Trade Updates – August 2012
Back to Members Wednesday, August 1, 2012 Thursday, August 2, 2012 Friday, August 3, 2012 Monday, August 6, 2012 Tuesday, […]
Back to Members Wednesday, August 1, 2012 Thursday, August 2, 2012 Friday, August 3, 2012 Monday, August 6, 2012 Tuesday, […]
9:00am (EST) continued… As far as the numbers, the Dow fell nearly 3 points, or 0.02%, to close at 13,073.
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
1:45pm (EST) The news Wall Street has been dying to hear finally arrived after Thursday’s close as FaceBook (FB, $24.07,
12:30pm (EST) NEW TRADE!!! Buy Vivus (VVUS, $22.70, down $0.34) Sell to OPEN August 24 calls (VVUS120818C00024000, $0.95, down $0.20)
12:30pm (EST) We have a NEW TRADE for our Weekly Wrap on a stock we feel will easily double over
9:00am (EST) The bulls were able to push the top of the current 3-month trading range as continued hopes of
1:10pm (EST) The market got a huge bounce this morning after ECB (European Central Bank) President, Mario Draghi, vowed to
10:45am (EST) Our Aetna (AET, $35.21, down $0.11) put option recommendation is officially closed as our Hard Stop on the
9:00am (EST) The market ended slightly mixed on Wednesday as rumors of the Federal Reserve acting sooner, rather than later,
2:30pm (EST) We would like to see a slow fade in the final hour of trading but if the bulls
1:00pm (EST) The market got an opening pop following better-than-expected earnings from Caterpillar (CAT, $80.98, down $0.45) but the rally
9:00am (EST) Tech could be in trouble today so let’s go over Tuesday’s numbers real quick. The Dow dropped 104
Aetna (AET, $37.24, down $0.42) August 36 puts (AET120818P00036000, $0.80, up $0.10) Entry Price: $0.85 (7/10/12) Exit Target: $1.70
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
12:00pm (EST) We have a lot to cover today as we get ready for a possible trend change in the
9:00am (EST) The bears won their eighth-straight Monday as the market pulled back 1% on renewed Europe worries and a
1:20pm (EST) Futures were down about 0.5% before the European markets opened this morning but got progressively worse before Wall
9:00am (EST) “July option expiration is Friday and over the past decade, the third Friday in July has been bearish
11:30pm (EST) 1. Market Summary 2. UnitedHealth Group (UNH) – A Safe Long-Term Buy 3. Earnings 4. Weekly Wrap
11:30pm (EST) 1. Market Summary 2. UnitedHealth Group (UNH) – A Safe Long-Term Buy 3. Earnings 4. Weekly Wrap Portfolio
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Dow Jones Industrial Average Spider (DIA, $128.58, up $2.07) September 119 puts (DIA120922P00119000, $0.90, down $0.45) Entry Price:
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) continued… By now, the world knows Apple came up short on its earnings and shares were down $33
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but
9:00am (EST) continued,,, The Dow dropped 121 points, or 0.9%, to end at 12,822 on Friday. The blue-chips tested the 12,600
12:30pm (EST) We mentioned last week that today could be nasty as July options expiration day has favored the bears
9:00am (EST) The bulls won their third-straight session on Thursday and made another run at upper resistance levels but ran
12:35pm (EST) The market got a slight bid at the open as the bulls added some fluff to yesterday’s gains
9:00am (EST) The market powered higher for the second-straight session as the bulls made their way back to the top
12:30pm (EST) Intel (INTC, $26.20, up $0.82) reported earnings after the close yesterday and they came in better-than-expected, for the
9:00am (EST) The bulls and bears continued trading punches on Tuesday as the market rebounded from Monday’s losses and added
1:50pm (EST) Uncle Ben looks a little nervous today which is not helping the bulls. The market got a nice
12:00pm (EST) We have a small profit to take in one of our current trades which we are closing to
9:00am (EST) The bears won their sixth-straight Monday as the market fell slightly following Friday’s huge pop. We mentioned before
12:50pm (EST) The market has traded in negative territory for much of today’s session although the bulls are trying to
9:00am (EST) “The bulls were on the verge of a breakout last week and we often mention how support and
11:30pm (EST) 1. Market Summary 2. Antares Pharmaceuticals (ATRS) – Possible Buyout? 3. Homeowners Choice (HCII) – A Closer
11:30pm (EST) 1. Market Summary 2. Antares Pharmaceuticals (ATRS) – Possible Buyout? 3. Homeowners Choice (HCII) – A Closer Look
12:45pm (EST) The bears were going for a clean sweep this week but the bulls are pushing resistance, which was
9:00am (EST) Aetna (AET, $38.15, down $0.85) August 36 puts (AET120818P00036000, $0.60, up $0.15) Entry Price: $0.85 (7/10/12) Exit Target:
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) continued… Chart at 11:30am: The S&P gained 9 points, or 0.7%, to finish at 1,372. The index traded
July 2012 | Members 12:35pm (EST) continued… This is the third attempt by the bulls since mid-June at a breakout
9:00am (EST) continued… The Dow gained 78 points, or 0.6%, to end at 12,805. The blue-chips touched a low of
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) continued… The Dow zoomed 204 points, or 1.6%, to finish at 12,777 on Friday. The blue-chips dipped to 12,606
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
12:00pm (EST) NEW TRADE!!! Antares Pharma (ATRS, $4.94, up $0.07) August 5 calls (ATRS120818C00005000, $0.70, up $0.10). Action: For every
12:00pm (EST) We have a NEW TRADE for our Weekly Wrap on a stock we feel is going to double
9:00am (EST) The market followed a similar pattern that has played out all week as the major indexes tested news
12:55pm (EST) Futures were down when we started researching the overseas news last night and got progressively worse before the
11:45am (EST) We are locking in profits on a trade that is up 122% in just 4 days. We will
10:00am (EST) We have just released a NEW TRADE recommendation! Shares have just dipped below $32 and we are expecting a drop
9:00am (EST) The was market tension ahead of yesterday’s Federal Open Market Committee (FOMC) Minutes as the major indexes traded
1:30pm (EST) Wall Street futures were up a smidge as we headed to bed last night but the overseas markets
9:00am (EST) The bears were able to crack another layer of support following our midday update on Tuesday as they
12:30pm (EST) The bulls got off to a good start and stretched short-term resistance but the bears lassoed them in
9:00am (EST) The bears did enough during the first half of trading on Monday to get the win as they
1:10pm (EST) The bears are picking up where they left off on Friday as futures were suggesting a lower open
10:30am (EST) We have just released a NEW TRADE recommendation! Shares are right at $22 and we are expecting a
9:00am (EST) “We often say markets can become overbought or oversold and that support and resistance can get stretched. While
MomentumOptionsTrading.com Weekly Wrap for 7/8/12 11:30pm (EST) 1. Market Summary 2. Annaly Capital Management (NLY) Is a “Buy”
11:30pm (EST) 1. Market Summary 2. Annaly Capital Management (NLY) Is a “Buy” 3. LiveDeal (LIVE) Surges but Will Momentum
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Freeport-McMoRan Copper & Gold (FCX, $32.36, flat) August 29 puts (FCX120818P00029000, $0.60, up $0.02) Entry Price: $0.67 (7/12/12)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) continued… As far as the market, the Dow dropped 83 points, or 0.7%, to finish at 12,653. The
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) JC Penney (JCP, $22.03, down $0.10) August 20 puts (JCP120818P00020000, $0.90, flat) Entry Price: $0.90 (7/9/12) Exit Target:
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
12:20pm (EST) Market breakouts and breakdowns are hard to call when an index or a stock are stuck in a
9:00am (EST) The bears controlled much of Thursday’s session despite the bullishness in the air as they held resistance ahead
12:30pm (EST) There was a flood of economic data and European news before the bell which led to a lower
9:00am (EST) The market ended higher on Tuesday’s shortened session as the bulls pushed our upper end targets and came
9:00am (EST) We came into the week thinking the bulls might make a little more noise before Wednesday as the
12:45pm (EST) Futures were slightly down for much of last night and the headlines from overseas were relatively quiet but
9:00am (EST) “Although the indexes are still in a “trading range”, Thursday’s 2+% pullback was a wakeup call for the
9:00am (EST) PowerShares QQQ (QQQ, $64.93, up $0.04) August 59 puts (QQQ120818P00059000, $0.30, flat) Entry Price: $0.75 (6/27/12) Exit Target:
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) PowerShares QQQ (QQQ, $64.89, up $0.54) August 59 puts (QQQ120818P00059000, $0.30, down $0.10) Entry Price: $0.75 (6/27/12) Exit Target:
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) The Dow zoomed 278 points, or 2.2%, to settle at 12,880 on Friday. The blue-chips went out at their
Back to Members Monday, July 02, 2012 Tuesday, July 03, 2012 Wednesday, July 04, 2012 Thursday, July 05, 2012 Friday,
12:45pm (EST) The bears were trying to get their first weekly sweep for June but all three major indexes are
9:00am (EST) The bulls made a nice recovery off Thursday’s lows as they made a late charge in the final
2:10pm (EST) We have been warning of a possible selloff or a test to new lows and today’s action could
9:00am (EST) The bulls moved the market needle north yesterday but not much was accomplished. The major indexes closed above
2:15pm (EST) We always say plan your trades and trade your plan. Arena Pharmaceuticals (ARNA, $11.87, up $3.02) has opened
1:00pm (EST) The bulls are making another push higher and have cracked the first layer of resistance as we head
9:00am (EST) The bulls tried to get some momentum going on Tuesday but ran into trouble after stretching resistance. The