Momentum Trades

Posts Tagged ‘option trading’

March 4, 2011

Unemployment Falls to 8.9%, Futures Mixed

by Rick Rouse / Posted in Daily Update, Economic News, Market Commentary

9:00am (EST) Yesterday’s numbers real quick. The Dow was up 191 points and finished at 12,258.  The S&P finished at 1,331, up over 22 points while the Nasdaq closed higher by 50 points to 2,798 and broke thru the 2,800 level intra-day.  Economic news was incredible as the bulls wentRead more

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March 3, 2011

Bulls Break Resistance Ahead Of Jobs Report

by Rick Rouse / Posted in Market Analysis, Market Commentary, Daily Update

12:45pm (EST) No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation – Robert Rhea, Economist If you are an option trader then you know what our opening statement means.  After holding support for the past two weeks, the bulls are on a vengeance and haveRead more

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March 3, 2011

Apple (AAPL) Keeps the Momentum Going

by Rick Rouse / Posted in Daily Update, Market Analysis, Apple

9:05am (EST) It was a choppy session on Wednesday as the market darted in-and-out of positive territory for much of the session before finishing slightly higher.  The bulls holding support was a bigger deal than yesterday’s slight gains but oil continued to work its way higher and it’s something weRead more

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March 2, 2011

Steve Jobs in the House!

by Rick Rouse / Posted in Daily Update, Apple, Market Commentary

1:15pm (EST) The talking heads and pros were expecting another big selloff today and have been on the fence over the past few weeks on market direction.  One day the market is a Buy, the next day the market is a Sell.  When all else fails, invest in gold theyRead more

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March 2, 2011

Will Jobs Picture Trump Oil Concerns?

by Rick Rouse / Posted in Market Analysis, Market Commentary, Daily Update

9:00am (EST) Whatever method you use to pick stocks (or options)…your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.  It isn’t the head but the stomach that determines the fate of the stock (orRead more

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March 1, 2011

Oil Nears $100, Market Nervous

by Rick Rouse / Posted in Trading Tips, Daily Update, Market Analysis, Oil

1:15pm (EST) The market has been choppy today after a positive start but is trading at session lows as oil prices move higher.  There are other factors in play but oil is up $2, to $99 a barrel, and is approaching the $100 level which is making traders nervous.  BenRead more

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March 1, 2011

Bulls Looking to Keep Momentum

by Rick Rouse / Posted in Market Analysis, Apple, Market Commentary, Daily Update

9:00am (EST) The market ended Monday with the Dow, S&P 500 and Nasdaq all posting gains while oil ended lower by a buck.  The bulls were able to take all 3 indexes into the green after the opening bell but Tech acted funny on a downgrade of Amazon.com (AMZN, $173.29,Read more

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February 28, 2011

Market Higher as Bulls Bounce Back

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis, Oil

1:00pm (EST) The market continues its rebound from last week’s selloff.  A lot of traders took out protection for the weekend and are covering today as oil has stabilized.  Economic news has come in better-than-expected and the bulls have used these two catalysts to move the indexes higher. Oil wasRead more

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February 28, 2011

Bulls Looking to Erase Last Week’s Losses

by Rick Rouse / Posted in Market Analysis, Market Commentary, Daily Update

9:00am (EST) The Dow gained 62 points, or 0.5%, on Friday and closed at 12,130.  For the week, the index fell 260 points, or 2.1%, and saw its 3-week winning streak come to an end.  We had a feeling when the blue-chips reached our 12,300-12,350 target that a pause wasRead more

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February 25, 2011

Bulls Bouncing Back

by Rick Rouse / Posted in Market Commentary, Daily Update, Market Analysis

1:00pm (EST) The bulls are holding fort as we head towards the second half of trading and wind down the week.  Although they are losing the battle today, the bears have put in a tremendous effort as the major averages are lower for the week.  However, the bulls still own the month of FebruaryRead 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.

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