Posts Tagged ‘c’

Bulls Holding Gains but Resistance Still Looms

1:05pm (EST) The bulls and bears have traded blows for much of the session as the market has had a bevy of headlines to deal with today.  The indexes have traded in a tight range once again and got off to good start after Initial Claims came in at 358,000Read more

More

Bulls Eye April Highs, Bears Banking on Greece

9:00am (EST) Well, Europe didn’t flare up and 4Q earnings came in halfway decent for some, not so good for others.  These were the 2 catalysts that we said would move the market higher or lower last week and the results favored the bulls who were able to push anotherRead more

More

S&P Trips 1,300

12:50pm (EST) The market continues its push higher as the major indexes are enjoying a 1% pop across the board.  “Good news” out of China has offset some of Europe’s drama which was hit with more downgrades this morning.  The Financial stocks are mixed after Citigroup (C, $28.72, down $2.02)Read more

More

Citigroup (C) Reverses Course

12:20pm (EST) The market has gotten off to a slow start as both the bulls and bears feel each other out before mapping their next move.  Futures were pointing towards a higher open but were weakening as we headed towards the opening bell.  There is some rhetoric out of EuropeRead more

More

Market Flat heading Into Close

3:45pm (EST) The market has traded in a tight range today with neither the bulls nor bears making any major moves.  Volume is light and there hasn’t been any major headline news.  Financial stocks have held steady but have traded on the south side for much of the day.   OnRead more

More

Bulls Break Resistance, Citigroup (C) Pops

12:45pm (EST) The bulls are beating up the bears today but there is love in D.C. as Democrats and Republicans have extended the Bush-era tax cuts which have helped lift the market to new annual highs.  The Bush tax cuts have been extended to everyone for two years, payroll taxes haveRead more

More

MomentumOptionsTrading.com Weekly Wrap for 7/18/10

Another Battle Begins 11:00pm (EST) Earnings season officially got underway last week and so far it favors the bears going forward.  There were a number of “surprises”, some good/ some bad, but the overall theme is companies are having no problems beating lowered expectations but they aren’t doing Jack with growingRead more

More

Bulls Retreat As Weekend Approaches

12:55pm (EST) We have been mentioning since last week that July options expiration day has not been too kind for the bulls over the years.  History has made us look good on this call along with a number of events unfolding today. Let’s start with the market.  Yesterday we listedRead more

More

Bears Looking For Bulls to Tap-Out

9:00am (EST) Like a good UFC fight, the bears finally landed the blow we were all waiting to see. Before we talk about the market, we would like to talk about the emotional stress that comes with option trading.  Sometimes it is hard to see the forest through the trees, and we know itRead more

More

Whirlpool (WHR) Whips Wall Street's Estimates

1:00pm (EST)    The bulls have gotten off to another good start and appear ready to challenge our short-term targets we discussed in Sunday’s Weekly Wrap. We mentioned the solid earnings report from Caterpillar (CAT, $71.91, up $3.13) this morning but Whirlpool (WHR, $116.38, up $14.16) absolutely crushed it and knocked theirRead more

More

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.