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The DJIA Index Down over 900 Points With An Hour Left In the Trading Session.

If it wss down 600 points at this time in the trading session and not down over 900 points you might expect to see a slight rebound in the final half hour of today's trading. That doesn't seem to be the case. The over 900 point drop in the indexes adds an element of scare. Now Caterpillar which is down over $19.00 on the day. Would this be a good time to catch it for a rebound? Is has being a particularly strong stock as of late. Might it be one of the first stocks to rebound after today's train wreck of a day? Look at the 625 Calls that expire at the end of the week. Only five contracts have traded on the day. Traders are not rushing to buy back into it looking for a strong close. Yet they are more interested in the Call options on it about ten dollars "out-of-the-money". They cost less but will be slightly less sensitive to only a one or two dollar rebound. They need more of a bounce in the stock's price. Here they are. Now here is Caterpillars one day ch...
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The Regulation Of Forward Looking Statements

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Did you read the fine print of my Sept. 27th blog about Zen Graphene Solutions? A newish company making claims to be able to crank up production to fill the demands of a new ingredent used in the production of Covid masks. Click around the internet and find out the number of employees they have. Not many. Their new partner is not a listed company. Why are they talking about an estimated capacity to coat the equivant of 800 million masks per month? That many, really? In a similiar sort of way, in my Sept. 16th blog I talked about Limestone Boats and their claims to be able to crank out 550 boats next year. A picture in that blog shows their first two boats being shipped out for motors and sea testing. Without a track record of making boats this year how can they justify such a number? Then there is Odd Burger. I talked about this stock on September 6th with plans to open 20 restaurants next year. How did they pick the number twenty? Why not ten? How do you plan for twenty when you curre...
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The Future of Ford. Short Term It Is Not Good

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There is news! The stock is jumping. Look at todays volume of trading as of 2:00 p.m. The average daily volume is around 59 million shares. What a vote of confidence! Anyone holding Ford Call options has been rewarded. Is it clear sailing going forward? It should be for the next few months as Ford revels in this glory. But wait, is this all talk and no action. How long will it take to build these new facitities and what will the E.V. marketplace look like three or four years do the road? This good news report may turn sour quickly as Ford is losing money on on each electric vehicle they sell. That's the problem built into this situation. In the short and mid term, things do not look good. Stay away or buy Puts.
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