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 […]
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
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 […]
With Nokia, Ciena and Riverbed all up 3%…
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 headquarters. Nuance announced earnings after […]
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
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 […]
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 […]
It’s a flattish open, but the story of t…
It’s a flattish open, but the story of the day is the 15% drop, the crushing of RIMM. I’ve kept us out of RIMM and even had it as a short position in the Revolution Investing model portfolio last year before I started trading again where we rode it down from over $100 to some […]
Did I mention earnings season? Did I me…
Did I mention earnings season? Did I mention I thought individual earnings reports would be the next catalyst for our stocks? Here are some earnings updates from our stocks from the last 16 hours: 1. Apple – blowout, huge, amazing quarter with typical Apple-esque conservative guidance. Earnings nearly doubled…and we were talking a huge multi-billion […]
Here’s some helpful fundamental guidance…
Here’s some helpful fundamental guidance of what to look for in Nokia’s upcoming earnings conference call, from Gleacher & Co (they are very bearish on Nokia…and it’s always good to use the other side’s analysis in addition to your own): Nokia is scheduled to report 1Q11 earnings before market open on Thursday. Expect tough 1Q. We are […]
S&P negative on U.S. debt Standard …
S&P negative on U.S. debt Standard & Poor’s cuts its ratings outlook on the U.S. to negative from stable, keeping its Triple-A rating on the world’s largest economy. Stocks decline even as Treasury Department mounts defense. • Text of S&P’s downgrade of U.S. ratings outlook | Treasury yields fall to lowest in three weeks • Budget proposals from […]
We’re greeted with a rather listless ope…
We’re greeted with a rather listless open to start the trading week. We’ve had some wild up and down action in the four weeks since I started Trading With Cody. Just a couple days into the trading, Japan’s quake and resulting nuclear nightmare hit the markets hard, and I stepped up the buying into the […]
Foxconn is one of the biggest contract m…
Foxconn is one of the biggest contract manufacturers in China and it’s running into some troubles finding profitability despite making gadgets for the Apples, Nokias and other big smartphone/tablet vendors of the world. But before you write off the app/tablet/smartphone revolution because of Foxconn’s bad news today, let’s drill down for some deeper analysis. Here’s […]
It’s a flattish open as we remain cataly…
It’s a flattish open as we remain catalyst-less until we fully enter earnings season in the next couple weeks. Here’s a list of my longs and shorts so far: Longs- Apple Ciena Celestica Cisco Cypress DBA Corning Google Microsoft Nokia Nuance Riverbed Shorts – Lender Processing Services XLF I’m going to look to start building […]
The steady climb higher continues up the…
The steady climb higher continues up the wall of worry built with bricks of middle east revolutions and Japan radiation fears. Goldman grants Nokia an upgrade. It almost sounds like he just read my recent writings on Nokia as he sites the complete confusion and disarray as the reason the stock is priced at the […]
I’ve bought some common stock in Celesti…
I’ve bought some common stock in Celestica, Cypress and Nokia, as planned. I’m as nervous as any other trader about the downside possibilities if this Japan nuclear crisis gets any more extreme than it already has — if you even believe that the governments aren’t downplaying the contamination and damage already done. But as an […]
Yesterday after the market close I said …
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’m personally starting to buy some of t…
I’m personally starting to buy some of these app revolution stocks back using both common and some longer-dated call options. If you’d like to see the details behind what stocks and options I am purchasing for my own account, please sign up at https://tradingwithcody.com. You guys remember how for the last year that I’ve been pleading […]
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 […]