MomentumOptionsTrading.com Weekly Wrap for 12/26/11
MomentumOptionsTrading.com Weekly Wrap for 12/26/11 11:00pm (EST) 1. Market Summary 2. Imperial Sugar (IPSU) – Imperial’s Peril 3. Why […]
MomentumOptionsTrading.com Weekly Wrap for 12/26/11 11:00pm (EST) 1. Market Summary 2. Imperial Sugar (IPSU) – Imperial’s Peril 3. Why […]
1:15pm (EST) The bulls came into today’s session with a comfortable lead for the week following Monday’s pullback and have
11:10am (EST) We are adding 2 NEW TRADES for our Daily portfolio today as we look to play the market’s next big
9:05am (EST) SanDisk (SNDK, $49.43, up $0.31) January 52.50 calls (SNDK120121C00052500, $0.70, flat) Entry Price: $1.05 (12/23/11) Exit Target: $2.10
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) The S&P 500 slid 16 points, or 1.25%, to settle at 1,249. We were looking for 1,250 to
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am SanDisk (SNDK, $50.10, down $0.42) January 52.50 calls (SNDK120121C00052500, $0.90, down $0.20) Entry Price: $1.05 (12/23/11) Exit Target: $2.10
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) continued… The Dow jumped 124 points, or 1%, to finish at 12,294 on Friday. The blue-chips went out near
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any
9:00am (EST) The bulls continued their winning ways on Thursday after pushing the market higher for the third day in-a-row
1:15pm (EST) Futures were flat for much of last night and turned positive ahead of Europe’s open this morning which
11:25am (EST) We are adding 2 NEW TRADES for our WEEKLY WRAP portfolio today. These are two well known stocks that are in the single-digits which
11:25am (EST) NEW TRADES! Zynga (ZNGA, $9.37, down $0.10) Action: Shares do not trade options but they should shortly. The
9:00am (EST) Wednesday’s final numbers were about what we were hoping for as the market finished mixed. Much of yesterday’s
12:30pm (EST) Futures have been all over the map today after trading higher throughout the morning before turning negative to
9:15am (EST) You could almost feel the market’s frustration with Europe and we told you a big move was coming
12:30pm (EST) No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation – Robert Rhea, Economist
9:00am (EST) Europe’s failure to find a comprehensive solution to their debt crisis continues to weigh on Wall Street as
1:25pm (EST) Futures were pointing towards a lower start on Wall Street when the European markets opened for trading this
9:00am (EST) The bears got back in the win column last week following a strong start on Monday which lasted
1. Market Summary The bears got back in the win column last week following a strong start on Monday
11:15pm (EST) 1. Market Summary 2. Green Dot (GDOT) – The New “Visa”? 3. Earnings 4. Weekly Wrap Portfolio Update
1:50pm (EST) Zynga (ZNGA, $9.87, down $0.13) opened for trading this morning on the Nasdaq stock exchange after pricing shares
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) The Dow gained 4 points, or 0.4% to close at 12,107. The blue-chips traded down to 11,999 just
9:15am (EST) Pepsico (PEP, $65.53, up $1.16) January 65 calls (PEP120121C00065000, $1.40, up $0.60) Entry Price: $1.10 (12/20/11) Exit Target:
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Taiwan Semiconductor Manufacturing (TSM, $12.32, down $0.44) January 12.50 calls (TSM120121C00012500, $0.35, down $0.25) Entry Price: $0.80 (11/30/11)
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) continued… The Dow slipped 2 points, or 0.02%, to settle at 11,866 on Friday. The blue-chips traded to a
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
11:10am (EST) We are adding 3 NEW TRADES for our WEEKLY WRAP portfolio today as we look to generate cash in the current trading environment. Subscribers, check your
11:10am (EST) NEW TRADES!!! Buy Vivus (VVUS, $10.29, up $0.14) Sell to OPEN January 11 calls (VVUS120121C00011000, $0.90, flat) Action:
9:00am (EST) There have been numerous times this year we have seen the market move into a trading range and
2:15pm (EST) The market is trying to hold onto today’s gains following a strong open by the bulls on better-than-expected
9:00am (EST) The bears pushed their winning streak to 3-straight following Wednesday’s pullback. The selling pressure picked up steam shortly
1:20pm (EST) It has been an “all bears” week so far as the market continues to slide on a falling
9:00am (EST) It was another disappointing day for the bulls after a strong start but we knew in our midday
1:40pm (EST) The bulls are trying to power ahead following Monday’s pullback and got off to a good start despite
9:00am (EST) The market continued its recent zig-zag action on Monday with the bears starting the week off with a
12:35pm (EST) We knew today could be challenging for the bulls as futures were weak throughout the night and worsened
9:00am (EST) (Note: Please log into the Members Area to see today’s charts) The bulls’ came into the week feeling
11:00pm (EST) 1. Market Summary 2. Best Buy (BBY) – Several Buy Signals 3. Affymax (AFFY) – This Biotech
11:00pm (EST) 1. Market Summary 2. Best Buy (BBY) – Several Buy Signals 3. Affymax (AFFY) – This Biotech
1:00pm (EST) We said this morning Wall Street might need some convincing on the European Union (EU) leaders agreement to
9:00am (EST) Transocean (RIG, $39.41, down $0.78) January 52.50 calls (RIG120121C00052500, $0.10, down $0.00) Entry Price: $0.70 (12/7/11) Exit Target:
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) The Dow dropped 131 points, or 1.1%, to end at 11,823. The blue chips touched a low of
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
Continued…9:00am (EST) The Dow fell 66 points, or 0.6%, to settle at 11,954. The blue-chips dropped to a low of
9:00am (EST) Transocean (RIG, $41.98, down $1.28) January 52.50 calls (RIG120121C00052500, $0.30, down $0.15) Entry Price: $0.70 (12/7/11) Exit Target:
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (continued…) The Dow jumped 186 points on Friday, or 1.6%, to settle at 12,184. The blue-chips traded to a high
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any
9:00am (EST) This is one of our favorite titles to use in our daily updates from time-to-time and it was
1:45pm (EST) Futures were flat when the European markets opened for trading and remained that way for much of last
9:00am (EST) The market appeared as though it would end flat for the second straight session, but a late afternoon
1:50pm (EST) The bears have controlled much of today’s action after a mixed open and managed to push the major
9:00am (EST) Standard & Poor’s expanded its downgrade threat against Europe Tuesday morning to include Europe’s existing bailout fund which
2:15pm (EST) Some of the bulls have broken to higher ground while a few were left to fight the bears
9:00am (EST) We knew going into our afternoon update on Monday there could be a curveball coming which is why
1:00pm (EST) Futures were pointing towards a strong open this morning on hopes France and Germany could come together and
9:00am (EST) Coming into last week, the bulls had lost 7-straight sessions and the market was on the verge of
11:00pm (EST) 1. Market Summary 2. CommVault Systems (CVLT) Could Vault Higher 3. Bottomline Technologies (EPAY) Appears to be
11:00pm (EST) 1. Market Summary 2. CommVault Systems (CVLT) Could Vault Higher 3. Bottomline Technologies (EPAY) Appears to be
9:00am (ES Transocean (RIG, $43.95, down $1.44) January 52.50 calls (RIG120121C00052500, $0.55, down $0.20) Entry Price: $0.70 (12/7/11) Exit Target:
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Transocean (RIG, $45.48, up $0.47) January 52.50 calls (RIG120121C00052500, $0.75, flat) Entry Price: $0.70 (12/7/11) Exit Target: $1.40
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Autodesk (ADSK, $34.78, up $0.69) January 38 calls (ADSK120121C00038000, $0.90, up $0.15) Entry Price: $0.70 (12/2/11) Exit Target:
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Autodesk (ADSK, $34.09, up $0.12) January 38 calls (ADSK120121C00038000, $0.75, up $0.05) Entry Price: $0.70 (12/2/11) Exit Target:
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
The Dow gained a half-point on Friday, or 0.01%, to finish at 12,019. The blue-chips traded to a high of 12,146
12:20pm (EST) We have been mentioning for a few weeks that the economic news here at home could trump Europe’s
11:00am (EST) For those of you who use our cell phone alerts and Twitter updates, we have more good news.
9:00am (EST) The market followed its recent pattern of consolidating after a huge move as Thursday’s action mirrored Tuesday’s session
12:55pm (EST) It has been a rough few months for momentum stocks as a number of high flyers have come
9:00am (EST) “Whatever method you use to pick stocks (or options)…your ultimate success or failure will depend on your ability
1:05pm (EST) We are going to keep it short and sweet today because as option traders, it doesn’t get any
11:30am (EST) For those of you who use our cell phone alerts and Twitter updates, it’s time to ring the
9:00am (EST) The market ended mixed on Tuesday although the bulls “unofficially” won the session by taking 2-out-of-3. We went
12:20pm (EST) Most of you aren’t shocked by today’s headlines that AMR (AMR, $0.35, down $1.27), the parent company of
9:00am (EST) The bulls were facing a make-or-break session on Monday (and last Friday) after the bears broke through several
1:15pm (EST) There were a lot of traders who took Friday off because a) it was a half day and
9:00 (EST) The market continued its recent slide as the bears had their best bull feast in nearly 80 years
Back to Members Thursday, December 1, 2011 Friday, December 2, 2011 Monday, December 5, 2011 Tuesday, December 6, 2011 Wednesday,
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) continued… The Dow skyrocketed 490 points, or 4.22%, to settle at 12,045. The index easily cleared 11,600; 11,800;
December 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
Back to Members Thursday, December 1, 2011 Friday, December 2, 2011 Monday, December 5, 2011 Tuesday, December 6, 2011 Wednesday,
November 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Clean Energy Fuels (CLNE, $12.00, up $0.90) January 12.50 calls (CLNE120121C00012500, $0.90, up $0.25) Entry Price: $0.70 (11/25/11)
November 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard