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Futures Trading

Thursday Flip Flop - Market Moves Let Us Make Money Both Ways!

Phil Davis | Posted 06.16.2016 | Business
Phil Davis

Wheeeee - this is fun! Yesterday morning, right in the morning post (that you can get every day for $3 by subscribing here) we decided to go lon...

Told You So Tuesday - Brexit Fears Boil Over

Phil Davis | Posted 06.14.2016 | Business
Phil Davis

This is why we cashed out last week! As you can see on the chart, the Euro Stoxx 50 is now down from 3,050 last week to 2,800, down 250 points (...

Weakening Wednesday - S&P 2,100 Too Much for the Market

Phil Davis | Posted 06.01.2016 | Business
Phil Davis

Busted again! As I warned yesterday, the S&P is simply too overpriced to take us back over the serious resistance we have at the 2,100 line (2,1...

Which Way Wednesday - Waiting on the Fed Minutes

Phil Davis | Posted 05.18.2016 | Business
Phil Davis

You are very welcome! Yesterday's morning post (which you can get, pre-market, every morning by subscribing HERE) was titled: "Trendless Tuesday...

$5,000 Friday - Yesterday's Futures Trades Pay Off Nicely

Phil Davis | Posted 05.13.2016 | Business
Phil Davis

You are welcome! I know often those of you who don't subscribe to the PSW Report don't get these trade ideas after the market opens and miss out...

Thursday Fakery - Manipulation in the Oil Market Boosts Prices

Phil Davis | Posted 05.12.2016 | Business
Phil Davis

What an incredible rally! That's INcredible as in, NOT credible. Oil is up almost 50% in 3 months and INcredibly, we now have 23 MILLION MORE B...

Are Central Banks Robbing You While the MSM Covers It Up?

Phil Davis | Posted 05.11.2016 | Business
Phil Davis

Up 1.25% is very impressive. Unless, of course, you look at the volume, which is what we usually get on a holiday. This is why, for the most pa...

Thursday Fun - Weak Bounces Boost Bullish Bets

Phil Davis | Posted 05.05.2016 | Business
Phil Davis

Let's take about the 5% Rule™. For details, you can read this post, but today we're going to focus on the very simple concept of bounce lines. ...

TGIF - Stop the Week Before Things Turn Ugly!

Phil Davis | Posted 04.29.2016 | Business
Phil Davis

Wow, what a day! Now aren't you glad we added those hedges on Tuesday? Keep in mind that I can only tell you what the market is going to do and...

Thursday Failure - BOJ and Fed Disappoint the Bulls

Phil Davis | Posted 04.28.2016 | Business
Phil Davis

I told you so! Yes, I say that a lot these days and that's because I regret not being more emphatic with my cash calls in 2007 and 2008 when I w...

Wash, Rinse and Repeat Wednesday - Shorting at S&P 2,100 Again

Phil Davis | Posted 04.20.2016 | Business
Phil Davis

If they are going to keep giving us set-ups, we'll keep making money. Yesterday, I don't think I could have been more clear than to headline our...

TGIF - Stop the Rally, We Want to Cash Out!

Phil Davis | Posted 04.15.2016 | Business
Phil Davis

You are welcome! That's right, yesterday we told you that the Nikkei was facing the Kobayashi Maru and we picked a short on the Futures (/NKD) at ...

Federally Fueled Friday - Fed Speak Saves the Day (again)

Phil Davis | Posted 04.08.2016 | Business
Phil Davis

Come on kids, let me tell you a story! It's the same story we tell you every time the market goes dark and you are worried about the economic mo...

Flip Flopin' Thursday - Yellen, Bernanke, Greenspan and Volker Oh My!

Phil Davis | Posted 04.07.2016 | Business
Phil Davis

Get ready for a quote-fest. All 4 living Fed Chairs will be speaking tonight in New York, ostensibly "for the kids" but really to have an excuse ...

Which Way Wednesday - Waiting on the Fed Minutes

Phil Davis | Posted 04.06.2016 | Business
Phil Davis

Wheeee, this is fun! We nailed the top and, unfortunately, that means we're stuck in this nasty downtrend since last Summer with lower lows and lo...

Federally Fueled Thursday -- Rally Almost Out of Gas

Phil Davis | Posted 03.31.2016 | Business
Phil Davis

Over in Asia, stocks are headed for their biggest monthly gain since October as our own Federal Reserve Chairwoman has indicated she is in no hurry to lift U.S. interest rates either and, of course, the FREE MONEY continues to flow in Japan and China - what could possibly go wrong?

Falling Thursday - Futures Down and Our Hedges are UP $7,300

Phil Davis | Posted 03.25.2017 | Business
Phil Davis

This is what hedging is all about! In yesterday's morning post, we listed our shorting line for the Futures saying: "Meanwhile, we're STILL short...

Testy Tuesday - S&P 2,000 & Nikkei 17,000 Yet Again

Phil Davis | Posted 03.16.2017 | Business
Phil Davis

Unchanged! That was the monetary indecision by the Bank of Japan early this morning and the Dow Futures (/YM) are down 130 points from their hig...

Manic Monday - Waiting for the BOJ, Fed

Phil Davis | Posted 03.15.2017 | Business
Phil Davis

2:30 AM. That's what time tomorrow the Bank of Japan will have their press conference to announce their rate decision as well as, potentially, any...

Fabulous Friday - Monday's Gas Trade Made You $2,000 - You're Welcome!

Phil Davis | Posted 03.12.2017 | Business
Phil Davis

Have you been reading us all week? If you've been reading us longer than that, you know we LOVE Natural Gas at these low levels. Well, not so l...

600 Trillion Yen Tuesday - Japan's Negative Debt Drags Down Markets

Phil Davis | Posted 03.09.2017 | Business
Phil Davis

It's always something. I told you yesterday in "S&P 2,000 and Bust" that we would get rejected at the 2,000 line on the S&P 500 (/ES Futures) an...

Non-Farm Friday - Is America Working? **Trade Review**

Phil Davis | Posted 03.05.2017 | Business
Phil Davis

We're waiting on the Non-Farm Payroll Report. Yesterday, we got the happy talk we expected from Minneapolis Fed Governor Kaplan and, he did such ...

Flatlining Thursday - Markets Continue to Ignore or Embrace Bad Data

Phil Davis | Posted 03.04.2017 | Business
Phil Davis

We're short today. We didn't like yesterday's Beige Book from the Fed, which we went over live at 2pm during our Weekly Webinar and we made a few ...

Faltering Friday - Big Trouble at our Strong Bounce Lines

Phil Davis | Posted 02.19.2017 | Business
Phil Davis

9,500. That's our line on the NYSE. We finished the day at 9,504 but the S&P failed to hold 1,925 and the Russell never made it to 1,940 so we c...

Thousand Point Thursday - Dow Erases 2 Weeks of Losses in 3 Days!

Phil Davis | Posted 02.18.2017 | Business
Phil Davis

And we're back! Another day, another 250-point rally on the Dow is now business as usual, if by usual we mean since Friday. Generally, it's con...