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Markets are rallying big time today, and they’re now back above where they were even before the big trashed open we returned from Labor Day weekend: Aren’t you glad you didn’t panic at that open like so many others did? I’ve not pulled any trading triggers
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There is going to be an veritable barrage of new tablets hitting the markets this winter and into next year. The incredible shrinking price of the recently released-dropped-then-brought-back-at-least-temporarily TouchPad from the geniuses running Hewlett-Packard HPQ +0.97% has opened a lot of eyes in the industry this summer. See, Blackberry
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The markets have continued to steadily move higher in the intraday action. Indeed, take a look at the Nasdaq’s action so far today: I’m stepping up and buying a little bit more Cypress common stock. There is going to be an veritable barrage of new tablets hitting the
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The markets and most stocks are down. But they’ve bounced from their morning lows and aren’t panicked any more. Still more than half the trading day left though, and I’d imagine we’ll have some more intraday swings and volatility before the fat lady sings…er, the
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A cold chill of fear cut through me, I felt my heart contract To my mind I brought the image of light, And I expanded out of it My fear was just a shadow, And then I voice spoke in my head And she said dark is not the opposite
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Here’s a list of my positions, both longs and shorts in approximate size from biggest to smallest: Longs – * Google * Sandisk * Apple * Riverbed * Cisco * Marvell * Nuance * Microsoft * Cypress * Autodesk * DBA * Ciena * Corning * Visteon * Adtran Shorts – * LPS * Wells Fargo * Cablevision * Live Nation * SLV Thanks for subscribing and reading. And if you
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The biggest question heading into the long weekend is whether the markets will break the -3% threshold before the close. Then again we might actually get some buying/short covering into the close. Whatever happens in the next 3060 seconds (51 minutes), it’s not going to make or break
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Here’s the transcript of this week’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.
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The broader markets are down nearly 2% across the board, but the bigger technical story is really the breadth — more than 5 negative stocks for every 1 positive stock today. The selling is broad, in other words. And the main catalyst today is the jobs number: More green lines above
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Gotta blame it on something Gotta blame it on something Blame it on the rain that was falling, falling Blame it on the stars that did shine at night — Milli Vanilli I mentioned earlier that it “felt” like the markets were likely to follow the Ruidoso weather pattern of late
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It’s a beautiful sunny day, likely to give way to some afternoon rain showers here in New Mexico. Meanwhile the markets have been shining like a desert sun with little rain showering for the last seven trading days or so. It is, however, raining a bit on the bulls
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Flattish to down open early here this morning. Since nobody cares about Greece’s sovereign debt problem or the US budget crisis this week, maybe some macro economic news in Estonia was softer than expected today and we could focus on it. Maybe a report out of Singapore about their