9:00am (EST) The bulls are winning the tug-of-war this week following Thursday’s action as the market ended mixed once again. Tech was the Debbie Downer as the Nasdaq finished lower but the index, along with the Dow and S&P 500 are showing solid gains heading into today’s final session. The
Bulls Should Get Weekly Win
MomentumOptionsTrading.com Profit Alert (GMCR) for 5/3/2012
10:00am (EST) It’s official. Green Mountain Coffee Roasters (GMCR, $29.80, down $19.72) has become our biggest option trade winner for 2012 as the puts we recommended have returned us 576%. The May 35 puts (GMCR120519P00035000, $5.70, up $5.30) closed yesterday at 40 cents and are up a whopping 1,600% today!
Bulls Recover, Futures Up
9:00am (EST) The bulls made a nice recovery from yesterday’s opening bear ambush as they were able to push Tech higher and nearly recovered all of the blue-chips losses. As we have seen so many times during this 5-week trading range, just when it appears one side has the edge,