10:50am (EST) We have another Profit Alert on a triple-digit winner as our call option trade on General Electric (GE, $25.25, up $0.57) has doubled this morning. We have been hot with earnings trades of late and we got our subscribers in GE yesterday ahead of this morning’s earnings announcement.Read more
MomentumOptionsTrading.com Profit Alert (GE) for 10/18/2013
Trading Range Continues
9:00am (EST) The bulls and bears went through the motions of testing support and resistance on Tuesday but in the end it was a flat finish despite good earnings and better-than-expected economic news. Still, Wall Street seemed tentative ahead of the FOMC minutes due out later today **************************** If youRead more
Google (GOOG), Microsoft (MSFT) Take a Hit
1:25pm (EST) The heat wave across America has effected the bulls as they remain white-hot but they were cooled following yesterday’s push to record highs. The bulls were behind the 8-ball as soon as the market closed on Thursday as Microsoft (MSFT, $31.63, down $3.81) and Google (GOOG, $894.70, downRead more
Google (GOOG) Rocks, Stock Drops
9:05am (EST) The bulls extended the major indexes winning streak to six following Thursday’s gains. However, judging by this morning’s futures, the bulls will have to dig out of a hole to make it seven in-a-row. The Dow managed to squeeze a 22 point win and closed at 11,144 after touching a low of 11,096Read more
Bulls Looking To Win The Week
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
Gold Breaks Four Figures
Diary of an Option Trader
11:15am (EST) The unemployment numbers really threw a monkey wrench in this morning’s trading plan and despite the Dow’s best efforts, we have slipped off of our highs. The unemployment rate jumped again, to 8.9% from 8.5%, as many businesses continue to be cautious from hiring. Selected areas are pickingRead more