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Here’s what I was reading and thinking about when I wasn’t admiring the dreamy first snow falling on the Sacramento Mountains in New Mexico. Sure is pretty! The Dream Team of Investment Managers – David Merkel with an interesting take on some of the best managers in the profession.
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A couple points of clarification and a trade update. Yesterday I bought some GMCR calls because the stock had been crushed on fraud concerns (which will probably prove to be correct, if I had to guess), but on anticipation that their upcoming earnings report would be today and that it
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The bank investors around the world can breath a sigh of relief today knowing that the taxpayer in Europe (and the US!) will transfer another few trillion dollars from society to their balance sheets in the name of “saving the system”. And just like I’d written earlier this week
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Guys, the day just slipped away from me. I’ve been trying to finish up those OccupyWallStreet posts with all my pictures, but it’s hard work uploading them all. Let’s get a lot of info into this post and I’ll be back later. First, I’ve raised
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What’s the best case scenario for the EU, the Euro, their sovereign debt problems and the banks who caused them? Is the best case scenario for each the same? Let’s dig in and talk about what should happen, what is happening, what’s likely to happen next and
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Good morning and welcome back to the coliseum, where the gladiators battle the machine. The markets are down and down with some aggression this morning and that comes as no surprise to me, per my notes here yesterday. I’ve trimmed down already and am likely to even add to
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What a wild ride this market has been all year. I just heard on the radio that this is the single largest point gain month in the history of the DJIA. And it’s only the 24th. We’ve hit new all time highs in the portfolios repeatedly as we
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Here’s what I was reading and thinking about when I wasn’t recovering from a weekend watching my 2.5 year old niece and dressing up as the Godfather (I dressed up in Armani and even had a baby Jesus doll with me, get it?) for a Halloween party
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Netflix is up tonight. Trading earnings reports like this is very risky and more akin to gambling than investing. We’re up about 50% or so in three days on a tiny bit of capital that I threw at some out-of-the-money Netflix calls dated out into early next year, as
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All right guys, I’m going to do some repositioning trades today. Here’s what’s up. We’ve had an absolutely mindboggling run here in our portfolios in the last few weeks (and, relative to the broader markets, the last few months!) and it’s time to step off
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Here’s what I was thinking and reading about when I wasn’t getting my back realigned this morning. Feels better though! Optimism Running High In Europe Ahead of Big Weekend – Right now, while the markets aren’t crashing and the media freaking out, is the time to discuss such
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Here’s a list of my positions in order of size from largest to smallest notional positions: Longs – Sandisk Cisco Nuance Google Corning Riverbed Marvell Goldman Sachs Cypress Apple Microsoft Bank of America Visteon Autodesk DBA Adtran Shorts – LPS Bank of New York Wells Fargo Live Nation SLV
