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Bulls Push Resistance, Bernanke on Deck

Wednesday, April 25th, 2012

12:45pm

Wall Street Notes…

Apple (AAPL, $610.71, up $50.43) is soaring today and the WEEKLY April 600 calls (AAPL120427C00600000, $13.15, up $9.80) are up a stunning 300%.  Even more impressive, the calls traded to a high of $19.70 after opening at $17.75.  They closed yesterday at $3.35.  If you got out at the open, you made upwards of 500%.

Caterpillar (CAT, $102.86, down $5.54) is down 5% and is holding the Dow back 40 points.  The company beat on earnings but missed on revenues.  If CAT was flat, the Dow would be up triple-digits.    

First Solar (FSLR, $18.10, down $0.54) continues to hit new 52-week and all-time lows after falling through its 2006 IPO price of $20.  We have been talking about the tumble shares could take and have been telling our subscribers this could be a single-digit stock in a few months.  The stock has fallen so hard that it is in danger of getting booted from the S&P 500. 

Ben Bernanke is schedule to speak around 2pm so let’s see how things shake out into the close.

As we head to press, the Dow is up 46 points to 13,047 while the S&P is higher by 13 points to 1,385.  The Nasdaq is showing a 55 point pop and is at 3,017.              

We have been super busy today so we have to cut it short as we want to get our subscribers into our Members Area to talk about our NEW and current trades.

We will be back in the AM will a full briefing.

McDonald’s, GE Power Dow

Friday, April 20th, 2012

1:00pm (EST)

The bears are getting smoked on 420 Day as the bulls try to hit new highs before the weekend.  There have been a number of good earnings before the bell which has helped support today’s gains.

General Electric (GE, $19.51, up $0.37), a Dow component, is trading higher after beating Wall Street’s expectations.  The company reported a profit of $0.34 a share on revenue of $35.2 billion.  The suit-and-ties were looking for $0.33 a share/ $34.7 billion.  Now that is what we call an “official” earnings beat. 

GE is solid stock paying a 3.6% dividend.  We have considered adding the stock to our Weekly Wrap covered call portfolio and we will be listening to the company’s conference call over the weekend.  Stay tuned…

McDonald’s (MCD, $97.15, up $1.87) is also seeing slight gains after matching estimates but beating on revenue numbers.  The company reported a profit of $1.23 on sales of $6.55 billion versus a forecast for $6.54 billion.

Mickey D’s has accounted for 14 Dow points which is currently up by 116 points to 13,080.

The S&P is getting a 10 point pop and is at 1,387 while the Nasdaq is advancing 20 points to 3,028.

Today is April option expiration day which is good news for our Weekly Wrap subscribers.  We have up to 3 trades that could be closing today that will give us gains of 26%, 10%, and 8%.  This will bring our 2012 Weekly Wrap Track Record to 20-0 for the year and 37-0 since inception.  Double-digit monthly gains may sound boring but they add up quickly.  Remember, it only takes 5 winning trades of 20% or more to double your money.

Our current trades for the Daily are in good shape and we will tally the Daily numbers after the close as we have a few trades expiring today.  Through the first 4 months of the year, we couldn’t have asked for a better start.  Our closed trades have generated profits of nearly $40,000 and we are hitting pay dirt on over 80% of our trades.

This was has seen a choppy range bound market this week with extreme volatility.  Next week should be no different as Apple (AAPL, $582.98, down $4.46) and Netflix (NFLX, $106.95, down $0.14) will be reporting their quarterly results.

We will be back Sunday night with our Weekly Wrap so until then, have a great weekend everyone! 

Bears Get Back-to-Back W’s

Thursday, March 29th, 2012

9:00am (EST)

The bulls are still up for the week but are feeling pressure by the bears following Wednesday’s pullback.  Energy and Oil stocks led the way lower while some Tech and Financial stocks helped pull the indexes off their lows as the bears won their second straight session.    

The Dow fell 72 points, or 0.5%, to close at 13,126.  The blue-chips were down triple digits at one point, trading to a low of 13,069 (-128) before gaining some of the losses back.  Dow component, American Express (AXP, $59.06, up $0.84) continues its surge towards $60 after setting a fresh 52-week high of $59.26.  Bank of America (BAC), another blue-chip member, jumped 1.5%.  Both are current recommendations for our Daily and Weekly Wrap.  Caterpillar (CAT, $104.26, down $3.80) led the Dow losers, falling 3.5%.  The losses whittled the bulls lead away as they are now only up a slim 45 points for the week.   

The S&P 500 dropped 7 points, or 0.5%, to settle at 1,405.  The index dipped below the 1,400 level as the bears pushed a low of 1,397 before losing their grips.  The bulls are up 8 points for the week heading into today’s session.

The Nasdaq gave back 15 points, or 0.5%, to finish at 3,105.  Tech touched a low of 3,086 but is still up 37 points, or 1.2% for the week.  Apple (AAPL, $617.62, up $3.14) managed to set a new 52-week high of $621.45.  The Apple March 610 calls (AAPL120330C00610000, $9.00, up $1.25) we mentioned yesterday morning reached a high of $13.40 and would have made a nice triple-digit return in less than 24 hours.

We were closed out of 2 more trades yesterday.  Our Capital One (COF, $56.98, up $0.10) call option trade made 47% while our Solazyme (SZYM, $14.35, down $0.78) calls made 45%.  Our other COF trade that was closed last week made 292% for our subscribers.  This brings our 2012 Track Record to 57-11 so far for the year which is an 86% win rate.

We have added some new candidates to our Watch List today and we have moved up a number of Hard Stops to lock in gains on some of our other current trades showing a profit. 

Futures are showing a lower open so things could quickly turn south for the bulls if key layers of support fail to hold today.  Dow futures are down 39 points to 13,014 while the S&P futures are lower by 5 points to 1,394.  Nasdaq futures off 9 ticks to 2,759.

Subscribers, pay close attention to our trade instructions and stay on your toes as we could be adding New Trades today.

Bears Growl, Bulls Holding Support

Tuesday, March 20th, 2012

1:15pm (EST)

The bears are trying to get on the scoreboard after yielding points to the bulls for 3-straight sessions.  Much of today’s action can be blamed on concerns over China’s economy slowing as some are saying and some of the mining stocks such as BHP Billiton (BHP, $72.77, down $2.74) are reporting iron ore demand is weakening. 

Economic news here at home came in mixed which has contributed to today’s slide.  Housing Starts fell 1.1% during the month of February versus estimates for a 0.1% increase.  Meanwhile, Building Permits jumped 5.1% versus expectations for a pop of 0.6%.  This week’s economic data is all about the Housing sector and KB Home (KBH, $11.60, down $0.29) will end the week by briefing Wall Street with its latest earnings on Friday morning.   

Disney (DIS, $43.29, down $0.15) is weighing on the blue-chips after saying it will take a $200 million hit due to poor sales for its “John Carter” movie.  We haven’t seen the flick but the trailers weren’t that compelling and there was no buzz building up to the release of the movie.  Usually when you spend a quarter-billion dollars on a film, it better be a hit.  In Disney’s case and for its unproven director, JC has quickly become a major flop.  The expected loss was way worse than the $120-$160 million forecast.

The good news for Disney down the road is that “Avengers” and Pixar’s “Brave” could become blockbusters.  However, you don’t buy Disney’s stock based on movie hits.  We would buy the stock at current levels for its ESPN division, parks and cruise lines businesses.

As far as the market, the Dow is lower by 70 points to 13,169 while the S&P is off 7 points to 1,403.  The Nasdaq is down 20 points to 3,058.  We have a few trades in play today as some of our Hard Stops are close to being triggered.

We also have a NEW TRADE we are trying to get into so let’s go check the tape.  Subscribers, hit the Members Area for the updates.

MomentumOptionsTrading.com Weekly Wrap for 3/4/12

Sunday, March 4th, 2012

MomentumOptionsTrading.com Weekly Wrap for 3/4/12

10:00pm (EST)

1.  Market Summary 

2.  Sony (SNE) –Asia’s Most Valued Brand?   

3.  Earnings 

4.  Weekly Wrap Portfolio Update 

5.  Week Ahead

(To view the charts, please log into the Members Area and go to the Weekly Wrap Premium section)

= = = = = = = = = = = = = = =  

If you are not a subscriber but would like to read more please click here.  We are one of the fastest growing stock options trading advisors on the internet and we are off to a great start for 2012.  We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter which is 29-3 over the first 2 months of the year.  Our list of winners include 131% and 114% on 2 MGM trades, 200% on SGMS, 107% on AFL, 100% on STX, 82% on TSM and 125% on MSFT just to name a few! 

Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and went 16-0 for 2011.  Even better, we are 12-0 for 2012 and could close up to 10 more traded this month by St.Patty’s Day.  Sign-up now and receive access instantly to our stock options trading recommendations!

« Older Entries
2012 Closed Trades:
    Our updated 2012 Track Record is now at 85-18 for an 82% win rate. We have closed 24-straight winning option trades since late March!

    Despite the recent volatility, we have given more "locks" to our subscribers than a Vegas bookie. If you started with a $10,000 trading account, our CLOSED option picks would have made you over 600% by now. In other words, YOUR $10,000 option trading account would be worth over $70,000 as we have become one of the most powerful option newsletters in the business. Our biggest trade of the year so far was hit in early May when shares of Green Mountain Coffee Roasters (GMCR) fell 50% after an earnings miss which made our subscribers 576% on the put options!

    We DON"T count "half" closed trades twice, or "third" closed trades three times like other option newsletters do. Some option services will fluff their Track Records up by using these smoke-and-mirror tricks. They will also "average down" a losing trade in hopes of it coming back then will record the "average" price of the trade when it was really 2 bad trades. Most option websites DON'T have track records and say they give 300% winners. The devil is in the details.

    We don't play these types of games which is why we have the most dedicated subscribers in the business because we have earned their trust. We have recommended 103 trades, 85 winners, 18 losers for 2012. Pretty simple and pretty powerful. We also have verified auto-trading partners who trade our recommendations for your account if you cannot watch the market. They will also tell you how good and how honest our service is.

    Here are some of our other profitable triple-digit recommendations: Capital One (COF) call options +423% in 8 days, American Express (AXP) call options +310% in under 7 days, magicJack (CALL) call options +80% in 3 days, Microsoft (MSFT) call options +124%, STX call options +100% in 2 weeks, +114% and +131% on 2 MGM Resorts (MGM) call options trades in 3 weeks, +158% on Zynga (ZNGA) call options and +107% in Aflac (AFL) call options in 6 days. We also had a +200% winner with Scientific Games (SGMS). Some of our double-digit gains include +58% on WPRT calls, +80% on TSM and +38% on INT call options.

    Our Weekly Wrap is 35-0 since the start of 2011 and is 17-0 for 2012. Some of our winners include +55% on Solazyme (SZYM), +27% on Clean Energy Fuels (CLNE), +38% on Vivus (VVUS), +17% on MGM, +18% on Dendreon (DNDN), and +20% on Darling (DAR). Despite what the suit-and-ties say, you can make incredible gains trading the RIGHT covered calls.

    Over the past 5 years we are averaging a 75% winning percentage for all our trades despite volatile, flat and choppy markets. Come see why some of Wall Street's pros are following us instead of the Journal!

    Here are some of our profitable 2011 recommendations: ORLY call options +191%, VMW call options +100%, JOYG call options +169%; GS put options +184%; FDX put options +164%; OXY put options +74%; +137% on RIMM put options, +1,167% on RMBS puts in 11 days, +296% on FCX calls; +157% on ZAGG calls; +110% on LNKD puts; +133% on RLD put options.

    You can also request our Track Records to see all years by entering your email address which will allow you access to the portfolios.

    If you are missing these juicy profits, come give us a try. Get your password to our Members Area instantly when you sign up TODAY! One profitable trade will easily pay for your membership. You can request our 2008-2011 Track Records by sending us an email or filling out the box below. 665 Total Trades; 459 WINNERS or 7-out-of-10.


2008 - 2010
Track Record
94.05%
73% winners
Results are NOT compounded.

Request our detailed Track Records which are updated in our Members Area. As soon as you sign-up for a subsciption, you will have access to all open and closed trades for 2011 and past years.

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Trader Comments:

    REGINA L.
    I just want you to know that I love the way you write and explain everything. I am new to this, and have lost 50% of my account until I met you guys. Iit is slowly coming back. I will be calling to set up a year
    of membership rather than the one quarter. Thanks again, and LOVE YOU ALL.

    STEVE T.
    Rick, I appreciate the advice. I think I will just sit back and utilize your selections only for awhile. This will obviously save me a great deal of money in commissions. I have gone thru your entire site including the video on money management. This has brought me to the stark realization that I have been trading too much for too little. I definitely have not been "swinging for the fences", but I also think I have been getting impatient with trades and getting out too fast. This has no doubt caused me too trade too much. I like, and definitely agree on, the advice on money management. Thanks for the help.

    SCOTT H.
    Thank you!!! I held on to the NFLX position since Nov. 13 at a cost of $1.89. Sold ½ on April 14th for a 540% return and the other ½ upon earnings for 702% return. Total profit of $11,615 a 621% return. Keep the recommendations coming and thanks to you and your team for the service you provide.

    PETER G.
    Rick & Team, GREAT Call on NKE for my two trading accounts:
    1) Entry at .65, out at 1.45, 1.55 Profit = $415
    2) Entry at .60, out at 1.75, 1.50 Profit = $485

    LAWRENCE O.
    Hey Rick! Here is an update on what your picks have done in my accounts.

    1) Great call on the JoyG March 55. I bought when you said, then bought again on one of the dips. Booked 80+% profit. Made enough to pay for your service for years to come.

    2) Also booked profits on your Berk Feb 74 (80%) and threw a major chunk of change at the March 75’s (190+%). I would have never known that Buffet's stock had split if it weren’t for your service. Bought the shares also for the long haul. Won’t look at them for another 20 years. Great job on getting us in before the indexes did.

    3) Took profit on your Imax March 12.5. 20 cent trailing stop at 1.90 yesterday. Not sure what the profit on that was, but profit is profit.

    I see that you took a loss on some of these. It’s all good. I look to trade your “ideas” not your exact calls. I THANK YOU! For your ideas and commentary. Keep up the good work. And keep those ideas coming.

    C.J.
    Loving this subscription so far! I got into the BRK feb 76 calls the day you talked about right before the split...now up over 300% (0.70 to 2.475)! Keep the good picks coming and let's see some OSIS and EMC upside soon! Just wanted to share my positive enthusiasm on your newsletter...it gives us individual investors great ideas on not only the options market, but also the broader equity market! Case in point is BRK...I can't always read the breaking business news but its easy to read your twice daily updates on my smartphone...helped me get some BRK shares immediately after the split which I will hold for the long haul! Thanks again!

    SHAUN
    Aloha Rick - Thank you so much for the great CL pick. I am not sure if there was buy-out/merger news or what but at 3PM today Colgate-Palmolive absolutely EXPLODED to the upside, and my calls turned into green candy when they went from 1.40 to 3.8 in a matter of seconds! I even sold a few for over 4.0! Much thanks and keep the solid picks up my friend, honestly. Only a fool would scoff at 267% gains... Peace!

    MICHAEL K.
    I like the fact that you ask for comments from subscribers. Good customer service. By the way, am enjoying the service so far. Some good
    profitable calls. Keep up the good work.

    PARAG P.
    Woo hoo! Out for 50% on WMT this am. Making up for my depression for getting out of pcln for a 30% gain monday :( you the man! any word on the manual? My friend Mike ( who I sent to your service) told me he emailed you about your integrity in reporting fills. I echo that sentiment big time.. keep it up! Cheers!

    JAY P.
    Hi Rick, as a new member all I can say is, 'show off' LOL, with PCLN.

    MIKE
    Rick, I am a new subscriber to your service, and I want to say I am impressed. I am impressed by your results, but more than that I am impressed by your reporting of your fills. You could have easily said you got that Wal-Mart call today for 80 cents, instead you reported 98 cents! Good job and keep it up, I watched the reporting of the fills first, and then I subscribed. Thank You.

    TRISH D.
    Hi, good morning. I jumped the gun a little on this one (PCLN). But still made $1,675.00 profit!! Very happy!! Keep up the good work!! Thanks.

    MIN L.
    Hi there, I have joined recently, and I am very happy to tell you that I am up over $10,000 on your picks in a month. I started on 10/7 with the Intel pick. I'll be your member for life. Please don't quit on us. Also, I am learning a lot about options. I didn’t get in your recent APOL and that gold trade and only had one loss on CHK. I appreciate all the DD you do. I enjoy your market commentaries. Best advice site period, and I have tried a few here and there. Again, you guys rock!

    JOE G.
    Thanks be to Momentum Options Trading for providing me with some fantastic wins. I just started with this service and am up nearly 50% in less than a month. There have been losses, but if I manage them properly, I will continue the best efforts given on the blog (in which there are no complaints). What a great cause for humanity. I feel more confident about my trades and continue to play the wins. Best of all, I am now keeping my regular paychecks in the bank! Thank you!

    GREG F.
    Rick - I wanted to say thanks for getting me started on the right foot with your service. I have made six trades since starting on October 22, 2009. Five are winners and One loser netting me $6,245. Thanks again and keep the trade recommendations coming.

    NOEL
    I got into the Nike 60 Call at 1.85, sold at 5.00, also bought a 55 put at 1.05, but got stopped out at .35. What a ride! $2830.00 in the black even with the put. It's right at 100% return. I hope earnings season coming up is going to look like this trade.

    TODD F.
    Nice call on Nike. I think I'll go buy a pair with my profits! : ) I did the straddle for safety but still made 62% on the trade. Not bad for less than 24 hours. If Goldman is right, then the Nov 70s or 75's could be a steal today.

    PAUL H.
    What a sweet way to get introduced to Momentum. My first trade based on your picks and it a 2X. Thank you!

    NOEL
    “Limit order was set at 1.60 on RIMM so it sold. I may have left some money on the table but you can't go broke making a profit. That was a fun trade. Thank you. Good call. I’ve been watching and trading Rick's advice since March. It’s usually a fun ride, but I give him heck when it's wrong to. :) ”

    CHRISTIAN
    “Your service rocks! I made bank on Dendreon last week! The other thing I have to say is that it took me quite a while to find a REAL options trading service like yours. Most of what’s out there is 99% scam and very sketchy. Momentum Options Trading is the first service I found that I can trust and seriously make money with.”

    JOHN
    “I made $420.00 on ANF in 2 days. Thanks for the trade and updates on getting out of the trade.”

    CHARLES M.
    “I did follow a lot of your trades with 1-2 contracts per trade and YTD I’m up 108%. I try not to follow blindly by not entering all of your trades and sometimes entering the ones you don’t. I entered AIG a few weeks ago against recommendation – that one hurt.”

    BRYAN C.
    “I have been following you for several months and am interested in the new service. I hate to see the free service go away but as they say, “all good things must come to an end”. My ability to join will be greatly influenced by the monthly fee so I’m very curious to see the new prices. Thanks for making April a great month for me and my family.”

    JOHN H.
    “I have really enjoyed the past month since finding your blog. You have made some great calls. I would appreciate info. on the new options mentoring program. Thanks.”

    JEFFREY
    “Hi Rick, I have been following your blog for several months now and I would like to be including on the list for your new service and to receive more information about it. And yes I was a Dendreon winner with your tips. Turned $280 into $7700, and literally saved my butt.”

    ED
    “I made over 6k on your Dendreon trade, and I’m very interested in learning how you pick and trade options. Sign me up.”

    GREG
    “Rick – Wow what a day! I got in at the Dendreon calls at $2.25. Thanks to for your advice. I appreciate that. This company has a lock on this type of therapy and no one else in the world is close. Kind of reminds me of the type of companies that Peter Lynch and Warren Buffet suggest that investments be made in. Companies that can build a moat around their business model, that allows them to charge a premium for their product or service. In other words - a monopoly.”

    KEN
    “Hi Rick, Thank you so much for the Dendreon trade, I made almost $10,000 with that trade with a little over $2,000 investment. You have shown me the power of options trading. Again, thank you so much for all your inputs.”

    GARETT
    “Hi Rick, thanks for the encouragement to play the dendreon calls! did freaking great! Got in the first lot at $1.44 on 3-24-09, sold at $2.45, 70% not bad. Bought it back at $2.30 on 4-7-09 closed out on 4-14-09 for 454% gain! Wow! I love it when that happens. So, thanks the encouragement to get back in when others were saying sell, sell, sell. Keep up the good work.”

    TERENCE
    “Rick – Thanks for Dendreon – it has made all the headlines today! I missed on RIMM earlier, but I’ve been holding onto DNDN calls since 3rd week March. Of course today it all paid off today, as DNDN rocketed up.”

    Jan. 31 2012
    Rick, new member...Studied all current trades, did some chart work,picked ZNGA, PEP, MGM...Sold on Feb. 2 for $3600.00 profit...Cost for 1-year membership to your newsletter was less than $1000.00..All I have to say..Thank you. John H –

    3/18/11
    Rick, I purchased 10 contracts of the Nike March 85 puts Thursday afternoon for $2.00. Thing is, I was upset because the puts went down to $1.60 or so before the market closed. Well, needless to say Nike didn’t impress Wall Street and when I turned on the computer this morning the puts were worth $7.10! Sold them for a $5,100 profit!. Thanks again, you are the MAN. Chuck J-

    2/3/12
    Hi Rick,

    I will start off with a thank you for your time and dedication to all
    the research you and your team commit yourself to. This is not me just being excited about the profits I have accumulated aka (bank) ! You have helped me get back to the passion I had of researching stocks/options. Keith N-

    Hi Rick,

    I want to share my great results on GMCR. Based on your comments on February 15th, I bought 20 options at $0.28. They closed today at $7.00, which is a 2,300% gain. My $560 dollars turned into $14,000 in less than a month. In decades of trading, this is my single best trade ever. Thank you! By the way, the Dow was down 228 points today and I could care less. What a great trade. It proves the amazing power of options. I am so grateful for your service, which calls it straight all the time, your options trading manual, and most of all, your amazing skill
    at finding winning trades. I have attached a copy of the trade from
    my brokerage screen.

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