Posts Tagged ‘Cisco Systems’

Unemployment Hits 10%

9:15am (EST) We were expecting the Dow to trade pretty close to 10,000 going into Thursday’s close as we said it would be the level the bulls and bears do battle at.  The Dow added over 200 points to close at 10,005 yesterday after a better-than-expected jobless claims report andRead more

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Cisco Beats Street, Stock Up

9:15am (EST) Cisco Systems (CSCO, $23.29, up $0.38) does it again.  It shouldn’t come as a surprise the company beat earnings because it has always been known as the “penny beater” on Wall Street.  But this time was different.    For the quarter, Cisco said it earned $1.8 billion, or $0.30 aRead more

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Big Week For Earnings

8:30am (EST) The bulls took the ball and ran with it as the market headed higher throughout the week and finished strong on a number of positive developments.  Things got rolling on Monday when the Dow popped 113 which was followed up with a 132 point gain on Tuesday.  By theRead more

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Random Thoughts

10:45am (EST) There’s not a lot of green out there as the bulls are taking a breather ahead of the FOMC fireworks.  I was pushed for time this morning which is why I posted right at the opening bell.  I have been busy with a couple of projects which I willRead more

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Tuesday's Tidbits

9:30am (EST) Bank of America (BAC, $16.68, up $0.26)   November 17.50 calls (BYOKZ, $1.50, up $0.10)   Entry Price: $1.25 (8/10/09) Exit Target: $2.50 Return: 20% Stop: 60 cents     November 20 calls (BYOKT, $0.70, up $0.04)       Entry Price: $0.50 (8/10/09) Exit Target: $1.00 Return: 40% Stop: 25 cents      CiscoRead more

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Trade Updates

11:35pm (EST) Bank of America (BAC, $16.42, down $0.28) November 15 calls (BYOKO, $2.60, down $0.27) Entry Price: $1.50 (6/12/09) Exit Price: $3.00 Return: 100% Stop: CLOSED Action: These calls hit $3.20 on Friday and I had raised our exit target Thursday night to $3.00. BofA traded to a highRead more

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Futures Pointing Towards Big Open

9:00am (EST) Futures are sharply higher this morning as broad gains in the overseas markets have helped put Wall Street in a buying mood this morning. Ahead of the bell, the Dow futures are up 78, to 9,205. The S&P 500 futures are up 9, to 994, while the NasdaqRead more

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Trade Updates

11:15pm (EST) Ford (F, $7.39, up $0.27) December 6 calls (FLI, $1.85, up $0.20) Entry Price: $1.25 (5/18/09) Exit Price: $2.50 Return: 48% Stop: $1.45 December 7 calls (FLJ, $1.20, up $0.13) Entry Price: $1.00 (5/18/09) Exit Price: $1.50-$2.00 Return: 20% Stop: 75 cents, raise to $1.00 Action: Another newRead more

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Wednesday’s Wake-Up Call

9:00am (EST)   Futures are pointing towards a negative open after Durable Goods orders came in lower than expected.  Dow futures are down 38, S&P 500 index futures were down 6, while Nasdaq futures were down 7.    I mentioned the bulls were trying to hold Dow 9,000 and with earningsRead more

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Weekly Wrap for 7/26/09

1. Commentary 2. Green Mountain Coffee Roasters Brewing Big Gains 3. Earnings 4. Current Trades & Closed Trades 5. Monday Morning Playbook 6. Closing Thoughts ************************************************** 1. Commentary The market continued its upward momentum last week after a wave of better-than-expected earnings helped pushed the Dow over 9,000. Nearly halfRead 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.