Posts Tagged ‘option investments’

Bulls Looking to End Year on High Note

9:10am (EST) The bulls have been on a roll and here is where they are at: The Dow added 14 points on Friday, or 0.1%, to finish at 11,573.  For the week, the index added 82 points, or 0.7%, and broke through strong resistance at 11,500.  We have been targetingRead more

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Bulls Looking for a Sweep

1:00pm (EST) The market is a little mixed as we head towards today’s close but the bulls are winning the week so here is what we are watching: The Dow currently up 7 points to 11,565 and started the week at 11,491.  Our yearend target is 11,600-11,700 for the indexRead more

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Research In Motion (RIMM) Beats and Raises

9:00am (EST) The bulls took one more step towards breaking another layer of resistance on Thursday as they made a clean sweep of the major indexes.  The action this week has been slow-and-steady as the bears lack any follow-through on negative headlines and seem content on giving up ground.  TheRead more

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BP (BP) Back in the Spotlight

9:00am (EST) The bulls took a few more baby steps at breaking through another layer of resistance on Wednesday but ran out of gas into the close as the market finished lower after spending much of the day in positive territory.  There was a little progress made in the tax-breakRead more

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Boston Beer (SAM) Makes A Cheer

1:10pm (EST) The bulls are pushing the market higher after getting some better-than-expected economic news which has helped relieve some of the euro tensions from this morning.  The Consumer Price Index for November increased 0.1% after a 0.2% increase in the prior month. It had been expected to increase 0.2%Read more

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Dollar Strengthens, Futures Lower

9:00am (EST) All eyes were on the Fed Tuesday afternoon as the bulls were trying to extend their rally while the bears were hoping for a miracle.  Like a broken record, the Federal Open Market Committee (FOMC) once again said it would maintain interest rates at their current record lowsRead more

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Busy Day for Bulls and Bears

9:00am (EST) The bulls went into Monday morning with little earnings or economic news but had a few catalysts that helped them push the market higher throughout the day.  Although the gains were limited, the major averages did manage to hit multi-year highs on M&A news before a late-day pushRead more

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China Holds Off on Rate Hike

9:00am (EST) Futures are pointing towards a higher open this morning after China did not announce an interest rate hike over the weekend.  Most of the suit-and-ties on Wall Street had expected a rate hike and were relieved after China said that despite rising inflation, they would maintain a strongRead more

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Green Mountain Turning Red After Earnings

1:00pm (EST) The market opened slightly higher but has bounced around a little as the bulls are having trouble holding their gains while the bears are trying to hold down resistance.  It has been a tight week but the bulls are winning on the judges’ scorecard and could manage aRead more

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Bulls Looking to End Week on High Note

9:20am (EST) We covered most of Thursday’s action in our afternoon update and not much else happened after that as the market ended mixed.  The Dow lagged its two counterparts by ending the day in negative territory.  The S&P 500 and Nasdaq finished on higher ground. This week has beenRead 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.