Click here to see this book as a PDF Click here to see this book as a PDF Introduction Innovation. Growth. New markets. Game-changers. Isn’t that what tech is? Whether you’re old or young, conservative or aggressive, an investor or a trader — everybody needs some exposure to technology and the […]
Who’s more scared right now, the bulls or the bears?
A bit of reversal in the markets today took the Nasdaq from positive to negative and there’s a lot of red out there. That said, I sure don’t sense any panic from the bulls. More like most bulls are feeling less than long enough and that’s got them willing to buy the dips for now. […]
Here’s what I’m reading today and what I’m thinking about each topic…
Here’s what I’m reading today and what I’m thinking about each topic. Wall Street All-Stars on Netflix – I’m kicking myself for not having gotten short this thing after it cracked last week. The newsflow had turned negative, the stock chart was busted and that stupid letter from the CEO was the kicker. And I’d […]
Speed’s just a question of money…
Grease Rat: Like the sign says, “Speed’s just a question of money. How fast you wanna go?” – Mad Max (1979) Good morning and welcome back to the sand dunes, where water’s worth more than gold. Turns out the markets survived another round of “Greece contagion” and it’s trying to really pop through to some new […]
Links for today…
I got a lot of great feedback about my “Revolution Investing Must-Reads” links column on Monday, so I’m going to start doing these links-with-Cody-commentary columns more often. Here’s what I’m reading today and a few thoughts about each headline: Bicycle Stability Versus Table Stability – My old friend David Merkel wrote this piece back in 2007 and […]
The near-term market outlook and how our playbook fits from here…
So yeah, like I said in the last post, I’m proudly sitting on my hands right now and letting our positions play out as we wait for our next set of pitches. That doesn’t mean that I don’t have a playbook and expectations about how this market turmoil will play itself out and how we […]
Latest positions and a trim…
Here’s a list of my positions, both longs and shorts in approximate size from biggest to smallest: Longs – Sandisk Google Apple Riverbed Cisco Nuance Microsoft Cypress Marvell Autodesk Ciena DBA Corning Visteon Adtran Shorts – LPS Wells Fargo Cablevision Live Nation SLV As for the markets, well, so much for the morning’s rally. The […]
Here’s some of what I’m reading right now with some Cody-commentary on each…
Greece and the banks and Germany’s will to bail out other Euro countries. Have you heard?! These are the headlines that matter today…at least according to the mainstream media. I haven’t done a “Must-reads” posts with links in a while. Here’s some of what I’m reading right now with some Cody-commentary on each. Something Stinks […]
Join me for this week’s live chat at https://tradingwithcody.com/chat at 2pm EST today…
Markets are rallying big time today, and they’re now back above where they were even before the big trashed open we returned from Labor Day weekend: Aren’t you glad you didn’t panic at that open like so many others did? I’ve not pulled any trading triggers yet today, but I’m continuing to do homework on […]
We’ve worked long and hard to build our portfolio so that we…
The markets and most stocks are down. But they’ve bounced from their morning lows and aren’t panicked any more. Still more than half the trading day left though, and I’d imagine we’ll have some more intraday swings and volatility before the fat lady sings…er, the bell rings. And even as the markets and most stocks […]
Dark is the absence of light…
A cold chill of fear cut through me, I felt my heart contract To my mind I brought the image of light, And I expanded out of it My fear was just a shadow, And then I voice spoke in my head And she said dark is not the opposite of light, It’s the absence of light And I […]
What to do with Ciena now…
Flattish to down open early here this morning. Since nobody cares about Greece’s sovereign debt problem or the US budget crisis this week, maybe some macro economic news in Estonia was softer than expected today and we could focus on it. Maybe a report out of Singapore about their savings rate increasing again should get […]
Come meet me in the chat room to ask me anything you want…
Hey, don’t forget to come meet me in the chat room to ask me anything you want. Today at 2pm EST. See you at https://tradingwithcody.com/chat. The markets are staying steady again today, and the further and steadier we rally from those recent panicky lows, the harder they should be to revisit. See you soon! […]
You almost lost your mind…
You said you were hurting, You almost lost your mind Now the man you love, he hurts you all the time but when things go wrong, go wrong with you It hurts me too — Elmore James And the Nasdaq is now up more than 3% on the day as the rally continues. The bears will point to […]
I might prefer to see a little more “steady betty” and a little less “volatile Veronica”…
“Mental toughness is many things and rather difficult to explain. Its qualities are sacrifice and self-denial. Also, most importantly, it is combined with a perfectly disciplined will that refuses to give in. It’s a state of mind-you could call it character in action.” — Vince Lombardi Impressive rally so far today, but… But I think […]
Markets, Apple update, patience…
A pullback in the markets, but not a panicky rush for the exits. Maybe we really are getting past the overdriven emotions that have been dominating the marketplace. I’ve not done any trades again today — two days in a row. And that’s mainly because most of these stocks are at levels where I’ve already […]
I’m going to go ahead and deploy a little bit of that this morning…
This morning brings us a retest of the lows. The traders/investors are, as I noted repeatedly the last couple days, feeling very emotional after the recent volatility. And that’s got them, as I’d paraphrased Janes Addiction in saying, “jumping out of their flesh because it hurts so bad to hold it in”. I’d also noted […]
Steady betty market…
Back about five years ago, one of my mentors noticed that the S&P 500 hadn’t had a 1% up or down day in months…I’ll pull up the actual stats for you guys later, but the point being that are times in the markets that are incredibly steady. And today, we’ve got a flattish market. And […]
“And we’re back…”
“And we’re back.” I bet I said that 2-3x per show during my 528 episodes of hosting Fox Business Happy Hour. But I mean it in an entirely different context this time. This time, I mean, “And we’re back to where we were before the idiots at S&P who used to think that subprime mortgage […]
Doesn’t mean we’ll nail this bottom, but avoiding the emotional trades are key to outperformance…
Another panicked sell off. The VIX, a measure of volatility of the S&P 500 and a reflection of emotion, is through the roof: Emotional trading from others brings opportunity to those who remain level-headed. Doesn’t mean we’ll nail this bottom, when and where it does come, but avoiding the emotional trades are key to long-term […]