Posts Tagged ‘Dow’

S&P 500 Triggers 1,700/ Profit Alert!!!

12:05pm (EST) Finally. It may have seemed like a long wait but now that the S&P has tagged 1,700 the wait is over.  We said this morning we could get a break out of the 2-week trading range as futures were showing a strong open and the run past 1,700Read more

More

Bulls Push Fresh Highs

12:25pm (EST) The bulls have pushed new high on the Dow and Nasdaq but are still having trouble with resistance with the S&P 500 and Russell 2000.  The market has pulled back off its highs and the action seems bullish ahead of today’s Fed speak. Futures didn’t have a bigRead more

More

Bulls Rebound, Push Resistance

1:50pm (EST) Futures were slightly lower when we were doing the Weekly Wrap last night but had battled their way back to near even just before the European markets opened this morning.  They got progressively better before the markets here at home opened which lead to a nice pop atRead more

More

Bulls Trying to Rebound

1:35pm (EST) The bulls are trying to rebound today but haven’t had much luck as the bears have controlled the majority of the action.  Yesterday’s pullback was slightly bearish and the bears are targeting the second wave of support.  If tested, it will be interesting to see if buyers stepRead more

More

Cisco Beats Estimates, Shares Surge 5%

9:00am (EST) The market ended mixed on Wednesday as the tug-of-war between the bulls and bears continued but there was action after the bell. The Dow fell 7 points, or 0.06%, to end at 13,164.  The blue-chips tested a low of 13,138 shortly after the open but rebounded to touchRead more

More

Bulls Push Upper Resistance

1:15pm (EST) The bulls are doing their best to end the bears’ 10-week Monday winning streak as the major indexes are pushing the next wave or resistance.  The charts from the weekend were showing there was a good chance the market could push the upper channels of resistance  and today’sRead more

More

Market Moves Lower

12:40pm (EST) We’ve had a busy Monday as we have opened two more new trades for our Daily and we were active with one of our Weekly Wrap trades as well.  The market got an opening pop which held for much of the morning but there has been a steadyRead more

More

Big Ben at Ten

9:00am (EST) The bears won their sixth-straight Monday as the market fell slightly following Friday’s huge pop.  We mentioned before Monday’s open that much of the rally came on short-covering and low volume and the advance only evened things up for the week.  The bulls have to be disappointed thereRead more

More

April Option Expiration Day Normally Bullish

9:00am (EST) The bears took another step closer to getting back to even for the week following Thursday’s big win. We mentioned the sun was shining over the bulls at the crack of dawn but things quickly reversed course after worse-than-expected economic news hit the Street.  We know the talkingRead more

More

Bulls Rebounding as Choppy Trading Continues

12:55pm (EST) The bulls are working on recovering Wednesday’s losses and got off to a great start this morning.  Once again, better-than-expected economic news played a role in the pop at the open but a couple reports came in worse-than-anticipated which cut the gains in half.  The good news isRead 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.