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News Flash: Bernanke Set to Speak

We’re moments away from testimony from Federal Reserve Chairman Ben Bernanke who will speak before the Senate Banking Committee any moment now. The market is getting crushed again today as Wall Street tries to get a grip on the financial sector. The Dow is down nearly 200 points and isRead more

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Tuesday's Earnings Watch

Intel (INTC, $20.47, down $0.17) is expected to post earnings of $0.26 a share on revenue of $9.3 billion. This time last year the company reported $0.22/ $8.9 billion. There are “whispers” that the company could beat by a penny. The company’s new chip could be a hit. If theRead more

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Why You Never Buy at the Open

Regular readers of the blog know that I always try and wait to buy options at least 30 minutes after the market opens. What normally happens is that the euphoria of the market can be so high over an event that it has a dramatic effect on stocks and options.Read more

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It's Official: Anheuser-Busch Agrees to Merger

Anheuser-Busch (BUD, $67.50, up $1.00) said “yes” to InBev’s $52 billion takeover bid in a deal that will create the world’s largest beer maker. The new company will be called Anheuser-Busch InBev. Both companies’ boards have signed-off on the paperwork which InBev will finance. The deal equates to $70 aRead more

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Financial Stocks Get Lift

Over the weekend, the Federal Reserve and the Treasury Department announced a plan to help hurting mortgage giants Fannie Mae (FNM, $10.25, down $2.95) and Freddie Mac (FRE, $7.75, down $0.25). I can name quite a few stocks, and we’ve witnessed them here in the blog, that have lost 70%-80%Read more

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Market Falling, Can't Get Up

The market got a one-two punch from Fannie Mae (FNM, $10.25, down $2.95) and Freddie Mac (FRE, $7.75, down $0.25) as the embattled mortgage giants took Wall Street for a wild ride last week. Fannie fell from $19 to $10 for the week and on Friday hit to a lowRead more

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Breaking News: Dow Slips Below 11,000

The Dow has just traded below 11,000 for the first time in two years as it is down 235 points to 10,993. You could tell from the opening bell that this was a good possibilty as oil conitunes to set record-highs. So far, 29 out of the 30 Dow stocksRead more

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Fannie and Freddie Spell T-I-M-B-E-R!

When there’s smoke that usually means fire and that was my theme for Fannie Mae (FNM, $7.39, down $5.81) and Freddie Mac (FRE, $4.23, down $3.77) yesterday. Today’s headline is courtesy of the deep sell-off that both stocks are experiencing this morning. This latest debacle stems from the growing concernsRead more

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InBev Raises Offer for Anheuser-Busch

It looks like InBev and Anheuser-Busch (BUD, $65.73, up $4.52) have begun negotiations for a friendly merger after InBev reportedly has raised its offer from $65 to $70 a share. BUD had been a reluctant takeover target and rejected InBev’s original $46 billion bid. Today’s news comes after a heatedRead more

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Fannie and Freddie Spell F-I-R-E!

Fannie Mae (FNM, $13.49, down $1.82) and Freddie Mac (FRE, $7.64, down $2.59) are having a tough week as concerns about the two needing a government bailout have come to a head. The outlook is so bleak for both companies that Capitol Hill is meeting today to discuss contingency plansRead more

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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.

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.