Author: Philip Davis

Is it time to buy the buck?  As noted by Andrew Wilkinson on Wednesday, there was a huge volume surge in UUP call options, the ETF that tracks the US Dollars index value, ahead of the FOMC statement.  155,000 November call...

I will get into yesterday’s recap in a bit as I am running short on time… Buy Pick of the Day: Clear Channel Outdoor Holdings Inc. (CCO) Entry: We are looking for an entry around 6.90 – 7.00 Exit: We are looking for an...

Unemployment benefits will now be extended to 79 weeks! The Senate approved a measure to extend the current benefit program by another 33% and, in a bid to aid the property market, the bill would also extend for five months a...

$2.5 Trillion – That’s the size of of the global oil scam. It’s a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in Madoff units ($50Bn rip-offs).  That’s...

The week has not started on a terribly great note as we are now 1/3 after Tuesday’s miss on Direxion Daily Bear Energy 3x ETF (ERY). I went against my investing rules with ERY by investing in something that had moved way too...

Wheee, this is fun! Just two weeks ago, on October 17th, I warned in the Weekly Wrap-Up that it was “Dow 10,000 or Bust” for the next week and we failed that one and last Wednesday we were looking to hold NYSE 6,900...

Monday was half good, half bad for us. Let’s start with the good. We recommended a great short sale on Ultrashort Proshares Housing and Real Estate ETF (SRS). We set our buy in range, in the Oxen Report Morning Levels alert, at...