This morning, apparently the "real" yield curve inverted. Not that fake yield curve that inverted a few times already, in which you might have made the mistake of thinking that the 30-year Treasury or the 3-month Treasury might be important. No, apparently, it was only the 10 year and the 2 year that matter as inverted indicators. And as every single outlet I read today … [Read more...] about Trade Alert: The algo’s and media suddenly fear Recession
Latest Positions with quotes from Nikola Tesla
"There is something frightening about the universe when we consider that only our senses of sound and sight make it beautiful. Just think, the universe is darker than the darkest ink; colder than the coldest ice and more silent than a silent tomb with all the bodies rushing through it at terrific speeds. What an awe-inspiring picture, isn't it? Yet it is our brain that gives … [Read more...] about Latest Positions with quotes from Nikola Tesla
Day trading, 3 baggers, Tesla Solar and more
I'm doing some trimming, just maintenance. Will send out a Trade Alert after the chat. Too much to do! Here's the transcript from this week's Live Q&A. Q. Last week, I felt like a day trader and we did pretty well. Any new short term ideas? A. You bring up an important theme here for me to hit on. That is, the markets got really volatile a couple weeks ago and as … [Read more...] about Day trading, 3 baggers, Tesla Solar and more
Trade Alert: Trimming into this big rally
I'm getting a bit dizzy with these wild swings in the markets but at least we've had some nice success using the swings to our advantage. Just yesterday, I wrote: "It’s been an absolutely wild week and a half of action. Another swift sell-off from the highs *checks charts* uh, two trading days ago. I’m selling a few index puts here, unloading a little bit of protection. … [Read more...] about Trade Alert: Trimming into this big rally
Trade Alert: Bizarro World Stock Market
Just two trading days ago, I wrote: "It’s been an absolutely wild week of action. Nice bounce from the lows *checks charts* uh, yesterday morning. I’m nibbling a few index puts here, reloading a little bit of protection. Maybe trim a little bit of the names we nibbled on during the panic *checks charts* uh, two days ago that have bounced, such as AAPL, JD, UBER, etc a few … [Read more...] about Trade Alert: Bizarro World Stock Market
Trade Alert: SEDG’s up 500%, Reloading puts, A little trimming
It's been an absolutely wild week of action. Nice bounce from the lows *checks charts* uh, yesterday morning. I’m nibbling a few index puts here, reloading a little bit of protection. Maybe trim a little bit of the names we nibbled on during the panic *checks charts* uh, two days ago that have bounced, such as AAPL, JD, UBER, etc a few others that I’d nibbled on during the … [Read more...] about Trade Alert: SEDG’s up 500%, Reloading puts, A little trimming
Trade Alert: Taking profits on puts, and a small bet on rates
Here's what I'm doing today: I trimmed some SPY, IWM puts. I trimmed a little of my bitcoin futures BRR. I think the rush into bonds is overdone and the TLT puts are quite cheap, giving us a decent risk/reward scenario with a tiny bit of capital. So I'm nibbling some TLT puts dated out into September or so with strike prices are 136-140. I nibbled a tiny bit of … [Read more...] about Trade Alert: Taking profits on puts, and a small bet on rates
Puts, Futures, Hong Kong, Energy, Cleveland Browns and more
Here's the transcript from this week's Live Q&A. Q. Cody, do you ever sell puts to enter or add to a stock at lower price or pocket some premium? A. I don’t do it often but for a stock like TSLA or other highly volatile names where the premium for the options are so high, it can make some sense to sell puts. Then again, shorting options can really hurt you so it’s … [Read more...] about Puts, Futures, Hong Kong, Energy, Cleveland Browns and more
Is the Bubble-Blowing Bull Market over?
The stock markets were down big today because: Trump China Trade War, tariffs, Yuan devaluation, suspension of Chinese imports of US agriculture, Hong Kong societal meltdown, Yield curve inversion, the Fed didn't only cut 25 bps, negative interest rates in Germany, Asian stocks collapsing, Japan South Korea trade war, overvaluations, bad technicals...I'm sure I've missed a few … [Read more...] about Is the Bubble-Blowing Bull Market over?
Trade Alert: Stay tuned, be cool, be opportunistic
Well it's gotten quite ugly out there the last week. Our SMH short and puts that I highlighted for you guys a couple times right as it was hitting $120 have really kicked in, as have our other shorts. Meanwhile, our longs are also getting slammed today. Here's what I'm up to. I will be writing more detailed analysis of the markets and economy today, but I wanted to get this … [Read more...] about Trade Alert: Stay tuned, be cool, be opportunistic