Stocks Up For Second Week As GE Soars
Stock ended higher Friday, building on early strength and Thursday’s rise, for its second straight week of gains. Investors were buoyed by new highs in European markets and General Electric’s…
Istanbul’s financial hub goal hampered by lightweight stock market
* Istanbul aims to be top-10 financial hub * Equity market has not kept pace with economic growth * Retail investors hit by higher fees * Government needs to encourage…
$50Bn Friday – GE Swallows it’s Own Tail to Lift Markets
Another day, another $50Bn. ; That's how much of their own stock GE will be buying back (20{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} of the company) after selling most of their GE Capital Assets to…
SPY – 1 Year, Daily Chart
The chart below shows the daily prices for the past year on SPY, an S&P 500 Index ETF, after the ETF closed the week at $206.44 on April 2, 2015. husband watches wife go black…
$BAC: Director or Senior Officer of Insider or Subsidiar Orr, Murray Ross Buys
Verizon Communications Inc Director or Senior Officer of Insider or Subsidiar Orr, Murray Ross Buys 1,000 shares at the average price of $0.02 per share.
Small Caps Lag as Large Cap Indexes Rebound from Morning Losses
Once again morning losses were supported and buy the dip continues to be in favor. Small Caps were not as lucky as the large cap indexes as the Russell 2000…
Dow and S&P 500 Reach another Record High
The Dow Jones Industrial Average and S&P 500 hit another record closing as volume rose across the board. Janet Yellen’s testimony provided few fireworks, but we did find out rates…
Dumped BABA
BABA was one of the trades I try not to make, but talk myself into every few years. It sounded hot and promising, but was overvalued. It might have a…
Tempting Tuesday – Will Yellen Push Us Past 2,200?
Look at those makets go! Nasdaq 4,960 – just 40 points to 5,000 after popping up from 4,600 at the beginning of the month. That will be almost 10{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}…
AAPL Propels NASDAQ to 9th Straight Positive Close
For the ninth straight session the NASDAQ closed with gains. Crude oil slipped below $50, but the market is focused on Janet Yellen’s testimony tomorrow morning on Capital Hill. The…
Monday Market Miracle – Everything is Awesome Again
You can't argue with a good chart. All of our indices are ripping up to new highs and don't let the lack of volume bother you – as it doesn't…
Big Wave Trading Update And Top Current Holdings
The Big Wave Trading portfolio is currently under an across the board operational BUY mode with no pressures weighing against this signal. Major market averages are hitting new highs with…
How To Get Rich Slowly
In 2015, Philstockworld.com is focusing on wealth-building techniques which, combined with our winning investing strategies, can help put you on the path to a life of financial independence.
Options Expiration – February 2015
I have four different options expiring today on three separate underlying positions for another profitable options expiration. The first two options were easy and will close out my exposure to…
Greece’s fate relies upon the Scarves of Varoufakis
Save us Scarf Man. The fate of world markets rests on the many scarves of Greece Finance Minister Yanis Varoufakis. Tied, open, loose, plaid, solid -- what does it mean for…
Greece Keeps Stocks from Advancing
The game continues. Heading into the weekend Greece is keeping U.S. equities at bay. If the outcome is positive, we rally. Negative and stocks fall like a 2008 Lehman Brothers…
Another Mixed Session; NASDAQ Extends Streak to 7
Greece continues to dominate the headlines and the US Stock market continues to push aside the risk. PCLN was a big driver in the NASDAQ’s move today as the index…
NASDAQ Closes Positive for the Sixth Straight Session
Today’s market was able to shake off fears from Greece and what was lurking in the Federal Reserve meeting minutes. Starting the session economic data was less than desirable, but…
Shake Shack getting more Reasonable
The stock price keeps coming down. The best IPO of 2015 and stock to own is Shake Shack (SHAK). Now that its stock price is coming down, I'm interested. From…
Could Greece Kick Stocks down the Hole?
Sure seems that way. The drama continues with Greeks and their bill collectors. Every delay and unfortunate twist holds world equities hostage. Which way will the market go? It all…