Subscriber Chat Room Archive (January 23rd – January 29th)
Here is the past week’s discussion from the TradingWithCody.com Subscriber Chat Room:
calmdaw1
January 23, 2014 – 10:09 am
HLF getting spanked this morning
jahmon
January 23, 2014 – 10:26 am
FIO up 15%
jahmon
January 23, 2014 – 10:31 am
I knew I should have bought more VIX yesterday…
SamsaricSufferer
January 23, 2014 – 11:10 am
Lots of red across my board today, but down less than half of what it was up yesterday. So it goes.
chrismossey
January 23, 2014 – 11:12 am
We could be entering the buy dips sell the rips market. Be ready to trade to more a bit more to stay nimble. I have seen this since the first of the year. Could have sold my whole portfolio on the opening rip and bought back lower in the day and sold it again.
SamsaricSufferer
January 23, 2014 – 11:12 am
What are everyone’s non TWC hedges these days. I see VIX calls.
chrismossey
January 23, 2014 – 11:12 am
Added to apple on its 50 day this morning.
chrismossey
January 23, 2014 – 11:12 am
@SamsaricSufferer: GDX for me all day long.
chrismossey
January 23, 2014 – 11:13 am
also shorting non cloud software.
SamsaricSufferer
January 23, 2014 – 11:14 am
I have been looking at gold/miners but that Hulbert article was pretty solid. Looking for gold $800 an ounce. We are a ways from there.
chrismossey
January 23, 2014 – 11:15 am
Everyone has their opinions. I like TWC’s flip it strategy. When everyone says something is going to do something. Take the other side.
chrismossey
January 23, 2014 – 11:17 am
goog is behaving very well here. Cody suggested to new members to add to it. Big earnings week for our stocks next week. any major dips today and tomorrow should be worth buying on.
chrismossey
January 23, 2014 – 11:17 am
apple, fb, good all next week.
jbusma
January 23, 2014 – 11:30 am
CREE beats earnings, and is down 5%?
chrismossey
January 23, 2014 – 11:44 am
added to twtr, yelp, goog and apple on this am’s weakness. Sold some gld, and gdx common and just letting the gdx calls do their thing.
Jeffhok1970
January 23, 2014 – 12:25 pm
@jbusma: the world does not like CREE.
jahmon
January 23, 2014 – 12:30 pm
Guidance a little weak I believe
jahmon
January 23, 2014 – 12:33 pm
JNPR reporting after close today I believe. Fingers crossed.
Jeffhok1970
January 23, 2014 – 12:34 pm
anyone know of a way to get close to real time short interest? Everything I have access to is a month back.
jahmon
January 23, 2014 – 1:02 pm
Anyone trimming JNPR into earnings or letting it ride? I decided to take 200% profits in some of my options. I’m up 26% on common and 60% on two other sets of options dated July and Jan 15 so weighing current profits vs. gains of a good ER.
SamsaricSufferer
January 23, 2014 – 1:03 pm
@Jeffhok1970: I think they are only required to report short interest twice a month and have 15 days to report then….again I think. They definitely do not have to report real time so of course they don’t.
rkumar
January 23, 2014 – 1:31 pm
guys what s best ways to play internet of things??
rkumar
January 23, 2014 – 1:31 pm
aapl barely down
rkumar
January 23, 2014 – 1:32 pm
any opinion on invn or swir??
Jeffhok1970
January 23, 2014 – 1:44 pm
@SamsaricSufferer: I think you are right. Was hoping there was a way to see more current data.
chrismossey
January 23, 2014 – 1:46 pm
@rkumar: my sense is that csco, goog, bidu,are the best players here. Internet security could be interesting to look at.
jahmon
January 23, 2014 – 1:54 pm
and Apple goes green
jahmon
January 23, 2014 – 1:55 pm
@SamsaricSufferer You buying VIX calls and if so, which?
chrismossey
January 23, 2014 – 1:57 pm
Apple is the cheapest stock that will be growing earnings in the market. It should be green.
jahmon
January 23, 2014 – 2:00 pm
@chrismossey Everyone seems to think that Apple is going to kill it on the upcoming ER. Wouldn’t flip it be to bet against that happening?
drefleury
January 23, 2014 – 2:23 pm
@jahmon: Just my two cents, and don’t mean to butt in… AAPL has not had a huge run up at all, so I don’t think there’s enough sentiment to flip it really. I’d say it’s a bet that their sales were solid in December.
fathead
January 23, 2014 – 2:25 pm
that’s true aapl didn’t really have a run up, but look at the number analysts are expecting. Average revenue over $57b, whisper earnings number $14.31
fathead
January 23, 2014 – 2:27 pm
really high expectations, aapl better kill those numbers plus issue good guidance going forward
chrismossey
January 23, 2014 – 2:31 pm
So yes, the point makes sense but it has not run at all since the beginning of December. Gold has been crushed so to say it will continue to get crushed where I flip that. On the apple front – the key is that earnings are about to grow again. That is all that matters. They need to show earnings growth verse small declines and stagnant growth.
fathead
January 23, 2014 – 2:32 pm
hope so, im long aapl feb 550 calls. implied vol will drop like a rock after earnings.
chrismossey
January 23, 2014 – 2:33 pm
You will be in the money a lot more than you already are.
jakef1111
January 23, 2014 – 2:44 pm
@chrismossey: i think aapl has a lot of positives where the upcoming quarter was weak now they have china mobile to give a boost.. As people upgrade they will buy higher gbs phones… Raising margins and ASP…. It hasnt had a big run into earnings and the pressure from icahn hopefully forces a increase in buybacks… Theres also new product potential and a lot of diff potential revenue streams outside of hardware like payments….hopefully some of thses things become reality and we get a nice run to 650 soon
chrismossey
January 23, 2014 – 2:47 pm
agreed: I am a fan a user of all their products. I believe they will have a good qtr and guidance. I do think the Christmas qtr is going to be huge. My belief is that with all the negative press about what was really happening in China that is not true the china piece has not been properly priced in especially if there is good growth for that business this year and a new product category. I also fee that beyond the next three months you lighten up on apple and buy it back again late june.
jakef1111
January 23, 2014 – 2:53 pm
Im looking at mid march to lighten up i think we get a correction where the indices go to their 50 day ma sometime between apr-july
jakef1111
January 23, 2014 – 2:55 pm
Although the Snp and dow are trying to hit them today
jahmon
January 23, 2014 – 4:39 pm
JNPR looks like they beat and guidance in line. Nice.
Jeffhok1970
January 24, 2014 – 9:24 am
Namaste great investors.
carl
January 24, 2014 – 10:00 am
Any thoughts on nflx or f5? Both seem to be getting nice reviews lately.
chrismossey
January 24, 2014 – 10:05 am
@carl: I traded f5 from mid 80’s and sold in the morning pop yesterday. This is a stock I want to own again and just going to let it tail off after earnings and start to enter again.
chrismossey
January 24, 2014 – 10:07 am
would not surprise me to see apple pinned at 550 today. If you recall two weeks ago it on friday pinned at 530, last week on friday pinned at 540 and why not this week pinned at 550.
jahmon
January 24, 2014 – 10:40 am
Thoughts on shorting small caps?
chrismossey
January 24, 2014 – 10:40 am
TZA
jahmon
January 24, 2014 – 10:42 am
DDD down to $80…who’s buying?
jahmon
January 24, 2014 – 10:44 am
Thx on tza
jahmon
January 24, 2014 – 10:45 am
Tza up 5.5. You buy here or wait?
Jeffhok1970
January 24, 2014 – 10:48 am
@jahmon: I am buying Feb 22 $85 calls and Mar 22 $90 calls. but not many.
chrismossey
January 24, 2014 – 10:55 am
@Jeffhok1970: of what?
fathead
January 24, 2014 – 10:58 am
ddd
Jeffhok1970
January 24, 2014 – 11:01 am
yes, DDD
chrismossey
January 24, 2014 – 11:03 am
It kills me, I bought some yesterday.
chrismossey
January 24, 2014 – 11:04 am
current state of yesterdays buy – guess I will add to it.Show Lots for -DDD140322C85 -DDD 140322 C85 CALL (DDD) 3D SYSTEMS CORP DEL MAR 22 14 $85 (100 SHS) (Margin) 5 $5.200 -$2.45 $2,600.00 -$1,225.00 -32.03% -$1,236.88 -32.24% $7.67 $3,836.88 Select Action for [CALL (DDD) 3D SYSTEMS CORP DEL MAR 22 14 $85 (100 SHS)]. Menu closed
chrismossey
January 24, 2014 – 11:12 am
It is interesting that the Bankers at Davos see the economy as better and improving. This could be a hint that we can buy more at these levels. We are down 3.5% in two days.
chrismossey
January 24, 2014 – 11:15 am
apple – jan 17, 2015 calls are on sale today.
Jeffhok1970
January 24, 2014 – 11:15 am
@chrismossey: I am drolling right now. been siting on too much cash for too long. buying when (as cody says) there is blood in the streets.
jahmon
January 24, 2014 – 11:28 am
It’s ugly
chrismossey
January 24, 2014 – 11:29 am
really ugly.
chrismossey
January 24, 2014 – 11:29 am
There is some serious damage to some charts out there. DDD could plunge to its 200 day.
jahmon
January 24, 2014 – 11:43 am
Looks like XONE is at its 200 now
jahmon
January 24, 2014 – 11:43 am
VIX up 20%
jahmon
January 24, 2014 – 11:49 am
To what extent does this put additional pressure on AAPL, TQNT, FB earnings?
msamuels2000
January 24, 2014 – 11:50 am
Think the bulls are more scared yet? Lots going on for us inmates to be controlling the TWC asylum alone
chrismossey
January 24, 2014 – 11:57 am
@jahmon: puts a lot of pressure on those issues. I sold TQNT today to lock in the 20% gain and take some of the table. I have the others so I have exposure. Been adding amberella, twtr and yelp along the way as well.
chrismossey
January 24, 2014 – 11:59 am
@msamuels2000: Obviously the bulls freaked out today. Not sure much has changed with US outlook today so stock picking rules and our stocks are largely reliant on the US.
chrismossey
January 24, 2014 – 12:00 pm
Goog was down 2.2% at one time and they are reporting next week. My orders under that bid were not filled on the major weakness this am.
Jeffhok1970
January 24, 2014 – 12:14 pm
@msamuels2000: agreed
Jeffhok1970
January 24, 2014 – 12:15 pm
about the asylum
SamsaricSufferer
January 24, 2014 – 12:44 pm
I am smacking my lips and looking at DDD waiting. I have made money off of every other citron DDD short article. This is the 3rd one I think.
jahmon
January 24, 2014 – 12:46 pm
Surprised Cody hasn’t even dropped in. He’s been active over on Scutify…
jahmon
January 24, 2014 – 12:53 pm
BTW, Cody baby pic over on Scutify
eryba1
January 24, 2014 – 1:38 pm
@chrismossey: I c u got your chance to buy xone was 70 now low 50’s. Did u act ?
eryba1
January 24, 2014 – 1:39 pm
Very weak 2 days Friday weakness is never a good sign. S and p some looking to see support at 1780 if not there then full blown correction perhaps.
eryba1
January 24, 2014 – 1:41 pm
I’ll be bk in ny and at work Monday. I’ll wait until then to start buying bk. Meanwhile gold has been doing well.
jahmon
January 24, 2014 – 1:43 pm
Hey, look who’s here. Hi “pops”.
jahmon
January 24, 2014 – 1:44 pm
That was for Cody, BTW.
jahmon
January 24, 2014 – 1:45 pm
Cody, how spooked should we be right now? Time to do some trimming, buying or holding?
Golfcar101
January 24, 2014 – 1:54 pm
@eryba1: how`s the vacation
eryba1
January 24, 2014 – 1:55 pm
@jahmon: I’ll let Cody address that but if we close down here we will be in a downtrend. And could see s&p 1780 or lower. IMO.
eryba1
January 24, 2014 – 1:56 pm
@Golfcar101: going well thank u. NYC minus with the windchill. Miami 75. Shoveling awaits me upon my return I am hearing.
Golfcar101
January 24, 2014 – 1:57 pm
bought xone a day early
eryba1
January 24, 2014 – 2:04 pm
@Golfcar101: first trance? If so wait. Could be an unholy Monday opening if Asia and Europe follow our close today.
Golfcar101
January 24, 2014 – 2:06 pm
first one thanks going to wait until next week to add
carl
January 24, 2014 – 2:09 pm
How do I buy bitcoins? Looks like the time finally.
eryba1
January 24, 2014 – 2:13 pm
@carl: on bit coins my issue on it is even though Las Vegas hotel now accepting it is gov can shut it down overnight as china did a few weeks ago. As it’s a shadow currency whose transactions according to time magazine are quite nefarious.
chrismossey
January 24, 2014 – 2:25 pm
@eryba1: I bought xone and some ddd.
eryba1
January 24, 2014 – 2:26 pm
Ok everyone c u bright and early Monday morning. Markets getting uglier 90 min or so left in the trading day and the Market character has surely changed. Be cautious out there.
Golfcar101
January 24, 2014 – 2:28 pm
SAFE TRIP HOME
Golfcar101
January 24, 2014 – 2:28 pm
sorry for the caps
eryba1
January 24, 2014 – 2:41 pm
@chrismossey: I will wait for Monday. Xone 70 to 50 in 7 trading days. Nearly a 30% decline in no time.
jahmon
January 24, 2014 – 2:47 pm
Awesome…Let’s have a market meltdown on Apple earnings day…sigh…
chrismossey
January 24, 2014 – 2:48 pm
@eryba1: 1/5 tranche
jahmon
January 24, 2014 – 2:52 pm
Any puts we want to get in today for a Monday meltdown?
jahmon
January 24, 2014 – 2:53 pm
I have April VIX calls…bought them a little too far out…didn’t move as much as I expected today…
eryba1
January 24, 2014 – 3:06 pm
Vix very jumpy up 27-28% today alone. Greed fear index down to 26 when I left was 70 http://money.cnn.com/data/fear-and-greed/
eryba1
January 24, 2014 – 3:07 pm
@chrismossey: 1/5 sounds wise.
jpsr1975
January 24, 2014 – 3:26 pm
@eryba1: nice to see u again here
eryba1
January 24, 2014 – 3:50 pm
@jpsr1975: thank u. Just for a short while. Market looking ugly as Cody
eryba1
January 24, 2014 – 3:51 pm
Stated in his email today. Dow 15.5k?
jahmon
January 24, 2014 – 4:06 pm
Down 318…ugly is right
jahmon
January 24, 2014 – 4:07 pm
Of course all of my main hedges had expired as losses January 18…
fathead
January 24, 2014 – 4:08 pm
glad the trading day is over. now i gotta worry about apple earnings + overall market.
msamuels2000
January 24, 2014 – 5:33 pm
@jahmon: a flip it play might be to look at some short term VIX puts right here. That would be a hard trade to make
eryba1
January 26, 2014 – 9:21 am
@msamuels2000: YES- even the VIX is getting overbought, however we are also in a downtrend that should be respected meaning we could bounce a bit to get less oversold but could once again resume the decline, lets be careful. The fear index is at a nice oversold 27 reading. Meanwhile Gold is performing well in 2014 as the S&P is down 3.14%. Cody has been talking about a 5-10% decline in late jan of Feb and we are right there now. another 2% would take the S&P to a 5% correction at 1750. a 10% correction would be 1650, 15% correction 1575. Lets be careful. I hope many here sold as individual stocks kept rising and when google bought NEST cody told us money was being thrown around.
eryba1
January 26, 2014 – 9:30 am
Now we are in a downtrend that we must WATCH to see which stocks bottom first. We should see the previous leaders dictate that and they would be: SCTY, AMZN, GOOG,YELP, NFLX, TSLA to name a few. Let us see how ASIA handles the Europe and USA UGLY close at the lows and thus our open monday morning. I am looking to start rebuilding stocks I sold and initiate new positions in those I sold before I left. Lets see what tomorrow brings and how to react. Is this a 5% pullback? or will the over the weekend panic over the ugly thur and fri market action make others dump shares monday and really bring about a full correction. Vix now at 18.14 will it see 20-21 before this is all over? Greed/fear index at teens level?
eryba1
January 26, 2014 – 9:31 am
@chrismossey: GM chris
chrismossey
January 26, 2014 – 1:25 pm
GM. How is it going?
Janmara1
January 26, 2014 – 9:03 pm
Lvs has really tremendous potential it’s real underlying strength is its potential within the convention business. Eve though it’s earnings to a degree are driven by gaming and volatile there uniqueness in bringing conventions to a location make them very uniqueandappealing to every country that wants to expand its meeting and convention appeal. No doubt the will gain a gambling license in japan. Most gaming companies have no difficulty in attracting gamblers to stay atheist properties on weekends while their rooms gounoccupiedduring the week. Lvs fills their rooms much easier during the week as well as the weekends. The volatility on the stock gives us the opportunity for entry points. Last but not least is the dividends that they pay. All n all a real winner
chrismossey
January 27, 2014 – 6:59 am
Nice to see the futures firming up. Great week ahead, our positions should do well. I am looking to take any earnings pops and rolling into some of the damaged names with some additional tranches of common and perhaps some calls dated out into the fall or Jan 15. DDD, Exone, leveraged 3x small cap etf TNA, FFIV and GDXj calls are on the top of my list. Anyone some other ideas?
eryba1
January 27, 2014 – 8:27 am
GM everyone- yes indeed futures up this morning. CAT trounces estimates and is up nearly 7%. It as always is a stock pickers market and this slight bounce this morning is for me hard to trust at this point. Surely the vix is overbought, fear greed is nicely bearish which is a contrary indicator. DOn’t get me wrong I want to be a buyer. We have apple tonight and the FE this week as well with more taper perhaps. Maybe its just getting back to work after some time off but I want to see how this market and individual stocks behave, act to news and get a feel of the market for a little while before I start buying anything in size aside from perhaps small purchases that may be made to initiate new positions once more.
chrismossey
January 27, 2014 – 8:40 am
@eryba1: that was a fast two weeks. Next time you might need a month.
eryba1
January 27, 2014 – 8:53 am
@chrismossey: tell me about it.
eryba1
January 27, 2014 – 8:56 am
@chrismossey: it always feels that way 1 week away or 2 weeks it feels like 1 or 2 days. Back to work though and earnings season
eryba1
January 27, 2014 – 8:57 am
so tell me what has been going on? any sellers back when cody mentioned google buying nest for billions? anyone spooked by 3% decline in the averages stocks down more than that?
eryba1
January 27, 2014 – 9:01 am
Im watching if this small reprieve and green on the screen is a dead cat bounce and we do get lower prices and see codys dow 15,500 like #’s
carl
January 27, 2014 – 9:12 am
@eryba1 Is it worthwhile buying either aapl common or calls ahead of earnings?
chrismossey
January 27, 2014 – 9:13 am
@eryba1: I would say I stayed tempered because I was working and had no clue we were down 300 points till the end of the day. I have been waiting for this week in particular with a number of my positions reporting. I am most worried about google as I am late to that party and started buying – small but still buying in the last month.
eryba1
January 27, 2014 – 9:19 am
@carl: carl- my 1st day back- I want to see how its performing as for warnings after the poor samsung #’s I think iphone eating away at cell phone portion of samsung. I said in early 2014 I think its a appl TQNt and now GOLD outperformance year. So I think apple will report a very good Q4 of 2013. that is when I bought my new imac and brand new setup from apple in Oct/ nov 2013.
chrismossey
January 27, 2014 – 9:21 am
I am on the Acela and am amazed how many MacBooks I see in business peoples hands now. I think Mac book is doing damage in the pc market as well. If you have an i pad and i phone it is only logical to ask your employer for a mac book. All windows apps work and the you can run a windows image as necessary.
eryba1
January 27, 2014 – 9:25 am
@chrismossey: to be honest I am not sure I waited this long to upgrade. I have always bought DELL and now its like why did I wait for the MAC for so long. Its here now and works so well.
chrismossey
January 27, 2014 – 9:26 am
Agree – there was a well written seeking alpha article posted this weekend covering apples secret weapon – the Macbook. it got me thinking and I agree.
eryba1
January 27, 2014 – 9:27 am
@chrismossey: google- Why worried, good growth, not expensive in any metric pulled back 4-5%. I also want to add this one back and would like to do so under 1100 if I get a chance.
chrismossey
January 27, 2014 – 9:27 am
Heading into a day long meeting – back on tonight for apples earnings.
eryba1
January 27, 2014 – 9:32 am
looking at apple chart finding support here at 50 day moving avg for a few weeks now and the setup looks good. I will add at some point today
carl
January 27, 2014 – 9:50 am
@eryba1 The products are great, but it is really hard to trade the stock because the analysts seem to demand miracles not that Jobs is no longer with us. They like fizzle and pot, not good steady competent management.
eryba1
January 27, 2014 – 9:52 am
@carl: correct- but with a PE EX cash of 8-10 and badly underperforming in 2013 and products selling well Itunes billions in business. I believe as an investment over time we should be rewarded.
Golfcar101
January 27, 2014 – 10:12 am
@eryba1: could you give opinion on tqnt why all love? they have disappointed and underperformed on a regular basis why is this time going to be different.thanks
eryba1
January 27, 2014 – 10:14 am
@Golfcar101: I believe the smart grid for everything is evolving and TQNT is there. Love? love is for when it performs for me, otherwise it does not get any love.
eryba1
January 27, 2014 – 10:14 am
gogole getting to that 1100 and below range.
eryba1
January 27, 2014 – 10:16 am
goog under 1100 I will add this one back into my portfolio today
Golfcar101
January 27, 2014 – 10:19 am
@eryba1: thank`s as far as the love quote did not mean you meant everyone in general
eryba1
January 27, 2014 – 10:22 am
@Golfcar101: no I gotcha!!
Love is when its performing well from my buy point. Fb down another 2% I am going to start adding this one as well today as a 1st tranche. opening green on the screen seemed like a bear trap
jahmon
January 27, 2014 – 10:22 am
Anyone buying the 3d stocks today?
Golfcar101
January 27, 2014 – 10:22 am
@eryba1: is xone a buy here for second tranche
eryba1
January 27, 2014 – 10:23 am
@Golfcar101: xone like a rock may see 42 as far as I know
Golfcar101
January 27, 2014 – 10:24 am
thanks
MikeM
January 27, 2014 – 10:24 am
@eryba1: Your thoughts on DDD, XONE, and TQNT here?
eryba1
January 27, 2014 – 10:24 am
@Golfcar101: its oversold but can always get further oversold. as a 1st tranche looks interesting
eryba1
January 27, 2014 – 10:38 am
@MikeM: its correction time for everything. DDD near 30% correction same for xone.
eryba1
January 27, 2014 – 10:40 am
tech stocks being hit the hardest. I am adding today on this 3rd down day to FB, GOOG, AMZN, CIEN, TQNT, FSLR, AAPL, and perhaps LNKD
rkumar
January 27, 2014 – 10:43 am
ibb biotexchs getting killed down 8.22
eryba1
January 27, 2014 – 10:50 am
@rkumar: what isnt FB 12% correction 58.5 to 51.85. LNKD was what 235-240 while I was away and now bk to 205. 3 d stocks pummeled.
jahmon
January 27, 2014 – 11:54 am
I’ve been completely out of the 3D companies but I did an initial tranche in all four of them today, DDD, XONE, SSYS, VJET.
MikeM
January 27, 2014 – 12:11 pm
@jahmon: I tranched into xone and ddd as well here today
msamuels2000
January 27, 2014 – 12:16 pm
@jahmon: I trimmed a while ago and tranched back in a bit early apparently. I’ll try to nibble on some calls this afternoon on all the 3Ds. What is the catalyst for the bloodletting?
carl
January 27, 2014 – 12:35 pm
@eryba1 Is xone a decent long term buy? It does not seem to have performed as well as ddd or stratysis…..
jahmon
January 27, 2014 – 1:08 pm
Is Apple going to be a sell the news event if the earnings report and guidance aren’t picture perfect or better?
eryba1
January 27, 2014 – 1:34 pm
@carl: U R right xone has only performed for those who bought after the first big decline from 75 to 42, any low 40’s buy when it then rose to 63 then fell to 53 then back to 68-70 and now at 46.6. the charts looked much better for DDD and ssys, but to be honest all 3 have had their fair share od steep decline but xone has had the most thus cody buying a basket vs just choosing 1 winner.
eryba1
January 27, 2014 – 1:52 pm
Ok some stocks and or recent leaders coming off their lows and or into the green. AMZN FB NFLX apple (staying in the green for now) fslr, goog, intc, jnpr to name a few
eryba1
January 27, 2014 – 1:55 pm
one issue with bitcoin: BitInstant CEO Charlie Shrem Arrested for Alleged Money Laundering Read more: BitInstant CEO Charlie Shrem Charged With Money Laundering Bitcoin | TIME.com http://business.time.com/2014/01/27/bitinstant-ceo-charlie-shrem-arrested-for-alleged-money-laundering/#ixzz2rcubdqNl
eryba1
January 27, 2014 – 1:56 pm
NOT that other BANKS dont have a huge amount of issues but in its infancy the dark side of bitcoin is disconcerting.
chrismossey
January 27, 2014 – 2:08 pm
Bitcoin down 22 on the news at 789. At 700 I am buying a few more.
eryba1
January 27, 2014 – 2:09 pm
@chrismossey: my feed says its at .978 vs your quote of .789
chrismossey
January 27, 2014 – 2:13 pm
coinbase
chrismossey
January 27, 2014 – 2:14 pm
my account is with coin base.
chrismossey
January 27, 2014 – 2:15 pm
Features For Merchants About Resources Current Buy Price: $788.43 Avatar Chris Mossey
eryba1
January 27, 2014 – 2:15 pm
@chrismossey: on your feed its trading at 789? I see todays low at .950. Buy price of 788.43 thats odd.
chrismossey
January 27, 2014 – 2:16 pm
Buy Amount BTC at $790.71 USD each
chrismossey
January 27, 2014 – 2:17 pm
Sell Amount BTC at $784.80 USD each
eryba1
January 27, 2014 – 2:17 pm
gold declining as stocks for now seems to have found a bottom. is this the coming bounce from hi fear level? oversold nature? lets just watch this bounce carefully. We dont want this to be the RT shoulder in a head and shoulders top. rt shoulder level S&p 1815-1820
eryba1
January 27, 2014 – 2:18 pm
@chrismossey: have U checked other sites to see if its at the same $$. I thought my feed / source was what all others would be at as well. http://bitcoinity.org/markets
chrismossey
January 27, 2014 – 2:19 pm
no, all my silicon valley friends are with coin base.
eryba1
January 27, 2014 – 2:20 pm
@chrismossey: u dont find that odd?
chrismossey
January 27, 2014 – 2:20 pm
BTW for what its worth, I am at an offsite senior management meeting – 9 of us in the room. 6 of 9 people using MacBooks.
chrismossey
January 27, 2014 – 2:20 pm
@eryba1: No, there is not a single bit coin. there are more than 30 providers. Each provider has its own marketplace.
eryba1
January 27, 2014 – 2:21 pm
@chrismossey: thats for the mac to pc ratio
lets see if these #’s are represented in the earnings tonight and CC for details
chrismossey
January 27, 2014 – 2:21 pm
One dell and two hp’s – 6 apples
eryba1
January 27, 2014 – 2:22 pm
@chrismossey: yes but a currency to have one quote at 974 and the other at 780 nearly a 200 pt spread one sire is depends which way U look at it 22% cheaper or the other way 25% more expensive
eryba1
January 27, 2014 – 2:23 pm
thats one site is
chrismossey
January 27, 2014 – 2:23 pm
yes, this is the challenge with bit coins. Be careful with them.
eryba1
January 27, 2014 – 2:25 pm
@chrismossey: yes very careful, so much that I am unwilling to invest in them and the ones I do hear invest in them or rather I should say accept them do not HOLD them rather take them in and exchange them for cash asap is the way I understood richard branson and las vegas hotel accepting them stating their process of bitcoin system.
chrismossey
January 27, 2014 – 2:26 pm
yep – I own only 2. Colleague – $1m worth.
eryba1
January 27, 2014 – 2:29 pm
@chrismossey: sounds like a big bet on a currency that overnight the USA gov can shut down and make a law to not accept as todays fraud charge adds weight to IMHO
eryba1
January 27, 2014 – 2:31 pm
baltic dry index still falling but today MUCH less than other days and its been in a spiral down for weeks- http://www.dryships.com/pages/report.asp
eryba1
January 27, 2014 – 2:37 pm
S&P in the green naz has just under 90 min left to do so as well
eryba1
January 27, 2014 – 2:44 pm
lets see if it can do it. cien almost green after its smack down of 10% in a few short days. apple on slightly higher than avg vol with 75 min left
eryba1
January 27, 2014 – 2:46 pm
Marlboro man dies from smoking-related disease- http://abclocal.go.com/wabc/story?section=news&id=9408765
chrismossey
January 27, 2014 – 2:49 pm
@eryba1: what positions have filled for you today?
eryba1
January 27, 2014 – 2:50 pm
FB GOOG AMZN AAPL CIEN LNKD TQNT
chrismossey
January 27, 2014 – 2:50 pm
all have filled?
eryba1
January 27, 2014 – 2:50 pm
and FSLR
chrismossey
January 27, 2014 – 2:51 pm
Not one of my orders through fidelity has filled.
eryba1
January 27, 2014 – 2:51 pm
filled yes.
eryba1
January 27, 2014 – 2:52 pm
I sold FB at 58 handle today at 52 or under was HUGE BUY for me, GOGO we just briefly chatted today I said UNDER 1100 I am buying and I did hit 1082. Amzn 380 range was a BIG buy CIEN 21.4-21.75 a BIG BUY
eryba1
January 27, 2014 – 2:53 pm
Were we not also speaking before I left about LNKD on this site. It hits 200 then sees 250, while away i saw it at 235-245 one day up 10% or more today 204 I bought some.
eryba1
January 27, 2014 – 2:56 pm
@chrismossey: apple seems to have found support at 50 day avg. That and Carl Ichan buying 1B more in past few weeks. Still PE ex cash 8-10 I think is a good investment. Fear greed index at 24 today and quite oversold as of this morning, plus this chart more bears this week finally http://tickersense.typepad.com/ticker_sense/2014/01/January-27th-blogger-sentiment-poll.html
eryba1
January 27, 2014 – 2:59 pm
@chrismossey: Ur limit orders must have been way under the lows of today as no one expected a near 5% decline mid day in FB, 3% goog, unless U R referring to options.
msamuels2000
January 27, 2014 – 3:19 pm
BIDU starting to look attractive here
eryba1
January 27, 2014 – 3:20 pm
@msamuels2000: big risk reward with china stocks these days with all the accounting questions and the like.
chrismossey
January 27, 2014 – 3:28 pm
I am filled except on cien – was trying to steal things.
eryba1
January 27, 2014 – 3:29 pm
@chrismossey: u may get filled in common shares but perhaps just not today. I am looking for a bounce in the S&P ND THEN reevaluate at S&P 1815-1820. Let see earnings 1st and bounce if / when it comes and from where
chrismossey
January 27, 2014 – 3:34 pm
agreed, I am an complete trading mode. I suspect we will turnover our trading accounts 4 maybe 5 times this year.
eryba1
January 27, 2014 – 3:36 pm
@chrismossey: lets 1st see this correction play out, if we get a bounce and hi hi it may go
chrismossey
January 27, 2014 – 3:37 pm
with you and being cautious.
eryba1
January 27, 2014 – 3:47 pm
@chrismossey: trying my best
eryba1
January 27, 2014 – 3:51 pm
U can feel the market isnt ready to bounce yet all day. No energy, needs a spark. will APPL be it? we will find out shortly and see if that carries into tomorrow. For now we are in a downtrend- http://www.mcoscillator.com/market_breadth_data/
drefleury
January 27, 2014 – 3:53 pm
AAPL doesn’t know what it wants to do intraday
eryba1
January 27, 2014 – 3:55 pm
it may not sound pleasant but its better we get further oversold 1st, to shake out all the weak hands
chrismossey
January 27, 2014 – 3:58 pm
Coinbase Features For Merchants About Resources Current Buy Price: $767.31 Sign In Sign Up ×
chrismossey
January 27, 2014 – 3:59 pm
@eryba1: look the last price on coinbase
eryba1
January 27, 2014 – 4:00 pm
@chrismossey: https://coinbase.com/charts
eryba1
January 27, 2014 – 4:00 pm
VS http://bitcoinity.org/markets
eryba1
January 27, 2014 – 4:00 pm
770 vs 970
carl
January 27, 2014 – 4:02 pm
@eryba1 Naive question-where do I get graphs with 50/100 day moving averages?
chrismossey
January 27, 2014 – 4:02 pm
stockcharts.com
chrismossey
January 27, 2014 – 4:09 pm
@eryba1: bring on Apple
drefleury
January 27, 2014 – 4:34 pm
@chrismossey: Seeing some bad early signs… can’t find the report tho
chrismossey
January 27, 2014 – 4:35 pm
drefleury
January 27, 2014 – 4:35 pm
Apple, Inc. (NASDAQ: AAPL) reported Q1 EPS of $14.50, $0.41 better than the analyst estimate of $14.09. Revenue for the quarter came in at $57.6 billion versus the consensus estimate of $57.46 billion. The Company sold 51 million iPhones, an all-time quarterly record, compared to 47.8 million in the year-ago quarter. This was below the consensus of 54.6 million. Why are we down 6%?
msamuels2000
January 27, 2014 – 4:35 pm
@chrismossey: doesn’t look like a homerun. Revs & Earnings in line. iPhones sales lower than estimate iPad and Mac above estimates – action will come down to guidance
drefleury
January 27, 2014 – 4:36 pm
@chrismossey: Why in the world would share be down 6%?
chrismossey
January 27, 2014 – 4:38 pm
No sure, must be phone numbers.
chrismossey
January 27, 2014 – 4:43 pm
seems to be guidance.
jahmon
January 27, 2014 – 4:44 pm
Apple disappoints again…That’s what I was afraid of…if it wasn’t perfect it would be punished….when absolutely everyone says Apple is going to blow it out….flip it…
msamuels2000
January 27, 2014 – 4:44 pm
the comment was it was a “Miss in the only thing that matters: iPhone sales”
doug.sekula
January 27, 2014 – 4:49 pm
How low can this thing drop? (AAPL)
eryba1
January 27, 2014 – 4:51 pm
@carl: not naive, yahoo finance may have some, but online for sure, brokers have platforms like etrade and schwab and ameritrade, other software to subscribe to like esignal and others.
eryba1
January 27, 2014 – 4:53 pm
This just now from a fund manager: Some pos in Q, but $AAPL+5.7% y/y rev grwth. Growth days behind it or pause be4 next product cycle? Contrast this to grwth @$FB $GOOG $TWTR.
chrismossey
January 27, 2014 – 4:58 pm
Increased buy back is needed. Icanhn will be pounding the table hard now.
eryba1
January 27, 2014 – 5:03 pm
@chrismossey: maybe- but they did the greatest buyback in financial history at the bottom of rates. This is all about new products needed, growth rate, Iwatch, Itv larger screened phones and tablets coming in 2014. I am tempted to add here at 516.5 as I usually dont like to buy A/H
chrismossey
January 27, 2014 – 5:05 pm
I might as well, I suspect the call will go well.
drefleury
January 27, 2014 – 5:08 pm
@eryba1: How do you buy and sell a/h? I’m on TD Ameritrade.
eryba1
January 27, 2014 – 5:08 pm
@chrismossey: this is also a function of a negative tape, nothing is good enough and people sell 1st and ask questions later as we are in a down trend
drefleury
January 27, 2014 – 5:08 pm
Strong ipad sales
eryba1
January 27, 2014 – 5:10 pm
@drefleury: I am not familiar with your system but if they allow pre market and A/H trading it would be a limit order extended hours fill or kill or extended hours immediate or cancel type order. Depends on the terminology your system has.
eryba1
January 27, 2014 – 5:13 pm
@drefleury: stock down 7% + before CC pretty large decline. Maybe better to wait for the rest of the market sellers / buyers to react tomorrow as the decline now at 7.5%
drefleury
January 27, 2014 – 5:29 pm
@eryba1: Yeah, I’m not making any moves… Just perplexed by my poorly timed moves in this stock. I might have to blacklist it.
chrismossey
January 27, 2014 – 5:32 pm
This conference call seems better than one would think.
chrismossey
January 27, 2014 – 5:33 pm
Mobile payments a big opportunity per Tim.
eryba1
January 27, 2014 – 5:34 pm
To my eye let it find some support first and Seems like a good entry under 510 going into a new year of new iwatch, larger screen phones, china sales not in the #’s etc
chrismossey
January 27, 2014 – 5:35 pm
Tony’s question is dead on right now;
chrismossey
January 27, 2014 – 5:35 pm
Key thing is the going to hurt the suppliers?
chrismossey
January 27, 2014 – 5:36 pm
listen to these growth rates.
eryba1
January 27, 2014 – 5:37 pm
@chrismossey: I am out what are those #’s
chrismossey
January 27, 2014 – 5:37 pm
latam, aftica and europe, 81%,66% and 110%
jahmon
January 27, 2014 – 5:39 pm
Apple’s going to leave a mark yet again…
eryba1
January 27, 2014 – 5:40 pm
@chrismossey: nice %’s but again this is all about a new product line coming and margins on iphones. I think this is an over reaction personally but cant fight the market. Chris your sale at 535 is looking wise. who could have expected a 45 pt decline on earnings. China sales now coming and new products in 2014, However for now people selling 1st and stock has found no support yet now at 501
chrismossey
January 27, 2014 – 5:40 pm
agreed.
eryba1
January 27, 2014 – 5:40 pm
Ichan 3+ billion stake has now lost 250M A/H
Cody
January 27, 2014 – 5:41 pm
Most recently I wrote this about $AAPL “Fast-forward to today and you can still say the exact same thing about Google and Apple. They’re up huge from where I’d first started investing in them, if you haven’t yet started a position in those two and you’re looking to build up a Revolution Investing portfolio, I’d still consider these two as starting blocks. You might look to start slowly by taking a 1/3 full position in each for now and buying more over time, but the revolutions that these two companies are driving are not over yet.”
Cody
January 27, 2014 – 5:42 pm
If your time horizon is longer than a year, I’d be looking to buy the second of three tranches to get up to your full $AAPL position starting here at around $500.
eryba1
January 27, 2014 – 5:43 pm
@Cody: I am feeling the same way 500 is VERY interesting and tempting level to start. its down 10% from todays hi of 554.8
chrismossey
January 27, 2014 – 5:49 pm
@Cody: I am listening this call, Tim talks about the product mix never being better. From your view though. Are they going to introduce a product that can move the needle on drouth. These seems to be the key.
Cody
January 27, 2014 – 5:49 pm
@chrismossey: TIm’s in a SHOW ME position.
chrismossey
January 27, 2014 – 5:51 pm
I agree, he never shares the growth story. What do we make of it?
chrismossey
January 27, 2014 – 5:51 pm
Tim is painting a rosy picture here yet we cannot quantify it. FWIW, got filled at 503 after hours on some.
eryba1
January 27, 2014 – 5:53 pm
@chrismossey: nice #. Mine got filled at 506
chrismossey
January 27, 2014 – 5:58 pm
Tim will frustrate the heck out of a person!
chrismossey
January 27, 2014 – 6:02 pm
Cody, thoughts on the suppliers in our portfolio? any negatively impacted by apple? They still sold a ton!
chrismossey
January 27, 2014 – 6:10 pm
Tomorrow could be one hell of day to add some apple options at like 500 for the Jan 15’s
eryba1
January 27, 2014 – 7:02 pm
iPhone units were 51 million, compared with 47.8 million units year over year and up 7% but against 54.6 million consensus and “whisper” numbers of 56 million
eryba1
January 27, 2014 – 7:02 pm
iTunes, software and services also improved impressively by 19% year over year. iTunes billings were $4.7 billion because of the strength in App Store sales. Software and services increased 26% year over year. Retail store revenue grew 9% year over year to a record $7 billion on strong iPhone and iPad sales, with 21,000 visitors per store per week
eryba1
January 27, 2014 – 7:04 pm
The company ended the quarter with $158.8 billion in cash, or 12% year-over-year growth, including $34.4 billion in the U.S. Gross margins were ahead of expectations both management’s and analysts’, at 37.9% and operating margins were also ahead at 34.3%.
eryba1
January 27, 2014 – 7:05 pm
Overall, the results were solid, but against expectations, they missed. Guidance was conservative, and with China Mobile in the mix, it could easily be beaten next quarter. There is potential for share gains in enterprise and for continued upside potential overseas from new carrier partnerships. Plus, the stock remains cheap at 9.3x ex cash, which is not commanding. Gross margins were better than “feared,” ASPs for iPhones rose, and other products beat.
George Mtz
January 27, 2014 – 7:50 pm
Hi Cody: Over all on Apple I have red the information and I consider they did preaty good. Given your experiance do you consier the stock will go further south given the fact that so many good things are still to come, do you recommend to sell and just buy in 20 to 30 days?
George Mtz
January 27, 2014 – 7:53 pm
What is your take, I was looking at restructuring my portafolio for all 2014 and I just think there is a on going negative attitued in WS against the Apple.
eryba1
January 27, 2014 – 7:56 pm
@George Mtz: Cody recommended buying at 500 after the market reaction to earnings this evening.
eryba1
January 27, 2014 – 7:58 pm
First trance buy if u don’t have any and 2nd if u have some. Let’s see the market action tomorrow in this now oversold in need of a bounce market.
JSmith
January 27, 2014 – 8:45 pm
I think it is obvious, media/analyst will never be happy with Apple, and will keep spinning the negative. Result, stock will continue to drop because Apple will not measure up to something they had in mind. Even when they announce something new, it will initially be a disappointment until it once again proves itself capable of generating a large percentage of profit. Regardless, that will take a long time. Until that buzz, Apple is a dead investment compared to what we think it should be.
eryba1
January 28, 2014 – 7:28 am
@JSmith: to me what is obvious is that APPLE MUST innovate with new products. Iwatch larger screen iphones and large screened ipads and eventually Itv for which it bought that chip company that is in use in the xbox for motion control hand gestures etc. At some point this must be discounted as the stock is already trading quite cheaply, but that in and of itself is not a reason to buy. The chine deal is a big WIN that has just begun 13 cities selling it now and in a year cook says 300 cities. This should move the needle. I wanted to upgrade my familys iphones but was prevented from doing so as cook mentioned ths prevented many new iphone sales,
eryba1
January 28, 2014 – 7:29 am
However this prevention is stopping or will end by this summer and any new Fall iphone larger screens will be on my list to replace the iphones we now have. I think cody is rt in that at 500- 510 I will say is a good entry point or add on price. It may not move too much now but the worst is priced in and we know for a fact new products the lifeblood of this comoany are coming in the fall of 2013 and china sales will be VERY prevalent in this current quarter.
eryba1
January 28, 2014 – 8:09 am
Apple downgraded at Oppenheimer JAN 28, 2014 | 7:49 AM EST AAPL was downgraded to Perform, Oppenheimer said. Guidance showed the supply has caught up with demand in most regions for new products.
carl
January 28, 2014 – 8:33 am
I am guilty of the greed sin. I bought aapl at 550 expecting a bounce to 600 over the next few months. I would like to say never again, but never is a long time.
eryba1
January 28, 2014 – 8:37 am
@carl: You are not the only one Carl. I too added some apple at 550 yesterday as it was holding its 50 day avg for some time. I dont think many expected this. What is another BIG factor today is the just announced durable goods #. With such a SOFT # just reported it can be said the FED MAY NOT remove liquidity this month as a 4.3% decline vs expected 1.5% rise is a pretty big # plus add the soft jobs # and weak retails sales # are now all adding up to a slowdown. Look at the 10 year back down to 2.744
eryba1
January 28, 2014 – 8:38 am
Google price target boosted at Jefferies JAN 28, 2014 | 8:12 AM EST GOOG lifted its price target, according to Jefferies. Strength in core search business and positive data from GOOG’s ad partners. $1300 price target and Buy rating.
eryba1
January 28, 2014 – 8:39 am
Apple price target, EPS cut at UBS JAN 28, 2014 | 7:39 AM EST AAPL decreased its numbers, according to UBS. Driven by lower iPhone sales. $625 price target and Buy rating.
carl
January 28, 2014 – 8:49 am
@eryba1 Thanks, I feel a little better right now. I am not going to unload it for a long time. It has a future.
eryba1
January 28, 2014 – 9:09 am
Here’s some good news: Q4 core durable shipments, a direct input into GDP, rose 6.5%, the best showing since Q1 2012.
eryba1
January 28, 2014 – 9:16 am
@carl: look this may sound CORNY to some, but we all make mistakes and what looks like a mistake for now. We all want to buy at THE LOWS and sell at THE HI’s. We need to buy uptrending stocks for our money to work for us. Apple was holding 550 range +/- a few % points. So its NOT TERRIBLE to have bought some vs all in at 550, that would be a mistake. We all know earnings release dates can be volatile for stocks and we have been on the winning and losing side. Its not bad to have had some on and leave room to add.
JeffDaniel
January 28, 2014 – 9:34 am
Apple will never surpass it’s old high of $705 with Tim Cook at the helm. The market has moved onto large screen phones and he has ignored this. Once again Apple is playing catchup. If they are not going to use the cash for new categories and increased RnD then give it back to the shareholders. Would like to see a change at the top of Apple
eryba1
January 28, 2014 – 9:36 am
@JeffDaniel: they need to buy social, yelp, nflx, for the hyper growth and or new wow products, but buy when its unloved and at 705 it was on the red carpet and bright lights blaring
eryba1
January 28, 2014 – 9:43 am
added Goog, FB, tqnt and apple so far today
eryba1
January 28, 2014 – 9:43 am
and more lnkd
eryba1
January 28, 2014 – 9:46 am
solar stocks picking up steam again scty up 4% fslr up 1.5% but whose chart hasnt looked good since the GS downgrade
msamuels2000
January 28, 2014 – 9:55 am
picking up some FB AMZN GOOG BIDU and LNKD off the bargain shelf yesterday helped soften the blow from AAPL. might look at some really short term AAPL calls and some leaps out to 2015
eryba1
January 28, 2014 – 10:03 am
@msamuels2000: we are starting to see who the leaders are so far as $$ comes back in after yesterdays fear, GOOG, FB, SCTY, NFLX = solar and social, biotech coming back as well as 3D printer stocks but they have fallen 20-30% so a bounce for now for all.
eryba1
January 28, 2014 – 10:06 am
I need to get further info on the mobile payments portion for apple. A competitor for paypal the leader?
eryba1
January 28, 2014 – 10:11 am
tqnt coming back now down just under 1% after being down 4%
eryba1
January 28, 2014 – 10:13 am
Scully former apple ceo biased perhaps but right in saying apple doesnt trade like a growth stock so why such a decline when trades at a PE of 8, wasnt priced for perfection or growth so why a decline as if it was
eryba1
January 28, 2014 – 10:14 am
China 16 cities and will be 300 by years end, new products coming that we were told, mobile payments, carriers now allowing upgrades.
chrismossey
January 28, 2014 – 10:26 am
@eryba1: what solar stocks do you own?
eryba1
January 28, 2014 – 10:28 am
@chrismossey: I bought fslr yesterday as a new position.
musa
January 28, 2014 – 10:28 am
apple a train wreck this morning but guess what? the quarter wasnt bad and I say it comes back to 585. Like it or not theirs some good stuff going on at apple
eryba1
January 28, 2014 – 10:29 am
I did not like the action in it in dec/ jan when scty announced it was entering the commercial business with TSLA technology and then came the GS downgrade of FSLR and upgrade of SCTY
chrismossey
January 28, 2014 – 10:30 am
interesting stat for mobile payment. 400 million iTunes users, 50 million Visa card holders. PayPal is not in the same universe as iTunes. Perhaps this could be very big, iPhone 6 is also suppose to be NFC enabled. If cook would have illustrated this the stock would be at 600 today.
eryba1
January 28, 2014 – 10:32 am
@musa: there were a lot of negatives yes but reasons for them that no one wants to hear. However its a products company and the cycle for new products is ahead of us not behind us, carriers stopping 2 year no upgrade as now no contracts the theme, i could not upgrade 3 iphones, mobile payments, new larger screen iphones, iwatch, itv, china sales 16 cities so far in 2014 by year end near 300 cities
eryba1
January 28, 2014 – 10:32 am
@chrismossey: yes and YES!!! again something no body expects sees etc and its no growth stock withy PE of 8 so why punished as if PE was 20-30
chrismossey
January 28, 2014 – 10:33 am
Simple – Cook does not communicate.
eryba1
January 28, 2014 – 10:34 am
@chrismossey: its all about iphone sales for now so they do the speaking, no one cares about the small needle push on ipads and macs
eryba1
January 28, 2014 – 10:35 am
@chrismossey: or anything else itunes app sales etc its all about iphones with the big margins. The iPhone is 60% of profits for the company so worth watching.
musa
January 28, 2014 – 10:36 am
The analysts can down load songs from itunes from their macbook computers, and watch movies on their ipads all the while downgrading the stock. what a fickle bunch of people they are.
eryba1
January 28, 2014 – 10:37 am
@musa: its simply a product specific company and needs new ones to impress with its #’s on iphones.
chrismossey
January 28, 2014 – 10:37 am
Yes, but every other company including the one I work for lays out a vision. They say nothing. They need to remember, they are a public company. If they want to be private and not say a word. Give us our money back at book value of 1100 a share.
eryba1
January 28, 2014 – 10:39 am
@chrismossey: on that front yes and NO finesse for earnings CC and charisma, thats just his personality
eryba1
January 28, 2014 – 10:40 am
fslr- looking for it to break above 51.25 to maybe see 55-56 if market continues to bounce to S&p 1815-1820
Jeffhok1970
January 28, 2014 – 10:42 am
I am seeing a lot of stocks bouncing? Dead Cats?
eryba1
January 28, 2014 – 10:43 am
@Jeffhok1970: for now oversold bounce- http://money.cnn.com/data/fear-and-greed/ http://www.mcoscillator.com/market_breadth_data/
eryba1
January 28, 2014 – 11:08 am
ichan tweets be bot $500M more in apple shares on this decline
joe.evicel
January 28, 2014 – 11:09 am
@eryba1: just saw that as I placed my order
eryba1
January 28, 2014 – 11:10 am
Plus corning says gorilla glass VERY strong in Q4, and however WEAK in touch notebooks and sees vol to grow 30% in 2014
eryba1
January 28, 2014 – 11:12 am
interesting- the GDX is up 1.4% so far today while gold is down, lets see how this closes and if it affects the gld to rise in anyway.
lfnunnally
January 28, 2014 – 11:17 am
Today I have bought small tranches of FLSR, AAPL, CIEN, XONE
chrismossey
January 28, 2014 – 11:19 am
Fwiw – bought the jan 2015 600 calls this am. And added to Tqnt
chrismossey
January 28, 2014 – 11:20 am
Calls in aapl
chrismossey
January 28, 2014 – 11:20 am
ona
chrismossey
January 28, 2014 – 11:21 am
on a plane to Florida – typing on this small screen 5s stinks – lol
eryba1
January 28, 2014 – 11:22 am
@chrismossey: dont worry chris- cook says cooking up a larger screen for us all this fall : )
musa
January 28, 2014 – 11:39 am
Icahn buying is good for the stock. look at the guys track record.
eryba1
January 28, 2014 – 11:39 am
update on ichan tweet. says apple new product category cook stated will be here in 2014 the last time a new category was released was 4 years ago in the ipad. States apple should once again buy back more shares at these very low levels and he has made a great deal of money buying on these types of declines on companies that have been misunderstood by the markets.
musa
January 28, 2014 – 11:39 am
I dont want to bet against icahn
eryba1
January 28, 2014 – 11:41 am
with the fed meeting tomorrow and all the uncertainty revolving that in a weak market dow down 5 straight days this market is already pulling back from its his was up 90+ now 29 on the dow and the state of the union tonight as well
eryba1
January 28, 2014 – 11:45 am
@musa: not many do, however the market is more powerful than a single person and his tweeting cash. Diversify diversify.
eryba1
January 28, 2014 – 11:50 am
so we had a good start to the market yet you once again can feel the apprehension and tepidness of investors / buyers unwilling to hold as stocks weaken and pullback midday from their earlier hi’s so far today.
eryba1
January 28, 2014 – 11:53 am
this is what it feels like after the beating stocks have taken and terra firma is being sought yet not established yet.
jakef1111
January 28, 2014 – 11:55 am
Aapl is super frustrating with the noise the numbers look good the company makes a ton of money… Cook looks to be maximizing on every product every step of the way and aapl is positioned to be in the high end sweet spot for years on iphones…. There seems to be a disconnect between what aapl is doing and what WS wants aapl to do… That seems to be the tug of war now but in comparison to amzn aapl is expanding their user base and making barrels of profit…. It seems like aapl can turn on other profit spigots that WS just doesnt give a rats about right now…. Nevertheless its making it hard to own…. Maybe thats what ws wants…. Aapl to be less widely held i dunno
eryba1
January 28, 2014 – 11:59 am
@jakef1111: yes hard to own for now, that indeed is true thats we we buy in tranches if thats ones method on the way down vs just buying uptrending stocks that pullback to support lines, averages. Also this is another reminder of 2 things 1- DIVERSIFY and 2- buying rt around earnings is HIT OR MISS, INTC was ok but pulled back 10%, NFLX great up 15%, apple just ok light on iphone #’s and gets hit as if it were trading at a PE of 15-20. This does give people opportunities to buy in if they are so inclined. As was the XONE decline many wanted in at 65-68 and has pulled back all the way to 46 yesterday. The market always opens a door to get into a stock. nothing goes straight up.
eryba1
January 28, 2014 – 1:38 pm
markets slowly finding their footing for now albeit on LIGHTER volume. many seem to be waiting for the FED speak. One would think with the recent global fear the past few days, weak jobs #, durable goods #, retail spending and the like they may taper but provide dovish language. Seems investors are waiting on the sidelines until then so far.
eryba1
January 28, 2014 – 2:19 pm
how ODD: Just now I get an email from my cell phone carrier that we are NOW eligible to upgrade all 3 lines on the plan. How unfortunate for apple and now I will wait for the larger screened versions, vs repeating this upgrade process now and again in just a few short months.
rkumar
January 28, 2014 – 3:04 pm
cody,
rkumar
January 28, 2014 – 3:04 pm
great post cody,
rkumar
January 28, 2014 – 3:04 pm
how low u think sand p can go?
rkumar
January 28, 2014 – 3:04 pm
15 P?
eryba1
January 28, 2014 – 3:33 pm
apple and its mobile payment possibilities: http://www.thestreet.com/story/12278555/1/apples-next-product-is-here-update-1.html
Janmara1
January 28, 2014 – 3:45 pm
Does anyone know where to look on the net for block trades i.e. apple
MikeM
January 28, 2014 – 3:50 pm
@eryba1: Do u still feel as strong about aapl and tqnt as potential portfolio leaders this year after aapl’s report?
eryba1
January 28, 2014 – 3:51 pm
@MikeM: good question
MikeM
January 28, 2014 – 3:56 pm
@eryba1: ok. I am holding my tqnt position steady for now and initiating position in aapl here. I feel aapl story is still strong with growth potential.
eryba1
January 28, 2014 – 3:56 pm
@MikeM: I do think apple has a lot more to offer than missing whisper #’s for an extra 2-3 M iphones. It had good iphone sales growth over last year. It is again a product story and I believe it will be higher year end with china mobile, new larger screened iphones, larger screened ipads, any mobile payment news would be nice and ofcourse the iwatch which cook basically said is a 2014 item and apple seems to be a 2nd half 2014 story. I will give this one some room. Last year we started 2013 with lagging BADY in tech, it seems to be a repeat this year so far for most tech. Its a stock pickers market and we need to watch individual names act and give them some leeway around earnings where most are extra volatile.
MikeM
January 28, 2014 – 3:59 pm
@eryba1: Thanks
eryba1
January 28, 2014 – 4:00 pm
@MikeM: gold was # 3. And that is why we also need to diversify. I started adding apple a bit yesterday and more today after being away and mostly in cash. yesterdays drop in goog FB fslr lnkd amzn cien were too tempting to pass up as I had mostly been in cash. So the perspective lies in where we buy stocks at what levels.
JSmith
January 28, 2014 – 4:01 pm
Unless Apple invents a device that also screens and cures cancer, while u use it; analyst and the media will surely cry Apple has failed the “innovation test” without Jobs, and is doomed to continue down like previous giants. Claiming it as the last nail in the coffin. I can read the fall headlines now. Apple is simply held to an unrealistic standard (compared to others) based on past successes and scope required to move needle. I don’t think they can deliver anything without these people crying doom with the market blindly believing. There are no more China Mobiles to reach an agreement with, to keep the climb going up (as much as these same people want) with smartphones. During it all, Apple bank account get fatter. The question is, does this make Apple not a good investment?
JSmith
January 28, 2014 – 4:01 pm
We keep waiting and not sure based on above, if we are waiting for something else people will simply claim is a failure. Why are we keeping this stock?
eryba1
January 28, 2014 – 4:03 pm
@JSmith: U dont have to keep any stock U dont want in your portfolio. Buy just the uptrending stocks that pullback to support levels or pullback and find support. We all get to customize our portfolios, which stocks, how much, when to buy sell add etc. thats the beauty of individual investing and diversifying. Today apple HURT but FB GOOG FSLR LNKD AMZN CIEN did very well
JSmith
January 28, 2014 – 4:12 pm
I am just saying, Apple is expected to turn water into wine, or do some miracle. People will say they failed, and that can be a problem this fall since the masses listen to these people. Do you think they will do something this fall to shut everyone up that is impatient and expecting a miracle device that will make billions? Will people say, Apple is back or will the press continue to say Apple is doomed? That will be what decides if Apple is a good investment in the mid-term.
eryba1
January 28, 2014 – 4:22 pm
Miracles no one can accomplish IMO. New great products they can do. New markets inventions they can do.
eryba1
January 28, 2014 – 4:28 pm
Leys be patient if u can. If u want to invest in what’s just working up tenders etc then that’s fine too. Just diversify and let stocks grid like kids. Some develop and blossom before others not everyone can rise higher / grow at the same pace. That why u can buy tranches sell rips buy dips. Today stung for apple holders. But again other holdings did nicely while rebounding bounce for now. Needs to form more support and not be a dead cat bounce to s&p 1815-1820. Leys see fed tomorrow. State of union and earnings Tom amazon google. Then Facebook. Pattern has been unless huge best and guide higher the stock pulls back.
eryba1
January 28, 2014 – 4:29 pm
@JSmith: I know it’s frustrating. No one said investing waS easy or everyone would be doing it.
chrismossey
January 28, 2014 – 5:05 pm
@eryba1: trade idea – thoughts on thoughts on the july 600 apple calls @7.50 – these dropped $13.50 today and would essentially be up 200% if apple moves back to 550=560 by end of march.
eryba1
January 28, 2014 – 5:09 pm
@chrismossey: will it rise 10% by end of march essentially in 2 months tough one. If this is a dead cat bounce and we decline from bounce to S&P 1815-1820 No it will not make it. if we can hold and get back there and apple has SOME good news china sales, mobile payment , new iphone screen sizes perhaps, as there are MANY MANY sellers waiting to get back to even = 550-555 range for those who bought yesterday and SELL as that is the new overhead resistance level.
chrismossey
January 28, 2014 – 5:17 pm
apple on Fastmoney
chrismossey
January 28, 2014 – 5:21 pm
@eryba1: Hard to believe apple does nearly 4x quarterly revenues as Google. ? for you – have you heard of a whisper number like referred to with apple yesterday?
eryba1
January 28, 2014 – 5:23 pm
yes 56M iphones
eryba1
January 28, 2014 – 5:24 pm
Now here’s a situation worth sinking your teeth into. This is the narrative: Last quarter Apple set out some sales objectives and ranges on its conference call. You know what it did? It actually beat those numbers, which is why management started the conference call with incredible bullishness. Was it arrogance? I think it was confidence — the confidence of beating your own numbers.
eryba1
January 28, 2014 – 5:24 pm
Now, the company did not lay out how it was going to hit the numbers. It never said it was going to sell 56 million iPhones, which was the estimate that the analyst community set. I repeat, it never gave you that number. However, when analyst after analyst put out that number, Apple did nothing to refute it. Apple didn’t think that was its job. This morning, I said Apple overpromised and under delivered but what it really did was allow the analysts to get well ahead of what the company could do with iPhones. That was the real culprit. So, that was one issue. The company did not stop the bullish onslaught in some way that would have tempered enthusiasm.
eryba1
January 28, 2014 – 5:24 pm
there are the momentum guys. They need to hear of a new product right now, or else. They need to hear outrageous projections about China. They didn’t get either; the hint of a mobile payment plan wasn’t enough, either
eryba1
January 28, 2014 – 5:24 pm
The iPhone sales (not the company’s), the lack of a new urgency or statement that the AAPL’s a bargain at $500 and the lack of Chinese sales projections and a mobile payment initiative combined to send the stock back to where it was before the China Mobile contract was about to be signed. That is where the bargain comes in. You are now able to get the stock of this company for a price that doesn’t include the Chinese upside. It’s been de-risked.
chrismossey
January 28, 2014 – 5:27 pm
@eryba1: how about the whisper number on google – is there the same delta – any inference drawn from yahoo’s results tonight?
eryba1
January 28, 2014 – 5:28 pm
@chrismossey: ill ask around. not heard about a goole whisper #. I am sure there is one out there
chrismossey
January 28, 2014 – 5:32 pm
BTW – Apple is locked down for up to 3 days to buy back their stock after earnings. They maybe able to start buying on Friday. Perhaps that will be the floor created to trade off of.
eryba1
January 28, 2014 – 5:34 pm
this from a portfolio manager friend on google: the whisper #’s are so high for GOOG that there is little they can do. the big difference – they have growth vs. Apple which just did under 6%.
eryba1
January 28, 2014 – 5:46 pm
from the same portfolio manager: they have to produce a huge beat/guide up. don’t see that happening to the extent its needed. 10 analysts have raised ests into this. but like the buy on a drop. unlike Apple.
chrismossey
January 28, 2014 – 5:47 pm
thank you. Guy wearing google glasses on cnbc now. – goog just has so much cool up going. I doubt they will get crushed by 8% for a miss of lofty expectations.
chrismossey
January 28, 2014 – 5:48 pm
Mashable editor is plugging goog very hard.
eryba1
January 28, 2014 – 5:50 pm
@chrismossey: i doubted apple would get hit 8% but it did on the beat of THEIR OWN expectations on a PE of 9-10 at the time. analysts and investors want more, they want steve jobs to SHOW them whats coming vs WAIT, they want SHOW vs cook’s TELL personality
eryba1
January 28, 2014 – 5:51 pm
@chrismossey: what the portfolio manager i asked is basically is to hedge and if we see Goof bk to old hi s 1160-1170 sell some and wait for pullback / gift decline if #’s and good and we just see a sell the news reaction
eryba1
January 28, 2014 – 5:51 pm
basically saying is to sell GOOG if it hits 1160-1170 tomorrow at some point
chrismossey
January 28, 2014 – 5:52 pm
That is what I was saying this morning. Give Benioff the same numbers and salesforce would be up. He would be on cramer and giving positive reinforcement. – This really highlights the problem of Tim Cook.
chrismossey
January 28, 2014 – 5:52 pm
@eryba1: I get will be following the advice on goog.
eryba1
January 28, 2014 – 5:53 pm
@chrismossey: kind of but valuation of CRM is SUPER HI, so more dangerous HOWEVER apple 8% decline on a PE of 9-10 stock pre earnings was hit as hard as if it were a stock with a PE of 20
eryba1
January 28, 2014 – 5:54 pm
@chrismossey: yes to play it safe and lock in some gains another day like today 2-4% rise into earnings would warrant a sell the rip tranche.
chrismossey
January 28, 2014 – 5:54 pm
@eryba1: agreed – it is the showmanship point I am making. Take Marissa Mayer from Yahoo. She kills it with her communication. We can’t have a cool company run by a boring stoic personality.
eryba1
January 28, 2014 – 5:55 pm
@chrismossey: YES!!! but bad news is now priced in may take time to base out here but new products are coming are the key and diversify so one stock cant hurt u badly.
eryba1
January 28, 2014 – 6:00 pm
Ok GN folks. C U early tom morning.
chrismossey
January 28, 2014 – 6:02 pm
GN
eryba1
January 28, 2014 – 7:49 pm
Turkey raises their interest rate and global market applaud. Us stock futures up big as a result of currency risk reduced. Let’s see what Tom looks likes at the open. Then the fed announcement and after the close google and amazon report. Busy busy day.
eryba1
January 28, 2014 – 9:31 pm
http://www.cnbc.com/id/101371559
eryba1
January 29, 2014 – 6:24 am
From a wise investor about the futures now barely up: @jimcramer: Futures now reflecting right concerns: there is nothing bullish about Turkey. Sorry…
eryba1
January 29, 2014 – 8:25 am
futures triple digit turnaround from last night + 90 on dow at one point on turkey news / link I posted above. Gold rising and gld and gdx both up .75 – 1% in pre market. AFter some time watching stocks reading, seeing events U can as I say get a gut feel. The gut feel now is the lack of buyers confidence the the swings vs firm footing and longer term buyers showing us vs flippers and weak hands short term traders., Its going to be a day filled with big news events from the FED and then google and amazon quartely reports A/H.
eryba1
January 29, 2014 – 8:27 am
I have never seen this- SO SO many tickets left for this years super bowl on stubhub- http://www.stubhub.com/super-bowl-tickets/2014-super-bowl-east-rutherford-metlife-stadium-2-2-2014-4332573/ I dont think many want to sit outside at 30 degrees at kickoff. Many will be at the game for 4-6 hrs with security check in etc and thus the weather IS a factor for ticket holders. For TV viewers with friends and family at home its irrelevant.
eryba1
January 29, 2014 – 8:42 am
no needs a play by play but futures now down 111 on the dow as gold begins to rise almost 1% higher.
eryba1
January 29, 2014 – 8:42 am
thats no one NEEDS a play by play
rzepeda
January 29, 2014 – 9:01 am
Futures getting hit. Will look to buy some AAPL if I can get it under $500. Own some at $425 already. Thinking about long term options too. Any thoughts? I believe in the future of this company and feel a little patience will be rewarded
chrismossey
January 29, 2014 – 9:09 am
@eryba1: The Super Bowl should never be in weather colder than 60 degrees and that is if it is raining. Who would want to sit in the cold other than the fans of each team.
SamsaricSufferer
January 29, 2014 – 10:29 am
Any news to move CIEN +3.7% today?
eryba1
January 29, 2014 – 11:35 am
@SamsaricSufferer: Ciena (CIEN:Nasdaq) shares are up 4% after the better-than- expected guidance on capital-expenditure from AT&T (T:NYSE) today. AT&T plans to spend in the “$21 billion range” this year on telecom equipment, compared with the $21.2 billion spent in 2013 and $19.7 billion in 2012
msamuels2000
January 29, 2014 – 11:36 am
ZNGA limping into ER oversold…could be an entry point or time to add. Expectations must not be very high. I doubled my small position this am
eryba1
January 29, 2014 – 11:36 am
@SamsaricSufferer: AT&T is a 17% customer for Ciena, and Verizon is close to a 10% customer, so this is why we pay attention to their capex levels. The news is positive for the continuation of the optical cycle, as these companies need to build out their infrastructure and expand their capacity. The trend is driven by technology shifts from 10G to 100G and toward OTN switching and converged packet optical technology. Ciena has new optical products, it has been gaining market share, and it is well positioned to benefit from these trends.
SamsaricSufferer
January 29, 2014 – 11:43 am
@eryba1: Thank you. I scoured the news and couldn’t find anything. I was looking for something explicitly labelled or involving Ciena rather than implied news. The connection makes perfect sense. Perfect example of connecting the dots. That is essentially what this whole portfolio / investing schema is based on.
SamsaricSufferer
January 29, 2014 – 11:47 am
@eryba1: Buy now based on emerging trends rather than waiting on ER showing huge YOY growth. It is history by that time.
eryba1
January 29, 2014 – 11:48 am
@SamsaricSufferer: thats why in a DOWN market its up over 4% so far today
eryba1
January 29, 2014 – 12:15 pm
lets wait for europe to close before we can POSSIBLY see if we get ANY bounce http://money.cnn.com/data/fear-and-greed/
jahmon
January 29, 2014 – 12:29 pm
FB reports tonight. Any red flags? I’m fairly well invested…
jahmon
January 29, 2014 – 12:34 pm
Took a beating on Apple, don’t want to repeat on my other two highest holdings…FB and TQNT…
eryba1
January 29, 2014 – 12:48 pm
@jahmon: if U R worried or too large a position SELL SOME. No joke this market is not on solid footing and any #’s reported recently have been sold down hard. Look at BA today YAHOO and apple who has a LOW PE. Better to play it safe U can always buy it back.
eryba1
January 29, 2014 – 1:30 pm
anyone else here concered for FB tonight? I got the dates crossed. FB tonight and gogo and amzn tomorrow night. The fed is going to release their announcement shortly. Lets see how this scared and surely bulls are more scared market reacts.
eryba1
January 29, 2014 – 1:49 pm
one managers POV on teh fed in a few minutes: My gut feel is that the market wants tapering to continue and it will not be happy if we don’t see the additional $10 billion cut back that has been talked about. If the Fed feels things are so fragile that it can’t increase tapering by such a miniscule amount, this economy must really be sick. The Fed is actually in a good position to taper now as the soft economic news will help to keep interest rates from rising too quickly. If the Fed pushes tapering off because of signs of weakness, we really must have major problems to worry about. I’m looking for tapering to continue and the market to rally on the news.
Cody
January 29, 2014 – 2:05 pm
Come meet me right now for this week’s Live Q&A Chat at http://tradingwithcody.com/chat.
eryba1
January 29, 2014 – 2:55 pm
nice action and volume in the GLD today. Lets see where we close and follow through days to confirm a new trend is in place. GDX also looking better chart wise vol could be higher but 65 min left to the trading day.
eryba1
January 29, 2014 – 3:15 pm
just one guage but this fear # not seen since early 2013. http://money.cnn.com/data/fear-and-greed/
chrismossey
January 29, 2014 – 3:20 pm
this gap will get filled at some point. Sorry for constant barrage of apple info. I just think it is the most misplaced stock in the universe and watch it a ton. Bought a bit of FB here into earnings.
chrismossey
January 29, 2014 – 3:20 pm
http://stockcharts.com/h-sc/ui?s=aapl
chrismossey
January 29, 2014 – 3:20 pm
mispriced – stock chart
eryba1
January 29, 2014 – 3:21 pm
@chrismossey: 480 level was it? that was the gap?
JSmith
January 29, 2014 – 3:23 pm
Saw below letter someone sent to Nancy Paxton (Apple PR)
JSmith
January 29, 2014 – 3:24 pm
Tim Cook NEEDS coaching. He is optimistic, but he offers the most cryptic and politician-like answers of any CEO I have ever heard. All shareholders realize some level of secrecy is necessary for a technology company, but Cook’s level is beyond the pale. Investors, analysts and the media are tired of hearing how full the pipeline is and how Tim Cook has never been happier with the innovation at Apple. After four years of product upgrades without a new category, his promise of the future is no longer respected. Cook needs to deliver a message with substantive remarks; I repeat substantive remarks. Examples of the opposite:
JSmith
January 29, 2014 – 3:24 pm
1) “The mobile payments area in general is one that we’ve been intrigued with, and that was one of the thoughts behind Touch ID. But we’re not limiting ourselves just to that. So I don’t have anything specific to announce today, but you can tell by looking at the demographics of our customers and the amount of commerce that goes through iOS devices versus the competition that it’s a big opportunity on the platform.” —— VERSUS — “ When looking at the demographics of our customers and the amount of commerce that goes through iOS devices, we have a huge opportunity in the monetization of mobile payments and we expect to deliver on that program in the next 6-12 months.” And definitely get rid of the word intrigued. It sounds like you are just thinking about it and not crea
JSmith
January 29, 2014 – 3:24 pm
2) “It’s never been stronger. I’m very confident with the work that’s going on, and I think our customers are going to love what we’re going to do.” VERSUS “In the Q2 conference call, I noted that Apple will be delivering a new-category product in 2014. Though this isn’t the forum to announce a specific date, we are thrilled that the product launch is imminent and we are excited for both our customers and shareholders on delivering an awesome new product with substantial new revenue streams.”
JSmith
January 29, 2014 – 3:24 pm
3) “What Luca is saying is that we’re working on things that are things that you see that we’re shipping today but that we’re working on things that you can’t see today.” VERSUS – Anything would have been better than this. This line was evasive and inane …. my bet is that it officially ticked off every analyst who had just upgraded Apple’s price targets.
JSmith
January 29, 2014 – 3:25 pm
4) “So we’re a big believer in buying back the stock, and that doesn’t change today, whether the stock goes up or down.We’re always buying back stock.” VERSUS “Based on the products we will be launching – both on product upgrades and brand new category launches – we see the stock price as undervalued, and yes, these current levels are great opportunity to buy back shares.”
JSmith
January 29, 2014 – 3:25 pm
The line in the sand for tech analysts is not just delivering the best product — it’s delivering the future, which is exactly what a share price is based on Last night, Tim Cook lost the analysts, the media and shareholders. It is Apple’s responsibility to right the ship. So please, COACH Mr. Cook and Mr. Oppenheimer on delivering messages that are clear and that offer details on the future. To this point, I strongly urge you to replace your pr firm with the best firm out there. The right publicist will put an Apple star on the media trail to speak about Apple’s future in a positive, genuine and concrete way (think Johnny Ive with public speaking capabilities). Moreover, true p.r. professionals will finally prepare Cook and Opp
JSmith
January 29, 2014 – 3:26 pm
What do y’all think…would it have been different if Tim spoke like the changes?
eryba1
January 29, 2014 – 3:27 pm
@JSmith: immediate answer is NO. earnings are earnings #’s are what they are. You can spin remarks on CC but people care little for what U say when the #’s speak loudly and boldly.
JSmith
January 29, 2014 – 3:29 pm
@eryba1: they care about the future and your remarks/confidence about it.
chrismossey
January 29, 2014 – 3:33 pm
@JSmith: agreed – it is a forward looking view that needs to be presented probably. Zuckerberg learned this and is doing a better job. Earnings are rearview looking – Ok earnings a great guidance and vision and the story is different a la amazon. great earnings and great guidance =serious gain. Ok or missed numbers = serious pain.
eryba1
January 29, 2014 – 3:34 pm
@JSmith: yes but as things/ products arent here yet what more can he say. I am with U on his personality is like wood, dry and dull, but aside from that show us the MONEY = product. when it comes we can see the consumers reaction and sales from it.
chrismossey
January 29, 2014 – 3:38 pm
We are all on the same page. Lets see if this holds 500. I feel like this is the 400 of a last year. If you recall – at $385 this thing bottomed and went up 30% from there. Will we get the same thing?
eryba1
January 29, 2014 – 3:39 pm
@JSmith: cook came out when apple was at 530 saying the china deal is HUGE for apple and stock saw 555, now we are seeing it cheaper than prior to china mobile deal and then some. I dont think people look at JUST words they want to see the #’s SHINE through. U cant talk up the future unless U show people what it is.
JSmith
January 29, 2014 – 3:39 pm
@eryba1: he can say we believe it will drive a huge revenue steam in the near future, we feel it is going to be something customers can’t live with out, and makes our stock look really cheap. That is why we continue to buyback shares….on the flip slide, if that future is true, saying nothing allows them to buy shares cheaper which helps the company…but kills shareholder who get cold feet and split.
chrismossey
January 29, 2014 – 3:40 pm
Interestingly – the 200 day MA is 480. Doug Kass is buying apple all from 475 to 500
eryba1
January 29, 2014 – 3:42 pm
@chrismossey: yes and hes buying the SPY here at 177.4 as well we are getting stretched to the downside, but we all know things can go lower than thought.
eryba1
January 29, 2014 – 3:43 pm
gogo not getting a 2-3% rise into earnings more like 2% decline, may be better if #’s are good and say things going well. lets see off 5-6% from his 1-2 weeks ago
JSmith
January 29, 2014 – 3:44 pm
by not given shareholders more to hang our hat on, either he wants shares cheaper…or they are not confident enough to talk it up beforehand …which might spell trouble for us all (company and shareholders) hope first is it.
eryba1
January 29, 2014 – 3:44 pm
@JSmith: they are not talkers or wall st lovers. they are sticktly by the book
eryba1
January 29, 2014 – 3:45 pm
@JSmith: wish it was diff to assuage wall st but it isnt. we can choose not to be investors and just buy uptrending stocks, market leaders and the like
eryba1
January 29, 2014 – 3:47 pm
good moves in cien gld and gdx, add in jnpr, msft
JSmith
January 29, 2014 – 3:47 pm
@eryba1: copy, guess we will know more this time next year. Either we will be singing Apple’s praises or be unhappy. Wish I had a crystal ball
chrismossey
January 29, 2014 – 3:48 pm
@eryba1: any buys today?
chrismossey
January 29, 2014 – 3:49 pm
ddd – seems to look to stabilized
JSmith
January 29, 2014 – 3:53 pm
Ruku coming out with TVs this fall
JSmith
January 29, 2014 – 3:53 pm
eryba1
January 29, 2014 – 4:00 pm
@chrismossey: no fb 52 and other bought tues
chrismossey
January 29, 2014 – 4:02 pm
Thank you – I picked up a little FFIV today. I like the strength in the security business they mentioned. The Target , neiman marcus and other breaches are driving buying here.
chrismossey
January 29, 2014 – 4:02 pm
QCOM – seems good with a bit of a beat.
chrismossey
January 29, 2014 – 4:03 pm
This is could help google.
chrismossey
January 29, 2014 – 4:05 pm
Herb Greenberg – is shocked that Qcom is up when there guidance is week. Just unbelievable.
chrismossey
January 29, 2014 – 4:09 pm
Citrix – good earnings. Tech is strong so far. Can FB make it another good report.
chrismossey
January 29, 2014 – 4:10 pm
FB – beats!
chrismossey
January 29, 2014 – 4:13 pm
goog up on the FB news.
JSmith
January 29, 2014 – 4:14 pm
@chrismossey: remember last time they went up big, then down in CC with comment about teen usage
jahmon
January 29, 2014 – 4:26 pm
Holding my breath…
eryba1
January 29, 2014 – 4:46 pm
@chrismossey: goog up 2% A/H lets see FB hold its new price vs what did happen about teen usage last time. Plus global markets overnight. Nice move in gold gld and gdx today on higher volume. Now lets see some follow thru on heavier volume as well.
chrismossey
January 29, 2014 – 4:51 pm
I traded gold a bit today. I want to move into gdxj
chrismossey
January 29, 2014 – 4:54 pm
@eryba1: fb should be good barometer for goog and twtr. As I said, the restaurant I am involved is spending more money with FB, Yelp and Opentable than ever before and it will only grow. The reach is fantastic.
eryba1
January 29, 2014 – 4:57 pm
@chrismossey: yes both starting to act better. Lets see how they develop.
eryba1
January 29, 2014 – 4:57 pm
@chrismossey: i have no doubt on that front over time. It is wall st the reaction, CC call etc and ofcourse the #’s that matter most.
chrismossey
January 29, 2014 – 4:58 pm
last idea. Perhaps we should nibble on some more lnkd.
eryba1
January 29, 2014 – 4:59 pm
@chrismossey: I love using FB and open table, trip advisor but that doesnt make it a successful stock / company. You on the other hand have a direct and real time perspective on the results and ROP= return of premium invested with these sites and apps.
eryba1
January 29, 2014 – 5:00 pm
As for LNKD I bot some at 206 it was my 1st tranche so will need lower $ to buy more otherwise I will just keep it as a small to mid sized position
eryba1
January 29, 2014 – 5:05 pm
@chrismossey: but your thinking is spot on, now lets see google and amazon as the world is going online. If anyone heard howard schultz the CEO from starbucks he is SPOT on people are STOPPING from going to malls and instead going online he called it a generational seismic shift going on. They go to a starbucks and then leave. i also hate to say it these mall shootings are G-D AWUFUL short hills, baltimore most recently will have more people stay AWAY from malls and more biz to go ONLINE. So malls seeing less traffic and amazon seeing MUCH MORE. I have not stopped using amazon less and the holidays was all amazon based for us. #’s and usage should be good. Plus cloud storage service stock symbol NOW also reported good #;s today . it beat and guides higher
eryba1
January 29, 2014 – 5:11 pm
why FB is so much better than TWTR and my article a while back on this. This now from mark: Zuck says Facebook’s apps and tools are about creating a “set of products that help you share any set of content you want with the audience you want.”
JSmith
January 29, 2014 – 5:12 pm
@eryba1: would you buy Amazon before earnings? If you had none?
msamuels2000
January 29, 2014 – 5:15 pm
FB touching $60 after hours
eryba1
January 29, 2014 – 5:25 pm
@JSmith: yes and i did buy some at 390. Its again a mid sized position for me. As I sold most before I went away and have added the 1st tranche buy at 390 but kept some shares from when I wrote the article about amazon for TWC site last year when amazon was 250-260
jpsr1975
January 29, 2014 – 5:26 pm
@eryba1: do u expect market to go lower or higher for next months?
eryba1
January 29, 2014 – 5:29 pm
@jpsr1975: thats tough, I was asked before I think we bounce to S&P 1815-1820. if we hold then we could go higher, if not we could go lower than 1770 where we have hit twice so far this week. Great Earnings from companies will help those companies stop going down and be the first ones to stop declining like a NFLX, now FB MSFT and a other leaders. This is a stock pickers market 100% and we are now oversold and stretched thin as fear is thick, it can always go lower but a bounce may come soon
jpsr1975
January 29, 2014 – 5:31 pm
@eryba1: Thank´s
eryba1
January 29, 2014 – 5:33 pm
its evident and I think we may see confirmation with #’s on rev from goog and amazon that social and online spending is just getting started as SBUX CEO said its a dramatic change thats just beginning and wont ever go back to what we knew for shopping, online sales, social etc. NFLX as well. YELP, solar, electric cars I still like TSLA I know cody doenst for many reasons
eryba1
January 29, 2014 – 5:41 pm
if this FB print holds it could be another great day tom for it and if a bounce develops it could be a VERY productive day tomorrow. FB his 60 A/H. Lets see analyst targets tomorrow.
eryba1
January 29, 2014 – 5:52 pm
lnkd up near 3% A/H social and tech doing well. tom is BIG online retail GIANT AMAZOn and search leader GOOGLE
jahmon
January 29, 2014 – 6:47 pm
FB up 12% after hours…wow…options should blow up tomorrow. Thanks Cody for giving me the courage to hold onto my options…should lessen the APPL blow considerably!
jahmon
January 29, 2014 – 6:48 pm
And AAPL
eryba1
January 29, 2014 – 8:38 pm
Goog sells Motorola to Lenovo. http://www.usatoday.com/story/tech/2014/01/29/google-selling-motorola-lenovo/5035673/
eryba1
January 29, 2014 – 9:35 pm
China pm I weak. USA futures down. Asia hit hard.
eryba1
January 29, 2014 – 9:35 pm
Lets see how we fare tomorrow.
eryba1
January 29, 2014 – 9:37 pm
That’s China pmi was weak.
eryba1
January 29, 2014 – 9:37 pm
‘Mobile shift is happening,’ Facebook execs say http://www.cnbc.com/id/101375096
jchuosu
January 29, 2014 – 10:43 pm
@eryba1: get some rest for crying out loud!
