All
One of my mentors used to tell me, “Respect the streak.” And by that, he meant that whenever your stocks are moving with you and your portfolio is humming and it seems like most days you come in and the stocks go the right direction no matter what you do
All
It’s true that people actually trade off these types of headlines. But we don’t have to, and therein lies much of our advantage — we can and do ignore the noise: Bernanke lowers growth forecast Fed lifts 2011 inflation view Fed hikes forecast for inflation and cuts economic-growth view,
All
Steady betty market this morning, and other than Corning putting on another rally there’s little movement in our portfolio this morning. Amazon is up 4% after what could have been considered a “worse than expected’ report, and that “tells” us once again something about what to expect in the
All
Another huge day for the portfolio, with lots of stocks up decently and our Corning and Cisco positions are adding some oomph to the P&L (profit and loss of the portfolio’s daily action) today. I’m looking to continue nibbling on a lot of the positions, using
All
“In fact, we don’t think it is sustainable. And, if we see the S&P 500 move through the next level of resistance with some volume, we will add to our beta positions.” I swear I just heard a real money manager just say that on CNBC. I
All
Here’s my longs, in order of notional weighting: Corning Nuance Cisco Riverbed Celestica Cypress Microsoft Ciena Nokia Google DBA Apple Adtran Shorts: LPS Cablevision XLF Live Nation
All
I’m going to start buying some Visteon Corp as my next purchase. Here’s why: It’s a brand new long, in an entirely new sector to help diversify us away from technology a little bit. The auto sector, including all its vendors and suppliers, restructured both operationally and
All
There’s little action in our stocks today and that’s probably a rather bullish way for these stocks to trade, at least for the very near-term. After putting on 5-10% moves from their recent lows, most of our stocks are now consolidating at these levels. Technicians/technical traders will
All
Here’s some new news on LPS: The noose is tightening around Lender Processing Services. Last week, various news outlets revealed that Federal banking regulators had issued consent orders against major servicers, MERS, and LPS. Kate Berry of American Banker pointed out that LPS is exposed to making payments to
All
Stocks are looking to open flat, and we might actually have a first day in a very long time without a huge move in any our stocks. But that’s because it’s Monday and there aren’t any major earnings reports until this evening and then our earnings catalyst
All
Huge day for theTradingWithCody portfolio with lots of big moves to the upside in our longs. We need to stay disciplined with our sells now that we’ve got some nice gains on several positions as much as we have been with our buys. Typed this post from my iPhone
All
Celestica also reported some very strong fundamental numbers this morning. This stock is one of the cheapest stocks I can find — even after today’s pop, it’s cheaper because the fundamentals are going up even faster than the stock price. Here’s the scoop on the numbers today, from
