Yesterday after the market close I said that if we had had a down 2% day I probably would have bought more stocks yesterday. Well we have that 2% close down day this morning as the world wakes up two more nuclear headlines out of Japan. I am indeed looking to scale into long positions […]
Nice intraday rally continues as the emo…
Nice intraday rally continues as the emotions and worries over Japan’s disaster today start to fade and traders look to position themselves into the weekend. The shorts have had a huge week, and are feeling great about double digit gains in many of their most-hated positions. And that propels them to cover some of those […]
I expect to get up to about 15-20 total …
I expect to get up to about 15-20 total positions in this portfolio with about 2/3 of the picks longs and 1/3 shorts by the time I’m done building in this set up. That 2/3 longs vs 1/3 short set up is in large part a function of my overall bullishness about the stock […]
Whoa nellie, it’s ugly out there this mo…
Whoa nellie, it’s ugly out there this morning, eh? I’ve been being very patient and steady and while I will continue to steady-pace, I am likely to double how much capital today than I have most of the other days this week. That is, I’m likely to try to put 10-20% of what I expect […]
Thar’ she blows! And another day is in t…
Thar’ she blows! And another day is in the books once again. It’s a bit painful paying 1x or even worse, 2x, more than these stocks were at when I first added them to the Revolution Investing portfolio, but that is yet another reason why I’m starting off so steadily in my approach and tactical […]
Let’s review the moves I made today — I…
Let’s review the moves I made today — I used just a couple percentage points of capital to buy some long-dated, cheap call options giving me big upside exposure and limiting my losses — while still potentially 100% and with a expiration date to boot — on the downside to the capital allocated. I also […]
We’ve seen the Nasdaq rally nearly a ful…
We’ve seen the Nasdaq rally nearly a full percentage point heading into the close in the last hour here. Conventional wisdom says that’s bullish for the near-term, but we’ll see. I’m buying a little common stock in Nokia and Cypress, just about 5% of what I’m looking to eventually own in those two names. Scales, […]