Category Archive for ‘Daily Update’

MomentumOptions.com Profit Alert (T) for 6/10/2024

3:30pm (EST) We have another Profit Alert for AT&T (T) as shares are showing weakness again today. Profit Alert! AT&T (T, $17.85, down $0.25) T July 18 calls (T240719C00018000, $0.35, down $0.10) Entry Price: $0.30 (5/31/2024) Exit Target: $0.60 Return: 17% Stop Target: 35 cents (Stop Limit) Action: The StopRead more

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Market Up Over 30% From October Market Lows

MomentumOptions.com Pre-Market Update for 6/10/2024 Market Up Over 30% From October Market Lows 8:00am (EST) Video https://go.screenpal.com/watch/cZ16ecVNUGJ Commentary Despite Friday’s negative close, the bulls wrapped up a solid week with the the S&P setting a fresh record high. The gains reignited bullish readings for the index and the Nasdaq, withRead more

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Nasdaq Breaks Out to Fresh All-Time Highs

MomentumOptions.com Pre-Market Update for 6/6/2024 Nasdaq Breaks Out to Fresh All-Time Highs 8:00am (EST) Commentary The stock market rallied on Wednesday while setting fresh all-time highs despite job openings falling to their lowest level since February 2021. Specifically, there were 8.06 million jobs open at the end of April, downRead more

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MomentumOptions.com New Trade (TEVA) for 6/3/2024

9:40am (EST) We have a New Trade on another one of our favorite stocks that saw heavy call volume on Friday. New Trade! Teva Pharmaceuticals (TEVA, $17.18, up $0.25) Buy to Open TEVA July 18 calls (TEVA240719C00018000, $0.35, up $0.05) Buy to Open TEVA July 19 calls (TEVA240719C00019000, $0.15, upRead more

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S&P Holds 50-Day Moving Average

MomentumOptions.com Pre-Market Update for 6/3/2024 S&P Holds 50-Day Moving Average 8:00am (EST) Video https://go.screenpal.com/watch/cZ1enNVNQTC Commentary The stock market was mostly higher on Friday with a final hour rally nearly lifting Tech into positive territory. There was some choppiness throughout the session after the 0.2% rise in the Personal Consumption ExpendituresRead more

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MomentumOptions.com New Trade (T) for 5/31/2024

10:25am (EST) We have a New Trade on a stock that could regain momentum and make a push towards our $20 Price Target by mid-summer. New Trade! AT&T (T, $17.75, up $0.13) Buy to Open T July 18 calls (T240719C00018000, $0.30, up $0.03) Action: We like these call options atRead more

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Dow Remains Below 50-Day Moving Average

MomentumOptions.com Pre-Market Update for 5/30/2024 Dow Remains Below 50-Day Moving Average 8:00am (EST) Commentary The stock market fell on Wednesday as a spike in Treasury yields weighed on sentiment. The 2-year treasury yield, which has added about 10 basis points over the past week, approached 5% and an area whereRead more

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MomentumOptions.com New Trade (PBR) for 5/29/2024

2:25pm (EST) We have a New Trade on one of our favorite stocks so let’s go check the tape. New Trade! Petróleo Brasileiro (PBR, $15.12, down $0.13) Buy to Open PBR July 16 calls (PBR240719C00016000, $0.25, down $0.03) Action: We like these call options at current levels and you canRead more

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MomentumOptions.com Profit Alert (T) for 5/29/2024

1:55pm (EST) One of our current trades has pulled back today, triggering our Stop Limit. Profit Alert! AT&T (T, $17.18, down $0.09) T June 17 calls (T240621C00017000, $0.45, down $0.05) Entry Price: $0.35 (4/16/2024) Exit Target: $1.05 Return: 37% Stop Target: 48 cents (Stop Limit) Action: The Stop Limit atRead more

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All-Time Highs Remain in Play

MomentumOptions.com Pre-Market Update for 5/27/2024 All-Time Highs Remain in Play 8:00am (EST) Video https://go.screenpal.com/watch/cZhtfjVL7IK Commentary The stock market rebounded on Friday but ended the week mixed with Tech showing the most strength. Volatility remained somewhat elevated but not alarming after the bears pushed a retest to the current downtrend channelRead 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.