 200 points this morning). Read more

  Posted on 03 December 2019 BUSINESS, ECONOMICS

• Monday Market Madness – Up and Down 100 on Trade Rumors Already

  

  This is just silly: Already this morning, before the market even opens, we've gone up from 28,060 on the Dow at Friday's early close to almost 28,200 at the Asi... Read more

  Posted on 02 December 2019 BUSINESS, ECONOMICS

• 3,150 Friday – Finishing the Month Strong on the S&P 500

  

  3,150! That's up 150 points (5%) from where we cashed out most of our Member Portfolios in September and, though we missed a 10% pullback right after that – we... Read more

  Posted on 29 November 2019 BUSINESS, ECONOMICS

• Wednesday Wipeout – Let the Slaughter of 50M Turkeys Begin!

  

  Getting ready for Thanksgiving? If you are an American, of course you are – it's what we do here. And, of course, after the orgy of food to be consumed... Read more

  Posted on 27 November 2019 BUSINESS, ECONOMICS

• Trade Talk Tuesday – USMCA (NAFTA), Not China

  

  We might have another trade deal! Yeah, that's right, I'm going to pretend to be excited about signing the US-Mexico-Canada trade deal and I'm going to pretend... Read more

  Posted on 26 November 2019 BUSINESS, ECONOMICS

• Manic Monday on a Short, Low-Volume Week

  

  The Futures are up again – yawn! Progress was made on the Trade War – again – as China agreed to raise the penaties they never enforce on IP Theft over the... Read more

  Posted on 25 November 2019 BUSINESS, ECONOMICS

• Friday Follies – Market Drifts Into the Weekend Slightly Weaker

  

  Watch the Russell. Both the Russell 2,000 and the NYSE (about 1,900) are broad-market indicators and both of those indexes have been weak, not just this week bu... Read more

  Posted on 22 November 2019 BUSINESS, ECONOMICS

• Thursday Flip Flop

  

  The madness continues! Yesterday, the Dow dropped 200 points as Trade Talks turned sour but then recovered into the close as the White House insisted they were... Read more

  Posted on 21 November 2019 BUSINESS, ECONOMICS

• Wednesday Weakness – Broader Indexes Can’t Close the Deal on New Highs

  Water freezes at 32 degrees. That's a FACT we can all agree on, right? Unless, of course, you are using Celsius, in which case 32 degrees is 90 degrees (89.6 fo... Read more

  Posted on 20 November 2019 BUSINESS, ECONOMICS

• Tempting Tuesday – China Adds More Stimulus to the Global Excess

  

  What are they so afraid of? I know I sound like an old curmudgeon, always looking at the downside of all these rallies but doesn't it seem odd that our... Read more

  Posted on 19 November 2019 BUSINESS, ECONOMICS

• Monday Market Momentum – Still Going Up!

  

  Curiouser and curiouser. Now we're approaching 3,150 on the S P 500 (/ES) and my prediction was 3,300 IF we got a trade deal (and then back below 3,000) but,... Read more

  Posted on 18 November 2019 BUSINESS, ECONOMICS

• Thank Kudlow It’s Friday – Trade On!

  

  Larry Kudlow says things are going great! That's enough to pop the indexes another half a point overnight because there is ALWAYS about to be a trade deal with... Read more

  Posted on 15 November 2019 BUSINESS, ECONOMICS

• Trade Off Thursday – Words Speak Louder Than Actions

  

  And now there's no trade deal – again. Keep in mind that, a month ago, we were told the deal was ready to sign and it amazes me that, almost every day, the... Read more

  Posted on 14 November 2019 BUSINESS, ECONOMICS

• Wild Wednesday – Trade In Doubt, Impeachment Begins, Powell Testifies and We Tak...

  

  Where do I begin? The Index Futures are down about 0.5% as Trump once again puts a Trade Deal into doubt. Europe and Asia are down more like 1% so we might be... Read more

  Posted on 13 November 2019 BUSINESS, ECONOMICS