The weakness in the momentum highflying stocks like Tesla, Zillow, and DDD remains noteworthy. I’m growing increasingly bearish about the near-term, but not necessarily changing anything in the portfolio. I am however going to trim down a bit of our biggest position, Facebook, just to lock in some more profits. I’m also going to buy […]
Trade Alert – Two drone nibbles, Trader’s Deep Thought of the Day, and must-reads
The S&P 500 keeps touching new all-time highs, but the momentum stocks in particular are getting hit pretty hard today. On the other hand, I’ve seen enough comments about tomorrow’s economic reports catalyzing a big move in the markets that I wonder if we’ll most likely just get boring trading action tomorrow. No rest for […]
Trade Alert – Buying some index puts and two tranche buys too
So…are there ANY bears or shorts out there reading this? Are the shorts dead? Does that mean a short-term top is around the corner again? I want to hear from all of you here on Scutify! Post a Scuttle here: http://www.scutify.com/scuttles.html. Trader’s Deep Thought of the Day – Why aren’t you scared about a crash? Haven’t […]
Trade Alert – Victory, conviction, discipline
Now Ev’ry gambler knows that the secret to survivin’ Is knowin’ what to throw away and knowing what to keep. – Kenny Rogers, The Gambler I’m closing out two of our long positions with big gains and putting a check in the win column on each. Let’s just jump right in, shall we? I’m torn […]
Trade Alert – Trimming the Triquint as we look to exit and lock in a huge win
Tqnt to merge with rfmd. Both popped big this morningon the news and are up a full 20-30% in the early morning trading. Rock on and congrats. I’m not an arbitrager, and I’ll likely be selling all of my TQNT over the next couple days. I will go slowly. I’ll probably do it mostly tomorrow, […]
Trade Alert – Starting a basket of Drone Revolution plays
It’s easy to get lost in the back and forth of the near-term action of the markets. And I, for one, do think it’s wise for even long-term investors to take some stock exposure off the table when markets are at all-time highs (as I was suggesting and doing myself back when the markets were […]
Trade Alert – A basket buy plus a bunch of must-reads and commentary
Okay, I’ve caught my breath a bit after my earlier rant about 3-D System’s management, but the fact remains that I have pretty much lost all faith in that particular companies competence once again. I’m likely to remove DDD from the 3-D printing basket and to replace it with a smaller company. More details as […]
Trade Alert – Small tranche buy of $XONE
The DJIA is down another 200 points and down over 300 points on the day since I penned that opening piece. This 100 point down day in the $NASDAQ is how fear starts to build into panic. Wouldn’t bet on a bottom here, but I’m going to look to put a little money to work. […]
Trade Alert, Baby update, and investing in the Scutify/WSAS offering
Baby and mama are fine and well, but we’ve been at the hospital for a few days here a few hours from where we live and won’t get home til later this week. Hug your parents and/or your children tonight! I’ll be back in full swing sometime next week. In the meantime, don’t forget to […]
Trade Alert – Herbalife close (and a personal note)
Don’t go posting it all over the Internet, but my wife is 39 weeks pregnant and we’re about to welcome Ms. Lyncoln Lee Willard to this world! I get why people call a new baby a miracle. Amazing times. I’ll probably be a little bit light on the writing after the baby is born in […]
Trade Alert – Covering the tiny Ubiquity short
Couple of quick notes from you here from the doctor’s office. #1. I can’t make the chat today, so we’re rescheduling it for tomorrow, Thursday January 9, at 2pm EST at https://tradingwithcody.com/chat. #2. Sandisk is popping off the strong Micron report, what highlighted strength in flash demand. Sandisk is still cheap especially when you consider […]
Trade Alert – Buying some shiny (and some must-read links)
Every man is equally entitled to protection by law; but when the laws undertake to add… artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society — the farmers, mechanics, and laborers — who have neither the time nor the means […]
Trade Alert – Partial tranches (and what happened during the Live Q&A yesterday)
In the middle of my TradingWithCody Weekly Live Q&A Chat yesterday, I heard a crashing sound downstairs and found my father in law who had fallen off a ladder and among other injuries had badly broken his arm. I felt a sickening feeling and sensed my own self starting to go into a shock-like state […]
Trade Alert – Gold coins, Softee calling and “This won’t end well”
Two trades to mention for you here first. I’m going to trim about 1/10th of my MSFT call options, as they’ve now become nicely profitable. I also bought a few more gold coins this weekend, paying just over $1300/ounce. We were set up for this now ongoing Bubble Blowing Bull Market back in 2010 and […]
Trade Alert + Dividend stocks deep dive
I’m going to buy another tranche of Intel common stock to the sheets this morning. It’s still a tiny position for us and I want to build it up a bit, for reasons laid out below. You can buy Treasuries right now and get less than 1% interest on your money. You can buy CDs […]
Trade Alert – Proven wrong
Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude. – Thomas Jefferson No amount of experimentation can ever prove me right; a single experiment can prove me wrong. – Albert Einstein Here are some of the most important lessons every […]
Trade Alert – Here comes the next tech bubble (but for now, two new hedges)
Let’s get caught back up on a bunch of our positions and recent analysis because after putting in 18-20 hour days for the last couple months subsequent to having acquired Scutify.com and seeing its traffic explode, I’d pushed myself to the point of exhaustion and slept most of the last three days. There’s a huge undercurrent of […]
Trade Alert – Locking in more Tesla put profits
I’ve talked a lot about my $TSLA puts and most recently here – https://tradingwithcody.com/2013/11/06/trade-alert-locking-in-profits-and-noting-how-mea-culpas-are-key-to-success/ And I’ll repeat what I wrote earlier, “Tesla’s quarterly report was exactly as I’d expected, not up to the elevated expectations. So the stock was off about 10% earlier this morning and is now off nearly 15% an hour into the trading […]
Trade Alert – Everything you need to know about $TWTR and locking in some $GSVC profits
I’m so disappointed with how Twitter’s management and bankers have brought this company public today that I don’t know that I’ll ever invest in Twitter. See, by my calculations, $TWTR just left $1.6 billion of shareholder money on the table by pricing their 80 million shares of stock they’ve sold $20 under where the market is today. If […]
Trade Alert – Locking in Softee profits and noting how mea culpas are key to success
There are times when stocks are boring, rangebound and steady-Betty. This is not one of those times. Even as the markets seem to be having a hard time breaking out to meaningful new all-time highs, there’s just a continued wild undercurrent in many of our stocks. I make many mistakes and one of the keys […]