Well, losses in our SLV and RVBD positions neutralize our gains in LPS and with the markets just not finding any legs today, I finished up in the red for the day. I bought some Google calls and did little else trading today. Tomorrow I’ll run through a fundamental and a technical trading update on […]
I bought the Google calls and am watchin…
I bought the Google calls and am watching LPS continue to crack. Riverbed and Ciena both look tempting to me, but I was a buyer of both in front of you guys at lower levels in recent weeks and I’m not going to force anything more just now. The S&P 500 and the DJIA […]
I’m continuing to work on building up th…
I’m continuing to work on building up the Google position. I just bought some longer-dated, out-of-the-money Google calls. I’m looking going out to December 2011s expiration dates with $550-600 strike prices. I’ve already started buying some and will likely work these orders most of today. Here’s an expanded version of some notes I passed along […]
Here’s a list of my positions, in approx…
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 […]
Using the weakness as an opportunity to …
Using the weakness as an opportunity to scale into some longs as I’d noted I wanted to earlier. Google, Adtran and Nuance common are what I’m buying. Easy does it, I am getting closer to having these positions the relative sizes I want them to be here after 75 days of re-building this portfolio from […]
The markets are opening slightly lower t…
The markets are opening slightly lower this morning and there’s little in the way of catalysts in the news today. That said, we might not need a fundamental catalyst in addition to the strong earnings season we just made it through to pop this market. Take a look at a three month DJIA chart: You […]
I’ve used both common stock and call opt…
Here’s the story. Back in 1997, right after Steve Jobs took back over the CEO job at Apple, Michael Dell told a bunch of tech investors that if he were in charge of Apple he would, “‘d shut it down and give the money back to the shareholders.” Then in 2006, Steve Jobs Jobs sent […]
Here’s a random email I got today about …
Here’s a random email I got today about an article full of what have turned out to be some very profitable predictions and principles for investors that I wrote a few years ago. It’s remarkable how many emails I get from random people about articles I’ve written, three or five or even ten years ago. […]
I bought some more Google common this mo…
I bought some more Google common this morning as I’d noted. I’m not forcing any buys, but you’ll notice I’m following the playbook that has been working so well for us — that of buying/covering on big down swings in the broader market and selling/shorting on big up swings in the broader market. It’s not […]
It’s a pretty bloody red open this morni…
It’s a pretty bloody red open this morning, after Hewlett-Packard pulled a Cisco and guided lower for the second quarter in a row. HPQ’s getting killed and so is most of tech, but speaking of Cisco, it and a few other longs of ours are up today despite the ugly market. Google, instead of being […]
Rougher day for the portfolio today than…
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 […]
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
Germany’s GDP was apparently better than…
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 modify and seasonally adjust government measurements […]
I am also buying some Google common stoc…
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 than flattish since it topped 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 […]
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
The App/Smartphone/Tablet/Dashboard/PC i…
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. But I know a lot of you are confused about what […]
The headlines read like something out of…
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’ll be teaching about in my Revolutionomics […]
A few months ago I wrote an article call…
A few months ago I wrote an article called “49 app stocks that should go up huge and one that won’t” and the whole article was about how I thought Research-in-Motion was doomed despite being so seemingly well-positioned to benefit from the fastest growing sector in the history of business — the app/smartphone/tablet/cloud revolution. The […]
We are probably now more than halfway th…
We are probably now more than halfway through with the earnings season, though next week will bring another barrage and there are a few laggard reporting schedules after that too. Here’s the earnings dates for all our positions: aapl – Already Reported on Apr 20th adtn – Already Reported on Apr 13th cien – June […]