Posts Tagged ‘option selling’

Abercrombie, Apollo Can't Be Trusted

9:10am (EST) We often talk about Abercrombie & Fitch (ANF, $32.67, down $3.54) and Apollo Group (APOL, $63.94, up $0.24) in a negative light when we report the news on these two companies and there is a reason why.  We don’t trust them. As an option trader, you will learn there are quiteRead more

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Keep Your Eyes On The Road

1:00pm (EST) And your hands upon the wheel…we’re going to the roadhouse and we’re going to have a real..good time… Folks, the market will get its first big test tomorrow when the unemployment news hits the wire.  The Dow is currently up 4 points 10,577 and the S&P 500 isRead more

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Eye On The Prize

9:00am (EST) It is amazing the price swings stocks and options can go through.  The best part about being an option trader is that there is always a trade out there.  With so many sectors and ways to use options, the possibilities are endless as sectors get hold or coldRead more

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Market Struggling With Direction

1:00pm (EST) It looks like Wall Street is waiting on Friday to do battle.  The Dow is currently down 4 points to 10,567 while the Nasdaq is off 6 points to 2,303. We are running a little behind as we have spent much of the morning monitoring our positions.  WeRead more

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Futures Point To Lower Open

9:00am (EST) The bulls managed to stage a late comeback yesterday as they pulled the market from its lows and managed to take two-out-of-three “rounds” from the bears.  The S&P 500 managed a 3.5 gain to settle at 1,136 while the Nasdaq posted a half-point to close at 2,308.  The Dow openedRead more

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Good News Galore

1:10pm (EST) Our trades are hotter than a James Bond Girl… Folks, the market is slightly lower today but we have got our subscribers into some good trades.  The Dow is currently down 34 points to 10,549 as the bulls seem a little tired after yesterday’s huge rally. The S&PRead more

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Bulls Looking For Momentum

9:05am (EST) The market got off to a good start for 2010 as the Dow rallied 155 points to close at 10,583.  In the process, the index made a 52-week high and was followed by strong gains in the Nasdaq (up 39 points to 2,308) and the S&P 500 (upRead more

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Bulls Come Out Running

1:10pm (EST) We have updated all of the current trades we are following and they continue to do well.  We are running behind so our commentary will be light as we have been spending our morning updating and watching the trades.  Current subscribers were delivered another NEW trade this morningRead more

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Futures Pointing Towards Higher Open

7:45am (EST) We said in last night’s Weekly Wrap that all eyes will be on the dollar and Friday’s jobs report.  As expected, the dollar rose to a two-week-high against the euro this morning and Wall Street is placing bets that Friday’s U.S. employment data could continue to point toward a recovery. As weRead more

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MomentumOptionsTrading.com Weekly Wrap for 1/3/10

10:40pm (EST) We were busy on the last trading day of 2009 adjusting trades and locking in gains on half positions.  We even did a market update late in the afternoon and mentioned the bears had controlled much of the action but the damage was minimal.  However, selling accelerated in the lastRead 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.