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Showing posts from April, 2024

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The Guts To Play A Friday Morning Bounce.

This stock seems to jump up every morning. It's Super Micro Computers and back in March there was a big stink when their former co-founder was arrested for illegally trying to divert $2.5 billion worth of AI servers with advanced chips to China. Might it bounce upwards on the opening tomorrow? These Calls which expire tomorrow closed at the low of the day. Now Big Bear Ai. Could these Calls double in price on the opening tomorrow? It closed strong on the day today. Now my friend Ford, which faltered on the close today. Could it rebound back up smartly tomorrow? Traders don't like this chart and Call option trading today on it was light. Now Hertz however this time we are looking at Call options one week out. The stock jumped today big time. Here is some recent news. Look at this unusual chart. It's the kind of chart which can jump upwards on the opening. Now Disney and a series of Calls that jumped 250% on the day. Is there room to jump some more tomorrow? This is a ...

Roku Jumped in Anticipation Of A Good Earnings Report

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Only to fall again. Look at this five and thirty day chart. ................................................... Yet thats only part of the story. Look at it's year to date chart. How bad was their earnings report? Do you think their pain and suffering is all now behind them? The stock is down 38% on the year. All I know is that they still seem to be making a pile of money. On a different note and in a different industry a stock named "First Solar" was stuck in neutral a few months back because interest rates where to seemingly high and companies in that industry were cutting back on the size and number of projects they were working on. Since that time and for whatever reason the stock in on fire. Both Boeing and Caterpillar also crashed last week on earning report releases. There seemed to be a hint of danger present in both companies releases. It's almost as if there was a domino effect. Next question? Why is Netflix gettng beat up? Look at it's chart. Is ...

Caterpillar - It's First Quarter Earnings Report And Traders Are Staying Away. A Read Which Might Be A Good Reference Point Going Forward.

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Boeing rallied yesterday on the release of it's earnings report only then to tank. Caterpillar is tanking this morning in the premarkets. Let's begin with it's 5 day and 30 day chart. ... The world needs to be rebuilt and Caterpillar is there to help. It's growing, it's got a good reputation, it's not laying off employees and it's doing just fine. If it misses a beat on it's earnings report so what? Life goes on. Then there are those pesky analyst who are known to offer a convoluted spin on things. If you like Caterpillar just buy it on the dips and put it away. So the markets will be opening on the commentary by the companies C.E.O of "sales about flat". Phrasing it that way is a recipe for short term disaster. ..... The two printouts above show some of the early morning action in one Put series and in One Call series. What happened the next day? A slight rebound with next to no traders trying to capitalize on a rebound. What does this tell ...