Posts Tagged ‘AXP’

All Eyes on Europe

9:00am (EST) “The market has another week of August before September rolls around and it is usually the most bearish month of the year according to the history books.  August also has some bearishness to it but so far the market is up for the month.  Last week’s charts forRead more

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Bulls Struggling at Resistance

12:35pm (EST) The market got a slight bid at the open as the bulls added some fluff to yesterday’s gains but the action has been choppy as we head into the second half of trading.  Economic news favored the bears this morning which slowed the 2-day momentum and tomorrow’s JulyRead more

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MomentumOptionsTrading.com Weekly Wrap for 4/15/12

11:30pm (EST) 1.  Market Summary  2.  Great Wolf Resorts (WOLF) – Bidding War Erupts 3.  Global Payments (GPN) Tumbling, Further Risk Ahead    4.  Earnings  5.  Weekly Wrap Portfolio Update  6.  Week Ahead (To view the charts, please log into the Members Area and go to the Weekly Wrap PremiumRead more

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Bears Crack Another Layer of Support

9:00am (EST) The bears continued with their winning ways as they turned a snowball into an avalanche to bury the bulls by the close.  The market struggled early and often on Tuesday as the major indexes fell nearly 2% and below another layer of support.  The charts we have beenRead more

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Bulls Looking to Finish the Week Higher

1:10pm (EST) The bulls are on track to finish the first quarter and the start of the year with their highest gains in nearly 15 years.  Although economic news has come in lighter-than-expected today, the bulls are making another push at resistance as we head into the weekend.  The bearsRead more

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Mega Millions Hits $540 Million

1:10pm (EST) Before we talk about the market we wanted to remind everyone to go out today or tomorrow and spend five bucks on lottery tickets.  Get 5 buddies and spend $25 together and get 25 tickets.  The Mega Millions has an estimated jackpot of $540 million and is availableRead more

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Tech Shines as Nasdaq Advances

9:00am (EST) The bulls got off to a good start for the week following Friday’s flat action and put up some good numbers yesterday.  Much of the advance was thanks in part to Apple’s (AAPL, $601.10, up $15.53) dividend announcement but the Financial stocks did well again and continue toRead more

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S&P Triggers 1,400

Bulls Hold Fort, Futures Up

9:00am (EST) The bulls made another run at greener pastures on Wednesday but ran out of steam at the next resistance levels following Tuesday’s big push.  The Financial stocks helped the bulls from the start and had another good day while other sectors lagged.  The strong gains in American ExpressRead more

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MomentumOptionsTrading.com Profit Alert (AXP, COF) for 3/14/2012

9:55am (EST) We have action to take on 2 trades that we just released yesterday morning.  American Express (AXP, $55.88, up $1.63) and Capital One (COF, $51.94, up $0.99) are zooming again today and we want to lock-in profits on at least half of our positions given the strong gains.Read 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.