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Posts Tagged ‘200-day moving average’

Wall Street Close to Panicking

Tuesday, April 8th, 2014

9:00am (EST)

“The Bears are who we thought they were!”

…Arizona Cardinals Head Coach Dennis Green

The pullback from Friday continued into Monday and may have been confirmation further weakness is ahead in the market.  We talked about the wiggle room the bulls had coming into the week and these levels were “stretched”, as the bears got some key closes below the second layers of support.

The current drama is being escalated by the talking heads but the overall picture is still a year-to-date trading range.  However, if the bears continue their reign, we are ready to join the attack as we have listed a number of ways to play a continued pullback. (Read more…)

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We have returned some incredible gains to start 2014 and continue to provide the BEST options trades in the business.  Take a look at these gains and get on board now to get instant updates:

Our top winning option recommendations in 2014 so far have been short of jaw-dropping to say the least:

+817% Galen Biopharma (GALE) call options

+250% World Wide Wrestling (WWE) calls

+183% Ariad Pharmaceuticals (ARIA) calls

+108% Galen Biopharma (GALE) calls (piggy-back trade)

+103% Aruba Networks (ARIA) call options

+82% WhiteWave Foods (WWAV) LEAP calls

+60% Ingersoll-Rand (IR) call options

+59% Philip Morris (PM) put options

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.   If you are new to options or have questions on our style of trading or subscriptions, give us a call to speak to a live trader during market hours.  .

Bears Growl, Bulls Hold 20-Day MA’s

Wednesday, December 4th, 2013

9:00am(EST)

While the Wall Street pros took an extended vacation, we knew putting in a half day’s work last Friday would pay off.  Since we LOVE what we do, watching and trading the market isn’t really work and we had fun as we listened to some office tunes and fiddled with our new xBox One.  Even better, the bears gave us just enough clues to prepare for a pullback.  This is one of the reasons we cover support and resistance every day and why we work every Sunday to stay one step ahead of the crowd.

The 20-Day MA’s have held up well since mid-October and haven’t been threatened – until yesterday.  Today will be an important test for the bulls and with Nonfarm Payrolls due out on Friday, there could be a major move forthcoming.  With everyone and their sister expecting a major pullback, the market is ripe for a selloff but the bulls have made fools of the short sellers all year long.

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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.   If you are new to options or have questions on our style of trading or subscriptions, give us a call to speak to a live trader during market hours.  Call us now at 804.349.4466.

 

MomentumOptionsTrading.com Weekly Wrap for 11/18/12

Sunday, November 18th, 2012

11:00pm (EST)

1.  Market Summary 

2.  Rosetta Stone (RST) – A Key to Understanding

3.  Earnings

4.  Weekly Wrap Portfolio Update 

5.  Week Ahead

(To view the charts, please log into the Members Area and go to the Weekly Wrap Premium section.  We are sorry for tonight’s delay but we wanted to cover everything before we went to press.)

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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 doing well 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 and is 24-0.  Together, we are 146-54 (73% win rate) for both newsletters and we doubt you will find a hotter options trading service.  

Our list of winners for 2012 include+475% on AXP,+462% on ARNA,+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.

Our Weekly Wrap Covered Call Portfolio is now 26-0 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.

Bulls Looking Weak as Bears Have Momentum

Monday, November 12th, 2012

9:00am (EST)

“There are plenty of signals to sift through on trying to figure out where the market could be headed over the short-term but the Presidential Election will be the heaviest weight that could sink or swim either side.  Like the election, there will be a loser and the trend could affect how the market trades for the rest of the year.

Economic news, earnings, and European headlines will be a risk and the headlines would seem to favor the bears going forward but it has been hard to count the bulls out all year long.  We are on the fence on which way the market is headed but we wouldn’t be surprised either way which direction the market takes from here.  The beauty is we could care less because our Portfolios are light and we like to play BOTH sides of the market and that gives us an edge over most investors and mutual fund managers.

When the market is going up, we favor call option trades.  When the market is going down, we use put options to play the downside.  We have outlined clear levels of support and resistance so we can relax a little until after the dust settles.  There will be plenty of time and plenty of trades to get into so let’s look at how this week could play out.

We have said there is a chance for a “Romney Rally” and we aren’t sure if we coined this term back in August but it is picking up steam.  There are different perceptions on which President is “better” for the stock market but the majority of investors and Wall Street believe an Obama win would be bullish.  We don’t.

To start, an Obama second-term could cause further division between the Republicans and Democrats and we doubt the Fiscal Cliff would get resolved by year-end, especially with the holidays coming up.  Romney has said he will solve these issues like he did when he was governor but stock market pundits believe if he gets rid of Ben Bernanke, the market will tank in 2013 because the Fed won’t be providing liquidity.

Our argument would be 12 million jobs like he promised and growing the economy at a much faster rate is better than doubling the national debt again which is what happened during Obama’s 4 years in the White House.  In case anyone has forgotten, the U.S. owes $16 trillion.  This is 16 plus 12 zeros, or $16,000,000,000,000, or a million millions.

The deficit is the single-most factor in deciding America’s future and Obama could push it to $20 trillion at his current rate.  Oh, and Obama wants to INCREASE capital gains tax.  Romney wants to eliminate them.  Right on.

We could go on and on about who could win, who should win, what could happen or what will happen but in our minds, we would rather have a President that has run businesses and balanced budgets instead of going down the current road towards socialism. 

As far as the technical picture, the indexes have held their 200-day MA’s except for Tech and all of them are having trouble clearing their 50-day MA’s.  It would be hard to imagine the Dow, S&P 500, and the Russell 2000 not falling below their 200-day MA’s simply because Tech has.  However, if this is the bottom, overall, it will be easy to say they held if there is a rally.  But that would be hindsight and that is why we feel a test below the 200-day MA’s will come over the near-term for all of the major indexes. 

If there isn’t, and the market rallies maybe we can thank Mitt because we do feel he will be better for the market, but more importantly, America.  If there is somehow a “tie” and lawyers get involved because the race is so tight, the market will suffer.

There has been one indicator, believe it or not, that has been incredibly accurate in picking the next President and has a 95% win rate.

We will leave you with what we call the Redskins Rule.  Since we live and work near the nation’s Capital, it is hard not to follow the NFL Washington Redskins (and politics) and the Redskins Rule is something we always watch every 4 years.  We weren’t around when the “indicator” started in 1940 mind you but it has an incredible accurate history of picking the next President.

Over the past 18 Washington Redskin’s HOME games before the Presidential election, the incumbent party (or the party that last won the popular vote) has won 17 of the times if the Redskins won.  If the Redskins lost their home game before the election, the challenging party has won (Romney).

The Redskins played on Sunday and were at home pagainst the Carolina Panthers.  The Redskins lost 13-21.  This will be a historic week to say the least as we could get a Redskin Ruling, a Romney Rally, or a Barrack Breakdown”.  (from 11/4/2012 Weekly Wrap/ Monday Morning Outlook)…

“Hail to Obama, hail victory, Democrats on the war path, fight for all D.C. – Theme song at the White House following Tuesday’s Presidential race…

The Redskin Rule was a fumble, there was a Romney Rally, but the devil was in the details as the market got the Barrack Breakdown.  The bears pushed support on Monday as the Dow held 13,000 and the S&P 500 1,400.  The bulls were able to rebound to start the week with a slight win which carried over into Tuesday.

The major indexes posted strong gains and cleared near-term resistance ahead of the Presidential Election but Tech looked weak and the closes were right at resistance.  We watched the race and the futures throughout the night and we warned of a major selloff on Sunday night.  Despite us being unhappy with the Head Zombie that got elected to serve America, we were extremely pleased with how the futures market was unfolding. 

Wednesday was a nasty day as the market fell 2.5%, on average, with the Dow closing below 13,000 and its 200-day Moving Average (MA) while the S&P finished below 1,400.  The index was able to hold it 200-day MA at 1,380 but this level fell on Thursday as the Dow and S&P 500 joined the Nasdaq in accomplishing this mission.

Friday was up for grabs and we figured there would be a bounce, and there was until Obama spoke, but the market barely held onto its gains and the next levels of support.

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MomentumOptionsTrading.com Weekly Wrap for 11/11/12

Sunday, November 11th, 2012

11:30pm (EST)

1.  Market Summary 

2.  LifeLock (LOCK) Announces Sweet Earnings

3.  Earnings

4.  Weekly Wrap Portfolio Update 

5.  Week Ahead

(To view the charts, please log into the Members Area and go to the Weekly Wrap Premium section.  We are sorry for tonight’s delay but we wanted to cover everything before we went to press.)

= = = = = = = = = = = = = = =  

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 doing well 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 and is 26-0.  Together, we are 144-50 (75% win rate) for both newsletters and we doubt you will find a hotter options trading service.  

Our list of winners for 2012 include+475% on AXP,+462% on ARNA,+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.

Our Weekly Wrap Covered Call Portfolio is now 26-0 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.

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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.

    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 2008-2012 Track Records by sending us an email or filling out the box below.

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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