12:35pm (EST) Unlike most people, we love Monday’s as it represents a fresh week and a new start as the market reopens for trading. While we do enjoy our weekends, our Sunday’s are spent researching the market, drawing charts, and looking for new trade ideas. We often stay up until
4Q Earnings Season Heats Up/ Profit Alert/ New Trade!!!
MomentumOptionsTrading.com Profit Alert/ New Trades for 9/28/2012
11:25am (EST) We have profits to take on 2 trades today. One of our current put option trades is up triple-digits (106% return in 15 days!) and we want to close out the other half of the trade to lock-in profits. One of our other trades, a call option, is
Market at Support, Bernanke on Deck
9:00am (EST) The market closed right at support like we figured heading into today’s big event. We are pretty sure Ben Bernanke checked yesterday’s closes on the indexes so he is well aware what his carefully chosen words could mean for the market. The Dow dropped 107 points, or 0.8%,