Bulls Struggling to Hold Gains
12:25pm (EST) The market got a little pop at the open as the bulls tried to reclaim support but the […]
12:25pm (EST) The market got a little pop at the open as the bulls tried to reclaim support but the […]
10:15am (EST) We are ringing the register on double-digit profits for Veeco Instruments (VECO, $31.36, up $1.16) this morning and
9:00am (EST) The bears played offense to start the week and used a full scale attack to push the major
1:00pm (EST) We all know how the government likes to wait until the last minute to decide things and many
11:05am (EST) We have just released 4 NEW TRADES for our Daily publication. We are now back in full positions and
9:00am (EST) “This past Monday was a negative close for the market and had it been positive, we might have
11:30pm (EST) 1. Market Summary 2. Revisiting Biodel (BIOD) 3. Earnings 4. Weekly Wrap Portfolio Update 5. Week Ahead
11:30pm (EST) 1. Market Summary 2. Revisiting Biodel (BIOD) 3. Earnings 4. Weekly Wrap Portfolio Update 5. Week Ahead (To
June 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) PowerShares QQQ (QQQ, $62.20, down $0.70) August 59 puts (QQQ120818P00059000, $0.95, up $0.15) Entry Price: $0.75 (6/27/12) Exit
June 2012 | Members Do not risk more than 5% of your trading account on any one trade but
9:00am (EST) continued… The Dow jumped 92 points, or 0.7%, to settle at 12,627. The blue-chips traded to a high
June 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
June 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
June 2012 | Members Do not risk more than 5% on any one trade but do try to take ALL
3:10pm (EST) The bulls are bouncing back following their second-worst beating of the year as the market is up 0.5%
8:15am (EST) “If you are ready to give up everything else – to study the whole history and background of
12:15pm (EST) The market got a slight pop at the open despite disappointing jobless claims numbers as the bulls try
9:00am (EST) The Fed did this, Bernanke said that but in the end it wasn’t enough to keep the rally
3:30pm (EST) We don’t want to get too aggressive as we are still building short positions but we have another New
1:50pm (EST) The Fed did the expected and extended its Operation Twist program. The market immediately rallied off the news
9:00am (EST) The market rallied on Tuesday as the bulls took one step closer to a breakout after clearing another
1:15pm (EST) The bulls are pushing the market higher as they march towards our upper-end resistance targets. While we admit
11:40am (EST) Solazyme (SZYM, $12.71, up $0.35) July 12.50 calls (SZYM120721C00012500, $0.70, up $0.15) Original Entry Price: $12.40 (4/17/12) Lowered
11:40am (EST) We have action to take on several trades for our Weekly Wrap. We are taking profits on our
9:00am (EST) The bulls didn’t get the results they were hoping for on Monday despite the positive result from the
12:30pm (EST) We started doing our homework Friday night shortly after the market closed because we were anxious to do
9:00am (EST) “Obviously, the Spain news has had a positive impact on futures and will likely lead to a huge
MomentumOptionsTrading.com Weekly Wrap for 6/17/12 11:30pm (EST) 1. Market Summary 2. Complete Genomics (GNOM) Could be a Sleeper
12:25pm (EST) There must be some kind of way out of here, Said the joker to the thief There’s too
8:15am (EST) continued… The Dow tanked 250 points, or 2%, to close at 12,573 yesterday. The blue-chips fell through not
June 2012 | Members 3:10pm (EST) Freeport-McMoRan Copper & Gold (FCX, $32.71, down $0.28) August 31 puts (FCX120818P00031000, $1.40, up
9:00am (EST) PowerShares QQQ (QQQ, $64.29, up $0.05) August 60 puts(QQQ120818P00060000, $0.75, flat) Entry Price: $0.75 (6/20/12) Exit Target: $1.50
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Special Note: The charts from yesterday have been posted for those of you who may not have checked
June 2012 | Members 12:30 pm EST (continued)… There are still a lot of traders staying long ahead of this week’s
9:00am (EST) continued The Dow gained 115 points, or 0.9%, to settle at 12,767 on Friday. The blue-chips traded down to
9:00am (EST) The bulls used a strong rally to strengthen their lead for the week as Wall Street braces for
12:50pm (EST) Futures were up last night ahead of the European open and held up for Wall Street despite some
12:00pm (EST) We are almost ready for the Daily but we wanted to send out this update because one of
9:00am (EST) The bulls were trying their best to extend Tuesday’s gains but spent much of Wednesday’s session trying to
1:00pm (EST) The market has traded in a tighter range today, surprisingly, with the action favoring the bears. Futures were
10:30am (EST) It’s time to take profits on another triple-digit winner. Shares of Constant Contact (CTCT, $17.49, down $2.03) have
9:00am (EST) The wild price swings we have seen in the market between the bulls and bears has been kicked-up
1:05pm (EST) The market has been a little choppy today but unlike yesterday, the bulls are doing a better job
9:00am (EST) We had a feeling the bears weren’t done and we said Spain’s bailout, “loan”, relief aid, or whatever
12:30pm (EST) The $125 billion Spain Bank Aid has turned into a temporary bank aid that Wall Street isn’t buying
9:00am (EST) “This week will be an important test for the bulls and next week will be even bigger. The
11:30pm (EST) 1. Market Summary 2. Heineken NV (HINKY) – Good Beer for Cheap Price 3. Tilly’s (TLYS) – Recent
MomentumOptionsTrading.com Weekly Wrap for 6/10/12 11:30pm (EST) 1. Market Summary 2. Heineken NV (HINKY) – Good Beer for
12:25pm (EST) The bulls are looking for redemption following last week’s drubbing and are on track to recover nearly all
9:00am (EST) continued… The Dow surged 155 points, or 1.4%, to finish at 12,651 on Thursday. The blue-chips tested a
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
June 2012 | Members MEMBERS AREA Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
9:00am (EST) Potash (POT, $37.58, down $0.80) July 35 puts (POT120721P00035000, $0.95, up $0.25) Entry Price: $0.75 (6/11/12) Exit Target:
June 2012 | Members MEMBERS AREA Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
9:00am (EST) continued… The Dow added 93 points, or 0.75%, to finish at 12,554 on Friday. The blue-chips fell to a
June 2012 | Members MEMBERS AREA Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
9:00am (EST) Ben Bernanke’s put on his best poker face yesterday as his testimony turned out to be a nonevent.
1:00pm (EST) Sometimes the best trades can be influenced by what the market is doing and with today’s bounce, which
9:00am (EST) Wall Street got its wish. The bulls had a monster day following news, rumors, and promises of the
1:30pm (EST) We have been expecting a test to resistance and we said we could have a huge snap-back rally
9:00am (EST) The bulls put in another good day’s work on Tuesday and were able to sustain current support levels
12:45pm (EST) The bulls and bears seem tentative to place big bets ahead of this week’s fireworks which could go
9:00am (EST) The bulls were under pressure to hold the 200-day MA’s (moving averages) to start the week and managed
12:25pm (EST) We were a little surprised to see a higher open this morning as futures were down nearly 1%
10:35am (EST) We see some low hanging fruit this morning on a stock that continues to look ripe for the
9:00am (EST) “While there is a chance for a continued rally into June, there doesn’t appear to be a whole
11:30pm (EST) 1. Market Summary 2. Arena Pharmaceuticals (ARNA) – First to Approval or First to Fail? 3. Vivus (VVUS)
MomentumOptionsTrading.com Weekly Wrap for 6/3/12 11:30pm (EST) 1. Market Summary 2. Arena Pharmaceuticals (ARNA) – First to Approval
1:35pm (EST) Futures were slightly lower when the overseas markets opened and we mentioned yesterday we had a nervous feeling
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (c0ntinued…) The Dow added 46 points, or 0.4%, to settle at 12,460 on Thursday. We have mentioned all week
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) continued… The Dow zoomed 287 points, or 2.4%, to end at 12,414. The index went out on its
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) continued… The Nasdaq popped 18 points, or 0.7%, to end at 2,778. Tech kissed a low of 2,749,
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Illinois Tool Works (ITW, $54.41, down $0.44) July 50 puts (ITW120721P00050000, $1.20, up $0.25) Entry Price: $1.05 (6/4/12)
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
11:45am (EST) While we have been well prepared for today’s market drop, there are more profits we want to take
9:00am (EST) The bulls and bears traded heavy blows on Thursday as the market opened lower before recovering by Wall
1:45pm (EST) With nonfarm payrolls out tomorrow, we want to close our Verizon Communications (VZ, $41.60, up $0.18) call option
12:15pm (EST) Wall Street Notes: Facebook (FB, $27.33, down $0.86) Weekly Options started trading today. There has been more put
11:15am (EST) We have an opportunity to add another NEW TRADE today. It is an earnings trade that we think
9:00am (EST) The bulls were held hostage on Wednesday as their one-day rally quickly came to an end as Europe
12:35pm (EST) We talked about the two levels of resistance the bulls faced coming into the week and yesterday’s test
10:15am (EST) We have an opportunity to add 2 NEW TRADES today. These are familiar names we have traded throughout
9:00am (EST) The headlines favored the bears but it was the bulls that started the week with the momentum. Much
12:25pm (EST) Futures were trading higher Monday night as we prepared for Tuesday’s open and got progressively stronger before the
9:00am (EST) “On the Friday at the beginning of May, with the Dow just above 13,000 and the S&P 500
11:00pm (EST) 1. Market Summary 2. Earnings 3. Weekly Wrap Portfolio Update 4. Week Ahead (To view the charts, please
11:00pm (EST) 1. Market Summary 2. Earnings 3. Weekly Wrap Portfolio Update 4. Week Ahead (To view the charts,
June 2012 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
Back to Members Friday, June 1, 2012 Monday, June 4, 2012 Tuesday, June 5, 2012 Wednesday, June 6, 2012 Thursday,
12:20pm (EST) The market has traded in a tight range today as Wall Street winds down the books and looks