MomentumOptions.com Pre-Market Update for 10/7/2020 Late Day Trump Tweet Rattles Wall Street 8:00am (EST) The stock market was choppy throughout much of Tuesday’s action despite a decent jobs report that showed nearly 6.5 million openings. The small-caps were cruising after surging past prior resistance levels from early August while Tech
Late Day Trump Tweet Rattles Wall Street
MomentumOptions.com New Trade (VIAV) for 7/13/2020
MomentumOptions.com New Trade (VIAV) for 7/13/2020 2:35pm (EST) I have a New Trade for today so let’s get on it. Viavi Solutions (VIAV, $13.06, up $0.15) Buy to Open VIAV August 14 calls (VIAV200821C00014000, $0.60, up $0.15) Action: I like these call options at current levels and you can use
Bulls Get 2nd-Straight Win Despite Opening Selloff
MomentumOptions.com Pre-Market Update for 6/16/2020 Bulls Get 2nd-Straight Win Despite Opening Selloff 8:00am (EST) The market opened Monday’s session on the south side after the bears regained short-term momentum following last week’s selloff. The tentiveness came on light economic news and ongoing concerns over the rising number in coronavirus cases.
Bulls Set Another Round of Record Highs
MomentumOptions.com Pre-Market Update for 2/7/2020 Bulls Set Another Round of Record Highs 8:00am (EST) The market extended their winning streak to 4-straight after notching fresh record highs on Thursday. The return to risk that has driven the rally in stocks has been supported by hopes that the coronavirus will be
MomentumOptions.com New Trade (PFE) for 1/23/2020
MomentumOptions.com New Trade (PFE) for 1/23/2020 3:15pm (EST) I have a New Trade I want to get into ahead of the closing bell so let’s get on it. New Trade! Pfizer (PFE, $40.65, up $0.46) Buy to Open PFE March 42 calls (PFE200320C00042000, $0.45, up $0.15) Action: I like these
Bulls Losing Streak Reaches 3-Straight
MomentumOptions.com Pre-Market Update for 12/4/2019 Bulls Losing Streak Reaches 3-Straight 8:00am (EST) The market extended its losing streak to 3-straight sessions on Tuesday after President Trump said there is not a deadline for a trade deal with China and that it might be best to wait until after the 2020
Bears Make an Appearance as VIX Spikes
MomentumOptions.com Pre-Market Update for 10/5/2018 Bears Make an Appearance as VIX Spikes 8:00am (EST) The market was hit for losses on Thursday following the surge in government bond yields. The yield on 10-year Treasury note, a bellwether for risk sentiment around the world, jumped to 3.188% Thursday. This was up
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 Red