3:50pm (EST) We have a new alert on one of our favorite stocks from 2024. New Alert! SoFi Technology (SOFI, $18.05, up $0.45) Buy to Open SOFI January 20 calls (SOFI250131C00020000, $0.65, up $0.13) Action: We like these call options at current levels and you can use a Limit OrderRead more
MomentumOptions.com New Alert (SOFI) for 1/23/2025
S&P Hits Fresh Record High
MomentumOptions.com Pre-Market Update for 1/23/2025 S&P Hits Fresh Record High 8:00am (EST) The stock market showed strength for the third-straight session with the Tech sector getting a boost after President Trump announced a $500 billion artificial intelligence (AI) project. Better-than-expected earnings from Netflix (NFLX) also helped sentiment after shares ralliedRead more
MomentumOptions.com New Alert (SONY) for 1/21/2025
Wall Street Buys the Dip
Wall Street Buys the Dip 8:00am (EST) Technical Outlook: https://go.screenpal.com/watch/cTVYVnnfjri The stock market continued its rally off last Monday’s lows with prior resistance levels coming back into focus. Better-than-expected earnings from the Financial sector helped sentiment. The Nasdaq tagged a high of 19,709 while ending at 19,630 (+1.5%). Key resistanceRead more
MomentumOptions.com Alert Update (CSCO) for 1/17/2025
10:05am (EST) We have an update on Cisco Systems (CSCO) following this morning’s strength in the stock. Position Alert! Cisco Systems (CSCO, $60.65, up $0.83) CSCO January 60 calls (CSCO250117C00060000, $0.75, up $0.55) Entry Price: $0.60 (12/24/2024) Exit Target: $1.20 (Limit Order) Return: 25% Stop Target: None Action: Shares haveRead more
CPI Surprises, Stocks Rise
MomentumOptions.com Pre-Market Update for 1/16/2025 CPI Surprises, Stocks Rise 8:00am (EST) The stock market rallied on Wednesday on the start of the fourth-quarter earnings season and better-than-expected economic news. Specifically, the Consumer Price Index (CPI) for December rose 0.2%, a pullback from November’s 0.3% monthly gain. The Nasdaq closed atRead more
MomentumOptions.com New Alert (GT) for 1/15/2025
MomentumOptions.com Alert Update (RKT) for 1/14/2025
MomentumOptions.com Alert Update (RKT) for 1/14/2025 7:45pm (EST) We have an update on Rocket Companies (RKT) following today’s strength in the stock. Position Alert! Rocket Companies (RKT, $11.08, up $0.66) RKT January 13 puts (RKT250117P00013000, $2.00, down $0.70) Entry Price: $0.40 (12/3/2024) Exit Target: $3 Return: 475% Stop Target: $2.30Read more
Volatility Pushing Bulls to the Brink
MomentumOptions.com Pre-Market Update for 1/13/2025 Volatility Pushing Bulls to the Brink 8:00am (EST) Technical Outlook Video: https://go.screenpal.com/watch/cTVX1mnemk4 A strong jobs report whacked Wall Street on Friday as 250,000 jobs were added last month. This was well above forecasts and could prompt the Fed to keep rates higher over the near-term.Read more
MomentumOptions.com New Alert (RKT) for 1/10/2025
11:30am (EST) We have a new alert on a stock that looks poised to test single-digits following an outstanding 2024. New Alert! Rocket Companies (RKT, $10.33, down $0.12) Buy to Open RKT February 10 puts (RKT250221P00010000, $0.55, up $0.05) Action: We like these put options at current levels and youRead more