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Is Boeing Doing a Swan Dive?

The company is running on all cylinders. It has more orders than it can handle. Now look at how it is trading on the opening. There seems to be selling pressure on good news. The D.J.I.A. is not doing very much and it's a Thursday at 11:00 a.m. Now a personal thought. Thursday morning are one of the worst time of the week to be looking at Call options that expire on the next day. Period. That said, look at these "in-the-money" Boeing Calls that expire tomorrow. Buying "in-the-money" Calls on a falling stock can be a heart-rendering experience. . Now let's move forward by about forty eight minutes. What do you think could be happening? Charts like this can now start to wander. These could be dangerous options to be in. Now this, an end of day reading. Let me first ask you a question? Do you think Boeing will go up tomorrow? Might it do the impossible and jump up five dollars on the day? What I forgot to mention that the next series of Calls on it higher u...

Roku Jumped in Anticipation Of A Good Earnings Report

Only to fall again. Look at this five and thirty day chart.
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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 it partly because other companies like Disney are beefing up their efforts to become a bigger player in this space. Yet then again, the more things change the more they remain the same. A few years back all eyes were focussed on Netflix tweeking their business model on advertising policies and on the issue of their subscribers sharing their passcodes. Those issues are now largely history. We must not forget that Roku has 80 million subcribers. There is still plenty of money for all to be earned. The lesson to be learned is that following sideways moving stocks doesn't always pay off. ** See how I struggled with Roku in a blog I posted on April 15th. It's all to easy to get fixated on sideways moving stocks. * Roku closed down $.55 cents on the week and as mentioned previously in my April 15th blog, Cathie Wood the founder of "Ark Investor" now has some skin in the game.

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