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Posts Tagged ‘options blog’

January 19, 2010

E*Trade On The Block

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

9:10am(EST) Futures are mixed as we head towards the opening bell this morning.  Dow futures are lower by 20, S&P 500 futures are off by 2 while the Nasdaq futures are up 4 points. There was plenty of action in E*Trade Financial (ETFC, $1.84, up $0.11) last Friday as over 60Read more

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January 18, 2010

MomentumOptionsTrading.com Weekly Wrap for 1/18/10

by Rick Rouse / Posted in Economic News, Company Commentary, Market Commentary, Financial Stocks, Momentum Stocks Weekly, Earnings, Weekly Wrap RR, Market Analysis

8:00pm (EST) It was a tough Friday for the bulls as the market suffered its worst decline for 2010 despite some solid earnings reports.   The Dow fell 100 points for the day, erasing all of its gains for the week to close at 10,609.  The index reached a high ofRead more

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January 15, 2010

Dow Down Triple-Digits

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

1:15pm (EST) The odds were not in the bulls favor today… We didn’t expect much from the market and mentioned this morning that January expiration day has not been a good day to be long in recent years.  We said the Dow has traded lower on 9 of the last 11 and today’s 1.3%Read more

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January 15, 2010

Intel Crushes Earnings Estimates

by Rick Rouse / Posted in Trading Psychology, Daily Update, Earnings, Market Commentary, Market Analysis, Trading Tips, Money Management, Company Commentary, Stock Earnings, Strategies

9:00am (EST) Intel (INTC, $21.48, up $0.52) blew past Wall Street’s forecast after the bell yesterday and reported some impressive numbers. The company said it earned a profit of $2.3 billion, or $0.40/ share versus $234 million, or $0.04, in the year earlier period.  Revenue climbed nearly 30% to $10.6 billionRead more

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January 14, 2010

Intel on Deck

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

1:45pm (EST) All eyes will be on Intel (INTC, $21.30, up $0.34) after the bell.  Wall Street expects $0.30 a share and revenue is expected to rise to $10.2 billion from $8.2 billion last year.  Economic News…For retail sales, Wall Street was expecting an increase of 0.5%, weaker than November’s 1.3% increase.  We came in worse thanRead more

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January 13, 2010

Google Makes A Stand

by Rick Rouse / Posted in Daily Update, Market Commentary, Earnings, Google, Company Commentary, Option Trades

9:10am (EST) We told you the volatility pick up… The market was setting up for a steep decline yesterday but managed to bounce back in the last couple of hours after bullish traders stepped in and bought off the lows. This is options expiration week and the kick-off of earnings season so weRead more

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January 12, 2010

Market Retesting Lows

by Rick Rouse / Posted in Trading Psychology, Daily Update, Earnings, Market Commentary, Market Analysis, Trading Tips, Company Commentary

1:05pm (EST) The market is testing the lows we got this morning after trying to battle back from a nasty open.  The Dow started with a 72 point loss and fell to a low of 10,591, then recovered most of the losses but is currently down 65 to 11,598. The S&P 500 is offRead more

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January 12, 2010

Alcoa Misses Mark, Shares Tank

by Rick Rouse / Posted in Daily Update, Earnings

9:10am (EST) Futures are pointing towards a nasty open this morning after Alcoa (AA, $16.15, down $1.30) disappointed Wall Street with its earnings report.  After the bell on Monday, the company reported a $277 million loss for its most recent quarter, or $0.28 a share, compared with a profit of 6 cents a shareRead more

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January 11, 2010

In Like Flynn

by Rick Rouse / Posted in Daily Update, Earnings, Market Analysis, VIX, Oil, Company Commentary, Gold

1:00pm (EST) The market started off on a strong note but has given back some of its gains as Wall Street awaits Alcoa’s (AA, $17.25, up $0.23) earnings report.  The Dow is currently up 10 points to 10,628 while the S&P 500 is off by 3 points to 1,142.  The Nasdaq isRead more

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January 10, 2010

MomentumOptionsTrading.com Weekly Wrap for 1/10/10

by Rick Rouse / Posted in Watch Lists, Momentum Stocks Weekly, Trading Psychology, Option Trades, Company Commentary, Weekly Wrap RR, Stock Earnings, Strategies, Market Commentary, Trading Tips

11:00pm (EST) The bulls won the first week of 2010 as they took the market higher despite a weak unemployment report on Friday.  The Labor Department said employers slashed 85,000 jobs in December while Wall Street had forecast a slight decline of 8,000 job losses.  The one silver lining was the governmentRead 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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