I have been on this one early and it has been a good ride so far. Back in February 2006, I detailed my reasons why I owned the stock and it has now nearly doubled. I don’t think the ride is over. All my posts on Nuance (NUAN) are here . I am not an …
Tagged: Trend Following
Black Tuesday
It’s official. It’s Black and it’s Tuesday. I was in meetings today and missed the main action. I have now been out of the office on all the big Black days. I was wearing a black golf shirt though. My trend following friends at Blackstar just sent me this nugget: Today was the 3rd largest …
China clamping down on Speculation? The real news is the US Dollar reaction
It is now the largest decline in a decade. Big Woop. It’s a fart. The index was up way over 120 percent last year. No doubt, trend followers like myself are hurt on days like today. That’s why I have a dog :) . As I wrote this morninbg, it’s the move in Gold and …
Profit from Spanktravision and Strip Clubs…Finally
What can I say…It is on my mind the last 24 hours after watching David Spade alone in his hotel room in Tommy Boy. Porn as an investment is GOLD. The Nasdaq has two illicit investment plays that I am going to be adding to my portfolio – Lodgenet (LNET) and Ricks’s Cabaret (RICK). While …
Homebuilders – The NEW Value Trap
Five years from now when the homebuilding stocks are 20-30 percent lower and marking time, small investors will all own shares in what the institutions have distributed to them since mid 2006. The companies are not crap and they won’t be in 5 years, but the stocks will be value traps. Victims of a badly …
Subprime Lenders – Trends End
Let’s take a look at Subprime lender Novastar Financial (NFI). I guess if you are short, the trend has been great. I don’t short so take a look at the stock from the long side. Here is the historical chart . Buy and forget is not strategy. From 2001 to 2004, the stock rose 30 …
Tech IPO's back in Vogue
In my December theme predictions for 2007, I was bullish on IPO’s . I got bullish on this blog back in early 2006 because there is so much money floating around so many tech companies built on better business models in the dark days of the Nadaq. The fruits of labor for the saavy tech …
The "Trend is Your Friend" but Trends END.
This bull market is ripping away day after day and is making people like me look smart. It’s not supposed to be easy. it is not easy. I am not smarter because some of my stocks have tripled and quadrupled. I am standing aside and letting things happen, but the bull is making things happen. …
Dude…Stocks are on Fire – Part TROIS
So stocks were poleaxed today and they were due for a comeuppance. The market is due for a big rest and it feels good to be off margin for sure on days like today. That said, today let’s look at the continuing explosion of New Highs and categories that continue to work. Aerospace and Defense …
DUDE….Stocks are on Fire…Part DEUX
I forgot to mention a few of my fave longs that I own and have been following here… Chipotles – CMG – Don’t know how I could leave out my fave company/restaurant/stock after Apple and RIMM (Sold RIMM). Can’t see ever selling these shares. Have traded a few shares though around the position. Great Wallstrip …