I just got this email from one of my mentors and friends from the hedge fund world, and it’s been making the rounds amongst traders today…read it and then read what I sent back to the group who received the blast email with me. Think about “flipping it” as you’re reading….why is all this […]
I’ll likely be adding to some of our short positions to help…
A couple days of breath-catching for the markets is probably just about the bulls should want after that 6% move last week. The markets are flat again this morning and so is the portfolio. In fact, I don’t have a single stock that’s move even 2% so far this morning, though LPS is down […]
Here’s the write up on three of our telecom equipment longs from the newly rewritten…
Here’s the write up on three of our telecom equipment longs from the newly rewritten, “50 Stocks for the App Revolution” report that you guys get full access to for free at the link at the bottom of this post. == RVBD – Riverbed Technology, Inc. Summary Riverbed’s technology helps to improve the performance of […]
Let’s do a quick run through of some of our biggest movers today…
Let’s do a quick run through of some of our biggest movers today. Silver’s up 3% and gold’s up its apparently obligatory 1/2 of that move. I’m not doing anything in either one, as we’ve got some puts that we bought when these metals just started to break down at higher levels and that are […]
Let’s do this…
Futures are mixed, there’s some M&A action (biggest one being BLUD being taken private at a 30% premium), and yet more headlines and worry over Greece’s bailout (the panicky headlines will continue until the first deposit is made from the EU to the country) and the supposed budget impasse in the US (the market will […]
Here’s a list of my positions, including our latest purchase from this week…
Here’s a list of my positions, from largest notional to smallest: Longs – Riverbed Cisco Microsoft Google Cypress Nuance Marvell Corning Apple Visteon DBA Ciena Celestica Adtran Shorts – Lender Processing Services SLV GLD Cablevision XLF Live Nation Thanks for reading and thanks for subscribing, everyone. And I’ll see you here next week.
Let’s talk about some important trading strategies that I’m employing right now…
Subscribers will recall that in my final post last week, I showed Riverbed as my single largest position. I’d been buying both common and I got aggressive in the teeth of the decline when the stock got close to $32. In the few trading days since that bottom, this stock has had multiple 5% rallies […]
And I’m keeping every single share of…
Cablevision spun off AMC networks today and for every four shares of CVC that we were short, we’re now short 1 share of AMC too. So if you were short 1000 CVC at $35 ($35,000 worth), you’re now short 1000 shares of CVC at $26 ($26,000 worth) or so and you’re also short 250 […]
I am going to sell some of the common stock in that one right now…
The Nasdaq is now up almost 150 this week. Yes, it turns out that Greece’s budget crisis hitting just when QE2 is ending and there’s supposedly a huge budget impasse in this US even as Japan’s nuclear nightmares continue and…well, you know well what everybody wanted you panicking and selling out your stocks back last […]