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Two random Trader Thoughts of the Day: 1) Take a look at most any stock chart, especially in tech, and you’ll see that it spiked to start the year, peaked in March, dropped hard, baselined and now is headed up towards that March high. I’m no chartist, but
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Last week was another in a long series of market glitches that continue to sap investor confidence. The 2008 global mini recession aside, we’ve had the Flash Crash (and lots of tiny ones), MF Global, PFG, Nasdaq botching the Facebook IPO and now Knight Capital. When systems trip themselves
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We’ve got quite a few stocks at or near their 52-week highs right now. Apple, Google, Baidu, Amazon, and Lindsay for example. I know from the tone of the emails and other interactions that I have with you guys on a daily basis, that a lot of you
This is Bill, Cody’s Chief Technology Officer. Cody had to attend a funeral this morning but he will be back in the office to post an update later today. Thank you for your patience.
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Here are my trades for the week of July 30th through August 3rd: Common Stock: Stock Action Date Initiated Time Initiated Price LVLT – Level 3 Sold 7/31/2012 11:24am $19.46 ADSK – Autodesk Sold 7/31/2012 11:24am $34.29
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Although all blue berrys are blue, not all blue berrys are blueberries. – Alex Reiger from Taxi The Jobs Report was “better than expected”. Not that anybody expected much, as the country added jobs last month equal to 0.05% of the country’s population instead of having added “only” 0.
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Wow, we are getting some fascinating, enlightening and sometimes funny feedback in regards to my earlier questions abut how much faith you have in the Wall Street system. Here’s some of what you’ve said so far. Send in your feedback soon as I’ll be sharing the insights
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How much faith do you have in the system of stocks, trading and investing on Wall Street do you have? Do you believe that it’s only a matter of time before the money that you think you have in your eTrade, Schwab, Morgan Stanley, Merrill Lynch, Goldman Sachs, etc
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Here’s the transcript to this week’s Live Q&A chat. Join me next Wednesday at noon at http://tradingwithcody.com/chat or send me an email with your question at support@tradingwithcody.com. Let’s hit it. Ask me anything. BTW, we’re almost done putting together
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Mixed markets, with S’s over N’s meaning that the S&P 500 is stronger than the Nasdaq, meaning not much of anything. Don’t force any trades here. Don’t scramble for performance, even if you need to make some performance up. Stay focused, stay in the
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A decade ago, I was sitting in Jim Cramer’s offices down on Wall Street and we were talking about my dream of running my own hedge fund. Cramer had heard from the editor of TheStreet.com, where I’d been publishing investment articles for a couple years, that I
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Here are some headlines, links and deep thoughts to ponder today:ALEC seeks lower taxes for smokeless tobacco products marketed to teens, ‘tweens – The most outrageous part of this article is the part that quotes the Congress lady who “authored” the bill explaining that she didn’t understand what it