Momentum Trades

MomentumOptionsTrading.com Weekly Wrap for 2/20/11

11:30pm (EST)

1.  Market Summary

2.  RF Micro Devices (RFMD) – An Ear to the Future        

3.  Sky-mobi Limited (MOBI) – Sky is the Limit   

4.  Earnings 

5.  Weekly Wrap Portfolio Update 

6.  Week Ahead

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1. Market Summary

The upward momentum continued last week and on Friday as the bulls won their third straight despite numerous headwinds and escalating geopolitical tensions from around the world.  The risk of rising inflation and higher unemployment remain near-term problems for the bulls as they continue to push towards our price targets from January.  Meanwhile, the bears are struggling with better-than-expected economic news and the continued bustling on the merger-and-acquisition (M&A) scene…

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