12:55pm (EST) Although the heart-and-soul of the major companies have already reported Q2 earnings results, there are a number of high-profile players reporting this week. We have a few trades for our Daily and Weekly Wrap that will be impacted, hopefully to the upside, and one of them is DendreonRead more
Dendreon (DNDN) Soars as Earnings Approach
Bears Resume Monday Trend
12:35pm (EST) Futures were showing a weak start for Wall Street last night but had improved before the opening bell this morning after Japan’s Gross Domestic Product (GDP) numbers came in worse-than-expected. The country’s GDP for the second quarter was 1.4% which was half the growth of the 2.7% figureRead more
Notes from the Street, NEW TRADE!!!
Bulls Looking to Rebound
9:00am (EST) The market finished Monday’s session pretty much where we figured the dust would settle as the major indexes fell 1%, on average. Although there was some backfilling, or a bounce off the lows, the bulls were unable to hold support as the selling pressure lasted throughout the session… Read more
Next Week Will Be Interesting
MomentumOptionsTrading.com New Trades for 2/15/2012
12:30pm (EST) We have 2 NEW TRADES we are releasing right now as we look to continue our hot streak. Subscribers, check the Members Area for the updates! ************************************ If you are not a subscriber but would like to read more please click here. We are one of the fastestRead more
Market Awaits Greece’s Fate
12:40pm (EST) The market is trading slightly lower to start the week after another failed weekend of talks between Greece and the European Union. The head officials want Greece to sign-off on new austerity measures and several of the politicians are against the new rules as you can imagine. TheyRead more
Bears Hold Weekly Edge
Bulls Hold Support, Dendreon (DNDN) Active
1:00pm (EST) Futures were weak throughout the night following a collapse in the Greece debt talks and got progressively worse as the European markets opened for trading. The weak open overseas translated into a lower start here at home as the bears try to stop the bulls recent momentum. TheRead more