Posts Tagged ‘IBM’

Blue-Chips Get a Facelift/ Profit Alert (QQQ)!!!

12:10pm (EST) Out with the old, in with the new. The Dow Jones Industrial Average is made up of 30 stocks.  From time-to-time, stocks are dropped and others added to make up 30 “blue-chips” companies.  Today’s announcement in a 3-swap deal kicks Alcoa (AA, $8.07, down $0.02), Bank of AmericaRead more

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Big Blue (IBM) Comes Through/ New Trade / Profit Alert!

11:50am (EST) The market has been in a tight, mini-trading range for the past 4 sessions but today’s action could be the start of another leg higher.  Earnings continue to come in ahead of expectations for the most past and the gains in International Business Machines (IBM, $199.63, up $5.08)Read more

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Bears Loving Monday’s

9:00am (EST) “July option expiration is Friday and over the past decade, the third Friday in July has been bearish 70% of the time.  In 2002, the Dow lost nearly 5%, falling from 8,409 to 8,109.  In 2010, the blue-chips lost 2.5% after dropping from 10,359 to 10,097. The DowRead more

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Bulls Struggling at Resistance

12:35pm (EST) The market got a slight bid at the open as the bulls added some fluff to yesterday’s gains but the action has been choppy as we head into the second half of trading.  Economic news favored the bears this morning which slowed the 2-day momentum and tomorrow’s JulyRead more

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Alcoa (AA) First Blue-Chip to Report

1:10pm (EST) The bears are picking up where they left off on Friday as futures were suggesting a lower open throughout the night.  Much of this morning’s headlines have come from overseas as the Europe debt crisis continues to be an overhang.  The eurozone finance ministers are meeting again todayRead more

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Earnings, Sentiment Weigh on Market

1:00pm (EST) IBM (IBM, $201.63, down $5.82) and Intel (INTC, $27.91, down $0.56) are weighing on the market after reporting earnings after the close on Tuesday.  IBM beat estimates but missed on revenues while Intel is trading lower after reporting lower gross margins for the quarter. The Dow is currentlyRead more

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Bears Recover Despite Window Dressing by Bulls

9:00am (EST) “Although this week is historically bearish, we could see some “window-dressing” by the fund managers which means they will be buying stocks early in the week.  We still feel the market is close to peaking but we wouldn’t be surprised to see one last run at our near-termRead more

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Bulls Eye April Highs, Bears Banking on Greece

9:00am (EST) Well, Europe didn’t flare up and 4Q earnings came in halfway decent for some, not so good for others.  These were the 2 catalysts that we said would move the market higher or lower last week and the results favored the bulls who were able to push anotherRead more

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Microsoft (MSFT) Keeps Momentum, Shares Up

9:00am (EST) The bulls rolled out the red carpet after the bell on Thursday as a number of companies were set to report earnings.  Despite the high profile events, the market moved higher as Tech once again led the way. The Dow gained 46 points, or 0.4%, to finish atRead more

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Thursday’s 4 Horsemen (GOOG, INTC, MSFT, IBM)

9:00am (EST) The bulls got off to a good start on Tuesday following Monday’s holiday as overnight and morning futures were up significantly before the European markets opened for trading.  The major averages surged 1% out of the gate but finished the day giving back half the highs and thenRead more

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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.