Microsoft (MSFT, $25.56) and Amazon.com (AMZN, $93.87).  Both stocks are down 5%-6% before the bell after reporting weaker-than-expected results. The Dow jumped nearly 200 points yesterday to close above the 9,000 mark for the first time since early January.  This move was significant and I don’t think the bulls worked this hard to give it all back.  The rally might run out of steam today as the Nasdaq has had an incredible run but the momentum has been real.  Ahead of the market’s open, Dow futures are up 9, while the S&P 500 index futures are up 2.  The Nasdaq index futures are slightly negative as they are down 5.  We won’t be opening any trades today and our stops are in place in case we drift lower today. Rick@MomentumOptionsTrading.com]]>