Category Archive for ‘Daily Update’

Bulls Bounce Back in Choppy Trading

MomentumOptions.com Pre-Market Update for 1/18/2022 Bulls Bounce Back in Choppy Trading 8:00am (EST) The stock market rebounded on Friday despite uninspiring bank earnings to kickoff the start of the fourth-quarter season. Disappointing data on retail sales and consumer sentiment also weighed on sentiment before a late day rally gave theRead more

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MomentumOptions.com Profit Alert (CMCSA) for 1/14/2022

MomentumOptions.com Profit Alert (CMCSA) for 1/14/2022 11:50am (EST) I have another Profit Alert this morning as we now have a nice 6-0 start for 2022. Although the gains weren’t as much as I had hoped for, we can revisit the stock next week, or to look to open new positions.Read more

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Fed Officials Spook Wall Street

MomentumOptions.com Pre-Market Update for 1/14/2022 Fed Officials Spook Wall Street 8:00am (EST) The stock market reversed course on Thursday after a number of Fed officials talked about inflation and interest rate hikes. Much of the chatter focused on the Fed likely starting to raise rates in March along with theRead more

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Bulls Stay Strong Despite Inflation Data/ Profit Alert (CSCO)

MomentumOptions.com Pre-Market Update for 1/13/2022 Bulls Stay Strong Despite Inflation Data/ Profit Alert (CSCO) 8:00am (EST) The stock market was choppy on Wednesday after opening higher despite another disappointing report on inflation. The consumer price index rose to a 7% year-over-year rate for December, marking the fastest increase in 40Read more

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MomentumOptions.com New Trade (GOLD) for 1/12/2022

MomentumOptions.com New Trade (GOLD) for 1/12/2022 12:30pm (EST) I have a new trade this afternoon so let’s go check the tape. New Trade! Barrick Gold (GOLD, $18.93, up $0.07) Buy to Open GOLD February 19 calls (GOLD220218C00019000, $0.70, down $0.02) Action: I like these call options at current levels andRead more

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Nasdaq Recovers 15,000 Level

MomentumOptions.com Pre-Market Update for 1/12/2022 Nasdaq Recovers 15,000 Level 8:00am (EST) The stock market shrugged off a weak open on Tuesday as Wall Street awaited testimony from Federal Chairman Powell. The major indexes began to show strength after Powell said if the pace of price increases fails to slow, theRead more

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Nasdaq Tests 200-Day Moving Average

MomentumOptions.com Pre-Market Update for 1/11/2022 Nasdaq Tests 200-Day Moving Average 8:00am (EST) The stock market showed continued weakness on Monday with the S&P 500 falling for the fifth-straight session. The technical damage was somewhat severe as the major indexes tested and closed below their 50-day and 200-day moving averages. TheRead more

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MomentumOptions.com Profit Alert (F) for 1/10/2022

MomentumOptions.com Profit Alert (F) for 1/10/2022 12:35pm (EST) I have another Profit Alert on Ford as the raised Stop Limit has been triggered. The total return was just under 200%. Profit Alert! Ford (F, $23.62, down $0.82) F February 23 calls (F220218C00023000, $1.90, down $0.60) Entry Price: $0.72 (12/27/2021) ExitRead more

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Jobs Report Disappoints

MomentumOptions.com Pre-Market Update for 1/10/2022 Jobs Report Disappoints 8:00am (EST) Wall Street fell on Friday following a disappointing jobs report with Tech closing out its worst week since last February. Non-farm payrolls checked in at 199,000 versus forecasts for a gain of 450,000. The unemployment rate dipped to 3.9% fromRead more

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MomentumOptions.com New Trade (CSCO) for 1/7/2022

MomentumOptions.com New Trade (CSCO) for 1/7/2022 1:30pm (EST) I typically don’t recommend weekly options but today’s trade is on a stock that appears to have bottomed and could make a quick return to fresh 52-week highs. These are “cheap” options as I want to keep our risk exposure to aRead 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.