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Not many traders ever get to see two of their shorts down 40% or more in a single week. But with Pandora -35% today on top of the 10% decline it’d seen earlier this week on top of our Valeant short from last week getting cut in half this
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A little portfolio maintenance here, with one nibble and one trim. I’m going to nibble some Axogen here. The stock has finally come down a little bit from our buying pressure since I added it to the portfolio a couple weeks ago. Also, remembering always that as Jim Cramer
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Q. Do you think this is the market bottom or it may go lower from here? I have 30% cash in 401k, would like to deploy it. A. Tough to try to time a market bottom short-term. I do think the markets are likely headed higher into year-end and next
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Wow, I can’t believe my eyes as I see $VRX down another whopping 30% to $100 per share this morning on news that an outfit called Citron Capital has well, see for yourself: Valeant: Could this be the Pharmaceutical Enron? Citron Publishes the Smoking Gun!!CitronResearch.com – 1 hour
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I spend about 1/2 an hour on the road each morning and night as I commute to my office and sometimes in the morning I flip around the SiriusXM stations to listen to CNBC or Fox Business. On Fox Biz this morning I heard Donald Trump on the phone
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On Friday, we laid my wife’s grandfather to rest after he spent 98 years making this planet and his community a better place. He was a great family man, business man and banker. After a time working the railroads, running a liquor store and other jobs durin and then
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Thursday morning I was catching up with an old friend of mine who’s presently an executive at a publicly-traded biotech firm who used to run his biotech hedge fund next door to my old tech hedge fund on the 40th floor of the Texaco Building in midtown. When I
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Markets are less volatile than they were a month ago, but there’s still little complacency out there. Netflix reported very strong subscriber growth and the company has long said 2017 and on is when they will get to “material profitability” and so it goes. 150mm total global subscriber base
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Q. I trust your judgement but I don’t understand how you turned more bullish suddenly. All the factors (noise) like Fed interest rate hike, China market, Oil price drop, Strong US dollar which are important to many in market haven’t changed much. Also if you ask who is
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I’m going to make a few trades here today. Remember when the DJIA was down 1000 and hit its August lows and I wrote: Just scale into some more long exposure while others are panicking. That’s exactly what I’ll be doing this morning as I nibble on
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I’m revisiting two stocks I’ve owned before, putting them back into the portfolio today. And I explain why I chose against adding a third name. I want to diversify the portfolio away from being so tech-centric and add a new Food Revolution name to the portfolio here. Trading
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It’s been two months since that morning when $DJIA was down 1000 points at the open and we were buying into the panic. The hardest trade to make that morning was to buy more. I was sitting in a doctor’s office in Albuquerque waiting for a specialist to
