Hi Shoppers,
I don’t have a lot of time so I’ll keep it short and sweet today.
I have a nice quote for you to ponder and a trade idea.
Please do yourself a favor and take a few minutes to think about this and who said it:
“What a wonderful thought it is that some of the best days of our lives haven’t even happened yet.” – Anne Frank
Good reminder, especially when we are complaining about something in our own little worlds.
Once you have finished your pondering, go here for a look at Ford (Ticker: F).
Have You Driven a Ford Lately?
I think Ford (Ticker: F) may be forming a double bottom here:
F could trade back up to $12.25, possibly $13.
With the holiday on Monday, I would look at the July 15 calls:
The 11 calls could be had for around $.50 today, I suspect.
Trade Review
Last time, I called for Nio (Ticker: NIO) to trade from $22.36 to $20.39. It traded $20.60 on Wednesday, making those July 08 22 puts at a buck a nice winner.
Kinross Gold Corp (Ticker: KGC) is one sick puppy. That stock will not bounce until gold futures trade higher.
Thanks for Reading … See You Next Tuesday,
Licia Leslie