Posts Tagged ‘000’

Dow Drops Below 13,000

1:35pm (EST) The market is down 1% following Friday’s disappointing jobs report but has bounced off its lows as we head towards the second half of trading.  The talking heads are debating if the news means a slowdown in the economic recovery but we are more interested in the charts.Read more

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Dow 13,000 at the Close?

1:00pm (EST) The bulls are going for their second weekly win following a slight pullback in the first full week of February and are looking towards March to continue the rally.  The bears have done their best to try and break the first wave of support but buyers have stepped-inRead more

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Dow Trips 13,000 in Choppy Trading

12:30pm (EST) The market went into the weekend looking for some kind of resolution to a second Greece bailout and futures were strong on Sunday night heading into Monday’s meeting in Brussels between Europe’s top brass.  The get together stretched late into the evening but after more finagling, an agreementRead more

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Bulls Rebound From Friday’s Pullback

12:45pm (EST) The bulls aren’t taking no for an answer. Futures were pointing towards a strong start after Greece approved austerity measures over the weekend and Barron’s said the Dow could go to 15,000.  The “final” word on if Greece will be saved and will get a much needed SECONDRead more

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MomentumOptionsTrading.com Weekly Wrap for 3/13/11

10:45pm (EST) 1.  Market Summary 2.  General Dynamics (GD) – A Knight in Shining Armor     3.  Comcast (CMCSA) – A Value Trap?           4.  Earnings  5.  Weekly Wrap Portfolio Update  6.  Week Ahead = = = = = = = = = = = = = = =   ToRead more

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Financials Show Strength, Can They be Trusted?

8:30am (EST) The bulls had a fine outing on Tuesday on the strength of lower oil prices and a rebound in the Financial stocks.  Trading was flat for the first 30 minutes as the bears tried to push the market lower but with oil hovering below $105, the bulls saw an opening and made aRead more

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Intel (INTC) Weighs on Tech but Market Heads Higher

1:00pm (EST) The market opened higher and has traded in a tight range today as numerous headwinds have kept a lid on any momentum the bulls were hoping to gather.  All three indexes have made a trip in negative territory but things have turned around as we head into theRead more

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Futures Up, Bulls Looking to Rebound

9:00am (EST) The Dow fell 166 points on Friday, or 1.4%, and closed at 11,823.  Although the index reached our near-term target of 12,000 last week, we had trouble closing above this level.  We also listed key support levels to watch for on a pullback on Thursday and again on Friday.  For theRead more

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Geopolitical Uncertainty Hammers Market

12:10pm (EST) The volatility is picking up just like we said it would… The market is entering the heart of earnings season and even though there have been some surprises, the bulls have overlooked some of the missteps and appear to be focused on the “next level” for the indexesRead more

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No Respect for Microsoft (MSFT), Amazon (AMZN) Slips

9:10am (EST) The bulls struggled to the finish line on Thursday but led the bears for much of the race as all three major indexes finished in the green.  We also got our second confirmation that the current rally could have more legs.  The Dow gained 4 points to close atRead 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.