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MomentumOptionsTrading.com Weekly Wrap for 1/2/12

Monday, January 2nd, 2012

11:00pm (EST)

1.  Market Summary 

2.  Earnings 

3.  Weekly Wrap Portfolio Update 

4.  Week Ahead

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

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If you are not a subscriber but would like to read more and check our chart work for the Dow, S&P 500 and the Nasdaq please click here.  We are one of the fastest growing stock options trading advisors on the internet.  We offer powerful call and put option trades aimed at triple-digit returns for our Daily newsletter.  Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and finished 2011 with a 16-0 track record.  We have up to 6 double-digit return trades which could be closed this month if shares are “called-away”.  Sign-up now and receive access instantly!

 

MomentumOptionsTrading.com Weekly Wrap for 12/11/11

Sunday, December 11th, 2011

11:00pm (EST)

1.  Market Summary 

2.  Best Buy (BBY) – Several Buy Signals  

3.  Affymax (AFFY) – This Biotech Baby Could Get Bigger          

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)

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If you are not a subscriber but would like to read more and check our chart work for the Dow, S&P 500 and the Nasdaq please click here.  We are one of the fastest growing stock options trading advisors on the internet.  We offer powerful call and put option trades aimed at triple-digit returns for our Daily newsletter.  Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis.  Sign-up now and receive access instantly!

MomentumOptionsTrading.com Weekly Wrap for 12/4/11

Sunday, December 4th, 2011

11:00pm (EST)

 1.  Market Summary 

2.  CommVault Systems (CVLT) Could Vault Higher  

3.  Bottomline Technologies (EPAY) Appears to be Bottoming         

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)

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If you are not a subscriber but would like to read more and check our chart work for the Dow, S&P 500 and the Nasdaq please click here.  We are one of the fastest growing stock options trading advisors on the internet.  We offer powerful call and put option trades aimed at triple-digit returns for our Daily newsletter.  We have been right on 42-out-of 50 trades since August.  Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and is 15-0 for 2011.  Sign-up now and receive access instantly!

 

Bears Extend Winning Streak to Five

Wednesday, November 23rd, 2011

9:00am (EST)

Although it is November, it sure feels like August following the market’s recent slide which stretched to 5-straight sessions following Tuesday’s losses.  The bulls did have some momentum going into the second half of trading but lost their edge by the closing bell as worries over the Super Committee’s failure lingered throughout the session.  The bears, however, have to be a little disappointed they couldn’t crack support.

The Dow dropped 54 points, or 0.5%, to end at 11,494.  The index traded up to 11,571 but couldn’t clear 11,600.  Support held at 11,400 with the low coming in at 11,434.  The close below 11,500 wasn’t good though and could lead to a further test down to 11,350.

The S&P slipped 5 points, or 0.4%, to finish at 1,188.  The bulls couldn’t clear 1,200 while the bears failed to crack 1,175.  These two targets will be in play today.  If 1,175 fails, we can expect to see 1,150, quickly.

The Nasdaq gave back 2 points, or 0.1%, to settle at 2,521.  The dip below 2,500 is either a warning sign or a bottom but we have to respect the fact that 2,499 printed.  The bulls will target a finish above 2,550 but there could be further pressure down to 2,450, and possibly 2,350.   We currently have a put option in play on the Nasdaq which could do well on further weakness.

In earnings news, Pandora Media (P, $11.85, down $0.67) reported its first quarter as a public company and surprised Wall Street to some degree.  The company posted a profit of 2 cents a share on revenue of $75 million.  Analysts were looking for a loss of a penny on sales of $71.4 million.

Going forward, Pandora said its sees 4Q revenue of $80-$84 million while analysts have penciled-in $82 million.  This made the suit-and-ties a little skittish as shares fell another 4% in after-hours trading last night on top of the 5% they lost during the regular session.

Pandora shares made their debut on the NYSE in mid-June and traded to a high of $26 on the first day of trading before closing at $17.  The following day they closed just above $13 and by mid-September they had dipped to a low of $9.  It appears to be a promising young company but shares could test single-digits again.  

We talked about the market’s recent slide and compared it to what the bulls went through in early August.  The recent “correction” could continue for the rest of the week but we are getting so close to a massive rebound or a continued breakdown.  With a holiday shortened week, anything can happen, but out bet is the fireworks (volatility) will continue.

The day before and after Thanksgiving are usually bullish but historic patterns haven’t been kind to the bulls for November.

Futures are pointing towards another brutal open.  Dow futures are down 115 points while the S&P futures are lower by 11 points.  Nasdaq futures are showing a drop of 20 points.      

We will be releasing 4 NEW TRADES for our Weekly Wrap this morning shortly after the open so stay alert for an update sometime before noon.  Also, we may add another trade to the Daily with one on our Watch List.  Call options have been beaten up pretty bad during the market’s recent skid and we see some low-hanging fruit dying to be picked.  We also see some put options that could do well if the indexes continue to Tom Petty.

Subscribers, check the Members Area for the updates. 

Bears Flinch, Lose Grip

Friday, October 21st, 2011

1:00pm (EST) 

Sometimes it is hard to go against the crowd even though what they are seeing can be believable.  If you join the crowd, then you can say you were right or wrong with a lot of other people when something does or doesn’t work out but it won’t get you noticed or make you money.  If you are wrong, you can look like an idiot, and the crowd will let you know.  However, if you go against the crowd and you are right, then you look like a genius, but more importantly, you can make a lot of money.

When it comes to the stock market, it is important sometimes to not always follow the crowd, or in this case, the talking heads and the Wall Street analysts.  Most of them don’t do homework, don’t read charts, and will flip-flop their statements on if the market or a stock is headed higher or lower.  Nearly everyone was calling for a pullback this week but we just didn’t see it.  Most of the clues we have been going over in our Weekly Wrap have been spot on and our homework continues to pay off.

The price action today has been beautiful which has helped the bulls regain their footing as the push our upper-end targets we outlined on Sunday night/ Monday morning.

Here were the week’s starting numbers followed by our targets and the current scorecard:  Dow 11,644, S&P 1,224, Nasdaq 2,661.  We said to watch for Dow 11,800; S&P 1,250 and Nasdaq 2,650-2,700.

Currently, the Dow is higher by 215 points to 11,757 while the S&P 500 is up 20 points to 1,235.  The Nasdaq is showing a pop of 40 points and is at 2,638.  Tech still has a little work to do but the market looks as though it will stay strong into the closing bell.  We can’t call it much better than that, folks.

We also wanted to remind our Weekly Wrap subscribers that we will probably get “called away” from 3 more of our current trades today, possibly 4.  This brings our 2011 Covered Call track record to a perfect 12-0 and today’s winners include Ford Motor (F, $12.15, up $0.45), Rambus (RMBS, $16.92, up $0.73) and Symantec (SYMC, $18.31, up $0.37).  The returns are 7%, 16% and 4%, respectively.

The Weekly Wrap trades are what we consider “couch potato” investing, meaning, there isn’t a lot of watching that needs to be done.  We look for strong companies that trade in a defined range or ones showing a lot of momentum.  In addition to our 2 recent W’s, our subscribers have also cashed out gains for VVUS +18%, DNDN +9%, PCX +13%, SGEN +26%, TIVO +34%, REDF +11%, PCX +7%, GE +5% and CLNE +13%.

We will be back Sunday night, with the Weekly Wrap, and as we move closer towards the end of the month and into November, we continue to see explosive opportunities for option trades.  We will also be doing a video, either this weekend or next, to show you more on how to read the market and charts.  We will also show you some trades to consider as LEAPs for next year. 

Remember, if you sign-up for a 1-year membership to either our Daily publication or our Weekly, you will receive a copy of our trading manual, How to Trade Options on Momentum Stocks, along with access to our ongoing videos.  This is an $895 value that will cost you nothing just for making the dedication to become a better options trader.  Shipping is also on the house.  The yearly price saves you over 30% off our monthly membership.  To read more about our option trading course, click here

We are currently working on a 17-trade win streak for our Daily and we are 12-0 for our Weekly Wrap trades.  If you are not a subscriber, you can email our support team to request our current closed trades Track Records. 

Again, we will be back Sunday night with our next update so take us up on our 1-year deal.  Until then, have an awesome weekend, everyone!  

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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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