Posts Tagged ‘Cisco Systems’

Market Holds Up Despite Earning Woes

12:45pm (EST)   The market has held up rather well despite the rough outings being posted by Amazon.com (AMZN, $86.00, down $7.87) and Microsoft (MSFT, $23.43, down $2.15) today.   The Dow is currently at 9050, down 18 points while the S&P 500 has slipped 3 to 972.  The Nasdaq is off byRead more

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Updated Trade Format

I have taken your requests and have tweaked how I’m going to profile the trades we are currently following and for the new ones down the road.  I use to do it this way in the Weekly Wrap but have added a few features.  As always, keep the comments andRead more

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Apple's Gravy Train

10:30pm (EST) Talk about a product(s) that sells itself. Every year, quarter after quarter, Apple (AAPL, $151.51, down $1.40) seems to impress us and Wall Street with a new gadget or an improved model on an already existing one. This quarter it was Apple’s new iPhone although it didn’t makeRead more

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Monday Morning Playbook – Cisco Gets Upgrade

10:30am (EST) We have a tiger by the tail… The Dow is currently up 75 points to 8819 while the Nasdaq is up 17 to 1903. The S&P 500 is over 947…yes, the bulls are back in town and they are having a party. The Tech sector is getting aRead more

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Another One Bites the Dust?

10:00am (EST) I was jamming to Queen’s classic hit song on my iPod last night and started wondering if Wall Street was doing the same for another company that might be taking a tombstone in the corporate graveyard.  The New York Stock Exchange (NYSE) halted shares in CIT Group (CIT,Read more

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IBM Call Options Double Heading Into Earnings

Intel (INTC, $18.05, up $1.22). Even better was the fact that the company also issued higher guidance for the third quarter. The news carried the entire Tech sector higher as it outpaced the other indexes by gaining 3.5%. The Nasdaq finished at 1,862, up 63 points for the day. TheRead more

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It's All About Intel

9:20 am (EST) Intel (INTC, $18.07, up $1.24) is powering the futures higher after beating Wall Street estimates by 10 cents.  The Chip sector will be strong today.  Dow futures are up 92 which should translate into a strong open. Bank of America (BAC, $13.22, up $.31) is also higherRead more

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Trade Updates

7:30am (EST) Futures are sharply lower this morning so many of these positions will have to be watched closely. There is a lot of good things being said about Ford (F, $5.89, down $0.02) and the stock held up well last week as it traded to a high of $6.25.Read more

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Weekly Wrap for 6/28/09

1. Commentary 2. Palm Continues To Surge 3. Precision Trading Tools & Tactics Live Webinar 4. Earnings 5. Current Trades 6. Closing Thoughts ************************************************** 1. Commentary The market made a lot of investors nervous last week as the bears took control on Monday after the World Bank cut its globalRead more

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Market Pulls Back

8:45pm Wednesday night (EST) The market started off on a good note after we got a great Durable Goods report in the morning.  We got a surprise 1.8% increase when Wall Street was expecting a 0.9% decline.  As a result, the Dow managed a triple-digit gain and ran up to 8,428Read 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.