There was a speech by some leader of the supposed “Free World” last night? Ah, yes. The Republican/Democrat Regime’s current puppet leader came out with a $500 billion corporate welfare program to further boost the biggest companies’ earnings last night. Corporate profits as a percentage of GDP were already at historically record levels. I […]
Transcript from this week’s chat: Drivers, earners, winners, losers and more…
Here’s the transcript of today’s chat. We broke the questions and answers down into two sections as usual — Economy/markets/trading/strategy and Stocks. See you next week at 2pm EST at https://tradingwithcody.com/chat for more Q&A where you can ask me anything. Economy/markets/trading/strategy Q: Do you think that market could up into next year? Or we might […]
That is a five day chart that looks more like a five month chart…
It’s a flattish opening, but we’ve got some more fireworks going off already this morning. Sandisk is up another 4% to start the day…what a ride we’ve had in that one in the last week: That is a five day chart that looks more like a five month chart. As I’d mentioned yesterday, Sandisk […]
Panic is not a winning investment strategy…
Mmm, Wide awake and he shakes in a panic. Never woke up alone ever before. Had his woman long as he can remember. Tries to forget but he can’t, he can’t. Out of bed and he dreams in the shower. She’s standing naked and apologizing. Reaches for her till his mind becomes blood hot. Woken […]
Join me for this week’s live chat at https://tradingwithcody.com/chat at 2pm EST today…
Markets are rallying big time today, and they’re now back above where they were even before the big trashed open we returned from Labor Day weekend: Aren’t you glad you didn’t panic at that open like so many others did? I’ve not pulled any trading triggers yet today, but I’m continuing to do homework on […]
More on the trades for the coming tablet craze…
There is going to be an veritable barrage of new tablets hitting the markets this winter and into next year. The incredible shrinking price of the recently released-dropped-then-brought-back-at-least-temporarily TouchPad from the geniuses running Hewlett-Packard HPQ +0.97% has opened a lot of eyes in the industry this summer. See, Blackberry RIMM +0.23% , Samsung and others have been releasing tablets that lack […]
A trade as the masses start finding some of these Android tablets too cheap to pass up…
The markets have continued to steadily move higher in the intraday action. Indeed, take a look at the Nasdaq’s action so far today: I’m stepping up and buying a little bit more Cypress common stock. There is going to be an veritable barrage of new tablets hitting the markets this winter and Cypress is going […]
We’ve worked long and hard to build our portfolio so that we…
The markets and most stocks are down. But they’ve bounced from their morning lows and aren’t panicked any more. Still more than half the trading day left though, and I’d imagine we’ll have some more intraday swings and volatility before the fat lady sings…er, the bell rings. And even as the markets and most stocks […]
Dark is the absence of light…
A cold chill of fear cut through me, I felt my heart contract To my mind I brought the image of light, And I expanded out of it My fear was just a shadow, And then I voice spoke in my head And she said dark is not the opposite of light, It’s the absence of light And I […]
Here’s a list of my positions, both longs and shorts…
Here’s a list of my positions, both longs and shorts in approximate size from biggest to smallest: Longs – Google Sandisk Apple Riverbed Cisco Marvell Nuance Microsoft Cypress Autodesk DBA Ciena Corning Visteon Adtran Shorts – LPS Wells Fargo Cablevision Live Nation SLV Thanks for subscribing and reading. And if you are one of the many […]
I did just buy a second tranche of the…
The biggest question heading into the long weekend is whether the markets will break the -3% threshold before the close. Then again we might actually get some buying/short covering into the close. Whatever happens in the next 3060 seconds (51 minutes), it’s not going to make or break us. I did just buy a second […]
Transcript from this week’s chat: Interest rates, AT&T merger, oil and much more…
Here’s the transcript of this week’s chat. We broke the questions and answers down into two sections as usual — Economy/markets/trading/strategy and Stocks. See you next week at 2pm EST at https://tradingwithcody.com/chat for more Q&A where you can ask me anything. Economy/markets/trading/strategy Q: Considering the FED is not going to increase the rates till mid […]
And the main catalyst today is the jobs number…
The broader markets are down nearly 2% across the board, but the bigger technical story is really the breadth — more than 5 negative stocks for every 1 positive stock today. The selling is broad, in other words. And the main catalyst today is the jobs number: More green lines above 0 and fewer green […]
Stay up on top of the news, trends…
Gotta blame it on something Gotta blame it on something Blame it on the rain that was falling, falling Blame it on the stars that did shine at night — Milli Vanilli I mentioned earlier that it “felt” like the markets were likely to follow the Ruidoso weather pattern of late — sun in the […]
It’s a beautiful sunny day, likely to give way to some afternoon rain showers…
It’s a beautiful sunny day, likely to give way to some afternoon rain showers here in New Mexico. Meanwhile the markets have been shining like a desert sun with little rain showering for the last seven trading days or so. It is, however, raining a bit on the bulls today and the broader indices are […]
What to do with Ciena now…
Flattish to down open early here this morning. Since nobody cares about Greece’s sovereign debt problem or the US budget crisis this week, maybe some macro economic news in Estonia was softer than expected today and we could focus on it. Maybe a report out of Singapore about their savings rate increasing again should get […]