MomentumOptions.com Pre-Market Update for 11/18/2019 Fresh All-Time Highs Trigger into Closing Bell 8:00am (EST) The market surged to fresh all-time and closing highs on Friday following optimistic comments from White House economic adviser Larry Kudlow. He said trade talks with China are coming down to the short strokes and thatRead more
MomentumOptions.com New Trade (T) for 11/15/2019 11:30am (EST) I have another New Trade on a familiar name I want to get into today. New Trade! AT&T (T, $39.24, up $0.28) Buy to Open T December 40 calls (T191220C00040000, $0.36, up $0.04) Buy to Open T January 40 calls (T200117C00040000, $0.63,Read more
MomentumOptions.com Pre-Market Update for 11/15/2019 Another Lackluster but Bullish Session 8:00am (EST) The market were sluggish for the 6th-straight session after trading on both sides of the ledger following another update from Fed Chairman Jay Powell and other Fed heads. Powell once again talked up the economy while saying FedRead more
MomentumOptions.com New Trade (BSX) for 11/14/2019 3:50pm (EST) I have a New Trade I want to get into so let’s get on it. New Trade! Boston Scientific (BSX, $41.58, up $0.17) Buy to Open BSX January 43 calls (BSX200117C00043000, $1.20, up $0.05) Action: I like these call options at currentRead more
MomentumOptions.com Pre-Market Update for 11/14/2019 Blue-Chips Tap Fresh All-Time High 8:00am (EST) The market opened lower to start Wednesday’s session as Wall Street prepared for the public impeachment inquiry proceedings along and comments from Fed Chairman Jerome Powell. There was nothing surprising in Powell’s prepared remarks although the market reboundedRead more
MomentumOptions.com Pre-Market Update for 11/13/2019 Nasdaq, S&P 500 Tap Another Round of Record Highs 8:00am (EST) The market continued their assault on all-time highs ahead of President Trump’s speech on trade policy at the Economic Club of New York. There was no fresh news on the U.S./ China trade frontRead more
MomentumOptions.com Pre-Market Update for 11/12/2019 Dow Tags 3rd-Straight Record Close 8:00am (EST) The market was sluggish throughout Monday’s session as trade tensions between the U.S. and China remained in focus. Over the weekend, President Trump said the U.S. would only make a deal with China if it was right forRead more
MomentumOptions.com Pre-Market Update for 11/11/2019 Bulls Tap Another Round of Closing Highs 8:00am (EST) The market was sluggish on Friday’s open following disappointing economic news and ongoing trade developments concerning rolling back American tariffs on Chinese imports. President Trump said the U.S. hasn’t agreed to a rollback of tariffs onRead more
MomentumOptions.com Pre-Market Update for 11/8/2019 Record Highs Back in Play 8:00am (EST) The market resumed its run at record highs on Thursday following news the U.S. and China have agreed in principle to roll back some tariffs amid progress on the Phase One trade deal. Solid earnings continue to pourRead more
MomentumOptions.com New Trades (CSC0, VIAV) for 11/7/2019 2:45pm (EST) I have 2 New Trades I want to get into so let’s get on it. New Trades! Cisco Systems (CSCO, 48.46, up $0.19) Buy to Open CSCO January 50 calls (CSCO200117C00050000, $1.20, up $0.03) Action: I like these call options atRead more
