Posts Tagged ‘option trading course’

VIX Trips 15 as Bears Get Aggressive/ Profit Alert (233%!)!!!

12:30pm (EST) The bulls faced trouble at the open and the talking heads have been all jacked up on a pending correction following yesterday’s pullback and today’s test to the second wave of support levels. The Dow is on track for its worst week since June of 2012 despite theRead more

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Facebook (FB) Options List on Tuesday

12:20pm (EST) The market has traded in a tight range today as Wall Street winds down the books and looks ahead to a long 3-day weekend.  The bulls are still holding on to Monday’s huge pop but the action has been choppy since as it seems traders are unwilling toRead more

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Market Trending Lower

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.  We’ve mentioned them enough all week so let’s leave it there for now. We thought there would be a little more enthusiasm in the market today but we mentioned inRead more

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Bulls Looking for Weekly Win

12:55pm (EST) The market is following much of the week’s current trading pattern by opening lower and working its way back to even as we enter the second half of trading.  We will go over the jobs numbers in our Weekly Wrap and the other happenings on Wall Street butRead more

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Late Day Rally Pushes October Resistance

8:45am (EST) Europe’s head honcho’s are falling faster than dominoes as Greece’s Prime Minster dropped first followed by Italy’s – once their austerity budgets pass.  Unfortunately, the US will have to wait until 2012 to get some new knuckleheads in office but hopefully they are business people who can createRead more

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Market Slightly Up as Bulls Take Breather

2:10pm (EST) The action today has been mixed as the bulls took the early lead to push the market higher while the bears are playing catch-up.  Wall Street seemed a little uneasy this morning as traders waited on a key vote in Italy’s parliament which ousted its Prime Minister.  SilvioRead more

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Bulls Fade but Could Bounce Back

1:05pm (EST) We have our fingers in a lot of pies so our commentary will be short today as we have an open trade with headline news due out after the bell.  Not only has today been busy, we expect a super busy week so stay on your toes. TheRead more

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Another One Bites the Dust

1:30pm (EST) Futures were weak Sunday night and got progressively worse as we headed into this morning’s opening bell so we were prepared for a lower open.  There are a few headwinds in play for the bulls this morning, mainly, the MF Global (MF, $1.20) debacle which is the latestRead more

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Bears Cover Shorts, Market Surges 3%

9:05am (EST) Wall Street was giddy on Thursday after hearing Europe’s long-awaited plan to fix their debt crisis is finally gaining traction.  We covered the details of the 3-step plan yesterday and economic news here at home was decent with 3Q GDP (Gross Domestic Product) coming in better-than-expected.  Jobless claimsRead more

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IBM Weighs on Blue-Chips, Dow Still Up

1:45pm (EST)  The market appeared to be in trouble after Wall Street heard IBM’s revenue miss last night but the bulls held the first wave of support and have actually turned things around as we head into the second half of trading.  IBM did say some good things as wellRead 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.