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It’s a pretty solid open, with good breadth to the upside at more than 2 to 1 stocks moving to the upside. And then there’s Nokia. The company pre-announces very ugly guidance to the downside and suspends guidance for the next couple years as it transitions to
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Okay, final post of the week here on TradingWithCody.com as we wrap it up for the three day holiday weekend. It’s important to step away from the fray and clear our minds, and you guys know I’ve been reading, writing, researching, trading, traveling, buying land in NM,
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Here’s a run down of my positions, in approximate descending order from largest notional position to smallest. Longs – Google Cypress Corning Riverbed Microsoft Nuance Cisco Celestica Ciena Apple Nokia DBA Adtran Visteon Shorts – Lender Processing Services SLV GLD Cablevision XLF Live Nation
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A positive open. Some of the buying this morning is from the bears and shorts who, after struggling as the markets had been steadily rallying to new highs, have finally, in the last couple weeks, made some gains and are starting to get scared again. That, and they’re heading
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Totally flat day for the broader markets, with the DJIA up 0.07% on the day. Aren’t you glad you’re not a reporter who has to try to pretend you have a clue when you try to explain why 40 giant, large cap stocks moved an almost immeasurable
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I bought some more MSFT as I’d said I wanted to this morning. I used the January 2012 MSFT calls with a $22.50 strike. I got ’em for just over a $3 each, which means that MSFT has to get over $25.60 or only 80 cents from
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Are we in a tech bubble already or not? Just because every bear you talk to and even the cover of the Economist say we are already in a huge tech bubble and every news paper article you read gives the obligatory “what some are calling signs of a bubble”
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The DJIA and the S&P500 are both down fractionally on the day and the mainstream media reports that it’s because of some national macroeconomic and job data that’s been adjusted and manipulated by government paid economists wasn’t quite as “strong” as the consensus of some
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For just over a year now, I’ve been telling people that we were likely starting to enter an app/tablet/smartphone/cloud-fueled new tech bubble. I told my viewers on Happy Hour repeatedly that Facebook would be worth more than a hundred billion dollars someday. I figured we’
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Crazy day, especially for our LPS short. It was down more than 5% at one point today, got back into the green, and finished down on the day. LPS got hit with new subpeonas today….who would have thunk it? Ha! We’ve been getting some press for having predicted
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Last week before LinkedIn.com came public, I’d said that it would likely pop huge from the IPO pricing of $40ish and that it would eventually grow into even an $80 per share valuation. By the time it opened that morning and had spiked from the $45 pricing to
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Last week before LinkedIn.com came public, I’d said that it would likely pop huge from the IPO pricing of $40ish and that it would eventually grow into even an $80 per share valuation. By the time it opened that morning and had spiked from the $45 pricing to
