There are few places to hide. Asset classes that were in a bubble, from SPACs to Cryptos to probably even art and baseball cards, are now somewhere post-Bubble. We are now on the other side of the 12 year long Bubble-Blowing Bull Market. And the question is: does it just keep crashing now or does […]
Trade Alert: What I’m Buying Here
Remember when I said we were in a major Blow-Off top in tech stocks back in November? Since that article, many giant cap stocks like CRM and SHOP and almost all of the speculative stocks and even Cathy Wood’s ARKK ETF are down 40-50% or more. In ten weeks’ time! This is the other side […]
Trade Alert: A Little More Nibbling
Back in the middle of last year, I started writing about how I thought we were on the “other side of the bubble”: “One of the big tells that the market has turned from Blow-Off Top phase to being somewhere on the other side of the Bubble-Blowing Bull Market for most stocks is how they react to news […]
Watching People Dancing While Watching People Dancing Who Are Watching People Dancing; Trade Alert: A Few Nibbles, One Trim While
So I moved offices over the holidays as I’d sold my office in Ruidoso and moved my NM headquarters to an even smaller town 35 miles away. We’d already moved our household down here a few months ago in large part because this town is, 2500′ lower in elevation than Ruidoso and that has been […]
Trade Alert: Adding SKLZ To My Basket Of Beatens As Greed Turns To Fear
Santa’s not showing up for the speculative parts of the markets and people are like, “Dude, where’s my sleigh?” Omicron and the spiking covid numbers around the developed world is part of the problem for the speculative stocks this week, but as has been the case for most of this year, the mega cap stocks […]
Omicron Impact, Biggest 5 Positions, Near-Term Market Predictions, Crypto Faves and Trade Alert: FUBO Gone
Here’s the transcript from this week’s Live Q&A Chat. Q. What is your view on Omicron? Will it be serious enough to disrupt chips productions and other supply chains? A. I think it already has and will continue to do so. Covid is going to be less disruptive over time, but we are in a […]
Year Review And Predictions For 2022 (+ Trade Alert: Basket Of Beaten Downs)
Over the past week, I’ve started a basket of some beaten-up names that I think look like they could bounce here into year-end and/or into next year. I’m keeping it small but I did nibble some of the following names for this high-beta/high-risk Basket Of Beaten Downs: CGC, KD, IONQ, ORGN. I’ll write up a […]
Trade Alert: I’ve Cut My Real Estate Holdings In Half
I’m moving my offices off the mountain. I mentioned a few months ago that we’d chosen to move off the 7500′ elevation where our old house was in order to get Amaris to a lower elevation at about 5000′ elevation, 30 minutes away. I’ve been commuting from my new house to my office daily for […]
Trade Alert: A Couple Nibbles, HF Crypto Update, SpaceX BK?, Lots of Stock Questions
Here’s the transcript from this week’s Trading With Cody Live Q&A chat. Q. Do you see the S&P up or down before Christmas? A. Slightly down from here, but lots of volatility along the way. Q. Cody, are you more bullish or bearish now versus when you did your great reset earlier this year? A. […]
Trade Alert: Buying Unity U, Nibbling On Some Old Favorites Too
I’m not in any rush, but I am doing a little bit of nibbling on some of our names that have been crushed lately. I’ve been nibbling some of the following common stocks, just trying to take advantage of this panic since we got so defensive before the panic started: U Unity (New, old name. […]
Trade Alert: Two New Stock Picks For The Biotech Basket
Here are two stocks that I have started buying to put into what I’m going to call my “Biotech Revolution Basket” in both my personal account and the hedge fund. I’m keeping these positions small. And remember that we don’t all have to rush into these names all at once as the collective buying power […]
Trade Alert: Get More Defensive Into What’s Likely Blow-Off Top Action
Ever heard the term “blow-off top” in regards to the market? Investopedia defines it as: A blow-off top is a chart pattern that shows a steep and rapid increase in a security’s price and trading volume, followed by a steep and rapid drop in price—usually on significant or high volume as well. The rapid changes […]
Trade Alert: Trimming Some Into The Trillion Dollar Euphoria
Big day for many of our positions so let’s recap some of today’s action along with anything else that stands out to me. QCOM ramps big, up about 15%, after a big earnings beat and guidance raise. Turns out 5G is gonna be big for the company. Sound like something we might have expected? Yea. […]
Searching For The Space Revolution Stocks That Will Be Worth A Trillion Dollars (Trade Alert)
Well, it was a bit of a wild week after my littlest daughter, Amaris, ended up in the hospital on Saturday before getting back yesterday. She’s doing well this morning but I had to rush home again last night to help take care of her as she was not holding down any fluids. I apologize […]
Trade Alert: The Only Streamer Focused on Sports
I often wonder if we are foolish to bother talking about the broader markets. Perhaps, the best reason to discuss broader markets is only in the context of how the market is treating individual stocks in specific sectors — and even then, most of the time, it’s mostly a waste of time to talk broader […]
Trade Alert: An Immune-oncology Name (And Reversing NKLA Gears)
Two trades to tell you about. First up is a new small cap biotech name, so don’t all go crazy plowing into all at once. We’ve seen this happen before when I send out a Trade Alert on a name like this and they almost always come back down towards the levels at which I […]
Trade Alert: A New Position (Plus Market Commentary)
Would it shock anyone if the markets put in some sort of a top on the day that the company most singlehandedly responsible for getting millions of people into the markets and into cryptos for the first times in their lives came public? I’m not saying that’s what’s happening today, but wasn’t it Elon Musk […]
Trade Alert: Small Caps and Chinese Stocks Have Crashed
China’s crack down on business has demolished a lot of Chinese stocks here in the US. Everybody’s panicking about exactly the stuff I’ve been warning everyone about when it comes to investing in China, a communist regime — random enforcement of laws, corruption, a lack of transparency… And when I say everybody, I mean, everybody […]
Trade Alert: Will Volatility Beget More Volatility? Probably.
Will volatility beget more volatility? Or, as has been the case for the fifteen months, will the indices just power right onto new all-time highs? Will the SPACs ever recover with any gusto? Will the small cap tech stocks get any mojo back that lasts more than a couple days or so? These are the […]
Trade Alert: Covering Some Shorts As The Frauds Start Being Revealed
I had cataracts in both eyes. Yes, after less than half a century of use, I already had cataracts that were getting progressively worse. So I bit the bullet and had eye surgery on each of them — the left one last month, the right one on Tuesday earlier this week. So bear with me, […]