Category Archive for ‘Covered Calls’

November 21, 2013

Bulls Bounce Back/ Profit Alert!!!

by mome2143 / Posted in Earnings, Momentum Stocks Weekly, Covered Calls

1:30pm (EST) Futures were slightly lower ahead of the open overseas and hinted to more weakness here at home but had steadily improved ahead of Wall Street’s open this morning. Economic news has been slightly mixed but is helping the bulls make up for 3 days of losses with today’sRead more

September 6, 2013

Bears Say Not so Fast

by mome2143 / Posted in Economic News, Watch Lists, Weekly Wrap RR, Covered Calls, Futures, Market Commentary, Trading Tips, Daily Update, Earnings, Trading Psychology, Market Analysis

1:05pm (EST) Futures were slightly weak as we hit the rack last night ahead of the European open suggesting a lower open this morning but had recovered ahead of this morning’s Nonfarm Payroll report. Wall Street certainly traded off the headlines as the Unemployment Rate dropped to 7.3% from 7.4%Read more

September 4, 2013

MomentumOptionsTrading.com Weekly Wrap New Trade for 9/4/2013

by mome2143 / Posted in Momentum Stocks Weekly, Weekly Wrap RR, Covered Calls

1:15pm (EST) There were a few trades we were looking at establishing positions in this week for our Weekly Wrap. One was a long play, the other was a short trade. Believe it or not, we wanted to get into JC Penney (JCP, $13.52, up $0.80) on Tuesday’s open butRead more

August 27, 2013

Lower Fibonacci Levels Trigger/ Profits Alerts

by mome2143 / Posted in Daily Update, Trade Update, Market Analysis, Option Trades, Covered Calls

12:35pm (EST) We knew coming into the week there was a good chance the market could trade lower if the bulls failed at resistance and if they did we would need to protect profits. We have some nice gains going for our Daily as we cashed out the other halfRead more

April 25, 2013

SPECIAL OFFER!/ S&P Testing All-Time Highs/ Amazon (AMZN) After the Bell/ New Trade!

by Rick Rouse / Posted in Covered Calls, Market Commentary, BioTech, Earnings, Market Analysis, Economic News, Momentum Stocks Weekly

12:40pm (EST) The bulls are pushing all-time highs ahead of tomorrow’s GDP (Gross Domestic Product) report and all signs are pointing to a break out of the current trading range to new highs or a pullback and a test back down to the bottom of the trading range. Amazon.com (AMZN,Read more

April 12, 2013

Market Pulls Back, Gold Getting Whacked

by Rick Rouse / Posted in Daily Update, Market Analysis, Covered Calls, Market Commentary

1:05pm (EST) The bears are making a little noise following weaker-than-expected economic news and over concerns that Cyprus might ask for another bailout over the weekend. The bulls have had a strong week and today’s pullback hasn’t hurt the overall gains but there a few levels of support we wouldRead more

February 13, 2013

MomentumOptionsTrading.com Weekly Wrap New Trade for 2/13/13

by Rick Rouse / Posted in Momentum Stocks Weekly, Covered Calls

12:00pm (EST) We have action to take on 2 of our current trades for the Weekly Wrap. We are on track for mid to upper double-digit gains and we want to sell a few call options against our positions to lower our cost basis. We also have a NEW TRADERead more

January 24, 2013

Netflix (NFLX) Options Zoom 4,000%/ S&P Trips 1,500/ Profit Alert (CHRW)

by Rick Rouse / Posted in Market Analysis, Stock Earnings, Strategies, Momentum Stocks Weekly, Option Trades, Covered Calls, Market Commentary

12:25pm (EST) We mentioned this week would produce some nice earnings trades and one we failed to capitalize on was Netflix (NFLX, $142.82, up $39.56) which is up a whopping 38% today. The company did the exact opposite of Wall Street expected as they reported a profit of 13 centsRead more

December 7, 2012

Special Offer Membership and Chance to Win an iPad

by Rick Rouse / Posted in Economic News, Politics, Company Commentary, Mergers and Acquisitions, Apple, Daily Update, Option Trades, China, Earnings, Covered Calls, IPOs, Market Commentary, Market Analysis, Entertainment Stocks, Oil, BioTech, Commodities, Money Management

12:05pm (EST) We love Christmas time as it is our favorite holiday of the year. It is nice to receive cards, letters, and gifts but it is more about caring. Our subscribers mean a lot to us and every year we offer a huge discount on yearly memberships because weRead more

October 24, 2012

Bulls Recover but Tech Lagging

by Rick Rouse / Posted in Earnings, Weekly Wrap RR, Covered Calls, Daily Update

12:30pm (EST) The bulls are trying to recover from Tuesday’s drubbing and have done a good job of holding positive territory today. However, there has been a little red and the gains have been marginal as the bears still look hungry. Tech has been the weakest index but there areRead more

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