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Showing posts from July, 2024

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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart. Today is now Thursday and there was a big crash in the markets yesterday. For example, Tesla had an insane selloff. Here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned are not a good time to be purchasing one day options on stocks that expire the next day. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch other stocks that got knocked yesterday that might now rebound back up again together. Look at the chart below of Walmart and see how it was off a couple of dollars yesterday. Could you buy in now and get out later in the day? Fantasy thinking, one might say. Could it sneak up even one dollar? Now this. The stock mid morning is now merely trading sideways. Now look at this, the 93 series of Calls. (On Monday we were looking at the 94 series of Calls). At 10:22 a.m. the stock is up six cents...
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Solar Stocks and First Solar "FSLR"

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Read my Oct 27th 2023 blog partially entitled "Why Solar Stocks Are Falling". Now the "year-to-date" chart of First Solar. What a drop in one month! This stock kind of fell in sympathy with the recent decline in prices of the "Magnificent Seven". Yet it is said AI could help the solar industry. Then there is the issue of NEM 3.0. If your going to play solar stocks you should know what this is. Without going into to many details and without showing the grey bars they are talking about the laws have changed about how much money you get for selling power back the grid. The government in California has cut back on the payouts associated with selling electricity to the grid in the hopes that homeowners will spend more money on in-home energy storage units. Google NEM 3.0 and then youtube videos which will explain the details of these new regulations. Yet California makes up only part of their markets. It's an industry in constant change and this stock b...
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Ford - It's Shareholders Are Not Happy

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Warranty work costs on older vehicles costs money. We are not talking older-older vehicles but ones that are like two and three years old. Some warranties extend that far out. That's one of the reasons the stock is said to have declined in price. Now look at how the stock traded last week after their second quarter earnings report came out. Here is what Al Root says about things. Then there are a host of lawyers now trying to stir up the pot saying that Ford shareholders are getting short changed. They really don't have much of a case. What luck have lawyers had trying to stir up the pot for shareholders of the electric car company called Faraday Future? Not much. If you have the guts to play stocks or options on automobile companies you have to learn how to take the pain. Tomorrow is going to be another new day and Fords next challenge is to get rid of a whole bunch of excess new inventory. More discounts will have to be offered. The bottom line is that investors got ex...
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How Was Your Week Trading The Market?

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With all the ups and downs it's hard to figure out what is going on. Look at these three stocks and the options on two of them. 1) Chargepoint. One series of calls on Chargepoint went up 58% yesterday in one day. It was a strong day for the markets. 2) Blink Here are it's recent numbers and the company is big on self promotion. The third stock I want to comment on is one called Wallbox. First a five day chart and then later a 'year-to-date chart'. I am not crazy about this stock because of the trading range it seems to be stuck in. It will only take off if it survives and starts to make money. Do your own research on this one. WallBox also scares me because of it's Barcelona" address. If it ends up merging with someone else you will be lucky to get your money back. My ongoing interest all three of these stocks is that the "range anxiety issue" that consumers seem to have for electric vehicles is slowly starting to go away. Even Trumph is now think...
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This One Is Too Nervous To Watch. Pfizer

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This is a medium sized blog full of twists. Try to get through it. First a five day chart of Pfizer. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio...
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