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 […]
Trade Alert – A swap in the long-term Social Basket
Don’t forget this week’s Live Q&A chat at 2pm EST at https://tradingwithcody.com/chat. Be there or be square, even if it is hip to be square. I’m going to make a trade in our Social Basket. My biggest position in my stock portfolios overall for the last year and a half has been Facebook most of […]
Trade Alert – Twitter on the long side, and two tranche drone revolution buys
First, the trading notes. How many times have you heard me talk about not letting emotions dictate your actions and not locking yourself into a set analysis vs. being free-thinking and opportunistic? Color me flexible — I think $TWTR is probably a good trade to the long side for the next few weeks. http://www.scutify.com/company-sentiment.html?ticker=TWTR. Even after all my bearish analysis […]
Trade Alert – Taking the huge profits on my PLUG puts and listening to the bears growl
The bears are getting loud and that’s been a short-term reciple/indicator for a bounce the last few months or year or so. I’m looking to start scaling back into some more longs and have been covering a few shorts like the $P as noted Friday and next, with my $PLUG puts. I bought the $PLUG puts when the hype […]
Trade Alert – Covering Pandora and update on Yandex
Two quick house keeping items first, one with a Trade Alert. President Vladimir Putin’s threat to subject Yandex, Russia’s largest search-engine company, to more regulation has hit the stock hard this morning. I don’t like central control from our government or any other. I do think over time that Yandex would probably end up a […]
Trade Alert – Locking in some profits on some shorts
Ebb when the markets flow and vice versa. We trimmed and got less long at the highs, and now we gently start to get more long exposure as the markets tank. Two more trades to tell you about that I’m doing here. I’m covering about 1/3 of my GSVC short, which is my biggest short […]
Trade Alert – Learn from my mistake as I cover JPM
Before you ever start trading or investing, you have to have a game plan and an understanding that you’re going to make mistakes. You’re going to sometimes buy a stock that goes down. Or you’ll short a stock that goes up. Or you’ll buy some call options that expire the day before the company gets […]
Trade Alert – Ciena tranche buy and the regulators actually listened to me!
One trade to tell you about this morning. I’m buying about a 1/5 tranche in Ciena, which is currently my smallest position in the long side of the portfolio. Still will be one of my smallest positions and I’ll be looking to add another tranche to it in coming days or weeks. One short-side trades […]
Trade Alert – Half a cover, small tranche trim, and the chart of the day
Well, it’s sure ugly out there again. Especially in the momentum stocks and in retail stocks. You’ve got Tesla down another 3% and the 3-D Printing stocks like DDD and VJET down 5% across the board, the retailers like Sears down and Barnes & Nobel down 20% and 5% respectively, and lots of other ugly […]
Trade Alert – Buying back some FB as planned. And a complete run-down of my Latest Positions
On March 10, when $FB was above $70 a share, I sent out the following Trade Alert – I am however going to trim down a bit of our biggest position, Facebook, just to lock in some more profits. I’m stepping back in and buying exactly as many shares of Facebook as I sold on […]
Trade Alert – A high risk/high reward trade on a Russian stock
Ego. Pride. Confidence. These are important traits for anybody, frankly. But they are also your enemy when it comes to trading, investing and analyzing stocks, markets, economies and anything else. I bring this up because I got a great Scuttle sent to me today where a Scutify.com member asked me about Yandex $YNDX. naveenneogi Posted […]
Trade Alert – Two tranche buys and one tranche short-sell
Markets hitting all-time highs again. Many of our stocks are catching momentum again this week too. Steady as she goes though. I’ve got a few small trades I want to make, just to help balance out the portfolio and to put some money behind the places I think are most likely to move up next. […]
Trade Alert – Cutting another long and updates on two hedges
Turn around and face ’em, Pump pump and fade ’em now. Bone come break ’em down Taking no shorts, no losses, man – Bone Thugs n Harmony When I first got to Wall Street, I read everything I could get my hands on about how the markets work, how to invest and trade, how to […]
Trade Alert – Buying silver bars on sale (and watch my bitcoin interview)
ExOne’s disappointing results put it in the penalty box for now. I’m making some calls and doing some more homework on it, but I am not impressed with the results or guidance. Meanwhile, I did just buy some more silver bars. Apmex is doing a great deal TODAY ONLY on eBay – http://www.ebay.com/itm/1-oz-APMEX-Silver-Bar-Lot-of-10-SKU-81774-/111293377776. You get two […]
Trade Alert – Correction to put purchase and Weekly Q&A will be at 4pm EST
As a correction to my last trade alert — I’m NOT buying April and May XRT puts. I am buying buy the JUNE XRT puts with a strike price of $80. June, that is, not May or April. Also, I have an important meeting today at noon (2pm EST) so we will do the chat […]
Trade Alert – More insurance, hedging and some call options too
$Copper is absolutely crashing. Disparate markets around the world dislocating. Not bullish for stocks near-term, methinks. Meanwhlie, $GOLD is spiking again. Things could get ugly. Be careful out there, stocks ain’t cheap, markets are straight up and dislocating and it’s been a HUGE rally over the last five years. Just sayin’. Here’s what I’m doing. I’m buying puts […]
Trade Alert – Selling most of my fuel-cell bubble puts for huge profits
Wow, what lucky timing I had on our fuel-cell puts that I bought yesterday. And here both $PLUG and $BLDP are down between 15-25% on the day. I’m selling most of my puts now, locking in 50-100% gains on them, and keeping a few on the sheets just in case they crash further before […]
Trade Alert – Trimming our biggest position and buying puts on two bubbled fuel-cell stocks
The weakness in the momentum highflying stocks like Tesla, Zillow, and DDD remains noteworthy. I’m growing increasingly bearish about the near-term, but not necessarily changing anything in the portfolio. I am however going to trim down a bit of our biggest position, Facebook, just to lock in some more profits. I’m also going to buy […]