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With stocks recently selling off even on “good” earnings reports, I’m less than extremely bullish about the near-term as we get through the earnings season. More to the point though, now that Wall Street and the mainstream media have decided once again that somehow a bunch of corrupt officials
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Here’s what I was reading and thinking about this morning when I wasn’t working on my upcoming series of articles called “Get GE and JP Morgan off welfare and we’ll talk about ending the Occupy Wall Street protests”. The people at Occupy Wall Street are the capitalists,
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Ridin’ into town alone by the light of the moon I’m looking for ole’ Sukie Jones, She crazy horse saloon Barkeep gimme a drink, That’s when she caught my eye She turned to give me a wink that’d make a grown man cry I’m back in
Here’s the transcript of today’s chat. If you want an icon to show up here in the chat when we meet, you can upload a photo to gravatar.com and it will show up here next time you visit. Q: Any thoughts on Blue Coat Systems, Inc. (BCSI)
Q: After a huge run from the last few days, do you think we are heading to another correction after a few earning calls? A: Let’s talk near-term market outlook here. Feet to fire, I’d look for the markets to continue to mostly head higher, sometimes with a
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As noted earlier, I trimmed a few of my biggest positions and nibbled on some Goldman calls, and that was it for the trading day. We’ll publish the quite illuminating chat transcript in two pieces later tonight so stay tuned for that. There will be a dearth of trading
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A few little tweaks to the portfolio this morning. (And don’t forget to meet me at http://tradingwithcody.com/chat at 2pm EST today for our weekly anything-goes Q&A). I’m doing mostly some trimming here, cutting back a little bit of our increasingly outsized long exposure,
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You raise up your head, And you ask, “Is this where it is ?” And somebody points to you and says “It’s his” And you says, “What’s mine ?” And somebody else says, “Where what is ?” And you say, “Oh my God Am I here all alone ?” But something is
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How many Greece crisis/EU crisis/Euro crisis/Next-Lehman-Moments can we possibly have before it’s all priced in and then some? More to the point, how many times can the media and the markets possibly freak themselves out over the same slow-motion crisis? And most importantly to us investors,
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Here’s what I was thinking and reading about when I wasn’t buying my tickets to this weekend’s hottest event — Occupy Wall Street! Oh, it’s free you say? ‘Occupy Wall Street’ Growing More Organized – First off, I want to let you guys know that I’m heading
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Do you remember how scared you were back last Monday or Tuesday when the markets were crashing and Europe was supposed to be hit by an asteroid or something? What was it again? Rome was raising taxes on Egyptian coffee? A butterfly in Botswana flew the wrong direction? Anyway, if
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Earlier this morning, I asked if you guys remember what I was writing back when the markets were panicking and we were buying and preaching to look past whatever they wanted you to panic over at the time? Things like this: Traders on TV are idiots – “I’d be a