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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!
Tags: binary options, call options, futures options, high beta stocks, Hot stocks, momentum options, Momentum stocks, option market, option tips, options, options mentoring, options trading, options trading course, 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 retur, stock market options, weekly options, what are options Posted in Trade Update, Weekly Wrap | Comments Off
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)
= = = = = = = = = = = = = = =
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!
Tags: blue-chip stocks, chicken option trade, chicken trade, momentum, momentum options, option mentoring, stock options trading advisors, straddle option trade Posted in Market Analysis, Market Commentary, Weekly Wrap | Comments Off
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)
= = = = = = = = = = = = = = =
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!
Tags: stock options trading advisors Posted in Weekly Wrap | Comments Off
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.
Tags: blue-chip stocks, chicken option trade, chicken trade, momentum, momentum options, option mentoring, stock options trading advisors, straddle option trade Posted in Earnings, IPOs, Market Analysis, Weekly Wrap | Comments Off
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!
Tags: binary options, call options, futures options, high beta stocks, Hot stocks, momentum options, Momentum stocks, option market, option tips, options, options mentoring, options trading, options trading course, stock market options, weekly options, what are options Posted in Covered Calls, Earnings, Weekly Wrap | Comments Off
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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)
= = = = = = = = = = = = = = =
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!
Tags: blue-chip stocks, chicken option trade, chicken trade, momentum, momentum options, option mentoring, stock options trading advisors, straddle option trade
Posted in Market Analysis, Market Commentary, Weekly Wrap | Comments Off