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Intel Tops Earnings Forecast

Intel (INTC, $15.93, down $1.06) reported earnings after the bell which topped Wall Street’s expectations by a penny. The company reported earnings of $2 billion, or $0.35 a share versus $1.8 billion, or $0.30, from the year-ago period. Revenue came in at $10.2 billion, up just 1% but it wasRead more

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McDonald's Opens Strong

I recently profiled a McDonald’s (MCD, $59.32, up $2.07) trade on October 7 and I wanted to give a quick update. The stock had a really good Monday along with the rest of the market and is enjoying a nice open this morning. The November 65 calls (MCDKM, $1.45, upRead more

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Market Explodes for 900 Points

The relief rally was on today as the Dow zoomed 936 points as bulls rushed in to buy stocks that have been beaten down 50%-80% in just over a month. If you read the blog that I posted over the weekend, then you could tell how excited I was toRead more

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It's Time to See the Forest Through the Trees

Words can’t describe the excitement we’ve seen in the market over the past few weeks and Friday was a classic example of what could be described as “running for the hills”. Wall Street was in full fledged panic mode Friday as the Dow went back and forth in a 1,000-pointRead more

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Breaking News: Dow Plummets Below 9K

Mid-Day Outlook, IBM's Earnings

The market looked poised to break its six-day losing streak on the heels of a fantastic earnings report from International Business Machines (IBM $91.56, up $1.01) but after a decent opening, the market is mixed. The Dow is down 29 points to 9,228 but it looked like we were goingRead more

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Yum Brands Beats Estimates

Yum Brands (YUM, $27.88, up $0.38) said profits for its 3Q came in at $282 million, or $0.58 a share, up from $270 million, or $0.50, in the same quarter a year earlier. The company did well because of its operations in China, but the results were not “stellar”. ChinaRead more

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Quick Hits

Down 200 points. Up 125. That is what we are dealing with today for the Dow Jones…and that’s just the first 45 minutes. The futures were significantly lower this morning and the market was right on cue with a major loss at the open. However, the market got a shotRead more

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Look Out Below!

The hits just keep coming for the market. Another day, another drop for the Dow. Wow. Tuesday’s 508 point debacle left the index standing at 9,447. In case you’re counting, that makes it five days in a row the market has ended lower. To make matters worse, the Dow testedRead more

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Swimming With the Sharks

McDonald’s (MCD, $57.24, up $0.09) has gone on sale again. I may be a little early in saying this but I’ve been telling you that we are going bargain hunting. I know it may be hard to “go long” in a market like this but we are going in withRead 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.