Don’t forget to meet me for this week’s Live Q&A at https://tradingwithcody.com/chat at 2pm EST or send me your question to support@tradingwithcody.com beforehand. Let’s run through some articles that every investor and trader should be reading. Here’s what I was reading and thinking about this morning. Markets Rally On Improved Eurozone Sentiment and The Next Euro Storm […]
Go shortie: Apollo Group blows up…again
“Go, go, go. Go shortie, it’s your birthday.” – 50 Cent 50 Cent – In Da Club Our largest short position, Apollo Group APOL, is down another 18% this morning. are it reported a horrendous quarter last night and said that business is not going to improve any time soon. Actually, those are my words, because […]
Trade Alert: Alternative energy bankruptcy flip
Long-time subscribers have seen me do the “Bankruptcy Trade” a few times in the past, mostly to success. Today, a stock that I long ago put as a short into the Revolution Investing model portfolio, A123 Systems, did exactly as I predicted years ago in columns titled such things as “How to trade the popping […]
Trade Alert – Two partial short covers: Can the bulls kick the door down?
Like I postulated yesterday, now that Apple has joined the rally party, a lot of folks are suddenly thinking the markets are now headed higher again. Yesterday I noted that the market had a better bid underneath it, and today that better bid continues. I’m going to cover about 1/10th of my DLTR and DG […]
Cody Analysis for: Earnings, Election, Fiscal Cliff, Technicals and Sentiment
The Price is Right – $1 Showcase overbid. Late last week I asked you guys who’s more scared right now, the bulls or the bears. The results were: 109 – Bulls 44 – Bears So, it was about 70% who said that the bulls are more scared right now. That’s not an extreme reading on […]
Don’t confuse religion with science
Every article you’ve seen that reports that somebody won a Nobel Prize of Economics is 100% propaganda. Did you know that there’s NO SUCH THING AS A NOBEL PRIZE FOR ECONOMICS. Your Deep Trader’s Thought of the Day is that economics, in all its versions, is more of a religion than an art or a […]
Do you know the best way to trade a war?
A lot of folks out there think that war with Iran is a matter of when, not if. Do you know the best way to trade a war? What have stocks done historically when war breaks out? I remember vividly how I traded when war broke out with Iraq. I was obviously thrilled when I’d […]
Great Uncle Buster – How He Made 150 Million Dollars
Not much intraday action again today, as the markets opened a bit higher once again and have faded lower most of the day once again. You can’t force a turn. The prices in a lot of our names are getting closer to a place where I’ll likely start to do some tranche buys, but I’m […]
Trades for the week of October 8th through October 12th
Here are my trades for the week of October 8th through October 12th: Options: Stock CALL or PUT Action Date Initiated Stock Price Strike Price Exp Date AAPL – Apple CALL Buy 10/8/2012 $639.42 $700 13-Apr
Earnings Calendar
Here’s a complete list of our positions with the date for each of their respective earnings reports. AAPL – Apple October 25th AMZN – Amazon October 25th APOL – Apollo October 16th BIDU – Baidu TBD BRCM – Broadcom October 23rd DDD – 3D Systems October 25th DG – Dollar General December 3rd DLTR – […]
Sunrise in NM: Who’s more scared right now?
Union Pacific 844 leaves Tucumcari, NM on a Sunrise southbound to Alamogordo in the “Land of Enchantment” I sure am thankful waking up to a sunrise coming over the Capitan Mountains here in Ruidoso, NM these days. NYC certainly has its beauty too, but I’m not sure you can see a more beautiful morning than […]
Cody Kiss & Tell: Multiple Contraction, Dividend Stocks, Sophie’s Choice and Events That Mattered (Or Did They?)
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. Let’s rock n roll. Q. Given the fear of P/E contraction, should I sell down some of my high P/E stocks even though I just bought them […]
Markets, The New Game, and This Week’s Chat
There sure hasn’t been much intraday volatility of late, but today it’s been a steady drift lower. Which in and of itself isn’t exactly “intraday volatility”, but it is indeed a steady “intraday movement”. The path of least resistance is probably lower for now just today but for the next few days too, feet to […]
Special Bonus for TradingWithCody subs: Free access to the coolest, smartest, most addictive stock market game ever
Apple’s finally not straight down on the day, for what seems the first time in months, no? Facebook, on the other hand…down today and back below $20 a share. A few weeks ago I bought a tranche around these levels and I’m not going to add again here right now, but if you haven’t bought […]
Earnings preview for seven stocks
If you have an apple and I have an apple and we exchange apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas. – George Bernard Shaw We’re about to enter earnings season, so let’s preview some […]
Must-reads for every investor
So let’s dive into some headlines that every investor and trader should be reading. Apple charts signal trouble – I trimmed higher as noted repeatedly here. I bought some back today. Brace for worst earnings since recession’s rebound – I saw about five headlines and articles about this over the weekend. Markets are at multi-year highs though. […]
Trade Alert: Putting a hand on a hot stove
Put your hand on a hot stove for a minute, and it seems like an hour. Sit with a pretty girl for an hour, and it seems like a minute. That’s relativity. – Albert Einstein Apple’s down 2% on the day which takes it down a full 10% from its recent all-time highs. Recall that […]
Trade Alert: Upticks, optimism, Apollo and Zynga
Let’s jump right in this morning. First off, let’s hit on my comments about the marked uptick in optimism at yesterday’s UNM Alumni Board meeting. I even asked the new President of the University about his concern that more austerity would further cut the UNM budget, and he said “I’m confident that we’re set for […]
Notable uptick in optimism
I’m at a alumni board meeting for University of New Mexico. Most interestingly, I am almost shocked at the optimistic and economic bullishness from everybody here. They are usually very fearful. I wonder if that is a contrarian indicator or if it is an acceleration of the boom. No trades for me today. Steady as […]
TITLE: Murphy’s Law forces rescheduling of this week’s Live Q&A Chat
Murphy’s Law states that your website will only go down when you have a live event scheduled. TradingWithCody.com is acting funky this afternoon and I’ve got Bill Fox, my CTO, working with our server provider to get the problem resolved. Let’s reschedule this week’s Live Q&A Chat for Friday at 2pm EST.