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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. 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

Polestar and Ford

Polestar is tough to play because a ten or twelve dollar stock takes good news to make it go up. With no news the stock just goes sideways. Rememmber last week how Ford was on a terror and in my last blog I said I don't like buying Call options on a Monday that expire at the end of the week. Ford dropped fifty-nine cents yesterday creating an opportunity to get in today and hope that it rebounds.
I don't generally like to pinpoint trading trading opportunities however the good news story on Ford is still the same today as it was last week.

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