It’s just flat out ugly out there in the stock markets today, with higher-beta tech leading to the downside. (Higher-beta means that the stocks are more volatile on most days than the broader stock market indices). I’ve been steadily putting money to work today, as I’d noted I would earlier. I’ve purchased Celestica and Nuance […]
It’s a very ugly open this morning…bec…
It’s a very ugly open this morning…because of new concerns that Spain and Italy are to join Ireland and Greece as problem children of the EU…again. Each and every time we’ve seen the markets get hit badly here in the US over some concerns about some smaller countries in Europe who are going to bail […]
Here’s a list of my positions, in approx…
Here’s a list of my positions, in approximate order from largest to smallest, though the variations between relative sizes are decreasing as time wears on and I get these longer positions built up. We’ll have some shorter-term and newer name trades in coming weeks to complement these longer-term positions. Longs – GLW Nuance Riverbed […]
Here’s a list of my positions, in approx…
Here’s a list of my positions, in approximate order from largest notional size, to smallest: Longs – Corning Nuance Riverbed Cisco Cypress Celestica Ciena Microsoft Apple Google Adtran DBA Visteon Nokia Shorts – GLD SLV LPS LYV XLF CVC
It’s an ugly day in the markets and our …
It’s an ugly day in the markets and our portfolio’s red too. I just bought some Celestica common stock on its weakness today following its recent weakness in days of late. It’s still one of the cheapest and least-covered tech stocks in the world.
What one stock taketh away, another give…
What one stock taketh away, another giveth. (Flip it.) The hits we’re taking in Cisco and Celestica are being countered by the profits in Riverbed and Silver. Most of the rest of the portfolio is hardly budging and that means our portfolio is flat-to-slightly down on the day, much like the broader markets. I find […]
Silver has dislocated itself to the down…
Silver has dislocated itself to the downside again today, losing almost 5% this morning and making our SLV puts pop. Gold down. It sure seems to me that silver and not gold is the driver of the direction of the precious metals everyday. Nice gains in the portfolio again this morning and I’ve not pulled […]
Here’s my positions, in general order fr…
Here’s my positions, in general order from largest notional position to smallest, though they all are about where I want them to be right now: Longs – Corning Cisco Nuance Celestica Cypress Riverbed Ciena Apple Microsoft DBA Visteon Google Nokia Adtran Shorts – GLD SLV LPS XLF LYV
We are probably now more than halfway th…
We are probably now more than halfway through with the earnings season, though next week will bring another barrage and there are a few laggard reporting schedules after that too. Here’s the earnings dates for all our positions: aapl – Already Reported on Apr 20th adtn – Already Reported on Apr 13th cien – June […]
It’s a flattish open, but the story of t…
It’s a flattish open, but the story of the day is the 15% drop, the crushing of RIMM. I’ve kept us out of RIMM and even had it as a short position in the Revolution Investing model portfolio last year before I started trading again where we rode it down from over $100 to some […]
Celestica also reported some very strong…
Celestica also reported some very strong fundamental numbers this morning. This stock is one of the cheapest stocks I can find — even after today’s pop, it’s cheaper because the fundamentals are going up even faster than the stock price. Here’s the scoop on the numbers today, from Briefing again: InPlay: Celestica beats by $0.02, […]
We’re greeted with a rather listless ope…
We’re greeted with a rather listless open to start the trading week. We’ve had some wild up and down action in the four weeks since I started Trading With Cody. Just a couple days into the trading, Japan’s quake and resulting nuclear nightmare hit the markets hard, and I stepped up the buying into the […]
Foxconn is one of the biggest contract m…
Foxconn is one of the biggest contract manufacturers in China and it’s running into some troubles finding profitability despite making gadgets for the Apples, Nokias and other big smartphone/tablet vendors of the world. But before you write off the app/tablet/smartphone revolution because of Foxconn’s bad news today, let’s drill down for some deeper analysis. Here’s […]
It’s a flattish open as we remain cataly…
It’s a flattish open as we remain catalyst-less until we fully enter earnings season in the next couple weeks. Here’s a list of my longs and shorts so far: Longs- Apple Ciena Celestica Cisco Cypress DBA Corning Google Microsoft Nokia Nuance Riverbed Shorts – Lender Processing Services XLF I’m going to look to start building […]
I bought some Nuance and that’s about it…
I bought some Nuance and that’s about it into the close. Is the week already over?! It’s important for investors and traders to acknowledge the broader macro-economic cycle and how it can affect your portfolio. And more to the point, with government helping fund most of the biggest corporations and the financial sector that […]
I’ve bought some common stock in Celesti…
I’ve bought some common stock in Celestica, Cypress and Nokia, as planned. I’m as nervous as any other trader about the downside possibilities if this Japan nuclear crisis gets any more extreme than it already has — if you even believe that the governments aren’t downplaying the contamination and damage already done. But as an […]
Yesterday after the market close I said …
Yesterday after the market close I said that if we had had a down 2% day I probably would have bought more stocks yesterday. Well we have that 2% close down day this morning as the world wakes up two more nuclear headlines out of Japan. I am indeed looking to scale into long positions […]
Nice intraday rally continues as the emo…
Nice intraday rally continues as the emotions and worries over Japan’s disaster today start to fade and traders look to position themselves into the weekend. The shorts have had a huge week, and are feeling great about double digit gains in many of their most-hated positions. And that propels them to cover some of those […]
I just bought some Celestica and some sl…
I just bought some Celestica and some slightly-in-money Celestica calls dated a few months out. Careful with the call options in this name, which even though the premiums aren’t bad, there’s just not a lot of liquidity or offers out there for these. Use the common stock if you’re having problems with these options trades […]