Google, Amazon, Sony, AMD, solar. Be paranoid, but not scared

CodyWillard

Here is the transcript to this week's Trading With Cody Q&A Conference Call. Cody: Welcome to the first ever old-fashioned telephone conference call for Trading With Cody. Let's start with today’s news: Everyone is looking at the healthcare bill. Will it be passed or not? What will the market’s reaction be to it after it is or is not passed? Feet to fire, I don’t think it will get passed today in its current iteration and I think the market will be flattish to up afterwards. I think everyone is expecting the markets to sell off if it doesn’t pass. Everyone expected the markets to crash after Trump got elected or never come back after Brexit. Over the course of the years, we’ve all seen especially in short term swings, short term day to day movements in the markets, sometimes look like there is a catalyst or reason behind them, but as I always tell people, it is really hard to read too much into 10s of 1000s of stocks and how they are trading intra-day with billions people with tens of billions of reasons for buying or selling them. Clearly, I wouldn’t try to game the vote one way or the other. Now let’s just jump into questions: