Category Archive for ‘Google’

Blog 500!

Well folks, its been nearly a year since we started the blog and today’s entry is my 500th. I guess that means one or two things. I talk too much or there has been a lot going on with the market. I guess you could say both but what isRead more

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Sohu.com Helps Google Continue Its Rally

Sohu.com (SOHU, $49.30, up $3.69) is up 8% today after announcing earnings that beat Wall Street’s expectations. The Chinese Internet company reported revenue of $121.6 million, up from $65.3 versus last year’s fourth quarter. Net income came in at $56.6 million, or $1.45 a share, compared with $15.1 million, orRead more

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Google Earth Creating Buzz

Google (GOOG, $340.25, up $1.72) is set to unveil its updated Google Earth in a few hours and Wall Street is eagerly awaiting the update. The Google Earth mapping software is one of the most popular free downloads available but what the new Google Earth will soon be able toRead more

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Google Up, Time To Short

Google (GOOG, $277.68, up $20.24) is trading higher this morning after saying it is “significantly” reducing the number of contract workers it uses, but has no plans at this time to lay off its own employees. Wall Street is applauding the news but I think it represents a great timeRead more

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Update on AZO, ANF, AAPL, GOOG, BIDU

Here are some updates on the trades we are following. AutoZone (AZO, $86.93, down $7.32) November 95 puts (AZOWS, $8.60, up $4.80) were profiled at 90 cents and traded as low as 75 cents on Tuesday. Sell them right now. If you were brave enough to roll with these NovemberRead more

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Google Continues Lower

The bubble gum used on Google’s (GOOG, $284.12, down $6.88) attempt to hold the $300 dam did not hold yesterday as the bears gushed in. The stock had been testing new 52-week lows and $300 was providing the last line of support for Google. Now that shares are below thatRead more

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Google Testing $300

Google (GOOG, $304.92, down $6.54) has been hovering the $300 mark for the past couple of days and it looks as though it’s just a matter of time before the stock falls below this level. Google is at a three-year low after a couple of analysts downgraded the stock thisRead more

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Yahoo Jumps Despite Google Changing Mind

Yahoo (YHOO, $13.92, up $0.57) was back in the news again on Wednesday. The stock had a strong day despite the fact that Google (GOOG, $342.24, down $24.70) backed out of its advertising outsourcing agreement with the company. At one point, Yahoo traded as high as $14.84. There were manyRead more

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Google Option Strangle Update

Google (GOOG, $323.66, down $15.51) and 24 hours later the trade is showing a 30% profit. Google is set to announce earnings after the bell so we can expect more volatility. The October 400 calls (GOPJT, $2.40, down $1.60) were at $5.10 and the October 290 puts (GGDVR, $9.00, upRead more

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Market Stumbles Once Again

After taking one big step forward, the market took two steps back on Wednesday as the Dow fell 733 points, or 7.9%, to close at 8,577. Of course, we are not surprised because we have been preparing for it. Yesterday’s downfall was blamed on bad retail sales data as SeptemberRead 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.