Here's the transcript from this week's Trading With Cody Live Q&A chat. Q. Do you see the S&P up or down before Christmas? A. Slightly down from here, but lots of volatility along the way. Q. Cody, are you more bullish or bearish now versus when you did your great reset earlier this year? A. Ooh, that's a tough question. I'm less bearish on some of the … [Read more...] about Trade Alert: A Couple Nibbles, HF Crypto Update, SpaceX BK?, Lots of Stock Questions
Trade Alert: Buying Unity U, Nibbling On Some Old Favorites Too
I'm not in any rush, but I am doing a little bit of nibbling on some of our names that have been crushed lately. I've been nibbling some of the following common stocks, just trying to take advantage of this panic since we got so defensive before the panic started: U Unity (New, old name. I'm buying it again. I'll write up a new Trade Alert for it soon.) UBER Uber SPOT … [Read more...] about Trade Alert: Buying Unity U, Nibbling On Some Old Favorites Too
Economy And Markets Analysis: This Ain’t Goldilocks Anymore
The markets sure got ugly last week. While I continue to think that the biotech sector has some interesting opportunities that I'm working on and have started buying a couple new biotech names lately, I'm not in any rush to load up on stocks even as the pullback has kicked in during what has almost always been, at least until this year, a historically strong week for the stock … [Read more...] about Economy And Markets Analysis: This Ain’t Goldilocks Anymore
Market Resiliency, Space Faves, U vs RBLX, And More
Here's the transcript from this week's Trading With Cody Live Q&A chat. Q. What is your view on S&P in coming weeks? A. It's been so resilient all year that it's hard to say anything but that it'll probably continue to be resilient, but I do have a S&P 500 short hedge on in the hedge fund right now as I often do. I'd rather short the SMH or the IWM than the … [Read more...] about Market Resiliency, Space Faves, U vs RBLX, And More
Trade Alert: Two New Stock Picks For The Biotech Basket
Here are two stocks that I have started buying to put into what I'm going to call my "Biotech Revolution Basket" in both my personal account and the hedge fund. I'm keeping these positions small. And remember that we don't all have to rush into these names all at once as the collective buying power of Trading With Cody community can make these things jump when I send out a … [Read more...] about Trade Alert: Two New Stock Picks For The Biotech Basket
SpaceX Competes, Web 3, Rips To Dips And Lots Of Stocks
Here's the transcript from this week's Trading With Cody Live Q&A chat. Q. Hi Cody, Seems like we are in a very crazy market. On any given week a stock can go up 25% and then down. Was wondering if it makes sense to sell off these stocks on crazy increases (speculating it will probably go down) i.e FUBO. Not big on day trading, but there seems to be money to be made in … [Read more...] about SpaceX Competes, Web 3, Rips To Dips And Lots Of Stocks
Why I Didn’t Invest In This Good Depression Fighting Company
I'm in NYC this week for some business meetings. It's great to see the city bouncing back with vibrancy again although I remain extra careful about crowds, germs, masks etc as I am not willing to take any unnecessary risks that might put little Amaris at risk somehow. I'm not fighting this market too hard, but I remain quite concerned that we're in the midst of this blow-off … [Read more...] about Why I Didn’t Invest In This Good Depression Fighting Company
Space Hotels, Blow-Off Tops, I’m With You and More
Here's the transcript from this week's Trading With Cody Live Q&A chat. Q. Cody, how is your daughter doing? A. She's adorable and doing well. Thank you for asking. Q. The International Space Station is expected to be retired by the end of this decade. NASA is turning to companies to build private space stations in orbit and anticipates saving more than $1 billion … [Read more...] about Space Hotels, Blow-Off Tops, I’m With You and More
Trade Alert: Get More Defensive Into What’s Likely Blow-Off Top Action
Ever heard the term "blow-off top" in regards to the market? Investopedia defines it as: A blow-off top is a chart pattern that shows a steep and rapid increase in a security’s price and trading volume, followed by a steep and rapid drop in price—usually on significant or high volume as well. The rapid changes indicated by a blow-off top, also called a blow-off move or … [Read more...] about Trade Alert: Get More Defensive Into What’s Likely Blow-Off Top Action
Trade Alert: Trimming Some Into The Trillion Dollar Euphoria
Big day for many of our positions so let's recap some of today's action along with anything else that stands out to me. QCOM ramps big, up about 15%, after a big earnings beat and guidance raise. Turns out 5G is gonna be big for the company. Sound like something we might have expected? Yea. Anyway, I trimmed a little bit of my common QCOM in the hedge fund just to be … [Read more...] about Trade Alert: Trimming Some Into The Trillion Dollar Euphoria