Category Archive for ‘Rick’s Account’

August 16, 2013

Market Slide Continues/ Special Weekly Wrap Offer

by mome2143 / Posted in Option Trades, Rick's Account, Weekly Wrap RR, Trading Tips, Money Management, Momentum Stocks Weekly, Trade Update

1:10pm (EST) The bears are leading the way as we head into the second half of trading and wrap up what has been another good week. The bulls have seen some green today but look exhausted after trying to hold support. They can’t quit just yet as the fear ofRead more

April 10, 2013

Bulls Plow Past Resistance/ Profit Alert (QQQ)!

by Rick Rouse / Posted in Momentum Stocks Weekly, Rick's Account, Trade Update

1:00pm (EST) The bulls are pushing our extended fluff targets and despite the record highs, the talking heads and suit-and-ties are questioning if this is the end of the rally. Of course, many of the market pundits have called for a pullback all year long. Meanwhile, we have been tellingRead more

March 15, 2012

S&P Triggers 1,400

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis, Gold, Rick's Account

12:45pm (EST) We have been super busy today but the last 48 hours are what makes option trading so lucrative. As option traders, profits can come in a hurry and after putting our name on the line and calling for another leg higher in the market BEFORE the start ofRead more

November 28, 2011

Bulls Walking on Thin Ice

by Rick Rouse / Posted in VIX, Option Trades, Daily Update, Trade Update, Oil, Rick's Account, Sectors, European Union (EU), Commodities, China, Futures, Economic News, Covered Calls, Earnings, Company Commentary, Market Commentary, Google, Stock Earnings, Entertainment Stocks, Yahoo / Microsoft, Mergers and Acquisitions, Trading Tips, Gold, strangle option trades, IPOs, Financial Stocks, BioTech, Watch Lists, Trading Psychology, Market Analysis, Apple, Uncategorized, Money Management

9:00 (EST) The market continued its recent slide as the bears had their best bull feast in nearly 80 years as Wall Street fell 5% last week. The recent selling pressure became much more serious as all of the indexes fell below their 50-day moving averages (MA) with the bearsRead more

February 5, 2011

2011 Portfolio Update

by Rick Rouse / Posted in Daily Update, Rick's Account

1:30pm (EST) We have just updated our closed trades for 2011. You can request our current track record by sending us an email. We will make the 2011 track record public in a few weeks but we are still trading some of the names on our list and we don’t feel likeRead more

December 9, 2009

Market Set To Open Higher

by Rick Rouse / Posted in Daily Update, Company Commentary, Mergers and Acquisitions, Strategies, Rick's Account

9:00am (EST) The market had a lousy Tuesday and it was one of them days where you just knew we were going to stay in the red. Futures were pointing towards a crummy open and the bulls did not do a good job of holding the Dow above 10,300. We have talked a lotRead more

October 14, 2009

Dow Eyes 10,000

by Rick Rouse / Posted in Earnings, Market Analysis, Company Commentary, Option Trades, Rick's Account, Daily Update, Market Commentary

9:05am (EST) Futures are pointing towards a HUGE open this morning after strong earnings results from Intel (INTC, $20.49) and JPMorgan Chase (JPM, $45.66). JPMorgan Chase easily beat Wall Street’s expectations, after reporting a profit of $3.6 billion for the quarter. Although the company said loan losses are still high and are likelyRead more

August 28, 2009

Layered Trade in Citigroup

by Rick Rouse / No Comments / Posted in Daily Update, Financial Stocks, Option Trades, Rick's Account

8:55am (EST) Well, time to open up the playbook. It may be preseason in the NFL but in option trading we are in the game every day. I’ve been pretty limited with our playbook because I have been feeding you a lot of information lately on how to useRead more

June 4, 2009

News Flash: Dendreon Up in After-Hours

by Rick Rouse / Posted in Rick's Account, Daily Update, Option Trades

10:00pm (EST) I have a couple pieces of good news for everybody tonight. The first one is obvious as Dendreon (DNDN, $25.46, up $0.56) is the headline. The stock closed near its high for the day and I have been talking up Dendreon all week. In after-hours trading, the sharesRead more

June 3, 2009

TiVo Wins Favorable Ruling/ Update on Trading Service

by Rick Rouse / No Comments / Posted in Watch Lists, Rick's Account, Daily Update, Sectors, Earnings, Market Analysis

TiVo (TIVO, $10.70, up $3.32) shares hit a 52-week high today after a judge ruled that Dish Network (DISH, $15.56, down $1.68) and EchoStar (SATS, $16.12, down $0.25) will have to pony up nearly $200 million for “video-recorder” patent infringements. This was a windfall for TiVo as the company hasRead 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.