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The Sliding Door Syndrome - Hertz

 Open the door and guess what might happen? Who knows which way the winds will be blowing. The used auto car market got dumped on last week in the U.S, especially on tariffs new.  Trump said he might raise the tariffs on cars to more than 25%. It's a fickled  market. Here are a few of the sell offs. 1) Carvana Company. It sold off over $21.00 dollars on the day last Friday. They have a reputation for having share manipulations with a long history of  insider "buying-and selling-activities". They have a short interest of 5.3% . It didn't help much that the DJIA was down over 700 points on Friday. 2} Carmax also sold off on the week. They have an earnings report coming out and that could cause the stock to drop but maybe not. It could actually rally. Here is it's one week chart and a conference call dial in number. Listen to it if you like. I might be. Now here is a look at the 65 series of Calls on this stock that expire this coming Friday.  On Friday morning at ...
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Ford, Deere, Home Depot and Lowe's

Will Ford jump again this week? Here is how the stock Ford looks in the premarkets Sunday night followed by how Ford traded on Friday January 7th.
Will it jump up again this week? Here is it's five day chart and here is a look at the Ford 24.5 Calls which expire this coming Friday.
My answer is yes I think it will move up again this week however I am not a fan of purchasing Call options on Mondays on options which expire at the end of the week. So no, I wouldn't be trying to buy in on Monday's opening. I might be wrong but that's the way I think. What will I be watching this week? Deere on the downside. Look what it did last week.
Lowe's and Home Depot had bad days last week just as analyst were in the process of upgraded both of these stocks.
Look at how low the volumes were in these two Put series last Friday. Trying to play them now either way is a bit of a trap. Earning reports will be coming out and retail stocks are now difficult to play. ** Scroll up to the top left and press the three line icon to read my previous blog on electric cars.

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