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Trump Has The Power To Move The Markets On No Real News. Some Insiders Will Have A Happy Weekend.

Look at these charts. What's going on? ...... Look at this. Very few traders are holding option positions on any of these stocks because the last two years of trading have been a being of a nightmare. Here is an example of how one series of options on one of these stocks jumped on this news. Now later in the day. Now the closing Readings. This blog comes on the heals of writing about how crooked the stock Carvana is! I understand why some people have no interest in playing the markets.
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Car Puts. Not Catputs

Avis runs with the stock symbol "Car". Here was its chart today.
We are starting to see more charts like this. Here is one reason why it fell.
Here are how other companies I watch in this same space traded on the day.
Now these two five day charts.
...........
Is the sky falling or is this just a bump in the road for Avis?
It's to early to tell. If the job market says healthy then this is just a little bump in the road and G.M. is forcasting record breaking profits for the next two quarters. Now a five year chart on Hertz.
Maybe these three month out, "in-the-money" Call options would be an interesting play.
It would be a bet on the used car industry surviving the rest of the summer and slightly beyond. Could the stock go back to where it was trading thirty days ago? People still need cars to go to work. Yet what again do I know? **** A next day look at the stock Carvana.
Yes used cars are still expensive.

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