"Intelligence alone doesn't mean a damned thing. Here in your university, intelligence, education, knowledge, have all become great idols. But I know now there's one thing you've all overlooked: intelligence and education that hasn't been tempered by human affection isn't worth a damn. Don't misunderstand me, intelligence is one of the greatest human gifts. But all too often a … [Read more...] about WRONG!
Trade Alert: Two Trims, Fed Prediction, And ChatGPT Helps Me Write a Wall Street Comedy
A few notes to turn through for today. Also, let's do this week's Live Q&A Chat at noon ET tomorrow (Wednesday). First off, I'm selling DOCU and SHOP and removing them from the portfolios for now. I still like both companies but I'm want to free up that capital as we are digging deep into some other stocks that are probably more Revolutionary than these two and that I … [Read more...] about Trade Alert: Two Trims, Fed Prediction, And ChatGPT Helps Me Write a Wall Street Comedy
Even Extremes Are Cyclical
Amaris is back home. Thanks for bearing with me while I spent some of the last few days and nights with her at the hospital. I sure won't complain about that though, as she is home and healthy again. My wife is such a rock and she finally might get a night or two of sleep now. And my older daughter Lyncoln just keeps being awesome and fun and smart (sometimes almost too … [Read more...] about Even Extremes Are Cyclical
China’s A Real And Growing Threat
I had a fun but brief appearance on Fox Business yesterday. Here's the clip. Here's the notes I sent to the producers before the show answering their questions in bold so that Charles Payne, the anchor of the show, would have an idea of what I would be trying to say on air. Topic details are below – please send over your notes/thoughts on the topics. TOPIC: CHINA … [Read more...] about China’s A Real And Growing Threat
Entering A Stock Picker’s Market Paradigm (Also, I’ll Be On TV Today)
I'll be on Fox Business with my old friend Charles Payne today during the 2pm ET hour (likely around 2:45pm ET). We'll mostly be talking about China/US tensions, the threat of Tik Tok, etc. Meanwhile... it's time to play the 21st century version of TVPoww. You yell at your screen "Powell, Powell, Powell!" and if you yell at the exact right moment, you win money! As … [Read more...] about Entering A Stock Picker’s Market Paradigm (Also, I’ll Be On TV Today)
Revolutionary Magnets (PLUS Trade Alert: Buying Rivian, Selling U)
"No self-control A chain reaction as my body lets go A strange kind of light The tempo takes me and the circuit excites Magnetic The rhythm of a dangerous dance (Let's dance in the static) Suck you in twice as fast Magnetic The rhythm of a dangerous dance (Let's dance in the static) Suck you in, you'll never last" Earth, Wind and Fire Before we jump into the … [Read more...] about Revolutionary Magnets (PLUS Trade Alert: Buying Rivian, Selling U)
Everybody Thinks Their An Expert On Everything (And That Can Give Us An Edge!)
It's funny and annoying how everybody seems to want to be an expert on everything and think they can achieve being so by hanging out in social media and cable new echo chambers. People really do think reading the timeline they are being fed by the algorithms on Facebook, Twitter, etc and watching two minutes of TV coverage on any particular topic means they know enough about … [Read more...] about Everybody Thinks Their An Expert On Everything (And That Can Give Us An Edge!)
Stock Market Events That Mattered
Bryce Smith is my new partner but you might remember him having helped me write a book about the stock market and some Trading With Cody analysis over the years too. Ten years ago, we wrote a book called, "Stock Market Events That Mattered (Or Did They?): A Choose-Your-Own-Experience Stock Market Adventure Book" where you get to go back and put yourself in the shoes of a hedge … [Read more...] about Stock Market Events That Mattered
Bear Strategies, Real Estate Damage, Why Sell NVDA Not TSLA, And Much More
Here's the transcript from today's Live Q&A Chat. Q. Also, are you bearish from all of the greed right now? If so, where do you like PUTS (or maybe even CALLS on things like VIX). A. I'm not sure I'm out right bearish or anything but I'm definitely not an outright bull right now like I was back at the end of December when I was putting money to work on common and … [Read more...] about Bear Strategies, Real Estate Damage, Why Sell NVDA Not TSLA, And Much More
Trade Alert: Trimming And Even Selling Some Here
I'm back and am pretty much full speed after that heart attack thingee I lived through a couple weeks ago. Fact is that I'm actually feeling pretty darn well and healthy at this point. I'm eating better, I don't get to drink beer any more and on Friday I go to the New Heart Foundation to get my new workout regimen. I can't wait to get for the weather to get a little better so I … [Read more...] about Trade Alert: Trimming And Even Selling Some Here