Phil's Stock World

LATEST ARTICLES ( 7292 )

• Tricky Tuesday – Cobra Spits, Investors Split

  

  As you can see from our Big Chart, we have the classic "Spitting Cobra" pattern forming with the Nasdaq already breaking sharply lower, but saved by the 50 dma... Read more

  Posted on 25 March 2014 BUSINESS, ECONOMICS

• Fed Speak Week Begins – Monday March Madness

  

  We've got the Fed's Stein (9am) and R Fisher (1:45) today, Lockhart (4pm) and Plosser (7) tomorrow, Bullard (2am) and a Fed Capital Analysis Report on... Read more

  Posted on 24 March 2014 BUSINESS, ECONOMICS

• Sector Detector: Doomsayers Help Keep Bull Market Alive and Well

  

  Bulls continue to climb their wall of worry, as uncertainty from the latest “bricks in the wall” created by Russia in Crimea, slowing growth in China, and Fed... Read more

  Posted on 24 March 2014 BUSINESS, ECONOMICS

• Stock Market March Madness – Quad Witching’s Big Friday Finish

  

  Our quarter ends 10 days early because stock options expire today and quarterly Futures contracts roll over. Next week is just the end game for the retail... Read more

  Posted on 21 March 2014 BUSINESS, ECONOMICS

• Thursday Failure – Big Bounce Lines Falling Short Ahead of Quad Witching

  

  Last week, we set our 5% Rule's™ "strong bounce" goals for this week at Dow 16,300, S P 1,860, Nasdaq 4,300, NYSE 10,400 and Russell 1,190 and yesterday we... Read more

  Posted on 20 March 2014 BUSINESS, ECONOMICS

• Which Way Wednesday – Fed Edition

  

  The last Fed statement came out on January 29th and, as you can see from Dave Fry's Dow chart on the right from Feb 3rd, it was not INITIALLY well-recieved. Read more

  Posted on 19 March 2014 BUSINESS, ECONOMICS

• Turnaround Tuesday – Strong Bounce Tested Already

  

  In a single day we make up 40% of the week-long drop on the Dow and the S P and this morning we're up again in the Futures, despite Putin making a speech in... Read more

  Posted on 18 March 2014 BUSINESS, ECONOMICS

• What the Market Wants: Risk On? 3 Growth Stocks at Bargain Prices

  

  Today was another surprise Monday. Short sellers who thought a rough weekend in Ukraine might stir up the war drums again were wrong. Read more

  Posted on 18 March 2014 BUSINESS, ECONOMICS

• Monday’s Market Movement is China’s Farmers Being Forced into Cities

  

  Things didn't look too interesting earlier this morning but now we've got our expected and predicted 0.5% weak bounce thanks to CHINA!!! unveiling their plan... Read more

  Posted on 17 March 2014 BUSINESS, ECONOMICS

• Sector Detector: Utilities Plow Ahead While Market Takes an Overdue Breather

  

  The weakness last week in U.S. stocks was entirely expected. As I mentioned in last weekend’s article, the technical condition had become quite overbought and... Read more

  Posted on 16 March 2014 BUSINESS, ECONOMICS

• Bullish Options Play Eyes Further Upside In Ulta

  Looking out to activity in the September expiry options today, one trader appears to be positioning for the price of Ulta Salon’s shares to potentially gain... Read more

  Posted on 14 March 2014 BUSINESS, ECONOMICS

• Failing Friday – Not Even a Weak Bounce?

  

  Wheeeee, what a ride! I don't think I could have been more clear on Tuesday that CASH!!! was the way to go, with 6 mentions of going to CASH!!! in the... Read more

  Posted on 14 March 2014 BUSINESS, ECONOMICS

• Faltering Thursday – China’s Downhill Move Picks up Steam

  

  China is the reason so many companies tell you how great their prospects are. TSLA is going to China, YUM and MCD sell so much fast food in China that now... Read more

  Posted on 13 March 2014 BUSINESS, ECONOMICS

• Large Trade In Air Products & Chemicals Calls

  A large block of 9,000 of the Jan ’15 $135 strike calls appear to have been purchased just after 10:20 a.m. EDT at a premium of $3.90 per contract. Read more

  Posted on 12 March 2014 BUSINESS, ECONOMICS

• Wednesday Wheee! Our Oil Shorts Pay $6,500 Per Contract!

  

  We hit our $98.50 goal line on oil and that's up $6,500 per contact from $105 at the beginning of the month, where we went heavily short. When oil was at $102. Read more

  Posted on 12 March 2014 BUSINESS, ECONOMICS

• McD’s Weekly Calls On The Breakfast Menu For Some Traders As Stock Pops

  The most traded weekly options by volume are the 14 Mar ’14 $97 strike contracts, with around 3,000 in-the-money calls in play against open interest of 744... Read more

  Posted on 11 March 2014 BUSINESS, ECONOMICS

• Toppy Tuesday – Return of the Spitting Cobra

  

  As you can see on our Big Chart, we are beginning to form a "Spitting Cobra" pattern and those generally resolve to the downside – much like it did in... Read more

  Posted on 11 March 2014 BUSINESS, ECONOMICS

• What the Market Wants: Market on Spring Break

  

  Today was the beginning of “spring break” for the market. At least it seemed that way with a very low trading volume of only 600M shares on the NYSE. Read more

  Posted on 10 March 2014 BUSINESS, ECONOMICS

• Surge In Plug Power Shares Fuels Options Trading Frenzy

  Shares in PLUG rose as much as 38% to touch $11.41 this afternoon, marking a near 150% move to the upside in the price of the underlying since Monday morning... Read more

  Posted on 10 March 2014 BUSINESS, ECONOMICS

• Manic Monday – Nowhere to Go but Up?

  

  That's all I can say about the action this morning. There's a Global currency-manipulation scandal, China had an alraming drop in exports, a decline in... Read more

  Posted on 10 March 2014 BUSINESS, ECONOMICS