Category Archive for ‘Financial Stocks’

Flat Action Ahead of Bernanke/ New Trade!!!

12:00pm (EST) Futures were pointing towards a slightly higher open throughout the night after China’s GDP (Gross Domestic Product) met expectations after coming in at 7.5%.  It remains to be seen if this is their “real” number but all signs are pointing towards a slowing China in the coming monthsRead more

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JPMorgan Chase (JPM), Wells Fargo (WFC) on Deck/ New Trade/ Profit Alert (QQQ)!

12:45pm (EST) After a slow start, the bulls have continued their journey to new highs despite multiple downgrades on Microsoft (MSFT, $x28.79, down $1.50) that had dragged on Tech.  Financial stocks are trading slightly higher as the Financial Select Spiders (XLF, $18.60, up $0.10) continue their assault on $20. TwoRead more

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Bulls Looking to End January Strong/ New Trade Alert!

9:00am (EST) “The market was flat on Friday with a little weakness to the downside heading into the second half of trading.  This was normal behavior following the pop past resistance but there was a big development midday that gave the bulls a second wind. There are reports the RedRead more

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Market Flat Heading into Second Half/ New Trade!!!

1:10pm (EST) The bulls got off to a good start this morning as they tried to extend their gains for a second-straight session but the bears have evened things up as we turn the corner. MSC Industrial Direct (MSM, $73.66, down $3.34) is taking a 4% hit after announcing earningsRead more

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MomentumOptionsTrading.com Weekly Wrap for 6/27/10

10:45pm (EST) The bulls tried to rally on Friday after four days of punishment by the bears but were unable to bring the Dow into positive territory by the close.  The Nasdaq and S&P 500 were able to escape with a slight gain but overall the bears dominated the week. The marketRead more

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MomentumOptionsTrading.com Weekly Wrap for 4/18/10

11:00pm (EST)    The bears finally came to life on Friday but if it weren’t for the Goldman Sachs (GS, $160.70, down $23.57) headline they might still be sleeping.  The market got a slew of earnings news that was mostly good and was handling the Google (GOOG, $550.15, down $45.15) sell-off well asRead more

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MomentumOptionsTrading.com Weekly Wrap for 1/18/10

8:00pm (EST) It was a tough Friday for the bulls as the market suffered its worst decline for 2010 despite some solid earnings reports.   The Dow fell 100 points for the day, erasing all of its gains for the week to close at 10,609.  The index reached a high ofRead more

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Weekly Wrap for 9/7/09

11:00pm (EST) 1. Commentary 2. Imax Could Be A Wildcard 3. Earnings 4. Current Trades 5. Closing Thoughts ************************************************** 1. Commentary The market was on pins and needles all week as all eyes were on “the number” before the bell on Friday.  It was a choppy week that started offRead more

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Weekly Wrap for 8/23/09

11:30pm (EST) 1. Commentary 2. Checking in on the VIX  3. Baltic Dry Index Continues To Tank 4. Earnings 5. Current Trades 6. Closing Thoughts ************************************************* 1. Commentary The bears started the week as if they were serious but the bulls made it clear they weren’t going anywhere last weekRead more

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Weekly Wrap for 8/16/09

1. Commentary 2. Allocating Option Trades       3. Putting a Collar Option on Your Investments 4. Earnings 5. Current Trades      6. Closing Thoughts ************************************************** 1. Commentary The bulls had their four-week winning streak snapped as the bears took last week’s battle.   Much of the beginning of the week wasRead 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.