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The gentle steady rally action continues its recent trend this morning. We’ve got a nice rally in Cisco again this morning. It was up 4% earlier. The question will be what happens the rest of the day – yesterday it faded and barely closed up on the day. Cisco’s
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Look around — the stock markets and the corporate economies they reflect are doing great (exactly what we’ve been positioning our portfolios for), but there are always crises in this world and there are always new crises coming along. The trick is to tell which crises actually matter and when
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Japan’s dumping thousands of tons of highly radioactive waste into our oceans, China raises rates and bank reserve requirements, our own Republican/Democrat Regime continues to find trillions in new forms of corporate and banker welfare as they cut trillions in social services for the elderly and poor, the
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We’re greeted with a rather listless open to start the trading week. We’ve had some wild up and down action in the four weeks since I started Trading With Cody. Just a couple days into the trading, Japan’s quake and resulting nuclear nightmare hit the markets hard,
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Obviously the big mover in our portfolio today is Riverbed. Unfortunately, its a big mover in the wrong direction. Some analyst on the street thinks that Riverbed’s competitor FFIV will miss its quarter. I would agree that its a possibility, after all FFIV missed its quarter last time. Riverbed
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My steady-build approach to slowly but surely scaling into positions over the course of a few weeks to re-build my portfolio will continue again today. Today, I’m going to be looking to short some HYG, iShares iBoxx $ High Yield Corporate Bond Fund, which means I’ll make money if
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Into the close and it’s a fading market. Then again, let’s call it a catlayst-less market as I did this morning instead. New geopolitical headlines could drive the markets up or down, perhaps, but I’m pretty sure the broader markets will be treading water until we start
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No buys today, just focusing on shorts and getting my portfolio a little more hedged. Though I’m bullish overall, I do want to get some hedges on for the short side. And come on! Did you guys see AONE down another 8% again today? If you’ve got shorts
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Foxconn is one of the biggest contract manufacturers in China and it’s running into some troubles finding profitability despite making gadgets for the Apples, Nokias and other big smartphone/tablet vendors of the world. But before you write off the app/tablet/smartphone revolution because of Foxconn’s bad
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It’s a flattish open as we remain catalyst-less until we fully enter earnings season in the next couple weeks. Here’s a list of my longs and shorts so far: Longs- 1. Apple 2. Ciena 3. Celestica 4. Cisco 5. Cypress 6. DBA 7. Corning 8. Google 9. Microsoft
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Social butterfly. Social security. Social drinking. Social smoker. Social sciences. Social distortion. Let’s talk social for a minute because it’s one of the key drivers in all things related to tech, media, and advertising. First off, let’s touch on this Wedbush report I got in my inbox
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So far today, I have bought more Nuance, Cisco and Corning calls. These positions are getting closer, at least half as large as what I’d consider a full position for my personal account. In other words, if I were expecting to expose say, $100,000 total, to Cisco, I
