Here’s the transcript from this week’s Live Q&A Chat. Q. Any trimming before earnings? A. Yes, I trimmed some TSLA yesterday and have trimmed a few other stocks as noted in the last few weeks. I also added to a few index hedges, as noted too. Q. Hi Cody, Along those same lines, I have a hard time trimming longs where I have a high degree of confidence, namely TSLA. … [Read more...] about Trading Discipline, Trump vs Bitcoin, Tesla Talk and more
Trade Alert: Tesla reviews underscore how Consumer Reports is biased and hypocritical
Consumer Reports has been bashing Tesla for the last few months, and the lack of rigor in their analysis has made me cynical. So I dug into CR's supposed objectivity and consumer advocacy. And I didn't like what I found, as it confirmed my suspicion that CR is not even trying to be unbiased in their car review business. For a little background, according to Wikipedia, as … [Read more...] about Trade Alert: Tesla reviews underscore how Consumer Reports is biased and hypocritical
A look at both sides of the markets, sentiment, valuations and more
On the one hand, Jesse Livermore is famous for trading stocks. On the other hand, among other quotes from Jesse Livermore, are these two: “Money is made by sitting, not trading.” and “It takes time to make money.” On the one hand, the S&P 500, Nasdaq and the DJIA are all at all-time highs. On the other hand, the small cap and biotech indices are having a hard time … [Read more...] about A look at both sides of the markets, sentiment, valuations and more
Sliding puppy, Bitcoin maximalism, Rate cut playbook, Best battery stocks
Here’s the transcript from this week’s Live Q&A Chat, including a discussion about gene editing technologies, how much cash is too much and much more. Q. I know it depends on your situation, but I've been trimming and trimming and not buying anything. Currently about 40% cash... too cash heavy? Am I missing out or being prudent? A. You are correct that it depends on … [Read more...] about Sliding puppy, Bitcoin maximalism, Rate cut playbook, Best battery stocks
Huawei and Samsung issue worrisome guidance
Stocks today seemed to continue what's bee in a bit of a pause/pullback phase, just about as I'd expected in my recent short-term markets analysis in which I'd written: "As for the playbook here — it’s this. I expect that the path of least resistance for the stock market near-term is lower. I’ve added some put and other small hedges recently and raised some cash. If the … [Read more...] about Huawei and Samsung issue worrisome guidance
Inverse ETFs, Best hedges, Censored independents and more
Here’s the transcript from this week’s Live Q&A Chat. Q. For those of us who do not do (yet) puts would you recommend to go with inverse ETFs? Say if you sell QQQ puts would SQQQ be similar trade? Should I do it? What is cons? Since markets tops I am looking at opportunities to trade shorts with you. Your thoughts are very much appreciated! Thank you! A. First, let me … [Read more...] about Inverse ETFs, Best hedges, Censored independents and more
News that matters: Headlines, charts, analysis and playbook
We'll do this week's Live Q&A Chat tomorrow morning at 7am ET in the TWC Chat Room or just email us your question to support@tradingwithcody.com. For this report tonight, I'm going to run through a few headlines and add some commentary to get more context around where we are and what matters. Then I'll review, draw some conclusions and lay out the near-term playbook for … [Read more...] about News that matters: Headlines, charts, analysis and playbook
Risks of downturn, Bitcoin knockoffs, Gold spike and more
Here’s the transcript from this week’s Live Q&A Chat. Q. Cody, I know you have said that the market is a better sell when rates are going down than a buy. But the market rallied in 1998 and 1995 when the Fed cut, and December 1999 when it eased financial conditions. My take on the rationale is that if the Fed is cutting on a real economic crisis (read 2001, 2000 than it … [Read more...] about Risks of downturn, Bitcoin knockoffs, Gold spike and more
Trade Alert: Latest Positions with flashbacks (and quite a few trims)
Don't forget this week's Live Q&A Chat tomorrow morning at 7am ET in the TWC Chat Room or just email us your question to support@tradingwithcody.com. Here is a list of my latest personal portfolio positions and most of the hedge fund positions with updated commentary and ratings for each position. You'll notice there are several trades (marked in bold) that I'm making, … [Read more...] about Trade Alert: Latest Positions with flashbacks (and quite a few trims)
Trade Alert: More puts, Silver vs Gold, FB’s crypto vs Bitcoin and Bernice the Great Pyrenees
Here’s the transcript from this week’s Live Q&A Chat including discussion on my Tesla presentation, the market's rally today and the new FB crypto. Q. Does it look like the Fed cuts 25 points in July and the market moves higher? A. The fact that your question implies that its fait accompli for the market to move higher when the Fed does eventually cut 25 basis points … [Read more...] about Trade Alert: More puts, Silver vs Gold, FB’s crypto vs Bitcoin and Bernice the Great Pyrenees