Category Archive for ‘Politics’

October 1, 2013

Zombies Remain Divided As Government Shuts Down

by mome2143 / Posted in Politics, Daily Update

9:00am (EST) The market finished lower on Monday as the world awaited to see if there would be a US government shutdown while the bears pushed another wave of support. The shenanigans lasted well into the night but before we get into the political picture, let’s go over the numbersRead more

September 30, 2013

Countdown to Shutdown/ Profit Alert (DMND)!!!

by mome2143 / Posted in Trade Update, Momentum Stocks Weekly, Politics

1:25pm (EST) The charts we drew up over the weekend were showing a continued pullback and the downside targets we gave you came into play on this morning’s open. There has been a little bounce off the lows but it appears as though the bulls will continue their Monday/ FridayRead more

September 30, 2013

Bears Breaking Bad

by mome2143 / Posted in Politics, Market Analysis, Daily Update

9:00am (EST) The market started the week off with a loss following the run to fresh highs the prior week and continued pulling back thru Wednesday’s session. Thursday’s rebound still had the bulls down for the week but Tech and the small-caps were showing strength as the zombies played hotRead more

September 4, 2013

Another Push to Resistance/ New Trade!!!

by mome2143 / Posted in Strategies, Momentum Stocks Weekly, Trade Update, Politics, Market Analysis

11:45am (EST) The bulls are making another push higher and are once again pushing the first waves of resistance but as we have seen lately, it’s the close that matters. There has been some geopolitical rhetoric this morning as the President is over in Switzerland trying to convince the worldRead more

August 26, 2013

Bulls Making a Push, New Trade (CRM)!!!

by mome2143 / Posted in Economic News, Momentum Stocks Weekly, Option Trades, Politics

1:30pm (EST) The bulls had a number of headwinds facing them ahead of the open this morning but have brushed aside geopolitical tensions and some terrible economic news to push the market higher as we head into the second half of trading. Durable Goods were released an hour before theRead more

July 24, 2013

S&P 500 Struggles with 1,700

by mome2143 / Posted in Trade Update, Daily Update, Politics, Earnings, Market Analysis, Apple, Market Commentary

12:15pm (EST) The market is mixed as we head into the second half of trading as Apple (AAPL, $442.92, up $23.93) has lead Tech higher while Caterpillar (CAT, $84.25, down $1.27) is weighing on the blue-chips. The head zombie will be speaking later this afternoon on his economic plan andRead more

February 25, 2013

Italy Elections Worrying Wall Street

by Rick Rouse / Posted in Market Commentary, Politics, Daily Update

12:55pm (EST) The bulls came out of the gates charging as it looked as though Italy’s elections were going to go as planned but one zombie is threatening to pull an upset which has the markets on edge. The full results are expected by tomorrow but the fact that SilvioRead more

January 14, 2013

Another Flat Day

by Rick Rouse / Posted in Daily Update, Market Commentary, Politics

12:45pm (EST) The market traded in a tight range on Friday and has followed the same pattern today ahead of this week’s big earnings announcements. The bears controlled much of the action in the first half of trading but the bulls are making an effort to push higher ground. EconomicRead more

January 4, 2013

Family Dollar Stores Drops 13%, Options Zoom 665%/ iPad Winner!

by Rick Rouse / Posted in Trading Tips, Trading Psychology, Trade Update, Politics, Daily Update, IPOs, Strategies, Weekly Wrap RR

1:50pm (EST) We apologize for the slight delay today but we wanted to make sure we talked to our iPad contest winner before we went to press. The winning pick came within 16 points of hitting the nail on the head. The Dollar Stores sector was a big winner inRead more

January 2, 2013

Zombies Miss Deadline, Get Deal Done

by Rick Rouse / Posted in Daily Update, Market Analysis, Market Commentary, Trade Update, Politics

9:00am (EST) Before we get into the zombie talk, we want to start off by wishing everyone a Happy New Year and a very prosperous 2013. At 1:45pm (EST) on Monday, the Dow was at 13,000 and the S&P was at 1,413. The Nasdaq was at 2,995 whileRead more

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