Lindsay is down nearly $10 from its recent highs, even as it remains up nearly $10 from where we first started buying it. I’ve not sold a share since we first bought it and I’d like to add to it now while it’s down even as its outlook and visibility into that outlook for the […]
Trade Alert: Buying when it’s down
The headline on Baidu’s breakdown today: Baidu [BIDU 111.84 -10.96 (-8.93%) ] fell after Deutsche Bank downgraded the Chinese search giant, saying it was expected to lose traffic share to Qihoo 360 Technology [QIHU 23.49 -1.09 (-4.43%) ]. Nothing new here for long-term investors, as we are betting on the Baidu platforms in web and mobile to enable huge growth for the company for the […]
Trade Alert: Facebooking boogie
Facebooked. Facebook took it on the chin, but you can’t judge the Facebook report by its cover. At any rate, this is part of investing and trading. You make your bets, and they don’t always work out in the near-term and you get up and do it all over again. Facebook’s down a couple bucks […]
Trade Alert: Gaming a gamer
Good morning. Zynga reported a disastrous quarter last night and guided much lower. Here’s a sampling of the hatred it spawned today from one of the brokerage analyst notes in my in box this morning: ZNGA: Facebook Changes Likley to Pressure into 2H12; Limited Visibility and Lack of Catalysts; Neutral Rating. Zynga’s 2Q results and outlook […]
Trade Alert: Shorting the Morgans
Let’s get right to it: I’m add short positions in JP Morgan JPM and Morgan Stanley MS to our Revolution Investing portfolio. The rot at the banks has finally caught up to them, and I think this is a major historical inflection point. As I wrote this weekend in The Cody Word: I think shorting […]
Trade Alert: Playing the Patriot Bankruptcy filing
Great question from an alert TradingWithCody subscriber: zum July 9, 2012 – 9:18 pm @cody: Haven’t played bankruptcy in a while….Does PCX fits the bill? Yes, PCX’s bankruptcy filing probably does fit the bill: Patriot Coal files for Chapter 11 bankruptcyat MarketWatch (Mon, Jul 9) By the way, how about this guy’s prescient analysis, note the […]
Trade Alert: How to invest in 3D printing
Looking at our Revolution Investing portfolio makes me really excited. And looking headlines like this makes me really bullish: Roubini: My ‘Perfect Storm’ Scenario Is Unfolding Now Dr. Doom Nouriel Roubini says the “perfect storm” scenariou he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., […]
Trade Alert: Two new platform buys and a closed pair trade
Happy July 4th to you and yours. Hope and trust you’ll all be safe celebrating America’s 236th birthday, especially those of you setting of fireworks in the super-dry west. As we celebrate our revolution here is the U.S. of A there’s a non-revolution brewing in the non-United-States-of-a-Zone-in-Europe. Last week Germany decided to make ‘concessions‘ which […]
Trade Alert: A is for Apple iPad, J is for Jack
It’s time to buy Apple AAPL again. I’ve been saying that Apple is going to $1000 by 2015 since more than three years now, since the stock was a small fraction of its current quote. A little bit of the reasoning to refresh your memory: The stock’s still cheap, yes, even at $250 per share. […]
Trade Alert: Increasing the size of winners and cutting a loser
“Never change a winning game; always change a losing one.” – Bill Tilden “Losing doesn’t eat at me the way it used to. I just get ready for the next play, the next game, the next season.” – Troy Aikman We’ve had a couple of really nice trades play out for us in the last […]
Trade Alert: Short the dollars (not the dollar)
“The lady doth protest too much, methinks.” – William Shakespeare (Hamlet), Act 3, scene 2 One of the Bill Shakespeare’s most frequently misquoted lines is the one that best captures Frau Merkel. Here’s Angela on Greek bailouts in 2009: “I will not allow Germany to participate in any speculation.” And 2010: “There’s no looming insolvency,” Merkel told Deutschlandfunk. “I don’t […]
Trade Alert: Short this euro education company
Thanks for all the well-wishes that keep pouring in after last week’s inferno scorched my land. My dog, my woman, my house and my guitar are all safe, so I’m pretty damn thankful. This week Greece didn’t give markets the Sunday Smackdown everyone was worried about. No, the party that is pliant to the whims […]
Specifics on the FB trade
I’m buying FB more aggressively than usual for a new position. I’ll explain in detail in a follow-up post with the clearest fundamental analysis for Facebook that you’ll find on Wall Street but as for the opening trades in FB for me, I’m starting with some common stock here at $26 and I’m also buying […]
Trade Alert: Buying an Apple supplier and a recent IPO that will shock you
We have two new names in the portfolio today so let’s dig right into the never-ending woes in Europe. The Euro-crisis is part of the trader’s mentality, so it’s part of our reality, and it’s been three consecutive summers of the Euro-debt crisis swinging the markets. Here’s EURUSD from the last time we meet: The […]
Trade Alert: The last time the market broke my heart
I’ve got two stories full of lessons my hedge fund days that I’ll be telling you today. Both are about markets collapsing, but each has a very different perspective. First one is below with a couple trades I’m doing at the end. Stay tuned for the next one later this morning. After a pretty good […]
Trade Alert: My latest positions
You don’t need me to tell you the markets are down big today. With the naz back down over 2% and any high beta stock down much more than that, it is U-G-L-Y you ain’t got no alibi ugly out there. The playbook remains the same and you want to take advantage of this weakness […]
Trade Alert: Now is not the time to panic
It’s a down day to start the day, again. Do you remember back when Apple went straight from $500 to $620 just as the first annual Apple Investor Summit hit and how it felt like stocks would never go down again? And now…can you imagine the relief you would fell if Apple were to rally […]
Letting Riverbed float, picking some Juniper berries
The market is finally coming around to what we have known for months, that the euro bailout was a failure before it began. Just look at how the euro has sunk against the Dollar since Greece forced bondholders to take a haircut back on March 9th. We’re probably due for some kind of a Euro […]
Trades for the week of May 21st through May 25th
Here are my trades for the week of May 21st thru May 25th: Common Stock: Stock Long or Short Action Date Initiated Time Initiated Price AAPL – Apple Long Buy 5/21/2012 9:09am $538.00 FIO – Fusion IO Long Buy 5/21/2012 9:09am $19.80 LVLT – Level 3 Long Buy 5/21/2012 9:09am $22.22 SNDK – SanDisk Long […]
Trade Alert: Reviewing the playbook and adding to a wet one
Good morning and welcome back to the recording studio, where the loops don’t always repeat from one verse to the next. Patience. Buying in tranches, instead of drawing a line in the sand with each trade. Flipping the headlines and conventional wisdom on its head to find the contrarian ground. Finding the political economic outcomes […]