Posts Tagged ‘JPMorgan Chase’

Market Hits Fresh 2011 Lows

9:00am (EST)  We mentioned yesterday we were excited about the market going lower because A) it proved our homework back in August was about to pay off and B) our subscribers have made a wheelbarrow full of money over the past few weeks following our option recommendations.  Of course, 2011 hasRead more

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Dow Eyes 10,000

Intel Pushing Higher Ahead Of Earnings

1:00pm (EST) The bulls are trying to get the market higher today after starting off the session behind the 8-ball.  They are doing a pretty good job as they did get the market into positive territory but we have since slipped once again.  The Dow opened lower and traded toRead more

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JPMorgan Up Pre-Market/ Google On Deck

9:20 am (EST) This has been “cheap out-of-the-money option and earning expiration trade week” and it only happens four times a year. I like to consider these four times a year events like going to Las Vegas or Atlantic City. These options trades have been no different than playing $50Read more

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Monday Morning Playbook Update

1:50pm (EST) I mentioned a slew of names and trades in the Monday Morning Playbook in the Weekly Wrap Sunday night. Most of the trades have done rather well and here is a look at what has happened so far. Remember, in the Weekly Wrap I said all of theseRead more

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Weekly Wrap for 4/12/09

1. Commentary 2. Take-Two Interactive Back in Play? 3. Banking on Bank of America Pays Off 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Down but not out, the bulls staged a furious rally last Thursday that sent the bears a message thatRead more

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It's All About the Financials

Weekly Wrap for 2/1/09

1. Commentary 2. Month-end Review 3. Opening and Managing a Trading Account 4. Using Option Straddles 5. Current Trades 6. Earnings 7. Closing Thoughts ************************************************** 1. Commentary The market suffered its fourth straight losing week but the losses were kept to less than 1%. The Dow got off to aRead more

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Bailout Signed, Market Retreats

It’s official. After a week of haggling, the House finally approved the $700 billion government bailout of the financial industry on Friday with President Bush quickly putting his John Hancock on the bill. It was almost a foregone conclusion that the bill would get passed and the bulls on WallRead more

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Stop Losses and Targets

I received a lot of emails on the JPMorgan Chase (JPM, $49.49, up $0.24) trade yesterday and this morning. First, thanks for writing and keep the emails coming. Many of the questions involved stop losses and targets and where the options I discussed are headed. I’ll go over a fewRead more

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CFTC Disclosure:

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.