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Gotta blame it on something Gotta blame it on something Blame it on the rain that was falling, falling Blame it on the stars that did shine at night — Milli Vanilli I mentioned earlier that it “felt” like the markets were likely to follow the Ruidoso weather pattern of late
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It’s a beautiful sunny day, likely to give way to some afternoon rain showers here in New Mexico. Meanwhile the markets have been shining like a desert sun with little rain showering for the last seven trading days or so. It is, however, raining a bit on the bulls
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Flattish to down open early here this morning. Since nobody cares about Greece’s sovereign debt problem or the US budget crisis this week, maybe some macro economic news in Estonia was softer than expected today and we could focus on it. Maybe a report out of Singapore about their
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The markets are having a hard time holding their rally and the Nasdaq’s even turned red now. I did a small pre-earnings trade. Ciena reports earnings tomorrow morning before the open and I’ve read nothing but explanations of why they are likely to really miss and guide
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Hey, don’t forget to come meet me in the chat room to ask me anything you want. Today at 2pm EST. See you at http://tradingwithcody.com/chat. The markets are staying steady again today, and the further and steadier we rally from those recent panicky lows, the harder
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And they’re off. Up along the outside, it’s Autodesk, which has been one of the single most volatile stocks in the market since we first bought it, right around these levels just a couple weeks ago. Bumping each other in the middle as they jockey for position is
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Greece! Oh my goodness, did you hear about Greece?! There’s a debt problem over there. And it might lead to contagion. You better sell your stocks right now because of this Greece contagion risk. Oh wait. My bad, I was watching a replay of CNBC from two weeks ago.
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“Those who cannot remember the past will spend a lot of time looking for their cars in mall parking lots.” – Jay Trachman Good morning and welcome back to the world’s biggest shopping mall. Make sure you’ve got your wallet in your front pocket. The markets are down a
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Monty Roberts, the great horsewhisperer whose autobiography I am currently reading, talks about how horses are “lean into” animals. That is, they lean into pressure. You want a horse to turn left, you don’t get a team of wranglers to push him on his right side — you can simply,
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You said you were hurting, You almost lost your mind Now the man you love, he hurts you all the time but when things go wrong, go wrong with you It hurts me too — Elmore James And the Nasdaq is now up more than 3% on the day as the
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I know it’s only been six days — four trading sessions since I first asked you guys to weigh in on the question: “Who’s more scared right now, the bulls or the bears?”. At the time, last Tuesday, the DJIA was below 11,000 and I got about 100
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“Mental toughness is many things and rather difficult to explain. Its qualities are sacrifice and self-denial. Also, most importantly, it is combined with a perfectly disciplined will that refuses to give in. It’s a state of mind-you could call it character in action.” — Vince Lombardi Impressive rally
