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Tuesday, September 4th, 2012
9:00am (EST)
“The market has another week of August before September rolls around and it is usually the most bearish month of the year according to the history books. August also has some bearishness to it but so far the market is up for the month. Last week’s charts for the major indexes and the VIX showed an almost certain test to the 52-week highs and while the S&P 500 technically cleared this level, there was no “fluff” to new highs.
A pullback following a test of the 52-week high is a normal market or stock reaction. The current market is so technical and is falling right on the support and resistance lines we have outlined that we should get a really good read on a possible breakout or breakdown. We went on record last week and said the market could move 5% in September and 10% by year-end up or down depending on the headlines.
The targets we gave were Dow 14,000 or 12,600 in September followed by 14,500-14,600 or 12,000 by year-end. The S&P could be at 1,500 or 1,350 next month which would lead to 1,550 or 1,275 by Thanksgiving/ Christmas. The Nasdaq could push 3,225-3,250 or 2,925-2,900 in September and then 3,375-3,400 or 2,800-2,775 on continued strength or weakness.
There will be a ton of speculation on what Ben Bernanke might or might not do or say this Friday and over the weekend when the central bankers get together in Jackson Hole. The zombies still seem split on if another round of quantitative easing will really work and we have said how the Fed only has one bullet left.
People seem to forget that extending “Operation Twist” and the extended bond buying before that by the Fed was actually QE3 and QE4 so any new stimulus by our count would be QE5. Nothing is working and the comments from James Bullard last Thursday, a member of the FOMC, rehashed how little impact these programs have had. Yes, the first QE worked well most would agree but the real problem is the world governments want growth but growth is slowing and consumers are cutting back.
Perhaps a “saving of the euro” and another round of QE will take the market to new highs but there are so many storm clouds ahead that it is imperative we keep our eyes on the road and our hands upon the wheel. We will continue to roll with the bulls and have a real good time but be ready for a trend change if Big Ben lets the market down and Europe kicks the can off the road and into a ditch.” (from 8/26/2012 Weekly Wrap/ Monday Morning Outlook)…
The bears had the weekly edge heading into Friday’s “Black Hole” as the Dow was down 158 points; the S&P 500 a dirty dozen; and the Nasdaq was off by a hand of blackjack. The support targets we gave last week held like a rock and Friday’s rebound was a direct result of Ben Bernanke promising more quantitative easing. Although it wasn’t enough to win the week, the bulls won August and could have a September to remember if Europe delivers some good news this week. (continued…)
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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 offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter. Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis. Together, we are 121-36 for 2012 which is a 77% win rate for all of our trade recommendations.
Our list of winners also include+576% on GMCR,+475% on AXP, +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 average trade recommendation usually last 3 weeks or less and we have closed some trades in as little as 24 hours. We target triple-digit returns for all of our option picks for the Daily and double-digit returns for the Weekly Wrap. We are excited about the back half of the year and a possible break out of the recent trading range.
If you are not yet a subscriber, come see why jaws are dropping for those who follow Wall Street and options trading.
Tags: AFL, AXP, blue-chip stocks, chicken option trade, chicken trade, fslr, GMCR options, momentum, momentum options, MSFT, option mentoring, stock options trading advisors, straddle option trade
Posted in European Union (EU), Market Analysis, Market Commentary, Option Trades | Comments Off
Wednesday, June 6th, 2012
9:00am (EST)
The bulls put in another good day’s work on Tuesday and were able to sustain current support levels despite another bear rush at the open. Yesterday’s action was still choppy but Wall Street managed to turn higher once the suit-and-ties got back from lunch.
The Dow gained 26 points, or 0.2%, to finish at 12,127. The low for the day was 12,072 but the blue-chips managed a high of 12,147 and are still gunning for a close above 12,200. Tuesday’s low was higher than Monday’s test down to 12,035 but the bears haven’t given up on cracking the 12,000 level.
The S&P 500 added 7 points, or 0.6%, to close at 1,285.50. The index dipped just below the 1,275 level to 1,274.16 but was able to bounce off the lows to reach a high of 1,287.62. The 200-day MA (moving average) is at 1285.68 which shows just how close the index is to breaking out to 1,300+, or breaking down to 1,250 or worse. (Read more…)
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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 off to a unprecedented start 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. Together, we are 97-20 and we doubt you will find a hotter newsletter.
Our list of winners also include +576% on GMCR, +475% on AXP, +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. In other words, these solid gains could have turned your $10,000 trading account into nearly $82,000 for a 720% return using our recommendations. Wow! Our auto-trading partners verify our results so if you are a busy professional and work during market hours, they can do the trading for your account!
Tags: AFL, binary options, call options, COF, fslr, futures options, high beta stocks, Hot stocks, momentum options, Momentum stocks, MSFT, option market, option tips, options, options mentoring, options trading, options trading course, SGMS, stock market options, STX, weekly options, what are options
Posted in Market Analysis | Comments Off
Wednesday, April 11th, 2012
9:00am (EST)
The bears continued with their winning ways as they turned a snowball into an avalanche to bury the bulls by the close. The market struggled early and often on Tuesday as the major indexes fell nearly 2% and below another layer of support. The charts we have been showing you for the past few weeks have been spot on and yesterday’s plunge was a beautiful thing for our current portfolio which is loaded with put options.
***********************
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 off to a powerful start 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 MONTHLY double-digit gains for our Weekly Wrap. Our 2012 Track Record is now an incredible 61-13 as of early April with 12 triple-digit winners and another 9 trades that returned 75% or more, on average.
Our list of winners include +475% on AXP, +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. In other words, these solid gains could have turned a $10,000 trading account into $49,000 for a 390% return using our recommendations.
Tags: AFL, AXP, fslr, MGM, Stock Market Weekly Wrap, stock options trading advisors, TSM
Posted in Market Analysis, Market Commentary, Trade Update, Trading Psychology | Comments Off
Friday, January 27th, 2012
1:15pm (EST)
We said no Greece deal would weigh on the market this week and perhaps keep the reins on the bulls. If the closing bell sounded right now, the week would end mixed with Tech showing the only positive finish.
The Dow came into the week at 12,720 and is at 12,646, down 88 points.
The S&P 500 started Monday at 1,315 and is currently down 5 points to 1,313.
The Nasdaq began the week at 2,786 and is at 2,808, up 3 points.
Over a quarter of the S&P 500 companies have announced earnings this week and next week marks the height of the season before we start tapering off. Some of the companies we will be watching like a hawk next week include Aflac (AFL, $48.70, down $0.08), Amazon.Com (AMZN, $195.20, up $1.88), Broadcom (BRCM, $35.20, down $0.09) and United Parcel Service (UPS, $75.98, up $0.14) on Tuesday.
Wednesday, Chipotle Mexican Grill (CMG, $364.80, down $1.01), Electronic Arts (EA, $17.91, up $0.25), Green Mountain Coffee Roasters (GMCR, $52.61, up $3.27), Hershey (HSY, $61.37, down $0.16), Las Vegas Sands (LVS, $49.22, up $0.25) and Qualcomm (QCOM, $57.62, down $0.20) will announce their quarterly results.
Thursday and Friday will also feature some companies of interest and these are some of the main stocks we actively follow just to name a dozen or so.
We continue to chuckle when we hear that stock picking is a lost art, which we have heard for the last 3 months. We must be doing something good to hit 17-out-of-18 wininng trades to start the year for our Daily and to go 23-0 over the last 13 months for our Weekly Wrap covered call trade Portfilios.
We have some last minute updates to the 2 new trades we added this morning as we have added our exit targets. Let’s go see where we are at inside the Members Area.
January has been incredibly good to us and we will cover the charts for the indexes and our current trades on Sunday night in our Weekly Wrap and Monday morning for the Daily. We have a busy weekend of homework but it isn’t “work” because we have been banking profits all month long. Until then, have a great weekend everyone!
Tags: AFL, AMZN, CMG, dndn, EA, GMCR, HSY, LVS, QCOM, UPS
Posted in Earnings, Market Analysis, Market Commentary | Comments Off
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All Eyes on Europe
Tuesday, September 4th, 2012
9:00am (EST)
“The market has another week of August before September rolls around and it is usually the most bearish month of the year according to the history books. August also has some bearishness to it but so far the market is up for the month. Last week’s charts for the major indexes and the VIX showed an almost certain test to the 52-week highs and while the S&P 500 technically cleared this level, there was no “fluff” to new highs.
A pullback following a test of the 52-week high is a normal market or stock reaction. The current market is so technical and is falling right on the support and resistance lines we have outlined that we should get a really good read on a possible breakout or breakdown. We went on record last week and said the market could move 5% in September and 10% by year-end up or down depending on the headlines.
The targets we gave were Dow 14,000 or 12,600 in September followed by 14,500-14,600 or 12,000 by year-end. The S&P could be at 1,500 or 1,350 next month which would lead to 1,550 or 1,275 by Thanksgiving/ Christmas. The Nasdaq could push 3,225-3,250 or 2,925-2,900 in September and then 3,375-3,400 or 2,800-2,775 on continued strength or weakness.
There will be a ton of speculation on what Ben Bernanke might or might not do or say this Friday and over the weekend when the central bankers get together in Jackson Hole. The zombies still seem split on if another round of quantitative easing will really work and we have said how the Fed only has one bullet left.
People seem to forget that extending “Operation Twist” and the extended bond buying before that by the Fed was actually QE3 and QE4 so any new stimulus by our count would be QE5. Nothing is working and the comments from James Bullard last Thursday, a member of the FOMC, rehashed how little impact these programs have had. Yes, the first QE worked well most would agree but the real problem is the world governments want growth but growth is slowing and consumers are cutting back.
Perhaps a “saving of the euro” and another round of QE will take the market to new highs but there are so many storm clouds ahead that it is imperative we keep our eyes on the road and our hands upon the wheel. We will continue to roll with the bulls and have a real good time but be ready for a trend change if Big Ben lets the market down and Europe kicks the can off the road and into a ditch.” (from 8/26/2012 Weekly Wrap/ Monday Morning Outlook)…
The bears had the weekly edge heading into Friday’s “Black Hole” as the Dow was down 158 points; the S&P 500 a dirty dozen; and the Nasdaq was off by a hand of blackjack. The support targets we gave last week held like a rock and Friday’s rebound was a direct result of Ben Bernanke promising more quantitative easing. Although it wasn’t enough to win the week, the bulls won August and could have a September to remember if Europe delivers some good news this week. (continued…)
********************************
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 offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter. Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis. Together, we are 121-36 for 2012 which is a 77% win rate for all of our trade recommendations.
Our list of winners also include+576% on GMCR,+475% on AXP, +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 average trade recommendation usually last 3 weeks or less and we have closed some trades in as little as 24 hours. We target triple-digit returns for all of our option picks for the Daily and double-digit returns for the Weekly Wrap. We are excited about the back half of the year and a possible break out of the recent trading range.
If you are not yet a subscriber, come see why jaws are dropping for those who follow Wall Street and options trading.
Tags: AFL, AXP, blue-chip stocks, chicken option trade, chicken trade, fslr, GMCR options, momentum, momentum options, MSFT, option mentoring, stock options trading advisors, straddle option trade
Posted in European Union (EU), Market Analysis, Market Commentary, Option Trades | Comments Off