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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. By the way, if you guys want an icon to show up here in the chat when we meet, you can upload a photo
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We’ve got a pretty wildly volatile morning of trading going on as the markets have tried to rally, tried to fade, and now whip back and forth somewhere in between. I’m as ready for earnings next week as my niece was for last weekend’s Aspenfest parade here
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Nice rally again today. Don’t forget to trim a little bit if you were hurting at the lows earlier this week, which at 12% and 3 days’ action between us and there, sure seems like a long way. It’s not. Don’t get complacent. Here’s a list
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Good morning and welcome back to the construction site, where you better wear a hard hat and stay alert. It’s another rally, with tech leading again, this morning. Quite a move from the lows earlier this week, when the rest of the world seemed to be panicking even as
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With Steve Jobs’ passing, I first want to extend prayers and condolences to his family and loved ones. I also wanted to pause for a moment to reflect on some of his and his greatest company’s greatest hits. I personally want to thank Steve Jobs and the crew at
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With Steve Jobs’ passing, I first want to extend prayers and condolences to his family and loved ones. I also wanted to pause for a moment to reflect on some of his and his greatest company’s greatest hits. I personally want to thank Steve Jobs and the crew at
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And don’t forget to meet me in the chat room on TradingWithCody.com/chat for this week’s anything-goes Q&A at 2pm EST. Be there or be square. Here’s what I was reading and thinking about today when I wasn’t working on all the
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Tech is up and leading the way higher again early this morning and the Nasdaq is now up nearly 7% from where it was yesterday at 3pm. That is likely either one hell of a bear market rally or else a potential significant near-term bottom. Feet to fire, I’
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One of my oft-repeated phrases for subscribers to you guys is that “contarianism is a way of life”. I mean, if you’re going to bother to try to be contrarian, then you really do have to be willing to challenge not just just the trends in the markets,
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For today’s links, I’m going to continue covering and even do an entire links post here about the Occupy Wall Street and similar movements. These people rightly angry about how Wall Street got bailouts and more importantly they’re pissed that we continue to spend trillions of dollars
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Last night my parents said they’re leaving for their trip to Australia next Tuesday. I was like, “In three days?!” Everybody laughed and then I realized it was only Monday. The days run together sometimes when you’ve been as focused and working as hard as I have been
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AMR has spiked from the lows where we were buying it and is now trading near $2.20 (it hit $2.25 and is trying to pullback now). I’m selling half position now and locking in a good bit of the 20% plus gain I just got in this
