Category Archive for ‘Watch Lists’

Wednesday’s Wakeup Call

9:00am (EST) The market stumbled on Tuesday as a stronger dollar and disappointing economic news were too much for the bulls to overcome.  The market was trying to gather some momentum put spent all day in the red.   The Dow finished the session with a loss of 49 points andRead more

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Futures Pointing Towards Lower Open

9:00am (EST) The bulls got some good news yesterday in the form of the Dubai $10 billion “bailout” package and the Dow’s advance could have been more if Exxon Mobil (XOM, $69.69, down $3.14) didn’t drop 4%.  The company said it would acquire XTO Energy (XTO, $47.86, up $6.37) for $30 billion or so andRead more

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Bernanke Speaks, Market Listens

1:05pm (EST)  The market is looking for direction today as well as the U.S. dollar.  The bulls didn’t let the open deter them from taking the market higher today.  We’ve mentioned the dollar trade and how we will have to see how it plays out from here but we don’tRead more

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Dendreon Rumors Making Rounds Again

1:00pm (EST) It’s been another battle today as both bulls and bears struggle to gain momentum.  The Dow opened with a slight loss and traded to a low of 10,273 before bouncing back and touching a high of 10,364.  As Wall Street gets ready for the 2nd half of today’sRead more

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Oh My Ford!

1:00pm (EST) The market is struggling today but the major averages are holding the support levels we mentioned this morning.  The Dow is currently down 36 points to 10,400 while this S&P 500 is off by 3 to 1,107.  The Nasdaq is down 16 points to 2,188. Of course, thereRead more

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3Q Earnings Kick-Off Start This Week

3:45pm (EST) Special Note: We are sending today’s Weekly Wrap early.  I am away on travel and hope to be back in the office by Monday morning.  In case I’m not, this is Monday Morning’s Update.  There is a NEW TRADE for Monday morning, Pepsico (PEP, $60.90, up $2.44), thatRead more

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Tuesday's Tidbits

1:00pm (EST) The market has hit 10-month highs as the Dow is currently up 80 points to 9,589.  The Nasdaq is showing a gain of 15 points and stands at 2,033 while the S&P 500 has jumped 8 and is 1,034. I mentioned in the Weekly Wrap that economic news would take onRead more

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Buffalo Pops, USEC Drops

1:00 pm (EST) The bulls are struggling to extend yesterday’s gains as the Dow is currently down 67 points to 9,041.  There is a bevy of news, some good, some bad.  Most of our positions are holding up well and the bulls still appear as if they want to hold Dow 9,000. Read more

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Weekly Wrap for 7/26/09

1. Commentary 2. Green Mountain Coffee Roasters Brewing Big Gains 3. Earnings 4. Current Trades & Closed Trades 5. Monday Morning Playbook 6. Closing Thoughts ************************************************** 1. Commentary The market continued its upward momentum last week after a wave of better-than-expected earnings helped pushed the Dow over 9,000. Nearly halfRead more

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Early Bird Special, Thursday’s Outlook – Sunny?

8:00am (EST)   Two words for today.  IBM (IBM, $107.22) and Google (GOOG, $438.17).  But before we get to that I’m going to take you through the woods.   Being an option trader is THE best job in the world folks and I got interested in the stock market whenRead more

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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.