MOMO

We are dedicated to making financial data more accessible. MOMO Pro is an integrated scanner and screener designed for any device.

scalping

Strategy for Consistently Banging out 1 min Scalps.

Ever since we've released our MOMO Chat we've come to see momentum trading a bit differently as we speak with others in our budding community. Where we have had more of a traditional view - the day traders among us, use MOMO Pro to find momentum over a much shorter

MOMO Stream

New Stream functionality - "Near" HOD/LOD

Ever have that feeling that you want to be more prepared for breakouts?  Our new  "Near" HOD/LOD is built to help.  Trading can get chaotic and you lose track of opportunities while analyzing others.  And while the default HOD/LOD setting is incredible for uncovering breakouts, Near HOD/LOD

MOMO update

MOMO Pro August 2023 Product Updates

Our evolution has not slowed!  Happy to say we have continued making enhancements non-stop and excited to share our latest batch of updates.  While our work may not be as obvious as our recently released MOMO Chat, we are constantly bouncing between usability improvements, architectural, and feature functionality to make

Architecture

Technical Update: 400%+ Improvement in MOMO Pro Stream Performance

As trite as it may sound, we continually strive to improve our backend architecture when not adding new features.  It's an unhealthy obsession, and it's a constant challenge as adding new functions and filters degrades performance a little with each update. And while nobody has complained, we've noticed our performance

short trading

Escalator Up, Elevator Down: Understanding the New Landscape of Retail Short Selling

As the stock market grows in consumer exposure, so too do the strategies and tactics of those who participate in its complexity. Over the past few years, I've seen a significant shift in the dynamics, driven primarily by a new breed of retail trader. Once seen as peripheral to the

market caution

Time to Take Profits? Diving Deep into SPY and QQQ

The stock market has been on a wild ride lately. The S&P 500 (SPY) and the Nasdaq Composite (QQQ) have been on record-breaking tears. And despite our love for momentum, we need to step back and check ourselves – so hold onto your keyboards, because there are some indicators hinting

Introducing MOMO Chat or "The Everyday Trader's Bloomberg"!

One of our core values was to help foster a community for what can be a bit of a solitary craft.  Our goal was to include a new capability to not only learn and grow as a trader, but uncover potential money-making trades. As many of you know - the

Trading Strategy

Outsmarting Institutions by Mastering the the "Double Liquidity Headfake"

The "Double Liquidity Headfake"  is a common trap used by smart money to deceive buyers and sellers in a single progammed play. The event occurs when the market breaks a swing high or low and then reverses in the opposite direction, trapping traders on both sides. By identifying this pattern

How-To

The Stock Scanner Guide (and why we built MOMO Pro the way we did)

The U.S. stock market has over 7,000 listed stocks moving simultaneously throughout the trading day.  There are also another 1800 ETFs and thousands of warrants and other symbols.  This doesn't even include the OTC market. To find and filter trading opportunities, most traders utilize the power of stock

dark pool

The Mystique of Dark Pool Data: Application or Distraction?

The mystique surrounding dark pool data has garnered significant attention from traders, investors, and researchers alike. These private trading venues, where buy and sell orders are hidden from the public, have been a subject of fascination due to their clandestine-sounding name and potential impact on market dynamics. While dark pool

warrior trading Featured

MOMO Pro Settings to Help You Trade Like a Warrior

Ross has made himself a bit of spectacle online as a trader.  Despite his notoriety as a businessman, his charming personality and gift for the livestream is undeniable. However, he charges a massive premium to use his services – as in Lous Vitton-type premium.   As many of you have found yourselves

market strategy

Why MOMO Pro Provides a "Flattened View" of Regular and Extended Hours

A recent MarketWatch article shed light on an intriguing aspect of the stock market that we have known for several years and have been meaning to share: a significant portion of daily returns are made outside of regular trading hours. As the founder of MOMO Pro, I believe it's essential

AI

AI Unleashed: Speculation into the Unknown

There is an insane number of AI projects being developed and ".ai"  businesses being spun up. AI has been present in the enterprise sector for years in various forms, but now, with large language models (LLMs), there is a highly accessible and functional model for people to interact with AI.

Gap Scanner

Gap Scanner Now Available in MOMO Pro+

We all know the feeling... we see news late in the evening or over the weekend that suggests a stock is a screaming buy, or perhaps a dump, and want in (or out) regardless of the last quote.  This type of FOMO is contagious, and although we all like to

multi-screen

Mometic Standards Work with W3C

One of the goals we had for 2023 was to start moving MOMO Pro from a "web app" to more of a "web-based platform".  While the difference is subtle, the way we see and define a web platform is that a web platform gives users more modular utility across their

short trading

How to Find Trades in a Bear Market

Looking for opportunities to trade in a bear market can be a daunting task. When the market plunges, losers seem to outnumber gainers by a wide margin, causing panic and uncertainty. But fear not! Experienced traders know that there are always opportunities to be found, even in the most challenging

education

Is MOMO Pro a Good Scanner/Screener for Beginners?

Oddly, this question hasn't come up before or perhaps frequently enough to notice.  Last week, we were checking our search analytics and saw this very question asked a couple times, so I thought I would take a moment to address. MOMO Pro was initially purpose-built for traders looking to supplement

momo pro features

Our Focus on Usability While Building MOMO Pro...

We spend a lot of time thinking how we can make MOMO better.  I like to think of it as putting my OCD to good use.  Frustrations with how many applications work (or don't) plays a big part into the value I take away from the application. I believe our

day trading

Trader Checklist: Steps to determine whether to exit at a loss.

There are several mental steps a trader should take in determining whether or not to exit a trade at a loss: 1. Assess the reason for the trade: It's important to understand the reason why you entered the trade in the first place. Did you have a clear and specific

Best of

Is MOMO Pro Stock Scanner "Worth It"?

In our search analytics we are seeing this as a question being asked and wanted to shed some light on this, albeit a bit biased, of course because we wrote it.  So here goes... When my family and I go on vacations, we inevitably wind up hiking some mountain or

Average True Range

Pros and Cons of Using ATR in Day Trading

Average True Range (ATR) is a technical analysis indicator that measures the volatility of a stock. This indicator is often used by day traders to assess the level of risk associated with a particular stock and to make more informed trading decisions. One of the main advantages of using ATR

MOMO features

Scanning for Volatility with ATR

Finding your perfect momentum setup is only good if the stock is predisposed to actually move. ATR scanning adds that dimension to MOMO Pro+. As a refresher, ATR - Average True Range is a basic indication of  price movement over time. We've taken ATR and converted to ATR% which is

short squeeze

MOMO Squeeze and Short Ratio Deliver "One of a Kind" Short Squeeze Scan

Today I'm happy to announce we've added Short Ratio to MOMO Pro+. Together with our existing indicators you will now have one of a kind insight into stocks bearing the weight of potential short squeeze due to  traders perceived increased risk and decreased return from holding short positions. While short

Stockstotrade

Goldman's Top 40 Upside List

In an early October note, Goldman Sachs listed the 40 stocks that were the furthest below their analysts' price targets (> 50% upside opportunity). For MOMO traders... we see these as solid targets to attack for when momentum shifts bullish.  I would be cautious on trying to realize full upside target

MOMO features

Top 5 Things You Didn't Know About MOMO Pro Stock Scanner

Many of our features are customer-inspired and if you are in software you know it can be difficult to incorporate these features into your platform while not destroying the usability.  In order to accomplish these requests, you sometimes have to make some of these features a bit more discrete or