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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 ...

Can You take Flyers On Stocks You Know Nothing About Based On Something You First Learned Of At The End Of Last Week?

Here are two stock to watch. 1)
Jazx. What an explosion in it's stock price. When a stock jumps like that it is bound to attract a lot of short term interest. News about the treatment of prostate cancer in early trails. It had little volume on Friday March 1st and here is how it's one day chart looked that day.
2) Viking Terapeutics with mid-phase trails on a weight loss drug
Now for some March 5th news. Both stocks took a trick out of the same paybook. They used the spike in the stock's prices to issue new shares at it's higher prices.
Now Viking.
What's going to happen next is anyone's guess. The markets as of late can suprise. On a more sobering note look at this other well known drug stock. It's a three year chart.
What a difference. Many people hate trading drug stocks. It's a game of trying to follow what is hot. That's not a fun game to be playing.

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