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Blackstone Group Could Hit Teens

There has been a lot of chatter about the prospects of Blackstone Group (BX, $8.22, up $0.41) this week and judging by the stock’s option activity, shares could be headed above $10 quickly. The company is a private equity firm that that could be a key player on how wellRead more

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Family Dollar Stores Could Surprise

Family Dollar Stores (FDO, $31.28, down $0.65) has been in a strong uptrend lately after breaking out above its 20, 50, and 100-day moving averages. After building a solid base in the mid to upper $20’s, the stock broke through $30 earlier this month and has held this level since.Read more

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Market Takes A Break

After the huge rally we got yesterday, the market traded in somewhat of a narrow range. The Dow opened lower and was down triple-digits before turning positive right after lunch. However, by the end of the day the bulls seemed tired and packed it in early. As a result, theRead more

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DryShips in Play

DryShips (DRYS, $5.68, up $0.78) is up nearly 20% and has been strong all day. The stock opened this monrning at $5.05 and has traded as high as $5.85. The company came out of nowhere and said they will announce earnings after the bell today. I didn’t have an earningsRead more

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Update on Intel

Intel (INTC, $15.52, up $0.87) rallied 6% today which wasn’t hard given the 500-point pop we got in the Dow today. If you didn’t notice, Tech was strong today and the chip sector rallied right along with it. In the March 15th Weekly Wrap, I had mentioned that Intel hadRead more

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Best Buy Gets Upgrade

Weekly Wrap for 3/22/09

1. Commentary 2. Take-Two Revisited 3. Is Dendreon Headed for Double Digits? 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary The market got off to a good start last week but struggled to hold onto gains by the end of a five-day workRead more

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Bernanke Speaking

Miday update…Ben Bernanke is speaking at noon today and the Dow is currently up 11 points to 7,412. It has been a choppy session as traders appear nervous about going long or short before the weekend. We aren’t getting to much news right now and it looks as though theRead more

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Close Smith & Wesson Trade on Friday

I wanted to send out a reminder for those of you who may be following Smith & Wesson Holding Corporation (SWHC, $5.67, up $0.09). The stock has gained nearly 25% since I mentioned it in the Weekly Wrap a couple of weeks ago (3/8/09). At the time of the article,Read more

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Is Dendreon Headed for Double Digits?

Investing in Biotech stocks can be an exciting, yet risky investment. Investing in Biotech options can takes that same risk/ reward to another level. Assessing how these stocks react to certain news concerning FDA approvals and clinical trials is an art in itself and requires specialized knowledge. However, once youRead 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.