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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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Caterpillar Gets Smashed on a Monday Morning

It happened. Down $12.00 on the morning.
Can you see how at around the 11:30 a.m. time period it seemed to find support to only then slide down some more. Wouldn't you think option traders would be jumping back in to catch a rebound? Apparently not. Look at this.
An open interest number of seven contracts from the previous trading session when it was "in-thr-money" and 87 contracts traded on the dy.. Perhaps if we look at a five day chart and a thirty day chart we will be able to detect why there is so much hesitancy to get back in to catch the upside.
But wait. Read all this stuff.
So Deere is also mentioned as a company which might benefit from this current economic environment. Looka at it's one day and 5 and 30 day chart.
Until the bulls start to run nobody wants to be in the game. Now a 2:56 p.m. update.
Now a readout ten minutes later.
Now the closing.
It will be interesting to look at the open interest numbers tomorrow to see how many traders stuck with the paper gains that were made today. It's not very often you see Caterpillar drop that much in one day. ** The open interest number the next day.
It's 75 compared to 7. What does that tell us? More than than half of the contracts sold bought yesterday were sold out before the end of the day. Traders where playing the afternoon rebound in the stock as opposed what might happen in the following four days.

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