Posts Tagged ‘FCX’

Market Slightly Higher At Halftime

1:05pm (EST) There has been a flurry of economic news this morning that has moved the market and the bears were able to push the major indexes lower at the open.  However, the bulls got some “better-than-expected” news and have fought back to take a slight edge heading into secondRead more

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Futures Pointing Towards Lower Start

9:05am (EST) The bulls took another two steps backwards on Monday after failing to capitalize on Friday’s one step forward.  We knew last week at some point there would be a “dead cat” bounce or a “short covering” rally but we didn’t expect one before the weekend.  However, we had a feeling itRead more

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MomentumOptionsTrading.com Weekly Wrap for 8/15/10

10:20pm (EST)   1. Market Summary 2. Is Research In Motion (RIMM) a Risk or Reward?    3. A Closer Look at Copper     4. Freeport McMoRan (FCX) Finds Range 5. Week Ahead   = = = = = = = = = = = = = = =     Read more

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Hit Me With Your Best Shot

10:40am (EST) Fire away, hey-hey… The bulls invited the bears into the ring and immediately took the bears best shot.  The unemployment report came in as expected, 9.8%, but the job loss of 263,000 was way more than the 180,000 Wall Street had expected. I told you this morning IRead more

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GE, Baidu.com Breaking Out

12:30pm (EST) General Electric (GE, $16.68, up $0.68) is rolling this week.  The stock opened Mondayat $14.55 and closed yesterday at $16.  Today’s 4% pop is shows the stock’s momentum after passing hitting the $16 level and shares look poised to run to $17 where there is resistance.  Volume is thru the roof as 113 millionRead 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.