Category Archive for ‘Trading Psychology’

February 21, 2014

Groupon (GRPN) Beats but Lowers Guidance/ Profit Alert (HRB)!!!

by mome2143 / Posted in Earnings, Strategies, Momentum Stocks Weekly, strangle option trades, Trading Psychology, Trade Update

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 hadRead more

February 11, 2014

Bulls Stall at Resistance

by mome2143 / Posted in Money Management, Daily Update, Company Commentary, Watch Lists, Trading Tips, Trading Psychology

9:00am (EST) We mentioned Monday could be flat as Wall Street waffled on what Fed Chair Janet Yellen might say today. To no surprise, the indexes finished right at the resistance targets we outlined and bets will be made today on where the market heads from here. (continued…) **************** OurRead more

January 8, 2014

Watch These Numbers

by mome2143 / Posted in Market Analysis, Trading Psychology, Trade Update, Daily Update

9:00am (EST) The bulls rebounded on Tuesday to nearly get back to even for the first five days of trading in January and today’s action will be decide who the winner is between the bulls and bears. The Dow needs to clear 16,576; the S&P 500 needs to get pastRead more

January 7, 2014

MomentumOptionsTrading.com Weekly Wrap New Trade/ Profit Alert (EXAS) for 1/7/14

by mome2143 / Posted in Momentum Stocks Weekly, Trading Psychology, Trade Update

11:55am (EST) The slick talking pros are now saying “it’s a stock picker’s market” but hasn’t it always been? We have a bevy of news today for our Weekly Wrap as we are locking in profits on another winning trade and starting new positions on a stock we really like.Read more

November 29, 2013

Bullish Retail Season Could Further Rally

by mome2143 / Posted in Yahoo / Microsoft, Market Analysis, Trading Psychology, Daily Update

12:20pm (EST) It has been a decade or more since we stood in a Black Friday line but count us as one of the crazies that braved the cold last night to get a good deal. Of course, we were on a mission to get Microsoft’s (MSFT, $38.24, up $0.64)Read more

November 22, 2013

Crash and Burn or All Aboard? New Trade!!!

by mome2143 / Posted in Trade Update, Market Analysis, Momentum Stocks Weekly, Market Commentary, Trading Psychology

11:50am (EST) For those of you that have been with us over the years, you know Friday’s are a day where we try to kickback, review what has happened in the market, plan for next week, celebrate profits (one current trade of ours is up 308% as we type) andRead more

October 23, 2013

Safeway (SWY) Surges on Takeover Chatter/ Profit Alerts (HRB, TQNT, GE)

by mome2143 / Posted in Trading Psychology, Earnings, Market Analysis, Momentum Stocks Weekly

1:00pm (EST) The bulls have 7 more trading days to pad their gains, or give them back, and with fund managers getting itchy trigger fingers it will be interesting to see if they lock-in gains or let them ride. Most fund managers have to rebalance their portfolios by the endRead more

September 25, 2013

JC Penney (JCP) Sinks to Single-Digits/ New Trade!!!

by mome2143 / Posted in Momentum Stocks Weekly, Trading Psychology

12:30pm (EST) Shares of JC Penney (JCP, $10.30, down $1.60) are at 12-year lows following today’s 12% plunge and our subscribers couldn’t be happier. We often remind investors that have never shorted a stock or bought put options that the strategy is no different than buying a stock in hopesRead more

September 6, 2013

Bears Say Not so Fast

by mome2143 / Posted in Earnings, Trading Psychology, Market Analysis, Economic News, Watch Lists, Weekly Wrap RR, Covered Calls, Futures, Market Commentary, Trading Tips, Daily Update

1:05pm (EST) Futures were slightly weak as we hit the rack last night ahead of the European open suggesting a lower open this morning but had recovered ahead of this morning’s Nonfarm Payroll report. Wall Street certainly traded off the headlines as the Unemployment Rate dropped to 7.3% from 7.4%Read more

August 30, 2013

Bulls, Bears and Elephants

by mome2143 / Posted in Trading Psychology, Trade Update, Daily Update, Earnings

12:35pm (EST) We did a ton of homework in August and in paid off big time. While we are totally looking forward to a 3-day weekend, we are sad in a way to see August close as we have had an incredible month. Last Sunday night was an all-nighter asRead more

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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.