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Philip R. Davis is the founder of Phil’s Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders and fund managers.

Mr. Davis is a serial entrepreneur, having founded software company ... more

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Technical Tuesday – Dollar Down, Markets Up – Duh!
The Dollar plunged from 93.95 to 93.25, which is 7.5% and the S&P 500 went up from 2,713 to 2,733, which is 7.5% – that is not a rally, that is the repricing of merchandise against a falling currency!
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Just Another Manic Monday – S&P 2,728 – Again…
Half of Europe is closed and the Dow Futures are up 225 points – back to 25,000 (again) and the S&P (/ES) are right back at good old 2,728 with 6,925 on the Nasdaq, again and 1,632.50 on the Russell (/TF) – so same old, same old and happy Monday.
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TGIF – Silly, Low-Volume, Pumped-Up Week Finally Ends
What a week it has been! The S&P 500 has blasted off our 20% line to the 23.33% line at 2,728 and that's what we call a strong bounce from the fall we endured way back in late Jan/early Feb and doesn't actually mean a thing until we're over it.
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Whipsaw Wednesday – S&P 2,684 (Again) Gives Us Another Shorting Opportunity
Are we stuck in a loop?
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Testy Tuesday – Nasdaq 6,750 Or Bust Edition
6,750 is the 25% line on the Nasdaq and we've been here a few times and the bulls were very excited to buy the dip at 6,650, as that's where we popped in early March.
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TGI Friday The 13th – Bulls Are Feeling Lucky
The S&P is now flat for the year and up or down next week can easily show us the direction the rest of the year will be taking.
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Latest Comments
A “Black Day” For Walmart – Website Glitches Causes Havoc And Major Losses
4 years ago
This will be difficult for Walmart to come back from. Someone will be losing his/her job for sure.
In this article: WMT
Morning Reads
4 years ago
I'm amazed anyone shops at that Walmart at all!
1 to 2 of 2 comments

STOCKS I FOLLOW

AAPL Apple Inc.
BIDU Baidu, Inc.
F Ford Motor Company
GOOG Alphabet Inc. (Google)
GS Goldman Sachs Group Inc.
HD Home Depot Inc.
KO The Coca-Cola Company
MSFT Microsoft Corporation
NKE Nike Inc.
NYX NYSE Euronext
OUTR Outerwall Inc.
SIRI Sirius XM Radio Inc.
SPY SPDR S&P 500
YHOO Yahoo! Inc.
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Why We Need To Act On Climate Change Now
Phil's Stock World interviews Jan Dash PhD, regarding his thoughts on climate change and the way it can affect our future.

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