The market settled in a sea of red on Thursday following disappointing economic news and the continued fallout over negotiations on another coronavirus stimulus package. The losses held near-term and key support levels with the bulls needing a bounce back on Friday to avoid their 3rd-straight weekly loss. The DowRead more
Bears Return to Push Prior Trading Ranges
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MomentumOptions.com Alert Update (SNAP) for 3/14/2025
12:45pm (EST) We have another update on Snap (SNAP) as shares are bouncing off the $8.50 level. Alert Update! Snap (SNAP, $8.64, up $0.27) SNAP April 9 puts (SNAP250417P00009000, $0.80, down $0.05) Entry Price: $0.25 (2/26/2025) Exit Target: $1 (closed half at $0.55 on 3/4/25) Return: 170% Stop Target: 55Read more
Volatility Remains Elevated
MomentumOptions.com Pre-Market Update for 3/13/2025 Volatility Remains Elevated 8:00am (EST) Wall Street did a little dip buying on Wednesday with the major indexes indexes remaining in oversold territory. Tech showed the most strength but the blue-chips slacked to keep a bit of uncertainty in play for a near-term bottom forming.Read more
Fresh 2025 Market Lows Fail to Hold
MomentumOptions.com Pre-Market Update for 3/10/2025 Fresh 2025 Market Lows Fail to Hold 8:00am (EST) Technical video: https://go.screenpal.com/watch/cTe6e5n1pvi The stock market traded on both sides of the ledger on Friday after the bears pushed fresh lows for the year while cracking key support levels for the fourth-straight session. The afternoon recoveryRead more
Nasdaq Recovers 200-Day Moving Average
MomentumOptions.com Pre-Market Update for 3/6/2025 Nasdaq Recovers 200-Day Moving Average 8:00am (EST) The market was higher on Wednesday as tariff talk and an escalating trade war once again dominated the headlines. The major indexes were on track for a third-straight day of losses but rebounded intraday after the President gaveRead more
MomentumOptions.com Alert Update (SNAP) for 3/4/2025
11:25am (EST) We have an update on Snap (SNAP) with shares down 4% and the current puts we profiled doubling. Alert Update! Snap (SNAP, $9.40, down $0.37) SNAP April 9 puts (SNAP250417P00009000, $0.55, up $0.15) Entry Price: $0.25 (2/26/2025) Exit Target: $0.50, raise to $1 on other half Return: 120%Read more
MomentumOptions.com Alert Update (AAL) for 3/4/2025
10:50am (EST) We have an update on American Airlines Group (AAL) as shares have fallen another 5% for another triple-digit winner. Alert Update! American Airlines Group (AAL, $13.16, down $0.70) AAL April 14 puts (AAL250417P00014000, $1.40, up $0.40) Entry Price: $0.60 (2/21/2025) Exit Target: $1.20, raise to $1.80 (Limit Order)Read more
MomentumOptions.com New Alert (RKT) for 3/3/2025
Market Bounces Off Oversold Levels
MomentumOptions.com Pre-Market Update for 3/3/2025 Market Bounces Off Oversold Levels 8:00am (EST) Technical video: https://go.screenpal.com/watch/cTenhAn1bZK Wall Street wrapped up a nasty week with the bulls getting a rebound win on Friday after holding key support levels. The major indexes were also in oversold territory and typically where there is someRead more
MomentumOptions.com New Alert (SNAP) for 2/26/2025
Bears Resurface as Volatility Spikes
MomentumOptions.com Pre-Market Update for 2/24/2025 Bears Resurface as Volatility Spikes 8:00am (EST) Technical Outlook Video: https://go.screenpal.com/watch/cTn0nLnh8hL The stock market sank on Friday following weaker-than-expected economic news and the ongoing uncertainty over tariffs. Specifically, the University of Michigan consumer sentiment index fell to 64.7 in February, a whopping decline of nearlyRead more