Posts Tagged ‘Citigroup’

A Lesson on V’s

7:50am (EST) Every bull and bear market is different and when those trends are in place, option trading can be like catching fish in a barrel.  Usually, the upside in bull markets can be extreme with explosive moves that shoot way past resistance levels.  The same is true for bearRead more

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MomentumOptionsTrading.com Weekly Wrap for 7/18/10

Another Battle Begins 11:00pm (EST) Earnings season officially got underway last week and so far it favors the bears going forward.  There were a number of “surprises”, some good/ some bad, but the overall theme is companies are having no problems beating lowered expectations but they aren’t doing Jack with growingRead more

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Bears Looking For Bulls to Tap-Out

9:00am (EST) Like a good UFC fight, the bears finally landed the blow we were all waiting to see. Before we talk about the market, we would like to talk about the emotional stress that comes with option trading.  Sometimes it is hard to see the forest through the trees, and we know itRead more

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Whirlpool (WHR) Whips Wall Street's Estimates

1:00pm (EST)    The bulls have gotten off to another good start and appear ready to challenge our short-term targets we discussed in Sunday’s Weekly Wrap. We mentioned the solid earnings report from Caterpillar (CAT, $71.91, up $3.13) this morning but Whirlpool (WHR, $116.38, up $14.16) absolutely crushed it and knocked theirRead more

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Futures Pointing Towards Lower Open

9:00am (EST) The bulls got some good news yesterday in the form of the Dubai $10 billion “bailout” package and the Dow’s advance could have been more if Exxon Mobil (XOM, $69.69, down $3.14) didn’t drop 4%.  The company said it would acquire XTO Energy (XTO, $47.86, up $6.37) for $30 billion or so andRead more

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Fed Watch Today

9:20am (EST) Futures are slightly higher this morning as Wall Street awaits the Federal Reserve’s decision on interest rates.  Dow futures are up 11 to 9,782.  S&P 500 futures are higher by 2 to 1,069 while the Nasdaq 100 futures are up 7 to 1,740. The U.S. central bank is expected to keep interest ratesRead more

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Futures Pointing Towards Higher Open

8:45am (EST) Futures are steam-rolling higher this morning, pointing towards a nice open as the market tries to rebound from yesterday’s losses.  It looks like the bulls are ready to run once we open but will it be enough to get the Dow to 10,000? Ahead of the bell, Dow futures areRead more

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Retail Sales Lift Futures, Best Buy Misses

9:00am (EST)   Futures were slightly higher before the Retail and PPI numbers came out at 8:30am.  Before the reports the Dow futures had been up 4 while the S&P 500 futures were higher by 1 but jumped after the reports were released.  August Retail Sales were up 2.7% compared to expectationsRead more

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A Blast From The Past

8:25am (EST) Somebody forgot to tell the bulls that September is historically a bad month for the market.  There wasn’t much action heading into Friday’s unemployment report but now that it is out of the way, the bulls seemed determined to take us higher. The Financials put in a goodRead more

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Weekly Wrap for 9/7/09

11:00pm (EST) 1. Commentary 2. Imax Could Be A Wildcard 3. Earnings 4. Current Trades 5. Closing Thoughts ************************************************** 1. Commentary The market was on pins and needles all week as all eyes were on “the number” before the bell on Friday.  It was a choppy week that started offRead 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.