Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

SHPGY we like this for tomorrow!(nov 22.50 calls or dec 25) You can play it safe with some call options. We have another 1 or 2 in the medical equipment & supplies sector, the whole trading world is not just semiconductors! For us the semis furnish us with the LONG TERM DAYTRADE 2 distinct trends intraday (as you can see with the QLGC chart), because it would take some explosive news to keep them up much higher at these blimpy levels, but we short at resistance and buy only at bounces off support, we don't chase the highs. The 3:30 period will likely confirm this was just a mini-short covering rally once again.