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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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January Blues and News on Taiga- The Opportunity to Tap Into 90 Dealerships

Here is the list of auto stocks I watch. All are down this morning.
It's difficult to think about playing the upside. It's also difficult to play the downside. Caterpillar is struggling. It dropped today. Analyst are always busy looking in their rear view mirrors to explain what is happening. They now say that Caterpillar is exposed to the slowdown in China. That's not really a fair assessment of the overall big picture. It recently had a nice run up.
Boeing is entering into a cup formation.
Moderna was $86.00 back at Christmas and jumped to $115.00 on Jan 8th only now to settle back down again to $96.00.
Then there is Nio an Ev maker. They are expanding their sales into Europe. I often talk about this stock as it trades in very high volumes and has a huge following . A few years back it traded five times higher in price than it does now. It's product line is now much improved. The stock however is now crashing. There seems to be to much focus on monthly production numbers.
Nothing is being spared in this massive grubbing and jumping in now hoping for the start of a reversal doesn't seem to be a smart approach. Times will however change. ****
Now news on Taiga. Electric watercraft. This will keep them busy.
Why isn't the stock jumping upwards in price? One reason is that the potential of these new orders will force this company to raise additional working capital. They seem burn through money quickly. That plus why are they trying to build two different product lines at the same time? Maybe they should focus on only one product. A few years back this stock was $10.00 per share and now when things seem to taking off it's down to $1.00. If the watercraft division takes off this company might have a bright future. As a general rule I don't like Quebec based companies. It's still very much a wait and see situation.

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