Thursday, September 27, 2012 (PM)
September 2012 | Members MEMBERS AREA Do not risk more than 5% of your trading account on any one trade […]
September 2012 | Members MEMBERS AREA Do not risk more than 5% of your trading account on any one trade […]
<a href="http://momentumoptionstrading.com/trade-MEMBERS AREA Do not risk more than 5% of your trading account on any one trade but do try
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Coinstar (CSTR, $44.83, down $1.38) October 42.50 puts (CSTR121020P00042500, $1.10, up $0.10) Entry Price: $0.80 (9/21/12) Exit
The Dow fell 17 points, or 0.1%, to end at 13,579 on Friday. The blue-chips traded to a low of
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but
9:00am (EST) The market had another mixed session that ended pretty much the same way as the day before as
12:15pm (EST) The bears got off to a good start as the pushed the bulls back at the open but
9:00am (EST) The bulls finally got back into the win column following Wednesday’s push but there are a few economic
12:40pm (EST) After 2 days of flat action that has favored the bears, the bulls are trying to regain the
9:00am (EST) The market ended pretty much where it started on Tuesday which was mixed. The action was tight and
12:35pm (EST) The market is mixed as we head into the second half of trading. Earnings and economic news have
9:00am (EST) If every day had been Monday over the summer and into September, the bears would be in good
1:15pm (EST) The bears have held the bulls in check for much of the session in what has been a
9:00am (EST) “We went on record in mid-August and said the market could move 5% in September and 10% by
9:00am (EST) KLA-Tencor (KLAC, $47.59, down $0.84) October 45 puts (KLAC121020P00045000, $0.60, up $0.20) Entry Price: $0.55 (9/20/12) Exit Target:
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Blue Nile (NILE, $37.67, down $2.64) October 35 puts (NILE121020P00035000, $1.30, up $0.70) Entry Price: $0.90 (9/18/12) Exit
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
12:25pm (EST) The most hated rally in history continues… There is an old saying on Wall Street that says “Don’t
9:00am (EST) The bulls were counting on the Federal Reserve to unleash another round of quantitative easing (QE) and got
12:55pm (EST) The bulls were pushing the market higher into today’s FOMC Rate Decision which just hit the Street and
9:00am (EST) The bulls dodged a bullet yesterday after Germany agreed to support more bailouts as Wall Street now shifts
12:45pm (EST) Futures were showing a nice pop late last night for Wall Street today ahead of Germany’s Constitutional Court
9:00am (EST) The bulls evened the score on Tuesday as they were able to hold on for the win following
1:05pm (EST) Shares of Shuffle Master (SHFL, $14.95, down $0.48) are getting decked today after missing Wall Street expectations on
9:00am (EST) It was another typical Monday for the bears as the market ended the session lower. If we count
12:30pm (EST) We did a lot of chart work over the weekend and we have been pretty busy this morning.
9:00am (EST) “We factored in a possible 1%-2% move for the market on Friday based on what Bernanke did or
12:50pm (EST) The market is mixed heading into the second half of trading following a disappointing jobs report. Nonfarm Payrolls
9:00am (EST) JC Penney (JCP, $28.66, down $0.39) October 26 puts (JCP121020P00026000, $0.80, up $0.05) Entry Price: $0.80 (9/13/12) Exit
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but
9:00am (EST) All Aboard!!! Ha, ha, ha…. We played a classic at the office headquarters this morning to get our
1:00pm (EST) Overseas markets were erratic as they bounced between positive and negative territory ahead of the European Central Bank’s
9:00am (EST) The market traded in a tight range again on Wednesday with the bears getting the win as 3
1:05pm (EST) Shares of FedEx (FDX, $86.49, down $1.05) are trading lower today after the company warned after the bell
9:00am (EST) The bulls gave up an early lead to the bears at the open but they were able to
9:00am (EST) “The market has another week of August before September rolls around and it is usually the most bearish
1:50pm (EST) The bulls were anticipating some good news today ahead of Ben Bernanke’s big speech this morning as futures
9:00am (EST) The market closed right at support like we figured heading into today’s big event. We are pretty sure
9:00am (EST) Monster Beverage (MNST, $58.07, up $2.51) September 52.50 puts (MNST120922P00052500, $0.30, down $0.45) Entry Price: $0.80 (9/5/12) Exit
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) Monster Beverage (MNST, $55.56, down $1.69) September 52.50 puts (MNST120922P00052500, $0.80, up $0.40) Entry Price: $0.80 (9/5/12) Exit
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
9:00am (EST) (continued…) The Dow gained 90 points, or 0.7%, to finish at 13,090 on Friday. The blue-chips traded in a
September 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Back to Members Monday, September 3, 2012 Tuesday, September 4, 2012 Wednesday, September 5, 2012 Thursday, September 6, 2012 Friday,
12:40pm (EST) It figures the major indexes would go into Friday’s big Bernanke speech right at support, providing current levels
9:00am (EST) The market followed it’s normal pattern of trading in a tight range with both the bulls and bears
12:10pm (EST) It’s been another boring day on Wall Street but an exciting one for our portfolio. As the tight
9:00am (EST) The bulls made a little headway in regaining their momentum on Tuesday as Tech and the small-caps held
12:30pm (EST) It’s rare we hear politicians say they have a “heavy workload” but that is the excuse European Central
9:00am (EST) The month of August is nearly over, and with yesterday’s flat action, investors are counting down the days.
12:25pm (EST) To no surprise, the market has traded in a tight range with both the bulls and bears getting
9:00am (EST) The bulls pushed new highs on the S&P 500 but the Dow, Nasdaq and Russell 2000 came up
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
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
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
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
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
9:00am (EST) “The charts are still showing mixed signals with the Dow and Russell 2000 pinned under their middle uptrend
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
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
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
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 Do not risk more than 5% of your trading account on any one trade but do