Momentum Trades

Posts Tagged ‘RIMM’s earnings miss’

October 6, 2011

Market Mourns Big Loss

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

9:00am (EST)  The bulls won their second straight outing on Wednesday as the market rallied on better-than-expected economic news and word that Europe wants to recapitalize their financial institutions.  We mentioned the positive ADP payroll report, which saw a big jump in jobs for the private-sector, and the Institute for Supply Management (ISM) numbers cameRead more

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October 4, 2011

Bulls Rebound Off Lows

by Rick Rouse / Posted in Trading Tips, Trading Psychology, Daily Update

1:00pm (EST)  We have a mixed market and we may have hit a temporary bottom.  We could see a dead-cat bounce today but we aren’t worried.  We have locked in profits and set HARD STOPS on the other half of our positions.  We have been sleeping weird hours over theRead more

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October 3, 2011

Bears Keep Momentum

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

1:00pm (EST) The market has traded lower for much of today’s session with the bears picking up where they left off from last week.  The bulls have tried to take the major averages higher and have had some success but the momentum is still in the bears favor. We don’tRead more

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September 28, 2011

Can Research In Motion (RIMM) Rebound?

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

1:55pm (EST)  We wanted to update you on the Research In Motion (RIMM, $22.34, down $0.31) story we broke for you yesterday, before the talking heads, on Carl Icahn’s interest in the company.  For those of you who may not know “the man”, he has been around the block a few times andRead more

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September 28, 2011

Bulls Win 3rd Straight Session

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

9:00am (EST)  The market extended its winning streak to three straight on Tuesday as the news from across the pond was all good for much of the day.  Wall Street is getting giddy on renewed hopes that Europe is doing all it can to ease their debt crisis and itRead more

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September 26, 2011

Bulls Face Critical Test, Looking to Rebound

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

9:00am (EST) The bears were looking to extend their winning streak to 5-straight sessions on Friday but the bulls got back on their feet before the weekend and were able to hold support into the close.  We knew coming into last week the bulls would ride or die on theRead more

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September 22, 2011

Dow Plunges 4%, S&P Faces Critical Test

by Rick Rouse / Posted in Company Commentary, Financial Stocks, Market Commentary, strangle option trades, Daily Update

1:15pm (EST) We have been warning of volatility for weeks and we mentioned in our Weekly Wrap on Sunday night that the market could see a big move this week.  As we started preparing this morning’s update (last night) futures were already pointing at a weak open here at homeRead more

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September 21, 2011

Market Stalls at Resistance

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

9:00am (EST) The market ended flat on Tuesday despite a strong run by the bulls to resistance as Wall Street gets set for today’s all-world news event.  We went into Tuesday’s update slightly “surprised” the indexes were up over 1% considering the start of the FOMC’s two day meeting but hopesRead more

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September 19, 2011

Bears Head Down Copperhead Road

by Rick Rouse / Posted in Daily Update, Market Analysis, Trading Psychology

1:00pm (EST) “I learned a thing or two from ol’ Charlie don’t you know You better stay away from Copperhead Road” When we were doing our Weekly Wrap on Sunday, we had a feeling the bulls would struggle at the top of the current trading range following last week’s hugeRead more

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September 16, 2011

Ring the Register on RIMM

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

9:10am (EST) The bulls made it 4-in-a-row following Thursday’s break past resistance after the U.S. Federal Reserve and the ECB (European Central Bank) led the latest efforts to save Greece.  A group of five major central banks (Bank of England, Bank of Japan and the Swiss National Bank are the otherRead 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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