Posts Tagged ‘ADBE’

Bulls Push Historic Highs

9:00am (EST) The bulls continue to defy gravity as they were able to push another set of fresh all-time highs and for the Wall Street pros who have called this the most hated rally in stock market history, keep on hating it. We have heard so many calls for aRead more

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Trading Range Continues

9:00am (EST) The bulls and bears went through the motions of testing support and resistance on Tuesday but in the end it was a flat finish despite good earnings and better-than-expected economic news.  Still, Wall Street seemed tentative ahead of the FOMC minutes due out later today **************************** If youRead more

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Bears Looking To Regain Momentum

9:00am (EST) “This past Monday was a negative close for the market and had it been positive, we might have factored in a possible trend change as it would have been the third-straight positive Friday/ Monday close for the market.  Futures were showing a strong open last Sunday night whenRead more

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Adobe Systems (ADBE) Beats Estimates, Lowers Forecast

8:40am (EST) The market took a breather from its recent volatility and stayed in a tight trading range on Tuesday before the bears managed to finish on top.  It was a small victory as the bulls managed to hold Dow 12,000 but gave back a little on the other indexesRead more

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Adobe (ADBE), Jabil (JBL) Beat Expectations

9:00am (EST) The bulls had high hopes on starting the week off strong but ran into trouble after an early morning pop.  There was a lot of M&A news before the bell and we covered much of it yesterday but a sharp rebound in the dollar shortly after the openRead more

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Bulls Push Higher, JDS Uniphase (JDSU) Surging

12:45pm (EST) The market got off to a good start this morning after China fooled everyone and kept its interest rates unchanged (for now) which has helped the bulls extend last week’s breakout.  We felt there was a slight chance this could happen but we are more interested in theRead more

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Adobe Systems (ADBE) Hits New Lows

Adobe Systems (ADBE) Hits New Lows 1:05pm (EST) The market is once again in a tight trading range as the bulls struggle to push through resistance while the bears are holding on for dear life.  The Fed didn’t announce specific steps in its statements yesterday, but Wall Street walked awayRead more

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Adobe Systems (ADBE) Gets Strangled

9:00am (EST) The Federal Open Market Committee’s (FOMC) sang their same old song and dance on monetary policy as the group left interest rates unchanged at record lows “for an extended period of time” yesterday.  There wasn’t much action before the Fed’s policy statement and there was a small battleRead more

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Market Slightly Lower Ahead of Fed Statements

12:30pm (EST) The market is waffling ahead of the big Fed announcement and has traded on both sides of the ledger as the bulls and bears await today’s statements.  There was some good news on the housing front as we reported this morning but the jury is still out onRead more

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May New Homes Sales Down 33%

1:05pm (EST) The bulls got some more bad news this morning and after a positive start the market quickly reversed course after a terrible housing number derailed any momentum the bulls were trying to gather. Sales of new homes fell off a cliff, tanking 33% to 300,000 last month as potential buyersRead 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.