First, make sure you download the Futr Messaging App, and use the “Find” function to search for “Cody” and Follow me on Futr. I’ll be sending out some 1 minute video clips with some fun/funny markets, stock, political and other commentary to my Futr followers. Don’t worry, it’s not a requirement and I won’t be posting any Premium TradingWithCody stuff on there. The stuff I’ll post is mostly just for fun. Check Futr out, if you haven’t yet.
Sony’s up 60% since we were buying it in the teens last summer and 20% in the last couple weeks. If you haven’t trimmed any yet, it’s probably time to consider doing so. I’m going to trim about 10% of my Sony SNE common stock personally. We bought Sony when it’s chart looked horrible and added more to it when it was crashing. Now we trim into parabolic charts as it’s spiking.
Meanwhile, Ambarella AMBA is back to $75 a share, triple from where I was first buying it. I’ve trimmed it a couple times in the past but it was a large position to begin with and I want to just reduce my exposure to this still-very-young company, so I’m trimming about 15% of my common stock AMBA position there.
Intel’s up 5% after a not disastrous earnings report last night. Holding my INTC common stock steady there.
Yandex up 10% on no major news. Having just added that stock to the portfolio this week, it’s a classic example of sometimes it being better to be lucky than good.
I’ll be hosting our Weekly Live Q&A Chat at 2pm EST.
Finally, I hope you do indeed download the Futr Messaging App, and use the “Find” function to search for “Cody” and Follow me on Futr. It’s just for fun mostly, and I’ll of course make my video snippets and other messages generally informative too.