Category Archive for ‘Daily Update’

Real Goods Solar Lacks IPO Punch

Apple's Knock, Knock, Knocking…

Carl Icahn Targets Yahoo

Billionaire investor Carl Icahn is at it again. The word on the street is Mr. Icahn is considering launching a proxy fight at Yahoo (YHOO, $26.56, up $1.30) after building a significant position in the company. After buying as much as 50 million shares, the plan is to replace allRead more

More

Wal-Mart Slips Despite Strong 1Q

The market is always looking ahead. Even after a solid 1Q on higher sales and profits, Wal-Mart Stores (WMT, $56.65, down $1.37) spooked Wall Street after giving cautious 2Q guidance. The company reported income of $3.02 billion for the quarter, up nearly 7% from $2.82 billion, versus the same periodRead more

More

Retail Report Mixed

The market tried to extend yesterday’s gains this morning after a better-than-expected retail sales reading but is trading slightly lower after digesting the news. The Commerce Department said US retail sales showed a 0.2% drop but was better than the 0.3% decline forecast by Wall Street. The real problem cameRead more

More

Retail Report Key for Market Today

Although the market had a good day on Monday, the US dollar fell against the euro ahead of what many are expecting will be a weak report on US retail sales this morning. A weak report would highlight the obvious – a slow and sputtering economy. We could get aRead more

More

Energy Conversion Devices Continues Higher

It looks like Energy Conversion Devices (ENER, $51.62, up $3.88) has turned things around after hitting another 52-week high today. The stock was at $35 before the company announced earnings last Thursday and closed that day $15 higher after reporting a profit for its third-quarter and offering strong fourth-quarter revenueRead more

More

RIMM Hitting New Highs

Research in Motion (RIMM, $141.69, up $8.92) is having a stellar day, hitting an all-time high of $143 earlier in the session. The company unveiled its latest BlackBerry model dubbed, the Bold, which was its first major new model in over a year. The phone is expected to compete directlyRead more

More

Market Recap

The market took a break from its four-week winning streak and traded lower last week. The pullback wasn’t surprising as investors had little faith the market would break through resistance levels. The fact that oil closed at a record $126 a barrel after making new highs all week was perhapsRead more

More

What's Wrong With Pfizer?

It’s hard to believe but Pfizer (PFE, $19.91, down $0.06) is below $20 again. After months of treading water above $20, the stock will now try to hold down the high teens. Pfizer has been in a 5-year downtrend after hitting a high of nearly $50 in 2000. The companyRead more

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.