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Why buy into apps? Why invest in the cloud? Why not industrials and retail? Why bet against energy and financials? I am often asked why I am investing in the areas I’m focusing on and why I am ignoring other sectors of the economy. Let’s break this concept
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We got a bounce this morning as Nuance and Riverbed rise nicely in the morning trade. Gold, silver, oil and the other commodities are also up on the day. Remember earlier this week when everybody was panicking over…what was it again? The governments in Italy and Spain can’t
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Why buy into apps? Why invest in the cloud? Why not industrials and retail? Why bet against energy and financials? I am often asked why I am investing in the areas I’m focusing on and why I am ignoring other sectors of the economy. Let’s break this concept
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Well, losses in our SLV and RVBD positions neutralize our gains in LPS and with the markets just not finding any legs today, I finished up in the red for the day. I bought some Google calls and did little else trading today. Tomorrow I’ll run through a fundamental
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I bought the Google calls and am watching LPS continue to crack. Riverbed and Ciena both look tempting to me, but I was a buyer of both in front of you guys at lower levels in recent weeks and I’m not going to force anything more just now. The
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I’m continuing to work on building up the Google position. I just bought some longer-dated, out-of-the-money Google calls. I’m looking going out to December 2011s expiration dates with $550-600 strike prices. I’ve already started buying some and will likely work these orders
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A flat open, and I mean flat, as the DJIA’s so far ranged somewhere between being up zero and one quarter of one percent on the day. In rather non-shocking news, Riverbed and Silver are the biggest movers of the day. No surprise given how volatile they are
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It’s just flat out ugly out there in the stock markets today, with higher-beta tech leading to the downside. (Higher-beta means that the stocks are more volatile on most days than the broader stock market indices). I’ve been steadily putting money to work today, as I’
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One of our biggest shorts, LPS is in big trouble. Again. Still. Lately. Late during Friday’s trading hours, this bombshell news hit, sending the stock down nearly 7%: One investor said that every time he looked at corporate misconduct, “No matter how bad you think it is, it’s
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It’s a very ugly open this morning…because of new concerns that Spain and Italy are to join Ireland and Greece as problem children of the EU…again. Each and every time we’ve seen the markets get hit badly here in the US over some concerns about some
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Here’s a list of my positions, in approximate order from largest to smallest, though the variations between relative sizes are decreasing as time wears on and I get these longer positions built up. We’ll have some shorter-term and newer name trades in coming weeks to complement these
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Using the weakness as an opportunity to scale into some longs as I’d noted I wanted to earlier. Google, Adtran and Nuance common are what I’m buying. Easy does it, I am getting closer to having these positions the relative sizes I want them to be here after
