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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart for a morning move. Today is now Thursday and there was a big sell off in the markets yesterday. Tesla sold off for example and here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned in recent blogs are not a good time to be purchasing one day options on stocks that expire the next day. Times change. In less chaotic times that's not always case. In the last few years there would be known upcoming Friday morning events like the release farm payroll numbers or other economic readings that would move the needle on the markets going up or down on on a Friday morning. In those markets it paid to get into option positions before the closing on a Thursday to get out on the Friday morning bounces were caused by the release of these premarket reports. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch o...

Three Years of Falling Prices and One Month of Rebounding. LightningEMotors and Lion Electric

One hundred and twenty eight vehicles built in the fourth quarter.
Now it's thirty day chart.
This story also has a Canadian connection.
You decide if you like it. Now Lion Electric. I spoke in the past about a new issue of stock to help raise more money which pulled it's stock price down. Here again is that news.
Now for some good news.
Oh yes, here is the three year chart. You decide. Are good times ahead for both of these companies?
A March 18th 2023 update.

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