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Let’s review what I’ve been doing to re-build my portfolio in broad terms. From a strategic standpoint, I’ve been buying the best companies I can find in the App Revolution and the Cloud Revolution which I think will explode into a new bubble in coming years and
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The markets have fallen hard intraday, though it’s not a full 2% intraday swing and thus doesn’t meet the worrisome “dislocation” threshold. Regardless, the green on our sheets from this morning has mostly faded to red, though our SLV puts are now more profitable than ever after today’
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Here’s some very good fundamental analysis from Gleacher & Co about the great quarter that Nuance reported last night. I agree with most of their analysis, except my price target is double theirs. They’re looking for a $26 stock. I think this stock could run to $50 in
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Silver has dislocated itself to the downside again today, losing almost 5% this morning and making our SLV puts pop. Gold down. It sure seems to me that silver and not gold is the driver of the direction of the precious metals everyday. Nice gains in the portfolio again this
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I’ve written before about how people thought I was nuts when I was writing about how I was buying Apple at $7 per share back in 2003, even though at that time, as I put it for my subsribers, “Apple was trading for less than the cash it had
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Our short, Lender Processing Services, is in the news again. And not for being a good citizen…From NakedCapitalism: FDIC Filed Suit Against Lender Processing Services for $154 Million Ooh, this is getting fun. Peter W found this tidbit in the May 10 Lender Processing Services 8K: The Federal Deposit
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With Nokia, Ciena and Riverbed all up 3% plus today, we ended up nicely green by the close after bobbing up and down most of the day. We’ll take it. I bought those long-dated Softee call options and that was the only trigger pull of the day from my
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Let’s analyze the price Microsoft paid for Skype, the reason why Microsoft bought Skype and how we should trade our Microsoft now. First off, let’s talk price. $8.5 billion is a lot of money and as a Softee shareholder, I do wish they’d only paid the
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Remember a few weeks ago when I was in San Francisco on a Markewatch/WSJ investment panel? I met a couple of you dear subscribers there, but for the rest of you, here’s the first six minutes of what was an hour long program. Not sure if they’ll
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Instead of Microsoft common, I’ve ended up buying Microsoft call options, mostly with the $25 strike price, that will expire in January 2013. It always shocks me how cheap the premium for call options in Softee can be when the stock flatlines for a few months as it has
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A gentle rally to start the day in the broader stock markets and in the precious metals too. And our portfolio’s up gently this morning too. Let’s be gentle traders today, shall we? Meaning, let’s not force anything but let’s dig in and look for some
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I did not trade today, but we had a nice pop in the portfolio despite the (as expected) moves in Silver and Gold going against us today. Corning was up more than 3% itself and as that and Nuance are two of our largest positions, we made out pretty green
