Momentum Options

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 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 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 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 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 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 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 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 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 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

Bulls Continue 8-Year Run 8:00am (EST) The bears ruined the ringing in of the New Year with a Friday win

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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Pre-Market Update: The market was mixed during much of Monday’s action, as both the bulls and bears split the session. Some of the baby bulls showed up to push the financial stocks to fresh highs, but the bigger story was the small-caps, which tapped a fresh all-time peak.

Pre-Market Update: The market was oversold as it came into last week following a two-week pullback and backtest to the major moving averages. While a rebound was nearly a given on a Hillary Clinton win, a Donald Trump presidency wasn’t, and that caught Wall Street off guard.

Pre-Market Update: The Dow surged to all-time highs on Thursday despite the pullback in tech. The action has caught Wall Street off guard, as most thought a selloff would occur as a result of a Trump presidency, but they were wrong. More follow-through today would be bullish for next week.

Pre-Market Update: The market shrugged off a rocky start and some overnight jitters to push higher highs and additional layers of resistance yesterday, registering its third-straight win. The gains helped put all-time highs back in reach, and the VIX closed below 15 for the first time since late October.

Pre-Market Update: Despite a slow start to the session, the bulls got their second-straight win on Tuesday. The slight dip on the open was a simple backtest to fresh support and one that was expected following Monday’s huge rally. The rebound to higher highs was also a given, with the bears holding resistance ahead of the presidential election.