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Market Pops, Facebook (FB) Flops

Monday, May 21st, 2012

12:45pm (EST)

The bulls are running hard today just as we expected after two heavy weeks of selling pressure.  Economic news will be light this week with no reports scheduled for today.  Geopolitical news from across the pond has been a non-event and earnings are winding down.

It remains to be seen how much momentum the bulls can carry but we are looking for upper resistance to hold which will allow us to enter some more juicy trades.

The Dow is up triple-digits as it is sporting a 102 point gain and is at 12,472 while the S&P 500 is higher by 15 ticks to 1,310.  The Nasdaq is up over 50 points to 2,830. 

Facebook (FB, $34.10, down $4.13) is down 11% and we can’t wait until the options list which should be in a few weeks.

We do have a NEW TRADE we are recommending today after closing 5 more put options for profits this morning.  It is an earnings trade so we are suggesting half positions and follow our trade instructions very carefully by using limit orders.

Subscribers, check the Members Area for the updates and stay lock-and-loaded in case we see something else we like.

Bulls Looking For a Bounce

Monday, May 21st, 2012

9:00am (EST)

(To view the charts, please log into the Members Area this morning.  Also, for subscribers who upgraded to a 1-year membership over the weekend, please make sure you watch the video we sent this morning for our option course which covers a few more charts we draw out for you on the fly and how we come up with new trades.) 

“The major indexes ended mixed on Monday with the S&P and Nasdaq showing the slightest of gains while the Dow fell 30 points.  Friday was pretty much the same with the S&P switching sides.  We have been talking about negative Friday and Monday closes which are bearish and although there wasn’t a crystal clear picture on this indicator, we would have to say the action favored the bears. 

We are unsure on how shares will open and trade when FaceBook becomes public but it should be interesting.

If the offering is well-received by Wall Street, the market could get a bounce, if support isn’t broken by then.  If the demand isn’t overwhelming, and shares struggle, look for the bears to step on the gas.” 

(from 5/13/2012 Weekly Wrap/ Monday Morning Outlook)…

As you can see from last week’s chart, the market played out like a fiddle as the bears controlled the action all week despite the FaceBook (FB, $38.23, up $0.23) frenzy on Friday.  We rode the bears back to one of our most successful weeks of the year as we were able to lock-in profits on 7 more triple-digit winning put option trades.

There was no bounce on Friday as FaceBook got baked into the cake as you can see from our comments in the aforementioned chart’s red box.  The bulls are looking for a rebound but the bears did some serious technical damage last week.  The charts and other warnings signals we have been giving you have been spot on all year long and so far we have had a HUGE May.

This week’s charts are showing a possible bounce but the overall trend is still lower. (continued…)

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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 unprecedented 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 and our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis.  Together, we are 87-20 and we doubt you will find a hotter newsletter.  

Our list of winners also include +576% on GMCR, +475% on AXP, +292% on COF, +171% on FSLR, +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.  In other words, these solid gains could have turned your $10,000 trading account into over $80,000 for a 710% return using our recommendations.  Wow!  Our auto-trading partners verify our results so if you are a busy professional and work during market hours, they can do the trading for your account!

MomentumOptionsTrading.com Weekly Wrap for 5/20/12

Sunday, May 20th, 2012

11:30pm (EST)

1.  Market Summary 

2.  The Fight between the Dollar (UUP) & the Euro (FXE)

3.  Is First Majestic Silver (AG) Worth a Look?

4.  Earnings 

5.  Weekly Wrap Portfolio Update 

6.  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.  Our Weekly Wrap Covered Call Portfolio is 17-0 for 2012.  We were 16-0 in 2011.  Some of our sweet returns include +55% on SZYM, +27% on CLNE, +38% on VVUS, +19% on MGM, 18% on DNDN, and 20% on DAR.  Remember, if you can make 20% on just 5 trades, you will double your money.

 

Market Trending Lower

Friday, May 18th, 2012

12:50pm (EST)

FaceBook (FB, $40.60, up $2.60) finally opened for trading around 11:30am (EST) and the first print was $42.05.  We’ve mentioned them enough all week so let’s leave it there for now.

We thought there would be a little more enthusiasm in the market today but we mentioned in our Weekly Wrap if support was broken before the debut, shares could struggle along with the major indexes.

The Dow is down 6 points to 12,436 while the S&P is up a point to 1,305.  The Nasdaq is showing a decline of 2 points and is at 2,811 but has dipped below 2,800 today.  Not good unless you are bearish like us.   

We are doing a video this weekend for those of you who are trading course members.  It has been a few months since we have done one because we have been so busy trading and making our subscribers money.  We have recommended over 100 trades for 2012 which is nearly 4 or 5 per week.  We normally average 1 or 2 trades per week but when the market is giving you so many gifts, we have to take advantage of it will the getting is good.

We have had a ton of new subscriber sign-ups over the last few months as word spreads about the explosive profits we have been making so we felt it was important to do a video for those of you who want to learn charts and to trade like we do.

If you are not a member to our trading course, you can get the videos and trading manuals by UPGRADING your membership to a one-year deal which is cheaper and saves you money off our monthly and quarterly rates.

Once a year, we run a sweet offer but we want all of our subscribers to see the video so here is the deal.

If you have purchased a 1-year membership this year, in 2012, and you haven’t received the trading course, email us and we will send one out at no charge (an $895 value).  We did a promotion at the beginning of the year through April where we offered this deal so everyone from April on who didn’t get the course, hit us up in an email.  We will be sending all of you who have ordered 1-year memberships in May the course this weekend but email us anyway if want.

For those of you on Monthly or Quarterly memberships, if you upgrade to a 1-year membership, we will include the course at no charge as well.  Shipping is also on the house. 

We will also add any extra time from your current membership to the one-year deal.  The videos, all current and past are available as soon as you sign-up and we like to do one every month or two depending on market conditions.

If you do the math, this is well over a 50% discount if purchased separately and we are currently sporting an 86-18 win/loss record for the year.  Deals like this don’t last forever so jump on now.  This offer ends Sunday night at midnight. 

You will not need a coupon to get the manual along with the one-year subscription, just upgrade or signup, and we will ship the course to your doorstep over the weekend.  You will also have access to the videos, instantly.

Click here for the subscription link

To read more on our trading course, How to Trade Options on Momentum Stocks, go here:

We have some last minute updates but our current trades are doing well so we will ride them higher into next week.

We will be back Sunday night with our Weekly Wrap and Monday morning with our Daily.  Until then, have a great weekend everyone!  And make sure you sign-up or upgrade by then.

Bears Take Fourth Straight

Thursday, May 17th, 2012

9:00am (EST)

Move over McDonald’s (MCD, $91.43, up $0.42), we are lovin’ the bears right now.

It’s rare the market gives you this many clues to trade but we have been telling you for months this is one of the BEST environments we have seen in years to trade options.  The charts we have been showing our subscribers have literally been a treasure chest.

The bulls got off to a good start on Wednesday but the Fed and more concerns from across the pond dragged the major averages lower and into negative territory by the close.  We have 4 current option trades showing massive gains of 200%, 172%, 170% and 117%.  We have 2 other trades approaching the triple-digit club that are up 90% and 83% and we are hoping they join the TD club today.

As far as the market, let’s go check the numbers.  (continued…)

« 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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