Posts Tagged ‘MGM’

Bears Crack First Wave of Support

12:45pm (EST) Picking a market top is never easy but we have been bulls-eye accurate all year long in predicting where the market is headed and what the trend is.  We haven’t had much downside market action except for the one in June to a test to the 100-day MA’sRead more

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MomentumOptionsTrading.com Profit Alert (MGM)/ New Trade for 8/6/2013

10:35am (EST) We got a nice open on shares of MGM Resorts International (MGM, $17.41, up $0.86) this morning as we have been calling for a breakout to new highs.  The 2 call options we recommended in late July are up triple-digits so it’s time to ring the register onRead more

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Bear Struggling to Hold Losses

2:00pm (EST) The market is mixed as we head into the final few hours of trading.  The bears got a nice jump at the bell following worse-than-expected data from the ADP Employment Change report which showed only 119,000 private-sector jobs were added in April.  Wall Street was looking for aRead more

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Bears Crack Another Layer of Support

9:00am (EST) The bears continued with their winning ways as they turned a snowball into an avalanche to bury the bulls by the close.  The market struggled early and often on Tuesday as the major indexes fell nearly 2% and below another layer of support.  The charts we have beenRead more

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Bulls Looking to Rebound

9:00am (EST) The market finished Monday’s session pretty much where we figured the dust would settle as the major indexes fell 1%, on average.  Although there was some backfilling, or a bounce off the lows, the bulls were unable to hold support as the selling pressure lasted throughout the session… Read more

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Next Week Will Be Interesting

1:00pm (EST) The market is mixed as we head into the second half of trading and a 3-day weekend. The major indexes have trudged higher for much of the day although Tech is slipping following yesterday’s big run. For those of you who subscribe to our Weekly Wrap, today is payday onRead more

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MomentumOptionsTrading.com Weekly Wrap for 2/12/12

11:00pm (EST) 1.  Market Summary  2.  Pizza Inn (PZZI) – Our New Favorite Pie     3.  Standard Pacific (SPF) – Is Housing Back?      4.  Earnings  5.  Weekly Wrap Portfolio Update  6.  Week Ahead (To view the charts, please log into the Members Area and go to the Weekly WrapRead more

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Caesars Entertainment (CZR) Surges in IPO Debut

12:55pm (EST) The bulls got off to a good start today for the first time this week following better-than-expected earnings for the most part from Walt Disney (DIS, $41.38, up $0.40) which we were a part of, and higher same-store sales at McDonald’s (MCD, $100.04, down $0.87) but the twoRead more

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MomentumOptionsTrading.com Profit Alerts for 1/20/2012

10:40am (EST) We have profits to take on a number of trades.  One of our trades is up 80% in less than 24 hours so we are taking half profits ahead of the weekend.  Our Microsoft (MSFT, $29.07) trade is up 54% in 2 weeks so we are closing itRead more

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Bulls Hold the Open, Rebound Iffy

12:15pm (EST) The market opened higher as expected this morning and we have been watching the action to gauge how strong the bounce is.  The bulls struggled to hold onto their gains 30 minutes into the session with the Dow and S&P briefly dipping into negative territory but got aRead 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.