The bears pushed support at the open but the bulls have battled back off the lows as we head into the second half of trading. We expected another choppy session today and we wouldn’t be surprised to see a flat ending as we head into the weekend. The zombies will be meeting at 3pm (EST) and there will only be an hour left before Wall Street closes and traders will be taking positions on hopes their will be a vote Sunday night to avert the Fiscal Cliff.
While we could make points for a deal getting done or not, all we really care about is the market. We don’t believe there will be a Hollywood ending on Monday but the zombies could surprise everyone with something although we doubt it will be enough. The warning signs we have been watching for are giving bearish signals but we have been in this type of environment before and the reality is we are still in a trading range.
The talking heads and slick talking pros react to what is happening with the present and they are bullish or bearish on any given day. However, the real money is made when you can predict where the market will be in 1-2 months. There are still some charts and headlines that need to play out over the next week or two and we will need to be patient but there will be a major move in the market over the next 4-6 weeks.
At this point, it is hard to say how Monday plays out but we have mentioned the last trading day of the year has been nasty in recent years and have favored the bears. The market will be closed on Tuesday and the follow through on Wednesday could set the stage on if we play call or put options into February or March.
We have recommended over 200 trades for 2012 with over a 70% win rate and as we wind down our portfolio that are some exciting stories we are watching for 2013. There are a few takeover candidates we are currently playing, an earnings trade, and a fundamental trade on a stock that is single-digits that is ready to pop past $10 any day now.
Our portfolio is light and now is the best time to join us as we get ready for 2013. As of now, our Track Record for 2012 is 159-60. We have recommending over 30 triple-digit winners with some option trades gaining as much as 500%. Our Weekly Wrap is 28-0 for the year and is 44-0 since we started the publication 2 years ago. We will finish 2012 with another profitable year – our fifth straight.
We have proven over the years that if you stick with us for the long haul, the chances of you making money are pretty good. We also believe the longer you follow us, the more you will learn how the market works, how to trade up AND down markets, and more importantly, how to find your own trades. We often ask people what they plan to do when they retire and when you do, who will be managing your money?
We believe everyone should manage their own money and the best part is if you stay with us, you will learn to find your own trades. Of course, you still have us but there is no better thrill than picking a triple-digit winner that you did the homework on. The Average Joe doesn’t do homework or chart work and that is why they often lose or say the market is rigged.
We work 80-100 hours a week to find both bullish and bearish trades and we don’t panic if there is a market selloff. Once you learn how to play both sides of the market, you will find trading easier and you will learn to control your emotions. You will also be ahead of the 70% of investors who don’t know how to play both sides of the market.
We mention all of this because this is the last weekend you can take advantage of our Special Discount.
Special Yearend Discount
As 2012 comes to end, we would like to help you get ready for trading in 2013 with our yearend promotion. Our subscribers mean a lot to us and every year we offer a huge discount on yearly memberships because we want you to learn how the market works and we want you to learn to find your own trades. More importantly, we want you to make money. There is no bigger thrill once you learn to trade options and find your own trade that returns you 500% in a matter of days or hours.
We are a high risk/ high reward option investment Daily newsletter and we also offer “safer” option and stock trades through our Weekly Wrap newsletter. The Daily newsletter targets triple-digit returns for every trade and offers 2-3 trades a week, depending on market conditions. We have over 200 trades on the books this year and our Track Record is 131-60 for nearly a 70% win rate. We have recommended over 30 triple-digit winners with gains up to 400%-500% and most trade recommendations range from 50%-80% returns.
For our Weekly Wrap, we are 28-0 on trade recommendations. We were 16-0 in 2011 and we are 44-0 since inception. Overall for 2012, our Track Record is 159-60 and is a 73% success rate.
We are by far, one of the best, if not the best, option trading services out there. We don’t advertise that much, we don’t do TV, and we have not had a losing year since we started the newsletter in 2008.
20% off Annual Subscription plus bonuses! – With the purchase of the Annual Daily subscription, you will also receive the Annual Weekly Wrap subscription (covered call options) as well as our Momentum Options Trading Course for FREE.
The cost for a 1-year membership is $924 for the Daily. This is $77/ month and much less than the $97 or $129 monthly memberships. The Weekly Wrap is also $924 for a 1-year deal.
We will be offering them BOTH for $740. This is over 65% off if all of 3 were purchased individually
We also offer an option trading course, How to Trade Options on Momentum Stocks, that is valued at $895. The course comes with bi-monthly videos and currently has dozens of videos on trade setups, how to find trades, and how to read charts. The course is also shipped to you at no charge with your 1-year membership. We are finalizing the order on how many copies we are printing so it will be important for you to get in on this deal as prices will go back to normal at the start of 2013. You can read about the course by going here and the new edition will ship during the first few weeks of January.
Please use coupon code: E0AD31DBA3 and go here to sign up:
Associate with: Members Area – Annual Recurring Subscription (Only $924 for 12 months. Save $240.)
The coupon will also give you an EXTRA 20% off which gets the rate down to $740!
You will have to act fast because this offer expires in 3 days.
As far as the market, the Dow is down 54 points to 13,041 while the S&P is lower by 5 points to 1,413. The Nasdaq is off 5 points to 2,981. The final hour could be exciting so let’s go check our current trades to see where we are at. There could also be a late day Trade Alert so stay with us until the market closes.
We will be back Monday morning with our next full update and until then, have a great weekend everyone! (And be sure to hit us up on our 1-year deal).