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Tuesday's Tidbits

9:00 am (EST) I had a busy day on Monday with everything going on but I wanted to update some of the positions we have open and what is happening with them. The Celgene (CELG, $42.31, up $0.16) April 40 calls (LGHDH, $3.00, up $0.25) had a stop of $2.25-$2.50Read more

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Barron's Bites Amazon

11:10 am (EST) Leave it to Barron’s to ruin another one of our trades. Amazon.com (AMZN, $76.17, down $2.00) was mentioned in this weekend’s online edition and although the investment magazine said a lot of good things about the company, the stock is down over 2% this morning. We gotRead more

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Weekly Wrap for 4/5/09

RIMM Bets Pay Off/ Dendreon Over $5

Friday Morning Notes

We got the curve ball on Monday, today we got the wildcard. The market is headed for a lower open after the horrendous unemployment report we got this morning. The U.S. unemployment rate jumped to 8.5% in March – the highest in 25 years. The good news is we shouldRead more

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Surprise! RIMM Hits $60

We’ve been talking about Research In Motion (RIMM, $49.28, up $3.66) all week and wouldn’t you know it…the stock actually did jump 20%! We knew 10% was a given up or down and I was guessing maybe 15%, and yes, I suggested taking the safe money along with the 100%Read more

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RIMM Update

Amazon.com Surging/ Celgene Right Behind

11:30 pm (EST) Amazon.com (AMZN, $76.00, up $2.50) continues its march higher despite another downgrade this morning. Barclays Capital lowered its rating from “Overweight” to “Equal-weight” with a $70 price target. They went on to say that Amazon has outperformed the market by 60% since December. And? The stock alsoRead more

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On Deck: Research In Motion

Research In Motion (RIMM, $45.62, up $2.51) finished Wednesday’s trading session slightly higher from Friday’s close and I mentioned a number of options and strategies that could be used based on your belief of where the stock may be headed after the company reports earnings today. I had favored theRead more

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End of Day Notes

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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.

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