The markets continue to climb the wall of worry, meaning that all those bears and shorts and money managers who are underexposed to stocks, keep providing fuel for this rally when they are capitulate into buying. Look at this wild six month chart of the Nasdaq: Do you notice how it topped there at April […]
Cody Kiss & Tell: A short strangle, Apple’s rise, Amazon’s P/E and more…
Here’s the transcript to this week’s Live Q&A chat. Join me next Wednesday at 2pm EST at https://tradingwithcody.com/chat or send me an email with your question at support@tradingwithcody.com. Howdy folks. Let’s ride. Ask me anything. Q. Cody, as a new subscriber, do you recommend immediately going out and buying the 8s and 9s on your […]
Trade Alert: Trimming and hedging in case of another forest fire
Good morning and welcome back to the news studio, where you better have plenty of make up on so nobody can tell you have make up on. Since the Little Bear Fire ripped through Ruidoso, NM, and specifically since it burned about 75% of the land I bought here last year to live on, I’ve […]
In depth analysis: Google, Android and one hundred billion buckaroos
With the Olympics ending and the British taxpayer seemingly O.K. with a $40 billion bill for adults playing games, I’m sure more attention is about to shift to back to the south of Europe. Not for me though, I already know that the Troika will dole out the $35 billion in aid its been holding back […]
Never make a trade for trading’s sake
Strange feel to the trading this morning, and I’m betting that’s there some sort of a much smaller computerized/high-frequency-trading shenanigans going on out there. A couple weeks ago Knight Capital had a computerized glitch roil hundreds of intraday stock prices, and this just feels like another strange move this morning. Not that any of that […]
Latest positions + Asking for a favor from each of you
I’ve gotten a lot of great feedback from you guys about the new book, Everything You Need to Know About Investing, and I encourage all of you to read through it. Even those of you who read the first draft should read the finished product, because it’s literally three times bigger than the first draft. […]
Trades for the week of August 6th through August 10th
Here are my trades for the week of August 6th through August 10th: Common Stock: Stock Action Date Initiated Time Initiated Price FIO – Fusion-io Trim 8/10/2012 10:25am $27.00
Fused markets
The markets are mixed to down fractionally this morning. There’s a collective summer apathy that’s permeating the trading this morning. I’m ready for the weekend after a long week of work, how about you? Our long-maligned Fusion-IO is up more than 25% today, having delivered a rather shocking quarter of growth, coming in nearly 20% […]
Adapt your strategies in an increasingly rigged market
You ever heard the term, “The markets will climb a wall of worry?” Well, that’s exactly what we’re seeing here as the markets and so many stocks slip their toes into the cracks and keep on climbing the wall of worry. Last week, I wrote a column called, “How badly is Wall Street cheating you?” […]
Everything You Need to Know About Investing: The new book is finally done
Well, we’re finally done editing and even publishing this new book, Cody Willard’s Everything You Need to Know About Investing. Subscribers to TradingWithCody.com can read the whole book right there on that page or you can download a PDF version of the book for free. Or you can buy a $14.99 real paperback version of […]
Cody Kiss & Tell: Romney’s IRA, Apple dividend, Nuance rising and more…
Here’s the transcript to this week’s Live Q&A chat. Join me next Wednesday at noon at https://tradingwithcody.com/chat or send me an email with your question at support@tradingwithcody.com. All rightie guys, let’s rock n roll. Ask me anything. Q. You said yesterday you aren’t selling but for those who cant sleep sell some as we had […]
Breakouts coming? Bernanke idiocy. And ask me anything.
Two random Trader Thoughts of the Day: 1) Take a look at most any stock chart, especially in tech, and you’ll see that it spiked to start the year, peaked in March, dropped hard, baselined and now is headed up towards that March high. I’m no chartist, but feet to fire, I’d expect that if […]
Is the higher education industry doomed?
Last week was another in a long series of market glitches that continue to sap investor confidence. The 2008 global mini recession aside, we’ve had the Flash Crash (and lots of tiny ones), MF Global, PFG, Nasdaq botching the Facebook IPO and now Knight Capital. When systems trip themselves up so badly, and technical issues […]
If you were losing sleep at the bottom, it’s time for you to trim
We’ve got quite a few stocks at or near their 52-week highs right now. Apple, Google, Baidu, Amazon, and Lindsay for example. I know from the tone of the emails and other interactions that I have with you guys on a daily basis, that a lot of you are able to breathe again after the […]
Cody is attending a funeral this morning
This is Bill, Cody’s Chief Technology Officer. Cody had to attend a funeral this morning but he will be back in the office to post an update later today. Thank you for your patience.
Trades for the week of July 30th through August 3rd
Here are my trades for the week of July 30th through August 3rd: Common Stock: Stock Action Date Initiated Time Initiated Price LVLT – Level 3 Sold 7/31/2012 11:24am $19.46 ADSK – Autodesk Sold 7/31/2012 11:24am $34.29
How to Read the Blueberry Jobs Report
Although all blue berrys are blue, not all blue berrys are blueberries. – Alex Reiger from Taxi The Jobs Report was “better than expected”. Not that anybody expected much, as the country added jobs last month equal to 0.05% of the country’s population instead of having added “only” 0.03%, which is what a bunch of […]
Your answers so far
Wow, we are getting some fascinating, enlightening and sometimes funny feedback in regards to my earlier questions abut how much faith you have in the Wall Street system. Here’s some of what you’ve said so far. Send in your feedback soon as I’ll be sharing the insights from you guys with our entire TradingWithCody.com community. […]
How much faith do you have? Or, Just How Badly Are You Really Going to Be Screwed?
How much faith do you have in the system of stocks, trading and investing on Wall Street do you have? Do you believe that it’s only a matter of time before the money that you think you have in your eTrade, Schwab, Morgan Stanley, Merrill Lynch, Goldman Sachs, etc stock account is plundered like those […]
Cody Kiss & Tell: Cody runs for President and other true stories
Here’s the transcript to this week’s Live Q&A chat. Join me next Wednesday at noon at https://tradingwithcody.com/chat or send me an email with your question at support@tradingwithcody.com. Let’s hit it. Ask me anything. BTW, we’re almost done putting together the finished Everything You Need to Know About Investing book and the feedback from subscribers who […]