So, stocks are indeed getting crushed today as the world digests the possibility that Britain might be its own mostly sovereign nation once again and not a full quasi-state in the European Union. Remember when nations were just nations? As you guys know I’ve raised a lot of cash over the last year or so […]
Trade Alert: Adding to Teenager Stock Basket and life in the NYC fast lane
We see a heck of bounce back in the stock market again today after yet another down day yesterday, which came on the heels of an up day Friday…such is the way the market has traded for two weeks now. Net/net we are right now in the middle of the trading range of 17, 000 […]
Trade Alert: Teenager Stock Basket
The broader stock markets remain close to their all-time highs, but there has been utter carnage in many individual stocks out there, many of which are down 50% or 60% or in some cases, as you’ll see below, are down 80-90% even as their fundamental outlook have improved over the last year or so. Unlike […]
Trade Alert: Trimming some Amazon
Stocks have had a chance to catch the breath here with a small pullback and grind after two months of straight up rally action. I’m finding some interesting valuations in some high potential Revolution Investing type stocks, so stay tuned for those. In the latest Cody Underground podcast, I interview the one and only Todd Harrison of […]
Trade Alert: Shorting more of this highflyer and a Fitbit update
The market is punishing most any stock that fits the following criteria: Highflyers, especially not profitable highflyers Disappointing earnings reports and/or guidance Is in the solar industry Has been attacked in public by a shortseller Has the stock symbol $AAPL I’ve been adding some shorts and reducing our longs and, along with having some SPY […]
Trade Alert: Shorting a highflyer and letting go of F5
Two trades today: One short (HUBS) and one sell (FFIV), as I’m removing yet another one of our long positions. I’ve got a new short position I want to start scaling into today — $HUBS. I’ll give you the upshot of the longer form analysis below that I worked with Liam Garrity-Rokus on. Hubspot helps […]
Trade Alert: Margin of safety
After two and half months of a market that has been going almost straight up, you would think we were do for a pull back. There is an old saying that “the market will punish the greatest number of participants as often as possible”, if I may paraphrase. Of course, time frame can make anybody […]
Trade Alert: Taking some profits on Amazon
It wouldn’t shock me to see the markets pull back 2-3% or so here, if only to re-embolden the shorts but not quite give the underinvested longs a chance to get long. Then we rally right on into new all-time highs in the $DJIA and $SPX? Or, another thought — whatever happened to sideways market […]
Trade Alert: An options trade in Fitbit
Let’s talk about the small options trade I’m making. I’m going to buy some longer-dated FitBit $FIT call options. I’m going to take a small amount of capital and buy some Fitbit call options that expire out in June with strike prices around $17-18. What’s really impressive about those $FIT Alta and Blaze numbers is […]
Trade Alert: Apple trim and Spy puts
Part of the recent strong stock market action is most easily described as momentum. Momentum moves, both rallies and sell-offs, can last longer and go further than you ever think possible,. a large contingent of money managers that are underperforming the markets this year and they are hoping for a pullback. Meanwhile, the shorts didn’t […]
Trade Alert: Taking some profits on Sony, adding a small tranche hedge
Markets trading flattish this morning. Maybe it’s time for a flat market for a few days or weeks? The action has been so volatile for the last year…maybe it’s time for some churn. At any rate, I’m writing up a lot of analysis about the current short-term and long-term set up for the economy and […]
Trade Alert: New pick for the VR and SmartCar Revolutions
Two sectors that are at the top of my list of Tech Revolutions would be smart cars and virtual reality. I can think of a handful of burgeoning tech revolutions that will grow 100% or more per year for the next three to five years, including artificial intelligence, big data and wearables. But today I want […]
Trade Alert: I spy puts (and the Virtual Reality Revolution)
I’m going to hedge the portfolio a little bit more by buying some puts on the SPY and the QQQ. We’ve had a heckuva rally from the February lows and I am just going to buy a few puts to provide a little more downside protection in case the markets do get ugly again. I’m […]
The un-Trade Alert
Don’t forget this week’s Live Q&A Chat at 2pm ET today at http://twc.scutify.com/members, on the TWC App, or just hit reply to this email and send in your question. Ask me anything at all about the markets, the economy, trading strategies, tech revolutions, politics, news, apps, cooking, sports, TV, books, real estate, oil — I’m […]
Trade Alert: Puts on a new name and taking profits elsewhere
Time to lock in some more profits on our Netflix and Amazon call options that we’d bought right near the bottom back a month ago today (See Trade Alert: Panicky action, buying call options and Trade Alert: More NFLX and AMZN options). I didn’t catch the exact bottom in those stocks for the buy and I’m not catching […]
Trade Alert: Market / Fed playbook and a tranche buy
Interesting from Rev Shark and old friend Brian Reynolds: “‘A normal day in February would see investors buy $4-5 billion of new corporate bonds. Yesterday, they bought over $19 billion. That activity pushed new purchases of corporates over the quarter-trillion level for only the sixth time in the first two months of a year.’ This […]
Trade Alert: More profits from NFLX and AMZN calls
If you were freaking out and/or panicky at last Wednesday’s lows when the Dow Jones Industrial Average (DJIA) was at 15,500 and the S&P 500 was at new 2 year lows — now is the time to lighten up a little bit. If you were panicking last Wednesday and wanted to go to cash when […]
Trade Alert: Fed speaks, markets rally, we trim calls
I am in Dallas for the CFA event, to which I was invited by a reader of mine with whom I had been trading emails for more than ten years. I am very excited about moderating a panel with Jeremy Siegel, Professor, Wharton School, University of Pennsylvania, William H. Eigen, Chief Investment Officer, J.P. Morgan […]
Trade Alert – Partial profits on KNDI puts PLUS Chat Room
As I mention below, I’ve raised cash, reduced the size of our longs, cut our number of longs in half and put on some more shorts in the last year. I certainly wish I’d gone almost all to cash and loaded up on shorts back when I wrote “The Great Corporate Debt Bubble“, but I […]
Trade Alert: Nibbling NFLX and AMZN call options, covering 1/3 GWPH
Well, it’s an ugly open here this morning to the new week, following up last week’s ugly action and the ugly close on Friday. U-G-L-Y is the theme out there. To review, I remain a bit bearish on the broader markets and remain high on cash and mostly patient in scaling into any more long […]