Here’s a list of my positions, in approximate order from largest to smallest, though the variations between relative sizes are decreasing as time wears on and I get these longer positions built up. We’ll have some shorter-term and newer name trades in coming weeks to complement these longer-term positions. Longs – GLW Nuance Riverbed […]
After having flagged them as I was doing…
After having flagged them as I was doing them for you dear subscribers, I’ve still got my GLD and SLV puts which have some big profits on them. I just added to the hedge of those a by adding some more DBA. Here’s what the DBA profile is: The investment seeks to track the price […]
Here’s a list of my positions, in approx…
Here’s a list of my positions, in approximate order from largest notional size, to smallest: Longs – Corning Nuance Riverbed Cisco Cypress Celestica Ciena Microsoft Apple Google Adtran DBA Visteon Nokia Shorts – GLD SLV LPS LYV XLF CVC
What a week it was. Lots of back and fo…
What a week it was. Lots of back and forth and grind, but the stock markets end up just about flat on the week as we head into the final contra-hour of the week. Our portfolio actually had a pretty good week though, much better than the broader markets, with our silver, Riverbed and Nuance […]
Let’s review what I’ve been doing to re-…
Let’s review what I’ve been doing to re-build my portfolio in broad terms. From a strategic standpoint, I’ve been buying the best companies I can find in the App Revolution and the Cloud Revolution which I think will explode into a new bubble in coming years and I’ve complimented those longs with long positions in […]
The markets have fallen hard intraday, t…
The markets have fallen hard intraday, though it’s not a full 2% intraday swing and thus doesn’t meet the worrisome “dislocation” threshold. Regardless, the green on our sheets from this morning has mostly faded to red, though our SLV puts are now more profitable than ever after today’s 7% collapse in silver. Silver’s playing out […]
Silver has dislocated itself to the down…
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 morning and I’ve not pulled […]
I did not trade today, but we had a nic…
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 on the day. More on […]
Here’s my positions, in general order fr…
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
Silver and gold are both up today, silve…
Silver and gold are both up today, silver up 4%, gold up 1%. We covered our common stock short position and still have nice gains on our puts. I am not doing anything with silver and gold today, but were silver to get back closer to $40 again, I’ll likely look to add to the […]
What a week! We had some losses to sta…
What a week! We had some losses to start the week off as our long streak of winning days ended, but our timely shorts in gold and silver along with some big moves in Cypress and some of our other longs bring us to the green for the week’s tally. Other than covering the […]
Remember how I told you guys a few times…
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 days count? How about the 5% […]
The country adds 220k jobs according to …
The country adds 220k jobs according to the bureaucrats measuring this stuff and fully paid for with your tax dollars in this supposed budget-crunching time in April and the market’s get a sigh of relief. Most of our stocks are up across the board, including gold and silver getting the pop today that I’d said […]
The broader markets are suffering today,…
The broader markets are suffering today, but that’s not the case for our own portfolio as we enter the contra-hour. The 11% intraday drop in silver and 3.5% intraday drop in gold (and oil) declines are rather stunning in their magnitude, and I will be frank in telling you that while I thought and wrote […]
The dislocation in gold and silver (and …
The dislocation in gold and silver (and oil) are definitely the market story of the day, and everybody I talk to today wants to analyze why. Here’s an expanded and more detailed version of the post I did about why I started shorting gold and silver earlier this week. I’ll be back later with more […]
Silver’s down more than 8% this morning …
Silver’s down more than 8% this morning as the dislocations I was looking to take advantage roil the precious metal market places. Gold is down 2.5% too. A “dislocation” is anytime a trading asset moves more than 2% intraday, and is often an indicator of an ugly topping process. Read this post for more: https://tradingwithcody.com/archives/1328. […]
Shorting gold and silver today. But firs…
Shorting gold and silver today. But first — one of our loyal subscribers writes me: “If we are long term, is today not a day to buy a little more across the board?” The answer depends on you and what you’re trying to do with your own portfolio. My mission here is to show you […]
Good morning and welcome to the terror d…
Good morning and welcome to the terror dome. The markets tried to open flattish, but quickly faded lower and it feels, shall we say, “squishy” out there this morning. The markets and individual stocks need to shake out the weak hands and punish the johnny-come-lately-bulls who were late to the rally. Thus, today’s and […]
Time to start shorting the precious meta…
Time to start shorting the precious metals? Back in early 2007, I used to write about the “dislocations” that were suddenly showing up with more frequency as I was worried and started selling partly because the stock market was seemingly entering a blow-off top phase. By dislocations, I meant any day that the market moved […]
And there’s the market’s intraday fade t…
And there’s the market’s intraday fade that I was talking about in the post last night about what to expect from the market upon the news of Osama Bin Laden’s death. The morning pop and subsequent reversal weren’t nearly as dramatic as they were the Monday after we caught Saddam Hussein, but the same sort […]