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What The Heck Just Happened Last Week? Everything Went Up.

We are living in a world soon to be affected by tariffs. We have not yet felt the pain of what that will mean. So why is are the markets going up? It doesn't make sense. Earning reports coming out are not that great. Boeing and Deere and Caterpillar are all struggling but their share prices continue to rise. Remember I talked about playing Walmart Call options on Fridays if Fridays turn out to be strong days? Walmart Call and Put options are something newbie option players can fiddle with. If you catch them right they can be explosive, especially their one day Call option on Fridays if the DJIA has a suprise rally. As of late it happens more often than you might think. It just happened this past Friday. I kind of get tired about talking about them. I also know how dangerous such a trade can be. Look at the action in the 96 series of calls. Shown below is Friday's one day action with the DJIA also jumping up as shown below. Walmart opened cautiously on the opening. In fact it...
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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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