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Market Breaks Resistance

Friday, December 23rd, 2011

1:15pm (EST)

The bulls came into today’s session with a comfortable lead for the week following Monday’s pullback and have used their momentum to push the major indexes past resistance.

Volume has been light, all week for that matter, and is only running at 40% of normal trading.  Light volume can be good or bad but the direction has been upward and Europe seems to be on the back burner for the time being.  Economic news continues to provide hope the economy may be improving and we mentioned these two events could play a big role in the market going higher.  So far, we have been right on that call.

Today’s highlights include New Home Sales which increased 1.6% in November and matched expectations.  Durable goods orders for the month of November jumped 3.8% versus expectations for an increase of 2.2%.  The core reading, which excludes transportation items, was up 0.3%.  Personal income was up 0.1% which missed forecasts for an increase of 0.2%, and Personal Spending rose 0.1% as well, versus expectations for an increase of 0.3%.

As we type this up, the Dow is advancing 88 points to 12,258 while the S&P 500 is higher by 8 points to 1,262.  The Nasdaq is higher by 14 points to 2,614.  

Next week is the last hurrah for 2011 and we plan to be active but we wanted to go over our numbers real quick because we are excited about 2012 and we want you to be a part of it.

Our 2011 Portfolio will end the year with over $18,000 in profits.  This means if you started the year with us with a $10,000 account, we made you a 180% return on your investment.  If you started with a $20,000 account, the returns were 90%.  If you started with a $5,000 account your return was 360%.

Of course, you return will depend on when you start with us and if you take all of our trades.  Many of you have thanked us over the last few months, especially after the hot streak from mid-August until November, and now we want to thank you.

Every year we offer a special deal to our one-year membership and we try to stress that trading is for the long haul.  Choppy and mixed markets are hard to trade but as you have seen lately, TRENDING markets are the time where you can make an incredible amount of money.

There were a lot of option newsletters that struggled this year to give you good advice because our new subscribers have told us.  Hedge funds got walloped and Mutual Fund managers are at a loss for words to explain why they couldn’t give their clients a double-digit return.  Not us.

We are proud of our 2011 Track Record for the Daily (65% winners) and we are tremendously happy to say the first year of the Weekly Wrap publication was a hands down success (16-0!).  To show our appreciation for your support we would like to offer you a special deal for the holidays.

For a limited time, we will be offering a 1-year subscription to our Daily newsletter for $699.  The publication is normally priced at $924 which is already a steep discount to our $129 a month rate.  We will also be including our trading manual, How to Trade Options on Momentum Stocks as a bonus package.  This is an $899 value and shipping is on the house. 

Now, the next part is important. 

The trading manual also comes with ongoing videos and our next video will be out on Monday night.  We want to show you exactly why the market could be headed for an explosive move in 2012.  The charts we will cover will clearly show you what could be coming and we will show you how to play a market breakout.  We also show you why if there is more trouble ahead, we could see a massive selloff.  The video will also cover a more in-depth look at our current trades and will be available to all trading course members Monday night. 

We will also be including a 3-month membership to our Weekly Wrap if you hit us up on this deal.  This publication is for the short to medium-term trader and aims to provide double-digit monthly income.  Our Daily newsletter strides for 100% gains on every trade that usually plays out in 3 weeks or less but the Weekly focuses on buying stocks and selling calls against your position.  We like  monthly dividends on strong stocks and by selling options it kind of works that way as it reduces our cost basis.

Folks, if you really want to learn how to trade the market full-time and how to understand the market’s moves than there is no better times to join us.  This deal will only run until the end of 2011 because we want you on board when 2012 kicks off.  The total cost for the 1-year upgrade averages to just over $58 a month for the entire package so you can see the incredible savings we are offering you.        

Current subscribers, please feel free to upgrade.  If you recently purchased a 1-year membership (since October), email us and we will hook-up up with the add-ons if you did not get a trading manual.

1-year membership – $699 – use coupon code 60EDA4E018 – includes trading course (an $899 value) and shipping.  A 3-month membership to the Weekly Wrap will also be included in your membership.

On that note, we will be heading out for the holidays after the bell to enjoy time with our friends and family.  We always look forward to wishing everyone a Merry Christmas because it’s our favorite time of the year.

We have updated our Members Area to include today’s 2 new trades.  We also have one trade that is up over 80% and we want to take half profits before the weekend.  

We will be back Monday night with the Weekly Wrap and Tuesday morning at 9am sharp with the next issue of the Daily.  Until then, have great 3-day Christmas weekend everybody!

MomentumOptionsTrading.com Profit Alerts (QQQ, SPY, PEP) for 11/3/2011

Thursday, November 3rd, 2011

11:50am (EST)

For those of you who use our cell phone alerts and Twitter updates we have good news as we run our winning streak to 27-straight winning trades!  Let’s lock-in profits on 2 trades and take HALF profits in another.  Subscribers, check the Members Area for the updates or your email inbox for our comments.  We will be back shortly with our midday update. 

MomentumOptionsTrading.com Profit Alert (JOYG) for 8/31/2011

Wednesday, August 31st, 2011

9:55am (EST)

For those of you who use our Twitter alerts to get updates outside of our normal print times of 9am and 1pm, we have super sweet news today.  One of our call option trades has hit a 169% total return in just 3 days and although we think the options can go higher, we need to take action on the other HALF of the trade after locking in half gains yesterday.  Subscribers check the Members Area or your email inbox for the update.

We told you this market would be exciting to trade this week!  We will be back shortly after lunch with our afternoon update.

Bulls Shrug Off Economic Data, Push Higher

Thursday, June 16th, 2011

12:35pm (EST)

Before the jobs data came out, futures were pointing towards a pretty steep drop for the market at the open as the major indexes were looking at a 0.5% decline.  However, futures improved despite an uninspiring Initial Claims number which came in at 414,000.  This was below the forecast for 420,000 claims and lower by 16,000 from the prior week but a print under 400,000 would have been nice for the bulls.  

Elsewhere, Housing starts for May came in at an annualized rate of 560,000, which was greater than the 540,000 units that had been expected.  Building permits improved to 612,000 versus forecasts for a drop to 548,000.

The market opened higher on these positive developments but ran into some selling pressure shortly after the open when the Philadelphia Fed Survey came out.  The survey came in negative (-7.7) for June when expectations were for an improvement to 7.0 from 3.9 in the prior month.  The major indexes immediately fell into negative territory. 

In any event, the bulls managed to bounce back as they have pushed the market to session highs as we head to press.

The Dow is up 82 points to 11,979 while the S&P 500 is higher by 16 points to 1,272.  The Nasdaq is showing a 7 point pop and is at 2,638. 

We have added a few more possible plays to our Watch List as we get ready for our next “batch” of option trades.  We are winding down old positions now as we have recommended taking half profits on a number of trades which are still playing out and are doing extremely well. 

There is no need to rush our trades because we are getting some beautiful setups while we wait.  However, there is ONE trade we are releasing right now that we like.  If we are right, this put option trade could return up to 300%.  No joke.  It is a high risk/ high reward trade but our gut is growling and we are bearish on the stock.  The options are at $1.25 and we think they are going to $5.

Subscribers, check the Members Area for the NEW TRADE!

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2012 Closed Trades:
    Start 2012 with the BEST options newsletter on the internet. With 5 triple-digit option trade winners in the books, we couldn’t have asked for a better beginning for 2012. If you started with a $10,000 trading account, our option picks could have made you 150% in January. In other words, a $10,000 account would be worth nearly $25,280 as we have gone 18-1. Our Weekly Wrap is off to a 7-0 start for the year.

    Here are some of our profitable recommendations: MSFT call options +124%, STX call options +100% in 2 weeks, 114% and 131% on 2 MGM call options trades in 3 weeks and 107% in AFL call options in 6 days. Some of our double-digit gains include +58% on WPRT calls, +80% on TSM and +38% on INT call options.

    Over the past 4 years we are averaging a 70% 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.

    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.”

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