Category Archive for ‘Momentum Options’

Bulls Get 3rd-Straight Weekly Win

MomentumOptions.com Pre-Market Update for 6/24/2019 Bulls Get 3rd-Straight Weekly Win 8:00am (EST) The market was choppy to start Friday’s action after President Trump called off strikes on Iran because they were not commensurable relative to Iran’s recent downing of a U.S. drone. The major stock indexes rebounded off the openingRead more

More

S&P 500 Taps Fresh All-Time High

MomentumOptions.com Pre-Market Update for 6/21/2019 S&P 500 Taps Fresh All-Time High 8:00am (EST) The market opened in rally mode while pushing all-time highs following the FOMC’s recent dovish stance along with improved trade hopes after Mexico ratified the USMCA deal. The major indexes backed off their highs and nearly plungedRead more

More

MomentumOptions.com Trade Alert (INTC) for 6/20/2019

MomentumOptions.com Trade Alert (INTC) for 6/20/2019 3:35pm (EST) With shares of INTC pulling back off today’s high, let’s close the trade for a scratch as the chart remains bearish along with today’s pullback. Current Trades Intel (INTC, $47.00, down $0.07) INTC July 49 calls (INTC190719C00049000, $0.70, down $0.05) Entry Price:Read more

More

Small-Caps Clear 50/200-Day Moving Averages

MomentumOptions.com Pre-Market Update for 6/20/2019 Small-Caps Clear 50/200-Day Moving Averages 8:00am (EST) The market was neutral for much of Wednesday’s action as Wall Street awaited the Fed’s latest decision on interest rates. The action afterwards was slightly bullish as the Fed left rates unchanged but dropped strong hints a cutRead more

More

Nasdaq Clears 50-Day Moving Average

MomentumOptions.com Pre-Market Update for 6/19/2019 Nasdaq Clears 50-Day Moving Average  8:00am (EST) The market rallied on Tuesday following fresh trade optimism with China and  ahead of the FOMC’s latest decision concerning interest rates on Wednesday. President Trump tweeted that he had a very good conversation with President Xi of China withRead more

More

Holding Pattern Remains Intact

MomentumOptions.com Pre-Market Update for 6/18/2019 Holding Pattern Remains Intact 8:00am (EST) The market showed strength throughout Monday’s action despite disappointing economic news and continued chatter over China tariffs. Commerce Secretary, Wilbur Ross, said President Trump would be perfectly happy imposing tariffs on the remaining $300 billion of Chinese imports ifRead more

More

Bulls Get 2nd-Straight Weekly Win

MomentumOptions.com Pre-Market Update for 6/17/2019 Bulls Get 2nd-Straight Weekly Win 8:00am (EST) The market traded in negative territory throughout much of Friday’s session while closing with slight losses and hovering in another tight trading range. The late day strength was an encouraging sign as the Dow and S&P made aRead more

More

Small-Caps Lead Rebound to Prior Resistance

MomentumOptions.com Pre-Market Update for 6/14/2019 Small-Caps Lead Rebound to Prior Resistance 8:00am (EST) The market showed rebounded on Thursday to snap 2-session slide despite a spike in crude oil prices, which was triggered after two tankers were damaged in a suspected attack in the Gulf of Oman. The major indexesRead more

More

Bears Push Near-Term Support

MomentumOptions.com Pre-Market Update for 6/13/2019 Bears Push Near-Term Support 8:00am (EST) The market showed weakness for a 2nd-straight session while closing slightly lower in anticipation of what the Fed may or may not do ahead of next week’s FOMC update. The pullback held near-term support levels with the possibility ofRead more

More

Bulls Take a Breather

MomentumOptions.com Pre-Market Update for 6/12/2019 Bulls Take a Breather 8:00am (EST) The market showed opening strength on Tuesday before closing slightly lower following renewed tariff threats with China. President Trump continued his stance that immediate tariffs would be imposed on a further $300 billion of Chinese goods if President XiRead 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.