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Obviously the big mover in our portfolio today is Riverbed. Unfortunately, its a big mover in the wrong direction. Some analyst on the street thinks that Riverbed’s competitor FFIV will miss its quarter. I would agree that its a possibility, after all FFIV missed its quarter last time. Riverbed
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My steady-build approach to slowly but surely scaling into positions over the course of a few weeks to re-build my portfolio will continue again today. Today, I’m going to be looking to short some HYG, iShares iBoxx $ High Yield Corporate Bond Fund, which means I’ll make money if
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Into the close and it’s a fading market. Then again, let’s call it a catlayst-less market as I did this morning instead. New geopolitical headlines could drive the markets up or down, perhaps, but I’m pretty sure the broader markets will be treading water until we start
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No buys today, just focusing on shorts and getting my portfolio a little more hedged. Though I’m bullish overall, I do want to get some hedges on for the short side. And come on! Did you guys see AONE down another 8% again today? If you’ve got shorts
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Foxconn is one of the biggest contract manufacturers in China and it’s running into some troubles finding profitability despite making gadgets for the Apples, Nokias and other big smartphone/tablet vendors of the world. But before you write off the app/tablet/smartphone revolution because of Foxconn’s bad
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It’s a flattish open as we remain catalyst-less until we fully enter earnings season in the next couple weeks. Here’s a list of my longs and shorts so far: Longs- 1. Apple 2. Ciena 3. Celestica 4. Cisco 5. Cypress 6. DBA 7. Corning 8. Google 9. Microsoft
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Social butterfly. Social security. Social drinking. Social smoker. Social sciences. Social distortion. Let’s talk social for a minute because it’s one of the key drivers in all things related to tech, media, and advertising. First off, let’s touch on this Wedbush report I got in my inbox
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So far today, I have bought more Nuance, Cisco and Corning calls. These positions are getting closer, at least half as large as what I’d consider a full position for my personal account. In other words, if I were expecting to expose say, $100,000 total, to Cisco, I
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I’ve bought a big chunk of Nuance so far and I don’t know whether I want it to start rallying just yet…I want to buy some more before it runs, if it runs. Here’s why Nuance is up 7% today: March 30, 2011 7:20 AM
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I haven’t traded yet today, but remember I’ve been scaling into a short position in Lender Processing Services? Read this, from nakedcapitalism.com: Lender Processing Services has played a singularly destructive role in the mortgage servicing industry. The firm not only offered document fabrication services through DocX, a
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Most of my stocks right now are at levels I’ve been buying at, but I’ve got a couple more names I want to add today, so stay tuned. We’re about to embark upon earnings season and it’s always a good idea to review our positions, so
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Nice rally to close the day as the contra hour reversed yesterday’s ugly close and powered us steadily higher. I bought the DBA and that’s it today. One of my old mentors used to tease me about an answer I once gave on CNBC, when I answered Larry
