Wednesday, October 5, 2011
October 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any […]
October 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any […]
October 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) continued… The Dow fell 240 points, or 2.2%, to settle at 10,913. We mentioned two areas of resistance last
October 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any
1:10pm (EST) The bulls are looking to rebound from last week’s selloff and went into today’s session holding a slight
Back to Members Monday, October 3, 2011 Tuesday, October 4, 2011 Wednesday, October 5, 2011 Thursday, October 6, 2011 Friday,
9:00am (EST) The market got off to a good start on Thursday and made a quick run to resistance before
12:45pm (EST) Futures were strong throughout the night and this morning as they were pointing towards a slightly higher open
9:00am (EST) (Subscribers, make sure you check the Members Area this morning for the 5 charts we are profiling. There
1:55pm (EST) We wanted to update you on the Research In Motion (RIMM, $22.34, down $0.31) story we broke for you
9:00am (EST) The market extended its winning streak to three straight on Tuesday as the news from across the pond
2:00pm (EST) The bulls continue their push higher on hopes Europe may be making progress in dealing with its debt
9:00am (EST) After a slow start, the bulls made a quick check on resistance but waited for the perfect moment
12:50pm (EST) Futures were pointing towards a strong open this morning on word the International Monetary Fund (IMF) was preparing
9:00am (EST) The bears were looking to extend their winning streak to 5-straight sessions on Friday but the bulls got
September 2011 | Members MEMBERS AREA Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
9:00am (EST) continued… The Dow gave back 180 points, or 1.6%, to settle at 11,010. The blue-chips reached a high
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
September 2011 | Members 12:50pm (EST) Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
1:00pm (EST) History was not on the bulls’ side this week but it’s amazing how sentiment can change on a
9:00am (EST) September is quickly becoming a month to remember as the volatility continues. Yesterday’s action was all about the
1:15pm (EST) We have been warning of volatility for weeks and we mentioned in our Weekly Wrap on Sunday night
9:00am (EST) The market got off to a good start on Wednesday but we didn’t think the bulls had enough artillery yesterday
1:50pm (EST) Futures were indicating a flat open this morning as the market awaits the decision of the Fed’s FOMC
9:00am (EST) The market ended flat on Tuesday despite a strong run by the bulls to resistance as Wall Street
1:15pm (EST) We are short on commentary today as we have been extremely busy this morning. We have added 2
9:00am (EST) The bears got their first win in more than a week after winning Monday’s session from start to
1:00pm (EST) “I learned a thing or two from ol’ Charlie don’t you know You better stay away from Copperhead
9:00am (EST) Years ago, it was rare for investors or Wall Street to watch the global market or currencies because
1:00pm (EST) Special Offer from Momentum Options Trading Folks, we made the Weekly Wrap a free publication for 3 years
:00am (EST) Ford Motor (F, $9.62, down $0.35) November 12 calls (F111119C00012000, $0.15, flat) Entry Price: $0.25 (9/20/11) Exit Target:
September 2011 | Members MEMBERS AREA Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
9:00am (EST) F5 Networks (FFIV, $76.68, down $1.49) October 90 calls (FFIV111022C00090000, $1.10, down $0.20) Entry Price: $1.55 (9/20/11) Exit
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) F5 Networks (FFIV, $78.17, down $4.72) October 90 calls (FFIV111022C00090000, $1.30, down $1.10) Entry Price: $1.55 (9/20/11) Exit
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (continued…) The next layers of resistance were at 11,200 and 11,350 (orange line, green circles) and were the next
9:10am (EST) The bulls made it 4-in-a-row following Thursday’s break past resistance after the U.S. Federal Reserve and the ECB (European
12:30pm (EST) The bulls continue to run to higher ground on improved sentiment concerning Europe while economic news has been
9:10am (EST) The bulls kept their momentum for the week to win their third straight session as the bears retreated to
2:00pm (EST) The bulls are trying to extend their rally for a third day and have pushed past resistance following
9:05am (EST) The bulls scored another victory over the bears on Tuesday for their second straight win in a choppy session
1:00pm (EST) Futures were pointing to a lower start this morning amid ongoing concerns about Greece and Italy but started
9:00am (EST) The bulls were held hostage to start Monday’s session as the bears quickly used their momentum from Friday
1:50pm (EST) Futures were weak for much of last night and throughout the morning which lead to a lower open
9:00am (EST) The bears went into the shortened holiday week with a little momentum from the previous week and used
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:10am (continued)… The Dow soared 140 points, or 1.3%, to finish at 11,246. The index traded to a high of
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Lufkin Industries (LUFK, $63.37, up $1.32) December 80 calls (LUFK111217C00080000, $1.70, up $0.35) Entry Price: $1.50 (9/13/11) Exit
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00an (EST) Spreadtrum Communications (SPRD, $20.09, up $0.21) January 25 calls (SPRD120121C00025000, $1.60, up $0.10) Entry Price: $1.50 (9/9/11) Exit
9:00am (EST) The Dow got whacked for 303 points, or 2.7%, on Friday to end at 10,992. The index traded
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
12:45pm (EST) We knew the bulls would have trouble advancing the market today but we thought they had enough left
9:00am (EST) The market was weak for much of Thursday’s session as the bears took advantage of some nervousness to push the major
1:20pm (EST) Get your popcorn ready. The circus started last night as the GOP Presidential candidates talked to America about
9:00am (EST) When I get to the bottom I go back to the top of the slide Where I stop
1:05pm (EST) Futures were strong throughout the night and into this morning which lead to a sharply higher open. The
9:00am (EST) The bulls and bears each had their 15 minutes of fame on Tuesday but it was the grizzlies
1:05pm (EST) The selling pressure from Friday has carried over into today’s session as Wall Street gets back to work
9:00am (EST) The bulls started last week strong as they pushed the market higher by 2%, on average, after riding
1:35pm (EST) The overseas markets were anticipating a weak jobs report last night as most of the indexes started their
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
:00am (EST) The index fell below the 1,250 level on August 2 and a few days later we broke below 1,200. That Friday
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
CONTINUED… The S&P 500 also came off its lows but only gave back 9 points, or 0.7%, to finish at
Bears Taking Back Momentum 9:00am (EST) The bulls started last week strong as they pushed the market higher by 2%,
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) The bulls gave up some ground ahead of this morning’s headline news so let’s go over the numbers
1:35pm (EST) The market held up well following the jobs data before the bell and caught a bid after better-than-expected
8:45am (EST) The bulls ended August with a win as they extended their streak to four straight sessions and 7-out-of-8 after saying
12:35pm (EST) The bulls have lost a little bloom off this morning’s rosy opening but have managed to hold their
9:00am (EST) Following a strong rally past resistance on Monday, we figured the market would pull back a little to test
12:50pm (EST) Futures were pointing towards a lower open to start today’s session after comments from one of the Fed’s
8:40am (EST) After getting their first weekly win in a month, the bulls were anxious to keep the ball rolling
12:30pm (EST) For those of you who want to get an early jump on the stock market, the futures markets
9:00am (EST) The bulls were holding a nice lead going into Friday’s session as they were looking for their first
9:00am (EST) JDSU Uniphase (JDSU, $12.98, up $0.01) January 20 calls 2012 (JDSU120121C00020000, $0.35, down $0.05) Entry Price: $0.30 (8/30/11) Exit
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
8:45am (EST) JDSU Uniphase (JDSU, $12.97, down $0.47) January 20 calls 2012 (JDSU120121C00020000, $0.40, down $0.05) Entry Price: $0.30 (8/30/11)
September 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
Back to Members Thursday, September 1, 2011 Friday, September 2, 2011 Tuesday, September 6, 2011 Wednesday, September 7, 2011 Thursday,
August 2011 | Members MEMBERS AREA Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any
9:00am (EST) The bulls were holding a nice lead going into Friday’s session as they were looking for their first
August 2011 | Members 12:30pm (EST) Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have
12:25pm (EST) There was a lot of tension heading into today’s speech by Federal Reserve Chairman Ben Bernanke as the
10:10am (EST) It appears as though Ben Bernanke’s speech is not impressing Wall Street. We will give you the details
9:05am (EST) When we went over the charts in our Weekly Wrap for the major indexes on Sunday, we knew the market
1:30pm (EST) We mentioned on Tuesday we could be nearing a bottom for Financial stocks and it seems Warren Buffet
9:00am (EST) The bulls were looking to extend their winning streak to 3 sessions on Wednesday and did so by the
2:00pm (EST) Futures were weak in overnight trading and when the overseas markets opened this morning for trading after the