MomentumOptionsTrading.com Weekly Wrap New Trade/ Profit Alert (EXAS) for 1/7/14
11:55am (EST) The slick talking pros are now saying “it’s a stock picker’s market” but hasn’t it always been? We
11:55am (EST) The slick talking pros are now saying “it’s a stock picker’s market” but hasn’t it always been? We
12:45pm (EST) The market has bounced around in a tight range today and on both sides of the ledger but
12:50pm (EST) FaceBook (FB, $40.60, up $2.60) finally opened for trading around 11:30am (EST) and the first print was $42.05.
9:00am (EST) The bulls were behind the 8-ball again on Wednesday as the bears pushed March lows at the open.
9:00am (EST) The market got off to a good start on Wednesday but we didn’t think the bulls had enough artillery yesterday
11:05am (EST) For those of you who use our Twitter alerts to get updates outside of our normal print times
1:45pm (EST) The market continues to see-saw as Europe’s woes came back in focus today on the possibility of a
1:35pm (EST) For those of you who subscriber to our Weekly Wrap, we have just released a NEW TRADE. Check
10:40am (EST) For those of you who use our cell phone alerts to get updates, we have just released a
1:25pm (EST) We are seeing some good price action today. The bulls had a strong open and have steadily moved
8:50am (EST) There was some buying yesterday after our 1pm update as the bulls battled back from early losses to
1:05pm (EST) The market opened slightly higher and was showing a little momentum as oil came off its highs of
9:05am (EST) The market made some wild swings last week as volatility picked up along with geopolitical concerns. The bulls
1:00pm (EST) We were hoping for a better outcome for the bulls but the way futures were acting, we had
9:05am (EST) It was a choppy session on Wednesday as the market darted in-and-out of positive territory for much of
9:00am (EST) Whatever method you use to pick stocks (or options)…your ultimate success or failure will depend on your ability
9:00am (EST) The market ended Monday with the Dow, S&P 500 and Nasdaq all posting gains while oil ended lower
1:00pm (EST) The market continues its rebound from last week’s selloff. A lot of traders took out protection for the
9:00am (EST) The Dow gained 62 points, or 0.5%, on Friday and closed at 12,130. For the week, the index
1:00pm (EST) The bulls are holding fort as we head towards the second half of trading and wind down the
9:00am (EST) The market acted like we were hoping it would yesterday although support got stretched but held as the
12:15pm (EST) Futures were pointing towards a slightly lower open this morning but had improved from their overnight lows and
9:00am (EST) The world hates change, but it is the only thing that has brought progress – C. Kettering Our
1:00pm (EST) The bulls acted as if they wanted to take the market higher this morning but the bears are
9:00am (EST) We knew Monday night when we were doing our option training video that the bulls were in for a
12:45pm (EST) The market opened sharply lower this morning as crude prices soared while protests in Libya have caused some
9:00am (EST) The usual bull market successfully weathers a number of tests until it is considered invulnerable, whereupon it is
1:35pm (EST) The Dow is up 55 points and started the week at 12,373. The index has traded to a
2:45pm (EST) We have just updated our closed trades for 2011. You can request our current track record by sending
1:40pm (EST) We have just released 2 NEW TRADES in our Members Area. It is rare we post outside our
12:45pm (EST) Futures were pointing towards a strong open and we knew when we were typing this morning’s update the
1:05pm (EST) The market started off in the red but has rebounded as the bulls look to extend their 6-week
8:40am (EST) We all know that stock-splits don’t mean much in monetary value when a company announces a 2-for-1 split.
9:10am (EST) Futures are pointing towards a slightly higher open this morning. Ahead of the bell, Dow futures are up
9:15am (EST) The Walt Disney Company (DIS, $26.84) has agreed to acquire Marvel Entertainment (MVL, $38.65) in a stock and
Oil is hovering around the $40-a-barrel mark and there seems to be some sentiment that it could be headed higher.