Posts Tagged ‘reverse stock splits’

Citigroup (C) Reverses Course

12:20pm (EST) The market has gotten off to a slow start as both the bulls and bears feel each other out before mapping their next move.  Futures were pointing towards a higher open but were weakening as we headed towards the opening bell.  There is some rhetoric out of EuropeRead more

More

First-Quarter Review

9:10am (EST) No other country can substitute for the U.S.  The U.S. is still number one in military, number one in economy, number one in promoting human rights, and number one in idealism.  Only the U.S. can lead the world.  No other can. – Senior Korean official (to Thomas Friedman,Read more

More

Welcome Back, Dow

9:00am (EST)  The bulls have used back-to-back “Boom Boom” poundings to finally reach the top of the current 5-week trading range the market has been in.  Yesterday’s smooth sailing added another 0.5% on top of Tuesday’s pop which has pushed the major indexes back near their February highs.  Now thatRead more

More

Bulls Want to be King of the Hill

9:00am (EST)  …if only briefly. The bulls made another step towards serious resistance on Tuesday and either look poised for a jailbreak, or, they are throwing their last punches in a huge brawl that is going to end ugly. We talked have talked extensively about the market’s moves since mid-OctoberRead more

More

Futures Flat, Oil Down

8:00am (EST)  After a promising start, the bulls gave back all of yesterday’s modest gains in the final hour of trading despite better-than-expected economic news.  Earnings were light and will be until the second week of April which is when first quarter earnings start to roll in.  Geopolitical events wereRead more

More

Bulls Looking for Big Push into April

9:00am (EST)  “How do you like them Apples?” This was the question the bulls left the bears with on Friday’s close as they rallied the market near its February highs.  More importantly, the rally that stalled for 4-weeks is now back on as the bulls try to end March onRead more

More

Bulls Working For the Weekend

1:30pm (EST)  You wouldn’t know it judging by the volatility but the market is now positive for the month of March.  The bulls are adding to yesterday’s breakout ahead of the weekend with Tech leading the way.  Economic news has been pretty good – the Commerce Department said that grossRead more

More

Cree Takes a Hit, Financial Stocks Up

1:35pm (EST)  The market continues to trade in narrow range as it did all day yesterday.  The bears pushed the indexes lower at the start but the bulls have turned the tables and have the lead as we head towards the second half of trading.   The bears failed to takeRead more

More

A Lesson on V’s

7:50am (EST) Every bull and bear market is different and when those trends are in place, option trading can be like catching fish in a barrel.  Usually, the upside in bull markets can be extreme with explosive moves that shoot way past resistance levels.  The same is true for bearRead more

More

AIG Doing a Reverse

11:35am (EST) American International Group’s (AIG, $1.09, down $0.24) shareholders have approved a reverse stock split that could help the company keep its listing on the NYSE. The company proposed a one-for-20 reverse stock split last week with the SEC (Securities and Exchange Commission) and it just became official. TheRead more

More

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.