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Trade Updates – Thursday, October 01, 2009

October 2009 | Members     9:00am (EST) NEW TRADE!!!  Abercrombie & Fitch We had great success with the Abercrombie & Fitch (ANF, $32.67, up $0.87) trade back in August and the stock appears to be setting up for a similiar trade as we head into October.  On August 14th, AbercrombieRead more

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Trade Updates – October 2009

Return to Members Thursday, October 01, 2009 Friday, October 02, 2009 Monday, October 05, 2009 Tuesday, October 06, 2009 Wednesday, October 07, 2009 Thursday, October 08, 2009 Friday, October 09, 2009 Monday, October 12, 2009 Tuesday, October 13, 2009 Wednesday, October 14, 2009 Thursday, October 15, 2009 Friday, October 16,Read more

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Nike Options Getting Plenty Of Action

12:30pm (EST) The market got off to a good start this morning but has been weaker after the Consumer Confidence numbers were released.  The Conference Board said the consumer confidence index fell to 53.1 in September, down from 54.5 in August and much lower than the magical 57 number that Wall Street had been predicting.Read more

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MomentumOptionsTrading.com Morning Update for 9/29/09

9:15am (EST) Futures are pointing towards a slightly lower open this morning as Wall Street prepares for the latest batch of economic reports today.  The Dow rallied more than 120 points yesterday as M&A (merger and acquisition) activity took center stage once again. The rally could be short-lived if today’s economic news is weak.  Today,Read more

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MomentumOptionsTrading Mid-Day Update For 9/28/09

12:30 pm (EST) The bulls are in charge today as they have taken a number of positive developments to move the market higher.  Mergers and acquisitions are the rave today as Abbott (ABT, $49.00, up $1.67) announced that it will acquire Solvay’s pharmaceuticals business for $6.6 billion ($4.5 billion euro) in cash. XeroxRead more

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New Trade: United States Steel

11:10am (EST) Subscribers, check the Members Area for a new trade in United States Steel (X, $46.00, down $0.63).  You should have gotten an email alert from us at 11am… Rick@MomentumOptionsTrading.com]]>

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Futures Higher Ahead of the Bell

9:10am (EST) Futures are pointing towards a slightly higher open this morning.  Ahead of the bell, Dow futures are up 45 points to 9,664. The S&P 500 futures are higher by 6 points to 1,047, while the Nasdaq 100 futures are up 9 to 1,706. In earnings news, Cal-Maine Foods (CALM, $27.78) reported aRead more

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Weekly Wrap for 9/27/09

11:40 pm (EST) Market Commentary The bears finally made some noise last week as they sent the market down 2%, on average.  The bulls were making a run at Dow 10,000 and by Wednesday the index rallied to a high of 9,937 shortly after the Fed news. That is exactly when theRead more

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Market Lower Heading Into The Weekend

1:00pm (EST) The market is struggling for direction as we head towards the closing bell.  Unless we get a major turnaround, it looks as though the bears are going to take this week’s round.  The Dow started the week at 9,820 and is down about 170 points, including today’s currentRead 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.