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May Jobs Report Holds Key

8:15am I’m starting this blog before the Jobs Report comes out… The Labor Department will release figures that are expected to show a total of 520,000 jobs were lost in the month of May. Wall Street is betting on this number to hold or come in lower. If that figureRead more

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News Flash: Dendreon Up in After-Hours

Thirsty Thursday

12:30pm (EST) It seems the bulls are back in town today as the market has held positive territory for most of the day. The Nasdaq has been the clear leader as Tech stocks are trading mostly higher. Apple (AAPL, $143.25, up $2.30) continues to surge and I wrote about theRead more

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Apple Bucks Market/ Dendreon Nearing Highs

2:00am (EST) It seems like nothing can get in Apple’s (AAPL, $140.95, up $1.46) way. Despite a crummy Wednesday that saw the market give back some gains, Apple was doing its own thing and touched a high of $141.11. The market did show signs of life in the final hourRead more

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TiVo Wins Favorable Ruling/ Update on Trading Service

New Trading Service DETAILS

I’ve got a lot to cover about our new service but I wanted to go over the trades that I have been covering in the blog first. Ford Motor (F, $6.41, up $0.28) had a stellar day as it added 5%. I profiled the December 6 calls (FLI, $1.64, upRead more

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Tuesday's Tidbits

2:20pm (EST) General Motors (GMGMQ, $0.58, down $0.17) has a new stock symbol after it was suspended from the New York Stock Exchange following the company’s bankruptcy filing yesterday. More importantly, GM was removed from the Dow. History lesson of the day – the stock had been part of theRead more

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Watching Dendreon

11:00am (EST) Dendreon (DNDN, $24.08, up $0.66)has been trending higher for the last week and all of the hoopla that had been surrounding the stock has faded. The average daily volume has been coming in around 2-3 million shares traded but I have been noticing the volume creep back upRead more

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Dow Takes New Shape

9:15am (EST) Out with the old, in with the new. Sorta. The Dow managed to extend its May gains with a 221 point pop on Monday. The 2.6% advance took the index to 8,721 and right up to resistance. The strong close has the Dow challenging the 9,000 level andRead more

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Urgent! New Site, New Trade

7:30pm (EST) We are launching the new trading service in the next day or two. I plan to have all of the details by then and there will be a special section where I will be posting trade picks and updates that you will be able to view daily. IRead more

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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.