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Good morning and welcome back to the circus, ladies and gentlemen. We’ve got a positive open to the week, but there’s little move in the way of magnitude on the screens early here and breadth mostly flat. Much of last week I spent doing more buying and I
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Here’s a list of my positions, from largest notional to smallest: Longs – Riverbed Cisco Cypress Google Microsoft Nuance Corning Apple Visteon Celestica Adtran DBA Ciena Shorts – Lender Processing Services SLV GLD Cablevision XLF Live Nation Thanks for reading and thanks for subscribing and I’ll se
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Google’s down 3% on the day and it’s another one that has the bulls writhing in pain just now. But then again, looking out six months, this company has some huge growth ahead of it, is trading much cheaper than the broader markets and has tons of loaded
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Okay, I’m stepping up and buying and I’m getting more aggressive about my approach this time. Specifically, I have stepped up this afternoon and have bought some Riverbed calls and some Cisco calls. I know it’s scary out there right now and it’s very hard to
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Well, the markets are flat and most of our stocks are too, with too big exceptions. First, as noted earlier this morning, that LPS is just getting killed today, on top of the 8% drop yesterday. LPS is down more than 12% today and we probably out to expect to
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It’s not easy trying to stay ahead of the curve when you’re investing in cutting edge tech. But one of the best ways to feel out what the future will bring is to actually go in and spend your time and money building tech products. I’ve built
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In case you had any doubt, RIMM is still truly dead, as I have been had the unfortunate job of predicting to much hatred and chagrin from RIMM longs over the last couple years. I don’t know what else to say. I’ve been writing variations of this “RIMM
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The Nasdaq was down on the day, but we were up nicely mainly because our biggest short by far, LPS, got killed heading into the close. And after the close the company announced that it was having a terrible quarter and would badly miss what Wall Street is expecting the
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Here’s a passing thought for you guys. Most pundits look at this headline and try to figure out what it means for you right now and how it might affect the EU and the ECB and the IMF and the budget impasse and so on: 2-year yield at all-time
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The markets bounce this morning and near the DJIA 12k pivot point once again. We’ve got some nice gains in the portfolio today and let’s run through a few of the positions that are moving with the most magnitude – VC – I’ve been steadily adding to Visteon and
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The selling was relentless there for a while earlier this afternoon, but as we head into the closing mintues, the markets have rallied a good half a point. That said, the markets are still down more than 1% today. There’s nothing we can do to turn the tide ourselves
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It has gotten progressively uglier as the day has traded on, and I’m looking to step up the buying across the board, using mostly common right now. I’m adding to DBA and VC and with Riverbed now down 4% on the day I’m looking to add to
