Posts Tagged ‘weekly options picking service’

Bulls Just Miss Clearing Major Resistance

9:00am (EST)  Monday’s gains were good to see as the bulls finally cleared resistance for the most part but we mentioned there could be a pullback off the highs to prior resistance levels.  Sure enough, the bears showed up in the second half of trading and battled the bulls intoRead more

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Trading Range Developing but for How Long?

9:00 a.m. (EST) The bulls put together another solid week despite a spooky Fed report and shaky earnings and economic news as the market pushed resistance and was able to clear resistance.  The bears made a growl at support midweek after the meeting minutes revealed some of the Fed zombiesRead more

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VIX Back Below 15

9:00am (EST) Thursday was a semi-crucial day for the bulls as futures were weak throughout the night and another test to support looked imminent.  However, we mentioned the turnaround in futures in our morning commentary despite Wal-Mart Stores’ (WMT, $73.52, down $1.33) earnings miss and weaker economic data from aroundRead more

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Market Falls on Fed Speak

9:00am (EST) The market was choppy on Wednesday following an opening pop and drop that ended with a lower close following the release of the Fed minutes.  Besides the usual rhetoric, the one problem that spooked the bulls was the hint at possible rising interest rates the middle of nextRead more

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Garmin (GRMN) Surges to New Highs

1:25pm (EST)  We mentioned there were nearly 50 charts we looked at and dissected for possible earnings trades this week and we were able to navigate the list down to 25 by Monday’s open.  We did extended chart work on nearly a dozen stocks and one of the ones weRead more

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Small-Caps Shine, Blue-Chips Lag

9:00am (EST) Futures were green throughout Monday and into Tuesday’s open that led to an good day for the bulls.  Although there was a little choppiness and a tight trading range on the Dow, the other indexes nudged forward to push highs and breakout territory. (read 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.