Hermes: "Here, Dwight. The boots only cost 299 dollars and 99 cents. You invest this penny like you wanted." Dwight: "Thanks, dad. I'm gonna take this and buy 5 shares of Amazon dot com!" Hermes: "A risk taker! That's my boy." Futurama cartoon episode from July 2003 (which was probably written at least a few months before that, say early 2003) I stumbled upon an amazing … [Read more...] about Buy AMZN next time it’s the butt of a Futurama joke (and a Trade Alert: Small NVDA hedge)
Trade Alert: Hedges, Dumbest mistakes under 30s make, Contrarian indicators & much more
I have to admit that this week's Live Q&A Chat was full of questions that were ebullient and free of worry. I think it might be time to nibble a few index put hedges here. I'm nibbling a few puts in the usual suspects, including SMH, IGV and SPY. Strike prices that are about 5% out of the money on the SPY and dated out to December or maybe January. Here's the … [Read more...] about Trade Alert: Hedges, Dumbest mistakes under 30s make, Contrarian indicators & much more
Trade Alert: Disney is ready to become King of The Internet Video Revolution (15 years in!)
I've bet much of my career by utilizing and investing in what I've called The Internet Video Revolution for the last fifteen years. Fifteen years? Yes, seriously. Here's an article I wrote for the Financial Times in 2006 quaintly titled: Buy into the internet video business while you still can Cody Willard December 15, 2006 We will look back in a decade and recall that … [Read more...] about Trade Alert: Disney is ready to become King of The Internet Video Revolution (15 years in!)
Scamcoin alert, Time to trim?, Market direction, Uber vs Twitter, Slack vs Teams and more
First a personal note -- I'm going to take the family, including little Amaris, up to a cabin for the next five days. I'll be back full speed Monday. I think it'll be good for me to get a little distance from the screen for a few days, though I will obviously be working on the hedge fund a little bit while I'm gone. I'll send out a brief Trade Alert if I make any … [Read more...] about Scamcoin alert, Time to trim?, Market direction, Uber vs Twitter, Slack vs Teams and more
Pre-Trade Alert: UBER looking uber interesting here
Uber reported another quarter of big growth with topline growth at 30% and big losses of a billion dollars in the last 90 days according to GAAP metrics. With revenue on track to top $15 billion over the next twelve months, the stock is trading at less than 4x sales. With that kind of topline growth and with gross margins around 50% that will be trending higher over the next … [Read more...] about Pre-Trade Alert: UBER looking uber interesting here
Trade Alert: A little space nibble (and a pic of my unicorns)
I'm nibbling a little more SPCE (formerly IPOA), officially Virgin Galactic Holdings. The stock's going to be volatile as it's basically a venture capital bet on the future of space flight (and/or on what I expect will be a coming Space Stock Bubble) and there are no earnings or cash flows to speak of for now. I'm not making SPCE a big position at all, but a little nibble here … [Read more...] about Trade Alert: A little space nibble (and a pic of my unicorns)
Rankings for the hated stocks, WeWork is not Slack WORK, Wright’s Law & more
Here's the transcript from this week's Live Q&A Chat. Q. Cody, even though the S&P is near a record high, there is a lot of carnage underneath in growth names. but there has been a bit of an improvement there recently and traditionally the end of the year is a good time to be an owner of stocks. I am guessing that you would say that the hit to the "growthier" names … [Read more...] about Rankings for the hated stocks, WeWork is not Slack WORK, Wright’s Law & more
What are our most hated stocks?
Join me Tuesday morning at 10am ET for this week’s Live Q&A Chat. Come directly to the TWC Chat Room or just email us your question to support@tradingwithcody.com. Remember when I walked into that den of bears at the Vail hedge fund ideas conference and some of the smartest dudes in the room were openly dismissive of my idea of buying Tesla TSLA. I think we (re-) learned … [Read more...] about What are our most hated stocks?
Trade Alert and analysis: FB vs SNAP vs TWTR
Facebook hit critical mass a long time ago and the network effects from doing so continues to pay off for the company. I've mentioned before that the stock would probably be worth 70% less if Facebook hadn't acquired Instagram and Whatsapp. Instagram, in particular, basically saved this company from becoming the next MySpace. But what is Facebook doing now to stay relevant and … [Read more...] about Trade Alert and analysis: FB vs SNAP vs TWTR
Trade Alert: Earnings analysis for Tesla, Twitter, Snap, Amazon and First Solar
I got home from NYC and to bed late at 3am in NM last night (this morning?) and got play with Amaris for a while before I came into the office a few hours late. We've had a few wild earnings reports this week while I was in NYC. Here's my take on them. Snap - Snap added 7 million daily active users this quarter to hit 210 million, up 13% year-over-year. Snap also beat on … [Read more...] about Trade Alert: Earnings analysis for Tesla, Twitter, Snap, Amazon and First Solar