MomentumOptions.com Pre-Market Update for 1/15/2021 Bulls Tap Fresh Record Peaks 8:00am (EST) The stock market closed mostly lower on Thursday and ahead of President-elect Biden’s announcement after the close on his economic stimulus plans. The major indexes did tap fresh record highs, excluding the S&P 500, with the stimulus packageRead more
Bulls Tap Fresh Record Peaks
MomentumOptions.com New Trade (MGM) for 1/14/2021
MomentumOptions.com New Trade (MGM) for 1/14/2021 10:00am (EST) I have a New Trade for today so let’s get on it. New Trade! MGM Resorts International (MGM, $30.25, up $0.21) Buy to Open MGM February 34 calls (MGM210219C00034000, $0.80, up $0.05) Action: I like these call options at current levels andRead more
Indexes Trade in Tight Ranges to End Mixed
MomentumOptions.com Pre-Market Update for 1/14/2021 Indexes Trade in Tight Ranges to End Mixed 8:00am (EST) The stock market closed mixed on Wednesday and ahead the House vote to impeach President Trump for the second time. The ongoing political drama comes ahead of President-elect Biden’s administration stimulus proposals and the promiseRead more
Small-Caps Tag Fresh Record High
MomentumOptions.com Pre-Market Update for 1/13/2021 Small-Caps Tag Fresh Record High 8:00am (EST) The stock market traded on both sides of the ledger before closing higher on Tuesday and ahead of a congressional vote on a resolution that calls for Vice President Pence to invoke the 25th amendment and removing PresidentRead more
Profit Taking Sends Market Lower
MomentumOptions.com Pre-Market Update for 1/12/2021 Profit Taking Sends Market Lower 8:00am (EST) The stock market backed off from record levels to settle lower on Monday as investors locked in profits following last week’s strong rally and continued run towards all-time highs. News that House Speaker Pelosi is looking to impeachRead more
Market Stays Strong on Continued Stimulus Hope
MomentumOptions.com Pre-Market Update for 1/11/2021 Market Stays Strong on Continued Stimulus Hope 8:00am (EST) The stock market tapped another round of record highs on Friday, excluding the blue-chips, as hopes of more stimulus were confirmed after President-elect Biden said his economic package will be in the trillions of dollars. ThisRead more
Bulls Keep Ongoing Momentum
MomentumOptions.com Pre-Market Update for 1/8/2021 Bulls Keep Ongoing Momentum 8:00am (EST) The stock market showed momentum for the third-straight session as Congress certified President-elect Joe Biden’s victory in the Electoral College early Thursday morning. The recognition by Congress, along with the Democratic capture of the two Georgia senate seats, fueledRead more
Bulls Stay Strong Despite Chaos in DC
MomentumOptions.com Pre-Market Update for 1/7/2021 Bulls Stay Strong Despite Chaos in DC 8:00am (EST) The market was resilient throughout Wednesday’s session following the outcome of the Georgia senate elections and the late day chaos that played out in our nation’s capital. The capture of the second seat by the DemocratsRead more
MomentumOptions.com New Trade (T) for 1/6/2021
Bulls Rebound as Georgia Election Outcome Looms/ Profit Alert (T)
MomentumOptions.com Pre-Market Update for 1/6/2021 Bulls Rebound as Georgia Election Outcome Looms/ Profit Alert (T) 8:00am (EST) The market ended higher on Tuesday in choppy trading, as traders took advantage of the previous session’s selloff and ahead of the outcome of the Senate runoff elections in the battleground state ofRead more