Category Archive for ‘Momentum Options’

Late Day Selling Pressure Weighs on Small-Caps, Tech

MomentumOptions.com Pre-Market Update for 10/19/2020 Late Day Selling Pressure Weighs on Small-Caps, Tech 8:00am (EST) The stock market finished mixed on Friday after spending much of the session pushing prior resistance levels. Better-than-expected economic news and fresh developments on the release of a coronavirus cure by the end of NovemberRead more

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MomentumOptions.com New Trade (MGM) for 10/16/2020

MomentumOptions.com New Trade (MGM) for 10/16/2020 2:10pm (EST) I have a New Trade for today so let’s get on it. New Trade! MGM Resorts International (MGM, $21.25, up $0.09) Buy to Open MGM November 23 calls (MGM201120C00023000, $0.95, up $0.05) Action: I like these call options at current levels andRead more

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Bulls Rebound Off Opening Lows

MomentumOptions.com Pre-Market Update for 10/16/2020 Bulls Rebound Off Opening Lows 8:00am (EST) The stock market finished well off session lows but ended with losses for the third-straight session on Thursday, as rising coronavirus cases, especially in Europe, resulted in new restrictions on businesses and travel. Also weighing on sentiment wasRead more

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Bears Get 2nd-Straight Win

MomentumOptions.com Pre-Market Update for 10/15/2020 Bears Get 2nd-Straight Win  8:00am (EST)  The stock market fell for the second-straight session following comments from Treasury Secretary Steven Mnuchin that dampened expectations of a coronavirus stimulus deal being reached before the November 3rd presidential election. Mnuchin said getting a deal done before theRead more

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Financial Earnings Shine, Airline Earnings Disappoint / Profit Alerts (BAC, GM)

MomentumOptions.com Pre-Market Update for 10/14/2020 Financial Earnings Shine, Airline Earnings Disappoint / Profit Alerts (BAC, GM) 8:00am (EST)  The stock market struggled on Tuesday as the start of the 3Q earnings season officially got underway with the Financial sector pleasing Wall Street analysts while the Airline sector widely disappointed. However,Read more

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Market Maintains Momentum

MomentumOptions.com Pre-Market Update for 10/13/2020 Market Maintains Momentum  8:00am (EST)  The stock market maintained its current momentum following Monday’s gains and ahead of the start of the 3Q earnings season. The major indexes continue to work their way towards fresh all-time highs with the Nasdaq and S&P 500 pushing SeptemberRead more

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Bulls Get Weekly Win Ahead of 3Q Earnings Season

MomentumOptions.com Pre-Market Update for 10/12/2020 Bulls Get Weekly Win Ahead of 3Q Earnings Season 8:00am (EST)  The stock market extended its winning streak to three-straight sessions after closing higher on Friday following a slight breakthrough in stimulus talks. President Trump upped his counter offer to $1.8 billion but Senate MajorityRead more

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MomentumOptions.com New Trade (FCX) for 10/9/2020

MomentumOptions.com New Trade (FCX) for 10/9/2020 3:00pm (EST) I have a New Trade for today so let’s get on it. New Trade! Freeport McMoRan (FCX, $17.13, up $0.33) Buy to Open FCX November 18 calls (FCX201120C00018000, $0.95, up $0.10) Action: I like these call options at current levels and youRead more

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Small-Caps Stay Strong

MomentumOptions.com Pre-Market Update for 10/9/2020 Small-Caps Breaking Out 8:00am (EST)  The stock market was up for the second-straight session following merger-and-acquisition news and ongoing, but shaky, stimulus talks. Morgan Stanley (MS) agreed to buy Eaton Vance (EV) for $56.50 in a deal valued at $7 billion. Meanwhile, The back-in-forth battleRead more

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Small-Caps Breaking Out

MomentumOptions.com Pre-Market Update for 10/8/2020 Small-Caps Breaking Out 8:00am (EST)   The stock market showed strong momentum throughout Wednesday’s action while recovering the previous session losses. The small-caps led the charge and appear to breaking out while the other major indexes are approaching prior resistance levels from early and mid-September. TheRead 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.