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Prayers and hopes go out to everybody affected by the tragedy in Japan. Obviously this is a human story. As we all have a commitment and duty to address each of our daily routines and jobs, mine is to try to navigate the markets again today. Stepping back then, its
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Most of the stock markets closed near their lows of the day by the time the contra hour was over, but I’ll tell you I thought they’d fade even harder than that after the panicky action once the news that Saudi Arabia was shooting on protesters in the
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I’ve added to my Cisco January 13 $20 strike price calls and will continue to look to add to existing positions into the close depending on how much we might sell off in the contra (final) hour. As the markets’ sell offs accelerate here as word of Saudi Arabia’
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I just bought some Celestica and some slightly-in-money Celestica calls dated a few months out. Careful with the call options in this name, which even though the premiums aren’t bad, there’s just not a lot of liquidity or offers out there for these. Use the common stock if
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I got some of my early morning purchasing done here when the market was at its (so far) worst of the day. I outlined the following playbook for my Revolution Investing newsletter subscribers back on February 8: “Here’s what my experience and analysis says on how the near-term market
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Whoa nellie, it’s ugly out there this morning, eh? I’ve been being very patient and steady and while I will continue to steady-pace, I am likely to double how much capital today than I have most of the other days this week. That is, I’m likely to
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Thar’ she blows! And another day is in the books once again. It’s a bit painful paying 1x or even worse, 2x, more than these stocks were at when I first added them to the Revolution Investing portfolio, but that is yet another reason why I’m starting off
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I’m shorting my first stock in three and a half years, right now, as I hit the shortsell button on Lender Processing Services (LPS) in the thinkorswim.com account I’m managing my personal account from. With a stock price up 15% year-to-date, an LPS short offers the most
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Well, I was up at 5am here in NM time, talking about cattle trading, inflation, the fallacy of a difference between the Republican and Democrat policies despite each of their respective claims of being otherwise, and…the opportunity in buying long-dated, Cisco calls. The stock is trading at about 7x
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I was hoping for a bigger hit in Ciena this morning so I could buy more and lower my cost basis by 7% or more, had the stock been down double digits, as I would have bought twice as much today as I bought yesterday, which would have brought my
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Another day, another dollar. I added four more net long positions in today’s action, just continuing my slow and steady building of the portfolio. There will be more fireworks, trading action and excitement in my trades, my sheets and in these posts after we’ve gotten things built up
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Buying common and sometimes call options on AAPL from $7 to $160 and GOOG from $95 to nearly $600 were some of the trades/investments that helped shape my career. I do expect I’ll get an opportunity to be more aggressive in each of these two stocks in coming
