Posts Tagged ‘strangle option trades’

General Mills Hits Its Numbers

9:00am (EST) Futures are pointing towards a lower open this morning following declines in the overseas markets and a stronger dollar.  The bulls we doing a fairly good job of taking us higher on Wednesday but after the Federal Reserve indicated it would start pulling back some emergency supports asRead more

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Fed Announcement Expected Shortly

1:15pm (EST) The bulls got a gift this morning as the consumer price index (CPI) for November showed a benign consumer inflation outlook and November housing starts were up. Consumer prices excluding food and energy were flat in November, signaling that inflation isn’t working its way into the economy.  ItRead more

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Wednesday’s Wakeup Call

9:00am (EST) The market stumbled on Tuesday as a stronger dollar and disappointing economic news were too much for the bulls to overcome.  The market was trying to gather some momentum put spent all day in the red.   The Dow finished the session with a loss of 49 points andRead more

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Market Struggles To Extend Monday's gains

12:50pm (EST) The market has held up well despite the less-than-stellar economic news we got today.  The dollar is rallying which has put a little pressure on the bulls but they look determined to take us higher. In midday trading, the Dow is down 24 points to 10,476.  The S&PRead more

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Futures Pointing Towards Lower Open

9:00am (EST) The bulls got some good news yesterday in the form of the Dubai $10 billion “bailout” package and the Dow’s advance could have been more if Exxon Mobil (XOM, $69.69, down $3.14) didn’t drop 4%.  The company said it would acquire XTO Energy (XTO, $47.86, up $6.37) for $30 billion or so andRead more

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Exxon Mobil Makes A Purchase

1:30pm (EST) The market is getting a lift on news that Abu Dhabi has extended $10 billion to Dubai to help stay afloat.  If you recall, the market took a dive on Black Friday on concerns that Dubai was on the hook for $60 billion but that number turned outRead more

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MomentumOptionsTrading.com Morning Update for 12/14/09

9:20am (EST) We have a busy morning and will be back at 1pm with a full market update. Dow futures are up 38 points to 10,461 while the S&P 500 futures are higher by 5 points to 1,108.  The Nasdaq futures are up 10 to 1,801.  Current subscribers, check theRead more

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MomentumOptionsTrading.com Weekly Wrap for 12/13/09

6:00pm (EST) The market ended the week flat despite a couple of volatile days and if we had to declare a winner in the fight it would be the bulls.  The bears had their chance on Tuesday after Moody’s (MCO, $26.69, up $1.54) put the spotlight on the growing deficitsRead more

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Bulls Going For Hat Trick

1:10pm (EST) The bulls are looking to end the week on a high not as they have pushed the market higher for the third straight day.  The interesting thing about today is that the dollar is higher.  We have mentioned how the market has trended higher on a weaker dollarRead more

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MomentumOptionsTrading.com Morning Update for 12/11/09

9:05am (EST) The bulls got a decent jobless claims number yesterday and used it to push the market higher as the Dow closed slightly above 10,400 following the 68 point bounce.  We eventually stalled after the higher open but the market held higher levels for most of the day and closed aboveRead 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.