"$CCIV post 'deal announcement' low. I blame this name for the poor action in the entire SPAC sector." My old buddy, Rev Shark, from TheStreet.com, wrote the above quote last night on Twitter. Trading With Cody subscribers were once again a week or two ahead of the headlines though, as you might recall I wrote this last week: "CCIV, a SPAC that has been supposed to merge … [Read more...] about Trade Alert: Covering Some Moonbeam Shorts, Adding To The New Space Stock
Trade Alert: This Rocket Ship Company Could Be A Rocket Ship Stock Too
I’m constantly scouring the world for the best ways to invest in what I think is the most obvious next trillion dollar marketplace, The Space Revolution. Recently, a handful of Space-related companies have started coming public (or preparing to come public in declared mergers) via SPACs. Most of these companies look too risky and/or even questionable in their management teams … [Read more...] about Trade Alert: This Rocket Ship Company Could Be A Rocket Ship Stock Too
Stocks Fall As Higher Rates And Inflation Make Traders Golf In The Cold
That was some ugly stock market action today. I hope that you were not in a position where it was too painful or that you'll lose sleep over your stock portfolio tonight. If you do, you might need to trim a little bit of your largest positions on the next rally. I'll remind you. Otherwise, I think markets like today can provide some good buying opportunities and a chance to … [Read more...] about Stocks Fall As Higher Rates And Inflation Make Traders Golf In The Cold
Trade Alert: How To Allocate Your Portfolio Right Here, Right Now
Back in 2013, one of my best friends from childhood asked me to help him balance his portfolio. I then ended up using the allocation tidbit to elaborate on the economic and political set up in our country and how it should impact a sample balancing of a portfolio. I thought it might be helpful to look back at this analysis from eight years ago and to see what went right and … [Read more...] about Trade Alert: How To Allocate Your Portfolio Right Here, Right Now
Cathy Woods, George Gilder And The Importance Of Valuations
Remember last week when I'd mentioned that I didn't think it was a great time to start building long-term investments? Today is a better time as the market panicked this morning. As I'd mentioned in the Chat Room in real-time this morning at the lows, in the hedge fund I did some nibbling of some of our longs and covered a little bit of our short hedges. I didn't do much in the … [Read more...] about Cathy Woods, George Gilder And The Importance Of Valuations
Trade Alert: A Must-Own Virtual Reality And Gaming Platform
I like to buy platforms, as I've explained many times over the years. Buying platforms enables you to bet on the success on all the companies and ideas and concepts that get built upon the original platform. Which leads me to a company I want to invest in called Unity Software that provides software solutions to create, run and monetize interactive, real-time 2D and 3D content … [Read more...] about Trade Alert: A Must-Own Virtual Reality And Gaming Platform
Don’t Lose Sleep In This Blizzy Blizzy Bizzle Boop Market
The market pulled back! Oh my goodness. I thought stocks only went up. The question remains whether or not this is the beginning of the end, even if the end is a whimper leading to a slow grind lower over several months and not necessarily a crash. That said, I don't quite hate the markets as much as I was hating on them last week, Was with Amaris last night, she slept so … [Read more...] about Don’t Lose Sleep In This Blizzy Blizzy Bizzle Boop Market
Be Disciplined, Not Random
Just in case anybody needed a reminder that stocks are risky, that they don't always go straight up and that your losses can be real, the cannabis stocks were exactly that today as they dropped 20-50% across the board. Look at this one-month chart that looks like it could be a one-year chart for MJ, one of the main marijuana stock ETFs: There's a lot of small cap stocks … [Read more...] about Be Disciplined, Not Random
Trade Alert: Strategies For This Blow-Off Top Market
"That’s how any good bubble starts, with enough people getting far enough ahead of themselves that the reality becomes a self-perpetuating phenomenon. Again, we probably aren’t at that tipping point just yet, but it’s coming. I don’t want to let this scare you off, we are likely at least a couple years away from a bubble bursting; the amounts being raised for new tech VC funds … [Read more...] about Trade Alert: Strategies For This Blow-Off Top Market
Trade Alert: Adding To Qualcomm, Trimming SPCE, Best VR Games, More
Howdy folks. AMA. Q. Cody - I was curious your thoughts on trimming and locking in gains during this bubble blowing bull market. We spoke on the phone once briefly while you were golfing. I am 40 years old, never married and no kids, make a base salary of 300k with bonus potential to get me up to mid to high 300k. I help run a hospital in Santa Monica, CA and get the … [Read more...] about Trade Alert: Adding To Qualcomm, Trimming SPCE, Best VR Games, More