Thanks for all the well-wishes that keep pouring in after last week’s inferno scorched my land. My dog, my woman, my house and my guitar are all safe, so I’m pretty damn thankful. This week Greece didn’t give markets the Sunday Smackdown everyone was worried about. No, the party that is pliant to the whims […]
Taking a week to recover from the Little Bear Fire
As some of you dear readers have rightfully pointed out, I need to take some time to focus on my family and my property, 60% of which has burned from the Little Bear Fire, some of it scorched. My house survived and frankly, the 40% of the property that didn’t burn traces along one of […]
Updated analysis on the EU crisis and three of our weakest stocks
Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds. Those are the words on the facade of the James Farley post office on 8th Avenue in Manhattan, derived from a Herodotus quote. It’s an incredible building that takes up an entire New York […]
Stocks and forest fires: My weekend spent running from the Little Bear Fire
Friday afternoon at 5pm MST, my girlfriend and I woke up from a nap and saw a plume of smoke rising in the distance, near the peak of White Mountain in Ruidoso, NM. By 3:30am Saturday morning, as the 150 foot flames were barreling down the ridge closest to us, we were throwing a few […]
List of Cody’s Positions
Machine Gun Joe VeTurbo: Hey cornball, what’s the fastest way through here? Fisherman: Well, the way we do it is we get a bulldozer and plow right through there. Machine Gun Joe VeTurbo: No, I mean what’s the fastest way from here to Albuquerque? Fisherman: You gotta go back to the main highway, really. Machine […]
Trades for the week of June 4th through June 8th
Here are my trades for the week of June 4th thru June 8th: Common Stock: Stock Long or Short Action Date Initiated Time Initiated Price LNN – Lindsay Long Buy 6/4/2012 10:00am $53.94 CSCO – Cisco Long Buy 6/4/2012 10:00am $16.02 BRCM – Broadcom Long Buy 6/5/2012 9:50am $32.25 FB – Facebook Long Buy 6/5/2012 […]
Market notes and trader’s question of the day
I, like the markets apparently, needed a morning to catch my breath. I was up into the early morning hours working and as you might have noticed, I’ve done a good bit of writing and trading in the first three days of the work week. Anyway, the markets are indeed chilling this morning, up fractionally, […]
Specifics on the FB trade
I’m buying FB more aggressively than usual for a new position. I’ll explain in detail in a follow-up post with the clearest fundamental analysis for Facebook that you’ll find on Wall Street but as for the opening trades in FB for me, I’m starting with some common stock here at $26 and I’m also buying […]
Trade Alert: Buying an Apple supplier and a recent IPO that will shock you
We have two new names in the portfolio today so let’s dig right into the never-ending woes in Europe. The Euro-crisis is part of the trader’s mentality, so it’s part of our reality, and it’s been three consecutive summers of the Euro-debt crisis swinging the markets. Here’s EURUSD from the last time we meet: The […]
Focus on shorting crappy companies
The darkening of the market mood is palpable. Just two months ago stocks were going up in a straight line and everyone was in agreement that the economy was picking up steam. Funny what a difference a big down move can make. Let’s look at some numbers. In the last month the Dow is -4.03% and […]
Apple’s biggest app supplier: Google
You won’t find Google on Apple’s list of its suppliers (it’s here in PDF form if you want to check). But they should absolutely be there right between ‘Fujikura‘ and ‘Grand Upright TechnologyLtd.’, because Google is one of the most critical suppliers in the iOS ecosystem. And Apple has only themselves to blame for that. Apple introduced […]
Revolution Investing must-reads into the weekend
Here are some headlines and trends that every investor should be thinking about into this weekend. U.S. Stocks Hit by J.P. Morgan and Can The Market Muster A Convincing Bounce? – It’s fried-day and I sure know a lot of traders and investors who truly feel fried now. The markets are set up for another […]
Chat Transcript for May 9, 2012: NUAN, FIO, LVLT, Greece and more
Here’s the transcript of today’s chat. See you next week at 2pm EST at https://tradingwithcody.com/chat for more Q&A where you can ask me anything. All right, let’s rock. You bring the roll. Q. Hi Cody, what’s your updated thought on NUAN ? Not for earnings but looking strategically…..are they somehow involved in SIRI/ EVY, etc.? […]
Investor must-reads into the weekend
The markets are down across the board. I’m not looking to do much trading and buying yet. As you guys know, I’ve been letting this turmoil play out a bit before getting aggressive. Still am. Let’s run through some headlines this morning that every investor should be reading: U.S. nonfarm payrolls: Just 115,000 jobs added […]
Trade Alert: Time to trade one of those Web 2.0 stocks
Good morning and welcome back to the playground, where the monkey bars never close. In the early going, stocks are down slightly. Take a look at this 5-day chart of the Nasdaq. Lots of volatility but we’re back where we started after all that noise. http://finance.yahoo.com/q/bc?s=%5EIXIC+Basic+Chart&t=5d Also, take a look at this article bulling on […]
Chat Transcript for May 2, 2012: Panick vs. non-panicked dips, ZNGA, FIO, and more
Here’s the transcript of today’s chat. See you next week at 2pm EST at https://tradingwithcody.com/chat for more Q&A where you can ask me anything. Q. Hi Cody, any opinion on MRVL here? The stock seems way too cheap! A. I owned MRVL a few months ago and didn’t make a dime on it, but it […]
The Five Dumbest VC Deals Getting Done Right Now
If we’re going back to Web Boom 1.0 levels, it’s important to try and game out how the cycle is going to go. Some of the companies from Web Boom 1.0 are still around in wounded form. And some are booming: Amazon just reported a dynamite quarter. So far Web Boom 2.0 been lots of good ideas funded with small […]
AAPL weakness and a new short idea to put on the list
Apple’s down again this morning and I’m not liking the trading action in that stock much at all now. There’s a relentless selling pressure that’s weighing down on the stock and the stock’s faded $20 since the pop after earnings. In some sense, I think the biggest culprit and reason for the selling is that […]
Six Web Bubble 1.0 Stocks and Why I’m Watching Them
The best way to get a macro view is to assimilate as much data as possible. I know oil traders who track the number of construction cranes sold worldwide as an input in their crude demand models. And sometimes the best data comes from companies that are leading indicators of the broader economy. That’s why […]
Some updated thoughts on the “App Bubble” (and don’t forget today’s chat!)
I saw something recently that blew my mind and I need to share with you. A venture capitalist having to defend making a 31200%. In two years. Seriously, read this post from Ben Horowitz , Netscape founder Marc Andreeseen’s investing partner. They were seed investors in Instagram, recently sold for $1 billion to Facebook. I’ll let @bhorowitz explain why he’s feels […]