The stock markets are trying to give back all their gains from this week and then some. Be careful, but maybe do some nibbling if you did some trimming when I was suggesting it earlier this week. And if you're freaking out over today's sell-off, it might be time to trim a little bit more anyway, just to let out some of the pressure. Now onto today's Trade Alert: I happen … [Read more...] about Trade Alert: A new stock in another Revolutionary sector
Here's the transcript from this week's Live Q&A Chat. But first, a few sells for the portfolio as I work to keep it focused on the most Revolutionary and/or best valued opportunities. I'm selling all of the following positions, taking some profits on them. It's not that they aren't good companies or that I've turned bearish on them, but I want to be selective. I'm … [Read more...] about Trade Alert: Culling the portfolio (and the chat made me uncomfortable)
I've spent some time the last couple weeks studying Brexit and its potential market ramifications and here's what I've come up. I started doing the analysis on the assumption that there'd probably be a chance to buy British stocks on the cheap as Brexit was supposedly about to happen. But after reading just about everything I could get my hands on about Brexit -- including … [Read more...] about Trade Alert: Brexit playbook (or Putting on my British shorts)
I sat down to write up a market overview to send out along with these Trade Alerts, and thought that doing an update on the "Five things that could end The Relentless Rally of 2019" by seeing if any of the five bullet points have changed. To review, here's what I'd written on February 15: "Will the relentless rally of 2019 ever relent? Certainly it will, but perhaps not … [Read more...] about Trade Alert: Markets update and doing some hedging/trimming
The markets have started to trend a bit lower and there are thousands of stocks that were are now down 10-20% or more. Many of which are great companies who had terrific results but were clearly overbought at their recent highs, including, say, PANW which I was adding to earlier this week. Two others were SPLK and ZEN, both of which I've nibbled on some starter positions. On … [Read more...] about Trade Alert: Lots of stocks down big out there
Before we jump in, let's hit on a couple Trade Alerts. I'm buying more PANW today, a pretty big tranche. The company's topline and gross margins both look to be accelerating. I'm selling my DY for a loss. We got a nice bounce off the lows post-earnings blow up, and I'm being disciplined and culling the portfolio. Here’s the transcript from this week’s Live Q&A Chat, … [Read more...] about Trade Alert: PANW, DY Plus chatting about Balance, Price targets for arbitrary timeframes and more
Don't forget that we'll do the Live Q&A tomorrow at 9am ET. Join me in the TWC Chat Room or hit reply to this email with your question. Meanwhile, the markets have gotten hit pretty hard on a reversal from their new highs earlier this morning. Why? Probably, as I'd outlined on February 15: "Will the relentless rally of 2019 ever relent? Certainly it will, but perhaps … [Read more...] about Trade Alert: What’s causing today’s reversal?
Let's do this week's Live Q&A Chat tomorrow at noon ET. You can ask me anything obviously. A couple trade alert and updates for you in the meantime. 1. Dycom's earnings report results weren't great, but I am quite surprised (and in pain) over how sharp the decline in that stock is today. I nibbled some more today as the selling seems overdone and panicky. 2. … [Read more...] about Trade Alert: Earnings, zingers and droppers
So, maybe Warren Buffett's not so smart after all — shifting consumer tastes challenge the Oracle - Chicago Tribune 2/27/2019 Imagine a company that distributes its content in 120 countries around the world. In some of the places where you get get its content, it's literally the only content that you can get there. Now imagine that the company has been spending billions to get … [Read more...] about Trade Alert: Eat this Revolutionary Distribution Network
What's the hardest trade to make right now? Buying more? Shorting into the strength? The permabears keep growling but are they about to finally give up and mark a short term top? We can't guess when that will finally happen. I'm reprinting my article from last Friday about what could end The Relentless Rally of 2019 at the bottom of this post. I nibbled some more TWTR for … [Read more...] about Trade Alert: The hardest trade?