Category Archive for ‘Daily Update’

Bulls Get Hat Trick

MomentumOptions.com Pre-Market Update for 3/27/2020 Bulls Get Hat Trick 8:00am (EST) The market opened in positive territory to start Thursday’s action despite a nasty jobless claims number that was the worst in history. Focus on the Senate’s $2.2 trillion stimulus package that was passed overnight was enough to keep momentumRead more

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Tech Lags as Bulls Get 2nd-Straight Overall Win

MomentumOptions.com Pre-Market Update for 3/26/2020 Tech Lags as Bulls Get 2nd-Straight Overall Win 8:00am (EST) The market recorded overall back-to-back wins for the 1st time in over a month following the announcement of a phase three deal on a $2 trillion relief package by the Senate. However, the full detailsRead more

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MomentumOptions.com Profit Alert (T) for 3/25/2020

MomentumOptions.com Profit Alert (T) for 3/25/2020 3:10pm (EST) I have a Profit Alert ahead of the close as I want to take advantage of today’s spike in AT&T. AT&T (T, $29.67, up $1.58) T June 30 calls (T200619C00030000, $2.30, up $1.05) Entry Price: $1.05 (3/24/2020) Exit Target: $2.10, raise toRead more

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Bulls Rebound to Snap 2-Session Slide

MomentumOptions.com Pre-Market Update for 3/25/2020 Bulls Rebound to Snap 2-Session Slide 8:00am (EST) The market rebounded on Tuesday following the Fed’s promise of infinite quantitative easing and optimism that a massive U.S. stimulus package would be passed soon. There were numerous reports a deal was close to being agreed uponRead more

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MomentumOptions.com New Trade (T) for 3/24/2020

MomentumOptions.com New Trade (T) for 3/24/2020 12:30pm (EST) I have a New Trade I want to get into so let’s get on it. New Trade! AT&T (T, $27.66, up $0.89) Buy to Open T June 30 calls (T200619C00030000, $1.05, up $0.15) Action: I like these call options at current levelsRead more

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Bears Push New 2020 Lows

MomentumOptions.com Pre-Market Update for 3/24/2020 Bears Push New 2020 Lows 8:00am (EST) The market was choppy throughout Monday’s session after the Fed announced new emergency liquidity measures, which briefly resulted in a sharp rebound off the opening lows. However, efforts to get a fiscal stimulus bill passed over the weekendRead more

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Bears Stay Aggressive on Double-Digit Weekly Pullback

MomentumOptions.com Pre-Market Update for 3/23/2020 Bears Stay Aggressive on Double-Digit Weekly Pullback  8:00am (EST) The market showed strength through most of the morning but started stumbling midday after New York Governor Cuomo said he is instructing all employees in the state who do not work in essential businesses to remainRead more

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Volatility Settles Lower

MomentumOptions.com Pre-Market Update for 3/20/2020 Volatility Settles Lower 8:00am (EST) The market showed continued weakness on Thursday but avoided another round of fresh 52-week lows as weaker-than-expected economic news weighed on sentiment. The impact of the coronavirus starting to show in the labor market but the rebound off the openingRead more

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Bulls Bounce Back but Volatility Remains Extremely Elevated/ New Trade (LLNW)

MomentumOptions.com Pre-Market Update for 3/18/2020 Bulls Bounce Back but Volatility Remains Extremely Elevated/ New Trade (LLNW) 8:00am (EST) The market rebounded on Tuesday following the massive declines on Monday although trading remained choppy amid the relentless uncertainty around the coronavirus. Strength came after the Fed and other parts of theRead more

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Bears Push Fresh 52-Week Lows

MomentumOptions.com Pre-Market Update for 3/17/2020 Bears Push Fresh 52-Week Lows 8:00am (EST) The market was halted at the start of Monday’s action and for the 3rd time in 6 sessions on resurgent coronavirus fears. The fallout started on Sunday night as futures were slammed following the Fed’s emergency 100 basisRead 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.