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"Tony The Tiger" - A Food Stock

The mood of Wall Street is now changing as the reality of tariffs is starting to kick in. Two weeks ago not so much so. Kelloggs had "so-so" earnings come out a few weeks ago and the stock exploded upwards. Note the very last line above mentions the effects of tariffs are not taken into consideration. So many stocks with "so-so" earning reports have jumped in price based on the "lets make America great again" slogan. Deere stock is shooting to the moon as I keep writing about in spite of declining sales in the last quarter. The sentiment seems to be that they are immune to tariffs. On paper they might be. Read this. Americans are struggling to buy gas, eggs and insurance. Total housing starts in the U.S.in 2024 were down 3.9%. Walmart, the recent darling stock in the last four weeks for Call option players woke up this morning with an earnings report which was healthy but with came with some caveats. Here is what happened. Perhaps the U.S. is starting ...
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"500 Point Friday Rallies"

Strange times for sure, a one time Friday afternoon rally. All was relatively calm at noontime followed by an upward surge. Look at these two series of "out-of-the-money" "Call" options on two different stocks I often blog about.
Who at noon last Friday would want to jump into "out-of-the money" positions on option series with only four hours to go? Only people watching mulitple screens who were witnessing almost everything going up. Look at the highs and lows of these interday moves. What a smooth and somewhat unrelenting market rise. Moves of this magnitude only happen a few times each year.

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