2:40pm (EST) We have a 3 New Trades for our Weekly Wrap on three stocks we believe will easily return 10%-20% over the next few months. We are going to write covered calls on one of the trades and for the other two we are suggesting buying the stock without
MomentumOptionsTrading.com Weekly Wrap New Trades for 4/14/2014
MomentumOptionsTrading.com Weekly Wrap Profit Alert (DSCO) for 3/13/14
1:40pm (EST) We have another Profit Alert for our Weekly Wrap for one our current positions as our Stop Limit has come into play. We said coming into the week we wanted to reduce our exposure where we could on a pullback to stock pile some cash and to look
MomentumOptionsTrading.com Weekly Wrap New Trade for 2/25/14
12:05pm (EST) We have a New Trade we are getting into for our Weekly Wrap newsletter. We have followed the stock for years and we believe shares could double over the next 6-12 months. The stock is just north of $3 and we have a Price Target of $6+. We
Groupon (GRPN) Beats but Lowers Guidance/ Profit Alert (HRB)!!!
1:30pm (EST) Shares of Groupon (GRPN, $8.23, down $2.05) are down 20% today following the company’s earnings announcement after Thursday’s close. Groupon reported 4Q earnings of $0.04 a share on revenue of $768 million. The suit-and-ties were looking for 2 pennies a share on sales of $718 million. We had
MomentumOptionsTrading.com Weekly Wrap Profit Alerts (HRB, SONS) for 2/21/2014
12:35pm (EST) We have action to take on 2 trades in our Weekly Wrap newsletter that have returned us a nice double-digit return while the other is a single-digit return. We are only taking HALF profits on the trade that is up 26% as we are expecting shares to breakout
MomentumOptionsTrading.com Weekly Wrap New Trade/ Update for 2/10/14
3:35pm (EST) We have another New Trade for our Weekly Wrap on a stock that has been heavily discounted in recent weeks. We started new positions in the stock this morning and we are getting into the LEAPs this afternoon. Our first trade on this name made 189% and we
Market Gellin’ for Yellen/ New Trade!!!
1:30pm (EST) Futures were showing a slightly mixed open for Wall Street today when we were doing our chart work last night and remained that way ahead of the European open. Futures were slightly weaker ahead of the opening bell and suggested today could be a wait-and-see session with flat
Bulls Face Crucial Test/ Profit Alert (ARIA)/ New Trade!!!
1:40pm (EST) It is always hard to time a market top but if the bulls can’t get off the mat, we may have witnessed one last week. The technical picture from our weekend chart work showed a continued test to new lows and the downside targets we outlined this morning
MomentumOptionsTrading.com Weekly Wrap Profit Alert for 1/24/2014
12:05pm (EST) We have action to take on a trade in our Weekly Wrap newsletter. The gains are minimal (1%) as we had a Stop Limit order just above our entry price to ensure we don’t lose any money. We like the company a lot but today’s dip below $7
Dow Making Another Triple-Digit Move/ Profit Alert (GALE)!
1:25pm (EST) Futures were showing a nice start to the week but the recent trend has seen strong opens weaken shortly after the opening bell. Today is no different as the market is mixed heading into the second half of trading. These types of patterns often occur within trading ranges