Crash and Burn or All Aboard? New Trade!!!

11:50am (EST)

For those of you that have been with us over the years, you know Friday’s are a day where we try to kickback, review what has happened in the market, plan for next week, celebrate profits (one current trade of ours is up 308% as we type) and spin a tune or post a video. Today’s video has been a favorite of ours for years and while it has nothing to do with the stock market, it is a favorite of ours when we get giddy. (Please visit the site today to get excited about next week).

Friday’s have been bullish of late and after a sluggish start, the bulls are trying to end the week with a sweep. Tech is still in danger of ending the week with a loss bit there is still another half of trading to go.

We have already started our weekend homework and we have been building positions into December and January as we get ready for one last possible bull run. Our portfolio is still light though as we know the zombies will be back in the headlines the first week of December but we see an opportunity in a few sectors that we will talk more about this weekend and on Monday morning.

We also have a New Trade today so we are short on commentary as we want to get our subscribers on board.

The Dow is currently advancing 13 points to 16,023 while the S&P 500 is up 4 points and is pushing 1,800. The Nasdaq is higher by 17 points to 3,986. The Russell 2000 is up a fraction of a point and is just south of 1,120.

Subscribers, check the Members Area for the New Trade and we could have additional New Trades or Profit Alerts into the close so stay locked-and-loaded. If you do not hear from us, we will be back on Sunday night with the Weekly Wrap and on Monday with the Daily. Until then, have a great weekend everybody!

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CFTC Disclosure:

GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH Momentum Options Trading, LLC CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CIRCUMSTANCE. THERE IS SUBSTANTIAL RISK IN TRADING. A LOSS INCURRED IN CONNECTION WITH FUTURES TRADING CAN BE SIGNIFICANT. WE MAKE NO CLAIM REGARDING PAST OR FUTURE PERFORMANCE. WE MERELY TRACK EVERY TRADE AND SHOW THE PERFORMANCE OF ALL TRADES THE SYSTEM OR NEWSLETTER PRODUCES. SIMULATED TRADING IS DIFFERENT THAN TRADING REAL MONEY. HYPOTHETICAL RESULTS ARE NOT REAL RESULTS. PLEASE CONTACT YOUR BROKER ABOUT THE RISK OR TRADING STOCKS, OPTIONS OR FUTURES. ALL COMMUNICATIONS ARE OPINIONS NOT ADVICE.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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Crash and Burn or All Aboard? New Trade!!!

CFTC Disclosure: