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Well, it was a flattish day at the markets, but not for us as we had stocks and options up and down rather wildly throughout the intraday action. Cablevision was up nearly 7% at one point before fading 3% into the close. Stay tuned, I’m likely to short a
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Since I published 50 Stocks for the App Revolution back in November and gave the $79 report in its entirety to you subscribers, the stocks in the report have more than doubled the mid-single digit returns of the broader markets. The App Revolution is kicking in and I wanted
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With Apple’s formal entrance into what I’ve been callling the Cloud Revolution, we take another step closer towards the coming App/Cloud Stock Bubble that I’ve spent the last two years positioning for. iCloud and Apple? Everybody you know is trying to figure out what this whole
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The markets are trying to rally higher this morning though the bears are certainly going to make a stand at some point today and will test this testy rally. It’s been a steady drift lower for weeks now, and few bears and shorts have actually gotten as short as
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It sure felt like the market was down a lot more than just one-quarter of one percent today, but that’s all that the was down. I heard a prognosticator give and get serious respect in calling for a DJIA 10k target by October when I changed the Sirius
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Current headline: Stocks Trade Lower After 5 Losing Weeks– AP Stocks were just slightly lower Monday after losing ground for five straight weeks. That about says it all, doesn’t it? Five straight weeks of losses in the markets and another down day. I told you last week that if
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The bears and shorts sure pushed the selling hard this morning, trying to break the bulls. At one point earlier this morning, the S&P was down 10 in a straight line, but a little intramorning bounce has chilled out both sides here early in the week. Our short
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Last week, I read a fascinating report predicting that Internet traffic would quadruple between now and 2015 which got a lot of press — 286 hits on the topic in Google News right now: Cisco Predicts 15 Billion Network Devices in 2015 PCWorld – Grant Gross – 4 days ago Internet traffic will
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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
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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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II
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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