Posts Tagged ‘option trading’

Futures Pointing Towards Strong Start

9:00am (EST) The market acted like we were hoping it would yesterday although support got stretched but held as the bulls showed some strength.  After two days of intense selling pressure the major indexes ended mixed with Tech stopping the bears from make it a clean sweep.  The Dow andRead more

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Bulls Holding Support

12:15pm (EST) Futures were pointing towards a slightly lower open this morning but had improved from their overnight lows and into the opening bell.  We were long-winded this morning because we have a lot of new subscribers and trading course members and we wanted to explain where the market hadRead more

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Libya Crisis Deepens, Futures Show Weak Open

9:00am (EST) The world hates change, but it is the only thing that has brought progress – C. Kettering Our Tuesday morning headline read “Market Faces Key Pivot Points” and we used this headline to try and keep everyone’s emotions in check.   If you recall, we had expected a market pullback duringRead more

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Bears Getting Greedy

1:00pm (EST) The bulls acted as if they wanted to take the market higher this morning but the bears are still a little hungry following yesterday’s big sell-off.  Desert is always good after a big meal, if you have room, and that appears to be the case as the bearsRead more

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Bulls Looking to Rebound, HPQ Gives Weak Forecast

9:00am (EST) We knew Monday night when we were doing our option training video that the bulls were in for a rough outing on Tuesday.  After 3-weeks of solid gains and a 3-day weekend, the “warning” signs were there for a pullback and yesterday the market got one as the bearsRead more

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Bears Make a Move

12:45pm (EST) The market opened sharply lower this morning as crude prices soared while protests in Libya have caused some nervousness on Wall Street.  The rising political turmoil in the Middle East has pushed oil to $94.48 per barrel, up $4.77, today while a weaker-than-expected S&P Case-Shiller number put theRead more

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Market Faces Key Pivot Points

9:00am (EST) The usual bull market successfully weathers a number of tests until it is considered invulnerable, whereupon it is ripe for a bust – George Soros For those who have followed us for years, many of you already know we are neither, bullish or bearish, when it comes toRead more

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Bulls Looking Stronger

1:35pm (EST) The Dow is up 55 points and started the week at 12,373.  The index has traded to a high of 12,375 today and looks poised to trade up to 12,500-12,600 over the near-term after breaking our 12,350 target.  Support is at 12,200 and then 12,000.     The S&P 500Read more

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Brocade (BRCM) Beats Estimates, Shares Surge

9:00am (EST) We love it when a plan comes together.  After a slow start on Thursday, the bulls powered their way higher to lift the market to fresh highs again as the major indexes fell right into our target areas.  The Dow gained 30 points to close at 12,318 isRead more

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Weight Watchers (WTW) Blows Up

1:00pm (EST) The market opened lower this morning and has traded in a tight range after economic news, both positive and negative, has impacted trading.  The bears took comfort in a higher-than-expected jobless claims report as the number of people filing for unemployment benefits jumped by 25,000 and came in atRead 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.