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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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Capitalizing On Monday Morning Exuberance - Roku

I have spoken about Roku in past blogs( April 29th, March 27th, Feb. 17th). I like playing sideways moving stocks. Here is an entry point I made at 1:52 p.m. last Friday. I purchased two Roku May 24th 58 series of Calls at $129.00 each. The stock was going sideways all week and then dipped a touch on Friday. Would new life come into the stock?
Monday morning saw excess exuberance so I got out of my Roku position without waiting to make more.
Here is what the chart looked like.
I like selling into strenght like this. At 10:05 a.m. I got out at $2.97. Remember I got in at $1.29? Here is it's one day chart.
Not a bad time to sell out with Roku at 10:10 a.m.being the high of the day. I did try to play it down after I sold out however I was off a few cents in my entry point of my Puts purchase and then I didn't want to chase it. At the same time another stock was peaking and attracting my attentions. Carmax. It's not a stock I follow but I just happened to see it spiking. Other companies in the same space where also up. Would it be a short term bubble? Look at it's early morning chart. Here is what I did and how I made out.
I got "in-and-out" of two little Puts in just under an hour. Here is how the stock traded on the day.
There wasn't much there to be made.
In the past most of my experiece with Monday morning exuberance is in Boeing. With the markets as of late being so strong, multiple opportunties now exist.

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