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McDonald's. It's Difficult To Fight Strong Stocks.

Here is McDonalds five day chart at the close on Wednesday. Now here is it's three month chart. Now consider this. In two days the stock is up about twelve dollars. I often talk about Wednesdays being the one day in the week the markets can do reverals. Today the DJIA was up over four hundred points and McDonalds was down 60 cents. It dipped on the opening and came back a bit and then selling pressure came into the stock again on the closing. I personally hate McDonald's food. The internet has tens of Youtube videos saying their fries are poisonous. Yet I get it. But think about this. Whenever a new residential subdivision goes in anywhere in North America there is room for another one of their restaurants to go in. They just pop up and everyone knows what they are. Here now is a snippet I posted in a past McDonald's blog. After a lackluster trading session today McDonald's could drop in the next two days or at least on a Thursday afternoon sell off. Yet nothing m...
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A Plan to Get a Free Cruise in 2024

Carnival got stuck in the mud today after an earnings report was released showing a slight loss. See the chart below. Why isn't credit being given to this company for all of its diligent work? Afterall, 95% of their fleet is back out sailing the oceans once again at a 85% occupancy rate. Can you believe these numbers are this high? Think of where things were at one year ago. Who would ever dream such a turnaround could happen so quickly? Carnival now just has to tweak their numbers. (Yes they had to take on some additional debt to keep things floating but the worst seems to be over now). So my question now is where do you want to sail to in 2024? Start planning?
Start buying a couple of long term Carnival Call options now.Your profits from such a trade could pay for your trip. Note I am not a financial adviser and these claims may be without without proper logic on my part. Call me a dream weaver.
This was a tough week on the stock. Now a longer term look at the stock.
I think in a years time there is a good chance we might see a rebound.
Options like these ones above which expire in early 2024 might now be something to consider. What a wonderful trading vehicle.That's the way I see it anyways. * An Oct.26th update.

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