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Posts Tagged ‘options track record’

Bears Crack Support, Bulls Hold into Close

Tuesday, December 3rd, 2013

9:00am (EST)

We mentioned in our midday update on Monday the bulls needed to watch for a bear attack into yesterday’s close and the assault came a little early instead of the final hour.  We covered the bear tracks that were left on Friday so we were prepared for some weakness to start the week but said the bulls needed to hold support.  They did for the most part but another blow by the bears could get the second layers of support in play. (continued…)

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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.

Bulls Still Showing Strength

Monday, April 2nd, 2012

9:00am (EST)

“Although this week is historically bearish, we could see some “window-dressing” by the fund managers which means they will be buying stocks early in the week.  We still feel the market is close to peaking but we wouldn’t be surprised to see one last run at our near-term targets (Dow 13,500; S&P 1,425-1,450; Nasdaq 3,250; Russell 850) if there is a rush to buy this week.

We could also see a trading range this week before we get the surge in April which is typically one of the best months of the year for the market.  Over the past decade, the indexes have gained 2%, on average, in April and if support holds this week, there is a good chance history repeats itself.  However, we aren’t too bullish on 1Q earnings which will start to come in during the second week of April” (3/25/2012 Weekly Wrap/ Monday Morning Outlook)

The bulls held support and continued with their winning ways last week following the “Bernanke Bounce” on Monday.  The major indexes rallied 1.5%, on average, after hearing the Fed Chairman say supportive monetary policies would remain in place and that another round of quantitative easing could be a possible.  Ben Bernanke said the U.S. economy would need to grow more rapidly to produce enough jobs to further bring down the unemployment rate (which comes out this Friday).  This spurred a huge relief rally following the prior week’s slight pullback as the market reached fresh 52-week highs.

The bulls came close to our aforementioned near-term targets as the momentum continued into Tuesday’s open.  However, the momentum faded late in the day as a late session sell program hit Wall Street.  The Dow was able to finish in positive territory but the S&P 500 and Nasdaq couldn’t escape the bears attack as both indexes ended the day with slight losses. 

Wednesday’s futures were showing a continued pullback as the bears looked poised to crack another layer of support following weaker-than-expected economic news from overseas.  They did at the open as the market fell over 1% when trading got underway.  The Dow fell to a low of 13,069 while the S&P dipped under the 1,400 level before both indexes bounced back by the closing bell.

Thursday’s action was more of the same in the morning as lighter-than-expected economic news muddied the waters.  Initial Claims fell 5,000 to 359,000 versus expectations for a drop to 350,000 but the previous week’s numbers were “revised” which accounted for the slight miss.  Meanwhile, fourth-quarter Gross Domestic Product (GDP) increased 3.0%, which matched forecasts while Personal Consumption increased 2.1%, also in-line.   Wall Street must have realized this after their lunch break as the indexes rebounded sharply in the second half of trading and into the close.  The Dow was able to squeak out a small gain while the Nasdaq and S&P suffered only minor losses.  This led us to believe that Friday was going to be a good day as the market was on the verge of booking one of the best quarters we have seen in quite some time…

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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 whiand double-digit returns for our Weekly Wrap.  We are 59-13 over the first 3 months of 2012.  Our list of winners include +475% on American Express, +292% on Capital One, +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, our closed option trades have turned a $10,000 trading account into $46,765 for a 367% return using our recommendations.  We also don’t count closing “HALF” trades twice like some options newsletters do or tell you to buy another “HALF” position on a losing trade then only count it once.  Our Track Record is real and so is our reputation.  We also offer auto-trading which verify our results.

Bulls Looking to Finish the Week Higher

Friday, March 30th, 2012

1:10pm (EST)

The bulls are on track to finish the first quarter and the start of the year with their highest gains in nearly 15 years.  Although economic news has come in lighter-than-expected today, the bulls are making another push at resistance as we head into the weekend.  The bears made a nice recovery off the Bernanke Bounce on Monday but the indexes are on track to finish the week higher despite the bears 3-day win streak which could be ending today. 

As far as economic news, Personal Spending jumped 0.8% in February versus expectations for an increase of 0.7% while Personal Income rose 0.2% versus a forecast for 0.4%.  The Chicago ISM slipped 1.8 points to 62.2 in March after rising nearly 4 points to 64 in February.   And finally, the University of Michigan Consumer Confidence report showed a reading of 76.2, beating the suit-and-ties forecast for a print of 74.5.

The Dow is up 51 points to 13,197 while the S&P 500 is higher by 5 points to 1,408.  The Nasdaq has danced on both sides of the ledger but is currently positive by 2 points to 3,097.  If current levels hold, we should rally into next week.

We were able to close 4 more winning trades this week but we also took 2 lumps on trying to short the market.  We played some WEEKLY options that probably aren’t going to rebound as our aggressiveness didn’t quite pan out.  Our overall 2012 Track Record is now 59-13 which is an 82% winning percentage but we still hate losing trades.  We probably should have played the April or May options to give the trades more time but we didn’t and we blew it.

We have had an incredible quarter to say the least as we have been able to turn a $10,000 trading account into $40,000 in just 3 months.  In other words, while some of the Wall Street pros might be lucky enough to show their clients a double-digit gain for the first quarter – we made our subscribers 300%!  You can request our 2012 Track Record by emailing us if you are not a member to see all of our closed trades for the year.

We are expecting another exciting quarter which kicks-off next week as we have a number of trades that are starting to set up nicely for us.  There is still a chance we play some more call options but we are also watching a number of short ideas.  Our biggest trade of the quarter was this week’s call option win in American Express (AXP, $58.05, up $0.16) which we closed for a 475% gain.  We are looking at some longer-term put options that could make just as much if the market pulls back in May and June which we expect it will.    

We have some last minute thoughts on our current trades and we will be back Sunday night with the Weekly Wrap.  Until then, have a great weekend everyone!   

Bears Claw at Bulls, Futures Lower

Tuesday, February 7th, 2012

9:00am (EST)

The market spent all of Monday in the red as the bulls tried to recover from the opening losses at the start of trading.  The market was unable to gain any momentum following another day of Greece this and Greece that but there was a late day push to get back to even.  We said yesterday the market still felt like it wanted to go higher but we simply ran out of time as the bears held on for the win.

The Dow slipped 17 points, or 0.1%, to finish at 12,845.  The blue-chips traded to a low of 12,793 which was just under prior resistance at 12,800 and is trying to serve as new support.  

The S&P 500 fell less than a point, or 0.1%, to settle at 1,344.  The index kissed a low of 1,337 but went out right at its high for the day as the bears failed to crack 1,325.

The Nasdaq gave back 3 points, or 0.1%, to end at 2,902.  Tech dropped to 2,887 intraday and we were rooting for a close above 2,900 which we got by the closing bell. 

Despite the lack of action, we were able to close out another winning trade yesterday and took half profits in another as we ran out 2012 Track Record to 19-1, or an 95% win rate.  We also want to explain to you real quick what makes us the best option service in the business.

As we have mentioned, most option sites do not have track records because they don’t trade or because they don’t want you to know their results.  The few websites that do offer track records, well, some of them are tricky in the way they record their results and we want to point this out to you.

There are some websites which record their “winning results” but if you look closely, they will count the same trade twice, three times, or in some cases, four times, by closing out half, third, or quarter positions.  This is not right and this is not fair to you as an investor.

In other words, if we recommend a trade and tell you to take half profits, we count closing the other half as ONE trade – win, lose, or draw.  If we close half of a trade at $1 and the other half at $2, our average closing price for the trade is $1.50.  If we posted results this way, we could be 36-1 instead of 20-1 to start 2012.  See the difference already?

The “other” option sites might also recommend a position at $2 and then when it drops to $1 they tell you to “average down” and buy more.  Yet, when both “half” positions end up expiring worthless, they average the trade at $1.50 and count it as one losing trade instead of 2.

Folks, we do not do any of these smoke-and-mirror gimmicks and what really separates us from other option newsletters is that we have 3 auto-trading partners that verify our results.  We also have a loyal subscriber base and our integrity is the most important value to us along with your trust.

We won’t get every trade right but we do have a 4-year track record of over 70%.  Our subscribers keep tabs on what is happening out there.  Our NEW subscribers tell us where they came from and provide us with the results because they are happy to have found us.

With that said, futures are up and we have a NEW TRADE we are trying to get into this morning.  Dow futures are lower by 11 points to 12,765 while the S&P futures are off 3 points to 1,336.  The Nasdaq 100 futures are showing a decline of 5 points and are at 2,520.

Subscribers, check the Members Area for the updates and make sure to use limit prices at the open to get the best fill.

MomentumOptionsTrading.com Weekly Wrap for 10/30/11

Sunday, October 30th, 2011

11:30pm (EST)

1.  Market Summary 

2.  Zoom Technologies (ZOOM) – Zoom or Doom?

3.  Molex (MOLX) – Value Play with Strong Cash Flow  

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 expecting another busy and possible volatile week and we could release NEW Trade Alerts as soon as Monday morning as we look to stay hot.  We are the verge of closing our 24th-straight winning trade for our Daily newsletter and our Weekly Wrap 2011 portfolio is 12-0 with 3 more possible winners coming in November.  Sign-up now and receive access instantly!

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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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