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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
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The Auto Industry Is Big on Self Promotion.

Look at this ad to purchase a Lucid electric vehicle. Going forward the consumer will have many EV brands to pick from.
Some people want the best of everything and these ones will appeal to a small slice of the market. The share price of Lucid is holding steady. Last week Tesla announced that their new truck model is now available and that they have orders for over a million of them. EV stocks were soft in the last month over the theme of range anxiety issues. Suddening the news of one million orders has cast that issue aside. G.M is another company beating it's own drum. It popped on news last week. The car maker boosted guidance and will buy back $10 billion in stock -25% of its market cap-and hike the dividend. It expects 2024 profits on electric cars. The stock jumped $4.18 to $32.36
Even Ford jumped, at least for one day. It changed it's guidance numbers.
Imagine playing the Ford ten series of Calls last week. Then there is Nio. Often times this year Nio made the top five weekly list or top ten list of most activity traded NYSE stocks. It's a company which has never make a profit but is hopefully getting closer to that target.
Shown above is a five year chart on this stock! What a tough ride for investors. But what if? What if it became the number 8th, 7th or 6th largest EV producer in China? That's what adds excitement to this stock. ( On the other hand what a dog of a stock it has being to own recently, that's why no one likes to talk about it). Some option players play options on this stock waiting for the monthly production numbers to be released as was the case today.
To be continued. Well maybe. * Here is how it is trading the very next day, December 5th. With so many moving parts there is always news about something.

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