Category Archive for ‘Daily Update’

Bulls Keep Momentum on Continued Fresh Highs

MomentumOptions.com Pre-Market Update for 7/16/2019 Bulls Keep Momentum on Continued Fresh Highs 8:00am (EST) The market was tentative throughout Monday’s session while trading in tight ranges and settling mostly higher as the start of 2Q earnings season heats up. The Financial sector will be the main focus throughout the weekRead more

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MomentumOptions.com New Trades (DBX, VIAV) for 7/15/2019

MomentumOptions.com New Trades (DBX, VIAV) for 7/15/2019 3:45pm (EST) I have 2 New Trades I want to get into ahead of the close so let’s get on it.  New Trades! Dropbox (DBX, $26.12, up $0.25) Buy to Open DBX August 28 calls (DBX190816C00028000, $0.75, up $0.05)  Action: I like these call options atRead more

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Bulls Cap Historic Week but Small-Caps Slack

MomentumOptions.com Pre-Market Update for 7/15/2019 Bulls Cap Historic Week but Small-Caps Slack 8:00am (EST) The market showed continued strength on Friday while setting a fresh round of historic highs on hopes of an imminent rate cut at the end of the month. Fed Chair Jerome Powell did his part toRead more

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Market Settles Mixed as Dow Taps Record High

MomentumOptions.com Pre-Market Update for 7/12/2019 Market Settles Mixed as Dow Taps Record High 8:00am (EST) The market showed momentum for the 2nd-straight session with the blue-chips tapping fresh all-time highs after Fed Chairman Powell all but confirmed a rate cut in his 2nd day of testimony. However, the small-caps traded lowerRead more

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Bulls Tag Fresh All-Time Highs on Rate Cut Hopes

MomentumOptions.com Pre-Market Update for 7/11/2019 Bulls Tag Fresh All-Time Highs on Rate Cut Hopes 8:00am (EST) The market showed strength for the 2nd-straight session while setting fresh all-time highs following hints of a quarter-point rate cut later this month. Fed Chairman Jerome Powell stressed the various uncertainties that were weighingRead more

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MomentumOptions.com New Trades (MRVL, MGM) for 7/10/2019

MomentumOptions.com New Trades (MRVL, MGM) for 7/10/2019 2:00pm (EST) I have 2 New Trades I want to get into so let’s get on it. Marvell Technology (MRVL, $25.06, up $0.50) Buy to Open MRVL August 26 calls (MRVL190816C00026000, $0.50, up $0.11) Action: I like these call options at current levelsRead more

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Dow Down 3-Straight Sessions/ Profit Alerts (T)

MomentumOptions.com Pre-Market Update for 7/10/2019 Dow Down 3-Straight Sessions/ Profit Alerts (T) 8:00am (EST) The market closed mostly higher on Tuesday after spending much of the session underwater and showing caution ahead of Fed Chairman Jerome Powell’s testimony on Wednesday and Thursday. Powell didn’t comment on policy or the economyRead more

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All Eyes on Fed Update/ Profit Alert (VIAV)

MomentumOptions.com Pre-Market Update for 7/9/2019 All Eyes on Fed Update/ Profit Alert (VIAV) 8:00am (EST) The market was weak for a 2nd-straight session as Wall Street awaits testimony from Fed Chairman’s Jerome Powell’s congressional testimony midweek. The start of 2Q earnings season also had investors slightly nervous as estimates haveRead more

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Bulls Get Weekly Win Despite Friday’s Volatility

MomentumOptions.com Pre-Market Update for 7/8/2019 Bulls Get Weekly Win Despite Friday’s Volatility 8:00am (EST) The market closed lower on Friday despite another strong jobs report as the news worried Wall Street that a possible rate cut later this month might not happen. While the overall action was slightly bearish, theRead more

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Bulls Stay Strong

MomentumOptions.com Pre-Market Update for 7/3/2019 Bulls Stay Strong 8:00am (EST) The market settled mostly higher following new trade developments that China would ease foreign financial ownership restrictions in 2020, which is a year earlier than anticipated. While this was a relatively small concession, it was another positive sign the relationshipRead 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.