Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

12:00 update:(HPQ, DELL, SNPS, INTU,ARXX, IDCC and OTEX earnings plays continue to remain HOLDS and power up. http://finance.yahoo.com/q?s=low%2Cidcc%2Cotex%2Csnps%2Chpq%2Cdell%2Cintu&d=v1 LOW probably instrumental in leading the retailers and dow components and semis to more gains. NOTICE how earnings plays move to the upside in a euphoria just like the heat of the season. Simply the stocks are "POISED" to move and momentum and anticipation is huge. OTEX IDCC would never have moved up double digit gains were it not the DRIVING force of "anticipation" and the results of excellent reports. As long as we keep a few days AHEAD of key earnings reports (B list now) and stay long those that prove themselves following the reports (swing plays), we will always have strong momentum.


For earnings traders there is strong momentum almost all year round during each of the 4 quarters July/August, midSept through End of December, Mid January through end of March, and mid April through end of May.

LEN and KBH pulling back after 2 days of upside. DELL and HPQ moving up daily now and will still hold for more upside (DELL 32.50 calls 'in the money') ADI, AMAT giving back some gains on the put side 1 day of gains after their consecutive reports.