Posts Tagged ‘Cisco Systems’

Green Mountain Splits Stock/ Cisco Up

If you are watching the pre-market trades this morning you will notice that Green Mountain Coffee Roasters (GMCR, $63.36, down $30.18) is printing $63.36. If you bought that stock last week or yesterday, you might be freaking out right now if you are unaware of the share split. The companyRead more

More

Market Rebounds After Starting Lower

10:00pm (EST) The bulls are back in town. Well, they never left really. The bears came up swinging Monday after being bullied around last week and were off to a good start. However, today’s round actually went to the bulls as the Dow finished with a slight gain (1 point)Read more

More

Weekly Wrap for 6/7/09

1. Commentary 2. Dow Takes New Shape 3. TiVo Hits 52-Week High 4. Earnings 5. Current Trades 6. Closing Thoughts Visit us at Blog.OptionsMentoring.com for live daily market commentary during the week. To join our elite trading service that offers you the chance to “earn while you learn”, go toRead more

More

Market Surges, Pulls Back

10:00am (EST) The euphoria wore off quickly as Wall Street started to digest the unemployment numbers. The Dow reached a high of 8,839 and is currently up 25 points at 8,775. It looks like this rally is fading so sell at least half of the Apple (AAPL, $144.84, up $1.10)Read more

More

News Flash: Dendreon Up in After-Hours

Dow Takes New Shape

9:15am (EST) Out with the old, in with the new. Sorta. The Dow managed to extend its May gains with a 221 point pop on Monday. The 2.6% advance took the index to 8,721 and right up to resistance. The strong close has the Dow challenging the 9,000 level andRead more

More

Bulls Come Out Swinging

9:30am (EST) Like cotton on sheep, the bulls are all over the opening bell. The Dow just opened and is currently up 110 to 8,610; the Nasdaq is up 22 to 1,796 and the S&P 500 has added 12 and is at 931. The big news of course is GeneralRead more

More

More on General Motors – Update at 1:30pm

1:30pm (EST) Just wanted to add something to the blog below. The GM June 1 puts (GMVR, $0.61, up $0.07) have traded nearly 100,000 contracts as open interest has swelled to over 425,000 contracts. The put options opened at 57 cents today. The action is amazing and it remains toRead more

More

Just What the Doctor Ordered

12:30pm (EST) OceanFreight (OCNF, $1.88, up $0.09) had its 15-minutes of fame as the stock hit a high of $2.10 earlier this morning. I mentioned last night to look for an exit above $2 and we were right on point. The December 2.50 calls (QZVLZ, $0.65, unchanged) traded as highRead more

More

Wednesday Wake-Up Call

9:00am (EST) Cisco Systems (CSCO, $18.88, up $0.16) made a run over $19 as the July 19 calls (CYQGA, $0.98, up $0.10) hit a high of $1.20 yesterday. They opened at 61 cents on Monday. This was a covered call play but some of you may have bought them straight-up.Read more

More

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.