Posts Tagged ‘Ford’

Random Thoughts

10:45am (EST) There’s not a lot of green out there as the bulls are taking a breather ahead of the FOMC fireworks.  I was pushed for time this morning which is why I posted right at the opening bell.  I have been busy with a couple of projects which I willRead more

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Bulls Push Market Higher, Nvidia Trade, Close BofA August Call Options

1:10pm (EST) The Dow has come off its high of 9,288 and is currently up 83 to 9,255. After such a strong open we are seeing a slight pullback which will help us determine just how serious the bulls are this week. The S&P 500 briefly touched 1,000 and isRead more

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Futures Pointing Towards Big Open

9:00am (EST) Futures are sharply higher this morning as broad gains in the overseas markets have helped put Wall Street in a buying mood this morning. Ahead of the bell, the Dow futures are up 78, to 9,205. The S&P 500 futures are up 9, to 994, while the NasdaqRead more

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Halftime Hits

Ford (F, $7.91, up $0.52) continues to push $8 and is looking golden to hit $10 by year-end if not sooner. Rick@MomentumOptionsTrading.com]]>

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Market Opens Higher

10:15am (EST) I wanted to see how we opened this morning before posting so I could get a feel for how things may play out today. The Dow is currently up 13 points to 9,167. The bulls will be taking aim on S&P 500 1,000 and right now the indexRead more

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Trade Updates

11:15pm (EST) Ford (F, $7.39, up $0.27) December 6 calls (FLI, $1.85, up $0.20) Entry Price: $1.25 (5/18/09) Exit Price: $2.50 Return: 48% Stop: $1.45 December 7 calls (FLJ, $1.20, up $0.13) Entry Price: $1.00 (5/18/09) Exit Price: $1.50-$2.00 Return: 20% Stop: 75 cents, raise to $1.00 Action: Another newRead more

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Wednesday's Wrap

11:30pm (EST)   Don’t shoot the messenger…              Green Mountain Coffee Roasters (GMCR, $67.50, down $0.25) reported earnings after the bell and said profits doubled but they missed Wall Street’s expectations on the revenue side.  I kept mentioning to get out of this earnings trade before the closing bell andRead more

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Fireworks After The Bell

1:00pm (EST) The bulls seem to be on vacation this week and the ones left behind are trying to hold Dow 9,000.  The market is holding up well despite the lack of momentum which is a good sign.  There are still political and economic risks to this market and I mentionedRead more

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Wednesday’s Wake-Up Call

9:00am (EST)   Futures are pointing towards a negative open after Durable Goods orders came in lower than expected.  Dow futures are down 38, S&P 500 index futures were down 6, while Nasdaq futures were down 7.    I mentioned the bulls were trying to hold Dow 9,000 and with earningsRead more

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Monday Morning Playbook – Cisco Gets Upgrade

10:30am (EST) We have a tiger by the tail… The Dow is currently up 75 points to 8819 while the Nasdaq is up 17 to 1903. The S&P 500 is over 947…yes, the bulls are back in town and they are having a party. The Tech sector is getting aRead more

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CFTC Disclosure:

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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.