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“Go, go, go. Go shortie, it’s your birthday.” – 50 Cent 50 Cent – In Da Club Our largest short position, Apollo Group APOL, is down another 18% this morning. are it reported a horrendous quarter last night and said that business is not going to improve any time soon. Actually,
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Long-time subscribers have seen me do the “Bankruptcy Trade” a few times in the past, mostly to success. Today, a stock that I long ago put as a short into the Revolution Investing model portfolio, A123 Systems, did exactly as I predicted years ago in columns titled such things
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Like I postulated yesterday, now that Apple has joined the rally party, a lot of folks are suddenly thinking the markets are now headed higher again. Yesterday I noted that the market had a better bid underneath it, and today that better bid continues. I’m going to cover about
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The Price is Right – $1 Showcase overbid. Late last week I asked you guys who’s more scared right now, the bulls or the bears. The results were: 109 – Bulls 44 – Bears So, it was about 70% who said that the bulls are more scared right now. That’s not
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Every article you’ve seen that reports that somebody won a Nobel Prize of Economics is 100% propaganda. Did you know that there’s NO SUCH THING AS A NOBEL PRIZE FOR ECONOMICS. Your Deep Trader’s Thought of the Day is that economics, in all its versions, is more
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A lot of folks out there think that war with Iran is a matter of when, not if. Do you know the best way to trade a war? What have stocks done historically when war breaks out? I remember vividly how I traded when war broke out with Iraq. I
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Not much intraday action again today, as the markets opened a bit higher once again and have faded lower most of the day once again. You can’t force a turn. The prices in a lot of our names are getting closer to a place where I’ll likely start
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Here are my trades for the week of October 8th through October 12th: Options: Stock CALL or PUT Action Date Initiated Stock Price Strike Price Exp Date AAPL – Apple CALL Buy 10/8/2012 $639.42 $700 13-Apr
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Here’s a complete list of our positions with the date for each of their respective earnings reports. AAPL – Apple October 25th AMZN – Amazon October 25th APOL – Apollo October 16th BIDU – Baidu TBD BRCM – Broadcom October 23rd DDD – 3D Systems October 25th DG – Dollar General December 3rd DLTR – Dollar Tree
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Union Pacific 844 leaves Tucumcari, NM on a Sunrise southbound to Alamogordo in the “Land of Enchantment” I sure am thankful waking up to a sunrise coming over the Capitan Mountains here in Ruidoso, NM these days. NYC certainly has its beauty too, but I’m not sure you can
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Here’s the transcript to this week’s Live Q&A chat. Join me next Wednesday at 2pm EST at http://tradingwithcody.com/chat or send me an email with your question at support@tradingwithcody.com. Let’s rock n roll. Q. Given the fear of P/E contraction,
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There sure hasn’t been much intraday volatility of late, but today it’s been a steady drift lower. Which in and of itself isn’t exactly “intraday volatility”, but it is indeed a steady “intraday movement”. The path of least resistance is probably lower for now just today but