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Walmart - Tight "Bids and Asks" Is An Admirable Feature

It's chart looks horrible... It's Wednesday morning at 10:30 a.m. which is one of the very best days of the week to be looking at options on stocks which will be expiring on Friday afternoon. I have said that often before. I also like it when the option makers for Walmart stand true to game with tight bids and asks. What this means is that if they see extreme price swings starting to happen they don't freak out and allow large gaps between the bids and ask and questionable fills. You might not understand what I am talking about. It's a nice stock to trade options on and getting "in-and-out" of option positions on it tend to happen seamlessly. Look at the open interest in this series of options. It's next to nothing. On Monday there was this news. Costco is feeling the same pain. Is there to much negative energy and confusion in this space? Time will tell. To be continued.
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Pension Funds and EV Stocks - A Need To Be Part Of The Action

Pension funds invest in EV stocks. Currently Lucid is 81% owned by institutions and 4% insiders. Rivian is 63% owned by institutions and 12% insiders. It's not the average guy on the street who own these two stocks. What do institutional investors know about stocks in this sector that we don't? Tesla is 44% owned by institutions and 13% by insiders. Workhorse is 33% owned by institutions and 4% insiders. In contrast Polestar is only 4% owned by institutions and 47% by insiders. Lucid and Rivian are both up and running with production output. For this reason they both seem to be gaurishing an inordinate amount of attention. Please now read this. After you finish reading this I will tell you what I think.
It seems to me that institutions are out in the garden patch whimically putting EV stocks into their basket. What a dangerous voyage of discovery. Yet what floats the boat is Tesla which has had a wonderful run. The scary part is that this stock has a P/E ratio of 71:80-1. The boat will continue to float as long as consumers continue go electric. It looks like things are headed in that direction. England for example has the goal to ban the sale of all new petrol and diesel vehicles by 2030. Now for a reality check. Look at how these six EV stocks traded this week. What a scrubbing!
The charging station evolution is just as crazy with pension fund money also following the action. This weeks downward action across the board was abnormal.* A look at this situation one year later. What a mess. Investing in companies before they start to have earnings has proven to be a huge mistake.

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