Momentum Stock Options Trading Strategies

Bulls Open the Week Strong

Catherine — Mon, 17 Jun 2013 18:08:20 +0000

2:05pm (EST) The charts from our weekend homework were pointing towards a major breakout (or breakdown) this week as the indexes looked poised to explode out of their symmetrical triangles. We talked about this technical pattern and we said they tend to follow the direction of the market’s recent trend which has been bullish all [...]

Quadruple-Witching Week, Fed Could Bring More Volatility

Catherine — Mon, 17 Jun 2013 13:01:38 +0000

9:00am (EST) The market traded in a tight range to start the week but it didn’t take long or the volatility to pick back up. The bears and bulls split Monday’s session as Tech and the small-caps ended with gains but the downside action over the next 2 days would once again threaten the 50-day [...]

Bears on Track for Weekly Win

Catherine — Fri, 14 Jun 2013 16:45:24 +0000

12:45pm (EST) The bears are on track for the weekly win if current levels hold. The bulls have done well keeping the losses in check but there is still another half of trading and the bulls will need to hold key levels to avoid further weakness into next week. The battle lines today will be [...]

Bulls Survive Another Bear Attack

Catherine — Fri, 14 Jun 2013 11:37:36 +0000

The Dow gained 180 points, or 1.2%, to close at 15,176 on Thursday. The blue-chips traded to a high of 15,202 and held the 15,000 level after trading to a low of 14,953 at the open. A close above 15,200 today would be bullish while another close below 15K could be bearish heading into next [...]