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CarMax Puts?

 Here is the number. Call in to listen to their just released quarterly report. You won't have to talk to anyone. It is 800-839-1247. In about five days this link will disappear. Please listen to it. I listened to all of it once and to the first half of it two times. What I learned is that their retail car sales on the quarter compared to the same quarter a year were up 6%. They purchased 336.000 vehicles from the public, up 7% and 48.000 from dealers up 38%. Their average retail sale price was $26,100, down $400.00 per vehicle from last year. They doubled their share buy back program. AI technologies are now helping them operate more efficiently. Everything seems positive. But wait, we are talking about  the used car business and what could happen if consumer confidence suddenly starts to wain? Look at it's three year chart. It now sees to be hitting a rough patch.  Now a one month chart.  All of this talk about tariffs and what level of tariffs will be imposed on n...
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News About Moderna

There is always news on Moderna. Look at these two charts both showing how it jumped up in price ten days ago.
When stocks have a pattern of jumping you only win when you catch the right direction. Here is the background to today's action (Monday Oct 24th and I am looking for an entry point). As mentioned before Mondays are not my favorite time to be purchasing option that expire on Friday. The D.J.I. and Moderna were up today. Moderna is in the spotlight concerning how much the government going to pay for their vacines going forward.
Now look at the stock's one day and five day charts. I didn't end up playing it.
Let's move on to Tuesday and here is some action.
There was a short and slight selloff around 2:15 p.m. Here is what I did. I got in at 12:57 p.m. looking for an afternoon selloff and I got out a 2:16 p.m. at the height of it's mini crash. It was a question of just getting out and asking questions later. (I did spend 15 seconds looking for news but I couldn't find any). The markets in general at that time were staying stubbornly strong.
Here is a chart of how it traded on the day.I was lucky to get out when I did.
Yet another opportunity presented itself the follow day with a mild afternoon price decline after a morning rally. It's nice doing these types of trades without having to take overnight positions.
Now a January 10th 2023 update.
Moderna is now in a sweet spot as it is not hurting for money.

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