Category Archive for ‘Daily Update’

January 22, 2021

Small-Caps Slack as Major Indexes Tag Record Highs

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/22/2021 Small-Caps Slack as Major Indexes Tag Record Highs 8:00am (EST) The stock market continued its recent momentum after rallying to fresh record highs again on Thursday despite slightly disappointing economic news. A combination of upbeat earnings and expectations that vaccines, government stimulus and the Fed’sRead more

January 21, 2021

MomentumOptions.com New Trade (WU) for 1/21/2021

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com New Trade (WU) for 1/21/2021 3:00pm (EST) I have a New Trade for today so let’s get on it. New Trade! Western Union (WU, $22.07, up $0.10) Buy to Open WU March 23 calls (WU210319C00023000, $0.65, up $0.05) Action: I like these call options at current levels and youRead more

January 21, 2021

Record Highs Back in Play

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/21/2021 Record Highs Back in Play 8:00am (EST) The stock market tested fresh record highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president. Biden wasted little time turning the page on the Trump era, signing 15 executive actions in the afternoonRead more

January 20, 2021

Bulls Rebound Following 3-Day Weekend

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/20/2021 Bulls Rebound Following 3-Day Weekend 8:00am (EST) The stock market showed strength on Tuesday as Wall Street returned from a long holiday weekend with mounting support for significant fiscal stimulus out of Washington. Comments from incoming Treasury Secretary nominee Janet Yellen helped sentiment after sheRead more

January 19, 2021

Bears Get Weekly Win

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/19/2021 Bears Get Weekly Win 8:00am (EST) The stock market was weak throughout Friday’s session as Wall Street “sold the new” following details of President-elect Biden’s $1.9 trillion “American Rescue Plan.” Despite control of the executive and legislative branches of government, there is to be someRead more

January 15, 2021

Bulls Tap Fresh Record Peaks

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/15/2021 Bulls Tap Fresh Record Peaks 8:00am (EST) The stock market closed mostly lower on Thursday and ahead of President-elect Biden’s announcement after the close on his economic stimulus plans. The major indexes did tap fresh record highs, excluding the S&P 500, with the stimulus packageRead more

January 14, 2021

MomentumOptions.com New Trade (MGM) for 1/14/2021

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com New Trade (MGM) for 1/14/2021 10:00am (EST) I have a New Trade for today so let’s get on it. New Trade! MGM Resorts International (MGM, $30.25, up $0.21) Buy to Open MGM February 34 calls (MGM210219C00034000, $0.80, up $0.05) Action: I like these call options at current levels andRead more

January 14, 2021

Indexes Trade in Tight Ranges to End Mixed

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/14/2021 Indexes Trade in Tight Ranges to End Mixed 8:00am (EST) The stock market closed mixed on Wednesday and ahead the House vote to impeach President Trump for the second time. The ongoing political drama comes ahead of President-elect Biden’s administration stimulus proposals and the promiseRead more

January 13, 2021

Small-Caps Tag Fresh Record High

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/13/2021 Small-Caps Tag Fresh Record High 8:00am (EST) The stock market traded on both sides of the ledger before closing higher on Tuesday and ahead of a congressional vote on a resolution that calls for Vice President Pence to invoke the 25th amendment and removing PresidentRead more

January 12, 2021

Profit Taking Sends Market Lower

by Rick Rouse / No Comments / Posted in Daily Update, Momentum Options

MomentumOptions.com Pre-Market Update for 1/12/2021 Profit Taking Sends Market Lower 8:00am (EST) The stock market backed off from record levels to settle lower on Monday as investors locked in profits following last week’s strong rally and continued run towards all-time highs. News that House Speaker Pelosi is looking to impeachRead more

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.