Posts Tagged ‘what is a call’

Market Succumbs to Selling Pressure

9:00am (EST) The Fed did this, Bernanke said that but in the end it wasn’t enough to keep the rally going.  We had a good feeling Fed Chairman Ben Bernanke would let Wall Street down by not doing more or announcing a bigger commitment to the Operation Twist program whichRead more

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Fed Speak Hits Wall Street at Lunch

9:00am (EST) The market rallied on Tuesday as the bulls took one step closer to a breakout after clearing another layer of resistance and the 50-day moving averages.  There is an old saying on Wall Street that you can’t fight the Fed and the recent rally is a result ofRead more

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Bulls Crack Resistance

1:15pm (EST) The bulls are pushing the market higher as they march towards our upper-end resistance targets.  While we admit we are rather surprised by the rally, we still don’t trust it. Today’s rally is on hope the Federal Reserve will extend their “Operation Twist” program which involves buying andRead more

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Market Ends Mixed Despite “Positive” Greek Election

9:00am (EST) The bulls didn’t get the results they were hoping for on Monday despite the positive result from the Greek elections Sunday night.  Wall Street and the world wanted the pro-eurozone New Democracy party to win, and they did, but not by much.  The narrow margin of victory wasRead more

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Futures Slip on Greece Election Outcome

9:00am (EST) “Obviously, the Spain news has had a positive impact on futures and will likely lead to a huge pop on Wall Street for Monday’s open. We expect the second layers of resistance we have charted to come into play but something just doesn’t feel right. While the bulls’Read more

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Bulls, Bears and Zombies All Along the Watchtower

12:25pm (EST) There must be some kind of way out of here, Said the joker to the thief There’s too much confusion I can’t get no relief. Businessman they drink my wine, Plowman dig my earth None will level on the line, nobody offered his word, hey!   These lyricsRead more

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More Pain From Spain

9:00am (EST) The bulls were held hostage on Wednesday as their one-day rally quickly came to an end as Europe and China once again weighed on Wall Street.  China thwarted Tuesday’s rumor that it might start its own Cash for Clunkers program as its government said it had no intentionRead more

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Market Bounces Off Lows

1:25pm (EST) The market is following yesterday’s pattern of opening lower despite good news and is trying to bounce back as we head into the second half of trading.  Surprisingly, Tech is leading the way and is in positive territory while the Dow and S&P 500 are playing catch-up andRead more

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Bulls Struggling to Advance

12:40pm (EST) The market is taking a bit of a breather following yesterday’s pop but has moved off the lows and is trying to make a move into positive territory as we head into the second half of trading. Wall Street seems to be on hold as it awaits theRead more

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Market Hugging Flat Line on Last Day of Trading

12:35pm (EST) Futures were flat when we hit the rack last night and were at the same levels heading into this morning’s opening bell.  Halfway through the session, not much has changed as the bulls try to hold current levels. With light volume, anything can happen but the last hourRead 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.