Posts Tagged ‘Caterpillar’

Bears Gaining Momentum

9:10am (EST)    Folks, this is the most exciting market we’ve seen in quite some time and the dramatic increase in day-to-day volatility is unfolding just like we thought it would. The market’s moves are reminiscent of the huge price swings in late 2008 and early 2009 when everybody panicked overRead more

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Bulls Push Market To Yearly Highs

9:05am (EST)  “Buy when you are scared to death; sell when you are tickled to death.” – Market Maxim That was our exact feeling in February after the market stalled in mid-January and was trending lower.  From our February 25th, 9am update:  “We continue to feel the current volatility is pointingRead more

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Housing Starts Drops Market

1:00pm (EST) The bears took advantage of a weak housing report today and have crashed the earnings party the bulls were ready to have.  The Commerce Department said applications for home building permits, a measure of future construction, fell in September by the largest amount in five months.  Not a good signRead more

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Imax Shares Rising

Imax (IMAX, $4.95, up $0.42) is up another 10% today as we head into the final hour of trading. The stock has been in a steady uptrend since an update from December 3. At the time, I had listed several Movie/ Entertainment stocks to keep an eye on but likedRead more

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Trade Updates

Alcoa (AA, $11.86, down $0.25) opened lower and struggled all day to stay in positive territory. The company will report earnings next Monday, January 12. The Alcoa January 10 calls (AAAB, $2.23, down $0.09) had a stop of $2 which was hit today. These calls could have been entered onRead more

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2008 – A Year Hit By A Truck

Index 1. Commentary 2. Financial Sector Takes a Beating 3. Options Versus Stocks 4. Current Trade Updates 5. Alcoa and Caterpillar 6. Schlumberger 7. Volatility Index 8. Mortgage Rates Drop Like A Rock 9. Closing Thoughts ************************************************** 1. Commentary Out with the old, in with the New Year. Wall StreetRead more

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Market Flat Despite Unemployment Claims

The market has managed to hold its own despite an unexpected jump in the number of people filing for unemployment. New claims for jobless benefits rose to 573,000 from an upwardly revised figure of 515,000 in the previous week. That knocked the socks off Wall Street which was far moreRead more

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Market All Smiles

The market powered higher on Monday following news that President-elect Obama will increase infrastructure spending to lift the economy once he takes the keys to the White House. The Dow blasted though the all-important 9,000 barrier but closed slightly below this level. Still, its 300-point gain to 8,934 put theRead 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.