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Good morning and welcome back to the airshow, where most of the pilots have no idea what a cockpit looks like. Think about it. Markets are still in hold mode waiting for the EU/ECB/IMF/You-the-US-taxpayer to shift trillions more wealth to the TBTF banks and backstopping just about
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Here’s what I was thinking and reading about when I wasn’t getting ready for a run to the border tonight — El Paso, that is. Investor Sentiment isn’t contrarian – Really interesting market psychology and sentiment analysis from my old friend Jordan Kahn. Today, he writes a great Flip-It,
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Good morning folks. It’s another EU-will-they-did-they-or-can’t-they driven market today. The latest update is that a guy from the incredibly incompetent and rather corrupt IMF or World Bank or whatever is stepping into the hot seat at Greece and some other fresh bankster crony is stepping into the hot
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Here are a couple trader-psychology thoughts to help keep you in the right frame of mind today. First, I just got this pitch from some pundit who didn’t bother to find out that I quit TV so his entire pitch was wasted on me anyway: The environment is prompting
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They rode the sunset, horse was made of steel They rode the sunset, horse was made of steel Chased a gringo last night through a field Chased a gringo last night through a field The Cisco Kid was a friend of mine — War Cisco, our second largest position, is up
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Here’s the transcript of today’s chat. We broke the questions and answers down into two sections as usual — Economy/markets/trading/strategy and Stocks. See you next week at 2pm EST at http://tradingwithcody.com/chat for more Q&A where you can ask me anything. Economy/
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Don’t forget to meet for today’s anything-goes chat at 2pm EST on the site. The markets are trying to steady themselves down 2% plus on the day. I’m not doing any trades so far today. Been asked a lot about Cisco into their earnings tonight and my
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Bear Claw Chris Lapp: Can you skin Griz? Jeremiah Johnson: I can skin’ em as fast as you can catch’ em. [Bear Claw runs through the cabin with a huge grizzly bear close behind and jumps out the back window] Bear Claw Chris Lapp: Skin that one, pilgrim, and I’
Chat: Cody, love the feet to fire but also love the patience to not chase and take breathers and wait for the pitches. Love the service man! Chat: Owned FIO since it was $17, but have been afraid to buy options as they were so thinly traded. That may all
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Last week, I talked about how the mainstream media has misreported, under-reported and propagandized the coverage of the Occupy Movements around the country. The reason, put simply is that these protests are focused as much against the welfare/cozy-connection of the media conglomerates that receive billions in special tax breaks,
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Let’s think about the current market set up in this context, my good ol’: “Who’s more scared right now? The bulls or the bears?” Send me your emails to contact@tradingwithcody.com or leave a comment.
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It’s a flat trading pulse out there this morning, with the markets just beating back and forth around unchanged on the day. Path of least resistance is most likely down for now, and it could get slippery before the trading day is entirely over. I saw some wild, shocking,