12:10pm (EST)
The bulls are trying to cap another week of gains as we head into the second half of trading and the weekend. We have seen some incredible moves this week in certain stocks with 10%-30% price swings that has meant some unbelievable option returns as the indexes continue to push new highs.
Before we get into today’s numbers, we wanted to do a quick update on Research in Motion (RIMM, $18.07, up $0.33) as shares has hit fresh 52-week peaks this week.
We provided extensive coverage of RIMM in our first Weekly Wrap for 2013 and at the time we said shares were undervalued. The stock was just under $12 and we took a look at their earnings and compared them to others in the industry. We also provided some nice visuals for you as we said shares could make a run to $20:
The short-term graph looks bullish. The price is at support and will likely head to resistance. However it will hit the 1st resistance line at $14 and the 2nd resistance line at $14.60. If the price breaks that too, then the stock could go to the purple resistance line, which is rising at $0.067 cents per day. At this rate it will take 70 days for it to reach $20. The last time the MFI, RSI, Stochastic %K, and W%R were at similar levels, as indicated by the purple lines, the price rose. Two of the four indicators are also closer to oversold territory than overbought territory. The stock did however fall once when the MFI, RSI, Stochastic %K, and W%R were at similar levels, as indicated by the orange line. The MACD could form an upward cross in the near future.
(END)
Shares haven’t hit $20, yet, but they have moved up 50% in less than less than 3 weeks. RIMM still has nearly 2 months before we said $20 would trigger but it doesn’t appear it will take that long as the momentum has been powerful. We still have RIMM on our radar for a possible option trade on earnings or the rollout of its new Blackberry 10 but we need to look at both sides of the trade as shares could be setting up for a pullback at some point.
If you haven’t signed up for the Weekly Wrap we urge you to do so. The newsletter is now a whopping 46-2 since inception and we are entering a great time to add new covered call trades as our portfolio is light. The newsletter targets double-digit gains on a monthly basis.
We will also be sending out our trading manual, How to Trade Options on Momentum Stocks, starting next week. For all of you who signed up for the 1-year deal, it should be at your doorstep within the week along with the Momentum Stocks Watch List. This manual that covers 100’s of stocks in dozens of sectors to help you keep track of possible option trades for our Daily.
We thank everyone for their patience while we went to the printers and we do have extra copies. But not many. Once your course ships you will be emailed a tracking number from UPS on exactly when the manuals will arrive at your doorstep.
We ran the special 1-year deal at $740 for both our Weekly Wrap and Daily newsletters which retail for $129 a month, or $1,548 for one newsletter. This alone is a 50% savings and the Weekly Wrap is included which is another $1,548 in savings. The trading course is an $899 value and comes with bi-monthly/ quarterly videos so you can see the incredible discount we are offering. A $4,000 deal for $740. The training library from the past few years has dozens of trade setups you can learn from to find your own triple-digit winners.
The reason we are doing this is simple. We want to teach you how to trade options and we want you to stay in the market for the long haul. We are confident once you learn to draw your own charts and find your own trades there isn’t a better job in the world you will want to have. Our editor-in-chief is a 25-year market guru and has made a number of fascinating predictions over the years.
The course comes with bi-monthly videos and currently has dozens of videos on trade setups, how to find trades, and how to read charts. The course is also shipped to you at no charge and you can read more about it by going here.
Even if you don’t trade options, you can use the course to learn to find stock trades or to simply understand the market. We also remind investors trading is for the long haul and getting in and out of the market or not knowing how it works can cost you money. You will learn to play the downside of the market as well. Most people get out when there is a selloff as panic and fear set in and is a bug reason why they lose money. We are here to tell you that you can make just as much cash to the downside as you can the upside.
We believe 2013 could be an explosive year for option trading and we hope to have another banner year like the one we just had for 2012.
The special deal we are giving is due to the savings of us doing a bulk run. Again, we have extra copies but they will be on a first come, first served basis. Here is the coupon code to get the special deal on the Daily, Weekly Wrap, and the options trading course, for an 80% discount. One profitable trade could pay for the entire purchase!
Please use coupon code: E0AD31DBA3 and go here:
Associate with: Members Area – Annual Recurring Subscription (Only $924 for 12 months. Save $240)
The levels we are looking for the indexes to close at are Dow 13,850; S&P 1,500; Nasdaq 3,150 and Russell (2000) 900.
As we head to press, the Dow is up 32 points to 13,857 while the S&P 500 is higher by 3 points to 1,497. The Nasdaq is popping 8 points and is at 3,138 while the Russell is advancing 3 points to 903.
We have action to take on a few of our trades as we continue to cash out our remaining trades before a possible pullback down the road. Subscribers, check the Members Area for the updates and we will be back Sunday night with the Weekly Wrap and Monday morning with the Daily. Until then, have a great weekend everyone and make sure you hit us up on our special offer as it will end on Monday. We expect the extra copies to sell out fast.
This entry was posted
on Friday, January 25th, 2013 at 12:13 PM and is filed under Hot Stocks, Market Analysis, Market Commentary.
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Both comments and pings are currently closed.
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RIMM Continues to Roll/ Special Discount Offer, Last Call!
12:10pm (EST)
The bulls are trying to cap another week of gains as we head into the second half of trading and the weekend. We have seen some incredible moves this week in certain stocks with 10%-30% price swings that has meant some unbelievable option returns as the indexes continue to push new highs.
Before we get into today’s numbers, we wanted to do a quick update on Research in Motion (RIMM, $18.07, up $0.33) as shares has hit fresh 52-week peaks this week.
We provided extensive coverage of RIMM in our first Weekly Wrap for 2013 and at the time we said shares were undervalued. The stock was just under $12 and we took a look at their earnings and compared them to others in the industry. We also provided some nice visuals for you as we said shares could make a run to $20:
The short-term graph looks bullish. The price is at support and will likely head to resistance. However it will hit the 1st resistance line at $14 and the 2nd resistance line at $14.60. If the price breaks that too, then the stock could go to the purple resistance line, which is rising at $0.067 cents per day. At this rate it will take 70 days for it to reach $20. The last time the MFI, RSI, Stochastic %K, and W%R were at similar levels, as indicated by the purple lines, the price rose. Two of the four indicators are also closer to oversold territory than overbought territory. The stock did however fall once when the MFI, RSI, Stochastic %K, and W%R were at similar levels, as indicated by the orange line. The MACD could form an upward cross in the near future.
(END)
Shares haven’t hit $20, yet, but they have moved up 50% in less than less than 3 weeks. RIMM still has nearly 2 months before we said $20 would trigger but it doesn’t appear it will take that long as the momentum has been powerful. We still have RIMM on our radar for a possible option trade on earnings or the rollout of its new Blackberry 10 but we need to look at both sides of the trade as shares could be setting up for a pullback at some point.
If you haven’t signed up for the Weekly Wrap we urge you to do so. The newsletter is now a whopping 46-2 since inception and we are entering a great time to add new covered call trades as our portfolio is light. The newsletter targets double-digit gains on a monthly basis.
We will also be sending out our trading manual, How to Trade Options on Momentum Stocks, starting next week. For all of you who signed up for the 1-year deal, it should be at your doorstep within the week along with the Momentum Stocks Watch List. This manual that covers 100’s of stocks in dozens of sectors to help you keep track of possible option trades for our Daily.
We thank everyone for their patience while we went to the printers and we do have extra copies. But not many. Once your course ships you will be emailed a tracking number from UPS on exactly when the manuals will arrive at your doorstep.
We ran the special 1-year deal at $740 for both our Weekly Wrap and Daily newsletters which retail for $129 a month, or $1,548 for one newsletter. This alone is a 50% savings and the Weekly Wrap is included which is another $1,548 in savings. The trading course is an $899 value and comes with bi-monthly/ quarterly videos so you can see the incredible discount we are offering. A $4,000 deal for $740. The training library from the past few years has dozens of trade setups you can learn from to find your own triple-digit winners.
The reason we are doing this is simple. We want to teach you how to trade options and we want you to stay in the market for the long haul. We are confident once you learn to draw your own charts and find your own trades there isn’t a better job in the world you will want to have. Our editor-in-chief is a 25-year market guru and has made a number of fascinating predictions over the years.
The course comes with bi-monthly videos and currently has dozens of videos on trade setups, how to find trades, and how to read charts. The course is also shipped to you at no charge and you can read more about it by going here.
Even if you don’t trade options, you can use the course to learn to find stock trades or to simply understand the market. We also remind investors trading is for the long haul and getting in and out of the market or not knowing how it works can cost you money. You will learn to play the downside of the market as well. Most people get out when there is a selloff as panic and fear set in and is a bug reason why they lose money. We are here to tell you that you can make just as much cash to the downside as you can the upside.
We believe 2013 could be an explosive year for option trading and we hope to have another banner year like the one we just had for 2012.
The special deal we are giving is due to the savings of us doing a bulk run. Again, we have extra copies but they will be on a first come, first served basis. Here is the coupon code to get the special deal on the Daily, Weekly Wrap, and the options trading course, for an 80% discount. One profitable trade could pay for the entire purchase!
Please use coupon code: E0AD31DBA3 and go here:
Associate with: Members Area – Annual Recurring Subscription (Only $924 for 12 months. Save $240)
The levels we are looking for the indexes to close at are Dow 13,850; S&P 1,500; Nasdaq 3,150 and Russell (2000) 900.
As we head to press, the Dow is up 32 points to 13,857 while the S&P 500 is higher by 3 points to 1,497. The Nasdaq is popping 8 points and is at 3,138 while the Russell is advancing 3 points to 903.
We have action to take on a few of our trades as we continue to cash out our remaining trades before a possible pullback down the road. Subscribers, check the Members Area for the updates and we will be back Sunday night with the Weekly Wrap and Monday morning with the Daily. Until then, have a great weekend everyone and make sure you hit us up on our special offer as it will end on Monday. We expect the extra copies to sell out fast.
This entry was posted on Friday, January 25th, 2013 at 12:13 PM and is filed under Hot Stocks, Market Analysis, Market Commentary. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.