Rougher day for the portfolio today than we have had even on most down days of late. Our silver puts and other bearish bets were all profitable for us today, while most of our longs were in the red. So be it. Three quick news articles for you to look over tonight. First, Apple's got it figured out: iPhone share of phone market in Q1: 5% volumes, 20% revenues, 55% … [Read more...] about Rougher day for the portfolio today than…
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Email from a Trading with Cody subscriber: “Hey Cody! What do you think about the reverse split with Citi? Buy?? The other big banks? Buys? Thanks, Shawn.” Shawn, earlier this week, I started shorting the XLF of which Citi and its welfare-funded business is a part. Citi would be insolvent right now if not for ongoing welfare/transfer of wealth through the … [Read more...] about Email from a Trading with Cody subscribe…