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Apple In Focus

The wait is over. Today, Apple (AAPL, $185.64, down $3.79) will hold its annual developers’ conference which is always an event. While everyone is expecting the company to unveil the newest version of its iPhone, will Steve Jobs pull the rabbit-out-of-the-hat trick? Many believe the new iPhone will look muchRead more

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Trading An Index

I received quite a few emails over the weekend asking how to buy index options. Below is a brief introduction and how some option contracts traded on the Dow, Nasdaq, and S&P 500. Each index lost 3% Friday. Dow Jones Industrial Average Index DJX (122.10, down 3.94) is the symbolRead more

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Dow Falls 400 Points

It was an ugly day for the market as the Dow officially fell 394 points to close at 12,209. Oil was the main culprit once again as it soared over $11 to close just under $140 a barrel. A weak unemployment report didn’t help matters either. The Labor Department saidRead more

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Potash Pops Higher

Potash (POT, $217.56, up $9.18) is another stock making a 52-week high today. I profiled this company back in mid-April and the May 200 calls. Potash is a volatile stock and one that can make 10-20 point moves on any given day. Today’s big move in Potash is a directRead more

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Wal-Mart Rocks on May Sales

Wal-Mart Stores (WMT, $59.77, up $2.09) is hitting 52-week highs today after reporting same-store sales were up 3.9% (not including fuel). Wall Street had expected the company to post a 1.6% gain. When you throw in gas sales, same-store sales rose 4.4% for Wal-Mart. Total sales were up nearly 10%Read more

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Mergers and Acquisitions – Update

Lehman Gets Upgraded

Sector Watch: Coal Stocks

I’ve been getting hit with a few emails lately asking if coal is still a good buy… Coal has been a hot topic this week and for 2008 in general. The commodity is up 50% for the year and recent predictions have coal prices going higher through 2010. One brokerageRead more

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Lehman Brothers Making Market Nervous

The market went on a wild ride Tuesday after opening higher on positive comments from Federal Reserve Chairman Ben Bernanke. He said the Fed still expects the economy will recover during the second half of the year thanks to interest rate cuts, Fed loans to the Financial institutions, and taxRead more

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Marvel Entertainment Hulking Up

Marvel Entertainment (MVL, $35.18, up $1.31) is trading higher today after Standard & Poor’s said the company will soon replace insurer The Commerce Group in the S&P MidCap 400 index which is being acquired by Mapfre. No date of the change has been set. In after-hours trading last night, MarvelRead 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.