Author: Philip Davis

Wednesday’s of expiration weeks are usually flat, Thursday’s usually down. But what constitutes flat when the market is jammed up 200 points in the afternoon and gives back 1/3 into the close? We had a fabulous day...

We last posted changes to the Sample Portfolio last Tuesday night and our goal was to get most of our positions to cash. We were fortunate enough to catch a wave up so the cash outs were easy. On Friday, we put more money to...

Today’s tickers: UPS, BBY, MBI, XLF, HIG, MOS & ASML UPS United Parcel Service, Inc. – The package delivery company, which delivers an average of more than 14.7 million pieces per day around the globe, has...

Today’s tickers: EWZ, VRSN, PFE, MSFT, Q, FXI & NSM EWZ iShares MSCI Brazil Index ETF – Shares of the Brazil ETF have dipped by less than 1% to stand at $50.93 today. The ticker occupied prime real estate on our...

Is it time to get real? We went into the weekend mainly in cash but with a few speculative bearish bets (see Weekend Wrap-Up) even though the Wall Street Journal is screaming at us in today’s headline (huge type, above the...

Are we climbing the proverbial wall of worry? Perhaps it is just, as I had teasedour resident bear Mattback on April 16th, “The Squeezing of the Shorts.” 600 Dow points later, I got myown shorts squeezed, both...

Today’s tickers: SPY, F, DELL, SYMC, DE, FITB, ASML, SMH & UNH SPY SPDR Trust Series – So implied volatility as measured by the fear gauge known as the VIX, the CBOE volatility index has come screaming off today...

I am very happy we cashed out. We cashed out our longs, as planned, very close to the top and yesterday, at 1:47, I sent out an Alert to Members titled: “Not Being Greedy With May Shorts” in which I said: “At...

Finally the official results are in! Oddly enough, it was MUCH worse than the original indication that started this leg of our rally when we were told that every bank passed the stress test but the results were skillfully leaked...

Today’s tickers: CVC, CX, ALL & VALE CVC Cablevision Systems Corporation – Shares of the cable operator have climbed by more than 2.5% to $18.84 after reporting that first-quarter revenue increased by 10.6% to...