10:45pm (EST) If this is your first stock market rodeo, buckle up. Wall Street went on another wild ride as the bulls made a mad dash to previous support levels but found out the bears aren’t clowning around. We knew stocks would rebound last Monday when Europe threw in the kitchenRead more
MomentumOptionsTrading.com Weekly Wrap for 5/16/10
Random Thoughts
Tuesday's Tidbits
9:30am (EST) Bank of America (BAC, $16.68, up $0.26) November 17.50 calls (BYOKZ, $1.50, up $0.10) Entry Price: $1.25 (8/10/09) Exit Target: $2.50 Return: 20% Stop: 60 cents November 20 calls (BYOKT, $0.70, up $0.04) Entry Price: $0.50 (8/10/09) Exit Target: $1.00 Return: 40% Stop: 25 cents CiscoRead more
Futures Point Towards Strong Open
Fireworks After The Bell
Wednesday’s Wake-Up Call
Dow Dips Below 8,000
Financials Open Strong
The financial stocks opened strong this morning despite the fact that futures were sharply lower this morning. Also, the $700 billion financial bailout package was scheduled to be unveiled today, but that got pushed back until Tuesday as Congress focuses on the stimulus bill. Here is a look at theRead more