Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

LOW 143 big block trades (trades over 20,000 shares) today leading the point gainers in big blocks traded. 81 big blocks for HD. Institutional investors and savvy traders would "anticipate" that a move up in LOW would trigger important upside. Earnings plays that do well can move up to 30% above their 52 week high For this reason our FUTURE watch lists will always include companies reporting 1 week or more in ADVANCE to capture these gains BEFORE and continue to hold AFTER the report. On the flip side we might get pullbacks after explosive moves to upside. The pullback would also come and could be large as well so if a company like SNPS does in fact disappoint (not likely though) it might give back up to 5-10 points.
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