Gonna be another light day of posting as I’m on the road heading back from NYC to DEN to ABQ to RUI. There are forest fires ablaze all around our home and land. Everybody’s safe, but man. I bought some more Marvell common stock and that’s my only trade of the day. Riverbed’s now up […]
I don’t care one iota about the existence of the Euro…
I just snuck out of a bunch of fascinating meetings with the Dow Jones folks to address the markets and the latest “the Euro still exists!” relief rally. I’ve been saying for weeks that we should ignore Greece because it doesn’t matter and that any and all Greece-related selling was a great buying opportunity. I […]
I’ve got a brand new long pick for us today…
I’ve got a brand new long pick for us… When I added Microsoft to the model portfolio a few months ago, it was in large part because the company’s new Kinect motion-gaming peripheral and how hugely successful I expect Kinect to be for Microsoft in coming years. Right now, Kinect is primarily sold as I […]
50 Stocks for the App Revolution – Updated Edition Now Available
The newly updated 50 Stocks for the App Revolution eBook is now available for free to TradingwithCody.com members. Click the link below to visit the eBook page, where you’ll be able to view the new edition directly on the web page or as a PDF. https://tradingwithcody.com/ebooks/50-stocks-for-the-app-revolution-updated-june-2011/ You’ll need to be logged into your account in […]
As for the markets…
I’m sitting in Washington Dulles airport waiting to board to NYC for meetings and what not tonight and all day sessions with the WSJ/DowJones/Marktwatch peeps tomorrow. As for the markets, they are up nicely today and so is our portfolio. Riverbed’s now up $5 from where we were buying calls in the name just […]
The technical traders and momentum guys are starting to dig around…
Well, there’s little news in the way of more bailout for Greece’s lenders and for the first time in a long time, there’s really a dearth of macro-economic news driving the headlines if not the markets today. Even Microsoft, which today is up about 4% now, has little fundamental news to catalyze today’s move. […]
I’m still much more of a buyer than a seller as we’re near the DJIA 12k level…
Another day at the racetrack called the stock market, and they’re off. We’re up nicely this morning with two of our largest longs, Microsoft and Riverbed kicking it almost up 3% as I type. I’ve been a buyer of both more aggressive call options in each in the last couple weeks and that gives us […]
I’ll take the other side of that fear and that trade…
People might call this a bubble, but I think those people have short memories of what a real bubble looked like. For a charm of powerful trouble, Like a hell-broth boil and bubble. Double, double toil and trouble; Fire burn, and caldron bubble. — Shakespeare If you think Riverbed’s move from the low teens to […]
The company also recently warned that these very issues…
I get some pretty vicious comments on my blog at Marketwatch.com, just as I’ve gotten nasty comments on every public forum I’ve ever been a party of, from my days at TheStreet.com, Financial Times, Fox Business, CNBC, and so on. (For what it’s worth, the only exception would probably be when I got nothing but […]
Here’s a list of my positions, from largest notional to smallest…
Here’s a list of my positions, from largest notional to smallest: Longs – Riverbed Cisco Microsoft Cypress Google Nuance Corning Apple Visteon DBA Ciena Celestica Adtran Shorts – Lender Processing Services SLV GLD Cablevision XLF Live Nation
One thing you’ll not read in anybody mainstream analysis on Oracle’s report…
It’s a listless Friday morning of action out there, with tech leading on a broader soft sell off. Oracle reported a very strong and impressive quarter last night and the stock is down today. But one thing you’ll not read in anybody mainstream analysis on Oracle’s report is something that really jumped out at […]
It remains my biggest short and I continue to…
For the last few months, I’ve not minced words as I’ve repeatedly flagged Lender Processing Services as one of the clearest scapegoats of the cloudy-title/robo-signing/foreclosure-gate debacle, calling over and over “The Best Short in the Market“. I’ve called the stunning lack of simply following standard real estate law that seems to have become industry standard […]
Last week in one of my posts, I called the 12k level…
Last week in one of my columns, I called the 12k level on the DJIA a “pivot level” and that pivot level remains in play again today as we drop back below it in the early morning trading. The markets are down big across the board and the breadth today is strongly negative. That said, […]
e been doing a ton of homework on other ways to play the sudden…
I am thrilled and honored to once again be sharing a platform with my old friend, mentor and Jedi Master, James “The Bob Dylan of Wall Street” Altucher, as he’s now brought his blog to Marketwatch. He wrote an article yesterday that got me thinking, about how TV ain’t dead. In it, he cites two […]
I’ve got a special bonus coming for all of you TradingWithCody.com subscribers…
It grew increasingly sloppy as the day wore on and as we head into the close we’re at the session lows. Most traders would tell you closes like this layered into our recent down trend action isn’t bullish, but classic technical analysis methodology has never been the way to make money either in the near-term […]
We’ve been patiently waiting for this stock to “stabilize”…
We’ve been patiently waiting for this stock to “stabilize” after its recent report that disappointed Wall Street. The stock has been in one ugly down trend since that report and as I repeatedly noted, there was no need to jump and fight the sell off: You can see that it’s finally trying to turn up, […]
In much surprise to none of you, here are today’s headlines…
This time next month I’ll be shocked if we see a single headline about Greece, its budget and why the citizens agreed to make the public of Greece suffer to keep bank investors whole. Heck, this time next week the mainstream media will have decided that there’s some other major headline out there that must […]
Let’s talk Cisco…
Let’s talk Cisco. Cisco hasn’t caught a bid since it reported its second straight disappointing quarterly results a couple months ago. The stock has gotten much cheaper, as it has fallen much faster than estimates have. Back before that most recent report, back in May, analysts expected Cisco would make $1.76 next year. Now after […]
A123 has fallen fully in half since I wrote that and those puts are up 300-500%…
I was asked for an update on A123 Systems. Back when I flagged A123 as a short idea but was unable to borrow any, I was looking for two catalysts to the downside — 1. a loss of welfare subsidies for alternative energies like the kind of batteries that A123 makes but needs taxpayer assistance […]
This position will end up being much too big in relation…
Stepping up and getting aggressive into the teeth of a steady decline late last week was, as I wrote at the time, “scary” and “very hard” to do. Remember how it felt back then: Okay, I’m stepping up and buying and I’m getting more aggressive about my approach this time. Specifically, I have stepped up this […]