Category Archive for ‘Daily Update’

Bulls Regain Momentum/ Trade Alerts (CSCO, VIAV)

MomentumOptions.com Pre-Market Update for 8/13/2020 Bulls Regain Momentum/ Trade Alerts (CSCO, VIAV) 8:00am (EST)   The market rebounded on Wednesday as better-than-expected economic news outweighed the ongoing stalemate in Congress over a stimulus package.  The Nasdaq snapped a 3-session slide after surging 2.1% while testing a late day peak of 11,036.Read more

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Late Selling Pressure Erases Strong Gains

MomentumOptions.com Pre-Market Update for 8/12/2020 Late Selling Pressure Erases Strong Gains 8:00am (EST)  The market showed continued momentum on Tuesday following news President Trump is seriously considering a capital gains tax cut. Indications stimulus talks in Congress will resume with unemployment benefits being released in a few weeks also helpedRead more

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S&P Nears Record High, Tech Lags

MomentumOptions.com Pre-Market Update for 8/11/2020 S&P Nears Record High, Tech Lags 8:00am (EST)  The market settled mostly higher on Monday as Congress remains in a stalemate over the next fiscal package, while President Trump issued executive orders to extend unemployment benefits over the weekend.  The blue-chips led the way higherRead more

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MomentumOptions.com New Trades (T) for 8/10/2020

MomentumOptions.com New Trades (T) for 8/10/2020 3:40pm (EST) I have a New Trade this afternoon so let’s get on it. New Trade! AT&T (T, $30.19, up $0.17) Buy to Open T September 31 calls (T200918C00031000, $0.50, up $0.03) Action: I like these call options at current levels and you canRead more

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Small-Caps Shine in Lackluster Action/ Profit Alert (EEM)

MomentumOptions.com Pre-Market Update for 8/10/2020 Small-Caps Shine in Lackluster Action/ Profit Alert (EEM) 8:00am (EST)  The market struggled throughout much of Friday’s session as uncertainty surrounding prospects for another aid bill from Washington outweighed a better-than-expected jobs report. By the end of the day, no deal was made as theRead more

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Nasdaq Records 4th-Straight Record Close

MomentumOptions.com Pre-Market Update for 8/7/2020 Nasdaq Records 4th-Straight Record Close 8:00am (EST)  The market traded in a tight range throughout the first half of Thursday’s action despite a better-than-expected jobs report. Momentum came back into play after President Trump indicated his administration is still working on a stimulus package inRead more

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Nasdaq Clears 11,000

MomentumOptions.com Pre-Market Update for 8/6/2020 Nasdaq Clears 11,000 8:00am (EST)  The market showed strength for the 4th-straight session on signs of a stimulus deal being reached by Friday. President Trump has indicated he will go it alone on the payroll tax cut if he has to and is not includedRead more

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Bulls Run Winning Streak to 3-Straight

MomentumOptions.com Pre-Market Update for 8/5/2020 Bulls Run Winning Streak to 3-Straight 8:00am (EST)  The market opened slightly lower on Tuesday while trading in tight ranges as concern over the stalemate in Washington on the relief package and ongoing U.S./ China frictions weighed on sentiment. White House and Democratic party leadersRead more

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Fresh Money Pushes Nasdaq to Record High

MomentumOptions.com Pre-Market Update for 8/4/2020 Fresh Money Pushes Nasdaq to Record High  8:00am (EST)  The market settled higher on Monday as mostly upbeat economic news and corporate earnings fueled sentiment. Hopes of a fresh stimulus package remain in play although Congress continues to struggle on finalizing a new fiscal reliefRead more

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MomentumOptions.com New Trades (RMBS, WU) for 8/3/2020

MomentumOptions.com New Trades (RMBS, WU) for 8/3/2020 10:50am (EST) I have 2 New Trades this morning so let’s get on it. New Trades! Rambus (RMBS, $15.15, up $0.39) Buy to Open RMBS September 15 calls (RMBS200918C00015000, $0.90, up $0.20) Action: I like these call options at current levels and youRead 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.