What a rally, especially in tech today. Guess that Greece didn’t doom us after all. Or was it Portugal? I’m not buying another more today and indeed I’m more inclined to trim a little around this kind of action than to chase it. Especially when we’d been so aggressive in our buying at so much [...]
What to expect from Apple heading into the report tonight…
July 19, 2011 By
Email from a subscriber: “Cody, you bought the Google calls before Google’s earnings report and it made us huge money. Why aren’t we doing the same by buying Apple calls before Apple’s earnings report?” Great question. The set up for each stock was very different heading into the earnings report. For one thing, just [...]
Now’s the time to sell stocks because of the Greek crisis…
July 19, 2011 By
Oh, man, it’s all about Greece…oh wait. No, it’s not. Nobody anywhere is talking about Greek debt today and how it’s supposedly going to create contagion and collapse. You remember how palpable that “Greek debt is going to destroy the world’s economies” fear was a few weeks ago? To be sure, it’s not that we [...]
I’m covering about a third of my short in this one…
July 18, 2011 By
Newsflash: Shares of Bank of America, Goldman Sachs and Morgan Stanley all hit two-year lows today http://on.wsj.com/oxRr4U I’m short the XLF which gives me profits as these TBTF banks collapse. Of course, I wish I’d been aggressive this whole time…I’ve just barely gotten started building this short position and these guys haven’t given us hardly a [...]
Here’s how my portfolio stands with both longs and shorts in order of size at this moment…
July 18, 2011 By
Here’s how my portfolio stands with both longs and shorts in order of size at this moment. I’d mistakenly not had listed Sandisk on Friday’s portfolio rundown. It’s in there at the right spot now: Longs – Google Riverbed Microsoft Cypress Cisco Sandisk Nuance Marvell Corning Apple Visteon DBA Ciena Celestica Adtran Shorts – [...]
Here’s me quoted in this weekend’s Wall Street Journal…
July 18, 2011 By
I’m just using the weakness to gently add to three of our positions today…
July 18, 2011 By
I’m doing some nibbling into today’s big sell off. I’m just using the weakness to gently add to three of our positions today: Corning, as noted earlier. Sandisk, our new purchase from last week. I’m buying some January 2012 calls that are slightly out of the money. And Cisco, which I’ve just added to by purchasing [...]
I bought a little more of this stock for the first time in a long time…
July 18, 2011 By
I plan to continue to find, cite and buy…
July 18, 2011 By
“Fastest growing industry in the history of the planet.” “Will impact every company you invest in, whether they are tech companies or not.” “Billions of dollars will be made in the next few years by app companies and app investors” These are a few of the things I’ve repeatedly written and said about the app/smartphone/tablet/cloud [...]
Here’s how my portfolio stands with both longs and shorts…
July 15, 2011 By
A lot of movement this week and here’s how my portfolio stands with both longs and shorts in order of size to close out the week: Longs – Google Riverbed Microsoft Cypress Cisco Nuance Marvell Apple Corning Visteon DBA Ciena Celestica Adtran Shorts – Lender Processing Services SLV GLD Cablevision XLF Live Nation Thanks for [...]
Connect with Cody: