Category Archive for ‘Watch Lists’

February 11, 2014

Bulls Stall at Resistance

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

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

September 10, 2013

Blue-Chips Get a Facelift/ Profit Alert (QQQ)!!!

by mome2143 / Posted in VIX, Watch Lists, Momentum Stocks Weekly, Market Commentary, Sectors, Trade Update

12:10pm (EST) Out with the old, in with the new. The Dow Jones Industrial Average is made up of 30 stocks. From time-to-time, stocks are dropped and others added to make up 30 “blue-chips” companies. Today’s announcement in a 3-swap deal kicks Alcoa (AA, $8.07, down $0.02), Bank of AmericaRead more

September 6, 2013

Bears Say Not so Fast

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

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

June 27, 2013

Fed Speak Propping Market

by mome2143 / Posted in Daily Update, VIX, Watch Lists, Market Commentary, Money Management

12:40pm (EST) Our charts from last night were showing more upside potential following last week’s break out of the “symmetrical triangles” and the test to the 100-day MA’s (moving averages). Strong moves out of these technical patterns to the upside or downside usually lead to back tests and that isRead more

May 28, 2013

Terrific Tuesday’s Continue to Save Bulls

by mome2143 / Posted in Daily Update, Market Analysis, Watch Lists, Market Commentary, Trading Tips, Trading Psychology

11:50am (EST) The market is enjoying its best –day gains since the beginning of the year as all of the major averages are showing strong gains. We mentioned last week the suit-and-ties that decided to take an extended vacation could miss another ride to the upside and today’s start hasRead more

January 28, 2013

Bulls Looking to End January Strong/ New Trade Alert!

by Rick Rouse / Posted in Momentum Stocks Weekly, Market Commentary, Members Daily, Yahoo / Microsoft, Market Analysis, VIX, Stock Earnings, Financial Stocks, Watch Lists

9:00am (EST) “The market was flat on Friday with a little weakness to the downside heading into the second half of trading. This was normal behavior following the pop past resistance but there was a big development midday that gave the bulls a second wind. There are reports the RedRead more

January 17, 2013

Boeing (BA) Takes Another Dive but Recovers/ NEW TRADE!!!

by Rick Rouse / Posted in Strategies, Watch Lists, Momentum Stocks Weekly, Option Trades, Market Analysis

12:40pm (EST) Usually, when there’s smoke there’s fire and after a number of warning signals, the FAA (Federal Aviation Administration) stepped-in and grounded Boeing’s (BA, $74.31, down $0.03) 787 Dreamliners. The company must prove to the FAA that the lithium batteries they use in the aircraft are safe before theyRead more

November 30, 2012

Flat Action Favors Bulls

by Rick Rouse / Posted in Daily Update, Watch Lists, Trading Tips, Trading Psychology

12:40pm (EST) The Dow started the month at 13,096 and the week at 13,009. The S&P was at 1,412 and 1,409 to start November and the week. The Nasdaq ended October at 2,977 while starting the week at 2,966. Currently the Dow is down 15 points to 13,006 while theRead more

October 11, 2012

Bulls Looking Weak

by Rick Rouse / Posted in Market Analysis, VIX, Watch Lists, Market Commentary, Daily Update

9:00am(EST) It appears the 4-week trading range the market has been in is ready to crack but it hasn’t been wise to count the bulls out as the dips have held all year long. However, this time feels a little different. The Dow plummeted 128 points, or 0.95%, to endRead more

August 31, 2012

Market at Support, Bernanke on Deck

by Rick Rouse / Posted in Market Analysis, VIX, Watch Lists, Market Commentary, Daily Update, Sectors

9:00am (EST) The market closed right at support like we figured heading into today’s big event. We are pretty sure Ben Bernanke checked yesterday’s closes on the indexes so he is well aware what his carefully chosen words could mean for the market. The Dow dropped 107 points, or 0.8%,Read 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.