Category Archive for ‘Momentum Options’

Dow/ S&P 500 Push New All-Time Peaks

MomentumOptions.com Pre-Market Update for 7/30/2021 Dow/ S&P 500 Push New All-Time Peaks 8:00am (EST) The stock market rose on Thursday despite weaker-than-expected economic news and a mixed batch of earnings results. Specifically, gross domestic product grew at a 6.5% annual rate for the second quarter versus expectations for 8.5% growth.Read more

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MomentumOptions.com New Trade (CSCO) for 7/29/2021

MomentumOptions.com New Trade (CSCO) for 7/29/2021 2:45pm (EST) I have a new trade today on a stock that recently made a 52-week peak and is showing signs of breaking out to higher highs. New Trade! Cisco Systems (CSCO, $55.24, up $0.46) Buy to Open CSCO August 57 calls (CSCO210820C00057000, $0.65,Read more

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Market Mixed as Fed Stands Pat

MomentumOptions.com Pre-Market Update for 7/29/2021 Market Mixed as Fed Stands Pat 8:00am (EST) Wall Street was mixed on Wednesday following a heavy dose of earnings and the Fed’s meeting minutes. The Federal Reserve said the U.S. economic recovery remains on track with Chairman Powell adding the central bank remains aRead more

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Volatility Rises on Market Pullback

MomentumOptions.com Pre-Market Update for 7/28/2021 Volatility Rises on Market Pullback 8:00am (EST) The stock market pulled back on Tuesday as traders remained cautious ahead of key earnings reports after the bell and Wednesday’s Federal Reserve announcement. Ongoing weakness in U.S.-listed Chinese stocks also weighed on sentiment as fears over moreRead more

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MomentumOptions.com Trade Alerts (T, HIMX, MRO) for 7/27/2021

MomentumOptions.com Trade Alerts (T, HIMX, MRO) for 7/27/2021 1:05pm (EST) I’m closing three trades this afternoon on stocks showing both weakness and strength. There are a few more positions that will be in play this week that will allow us to consolidate the portfolio while looking for new trades intoRead more

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Bulls Show Continued Momentum

MomentumOptions.com Pre-Market Update for 7/27/2021 Bulls Show Continued Momentum 8:00am (EST) The stock market was slightly choppy on Monday after trading in a tight range while setting another round of fresh all-time highs. The hesitancy came as Wall Street prepares for a slew of second-quarter earnings and another update fromRead more

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Bulls Push Fresh all-Time Highs

MomentumOptions.com Pre-Market Update for 7/26/2021 Bulls Push Fresh all-Time Highs 8:00am (EST) Wall Street showed continued momentum on Friday to extend its winning streak to four-straight sessions while hitting another round of fresh all-time highs. The gains easily gave the bulls the weekly win following last Monday’s mini selloff andRead more

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Bulls Stay Strong Despite Sluggish Session

MomentumOptions.com Pre-Market Update for 7/23/2021 Bulls Stay Strong Despite Sluggish Session 8:00am (EST) The stock market traded in a tighter range on Thursday and on both sides of the ledger before going out mostly higher. The small-caps slacked following two-straight day days of gains for the major indexes as tradersRead more

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Prior Resistance Levels in Focus

MomentumOptions.com Pre-Market Update for 7/22/2021 Prior Resistance Levels in Focus 8:00am (EST) The stock market showed continued strength on Wednesday following upbeat earnings from two blue-chips companies along with a rise in yields. Specifically the 10-year Treasury yield rose to nearly 1.3% after tapping a five-month low on Monday whileRead more

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MomentumOptions.com New Trade (IGT) for 7/21/2021

MomentumOptions.com New Trade (IGT) for 7/21/2021 1:20pm (EST) I have a New Trade today so let’s get on it. New Trade! International Game Tech (IGT, $20.18, up $0.78) Buy to Open IGT August 22 calls (IGT210820C00022000, $0.70, up $0.18) Action: I like these call options at current levels and youRead 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.