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Caterpillar - Catching A Reversal On A Tuesday

Tuesdays are not the best of days to look for reversals however Caterpillar jumped a modest amount which impacted the value of this series of Puts. This is a 1:36 p.m. readout. Here is it's five day chart. Now its one day chart. It would seem like kind of a random thing to do and why fight a strong stock? One reason is that the markets are only mildly up and could give back some of it's gains before the end of the day. Caterpillar could be gaining strenght based on last weeks articles talking about how Caterpillar could potential gain from this new AI movement. Notice that the five day chart is in an uptrend and notice the small open interest numbers in the Puts. No one wants to hold Puts on Caterpillar when it is in this uptrend. Could it has a soft selloff in the next two hours? Here it is now 50 minutes later. The "bid and ask" are almost unchanged. There is also not much change in the DJIA index.Now this. The DJIA is sellig off and Caterpillar is hanging ...
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Deere Lays Off /Tesla / Eli Lilly/ Home Depot/ Nio

It was announced today, a Tuesday that Deere is going to lay off some of it's workers. Perhaps that news was leaked out last Friday and that's why it could have sold off last Friday afternoon.
The stock basically has done nothing over the last three years but some traders love it for it's thirty day swings. I have talked about Deere before.
The markets were accepting of this news. In other news Tesla Call option traders are rejoicing.
Image getting in two trading sessions ago at $196.00 to watching it shot up to over $230.00? This was (it's up in the premarkets again) the Telsa trading opportunity of the year! Then there is upside movement in Eli Lilly.
But then there is this background news.
Now this. Talk of a hurricane. Will Home Depot go up?
Then there is Nio. It's shares trade huge volumes and the stock has a wide following. Might it trade back up to $6.00?
It's down almost half price on the year. One of the problems in trying to anticipate what might happen to it's share price movement is that we don't really understand the dynamics of their markets.Nor do we understand in North America how quickly China is going electric.
China continues to grow it's E.V. numbers. Visit the NIO website. *Now this. Chatter about the future of E.V's. This time it's a Ford executive talking about it's state of affairs.
Ford executives have a history of confusing their shareholders.

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