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 it figured out: iPhone share of phone market in Q1: 5% volumes, 20% revenues, 55% … [Read more...] about Rougher day for the portfolio today than…
wfc
Email from a Trading with Cody subscribe…
Email from a Trading with Cody subscriber: “Hey Cody! What do you think about the reverse split with Citi? Buy?? The other big banks? Buys? Thanks, Shawn.” Shawn, earlier this week, I started shorting the XLF of which Citi and its welfare-funded business is a part. Citi would be insolvent right now if not for ongoing welfare/transfer of wealth through the … [Read more...] about Email from a Trading with Cody subscribe…
It sure looked like we were going to fad…
It sure looked like we were going to fade all the way back to flat or down on the day there for a while, but the market has stabilized as the contra hour starts. I'm not pulling any triggers this afternoon. On another note, doesn't it figure that the current Republican/Democrat Regime leader, President Obama, picked only #1 seeds for his brackets? Sorta like betting only … [Read more...] about It sure looked like we were going to fad…