9:00am (EST)
Before we get into the zombie talk, we want to start off by wishing everyone a Happy New Year and a very prosperous 2013.
At 1:45pm (EST) on Monday, the Dow was at 13,000 and the S&P was at 1,413. The Nasdaq was at 2,995 while the Russell 2000 was at 841. The President spoke about how close the zombies were to a deal and said they may use the last second of the deadline to get a Fiscal Cliff deal done. When he left the podium, the Dow was at 12,967; the S&P 1,410; the Nasdaq 2,989; the Russell 2000 was at 840. The S&P Volatility Index ($VIX, 18.02, down 4.70) was at 20.34, down 2.38.
By the end of the session, the indexes held their gains as finished right at key support and resistance levels. (continued…)
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Special Notice: We will announce the winner of the new iPad this Friday in our midday update as we have the entries double-checked and triple-checked. We will also be releasing a new video this weekend for those of you who purchased our option trading course, How to Trade Options on Momentum Stocks, with the new edition shipping in the next few weeks. If you recently purchased a 1-year deal, or upgraded, please make sure we have the correct address on where to ship your course and if you have any changes, let us know now. The new video will cover an outlook for 2013 and some possible earnings trades.
We finished 2012 with an overall Track Record of 159-69 for a 70% win rate with over 30 triple-digit winners. Our 5-year Track Record is now a blistering 621-272 for a 70% win rate and we haven’t had a losing year since we have been in the business. Thanks to everyone for making us one of the fastest-growing option newsletters in the industry and we look forward to your continued success with us!