Just a quick trading update for now, more to come in a bit. 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 day. I’m going to sell half my […]
Trade Alert – Earnings round robin tournament
I haven’t seen a lot of the movies on the list, but from sheer disappointment, I’d go with Godfather III as the worst movie sequel of all-time. And from just plain horrible unwatchable-ness I’d vote for Rocky V. Let’s run through some of our portfolio stocks which have reported earnings and update our analysis. DDD […]
Trade Alert -A cheaper way to bet on some bubbles popping
Quick trading idea to tell you dear TradingWithCody.com subscribers about. You know I’m bearish about the bubble high flyers like $NFLX, $TSLA and $PCLN for the near-term here, and I think we have a cheaper and even higher-beta way to buy some puts on this “bubbled stocks about to come back down for a while” […]
Trade Alert – More than a feeling
So many people have come and gone Their faces fade as the years go by Yet I still recall as I wander on As clear as the sun in the summer sky It’s more than a feeling — Boston Ever heard the saying, “Don’t confuse a bull market for genius” around here? When stocks are […]
Trade Alert – Volatility buyback and a tranche of bubble puts
One of our shorts, $IBM, is down pretty big today after an ugly earnings report last night. One of our longs, $INTC, is down fractionally and there was nothing earth-shattering in last night’s report there. Another short of ours, Goldman Sachs is down pretty big today too after a sloppy earnings report that showed less […]
Trade Alert – A sell, a trim and a buy walk into a bar…
I used to finish my “Cody’s Shot Clock” segment on Fox Business by reminding people that “the only thing permanent in life is family.” And family is the primary, number one reason I quit my TV career and left NYC to come back home to the mountains of New Mexico. My mom needs to go […]
Trade Alert – Buying back some puts and some true fairy tales
I’m buying back the PCLN puts I sold for quadruples earlier this week. Using December $950s. And that’s it for the trading for me today. Dollars, currency wars, volatility and gold. Lots to hit on here today and this will be one of the rare times you will see me sight the dollar action as […]
Trade Alert – Locking in a couple 300% plus gains
Selling a tiny bit of my PCLN puts which are up some 300% today. And I’m selling the last bit of my VIX calls for a huge homerun too. Still cash heavy and very hedged with my recent puts and shorts. Just gotta lock in some of these huge gains today. Wanted to get this […]
Trade Alert – Like the Pink Panther, looking to sneak in (ahead of the Street) once again
Clouseau: Does your dog bite? Hotel Clerk: No. Clouseau: [bowing down to pet the dog] Nice doggie. [Dog barks and bites Clouseau in the hand] Clouseau: I thought you said your dog did not bite! Hotel Clerk: That is not my dog. – Pink Panther Returns (1975) The recent huge success of unit sell-thru for […]
Trade Alert – Buying puts on Balloon Fiesta Weekend
Watch this video of “Albuquerque Balloon Fiesta 2012 | Time Lapse“. Remind you of anything? The balloons be stock prices all inflating and floating into the sky in the current stock market bubble. Tense week on the Street, glad it’s almost over. But still 15% of the trading week to go. I am going to […]
Trade Alert – Ron Paul, Peter Schiff and a stock market bubble
Don’t forget this week’s Live Q&A Chat at 2pm EST at https://tradingwithcody.com/chat. I’m buying a second tranche of P January $24 puts today. Would like to buy one more tranche in the next week or so, but we’ll see what pitches cometh. I’m also covering about 1/10th of my SPY short exposure by covering a […]
Trade Alert – Turn up the radio
Day in, day out, all week long, Things go better with rock The only time I turn it down, Is when I’m sleepin’ it off Turn up the radio, I need the music, gimme some more – “Turn Up the Radio” by Autograph Back in the summer of 2012, I added a short position in both Dollar General and Dollar […]
Trade Alert – Remember my outrageous Facebook price target?
I’m buying a little bit of XONE call options, dated out into November, with strikes around $45. Very risky, but just a small tranche of trying to add some additional exposure to this part of the 3-D printing basket while it’s down in a straight line. I am also going to add a last small […]
Trade Alert – Stand on this
First, some morning trading notes — I’m trimming just a tiny bit of my FB common stock this morning. I told you guys that after that recent blow out quarterly report that the stock would become a “Must Own” for every growth and tech money manager on the planet. So it has come to pass. […]
Trade Alert – “Blackberry won’t get taken out”…oh wait
Well, glad I sold half my BBRY puts, eh? The stock just got halted after the company just announced it’s entered into an agreement to be bought out at $9 a share. That’s probably going to drive speculation that there could be some activist shareholders and/or another consortium that would look to take it out […]
Trade Alert – Bankruptcy speculative flip
Don’t forget this week’s Live Q&A Chat at 2pm EST at https://tradingwithcody.com/chat. The crowd is growing every week, so be sure to get in there with us and learn/ask/analyze. I’m buying a tiny speculative trading position in ECTY at about 12-13 cents a share, which filed for bankruptcy yesterday. Subscriber Jahmon flagged this bankruptcy trade […]
Trade Alert – Lights, printing, and puts
Morning trading notes – I’m adding another tranche to the CREE common stock long that we started building a few weeks ago. Just a steady-as-she-goes kind of tranche building up of the position here. I’ll add another 1/3 position this morning and get up to about 2/3 as big as I plan on making the […]
Trade Alert – Portfolio bullets
End of morning trading portfolio bullets: Getting several of the major idiot sellsiders to finally punt their ratings on Apple after this week’s “disappointing” product updates is very bullish for the long-term. They’ll have to upgrade again at some point in the next couple years on valuation alone, I expect. The fact that the stock […]
Trade Alert – Risks of the new warfront rise
Societies and economies can see many years and even decades can go by with little fundamental change. Regimes and empires can last for centuries. But at some point, often in a seeming moment, everything can change. It’s possible we are at one of those moments right now. To wit, I have butterflies in my stomach […]
Trade Alert – Deep Dive Economic and Geopolitical Analysis on Syria
I have repeatedly mocked the repeated panicking over the Euro-Debt crisis and Greece and Italy and Occupy Wall Street and as I put it back in 2010, “PIIGS! PIIGS! Sovereign debt! Fiscal crisis! Commodities tanking! Deflation! Wait, no inflation! North Korea war! China currency! The PIIGS! Please find me something to panic over right now! […]