Momentum Trades

Posts Tagged ‘chicken trade’

February 14, 2011

Can't You See? The Bulls Are in Control

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis

8:45am (EST) “I’m gonna take a freight train down at the station, Lord…I don’t care where it goes”…  Well, back in October, we told you the bull train was leaving and last week’s market action was incredible to say the least. We are going to use some of last night commentsRead more

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February 11, 2011

1,325 Changes Everything

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis

11:45am (EST) We were pretty long-winded this morning and we talked a lot about next week, ranges, geopolitical events and trading instincts.  So what would change our mind about NOT having a rocky expiration week?  S&P 1,325 today. We all knew the market was opening lower this morning but evenRead more

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February 11, 2011

Who’s on First?

by Rick Rouse / Posted in Market Commentary, strangle option trades, Daily Update, Market Analysis, Strategies

9:00am (EST) Futures were pointing towards a rough outing on Thursday before the bell as the disappointing Tech earnings news we talked about was weighing heavy on the market.  However, the bulls remained calm throughout the chaos as they held down support after a better-than-expected jobless claims number and rallied the troops to a mixedRead more

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February 10, 2011

Bulls Hold Support

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis

1:00pm (EST) And we thought Curt Schilling had a curveball… We said this morning things could get hairy but the bulls have shown some strength today despite being big underdogs this morning.  The bears were hungry at the open but they have to be disappointed in the way today’s actionRead more

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February 10, 2011

Get Ready For the Rodeo

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis

9:00am (EST) If you trade options or have ever been exposed to volatility then this isn’t your first rodeo as far as the market.  As an option trader you can make a pretty good living by doing a lot of homework and chart reading but no matter how strongly youRead more

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February 9, 2011

Disney (DIS) Makes Walt Proud, Big Ben Stays Focused

by Rick Rouse / Posted in Daily Update, Earnings, Market Commentary

1:00pm (EST) The bears haven’t been much of a factor over the past 7 weeks and at some point they will wake up (which could be next week or not), but for now, the bulls are putting them to bed.  The market got off to a slow start and lossesRead more

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February 9, 2011

Bulls Pushing Near-Term Targets

by Rick Rouse / Posted in Daily Update, Market Analysis

9:00am (EST) What’s that old saying?  It’s not how you start the race, it’s how you finish. The bulls started Tuesday’s trading session off on a slow pace, falling behind early, before making a steady run higher throughout the day.  Economic news was light but buyers came in as theRead more

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February 8, 2011

Toyota (TM) Lifts Forecast, Shares Up

by Rick Rouse / Posted in Daily Update, Earnings, Market Analysis

1:15pm (EST) The market has traded in a tight range after a slightly lower open but has moved higher throughout the morning and into the afternoon as the dip that some have been calling for has failed to materialize.  We mentioned this morning that there wasn’t any major economic newsRead more

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February 8, 2011

Futures Slightly Higher Despite China Rate Hike

by Rick Rouse / Posted in Daily Update, Market Analysis, Market Commentary

9:00am (EST) There bulls had another outstanding day as they drove the market to fresh highs not seen since June 2008.  There was a mixture of M&A news which we covered yesterday and earnings were better-than-expected for the most part on Monday which provided the momentum for a higher close.  TheRead more

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February 7, 2011

M&A News Powers Market Higher

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis

1:10pm (EST)  There were a number of mergers and acquisitions (M&A) that were announced this morning which has provided the momentum for the bulls to push higher.  Some of the highlights include Ensco’s (ESV, $51.88, down $2.33) $7.3 billion purchase of Pride International (PDE, $39.81, up $5.42) and Danaher (DHR,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.

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