We have been telling the pros and talking heads the bulls would continue their rally this week and that the first day of February has been bullish over the past decade. There were a lot of bets being made that today’s unemployment numbers would derail the rally but as usual, when too many people are on one-side of the boat, it usually tips over.
The price channels were have been drawing for you on our Weekly Wrap have been money and we have been planning this journey since mid-December. With the Dow triggering 14,000, we can say we have arrived. This will be another important weekend for homework and when we “project” our yearend targets for the market following the close of January and we are giddy as we have been crunching numbers all week.
We will go over all of the possibilities on where the market could be headed over the near-term, intermediate-term and longer-term so let’s enjoy today’s rally and continue to follow the road map.
Last year around this same time, we predicted these levels for the market and if we include January, we nailed it. Our price targets for the Nasdaq and Russell 2000 were a little higher but we said the Dow had a chance of trading to 14,000 and the S&P would trigger 1,500. Bingo.
With today’s action, here is how we look: The Dow is up 140 points to 14,001 while the S&P 500 is higher by 15 points to 1,512. The Nasdaq is advancing 35 points to 3,176 while the Russell 2000 is gaining 8 points and is at 910.
We also have an update on our option trading manual, How to Trade Options on Momentum Stocks. The manuals are ready and we have picked them up from the printers. They will begin to ship next week and for everyone who took advantage of our year-end special back in December, look for a tracking number to alert you of when the course materials will arrive at your doorstep.
Last week, we ran the special one last time but some of you had trouble as the coupon code wasn’t posted on the website. We have fixed the problem and we will once again run the promotion – one last time. The deal when end Sunday night at midnight and won’t be offered again.
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. 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)
Our 5 biggest winning recommendations in 2012:
+575% Green Mountain puts
+500% Taser call options
+475% American Express call options
+464% Arena call options
+292% Capital One calls
We had 31 triple-digit winners and 17 (70%+) on 199 trades
Our 5 biggest winning recommendations in 2011:
+1,167% Rambus option trade
+357% RIMM option play
+296% Freeport option trade
+184% Goldman Sachs
We had 21 triple-digit winners and 12 (70%+) on 154 trades
Our 5 biggest winning recommendations in 2010:
+525% Adobe call options
+297% Akamai Tech
+190% Nike call play
+177% Best Buy option trade
+150% Green Mountain
We had 19 triple-digit winners and 6 (70%+) on 115 trades
Our 5 biggest winning recommendations in 2009:
+1150% RIMM option play
+552% Google call options
+556% RIMM option trade
+567% Bank of America
+335% IBM call options
We had 79 triple-digit winners and 19 (70%+) on 238 trades
Our 5 biggest winning recommendations in 2008:
+1,057% Google call options
+867% AIG put options
+588% Budweiser takeover play
+400% Chipotle Mexican Grill
+347 Merck option play
We had 65 triple-digit winners and 13 (70%+) on 142 trades
The numbers the bulls need to hold are Dow 14,000; S&P 1,510; Nasdaq 3,175; Russell 910 for the run to continue on Monday.
We have a lot to cover inside our Members Area before we roll for the weekend and we have one more present for you. We usually play this video for you when the bulls make a jailbreak and over the years, it never gets old and gives us goose bumps. For you Randy Moss fans, let’s hope he gets his first Super Bowl ring this weekend. Enjoy and we will be back Sunday night with the Weekly Wrap. (please go to website to see the video).