I’m trimming about 1/5th of my common stock long in Fitbit which is up about 20% since we we scaled into more of near $35 back a couple weeks ago. I’m also trimming some Amazon, selling about 1/5th of my position there which is up huge in the last few months. On the flipside, I’m also scaling […]
Trade Alert: Kicking out this loser
“Kick out the jams, I want to kick ’em out So you got to give it up, You know you can’t get enough Miss Mackenzie Cause it gets in your brain, It drives you insane” – MC5 All right, let’s deal with this loser GoPro. I’m so mad at myself for ever having flipped from long-time bear to […]
Trade Alert: Buying puts on an ETF
Don’t forget to join me for this week’s Live Q&A Chat at 2pm ET at https://twc.scutify.com/members or on the Trading With Cody app. This is such a great quote: “The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.” G. Soros. Did you realize […]
Trade Alert: Market notes, Daughter pics, and other commentary
I spent the night lying next to Amaris, who’s growing and getting healthier all the time, til 3:30am. Ready to rock n roll today tho! What’s on your minds? Markets commentary: I still think there’s room to the upside near-term as money managers and many investors still have quite a bit of money on sidelines […]
Trade Alert: When you feel really smart…
Scuttle: @CodyWillard $GOOG $AMZN are doing awesome in AH, $SNDK takeover this week. Probably, one of the best weeks this year for your portfolio. Congrats! $$$ I’ve got butterflies in my stomach because our Trading With Cody portfolio is having the kind of week it’s having. Two of our three largest positions are at new […]
Trade Alert: Locking in some profits from our homerun Pandora short
Not many traders ever get to see two of their shorts down 40% or more in a single week. But with Pandora -35% today on top of the 10% decline it’d seen earlier this week on top of our Valeant short from last week getting cut in half this week, we’re indeed in that position. […]
Trade Alert: Small cap nibble, big cap trim and markets set-up
A little portfolio maintenance here, with one nibble and one trim. I’m going to nibble some Axogen here. The stock has finally come down a little bit from our buying pressure since I added it to the portfolio a couple weeks ago. Also, remembering always that as Jim Cramer says, discipline trumps conviction, let’s trim some […]
Trade Alert: Time to cover some of our VRX homerun short
Wow, I can’t believe my eyes as I see $VRX down another whopping 30% to $100 per share this morning on news that an outfit called Citron Capital has well, see for yourself: Valeant: Could this be the Pharmaceutical Enron? Citron Publishes the Smoking Gun!! CitronResearch.com – 1 hour ago Citron Publishes the Smoking Gun!! […]
Trade Alert: Shorting Valeant VRX at $167/share
Thursday morning I was catching up with an old friend of mine who’s presently an executive at a publicly-traded biotech firm who used to run his biotech hedge fund next door to my old tech hedge fund on the 40th floor of the Texaco Building in midtown. When I mentioned my thesis about how there’s about to […]
Trade Alert: Buying more Netflix
Markets are less volatile than they were a month ago, but there’s still little complacency out there. Netflix reported very strong subscriber growth and the company has long said 2017 and on is when they will get to “material profitability” and so it goes. 150mm total global subscriber base is their goal and that would […]
Trade Alert: Four tranche buys, two trims
I’m going to make a few trades here today. Remember when the DJIA was down 1000 and hit its August lows and I wrote: Just scale into some more long exposure while others are panicking. That’s exactly what I’ll be doing this morning as I nibble on some of my highest rated stocks. I’m not […]
Trade Alert: Two stocks I’m buying and one I’m not
I’m revisiting two stocks I’ve owned before, putting them back into the portfolio today. And I explain why I chose against adding a third name. I want to diversify the portfolio away from being so tech-centric and add a new Food Revolution name to the portfolio here. Trading With Cody subscribers have seen me asked […]
Trade Alert: Biotech microcap buy and a biotech ETF short
There’s a lot of consolidation out there in the broader markets and in technology in particular and in semiconductor stocks specifically. Two of our own positions, EZCH and SYNA are up big in the last week on consolidation moves. EZCH is being bought by an Israeli competitor and SYNA turned down a $108 offer from […]
Trade Alert: Taking profits on EZ Chip and update on Synaptics
Don’t forget this week’s Live Q&A Chat at 2pm ET on the Trading With Cody app or at http://twc.scutify.com/members. I’ll be doing this week’s Live Chat session from the road as we’re taking my daughter Amaris to Albuquerque in our RV so that we’ll be there for her first doctor’s appointment since we got to get back […]
Trade Alert: A new Wearables/IoT/Tech Revolution name
With stocks selling off seemingly every day since the Fed’s most recent announcement, the fear is building amongst the longs. And with fear comes opportunity. We can find some very cheap stocks that are positioned to benefit and grow in the Wearables and/or Internet and/or Drone and/or Robotics and the over-riding App Revolution that are trading […]
Trade Alert: Short move PLUS Internet of Things and GoPro vs AMBA
1. First a quick Trade Alert – Pandora is up 6% on rumors that it won some sort of another ruling in its endless quest to pay as little as possible in royalties. One of the main reasons I’ve been short Pandora is because it’s in all this litigation over how much and how often and […]
Trade Alert: Trimming some FIT and Cody Kiss & Tell Chat Transcript
Here’s the transcript from this week’s Live Q&A Chat. And Fitbit now up 30% from where I bought more of it just five trading days ago. I’m going to trim 1/10th of my $FIT position, locking in some profits on that big of a move. Q. Good morning/afternoon, Cody. On the possible theory that he who […]
Trade Alert (Removing Three Longs) and Latest Positions
As you’ll see below, I went through and made notes of my latest analysis about each of our positions. I’m removing three positions from the portfolio. I’m selling Palo Alto Networks and Splunk and Iconix. Details in the notes below. Every few weeks I sit down and go through my entire portfolio and rank each […]
Trade Alert: Putting more cash to work in wearables
You know I’ve been patient waiting for stocks to pullback to levels that I can get excited about and we are getting there. FitBit, GoPro and Ambarella are all getting squashed today, and I’m going to nibble a little bit of each of them today, using common stock. I don’t expect that I’m nailing an […]
Trade Alert: Two new names I’m nibbling
Don’t forget to join me for this week’s Live Q&A Chat athttp://twc.scutify.com/members or on the TradingWithCody app iPhone or Android at 2pm ET or just email me atsupport@tradingwithcody.com and I’ll include your question in the transcript. I’m going to make some trades here this morning, nibbling on two names using common stock: Applied Materials – I’m buying some common stock in […]