Featured

The Temptation of Buying A One Day Call On Thursday Afternoon.

It's usually better to wait until Friday morning and then deciding which way the markets might go. They can however on Thursday afternoon be tempting. Thursday was a trick with Boeing only up $.02 cents on the day. Here is it's one day chart. Playing it from (9:30 a.m. until 11:00 a.m.) was the way to go. On Wednesday we referenced Boeing looking like it's old self again. Now look at this. Focus on the chart from 1:00 p.m. unti 2:30 p.m. That period of time could have got Call option players excited. Experience also tells us that the 2:30 p.m. - 4:00 p.m. period of time is one of most dangerous times of the week to be looking at Call options that expire the next day. Now here is it's full one day chart. From 2:30 p.m. until 4:00 p.m. it really did nothing, with no indication of would happen on the following morning. Do your own homework to see if you concur with this logic. Now Friday morning and the one day options that expire at 3:00 p.m. this afternoon. Only 355

Blink And A Fellow Named Al Root.

Who is this Al Root fellow? I don't know but Barron's has him on his payroll and he sure puts out a lot of interesting stuff. I have talked about Blink before only to see it get beat up. EV stocks have hit a rough patch and this stock is an EV play. But wow, look at how this stock is doing.
Now a longer term chart. So many investors have poured money into the EV space only to loose. Is this a stock to now consider?
One caveat is that stocks with this type of a chart formation often do not have a happy ending.That plus owning a stock in the three dollar range can have you feeling duped if it decides to meander along not doing very much.

Comments

Popular posts from this blog

Disney Had A Good Week, Fisker Not So Much . Lion Electric and Taiga

Boeing Down $20.00 or 8.03% On A Monday Morning

The Three Amigos On A Friday