Posts Tagged ‘best option trader’

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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S&P Breaks 1,300

1:00pm (EST) The market is up as we head into the second half of trading but has stayed in a narrow range since the open.  Earnings have been good and bad while economic news has also been mixed as pending home sales came in better-than-expected, while initial jobless claims disappointed.Read more

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Close But No Cigar

9:20am (EST) We had to hold back on our “victory” cigars because the market wasn’t able to break and hold our targets for the indexes on Wednesday.  Yes, if it were government work, yesterday’s numbers would’ve have counted, but we like real numbers and the indexes remain just under resistance.  The good news wasRead more

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Bulls Tackle Dow 12,000, New Trade Recommendation

12:50pm (EST) Write it and they will come… In our “Field of Dreams”, we had a vision of Dow 12,000; S&P 1,300; and Nasdaq 3,000 back in October 2010.  We have written and talked about these targets for the last 3 months and today was opening day.  We felt itRead more

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Market Rebounds, Bulls Eye Resistance

9:00am (EST) We had a feeling the bulls would battle back yesterday and we said in our 1pm update we wouldn’t be surprised to see a positive close for the market.  Well, two-outta-three ain’t bad… The market spent much of Tuesday’s session in red ink and was near its lowsRead 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.