Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

3:00 Update JBLU. If you got short I would hold some overnight for a possible climactic sell off by 10:00 and recovery. The reversal play is alive and well off 5 and 15-minute charts. JBLU was a miracle, and I don't think it will be 'grounded' for more that a 10:00 takeoff tomorrow morning!!! but enjoy the shorts today, many folks made a hunk of change on the short side. I would love a market pullback by September 15 so I can really enjoy earnings season but now I'm still more long than short (but not in technology, only minor pharmies and biotechies)