Posts

Showing posts from April, 2024

Featured

Five Day vs One Day Charts. Do Looking A Five Day Charts Give Traders An Edge On What To Expect On The Following Day?

Here are three examples that might help answer this question. Yet we are not talking about any five day period. We are talking about a five day period with the last day in that week being a Friday. That's the day of the week when many options series expire. First a look at a five day and one day chart of Home Depot. So a perky looking chart formation which is going upwards on a Thursday (Dec 5th) keeps on going upwards on a Friday. Look at one series of it's Call option action below. Very light trading and very little interest. Get in on the upside during the morning small dip on Friday morning and get out at a profit anytime later in the day. Sticking with Home depot did it's one week out Call options share in a similiar Call option experience? Here are next weeks Calls with the same striking price. Not really as they jumped 26% on the day versus the 68% increase on the "one-day" options. ...........................................................................
Post a Comment
Read more

Roku Jumped in Anticipation Of A Good Earnings Report

Image
Only to fall again. Look at this five and thirty day chart. ................................................... Yet thats only part of the story. Look at it's year to date chart. How bad was their earnings report? Do you think their pain and suffering is all now behind them? The stock is down 38% on the year. All I know is that they still seem to be making a pile of money. On a different note and in a different industry a stock named "First Solar" was stuck in neutral a few months back because interest rates where to seemingly high and companies in that industry were cutting back on the size and number of projects they were working on. Since that time and for whatever reason the stock in on fire. Both Boeing and Caterpillar also crashed last week on earning report releases. There seemed to be a hint of danger present in both companies releases. It's almost as if there was a domino effect. Next question? Why is Netflix gettng beat up? Look at it's chart. Is ...
Post a Comment
Read more

Caterpillar - It's First Quarter Earnings Report And Traders Are Staying Away. A Read Which Might Be A Good Reference Point Going Forward.

Image
Boeing rallied yesterday on the release of it's earnings report only then to tank. Caterpillar is tanking this morning in the premarkets. Let's begin with it's 5 day and 30 day chart. ... The world needs to be rebuilt and Caterpillar is there to help. It's growing, it's got a good reputation, it's not laying off employees and it's doing just fine. If it misses a beat on it's earnings report so what? Life goes on. Then there are those pesky analyst who are known to offer a convoluted spin on things. If you like Caterpillar just buy it on the dips and put it away. So the markets will be opening on the commentary by the companies C.E.O of "sales about flat". Phrasing it that way is a recipe for short term disaster. ..... The two printouts above show some of the early morning action in one Put series and in One Call series. What happened the next day? A slight rebound with next to no traders trying to capitalize on a rebound. What does this tell ...
Post a Comment
Read more