Tagged: Trend Following

Trends End…FAST! Check out CROX, WCG and SWHC

It’s not all rosy for all-time highs these days. Tonight, CROX was bludgeoned after closing at an all-time high and ‘missing?’ numbers. I long sold this trendy biiitch. Still love the products. Until tonight my sells looked stupid, now just less so. The lesson is that trends end. Expectations get too high, stocks get too …

Smith and Wesson (SWHC) Shot Dead?

Stocks fall faster than they rise. I ‘got lucky’ with this one, booking profits in the low 20’s . I have looked but not reentered, especially after we Wallstripped it again on our anniversary show. If you held on, today you will likely be stopped out. It is a brutal part of the investment business. …

Noise and Crowds…So Costly

Andy’s great post got me thinking again on this subject . In everyday life, noises and crowds leave you with a headache, bruises and anxiety problems. In the stock market, they force you to miss a trend completely or sell early. I was looking at two stocks, one I don’t own today Crocs (CROX) and …

Stock Newbies…Please be careful

Investing is not easy. Life has been good on this blog and I for one am confident that I am not that smart. Other than the barfing of financial stocks and homebuilding stocks this year, the market has been easy. That makes us look smart. Shit, even Goldman Sachs just rallied back 30 percent to …

Private Equity…BURP…What Next?

Andrew Sorkin (make that Andrew ROSS Sorkin) has the take at Dealbook. Basicaly, the Private Equity guys became trend followers, and not contrarians. When you have that much money at your disposal, you should never pay ‘UP’, you should be modelling and researching broken companies and industries, waiting and thinking. Those of us with little …