Posts Tagged ‘strangle option trades’

RIMM Has Issues

9:00am (EST) Research in Motion (RIMM, $66.78, down $0.44)) said their BlackBerry network is suffering major delays as users are having trouble getting emails this morning.  The outage started last night and BlackBerry users in many parts of Asia including China and India, also were reporting downtimes.  Talk about aRead more

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Home Sales Give Market A Lift

12:50pm (EST) The Dow is trying to put together a three day winning streak (including last Friday) as we start the second half of trading.  The index currently is trading at 10,456, up 42, and has hit a high of 10,470 today.  We got some good news from the housingRead more

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Market Looks To Extend Streak

9:00am (EST) It was a good day for the bulls as a bunch of deal making and analyst upgrades helped propel the market higher.  Leading the Dow was Alcoa (AA, $15.73, up $1.15) as it surged 8% on a Morgan Stanley (MS, $29.66, up $0.45) upgrade and announced an $11 billionRead more

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Market Surges On M&A

12:45pm (EST) The market is off to a good start as the bulls have carried the Dow to a triple-digit gain today on a number of deals and takeovers.  The Dow is currently enjoying a 120 point pop and is trading at 10,449.  The S&P 500 is up 15 toRead more

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Avatar Opens Strong

8:50am (EST) Futures are pointing to a higher opening this morning, following gains in overseas markets as Wall Street prepares for the upcoming week.  Many expect trading will be light during the Christmas holiday-shortened week, but that can add to volatility.  The market will be closed Friday. We don’t have a lotRead more

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MomentumOptionsTrading.com Weekly Wrap for 12/20/09

10:40pm (EST) The bulls were looking for a big push higher in the market on Friday and although they ended the day in positive territory, it wasn’t enough to take the win away from the bears for the week.  The Dow ended at 10,328, up 20 for the session butRead more

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MomentumOptionsTrading.com Midday Update for 12/18/09

1:10pm (EST) Imax (IMAX, $12.93, up $0.44) has sold $5 million worth of tickets to Avatar in 12 hours…we gave our rave reviews this morning in the Members Area and we profiled a trade for our current subscribers that should really do well.  Imax is up 4% but the optionsRead more

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RIMM Rocks, Palm Rolls

9:10am (EST) Futures are pointing towards a higher open this morning following yesterday’s selloff.  The Dow ended Thursday with a 132 point drop and settled at 10,308 while the S&P 500 fell 13 and finished at 1,096. Today is a quadruple witching day which means contracts for stock index futures,Read more

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Bernanke Gets 2nd Nod

12:40pm (EST) The Senate Banking Committee has approved the nomination of Federal Reserve Chairman Ben Bernanke to run the show for another four years by a 16-7 vote.  Big Ben’s nomination will now go to the full Senate for consideration. It appears he has enough votes to win a second term, but as youRead more

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MomentumOptionsTrading.com Newsflash for 12/17/09

10:35am (EST) Folks, we wanted to give you a quick update on a couple of our positions.  We all know it has been a tough market to trade and no matter how much homework we do, we are still at the mercy of the market.  However, if your research isRead 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.