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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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The Auto Industry Is Big on Self Promotion.

Look at this ad to purchase a Lucid electric vehicle. Going forward the consumer will have many EV brands to pick from.
Some people want the best of everything and these ones will appeal to a small slice of the market. The share price of Lucid is holding steady. Last week Tesla announced that their new truck model is now available and that they have orders for over a million of them. EV stocks were soft in the last month over the theme of range anxiety issues. Suddening the news of one million orders has cast that issue aside. G.M is another company beating it's own drum. It popped on news last week. The car maker boosted guidance and will buy back $10 billion in stock -25% of its market cap-and hike the dividend. It expects 2024 profits on electric cars. The stock jumped $4.18 to $32.36
Even Ford jumped, at least for one day. It changed it's guidance numbers.
Imagine playing the Ford ten series of Calls last week. Then there is Nio. Often times this year Nio made the top five weekly list or top ten list of most activity traded NYSE stocks. It's a company which has never make a profit but is hopefully getting closer to that target.
Shown above is a five year chart on this stock! What a tough ride for investors. But what if? What if it became the number 8th, 7th or 6th largest EV producer in China? That's what adds excitement to this stock. ( On the other hand what a dog of a stock it has being to own recently, that's why no one likes to talk about it). Some option players play options on this stock waiting for the monthly production numbers to be released as was the case today.
To be continued. Well maybe. * Here is how it is trading the very next day, December 5th. With so many moving parts there is always news about something.

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