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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
Friday, April 20th, 2012
9:00am (EST)
The bears took another step closer to getting back to even for the week following Thursday’s big win.
We mentioned the sun was shining over the bulls at the crack of dawn but things quickly reversed course after worse-than-expected economic news hit the Street. We know the talking heads get paid to pump up the market but they seemed stunned when they heard yesterday’s jobless claims numbers. There were a number of colorful commentators saying the numbers “just aren’t strong enough”. Duh.
The Dow fell 68 points, or 0.5%, to settle at 12,964. The blue-chips fell through the 13,000 level shortly after the open and were down 136 points at one point to 12,896. The index rebounded into the close to avoid a triple-digit loss but will need to close above 13,000 to keep the momentum going into next week.
The S&P dipped 8 points, or 0.6%, to end at 1,376. The index traded up to 1,390 in the AM but dipped below 1,375 during our midday update. The low came in at 1,370 and a close below the two aforementioned levels ahead of the weekend would be bearish.
The Nasdaq got punished for 24 points, or 0.8%, to finish at 3,007. Tech traded to a high of 3,058 but gave way to the 3,000 level shortly after our briefing. The next wave of support comes in at 2,975 but a break below this level gets 2,850 back in play. Tech will continue to lead the market higher or lower but it doesn’t seem to have the strength to take us to new highs with Tech heavyweights coming in with mixed results.
Over the past 15 years, the blue-chips have finished in positive territory 12 times on April Expiration Day. This means there is an 80% chance of the market finishing higher today but it is only one piece of the puzzle.
The Dow could rebound following Microsoft’s (MSFT, $31.03, down $0.13) earnings which came in above estimates after the close last night. The company reported a profit of 2 pennies ahead of estimates (60 cents a share versus expectations for 58 cents) and revenue also beat ($17.4 billion vs. $17.2 billion).
There are no major economic reports scheduled for today and futures are showing a strong positive open as we head into the last trading day of the week. Dow futures are up 69 points to 12,971 while the S&P futures are higher by 6 points to 1,378. Nasdaq 100 futures are gaining 10 points to 2,363.
Subscribers, check the Members Area for the updates.
Tags: Dow, MSFT, S&P 500 MSFT earnings
Posted in Earnings, Market Analysis, Market Commentary | Comments Off
Sunday, February 12th, 2012
11:00pm (EST)
1. Market Summary
2. Pizza Inn (PZZI) – Our New Favorite Pie
3. Standard Pacific (SPF) – Is Housing Back?
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 please click here. We are one of the fastest growing stock options trading advisors on the internet and we are off to a great 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 which is 23-1 over the first 6 weeks of the year. Our list of winners include 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 strides for double-digit returns on a monthly basis and went 16-0 for 2011. Even better, we went 7-0 in January and could go 5-0 this week. Sign-up now and receive access instantly to our stock options trading recommendations!
Tags: auto trading options, MGM, MSFT, SGMS, stock options trading, STX
Posted in Hot Stocks, Market Analysis, Market Commentary | Comments Off
Friday, January 27th, 2012
11:35am (EST)
We are adding 2 NEW TRADES to our DAILY portfolio this morning and another Microsoft (MSFT, $29.28, down $0.22) call option trade of ours has been closed this morning after our Hard Stop was hit. The trade returned 70% in 3 weeks. We have gotten off to a sweet start for 2012 as we have now closed 17-out-of-18 winning trades. Subscribers, check your email inbox or the Members Area to get the new trades. As usual, use limit prices to get the best fills.
*****************************
If you are not a subscriber but would like to be, 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 ended 2011 with a 16-0 record. Last week, the 2012 Portfolio closed out 7 winners to run our record to 23-0. Sign-up now and receive access instantly!
Tags: call option trade, MSFT
Posted in Trade Update | 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