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Germany’s GDP was apparently better than the results of some poll from some news organization of some idiot economists who think it matters if they can extrapolate the last three months worth of macroeconomic trends into a decent guess about what the bureaucrats who are paid to hedonize and
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I am also buying some Google common stock today. I think, like Apple, it looks like it could get be getting ready to go on run. The momentum traders have left both names — Apple because it’s been so flattish for months now and Google because it’s been worse
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I do think Apple’s setting itself up to run in both the near-term as well as the longer-term, and as you guys know I see a $2k target on it in ten years anyway. I’d like to build up my Apple common position, so I’m adding to
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Silver has dislocated itself to the downside again today, losing almost 5% this morning and making our SLV puts pop. Gold down. It sure seems to me that silver and not gold is the driver of the direction of the precious metals everyday. Nice gains in the portfolio again this
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I’ve written before about how people thought I was nuts when I was writing about how I was buying Apple at $7 per share back in 2003, even though at that time, as I put it for my subsribers, “Apple was trading for less than the cash it had
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With Nokia, Ciena and Riverbed all up 3% plus today, we ended up nicely green by the close after bobbing up and down most of the day. We’ll take it. I bought those long-dated Softee call options and that was the only trigger pull of the day from my
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I did not trade today, but we had a nice pop in the portfolio despite the (as expected) moves in Silver and Gold going against us today. Corning was up more than 3% itself and as that and Nuance are two of our largest positions, we made out pretty green
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Here’s my positions, in general order from largest notional position to smallest, though they all are about where I want them to be right now: Longs – Corning Cisco Nuance Celestica Cypress Riverbed Ciena Apple Microsoft DBA Visteon Google Nokia Adtran Shorts – GLD SLV LPS XLF LYV
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Nuance is the big mover on the sheets today, now up 7%. Rumors out there that Apple’s considering buying the company. I don’t believe the rumor, but I am not selling it either. Nuance is still too cheap.
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Remember how I told you guys a few times over the last few weeks while we were letting the portfolio stew a little bit and not doing many trades that we’d soon have some wild opportunities to do more. Does the 20% gain on our silver short in 2
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The App/Smartphone/Tablet/Dashboard/PC is the fastest growing marketplace in the history of business. I’ve been saying exactly that for more than a year now and I’ve been dead serious about betting my time, money and reputation on what I call the “App Revolution” for shorthand.
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The headlines read like something out of a case study of runaway success in technology business strategies in a Hal Varian text book. I use Varian’s, now a big shot at Google, seminal book, Information Rules, in my class, and this App Revolution is the kind of thing I’
