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Bulls Snap Losing Streak

Thursday, April 12th, 2012

9:00am (EST)

The bulls got back in the win column on Wednesday after 5 days of heavy selling pressure which pushed the major index lower by 4%. The talking heads were pointing towards Alcoa (AA, $9.90, up $0.58) as being a “catalyst” for the rebound after the company beat Wall Street’s estimates. Really?

This is exactly why we call them “talking heads” because Alcoa accounts for less than 1% of the weighted Dow 30 stocks. In other words, Alcoa was responsible for maybe a point of the Dow’s nearly triple-digit gain yesterday.

We can point to Spain’s bonds falling below 6% which was one of the reasons for the selloff as one of the catalysts for yesterday’s bounce, or better-than-expected economic news. However, we are chartists and after a 4% decline and two waves of support tested, it was time for a small rebound.

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If you are not a subscriber but would like to read more please click here. We closed 6 more winning trades yesterday which gets our 2012 Track Record to 67-13 (84% win percentage) that includes 13 triple-digit winners with gains of up to 400+%! One more time…80 trades, 67 big money option winners.

Tags: AA, big money options, call option trading
Posted in Earnings, Market Analysis, Market Commentary | Comments Off

April Starts With An Apple (AAPL) Bang

Tuesday, April 3rd, 2012

9:00am (EST)

The bears had a slight edge going into Monday’s session as negative news from overseas weighed on Wall Street. The bulls were roaming on Sunday night as futures were up which lead us to believe Monday would be an up day despite the fact the indexes opened lower. We said in our Weekly Wrap and Monday Morning Outlook that we expect one last push towards our “fluff” targets and yesterday pop past resistance puts us halfway there.

The Dow gained 52 points, or 0.4%, to end at 13,264. The blue-chips made a triple-digit bounce off the low of 13,153 and traded to a high of 13,297. Our near-term target from January has been 13,500 which is only a 2% move from current levels. Support remains 13,200-13,000. Dow component, Alcoa (AA, $10.17, up $0.15) was up nearly 2% and will kick-off 1Q earnings season next Tuesday.

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If you are not a subscriber but would like to read more please click here. We have some super cool charts to show you today on the S&P 500 and Lululemon Athletica (LULU, $74.74, up $0.01). This week and next could offer big clues on if the rally continues or if the bulls are in for a big surprise.

Tags: AA, Alcoa Earnings, Apple, LULU options, LULU stock price, stock options trading advisors
Posted in Apple, Earnings | Comments Off

Big Week For Bulls, What’s Next?

Friday, March 16th, 2012

12:55pm (EST)

Tomorrow is St. Patty’s Day and the bulls are trying to add some more green to this week’s gains. We have a lot to cover so let’s go over the numbers real quick.

The Dow is up 2 points to 13,255 while the S&P is higher by 2 points to 1,404. The Nasdaq is also up 2 points to 3,059. Maybe we should play 222 as a “pick 3” today as hot as we have been.

Here is a quick update for our portfolios.

This week has been one of our best week’s ever for the Daily publication. We are currently nursing open trades of 428%, 308%, and 118% to go along with the 35 winning trades we have closed for 2012.

We have been able to turn a $10,000 trading account into over $40,000 which is a return of over 300%. We seriously doubt any other option newsletter can match our results so far this year.

Not only have we had an incredible week for our Daily newsletter, our Weekly Wrap quietly continues to perform beyond our wildest expectations. We are on track to close up to 7 double-digit winners by the closing bell as the March options expire today. Take a look at the profits that could be coming our way if shares hold above the current strike price on the options we have sold.

magicJack VocalTec (CALL, $25.19, up $1.00) +19%

Bank of America (BAC, $9.58, up $0.34) +20%

Vivus (VVUS, $20.34, up $0.20) +38%

Alcoa (AA, $10.56, up $0.21) +17%

Symantec (SYMC, $18.11, down $0.09) +16%

Solazyme (SZYM, $15.66, down $0.19) +55%

MGM Resorts (MGM, $14.44, down $0.27) +13%

This will bring our 2012 Closed Trades for the Weekly Wrap to 19-0. If we include last year’s 16-0 mark, we could be 35-0 since started the newsletter a little over a year ago. Remember, our goal is to bring you solid double-digit profits every month with this publication no matter what the market is doing. If you can hit 5 winning trades for 20% or more you will double your money. The aforementioned covered call winners would have done just that for you.

We will give you our full track record this weekend as we are squaring-up a number of positions today. We did take a few hits on a few aggressive earnings trades but overall we should be 55-10 thru the first 3 months of 2012. Please note, and this is super important, we do not count half or quarter winning trades 2, 3, and 4 times. There are many option services that do this. If we did, our track record would be 85-10.

Other newsletters will also double down and tell you to buy more of a position if it is down and then they will average their cost down. However, if the trade is a loser, they will only count it once.

The bottom line is that most investment newsletters don’t have a track record because they give you so many trades hoping to hit on a few and they don’t trade their own account. They brag about the winners but won’t mention the losers.

We have auto-trading partners which verify our results and you can always request our current 2012 Track record by sending us an email if you are not a current subscriber.

Our reputation is built on trust and all of our trades are done in real time and are time dated. Our auto-trading partners get great fill prices on all of our trades for your account and your order is placed the instant our Trade Alerts go out. If you are a busy professional and can’t watch the market all day long, let our brokers do the work for you.

The reason we are telling you all of this is because we have been tired of listening to the Wall Street “pros” and talking heads that have gotten this market wrong and when it does crash they will tell you they were right. However, if and when there is a selloff, don’t get nervous. Remember, we can make just as much money to the downside as we can the upside. Just take a look at our 2008 portfolio, especially some of the returns on the Financial stock option trades.

We have a busy weekend ahead of us but the good news is our portfolio is light for both our Daily and Weekly Wrap which means we are ready to start our next batch of 50 trades. We will let the charts tell us which way the market is headed instead of trying to guess and wait for a pullback. The trend has been higher since the August lows and we have outlined clear support levels to watch for if there is a trend change. Until then, the trend is our friend.

We will be back Sunday night with the Weekly Wrap and we have updated our current trades one last time. Until then, have a great weekend everyone!

(Remember, we just ran a special for our Weekly Wrap so if you would like a 3-month trial at a 50% discount, please send us an email.)

Tags: AA, bac, CALL, Covered Calls, VVUS
Posted in Covered Calls, Hot Stocks, Money Management, Option Trades | Comments Off

Can’t Keep a Good Bull Down

Tuesday, January 10th, 2012

9:00am (EST)

The bears tried their best to keep the bulls underwater but the market continued to bounce off its lows into the second half of trading to finish in positive territory on Monday. Sentiment improved once the European markets closed and we face a few obstacles this week with some of their debt offerings but the market got off to a good start with Wall Street clearly focused on 4Q earnings.

The Dow added 33 points to close at 12,392 but reached a high of 12,409 which was all we were looking for after the open. The S&P 500 gained 3 points to end at 1,280 and kissed 1,282 on the cheek while the Nasdaq chipped-in with a 2 point pop to finish at 2,676.

We had some sweet pin action yesterday with a few of our trades and we have been giving you some nice option tips to start 2012 to get you on board. There are a lot of traders waiting for a pullback because we told you many of them took the last 2 weeks off in December and now they are trying to play catch up.

The Nasdaq jumped 43 points on the first day back to close at 2,648 and we said if Tech got over 2,650 things could get exciting. The close above 2,675 means the suit-and-ties and professional money managers have already missed 3% to the upside and could be chasing if the index breaks 2,700.

Alcoa (AA, $9.43, up $0.27) said some good things last night after the bell despite posting a loss for the quarter – its first in nearly a year – on lower aluminum prices. The company reported red ink of $191 million, or 18 cents a share, versus last year’s profit of $258 million, or 24 cents a share. Aluminum prices were down 12% in the fourth-quarter and nearly 30% from its April 2011 peak which hurt Alcoa to some degree.

The devil-in-the-details is that Alcoa took a one-time charge of nearly $160 million to shut-down some of its smelting operations which will help the bottom line over the long-haul. Otherwise, Alcoa would have checked in with a loss of 3 cents a share. Analysts had forecast a loss of 2 pennies a share.

The company did beat on revenue estimates, $6 billion versus a forecast for $5.7 billion, which was the best part. Alcoa also said global demand should grow by 7% this year which was ahead of the 6.5% that had been projected. In early action, shares are up 32 cents to $9.75.

Futures are showing a BIG open and look like this: Dow (+119), S&P (+14), Nasdaq (+24).

We will likely have another busy morning so stay on your toes for possible Profit Alerts or New Trades if our targets are hit or we see something else we like.

Subscribers, check the Members Area for the updates.

Tags: AA, Alcoa Earnings, Nasdaq, option tips
Posted in Earnings, Market Analysis | Comments Off

Fastenal (FAST) Falls Back, FOMC Minutes Due

Tuesday, July 12th, 2011

12:40pm (EST)

The bulls were struggling to keep losses in check this morning but have gathered some momentum heading into the second half of trading as they try to make up for lost ground over the past few sessions. There has been strong support at the 50-day moving averages for the major indexes and these levels appear to be holding at the moment.

Economic news has been light with the U.S Trade Balance coming in at $50 billion versus estimates for a deficit of $44 billion. The surge in the trade deficit can be blamed on higher oil imports (and prices) but comes as no surprise. Although this number should improve in the coming months, chalk it up as a disappointment.

Later today, the FOMC’s minutes could provide a catalyst for either the bull or bears, depending on the wording, and will be released at 2pm (right coast time).

Turning to earnings, Fastenal (FAST, $34.92, down $1.08) is trading lower despite beating Wall Street’s expectations. The company reported earnings of $94 million, or $0.32 a share, on revenue of $702 million. The suit-and-ties were expecting profits of $0.30 a share on revenue of $688 million.

After Monday’s close, Fastenal announced a quarterly cash dividend of $0.13 a share and is on track to pay $0.51 a share for 2011 giving the stock a 1.4% yield based on current prices.

We listed Fastenal as a possible earnings trade in our Weekly Wrap but the company had missed in four of the last eight quarter so we weren’t sure on the direction. We did a big write-up on the company in our July 4 issue and said shares could fall to $34 which is where we would consider it a “Buy” as far as a quick trade. However, we still don’t like the options on the stock with resistance at $38.

As we head to press, the Dow is up 10 points to 12,516 while the S&P is higher by a point to 1,320. The Nasdaq is trying to join the party but is 9 steps back at 2,793.

It is still a coin toss on if the market remains in a trading range or breaks to new highs (or new lows). The Dow futures were down triple-digits this morning but turned on a dime on less-than-stellar headlines. Perhaps the market is thinking the same thing we are thinking which we talk more about in our Members Area.

Subscribers, check for the updates.

Tags: AA, Alcoa, binary options, call options, FAST, FAstenal earnings, 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 Company Commentary, Earnings, Market Analysis | Comments Off

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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.

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.

Posts Tagged ‘AA’

Bulls Snap Losing Streak

April Starts With An Apple (AAPL) Bang

Big Week For Bulls, What’s Next?

Can’t Keep a Good Bull Down

Fastenal (FAST) Falls Back, FOMC Minutes Due