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Okay, into the close we go and it’s gotten uglier, softer, fadier…but it’s not really a full-blown meltdown.   I did step up just now and buy some Adtran near $40 a share.  That’s it for the day and for the week though.  I’m gonna go

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We’ve got a plethora of picks that are…

It’s been a long short week, if you know what I mean.  The markets overall are soft and seem to be getting softer.  It wouldn’t shock me to see a meltdown into the close, perhaps another 50 or 100 points lower on the DJIA.  Not that we can

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It’s been a long short week…

II

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Today’s job report and your portfolio…

Heard about today’s jobs report and how important it supposedly is for your portfolio?   Let’s see the headlines: Job growth anemic in May •                  Stalled economy? Nothing to be done (First Take) |                 Jobs worse than worst estimates:    Johnson As good, flexible traders we should take this new macroeconomic data

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And before I go, just 24 hours after you guys read…

The trading day just flew by today, as I was working on these silver and gold and other charts and analysis and getting that information out to you guys.   Only the silver trades for me today. It was N’s over Ss, meaning that the Nasdaq was stronger (in this

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I’ve just added to my puts and short in the…

Let’s update our stance, remind you of our positioning and talk about what I expect next for our silver and gold positions. To review, when silver started “dislocating” (see this, this and this) a few weeks ago, it was a flag in my playbook to start building a short

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Here are my current positions, from largest…

After yesterday’s aggressive sell off, with the DJIA closing near its lows of the day and down more than 200, a steady open like today is probably a victory for the bulls.  But then again, there’s still a lot of trading action to go today and it wouldn’

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We were in the green on six positions today…

We were in the green on six positions today…each and every one of our shorts made us money on the day and each and every one of our longs lost us money on the day.  That’s why we hedge, that’s why we have both longs and shorts

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Alas, the iPad, iPhone and Mac marketshare success stories…

I read a lot of analyst notes every morning as I prepare for my day, and I have been for years, and every once in a while, you really makes you think.   Such was the case last night as I sat down and read Bernstein’s most recent note on

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It’s gotten ugly out there as the day has traded on, and it’s not getting prettier.  Celestica and Nuance are both down over 2% on the day and most of the stocks are down about 1%.  It’s a broad sell off, and that’s part of the

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I’ll also likely continue to look to add to my…

This morning’s action is almost exactly the flipside of yesterday morning’s action — we’ve got bad breadth with two-to-one decliners and a slightly down open.   Most of the mainstream media outlets are focused on trying to game the end of QE2, which they have decided is the most

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As you know, I have recently been adding to my…

It’s an app world these days and it’s getting to be more of an app world  every day. Eventually we will hit a tipping point in the app revolution  that will drive us into an app stock bubble as the app world develops  into a full-fledged revolution of