Eh, MO is my thing. And call away, it's all market noise on my horizon for investment positions anyway. And I'll jump on board with that call if 116 doesn't hold. I'd love to see 110 on this in the next week or two...without Friday's volatility.
Sweet call on that one Z! Testing 116 now. I wouldn't hold this overnight. But I sure would look to short tomorrow morning below 116.
$113.88 was the low today. Classic T/A bounce if you look at the chart and draw the right lines. Let it run from here. I wonder if the tobacco lobby backed Trump. I think they back everybody to tell the truth. I stand behind what I wrote a few months ago.... one Tweet and these things hammered. Wanna fix healthcare AND generate $'s? Make the bitches $30/pack. Oh..."But that'll put the tobacco farmers out of business". Good point. But in the end...where the rubber meets the road....how many people would lose? Weigh that against how many millions would win. Never gonna happen. Unless the wrong person says the wrong thing about Trumpy. And they're too smart for that. Not to mention the depth of those pockets. So as it stands... these stocks trade off of pure T/A... flavored with the occasional bad press.
I think you got the same line I do. Look at Friday's chart at the time of my entry and exit posts on STHH...I think PM was around 114.50 (not 100% sure, was more worried about getting the order in time than the price the option should have been) for both trades.