Here’s the transcript from this week’s Live Q&A Chat including discussion on the Market melt-up, where to trim and AI. Q. Feet to fire prediction for next 3 months. A. F2F guess for next 3mos is: Market falls 3.2% this week and next, consolidates quickly and rallies back towards the recent all-time highs we set earlier this week. Then, the market stops 0.9% short of … [Read more...] about Trade Alert: Market prediction, neural networks and a joyous heart
Trade Alert: Tesla Car Review
Since I was in Austin on a business trip, my wife received her Tesla Model 3 with the Full Self Driving computer Tuesday morning without me. She drove it to work and lunch and gave her mother and father and colleagues a ride in it on one of the main two streets in Ruidoso, NM. I drove the car around on that same street a few times yesterday when I got the chance to drive it. … [Read more...] about Trade Alert: Tesla Car Review
Tesla strategy, reflections and TSLA in 2019 to FB in 2012 parallels (EA, QCOM and other updates too)
Things got really interesting in the Trading With Cody Chat Room today as worries and even anger about Tesla going down a few days after we started buying it and I have been calling it my favorite buy right now -- and that's got some people upset. Here's most of the wide-ranging and smart conversation about Tesla, Qualcomm, EA and the whole approach of Trading With Cody from … [Read more...] about Tesla strategy, reflections and TSLA in 2019 to FB in 2012 parallels (EA, QCOM and other updates too)
Twitter earnings, Gold, Tesla, Qualcomm and more
Here’s the transcript from this week’s Live Q&A Chat, including more discussion on Tesla, portfolio positions, and a bit more 5G. Q. Hi Cody, we have been closing out many short positions since 2019, are you OK with the very long portfolio? Need some hedges? A. Yes and/or more cash. Q. TSLA earnings better surprise and forward looking statements be positive, … [Read more...] about Twitter earnings, Gold, Tesla, Qualcomm and more
Read this, you’ll buy TSLA and a Tesla
I've spent the last few weeks doing a deep dive analysis of Tesla. I've many investment bank research reports (great data and information, sometimes helpful analysis), Seeking Alpha research reports (great data and info but the analysis is almost always wildly negative and short-slanted), Elon Musk interviews, blogs, Twitter commentary and everything else I could get my hands … [Read more...] about Read this, you’ll buy TSLA and a Tesla
Trade Alert: Portfolio rebalancing and more on the big QCOM win
A few more trades to update you on. I trimmed a little bit of AAPL. I am selling most of my EA for a loss. Mea culpa. I covered some of my GLUU short. I nibbled some more JD. I nibbled some SPLK. I nibbled some ZEN. I'm covering some of our IBB short, about half. Also, here's more on the Qualcomm trade strategy: Q. Cody, I have huge gains in QCOM … [Read more...] about Trade Alert: Portfolio rebalancing and more on the big QCOM win
Trade Alert: What I’m doing with our QCOM common and call options now
Well, this move in Qualcomm's been pretty amazing. If you happened to have to bought some of the QCOM call options that I'd written about twice this year, you've likely got 15-20 baggers on them now. That said, recall that I’d mentioned I’d bought long-dated out of the money call options in QCOM when I was building that position when the stock was near $50 a share, much … [Read more...] about Trade Alert: What I’m doing with our QCOM common and call options now
Tesla’s computers on wheels, Cryptos, Cable vs Streaming, NBA and more
Here’s the transcript from this week’s Live Q&A Chat, including a discussion on the future of cable, Tesla's potential and upcoming earnings. Q. Here is a "way too early" question for you, although it kind of isn't. Say Bernie Sanders is next President, do you sell most stocks you own? A. Bernie Sanders is, like Trump or Obama or Bush or Clinton, completely owned by … [Read more...] about Tesla’s computers on wheels, Cryptos, Cable vs Streaming, NBA and more
Trade Alert: Several moves in the portfolio
Let's hit on a few items here to start the week, starting with a couple Trade Alerts. I've been continuing to build the TSLA long position, including today. If you can find 30 minutes, you should listen/watch this interview on YouTube from this weekend with Elon, all about Tesla's AI and Autopilot. INTERVIEW OUTLINE: 0:00 Introduction 2:35 Start of conversation: … [Read more...] about Trade Alert: Several moves in the portfolio
Why earnings could make markets could really really rally (and a PA on Bitcoin)
If I read one more analyst or pundit explaining to me how earnings are going to be bad and therefore the market is likely headed lower this earnings season, my hair might light on fire. Here's the set up as I see it here: Most analysts are expecting earnings to decline this quarter and have been ratcheting their estimates lower the last few weeks. That might mean that … [Read more...] about Why earnings could make markets could really really rally (and a PA on Bitcoin)