9:42am (EST) One of our call option trades from yesterday is up a whopping 220% in 24 hours. Let’s go lock-in some profits. Subscribers, check the Members Area for the update.
MomentumOptionsTrading.com Profit Alert (GMCR) for 9/11/2012
Nonfarm Payrolls Rock Wall Street
1:35pm (EST) Futures were slightly lower when the overseas markets opened and we mentioned yesterday we had a nervous feeling about today’s nonfarm payrolls report. We closed 2 calls option trades this week because we got a clue on Wednesday the bears had a good chance of cracking support. WeRead more
Bulls Looking For a Bounce
Market Backs Off Highs
12:45pm (EST) The bulls continue their quest for new 52-week highs following better-than-expected economic news and a host of good earnings. Initial Claims came in at 367,000 versus expectations for a print of 371,000, while Continuing Claims were 3.43 million versus a forecast for 3.54 million. Elsewhere, Nonfarm Productivity wasRead more
Bears Hold Weekly Edge
Green Mountain Coffee Roasters (GMCR) Seeing Red
Starbucks (SBUX) Bucks the Trend
Big Vote after the Bell
1:20pm (EST) The market is seeing green today for the first time all week as all three of the major indexes are up. Although the debt ceiling debate remains unresolved, the bulls got some good news this morning after learning Jobless Claims came in under 400,000 at 398,000. Wall StreetRead more
Let the Grilling Begin
12:20pm (EST) The market has traded in a tight range today ahead of the Fed’s conclusion of its two-day meeting on interest rates. The latest FOMC policy statement is due at 12:30pm (EST) which will be followed by a Q&A session with Fed Chairman, Ben Bernanke. Futures were pointing towardsRead more