Posts Tagged ‘Visa’

MomentumOptionsTrading.com Weekly Wrap for 5/16/10

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

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Random Thoughts

10:45am (EST) There’s not a lot of green out there as the bulls are taking a breather ahead of the FOMC fireworks.  I was pushed for time this morning which is why I posted right at the opening bell.  I have been busy with a couple of projects which I willRead more

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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

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Futures Point Towards Strong Open

9:15am (EST) I’m running a little behind this morning so I’m doing today’s Blog on the fly. Dow futures are up 70, or 0.7%, at 9,113.  S&P 500 futures are up 10, or 0.9%, at 983 while Nasdaq futures are up 16, or 1%, at 1,617.  We could see aRead more

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Fireworks After The Bell

1:00pm (EST) The bulls seem to be on vacation this week and the ones left behind are trying to hold Dow 9,000.  The market is holding up well despite the lack of momentum which is a good sign.  There are still political and economic risks to this market and I mentionedRead more

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Wednesday’s Wake-Up Call

9:00am (EST)   Futures are pointing towards a negative open after Durable Goods orders came in lower than expected.  Dow futures are down 38, S&P 500 index futures were down 6, while Nasdaq futures were down 7.    I mentioned the bulls were trying to hold Dow 9,000 and with earningsRead more

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Busy Day At The Office

10:45pm (EST)   What a busy day it was for option traders.  I threw a ton of trades at you this morning plus the ones we have going on.  It was good to see the bulls show up as all three indexes managed to end the session in the green afterRead more

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Dow Dips Below 8,000

Yes, I’m working overtime today. But today is important and I wanted to make a few observations for those of you that are new to options trading. It is 11:30am and the Dow has lost nearly 300 points and is currently at 7,990. My last update was just a halfRead more

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Locked and Loaded

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

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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.