Momentum Trades

Posts Tagged ‘option trading’

February 3, 2011

Green Mountain (GMCR) Strangles Estimates

by Rick Rouse / Posted in strangle option trades, Daily Update, Earnings

9:00am (EST) The market traded in a tight range on Wednesday but we pretty much had penciled in a flat day before the open after Tuesday’s big pop.  We were looking for the major indexes to hold support, which was resistance, in terms of the technical picture and that weRead more

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February 2, 2011

Market Flat, Yum Brands (YUM) After the Close

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

1:10pm (EST) The market has traded in a tight range as the bulls and bears battle at key support and resistance levels following yesterday’s big advance.  The bulls are taking a breather after plowing through resistance while the bears are trying to recover and figure out their next plan ofRead more

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February 2, 2011

Bulls Looking to Hold Momentum, EA (ERTS) Rocks

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

9:00am (EST) You got to know when to hold ’em, know when to fold ‘em, know when to walk away, and know when to run… Our man, Kenny, was right on with these words and if you trade options then you might be a good poker player as well.  TheRead more

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February 1, 2011

S&P 500 Hits 1,300…Again

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

12:20pm (EST) The bulls have recovered all of last Friday’s losses as the market is experiencing its best two-day gains since the beginning of December.  Egypt might be going for 1,000,000 but we are more concerned with 12,000 and 1,300.  These are the numbers the Dow and S&P 500 areRead more

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February 1, 2011

Orexigen Therapeutics (OREX) Gets Hammered On Contrave Rejection

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

9:05am (EST) The market managed to hold key support levels at the start of trading on Monday which gave the bulls a little confidence going into the afternoon session.  The indexes were already near their highs as the bulls rode the momentum into the close and got back nearly half of Friday’s losses.Read more

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January 31, 2011

Intel (INTC) Weighs on Tech but Market Heads Higher

by Rick Rouse / Posted in Daily Update, Market Analysis

1:00pm (EST) The market opened higher and has traded in a tight range today as numerous headwinds have kept a lid on any momentum the bulls were hoping to gather.  All three indexes have made a trip in negative territory but things have turned around as we head into theRead more

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December 27, 2010

Bulls Looking to End Year on High Note

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

9:10am (EST) The bulls have been on a roll and here is where they are at: The Dow added 14 points on Friday, or 0.1%, to finish at 11,573.  For the week, the index added 82 points, or 0.7%, and broke through strong resistance at 11,500.  We have been targetingRead more

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December 23, 2010

Bulls Looking for a Sweep

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

1:00pm (EST) The market is a little mixed as we head towards today’s close but the bulls are winning the week so here is what we are watching: The Dow currently up 7 points to 11,565 and started the week at 11,491.  Our yearend target is 11,600-11,700 for the indexRead more

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December 17, 2010

Research In Motion (RIMM) Beats and Raises

by Rick Rouse / Posted in Daily Update, Earnings

9:00am (EST) The bulls took one more step towards breaking another layer of resistance on Thursday as they made a clean sweep of the major indexes.  The action this week has been slow-and-steady as the bears lack any follow-through on negative headlines and seem content on giving up ground.  TheRead more

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December 16, 2010

BP (BP) Back in the Spotlight

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

9:00am (EST) The bulls took a few more baby steps at breaking through another layer of resistance on Wednesday but ran out of gas into the close as the market finished lower after spending much of the day in positive territory.  There was a little progress made in the tax-breakRead 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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