8:00am (EST)

The bulls moved a little closer in their effort to claim the majority of the monthly wins for the indexes but still have a little work to do today. The bears are feeling frustrated following last week’s pullback and after failing to keep momentum this week. In any event, today’s session will be exciting to watch, regardless of the outcome, as April is shaping up to be an incredible month for trading opportunities.

The Dow advanced 69 points, or 0.3%, to end at 20,728. The blue-chips nearly held positive territory throughout Thursday aside from the opening dip to 20,643. Support at 20,600-20,550 held for the third-straight session. Lower resistance at 20,750-20,800 was challenged following the intraday run to 20,753.

The S&P 500 climbed 7 points, or 0.3%, to finish at 2,368. The index slipped 3 points on the open to 2,358 with rising support at 2,350-2,340 easily holding. The push to 2,370 fell shy of resistance at 2,375-2,380 with a move above the latter being a bullish development.

The Nasdaq added 16 points, or 0.3%, to settle at 5,914. Tech also fell 3 points shortly after the open to 5,894 with rising support at 5,875-5,850 hardly tested. The second half trip to 5,916 and close above lower resistance at 5,900-5,925 was super bullish. The fresh closing high bested the previous record of 5,904 with the recent lifetime high north of 5,928.

The Russell 2000 jumped 10 points, or 0.8%, to close at 1,382. The small-caps held positive territory throughout Thursday with the high reaching falling just shy of 1,383. The steady strength and move above resistance at 1,370-1,375 and the 50-day moving average being a bullish signal. Fresh hurdles are at 1,395-1,400. Rising support will try to hold at 1,370-1,365 with a close below 1,360 signaling a possible short-teem top.

The S&P 500 Volatility Index ($VIX, 11.54, up 0.12) traded down to 11.12 during the first half of action with upper support at 11-10.50 holding. The high of 11.64 afterwards held resistance at 12.50-13.50.

From desk to press, futures look like this: Dow (-31); S&P 500 (-5); Nasdaq 100 (-10).

===============================

Dear Investor –

We are off to a blistering start with a 21-3 record (88% win rate) for Momentum Options as our subscribers having locked-in FOUR triple-digit winners along with three trades that have returned over 75%!

Here is a quick peak at some of winners thus far and for the first 3 months of 2017 from both newsletters:

+433% SFLY put options
+240% VIAV call options
+100% GDOT call options
+100% TSEM call options
+88% FLEX call options
+78% VIAV call options
+75% VIAV call options
+53% TSM call options
+46% TSEM call options
+41% JBL call options
+36% AMD call options
+28% TSEM call options
+27% MYL Call options
+23% JBL call options
+17% SNE put options
+13% IWM call options
+11% S call options
+11 ARRY call options

*******************************

The newsletters for Momentum Options Daily (MO) and Easy Money Options (EMO) are different in a couple of ways. MO averages 2-4 trades a week, depending on market conditions, while EMO averages one trade a week. MO targets “out-of-the-money” call and put options for returns of 100%-500%. EMO trades “in-the-money” and near-term call and put options targeting returns of 50%-100%, or more.

The MO newsletter comes out twice a day with full market updates and additional New Trades, and, or Trade Alerts, throughout the day. EMO comes out every Monday morning with a full market update and additional New Trades, and, or Trade Alerts, throughout the week along with regular market commentary – depending on the action. Both newsletters, together, have a 81% win rate for 2017. My 10-year Track Record is at a 70% clip and one of the best, if not the best, in the business. I say that humbly, of course, because this is a very hard business to be successful at if you don’t work hard each and every day. I do and I love the grind.

At 21-3 for MomentumOptions.com, the current win/loss rate is at a staggering 88% for 2017 in what has been a tremendously tough trading range with higher highs and now, fresh monthly lows. To celebrate your patronage, these are the best deals I have ever offered and I sincerely hope you take me up on them. The 1-year deal is a steal…

Pricing Guide Momentum Options Daily

12 Month subscription – $1,750

60% discount – $700

Use Coupon Code SAVE60

Click here to start your membership!

Your membership also includes:

FREE OPTION TRADING COURSE, FREE WATCH LIST, FREE REPORTS

=====================

6 Month subscription – $900

50% discount – $450

Use Coupon Code SAVE50

Click here to start your membership!

Your membership also includes:

FREE WATCH LIST, FREE REPORTS
=====================

3 Month subscription – $500

40% discount – $300

Use Coupon Code SAVE40

Click here to start your membership!

Your membership also includes:

FREE REPORTS
=====================

1 Month subscription – $200

30% discount – $140

Use Coupon Code SAVE30

Click here to start your membership!

=====================

If are a past subscriber, welcome back, and here is what you have been missing:

Track Record by Year for Momentum Options:

2008: 126-15
2009: 172-64
2010: 60-54
2011: 84-70
2012: 126-68
2013: 89-78
2014: 96-66
2015: 102-51
2016: 104-46
2017: 21-3 (28-6, overall)

Over this time frame, I have given subscribers 295 triple-digit winners, 4 quadruple monsters; an astounding 564 double-digit gainers, and a solid 130 single-digit cash register ringers. The track records are available for you to view at MomentumOptions.com.
For Easy Money Discounts (7-3 Track Record):

50% discount

Use Coupon Code SAVE50EMO

https://www.MomentumOptions.com/membership-account/membership-levels/

Rick Rouse
Editor and Chief Options Strategist
MomentumOptions.com
Rick@MomentumOptionsTrading.com

====================

***Please remember we have a no refund policy.
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.