Category Archive for ‘Futures’

February 10, 2014

Market Gellin’ for Yellen/ New Trade!!!

by mome2143 / Posted in Trade Update, Market Analysis, Momentum Stocks Weekly, Futures, Market Commentary

1:30pm (EST) Futures were showing a slightly mixed open for Wall Street today when we were doing our chart work last night and remained that way ahead of the European open. Futures were slightly weaker ahead of the opening bell and suggested today could be a wait-and-see session with flatRead more

December 19, 2013

Fed Does a Tap Dance, Market Surges to Record Highs

by mome2143 / Posted in Daily Update, Market Analysis, Economic News, Futures

9:00am (EST) We mentioned Big Ben could be the wild card in the Fed’s final decision to taper or not to taper and Bernanke did what most on Wall Street figured he wouldn’t do. He slowed down the printing presses as the Fed cut back on its monthly bond purchasesRead more

December 16, 2013

Bulls Get a Gift

by mome2143 / Posted in Earnings, Futures, Market Analysis, Economic News, Daily Update

12:05pm (EST) It is always the darkest before dawn and when we hit the rack last night after finishing the Weekly Wrap, it appeared the bears would continue their assault on the bulls. Futures were down big-time following weak economic data out of China last night as their PMI (PurchasingRead more

September 6, 2013

Bears Say Not so Fast

by mome2143 / Posted in Market Analysis, Economic News, Watch Lists, Weekly Wrap RR, Covered Calls, Futures, Market Commentary, Trading Tips, Daily Update, Earnings, Trading Psychology

1:05pm (EST) Futures were slightly weak as we hit the rack last night ahead of the European open suggesting a lower open this morning but had recovered ahead of this morning’s Nonfarm Payroll report. Wall Street certainly traded off the headlines as the Unemployment Rate dropped to 7.3% from 7.4%Read more

July 15, 2013

Flat Action Ahead of Bernanke/ New Trade!!!

by mome2143 / Posted in Economic News, Financial Stocks, Momentum Stocks Weekly, China, Futures, Earnings

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

May 9, 2013

Bulls Continue Streak

by Rick Rouse / Posted in Daily Update, Market Analysis, Market Commentary, Futures

9:00am (EST) The first day of May belonged to the bears buts it has been all bulls and no bull since as they ran their current winning streak to 5-straight session following Wednesday’s push higher. There was some early morning and a late day pullback off the highs but theRead more

February 12, 2013

Market Slips a Smidge

by Rick Rouse / Posted in Earnings, Market Analysis, Financial Stocks, Market Commentary, Futures, Daily Update

9:00am(EST) The market traded lower on Monday ahead of this week’s big events as the bears tried to find an opening to slow down the bulls momentum. Much of the action stayed south of the boarder and the few attempts to turn green were brushed back, including the one inRead more

November 15, 2012

We Can Work it Out

by Rick Rouse / Posted in Daily Update, Market Analysis, Market Commentary, Futures

9:00am (EST) The President did his best Beatle’s impersonation but it didn’t help the market. The bulls made another feeble attempt at resistance and were hoping for some good news on the Cliff. Instead, the bears pushed them over it leaving the bulls hanging by a thread. The DowRead more

October 16, 2012

Trading Range Continues as Bulls Push Resistance, 2 NEW TRADES!

by Rick Rouse / Posted in Momentum Stocks Weekly, Trade Update, Futures, Economic News

12:10pm(EST) Futures were showing a higher open throughout the night as they were up ahead of the European open and got stronger before the start of trading here at home. The bulls have managed to push resistance that was prior support as the indexes are up nearly 0.75%, on average.Read more

May 23, 2012

Bears Have Another, Facebook (FB) Getting Zuckerberged

by Rick Rouse / Posted in Market Analysis, VIX, Market Commentary, Futures, Daily Update

9:00am (EST) Yesterday’s market action reminded us of Saturday’s Preakness horse race as the bears “had another” to claim the photo-finish win. The bulls led the entire session as the Dow and S&P were looking to make it back-to-back wins for the first time since late April but the bearsRead 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.