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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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Getting On The Right Side of Trump

Jovy jumped. Here is something they make. Something like flying cars. Jovy is in the same space as a company called Unusual Machines.
.....
Now this, a Canadian company called Savaria.
It produces it's equipment in Canada and Mexico. With tariffs coming this could be problematic. The stock sold off last week. Trump has the power to move the markets. It's not fun trying to outguess his next move. The same thing happened the last time he was the President. Here is Savaria's five day chart.
Now Boeing. In past blogs on Nov.19th, Nov 4th and Oct 22nd and others I have mentioned how Boeing often seems to rally on Monday mornings. Today was no different. Here is it's five day chart including today which is a Monday.
Can you see how the Call options jumped in the morning? They also jumped last Friday.
Trump is making the markets more difficult to play.

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