The markets are having a hard time holding their rally and the Nasdaq’s even turned red now. I did a small pre-earnings trade. Ciena reports earnings tomorrow morning before the open and I’ve read nothing but explanations of why they are likely to really miss and guide lower and get crushed tomorrow. And that might [...]
Come meet me in the chat room to ask me anything you want…
Hey, don’t forget to come meet me in the chat room to ask me anything you want. Today at 2pm EST. See you at http://tradingwithcody.com/chat. The markets are staying steady again today, and the further and steadier we rally from those recent panicky lows, the harder they should be to revisit. See you soon! [...]
Great trading isn’t always about buying and selling…
And they’re off. Up along the outside, it’s Autodesk, which has been one of the single most volatile stocks in the market since we first bought it, right around these levels just a couple weeks ago. Bumping each other in the middle as they jockey for position is Microsoft and Adtran, both up nicely in [...]
Time to panic! Or not…
Billie Jean if you’re out there, I love you…
“Those who cannot remember the past will spend a lot of time looking for their cars in mall parking lots.” - Jay Trachman Good morning and welcome back to the world’s biggest shopping mall. Make sure you’ve got your wallet in your front pocket. The markets are down a bit after the open here. Some nice orderly [...]
We can a learn a lot about trading from cowboys and horses…
Monty Roberts, the great horsewhisperer whose autobiography I am currently reading, talks about how horses are “lean into” animals. That is, they lean into pressure. You want a horse to turn left, you don’t get a team of wranglers to push him on his right side — you can simply, by yourself, usually get him [...]
You almost lost your mind…
Response requested: Who’s more scared right now, the bulls or the bears?…
I might prefer to see a little more “steady betty” and a little less “volatile Veronica”…
“Mental toughness is many things and rather difficult to explain. Its qualities are sacrifice and self-denial. Also, most importantly, it is combined with a perfectly disciplined will that refuses to give in. It’s a state of mind-you could call it character in action.” — Vince Lombardi Impressive rally so far today, but… But I think [...]







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