Stocks

Indeed, I'm thinking it's a pretty darn good risk/reward to be on the long side of some call options in the Cisco kid as earnings hit tonight. Sentiment towards the name is awful, as everybody's spent the last three months selling or shorting this stock after Chambers told everyone that US enterprise tech demand had slowed. The stock had been up huge heading into that call. It's down huge ... read more

Where I can hide my lonely face? I know you're going to break my heart if I let you. Why does love got to be so sad? Why does love got to be so sad? -- Derek & The Dominos So Cisco's report and Chambers' commentary weren't exactly rip-roaring. Rather Chambo guided lower and talked about cautious customers. But in the end, it seems the market had already more than priced in those poor ... read more

I'm getting increasingly bullish about the near term. I'd be a buyer of weakness. I mentioned on the show I'll be having my mom on again and we'll be putting more of the money we took out in late 2007 back into the market...into tech. So many headlines this week about stagflation. Look at this Google trend for searches for "stagflation", for example too. And the headline on TheStreet.com ... read more

I sit here looking at Google at $450 and I'm licking my chops picturing buying some common and calls in this thing right now. I feel the desire for that sense of rush that comes from putting on a trade like I picture right now. I'd probably be pretty aggressive at these levels. All that said, as I keep thinking to myself since I started this new TV job and stopped running money -- It's easier ... read more

On the comments area of my Bullish on Google post, I got a question from loyal reader, SD: For perspective, on a trade like this which particular calls would you likely buy and what percentage of your capital would you risk on the trade? Thank you. It's funny....I used to not answer that question, when I was running money and writing my blog on TheStreet.com. Options aren't nearly as liquid as ... read more

I made the joke the other day with some of my colleagues that I'd become emotionally bankrupt. I was exaggerating, but man, I'd hit an emotional low a few weeks ago. I'd also made the joke that I wished I could buy calls on my emotional state, because it was certainly at a sentimental low. Nothing like catching your breath again, and were I now long those options, I'd probably peel a few of ... read more

As much bulling as I've been doing on Google down here below $500 again, I was actually worried that Barron's would call it a value stock or something this weekend. And, see, as Barron's has been dead wrong on Google since it first came public and they were quoting dudes saying Google was fair valued at $25 a share. As I've pointed out before, that'd be like buying it at ... read more

On Happy Hour last Friday, Gogo and I were discussing lately how we're getting to the "fall guy" part of this downturned economic cycle giving the world someone to blame. NYTimes' report today that New York Governor Elliot Spitzer has some sort of involvement with a prostitution ring doesn't seem to have much to do with the markets ... read more

We ain't heard or seen the last of Carlyle-type blow ups. 32x leverage these idiots were using....why? Because the mortgage market is so safe in the US! LOL Idiots. Heck, we ain't even heard the last of repercussions of Carlyle's blow up itself. Look at that post below called Colluding Central Bankers Screw Joe Sixpack, and think it through. A bunch of institutions and family offices ... read more

Heard of bebo? It's huge in England and in some of its former colonies. One former British colony where it's not huge is in that little economy/society called the US. Here, MySpace.com rules. Remember when the folks I now work for stepped up and bought MySpace.com for about half a billion dollars. At the time everybody called it another bubble. That was before News Corp was guaranteed a ... read more