Bulls Making a Comeback, NEW TRADE ALERT

12:45pm (EST)

The bulls are trying to end the week on a positive note and could surprise Wall Street by stealing the weekly win from the bears.

Coming into the week the Dow was at 13,593 and the S&P 500 was at 1,465. The Nasdaq stood at 3,184 and the Russell 2000 was opening at 864.

Currently, the Dow is at 13,620, up 23 points, and the S&P 500 is higher by 3 points to 1,463. The Nasdaq is showing a gain of 12 points to 3,188 and the Russell 2000 is up 5 points to 856.

We have a lot to cover today with our current trades so we are going to be a little short on commentary this afternoon as we square up the portfolio. We said this morning we have room up to 5 NEW TRADES and although we don’t like to open positions on a Friday, we see a great opportunity on a stock we feel is ready to tumble. Monday’s have been bearish over the past 3 months so we are going to swing the bat.

We have closed a number of winning trades this week and we do have a couple from July and August that have run out of time. We will update our 2012 Track Record over the weekend but we should still be near an 80% win rate for all of our trades with a total return of 700% for the year. Yes, 700%.

September has been a sweet month for us as we turned bullish in mid-August following a 2-month long trading range that gave us fits. The good news is now that the market has broken out of that range, volatility will be picking up and we see an incredible opportunity to make bank over the next 3 months.

Subscribers, check the Members Area for the updates and for the NEW TRADE and be sure to use limit orders to get the best fills.

We will be back Sunday night with the Weekly Wrap and Monday Morning with the Daily. Until then, have a great weekend everyone!

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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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Bulls Making a Comeback, NEW TRADE ALERT

CFTC Disclosure: