MomentumOptionsTrading.com Weekly Wrap for 8/26/12
11:30pm (EST) 1. Market Summary 2. Knight Capital Group (KCG) Worth a Look 3. Earnings 4. Weekly Wrap Portfolio […]
11:30pm (EST) 1. Market Summary 2. Knight Capital Group (KCG) Worth a Look 3. Earnings 4. Weekly Wrap Portfolio […]
11:30pm (EST) 1. Market Summary 2. Knight Capital Group (KCG) Worth a Look 3. Earnings 4. Weekly Wrap Portfolio Update
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Apollo Group (APOL, $26.46, down $0.09) October 24 puts (APOL121020P00024000, $1.07, up $0.02) Entry Price: $1.16 (8/28/12) Exit
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) (continued…) The Dow jumped 100 points, or 0.8%, to finish at 13,158 on Friday. Following a flat Monday, the
1:00pm (EST) The bulls are rebounding after holding crucial support this morning. The bears are still on track to win
9:00am (EST) The bears did some technical damage yesterday as near-term support faded following a 1% drop in the major
1:05pm (EST) The Dow is trading lower for the fourth-straight day following comments this morning from one of the Fed’s
11:50am (EST) We have another new trade we are trying to get into this morning. The stock is currently at
10:05am (EST) We have a New Trade we want to open this morning on a stock we feel is headed
9:00am (EST) The bulls were comfortably holding support heading into yesterday’s Fed Minutes so unless they said something terrible, there
1:00pm (EST) The bears are continuing their attack on the bulls as they try to pin the market under support
9:00am (EST) The bulls used an early morning surge to push new highs by the time Wall Street went to
12:10pm (EST) An old saying on Wall Street is that you should never short a dull market. After a slow
10:55am (EST) We have profits to take on 3 trades this morning. We are closing one position and taking HALF
9:00am (EST) The bears returned on Monday and caused a little stir at the open but the bulls battled back
12:45pm (EST) The bears are trying to use their Monday magic to slow the bulls momentum but after a quick
11:40am (EST) We have 2 New Trades this morning and we have profits to take on one of current trades.
9:00am (EST) “The charts are still showing mixed signals with the Dow and Russell 2000 pinned under their middle uptrend
11:30pm (EST) 1. Market Summary 2. Groupon (GRPN) – Buy Low, Sell High 3. Riverbed Technology (RVBD) – Run Off
11:30pm (EST) 1. Market Summary 2. Groupon (GRPN) – Buy Low, Sell High 3. Riverbed Technology (RVBD) – Run
9:00am (EST) continued… The Nasdaq gave back a Jackson (20 points), or 0.7%, to finish at 3,053. We were looking
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
We normally show you charts on Monday’s but we wanted to update the 10-year technical picture we showed you so
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but
12:20pm (EST) The bulls are making another push ahead of the weekend following 3 days of one of the tightest
9:00am (EST) After a slow start, the bulls got it in gear an hour into Thursday’s session to start a
12:15pm (EST) We have another NEW TRADE today so we have to keep our commentary short. The market is continuing
10:20am (EST) We have a NEW TRADE for you today and we are taking action on another trade that is
9:00am (EST) The market ended mixed on Wednesday as the tug-of-war between the bulls and bears continued but there was
1:40pm (EST) The market has traded in a tight range again today but much of the action has favored the
9:00am (EST) The bears won their second-straight session on Tuesday despite the bulls holding the lead for much of the
12:10pm (EST) The market got an opening pop this morning following better-than-expected economic news but the momentum has stalled once
9:00am (EST) The market ended mostly lower on Monday after the bulls battled back to hold support which was prior resistance. The
12:35pm (EST) Futures were showing a weak start for Wall Street last night but had improved before the opening bell
9:00am (EST) “Here at home the Federal Reserve did nothing and disappointed the suit-and-ties who were looking for a QE3
11:40pm (EST) 1. Market Summary 2. Ampio Pharmaceuticals (AMPE) – A Sleeper Buy? 3. Our New Favorite Pie
11:40pm (EST) 1. Market Summary 2. Ampio Pharmaceuticals (AMPE) – A Sleeper Buy? 3. Our New Favorite Pie (Revisited)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) The Dow gained 85 points, or 0.7%, to close at 13,250. The blue-chips traded to a high of
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members MEMBERS AREA Do not risk more than 5% of your trading account on any one trade
9:00am (EST) SanDisk (SNDK, $40.53, down $0.37) September 43 calls (SNDK120922C00043000, $0.71, down $0.12) Entry Price: $0.89 (8/14/12) Exit Target:
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Wynn Resorts (WYNN, $100.13, down $1.70) September 80 puts (WYNN120922P00080000, $0.35, up $0.05) Entry Price: $0.85 (8/2/12) Exit
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) continued… The Dow added 43 points, or 0.3%, to finish at 13,208 on Friday. The blue-chips held the 13,100
12:30pm (EST) The bulls came into today’s action with a slight lead for the week but futures were lower by
9:00am (EST) The summer doldrums continued on Thursday as the market end mixed and near the flat line. The Dow
1:40pm (EST) Futures were up a half-percent before the European markets opened but were flat ahead of this morning’s key
10:35am (EST) NEW TRADE! Solazyme (SZYM, $12.35, down $0.17) Sell to OPEN September 12.50 calls (SZYM120922C00012500, $0.80, flat) Action: For
10:35am (EST) We have a NEW TRADE for our Weekly Wrap on a stock we feel is going to double
9:00am (EST) The market traded in a tight range on Wednesday as the battle to break or hold resistance continued
12:20pm (EST) Shares of First Solar (FSLR, $20.91, up $0.31) cleared $20 yesterday and have traded up to $21.69 today.
9:00am (EST) The bulls got off to another good start on Tuesday and pushed the market higher throughout the day
1:35pm (EST) Over the years, we have covered quite a few explosive biotech stocks that have made incredible returns for
9:00am (EST) The bulls were able to close in the green on Monday, something they haven’t done in 10 weeks,
1:15pm (EST) The bulls are doing their best to end the bears’ 10-week Monday winning streak as the major indexes
9:00am (EST) “With all the jet-setting events taking place, it does feel like some kind of stimulus package is coming
11:30pm (EST) 1. Market Summary 2. First Solar (FSLR) – Possible Turnaround? 3. 2012 Daily/ Weekly Wrap Portfolio Update
11:30pm (EST) 1. Market Summary 2. First Solar (FSLR) – Possible Turnaround? 3. 2012 Daily/ Weekly Wrap Portfolio
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) continued… The Russell 2000 popped 3 points, or 0.3%, to end at 802.90. The small-caps fell to a
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Wynn Resorts (WYNN, $102.71, up $0.07) September 80 puts (WYNN120922P00080000, $0.40, down $0.05) Entry Price: $0.85 (8/2/12) Exit
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) The Dow gained 51 points, or 0.4%, to end at 13,168. The blue-chips reached a peak of 13,216
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but
The Dow gained 21 points, or 0.2%, to finish at 13,117. The blue-chips traded to a high of 13,187 and
1:30pm (EST) It has been a week of market moving headlines and this morning was no different following the release
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but
9:00am (EST) The Dow zoomed 217 points, or 1.7%, to close at 13,096 on Friday. The blue-chips had fallen below
10:30pm (EST) We have profits to take in 2 more trades today. We were hoping to hit triple-digit gains on
9:00am (EST) The bears continued their vengeance on the bulls following the lack of effort put forth by the ECB
12:35pm (EST) All talk and no action from Mario Draghi leads to a bearish day. We are going to enjoy
10:10am (EST) We have profits to take on a current option trade that is up 80% in just 3 days
9:00am (EST) The bears got their third win in-a-row on Wednesday following a week of hype the Federal Reserve was
12:25pm (EST) Today has been a busy for economic news with the FOMC Rate Decision at 2:15pm being the highlight
9:00am (EST) The bears won their second straight session on Tuesday after making another clean sweep on the major indexes.
12:50pm (EST) As expected, the market has traded in a tight range today and has pushed red and green as
9:00am (EST) The market finished lower for the ninth-straight Monday as the bears made a little progress in pushing support
12:40pm (EST) We’ve had a busy Monday as we have opened two more new trades for our Daily and we
11:25am (EST) We have just released a Trade Alert for our Weekly Wrap on a stock that has been surging.
11:25am (EST) OCZ Technology Group (OCZ, $7.29, up $0.21) Sell to OPEN August 10 calls (OCZ120818C00010000, $0.65, down $0.05) Original
11:00am (EST) We have 2 NEW TRADES for you today that could explode this week if we are right on
9:00am (EST) “Europe was relatively quiet but Greece said it would need more money last week and Spain brought the
11:30pm (EST) 1. Market Summary 2. Mellanox Technologies (MLNX) Hits New 52-week Highs 3. Attunity (ATTU) – A
11:30pm (EST) 1. Market Summary 2. Mellanox Technologies (MLNX) Hits New 52-week Highs 3. Attunity (ATTU) – A Chance
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST)… As far as the month goes, the talking heads will tell you the bulls won the month as
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do