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Archive for the ‘Politics’ Category

Zombies Remain Divided As Government Shuts Down

Tuesday, October 1st, 2013

9:00am (EST)

The market finished lower on Monday as the world awaited to see if there would be a US government shutdown while the bears pushed another wave of support.  The shenanigans lasted well into the night but before we get into the political picture, let’s go over the numbers

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If you are not a subscriber but would like to get more, real-time trades, please click here.  We are one of the fastest growing stock options trading advisors on the internet.  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.

 

Our 10 biggest winning recommendations in 2013 have been:

 

+364% JC Penney (JCP) put options

+201% Salesforce.com (CRM) call options

+104% Adobe Systems (ADBE) calls

+83% Caterpillar (CAT) put options

+206% Goodyear Tire (GT) calls

+146% Goodyear Tire (GT) calls

+80% Financial Spiders (XLF) calls

+108% Beam (BEAM) call options

+263% Regeneron (REGN) calls

+300% Solazyme (SZYM) calls

+173% Big 5 Sporting (BGFV) calls

+140% SolarCity (SZYM) call options

Countdown to Shutdown/ Profit Alert (DMND)!!!

Monday, September 30th, 2013

1:25pm (EST)

The charts we drew up over the weekend were showing a continued pullback and the downside targets we gave you came into play on this morning’s open.  There has been a little bounce off the lows but it appears as though the bulls will continue their Monday/ Friday losing streak.

For those of you just joining us over the last few weeks, please remember to login to the Members Area on Sunday nights/ Monday morning to see all of our chart work.  One of the main reasons we are able to keep our emotions in check is because we trust our chart work and we don’t follow the herd.

We use a number of simple, easy to understand technical indicators and channels to get a snapshot of where the market is headed over the next week, month or possible year and for those that have been with us over the years know we have done a tremendous job in calling the market’s direction.  Our goal is to teach you to see the market the way we do so when days like this arrive, we know what is going on.

Although we do have some open trades, it is a little early to take a New Trade today because the bulls held support and we haven’t got confirmation yet on if there will be a further decline or a run back to new highs come tomorrow morning.

The zombies continue to drag their feet as the Democrats aren’t planning to come to work for another hour or so.  The Republicans need 5 of them to jump the fence in hopes of getting their weekend proposal bill passed but that seems unlikely.  If there is no agreement, it will be the first government shutdown in 17 years.

We aren’t sure which side will turn into a pumpkin come midnight but the dance for Cinderella is coming to a close.

As we head to press, the Dow is down 79 points to 15,179 while the S&P 500 is lower by 5 points to 1,686.  The Nasdaq is declining a point to 3,781 and is holding 3,775.  The Russell 2000 is off by 2 points to 1,072.

We have some updates for our open trades, including another Profit Alert, so let’s hit the Members Area.  We will be back in the morning with a full report and we expect to be busy with possible New Trades and/ or additional Profit Alerts.

Bears Breaking Bad

Monday, September 30th, 2013

9:00am (EST)

The market started the week off with a loss following the run to fresh highs the prior week and continued pulling back thru Wednesday’s session.  Thursday’s rebound still had the bulls down for the week but Tech and the small-caps were showing strength as the zombies played hot potato over the budget bill.  It was a short-lived rally as the market fell on Friday and braced for a government shutdown that could start at midnight on Monday if no deal is reached.

The Dow fell 70 points, or 0.5%, to finish at 15,258 on Friday.  The blue-chips came into the week needing to hold 15,400-15,350 or faced risk of a drop down to 15,200 and a test of the 100-day MA if they didn’t.  The bulls held the first wave of support  on Monday’s pullback but the selling pressure continued through Wednesday as the bears cracked the 50-day MA.  Thursday’s rebound to resistance (15,400) was right on cue before Friday’s low of 15,211.  The 100-day MA held into the close but a break below 15,200 should get 15,000-14,800 in play.  A positive Monday and close back above 15,350-15,400 would be bullish for another test to 15,500-15,600.  For the week, the Dow was down 193 points, or 1.3%, after starting at 15,451. For the year, the blue-chips have up 2,154 points, or 16.4%

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If you are not a subscriber but would like to get more, real-time trades, please click here.  We are one of the fastest growing stock options trading advisors on the internet.  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.

 

Our 10 biggest winning recommendations in 2013 have been:

 

+364% JC Penney (JCP) put options

+201% Salesforce.com (CRM) call options

+104% Adobe Systems (ADBE) calls

+83% Caterpillar (CAT) put options

+206% Goodyear Tire (GT) calls

+146% Goodyear Tire (GT) calls

+80% Financial Spiders (XLF) calls

+108% Beam (BEAM) call options

+263% Regeneron (REGN) calls

+300% Solazyme (SZYM) calls

+173% Big 5 Sporting (BGFV) calls

+140% SolarCity (SZYM) call options

Another Push to Resistance/ New Trade!!!

Wednesday, September 4th, 2013

11:45am (EST)

The bulls are making another push higher and are once again pushing the first waves of resistance but as we have seen lately, it’s the close that matters.

There has been some geopolitical rhetoric this morning as the President is over in Switzerland trying to convince the world why the U.S. needs to strike Syria.  Obama said he wasn’t the one that drew the red line and that it was all of us but we would rather focus on the technical picture than the political picture.  While we do hope things end peacefully with Syria we cannot control on if there will be a strike or not but we can control our investments.

We are still trading “light” as we remain in the trading ranges and we have another Profit Alert today on a trade that banked our subscribers 200%.  We also have a New Trade we are getting into so let’s get on it and a few comments on a trade on hold.

As we head to press, the Dow is up 80 points to 14,914 while the S&P 500 is higher by 11 points to 1,650.  The Nasdaq is gaining 29 points and is at 3,641 while the Russell 2000 is advancing 7 points to 1,023.

Subscribers, check the Members Area for the updates and New Trade and stay locked-and-loaded as we could have a New Trade or 2 for our Weekly Wrap as well.

Bulls Making a Push, New Trade (CRM)!!!

Monday, August 26th, 2013

1:30pm (EST)

The bulls had a number of headwinds facing them ahead of the open this morning but have brushed aside geopolitical tensions and some terrible economic news to push the market higher as we head into the second half of trading.

Durable Goods were released an hour before the open and shocked Wall Street after falling 7.3% in July, well short of an expected 4% drop.  This follows a 3.9% increase in June (revised lower from 4.2%).

In case you haven’t heard, the United States is preparing for a strike on Syria as 4 warships have been staged in the Mediterranean Sea in response to the chemical attack that killed over 1,300 people.

President Obama called in his top zombies over the weekend to discuss the situation and most experts are predicting a cruise missile attack is nearly certain.  Russia has warned the U.S. stay out of the affair and there is no love lost between Obama and Putin.  Stay tuned.

We mentioned the importance of the bulls finishing in the green today but the gains have been limited so watch the final hour of trading.

The Dow is up 27 points to 15,038 while the S&P 500 is higher by 4 points to 1,667.  The Nasdaq is advancing 24 points to 3,682 and the Russell 2000 has cleared 1,040 as the small-caps are up 5 points to 1,043.

We have a NEW TRADE we are getting into so we have to roll.  Subscribers, check the members Area for the updates and use limit orders to get the best fills.

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    The portfolios can be found in the Members Area as well as past portfolios from 2008-2011. Overall, we are 621-273 on nearly 900 real-time recommendations that equals a success rate of 70%. This means, on average, 7-out-of-10 of our option trade recommendations make you money and we hope to have an even better success rate for 2013.

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Trader Comments:
    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. REGINA L.

    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. STEVE T.

    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. SCOTT H.

    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 PETER G.

    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. LAWRENCE O.

    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! C.J.

    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! SHAUN

    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. MICHAEL K.

    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!
    PARAG P.

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

    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. MIKE

    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. TRISH D.

    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! MIN L.

    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! JOE G.

    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. GREG F.

    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. NOEL

    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. TODD F.

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

    “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. :) ” NOEL

    “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.” CHRISTIAN

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

    “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.” CHARLES M.

    “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.” BRYAN C.

    “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.” JOHN H.

    “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.” JEFFREY

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

    “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.” GREG

    “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.” KEN

    “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.” GARETT

    “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.” TERENCE

    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.

    Hi Rick,

    Wow!! my account it up 70% since i joined last month and market is going the opposite direction. Really appreciate your service. I just wanted to drop a note to say THANK YOU. Hope to be with you guys for a very long time. Mel

    Rick,

    Great call on Fosl I bought the may 120 puts for 3.70 yesterday morning just sold for $32.00 today
    Keep up the great work
    Thank you, Henri

    Rick –

    I bought 10 Deckers Outdoor (DECK) May 55 puts at $0.50 on 4/26/12 and sold them on 4/27/12 for $1.65. I made $1150 in one day. Thanks. I knew something good would happen sooner or later.
    HOW THE HECK did you know Green Mountain Coffee (GMCR) was going to go down 20 points???!!!! I bought 10 of the May 35 puts at $0.49 and then 5 more at .30. I sold them at 5.80. Thank you again.
    You have made a believer out of me. Alan

    Rick –
    I have only been a member for about 6 weeks but I have done well on most of the trades. My first two were QQQ and SPY a month ago and since then I've gotten into the groove and been doing well.
    I try to execute the trades that you recommend as soon as you send them out, sometimes I can't and I miss the Entry price. However, sometimes when I miss the Entry, the price goes down and I get a better price.
    That's exactly what happened with GMCR.
    You recommended it at around $.81 I think, but by the time I got to it, the price was $.27. I bought 100 Puts on Wednesday May 2, 2012 and sold half of them 24 hours later at $5.95 for a nice 2,203% gain. As per your recommendation, as GMCR went above $30 I sold the remaining 50 Puts at $5.50 for a slightly less 2,037% gain.
    On average that one trade netted me a 2,120% gain, entirely based on YOUR recommendation (and a little bit of luck). To put this in real terms, I risked $2,700 on Wednesday and pocketed $54,550 just 24 hours later.
    So uhh, let's do that again real soon!!
    Feel free to use my name. The tax guys have me on speed-dial already anyway. Dennis

    Rick:
    That was awesome on your GMCR pick, I know how risky it can been holding into earnings but you pulled it off. 
    I just started my autotrading with you today and am in on your QQQ play. I look forward this service. 
    I have a busy career and I have tried to follow and trade throughout the day and found it too hard. I hope you continue to have a great year, I plan to go along for the ride. I am starting slow but will pile more in once I have secured some profits. 
    Keep up the good work your trading has been spot on. I am sure you paid your dues to get this point in your career. Anthony

    Rick:

    Great call on GMCR!  I have been trading for about 15 years actively.  This may be the best trade I ever made.  Got in on Monday, April 30 and the stock was up from when you recommended it.  It went up further after I got in.  Here are the facts:
    Monday, April 30th: Bought 15 June 37's at $1.25= $1900 approx
    Thursday, May 3rd: Sold 15 June 37's at $9.30=$13,950
    Gain for the week: $12,050.
    I understand you will not get them all right.  It’s important to ride those winners and as you could tell from my selling price, I sold when the stock went to $28.10, so left a little on the table.  Who can complain.
    Keep the suggestions coming, looking for another jump on your FSLR, one that I have been riding very hard.
    Best regards, Bob
      

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