Amazon’s topline is light and the stock is down 10% after hours. I’ve missed two earnings trades in a row (Sandisk last week and now Amazon this week) and I’m extremely disappointed about that. I will step back and re-evaluate and step up my game. In the meantime, we rounded up and added to all […]
Today’s must-reads
Here’s what I was reading and thinking about today when I wasn’t preparing for another week of a earnings blitzkrieg. Markets/Stocks/Trading: On Corporate Cash – In the Platinum Chat section on the front page ofWallStreetAllstars.com, I got in a debate about whether Apple should split their stock because of this article. I enjoyed Merkel’s contrarian take […]
Update on STX into tonight’s report
I’m getting a lot of questions about Seagate heading into its earnings report tonight too. Here’s my answer: Feet to fire, I’d guess STX blows away the estimates on top and bottom lines. No idea if that is already priced in though and the idea that the stock could sell off tomorrow no matter what […]
Another very high-risk earnings trade
Good morning and welcome back to the office, where they put the off in ice and the ice after off. Anyway, it started out as a slightly higher market and it’s faded into a slightly lower market. I’d like to see a 2-3% pullback to start scaling more aggressively into a net-longer stance than I […]
On the markets and the Facebook IPO
Where the heck did the trading day go? It’s already the contra hour and I’ve been pedal to the metal all day but this is the first time I’ve sat at the computer all day. The markets are flattish to down. Greece sovereign debt crisis is dominating the headlines. Shocker, I know. Let’s talk market […]
Earnings trends and an update on the Riverbed puts
It’s fried-day, as my old pal Herb Greenberg from CNBC used to write back at TheStreet.com a decade ago. It was a long week with lots of headlines, earnings, and Fed developments. I’ve listened to and/or read the transcript from dozens of earnings calls not to mention having read hundreds of analyst notes in the […]
Breaking down Cody’s income streams and how they impact his portfolio
Yesterday in the chat, I was asked this detailed question and I gave these detailed answers. Our editors decided it was worthy of a full article for you guys. I agree. Q: Cody, you have mentioned several times about cash positions and it depends on how it fits into one’s own investment portfolio. Can you […]
Two trade updates and today’s links including Rebecca Diamond’s latest
Two quick items to address before today’s linkfest. Specifically, I bought some Riverbed options with strikes right around $30 or just above that expire in three to six months. Again, I’m still net long just doing some prudent hedging. Lots of questions today about EKDKQ. I’m holding that position steady and will probably continue to […]
Two earnings reports tonight to talk about
Two earnings trading thoughts into tonight’s round of reports. 1. Riverbed – The stock has been on an absolutely tear of late and is up 30% from recent lows and at new recent highs today. We’ve seen a pattern this earnings season of tech stocks that are near their highs getting hit, regardless of what […]
Who’s more scared and a Sandisk update
The markets are holding steady this morning and we remain near recent highs, which for the markets, also happen to be as high as they’ve been since last spring. The markets are near annual highs and the question that nobody seems to be asking is what happens if we bust through those highs and the […]
Adding to this long position before its earnings report tonight
You guys remember when we were loading up on Sandisk calls back when SNDK was in the $30s? It’s now at $51. And yes, we’ve taken a lot of profits along the way and as you might have noticed, the stock’s not been a big position in the portfolio lately. I’m not making it a […]
Earnings updates
“I have sometimes sat alone here of an evening, listening, until I have made the echoes out to be the echoes of all the footsteps that are coming by and by into our lives.” – Charles Dickens, A Tale of Two Cities, Book 2, Chapter 6 Well, it’s a tale of two stocks today. The echoes of […]
The Dirty Dozen: 12 stocks with Fundamentally Broken Business Models
After weeks of exhaustive research uncovering the industries and companies that are in the most trouble right here, right now, I’m proud to release my latest investment book to you dear TradingWithCody subscribers. The new book is called “The Dirty Dozen: Twelve Stocks with Fundamentally Broken Business Models”. You can access the book on the […]
Adding to a short position again
Our favorite short and one that’s been a huge winner for us is the ol’ Lender Processing Services, which likes to tout itself as a technology software company but is really almost a pureplay on the modern-day mortgage complex. The stock’s been up about 5% in the last couple days and it’s giving us another […]
Two big earnings reports tonight
Capt. Jimmy Wilder: Let’s kick the tires and light the fires, big daddy! — Independence Day It’s a brand new day with new people to meet, stocks to research and trades to analyze. Tonight we have two of our biggest positions reporting earnings — Apple and Fusion-IO. Apple is one of the most-watched earnings report […]
Fat finger typo and help for all of you with the service
Quick clarification in the numbers here. When I was typing, I accidentally hit 22 cents instead of 33 cents a share for the EKDKQ trade that I mentioned earlier. So to be clear — I’d try to get Eastman Kodak for a short-term long trade here below 35 cents a share and my cost basis […]
A very high risk short-term trade
Okay, here’s a VERY high risk short-term trade for you guys that you have seen me do before. I’m buying a very little bit using money that I know I might lose 50% or more of buying some Eastman Kodak EKDKQ common for a trade. To be clear, just like when we bought AMR after it […]
King of the Hill or what really matters
This is no time for jokes, Boomhauer. This tornado’s already classified at level 2 on the on the fujusaki scale. A storm that strong will send an egg through a barn door. Two barn doors if one of ’em is open.- Dale from King of the Hill Good morning and welcome back to the playground […]
What do YOU need to know to become a better investor?
The one thing that’s clear to me from emails and questions in the chat is that subscribers to TradingWithCody.com need more understanding of the fundamentals of the stock market, the terms of trading, and the reasons why we buy common stock, buy options like calls or puts, short common stock, short options like calls or […]
Special treat next week and latest positions to close out this week
Pretty wild week and pretty great start to the year, though today’s Google hit didn’t help. I’ve got a special treat coming for you guys next week — a new $79 investment book called “The Dirty Dozen: 12 Stocks with Fundamentally Broken Business Models” that you guys of course get free as part of your […]