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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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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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