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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart. Today is now Thursday and there was a big crash in the markets yesterday. For example, Tesla had an insane selloff. Here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned are not a good time to be purchasing one day options on stocks that expire the next day. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch other stocks that got knocked yesterday that might now rebound back up again together. Look at the chart below of Walmart and see how it was off a couple of dollars yesterday. Could you buy in now and get out later in the day? Fantasy thinking, one might say. Could it sneak up even one dollar? Now this. The stock mid morning is now merely trading sideways. Now look at this, the 93 series of Calls. (On Monday we were looking at the 94 series of Calls). At 10:22 a.m. the stock is up six cents...
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Auto Talks - Ford

Strong profits and strong vehicle demand. Investors in Ford have opted to discount the cost of future labor demands. Management might have a different slant. Take a hit on plants closing and let the demand for new vehicles heat up (or help reduce the need for dealers to offer incentives). Interesting times. Tesla seems be running with more efficiences.**Barron's coverpage on Sept 18th reads.The EV Wars, As General Motors and Ford confront a UAW strike, they're falling behind rival Tesla in the battle over electric vehicles. Can they catch up? Their article notes that in July, Ford increased it's EV division's full-year projected loss to 4.5 billion from 3 billion, while pushing back a goal of producing roughly 50,000 EVs a month from the end of 2023 to some point in 2024. In the U.S., Ford sold some 32,000 EVs in the first seven months of the year, up 3.5% compared with 2022. (Tesla sells more than 58,000 cars a month in the U.S. and produces 150,000 EVs every month around the globe).( Evs now account for about 7% of new vehicle sales in the U.S. and 22% in California ).

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