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Ciena’s blowout quarter

September 4, 2013 by Cody Willard

Ciena +12.5%

Juniper +5.35%

Finisar +6.00%

Obviously Ciena’s blowout quarter has got it and the rest of the telecom infrastructure sector up big. I’m not trimming or adding anything today. I feel like a complete idiot with the Microsoft trade. I’m just going to hold the calls we got in Microsoft steady. Let’s hope that the market starts to extend the multiple in Microsoft, anticipating better results from the new CEO. Hope of course, is not a winning strategy.

Don’t forget get to join me at 2pm EST for this week’s Live Q&A at https://tradingwithcody.com/chat/. Be there or be square.

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Filed Under: Trading

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

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Disclosure: The firm in which Willard is a partner and/or Mr. Willard has positions in some of the stocks mentioned on this site although positions can change at any time and without notice.

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