MomentumOptions.com Mid-Market Update for 1/30/2017 Small-Caps Get Whacked/ Profit Alert (TSEM/ Trade Alert (RIG) 12:30pm (EST) Futures were showing a […]
MomentumOptions.com Pre-Market Update for 1/30/2017 Small-Caps and Curveballs 8:00am (EST) The market traded in another tight range on Friday but
MomentumOptions.com Mid-Market Update for 1/27/2017 How ‘Bout Them Bulls/ Profit Alert (TSEM) 11:35am (EST) The bulls are trying to put
MomentumOptions.com Pre-Market Update for 1/27/2017 Blue-Chips Keep Momentum/ Profit Alert (GDOT) 8:00am (EST) Thursday was a mixed with the blue-chips
MomentumOptions.com Mid-Market Update for 1/26/2017 Starbucks (SBUX) Facing Crucial Quarter 2:05pm (EST) The market got off to a good start
MomentumOptions.com Pre-Market Update for 1/26/2017 VIX Taps 30-Month Low 8:00am (EST) Lost in the hoopla of the Dow’s record close
MomentumOptions.com Mid-Market Update for 1/25/2017 Dow 20,000 – Finally/ New Trade (VIAV)/ Profit Alert (S) 1:45pm (EST) For the cheerleaders
MomentumOptions.com Pre-Market Update for 1/25/2017 Record Highs Back in Play 8:00am (EST) The bulls rebounded big-time on Tuesday to push
MomentumOptions.com Mid-Market Update for 1/24/2017 Bulls Rebound 2:35pm (EST) I have talked about the continuing trading range heading into February
MomentumOptions.com Pre-Market Update for 1/24/2017 Another Slow Start 8:00am (EST) The bears continued their recent pattern of getting off to
MomentumOptions.com Mid-Market Update for 1/23/2017 Bears Continue Pressure 2:55pm (EST) The market has traded in negative territory for of much
MomentumOptions.com Pre-Market Update for 1/23/2017 Earnings Season Heats Up 8:00am (EST) The bears opened the shortened weak with a win
MomentumOptions.com Mid-Market Update for 1/20/2017 Bulls Hold Fort 12:15pm (EST) The bulls are showing strength today as the bounce off
MomentumOptions.com Pre-Market Update for 1/20/2017 Fresh Lows in Play 8:00am (EST) The bears are starting to look dangerous as they
MomentumOptions.com Mid-Market Update for 1/19/2017 Netflix Tops Estimates 2:05pm (EST) Shares of Netflix (NFLX) are trading higher today following an
MomentumOptions.com Pre-Market Update for 1/19/2017 Mixed Session as Lower Dow Low Holds 8:00am (EST) The market traded on both sides
MomentumOptions.com Mid-Market Update for 1/18/2017 Goldman Sachs (GS) Shines, Shares Slip 1:25pm (EST) Futures were showing a slightly higher open
MomentumOptions.com Pre-Market Update for 1/18/2017 Bears Push Near-Term Support 8:00pm (EST) The bears haven’t made much headlines this year as
MomentumOptions.com Mid-Market Update for 1/17/2017 Watching Netflix (NFLX) Earnings for a Short/ Profit Alert (TSEM) 1:15pm (EST) I covered a
MomentumOptions.com Pre-Market Update for 1/17/2017 Mixed Week Slightly Bullish 8:00am (EST) The Financial sector delivered strong earnings on Friday but
MomentumOptions.com Mid-Market Update for 1/13/2017 Financial Results Mixed/ New Trade (RIG) 1:55pm (EST) The Financial stocks are rallying following better-than-expected
MomentumOptions.com Pre-Market Update for 1/13/2017 All About the Banks 8:00am (EST) The bears got a clean sweep on Thursday as
MomentumOptions.com Mid-Market Update for 1/12/2017 Pullback Ahead of Financial Fireworks 3:00pm (EST) Futures were showing a sluggish start to today’s
MomentumOptions.com Pre-Market Update for 1/12/2017 Tech Stays Strong 8:00am (EST) The bulls continued their march towards upper resistance and fresh
MomentumOptions.com Mid-Market Update for 1/11/2017 Biotech Gets Bumpy/ New Trade (TSEM)/ Profit Alerts (ARRY, TSEM) 2:50pm (EST) The market got
MomentumOptions.com Pre-Market Update for 1/11/2017 Choppy Action Continues 8:00am (EST) The bulls kept their Tuesday win streak intact despite the
MomentumOptions.com Mid-Market Update for 1/10/2017 Transports Holding Floor of Support 2:45pm (EST) The market has shown some strength today as
MomentumOptions.com Pre-Market Update for 1/10/2017 Tech Up Five-Straight 8:00am (EST) The bulls were counting on Tech to turn the market’s
MomentumOptions.com Mid-Market Update for 1/9/2017 Monday Blues 3:20pm (EST) I mentioned the start of the week has been bullish over
MomentumOptions.com Pre-Market Update for 1/9/2017 Small-Caps Slack 8:00am (EST) The bulls started 2017 with the way they closed out 2016
MomentumOptions.com Mid-Market Update for 1/6/2017 Record Highs Back in Play/ New Trades (GDOT, S) 1:25pm (EST) Although futures were slightly
MomentumOptions.com Pre-Market Update for 1/6/2017 Tech Shines on Slight Pullback 8:00am (EST) The market finished mixed on Thursday with Tech
MomentumOptions.com Mid-Market Update for 1/5/2017 Twillio (TWLO) Shares Stay Volatile/ Profit Alert (SNE) 2:30pm (EST) Shares of Twillio (TWLO, $27.99,
MomentumOptions.com Pre-Market Update for 1/5/2017 Ho, Ho, Ho, Bulls Make it Two-in-a-Row 8:00am (EST) The Santa Rally is now official
MomentumOptions.com Mid-Market Update for 1/4/2017 4Q Earnings Around the Corner 2:25pm (EST) The start of 4Q earnings season gets underway
MomentumOptions.com Pre-Market Update for 1/4/2017 VIX Closes Back Below 13.50 8:00am (EST) The bulls checked-off a few boxes on Tuesday
MomentumOptions.com Mid-Market Update for 1/3/2017 Resistance Back in Play/ New Trade (TSEM) 1:35pm (EST) The last trading day of the
Bulls Continue 8-Year Run 8:00am (EST) The bears ruined the ringing in of the New Year with a Friday win
MomentumOptions.com Mid-Market Update for 12/30/2016 Bears Crack Trading Range/ Trade Alerts (CVS, VIAV) 3:30pm (EST) I often mention how trading
MomentumOptions.com Pre-Market Update for 12/30/2016 Small-Caps Edge Higher 8:00am (EST) The bears got their second-straight win although the damage done
MomentumOptions.com Mid-Market Update for 12/29/2016 VIX Pushes Upper Resistance 1:20pm (EST) The bulls are trying to regain momentum following yesterday’s
MomentumOptions.com Pre-Market Update for 12/29/2016 Volatility Rises on Light Volume 8:00am (EST) The market pulled back on Wednesday after starting
MomentumOptions.com Mid-Market Update for 12/28/2016 Bears Push Near-Term Support 1:40pm (EST) Futures were showing a nice open this morning for
MomentumOptions.com Pre-Market Update for 12/28/2016 Bulls Keep Momentum 8:00am (EST) The bulls showed continued signs higher highs are still in
MomentumOptions.com Mid-Market Update for 12/27/2016 Nasdaq Trips 5,500/ Trade Alert (TIVO) 1:50pm (EST) The talking heads are still on standby
MomentumOptions.com Pre-Market Update for 12/27/2016 Bulls Get Back on Track 8:00am (EST) The market finished higher last week with the
MomentumOptions.com Mid-Market Update for 12/23/2016 Bears on Track for Weekly Win/ New Trade (SNE) 2:55pm (EST) I mentioned the last
MomentumOptions.com Pre-Market Update for 12/23/2016 Light Volume Hampering Bulls 8:00am (EST) Volume has dried up this week as I often
MomentumOptions.com Mid-Market Update for 12/22/2016 Still on Standby 12:40pm (EST) Futures were lower throughout the morning but were improving ahead
MomentumOptions.com Pre-Market Update for 12/21/2016 VIX Holds 11.50 8:00am (EST) The talking heads were cheerleading throughout the day for another
MomentumOptions.com Mid-Market Update for 12/21/2016 Tight Trading Range/ New Trade (ARRY) 1:30pm (EST) Futures were slightly higher throughout this morning
MomentumOptions.com Pre-Market Update for 12/21/2016 Small-Caps Lead Bullish Charge 2:45pm (EST) The Dow party hats were being pulled out on
MomentumOptions.com Mid-Market Update for 12/20/2016 VIX Taps 11.50 2:45pm (EST) The bulls are pushing higher highs as the Dow has
MomentumOptions.com Pre-Market Update for 12/20/2016 Bulls Get Monday Win 8:00am (EST) The market traded in a tight range on Monday
MomentumOptions.com Mid-Market Update for 12/19/2016 Earnings for the Week/ Profit Alert (GLD) 2:35pm (EST) Fourth-quarter earnings season is less than
MomentumOptions.com Pre-Market Update for 12/19/2016 Another Mixed Week 8:00am (EST) The market ended mixed for the second-straight week although the
MomentumOptions.com Mid-Market Update for 12/16/2016 Trivago (TRVG) Goes Public/ Trade Alerts (IMAX, LSCC) 3:20pm (EST) Shares of Trivago (TRVG, $11.76,
MomentumOptions.com Pre-Market Update for 12/16/2016 Resistance Holds 8:00am (EST) The bulls got back on track Thursday and pushed higher highs
MomentumOptions.com Mid-Market Update for 12/15/2016 Dollar Rises, Metals Pull Back 2:45pm (EST) Futures were showing some weakness on the open
MomentumOptions.com Pre-Market Update for 12/15/2016 Fed Finally Makes a Move/ Trade Alert (CBI, GLD)/ Profit Alerts (RMBS, QQQ) 8:00am (EST)
MomentumOptions.com Mid-Market Update for 12/14/2016 Fed Decision on Deck/ New Trade (GLD) 12:15pm (EST) It’s now or next year for
MomentumOptions.com Pre-Market Update for 12/14/2016 Tech Rebounds 8:00am (EST) The bullish momentum continued on Tuesday with Tech leading the charge
MomentumOptions.com Mid-Market Update for 12/13/2016 Record Highs Back in Play/ Profit Alert (MSFT) 1:55pm (EST) The market continues to push
MomentumOptions.com Pre-Market Update for 12/13/2016 Blue-Chips Hold Court/ Profit Alert (ETFC) 8:00am (EST) The market held its pattern of a
MomentumOptions.com Mid-Market Update for 12/12/2016 Gold Holding $1,160 Level/ Profit Alert (CBI) 12:00pm (EST) I mentioned this morning Gold was
MomentumOptions.com Pre-Market Update for 12/12/2016 Bulls Continue Record Run 8:00am (EST) The market regained its momentum last week following a
MomentumOptions.com Mid-Market Update for 12/9/2016 Volatility Slips as Bulls Push New Highs 12:15pm (EST) One of the key indicators I’m
MomentumOptions.com Pre-Market Update for 12/9/2016 Tech Taps Another All-Time High 8:00am (EST) The Nasdaq joined the other major indexes in
MomentumOptions.com Mid-Market Update for 12/8/2016 Lululemon (LULU) Surges on Earnings Beat/ New Trade (VIAV) 11:30am (EST) Shares of Lululemon Athletica
MomentumOptions.com Pre-Market Update for 12/8/2016 Shorts Get Squeezed 8:00am (EST) The bulls continued their record run on Wednesday as new
MomentumOptions.com Mid-Market Update for 12/7/2016 Apple Holding 100-Day Moving Average 2:35pm (EST) Apple (AAPL, $110.64, up $0.69) continues to be
MomentumOptions.com Pre-Market Update for 12/7/2016 Small-Caps Tap Record High 8:00am (EST) The market was sluggish for much of Tuesday before
MomentumOptions.com Pre-Market Update for 12/6/2016 Small-Caps Lead Bullish Charge/ Important Login Information 8:00am (EST) Although the Dow got much of
MomentumOptions.com Mid-Market Update for 12/6/2016 Earnings for the Week 1:10pm (EST) Earnings season has come to a crawl and will
MomentumOptions.com Mid-Market Update for 12/5/2016 Dow Pushing Record Highs 12:00pm (EST) The bulls are rebounding from last week’s losses as
MomentumOptions.com Pre-Market Update for 12/5/2016 Bears Snap 3-Week Losing Skid 8:00am (EST) The bulls had their 3-week win streak snapped
Mid-Market Update: The bulls were anxious to see this morning’s jobs number in order to help them regain some lost momentum this week. Futures were negative ahead of the open, but they improved ahead of the news that nonfarm payrolls rose by 178,000 in November.
Pre-Market Update: The market followed a similar pattern on Thursday, as the major indices were mixed with continued divergence between the blue-chips and tech. The rotation has punished momentum stocks that aren’t in the mix, which is either a sign of continued weakness or a buying opportunity.
Mid-Market Update: Today’s flat to slightly lower action has been no surprise, as I mentioned that there could be choppiness into tomorrow’s job report. The suits-and-ties have forecasted that 180,000 jobs were added last month, and Wall Street will be looking for growth.
Pre-Market Update: The market finished mixed on Wednesday despite getting off to a good start. Oil rose as OPEC decided to cut production, but it ran into key resistance levels at $49-$50. Economic news has been good of late, and traders are anxiously looking ahead to tomorrow’s jobs report.
Mid-Market Update: Oil was up 7% in pre-market trading this morning ahead of OPEC’s oil-production decision. Futures were also up and pointing towards a higher open, with record highs still on the horizon.
Pre-Market Update: The bulls returned to their winning ways on Tuesday following some opening weakness, as the market finished mostly higher. The small-caps slacked, but tech tapped another all-time intraday high. Today’s action could see wider swings as a result of OPEC’s decision and the subsequent reaction in oil prices to a possible cut in production.
Mid-Market Update: One of my favorite sectors to play long and short positions on is the grocery and supermarket stocks. I usually stick to two names for the most part, which I have recommended on a frequent basis as official positions for the portfolio over the years.
Pre-Market Update: The bears made a brief appearance on Monday following three weeks of hibernation, but they did little damage in their efforts to slow the momentum. The small-caps had their 15-session win streak halted, although the pullback held rising support and last Monday’s levels. The close off of the lows was slightly bullish, but volatility rose to a level that needs to be respected.
Mid-Market Update: Futures were showing a slippery open this morning, with near-term support coming into play. While this is giving the talking heads comfort in knowing that the market doesn’t always go straight up, they can hang their hats on finally calling for a pullback, providing the losses hold into the close.
Pre-Market Update: The bulls kept their post-election momentum going on Friday, as the market closed higher for the third-straight week. With three trading days left in the month of November and the bears still in hibernation, record highs are still possible, as fund managers will be forced to chase as they come back from a holiday week.
Pre-Market Update: The market continued its traditional Thanksgiving rally this week, as the major indices pushed record highs again on Wednesday. Tech was a little slack, but the small-caps extended their winning streak to 14-straight. Today’s half-session is expected to be flat, as volume will be light and much of Wall Street will be taking extended vacations.
Mid-Market Update: The small-caps continue to shine and are working on their 14th-straight win, providing they hold today’s gains into the close. The post-election rally has been breathtaking, and I mentioned that it could be smooth sailing into the first week of December.
Pre-Market Update: The market enjoyed another banner day on Tuesday, as all of the major indices continued their assault on all-time highs. With my fluff targets now in play, all we have to do is try and relax during the Thanksgiving action. Trading will likely be light today ahead of the Thanksgiving holiday on Thursday, but we will still be watching for warning signs of a market top while we nibble on bullish positions.
Mid-Market Update: With many of the slick-talking pros taking it easy and going on early vacations this week, the bulls aren’t giving the market a reason for a pullback, as the technical outlook continues to improve.
Pre-Market Update: The market continued its run to record highs yesterday, as the bulls got off to another good start for the week. I have been talking about the early hibernation by the bears into December and, with volatility falling below a key level of support, this week looks “all clear” to stay long.
Mid-Market Update: Futures were forecasting a slightly higher open and continued strength to higher highs ahead of this morning’s opening bell. Today’s action has helped the broader market break out to fresh all-time highs, and my fluff targets from this morning’s Pre-Market Update are coming into play.
Pre-Market Update: The bulls started last week on another high note, with the Russell 2000 joining the Dow in setting fresh 52-week peaks. However, the divergence continued, as the broader market and tech showed weakness. The bears tried their best against rising support, but they struggled for back-to-back sessions.
Mid-Market Update: November options expiration day has been bullish over the past 13 years, as the bulls have won the battle in 11 of them, or nearly 85% of the time. The bears had an edge going into today’s action, as futures were slightly weak overnight and heading into this morning’s opening bell.
Pre-Market Update: The bulls continued their thirst for higher highs, with the small-caps leading Thursday’s pack. The financial stocks showed strength again, which put the bears back on defense. Wall Street might be hesitant to go long over the weekend, but my current outlook shows blue-sky territory now continuing into the first week of December.
Mid-Market Update: I mentioned in yesterday’s Mid-Market Update that the king of the penny-beat, Cisco Systems (CSCO, $29.81, down $1.76), was reporting earnings, and it had a slight surprise for Wall Street on Wednesday after the close. The company actually beat estimates by $0.02, and revenue was higher as well. The problem was that the current forecast came in $0.02-$0.04 below expectations.
Pre-Market Update: The talking heads were finally patting themselves on the back yesterday, as they blamed Wednesday’s “pullback” on a market that had gone too high, too fast. However, that theory was broken by last Friday’s close. In reality, the market was split and closed mixed, with tech continuing its rebound. The financial stocks held the bulls from what would likely have been clean sweep, but momentum is still on their side.
Mid-Market Update: Earnings will come back into play in a big way today and for the rest of the week, as a number of high-profile companies and Wall Street darlings are set to confess their latest numbers.
Pre-Market Update: This week’s morning choppiness continued on Tuesday, and the market moved within a narrower trading range for much of the session. However, momentum picked up in the afternoon, led by the Nasdaq, and the Dow extended its win streak to seven-straight sessions. Higher highs continue to appear to be on the horizon, and volatility is also relaxing.
