STOCKS TODAY The markets have no juice and have been rather volatile and down lately. But interestingly, some of our biggest positions are more than weathering the storm. Facebook, Ambarella, and HiMax are all up and at new highs, FB and AMBA both setting new all-time highs today. FB is now worth $205 billion dollars. […]
Best stock market apps for iPhone 6 PLUS Cody’s iPhone 6 Review PLUS Trade Alert: Buying options on an iPhone 6 supplier
The Nasdaq and tech are getting crushed today, down 1.5% plus. Invensense is down again, in a downgrade. Read this and explain to me the logic….Invensense has just been proven to be in the new iPhone that will sell 100 million units in the next year…but they want us to worry about a possible technology […]
Trade Alert: Scaling into more Sony
Troops on the ground, war escalating, currency wars in full fog, and the markets keep chugging right along. Steady as she goes til she stops, I guess. I’m looking to scale into some of my long positions that I’m still slowly building. The bulls are scared while the bears are dead. I’ve been saying that […]
Trade Alert: Removing CIEN and JDSU plus Updated Analysis for BKS, INVN
Let’s run through some of our positions to update our analysis. Barnes & Nobles (Short) – I have a soft stop-loss in my head at about $24 in this short that has gone against us from the start this go around. Barnes & Nobles knows it can’t be a brick and mortar retailer of books […]
Trade Alert: Taking a tranche of profits on JRJC puts PLUS Analysis on Apple, The Fed and the Alibaba IPO
The trade I am slowly putting out some offers to sell about 1/5 of my JRJC puts. I never was able to borrow any shares to short on JRJC but I did get filled on my some my puts from a couple weeks ago when I’d written: “Here’s one I’m trying to short right now and […]
Trade Alert – Scaling into our new pick using the usual tranche buying approach
No Live Q&A Chat this week. Sorry. I’m at the Dallas Airport on my way to NYC to speak at the All-Stars of Options Trading Expo. My speech is: Friday, Sep 12, 2014 11:15 AM – 12:15 PM :Educational Presentation A Straightforward Approach to Using Options in Your Portfolio Astor Ballroom at the Marriott Marquis And […]
Trade Alert: A Wearable Revolution Stock that will surprise you
$AAPL now up 3%+ at day’s highs as news of of Apple Pay confirmed and the pricing of the new iPhones hits. Mobile payments service will be called Apple Pay. Apple iPhone 6 costs $199-$399, 6 Plus $299-$499 with contract. iPhone 6, 6 Plus will include Secure Element chip to encrypt payment info for Apple. Steady as […]
Trade Alert – Shorting a hyped up, lousy tech stock (and analysis for our wearables stock picks too)
I told you recently that I’m on the lookout for Bubbled Lousy Stocks to short. Here’s one I’m trying to short right now and am bidding on some puts dated in October and January 2015 with strike prices ranging from $12.50 to down to $10s — JRJC. It’s a crappy, hyped up Chinese Internet stock […]
Trade Alert: Hedging my fruit and a new way to think about your money
I am looking at my largest position, Apple, and wondering if I should nibble a couple put options to hedge it a little bit. There’s a lot of love flowing towards Apple these days, and very little bearishness. Recall that we’d added AAPL call options back when it was in the $70s and trimmed them […]
Trade Alert: Portfolio maintenance and a complete run-down of Cody’s Latest Positions
I’ll run through all the positions in my entire portfolio with new ratings for each one. But first a few trades that I’ll be doing this week in the name of portfolio maintenance. I’m closing my positions in: DLTR, IEF, CREE and FEYE. I’ve had many mentors over the years, some famous, some random, and […]
Trade Alert: A few small tranche buys and searching for the next tech stock to crash
First a couple updates: 1. I’m going to go back in and nibble a small tranche in several of the names, I’ve recently added to the portfolio and that I’ve been slowly but surely building. Today’s round of buying is what I’m calling a “small tranche” meaning that I’m buying about 1/5 of what I […]
Trade Alert – Patience is a virtue
Travel can be tough anyway, but on Sunday afternoon in Baltimore, when I’d gotten to the airport, boarded the plane and then been ordered off as the flight got canceled, I lost a day of work and that’s why you didn’t hear from me til late last night. Markets are down fractionally but tempers and […]
Trade Alert: Correction but trade stands
Well, that’s what I get for going off memory this morning and not checking my facts. My mistake – Himax reported earnings this morning already. I’m already bidding for the options I’d mentioned earlier, the HIMX December 2014 with $6-8 strike prices, and I’m going to let the bids play out and I’ve already been […]
Trade Alert: A first strike at a new wearable play (and my speaking schedule for the Money Show)
Himax makes the eye piece in the Google Glass wearable that I’ve been raving about. The company reports earnings tonight, and I want to take a small gamble on a few Himax call options. I’m going to use the the HIMX December 2014 expirations with strike price of $6-8. The stock is down 60% this […]
Trade Alert – Selling two stocks and noting the markets new path of least resistance
It’s starting to feel sloppy out there, especially amongst the momentum highflying stocks, including some of our own. For the last couple weeks, I’ve been saying that I wouldn’t want to chase these stocks up here, and I still wouldn’t. We entered most of these positions at much lower levels than they are currently trading […]
Trade Alert: Trimming more TWTR and Cody Kiss & Tell Transcript
One housekeeping item: I’m trimming one-fourth of my remaining $TWTR call options, locking in more profits. Will likely trim all of them and be out of the trade if it gets near $44 or $45 or so. Onto the transcript from this week’s Live Q&A Chat. Join me live next week at 2pm EST at […]
Trade Alert: Trimming several recent big winners
Today is the greatest day I’ve ever known Can’t live for tomorrow, tomorrow’s much too long I’ll burn my eyes out Before I get out – Smashing Pumpkins “Today” The broader stock markets have been hitting new all-time highs all year. Corporate profits and corporate profit margins have been hitting all-time highs for several years. Confidence […]
Trade Alert: Reading the writing on the wall at BKS
Nook is dead. BKS to follow. I told you I’d continue looking for the next opportunity and I think I’ve found one for us. I think we’ve been handed a terrific opportunity to short Barnes & Noble BKS. The stock has rallied big over the last few months and it’s back to above $20 where […]
How the Drone Revolution will impact every kind of travel (and Trade Alert: Taking profits on half the Apple calls)
One trade to mention this morning. I am locking in a 250% gain as I am selling half my Apple call options from back in March. I paid about $20 each for ’em and they’re now going for more than $70 a pop. I’d explained why I bought them at the time, as outlined here. “Meanwhile, […]
Trade Alert: How I launched a hedge fund (and learned to balance my portfolio)
A few days or so after 9/11, I’d returned to Ground Zero where I had lived and been during that fateful day. I’d actually taken my cat with me when I’d run from the collapsing buildings on 9/11, but I wanted to go home to NM and needed my car. So I’d used a gas bill with […]