• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Cancellation Policy
    • Login

Trade Alert: We Don’t Get Great Opportunities Without Broad Sell-Offs

January 24, 2022 by Cody Willard Leave a Comment

There are few places to hide. Asset classes that were in a bubble, from SPACs to Cryptos to probably even art and baseball cards, are now somewhere post-Bubble. We are now on the other side of the 12 year long Bubble-Blowing Bull Market. And the question is: does it just keep crashing now or does it stabilize if not outright bounce right back to the highs?

I don’t think the crashed speculative assets are about to bounce back to their all-time highs from last year. Ethereum and Bitcoin are down double digits today and are now down 50%+ from the all-time highs there were putting in just ten weeks ago. ARKK is going open this morning down almost 4% and 35% from their recent high (not all-time high) from November. It’s going to be a tough road for these and many other assets to get back to those all-time highs.

I got very defensive back in November as it felt like a classic blow-off top in semiconductor stocks and cryptos and other assets, but I expected a slower churn lower, not this crash that has ensued for many of these assets in 2022. I’m finally starting to get excited about some of the valuations I’m seeing in Revolutionary-type stocks and I expect that nibbling through the rubble here and starting to build some positions in the right stocks will create some legendary gains in coming years. But it won’t be easy and it won’t be painless trying to get there. We don’t want to try to time the bottom (which will be impossible anyway), but let’s remember that it’s only with these kinds of broad-based crashes/sell-offs that we can get the opportunities to buy great stocks lower than we would have otherwise.

I have preached keeping cash and staying cautious and/or even having some shorts and hedges on for a while now, even before I got more defensive back in November. I’m deploying some of that cash now into these declines and am doing so again a little bit here before the open this morning as stocks are indicated lower across the board again. No rush and I’m not going to draw a line in the sand, but I’m getting less cautious and more excited about the opportunities here. Today, I’ve bought partial tranches (maybe 5-10% of how much I want to own) in the following names for the hedge fund and/or for the personal account: FB, GOOG, IONQ, SKLZ, SNAP, TWTR, U, UBER, W.

Keep perspective and look at the car window frame, the tumbleweed, the fence, the mountains, the mountains further back, the clouds, the sky. See you up there.

We’ll do this week’s Live Q&A Chat Wednesday at noon ET in the TWC Chat Room or just email us your question to support@tradingwithcody.com.

Related posts:

Trade Alert: What history and some feet-to-fire say about AMD and the markets now
Trading With Cody Survey
Year Review And Predictions For 2022 (+ Trade Alert: Basket Of Beaten Downs)
Trade Alert: A Pure Play on IoT and Cloud Networking
Trade Alert: Two nibbles and an update on my newborn
  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Filed Under: All, Trade Alert Tagged With: all

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.

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Must Read Articles (Free)

How To Invest In Business Models From Outer Space
Everything You Need To Know About Cryptocurrencies

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Buy with Crypto

Footer

This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

Copyright © 2022 · Magazine Pro on Genesis Framework · WordPress · Log in