Posts Tagged ‘option trading’

Bulls Looking to Keep Momentum

9:00am (EST) Futures are pointing towards a slightly lower open this morning after Ireland finally asked for bailout money from the European Union (EU) and the International Monetary Fund (IMF) after weeks of speculation. The deal between Ireland and the EU started to come together over the weekend as EU financeRead more

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Bulls Trying To Snap Bears Streak

12:45pm (EST) The market is trading slightly lower following yesterday’s strong rally which brought the market back near its resistance levels.  The bulls are having trouble with overhead resistance as China raised its reserve requirement ratio for banks but they appear to be fighting.  Federal Reserve Chairman Ben Bernanke alsoRead more

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Futures Pointing Towards Lower Open

9:00am (EST) The bulls made a run after two weeks of getting beat down as they pushed the major averages back near prior resistance. The Dow zoomed higher by 173 points, or 1.6%, to finish at 11,181 and just below the 11,200 level.  This was prior resistance, which became support,Read more

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Bulls “Rock On”

12:10pm (EST) It has been a big day on Wall Street as General Motors (GM, $35.35, up $2.35) and some great economic news have revved up the bulls’ engines.  The market has powered its way back towards its April highs and is up 1.7%, on average, as the major indexesRead more

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Futures Pointing Towards Strong Open

9:00am (EST) The bulls held ground on Wednesday as the market finished mixed with a slight gain in Tech.  Although yesterday’s economic news wasn’t the best, and the Financial sector lagged once again, the bears were unable to break the first wave of support we have been outlining over theRead more

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Market Flat as Bulls Look for Direction

12:30pm (EST) The market has traded in a tight range today as the bulls look to hold the first wave of support while the bears are trying to extend their momentum.  The major indexes are on track for their second weekly loss in-a-row which hasn’t happened since August and theRead more

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Bulls Looking For A Bounce

8:45am (EST) The bears notched another solid victory on Tuesday as global chaos in the financial and commodity sector continued to weigh on the market.  The pounding the bulls took came on renewed fears of a potential rate hike from China and the potential bailout of Ireland – similar to the one given to Greece, which is still blowingRead more

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Bears Test Support, Beatles Invade Apple’s (AAPL) iTunes

12:05pm (EST) We wanted to print a little early because of the current market conditions. The market got off to a rough start and things haven’t got much better for the bulls since the opening bell.  The bears are using renewed fears that Ireland might need a bailout, Chinese inflationRead more

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Wal-Mart (WMT) Matches Estimates, Raises Guidance

 8:50am (EST) The bulls started Monday off with a strong showing but the market lost its momentum in late trading after reports swirled Moody’s (MCO, $27.90, up $0.18) might cut U.S. credit ratings.  As a result, the dollar gained 0.8% and the news sent treasury prices tumbling as 10-year yields hit aRead more

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Caterpillar (CAT) Digging Bucyrus (BUCY)

12:35pm (EST) The bulls have made a slight push higher today despite a mixed bag of economic news and a higher dollar.  Merger and Acquisition (M&A) news has also provided some enthusiasm as the market has pushed back above key levels of support. The Commerce Department reported retail sales roseRead 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.