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Okay, as the after hours trading wrapped up, Google was trading near $600 a share, up nearly $70 from the close. The stock had spiked during the conference call and if it’s anywhere near these levels tomorrow, I will trim both some common and some calls as I’ve
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Google’s out and it’s a HUGE beat to the upside in the initial report. $8.74 EPS on $6.92 billion vs. estimates heading into the report of $7.86 EPS and $6.55 billion So it’s nearly 15% ahead of estimates on the bottom line and
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Google’s earnings report is tonight. Here’s an email I got this morning from a subscriber: I know Cody cannot provide advice, but it would be great if he would comment today on his calls position in GOOG and if he’s holding through earnings tonight. Thx, great service.
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Well, the good news is that I did what I said I wanted to do and built up the SLV and XLF shorts a bit more in the morning rallies before the markets started crashing. The bad news is I sure feel stupid for having written “I’d guess that
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Good morning and there they go… It’s actually some pretty interesting action this morning in that the breadth is very good but the moves are very small in magnitude. Not sure what that means, but I’d guess that the path of least resistance is upward for today’s
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Do you remember how in the mid 1990s how the Fed kept rates at artificially low rates, eventually dropping them all the way to unprecedented levels in the midst of a market boom over stupid concerns about Y2K? Do you remember how that was a large part of what propelled
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We’re about to launch several new features for you subscribers, including a weekly chat right here on TradingWithCody.com where I’ll meet you guys and answer any and everything you can think to ask me. But hey guys — how about helping us spread the word? We’ll waive
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This article from The Tell here on Marketwatch by my friend David Weidner confuses me – “Did Facebook owners overpay? Some 75% of investment bankers surveyed say the valuations of pre-IPO private companies are excessive.” I mean, is it supposed to be a bearish thing for Facebook and the other pre-IPO
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Here’s how I’m getting started in building this new long position. At the current quote of $42 or so, the stock’s down 20% from its recent highs at $53 and at only 5x next year’s earnings when you include the cash-heavy balance sheet, I do think
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Good morning and welcome back to the house called Wall Street. It’s a strong rally to host us this morning, and the breadth is strong across the board. I’ve got a new long I am adding today, Sandisk. Here’s the analysis: Summary SanDisk Corporation designs, develops, manufactures
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We’ve just passed our four month anniversary here on TradingWithCody.com and we’re continuing to grow. But like any good business, we want more growth. And we know that the best way to grow is by delivering the very best product we can and letting word-of-mouth market the
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Some more big numbers…this time from Cypress Semi. Take a look at some highlights from their press release today. == Press Release Source: Cypress Semiconductor Corp. On Tuesday July 12, 2011, 9:00 am EDT SAN JOSE, Calif.–(BUSINESS WIRE)– Cypress Semiconductor Corp. (Nasdaq:CY – News) today announced it is
