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 […]
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 […]
Live Nation, one of our shorts, got an u…
Live Nation, one of our shorts, got an upgrade today: Live Nation upgraded by Stifel Nicolaus Briefing.com(Thu 8:02AM EDT) The stock is up nearly 3% this morning. Remember when Riverbed was down 5% one day and I said we needed to let it “settle” first. We subsequently picked up Riverbed calls 10% lower than that […]
I’m going to run out to some meetings wi…
I’m going to run out to some meetings with some technology resellers (vendors of Cisco, Oracle, Riverbed, VMWare, etc). Salespeople are some of the best information resources for sales and technology trends as they play out over years. Executives are usually too focused on quarterly numbers, but sales folks at big tech vendors see […]
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 […]
They say one of the things that separate…
They say one of the things that separates the great NFL quarterbacks from the the lesser ones is the amount of time the Peytons and Bradys put in watching film. They go back and watch the replays of their best and worst moves so they learn from experience. Great traders do the same. So, let’s […]
A little bit of lift this morning in the…
A little bit of lift this morning in the broader stock markets to counter yesterday’s deflating action. Quarterly earnings reports are indeed catalyzing some big moves. Oh, including Riverbed. Nice 15% pop after the company reported a better than expected quarter and guided higher for next. I bought more last week – hope you did […]
Once again it looks like we will muddle …
Once again it looks like we will muddle through the day as we have barely gotten to the tip of the earnings iceberg. Riverbed is down more than a buck fifty…sort of like a two-by-four across the forehead with your morning coffee. As you know, I am trying to be patient until we get past […]
Wow, it got ugly into the close. The sh…
Wow, it got ugly into the close. The shorts we’ve been scaling into save the daily profit and loss on the sheets, but we’re still down on the day. I got the follow question after my last post about Riverbed: Portfolio amount was great. Don’t know what low $30’s mean and next few months mean! […]