Category Archive for ‘Company Commentary’

February 11, 2014

Bulls Stall at Resistance

by mome2143 / Posted in Trading Tips, Trading Psychology, Money Management, Daily Update, Company Commentary, Watch Lists

9:00am (EST) We mentioned Monday could be flat as Wall Street waffled on what Fed Chair Janet Yellen might say today. To no surprise, the indexes finished right at the resistance targets we outlined and bets will be made today on where the market heads from here. (continued…) **************** OurRead more

January 21, 2014

MomentumOptionsTrading.com Weekly Wrap Profit Alert for 1/21/2014

by mome2143 / Posted in Company Commentary, Momentum Stocks Weekly

2:25pm (EST) We have action to take on a trade in our Weekly Wrap newsletter that has returned our subscribers 189%. We recommended the stock at $2.12 back in July 2013 and the 6-month run has been a fun ride. However, the recent volatility has caused us to lock-in profitsRead more

January 16, 2014

Best Buy (BBY) Crumbles on Weak Sales, Options Zoom 1,300%

by mome2143 / Posted in Earnings, Company Commentary, Daily Update, Sectors

1:35pm (EST) Shares of Best Buy (BBY, $27.20, down $10.37) are down 28% today after the company posted weaker-than-expected holiday sales. There have been a number of analyst upgrades on the rocket ride from a 52-week low of $13-and change to a 52-week peak north of $44 but they areRead more

January 16, 2014

MomentumOptionsTrading.com Weekly Wrap Profit Alert (BSX) for 1/16/2014

by mome2143 / Posted in Company Commentary, Momentum Stocks Weekly, Trade Update

11:50am (EST) We have a Profit Alert for our Weekly Wrap as we are locking-in a nice double-digit gain on Boston Scientific (BSX, $13.62, up $0.28). Shares are setting fresh 52-week peaks and we went long with the January 13 calls (BSX140118C00013000, $0.62, up $0.25) when the stock was justRead more

January 13, 2014

4Q Earnings Season Heats Up/ Profit Alert/ New Trade!!!

by mome2143 / Posted in Company Commentary, Momentum Stocks Weekly

12:35pm (EST) Unlike most people, we love Monday’s as it represents a fresh week and a new start as the market reopens for trading. While we do enjoy our weekends, our Sunday’s are spent researching the market, drawing charts, and looking for new trade ideas. We often stay up untilRead more

December 12, 2013

Witch Hunt on JPMorgan (JPM) Continues

by mome2143 / Posted in Daily Update, Company Commentary

12:20pm (EST) Like the New England Patriots, nobody ever feels sorry for JPMorgan Chase (JPM, $56.14, up $0.07) but sometimes injuries and ruthlessness are just too hard to ignore and make you want to pull for them. We have always thought of JPMorgan as a solid company with a superRead more

December 11, 2013

Zombies Strike a Deal/ MasterCard (MA) Increases Dividend/ Splits Stock

by mome2143 / Posted in Daily Update, Market Analysis, Company Commentary

12:25pm (EST) The zombies struck a deal late Tuesday to avoid a government shutdown in January but the reaction may have already been priced into the market. The budget deal set spending limits for the next 2 years and replaces some automatic spending cuts but was viewed more as aRead more

November 1, 2013

Whacky Week Still Up For Grabs/ Sony (SNE) Continues to Tank/ New Trade!!!

by mome2143 / Posted in Momentum Stocks Weekly, Market Commentary, Market Analysis, Company Commentary

12:55pm (EST) The bulls are trying to reclaim the weekly lead but if current levels hold the bears will get the weekly win – but not by much. Of course, there is still another half of trading to go and anything can happen, including lower lows or a rebound toRead more

August 5, 2013

Dendreon (DNDN) Soars as Earnings Approach

by mome2143 / Posted in Daily Update, Company Commentary

12:55pm (EST) Although the heart-and-soul of the major companies have already reported Q2 earnings results, there are a number of high-profile players reporting this week. We have a few trades for our Daily and Weekly Wrap that will be impacted, hopefully to the upside, and one of them is DendreonRead more

July 17, 2013

Bulls, Bears and Zombies

by mome2143 / Posted in Market Commentary, Daily Update, Company Commentary

9:00am(EST) There was some nervousness on Tuesday ahead of Helicopter Ben’s testimony on quantitative easing (QE) before the zombies today (and tomorrow). The Fed Chairman has become the E.F. Hutton because when Bernanke talks Wall Street and the world listen. The commercials for E.F.’s advisory services were timeless and classicRead more

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