Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

>>>>APOL >>>>target 70. The LONG was on today's newsletter and already in play when the announcement came out. Once again congratulations gemmers for being prepared even though market is fine, our plays are cheaper, ANTICIPATED FULLY in advance, and not so many so we don't know where is entry etc. We remarked about the move 45 minutes into the close and possibility we have finally turned a corner for APOL at least close to the report.



13:34 APOL/UOPX -- Pac Growth previews earnings

Pacific Growth's recent channel checks indicate to firm that Apollo Group (APOL) and University of Phoenix Online (UOPX: Equal Weight) could deliver a strong NovQ when results are reported next week. Firm sees a near term opportunity for stock performance in both APOL and UOPX shares; notes that both APOL and UOPX have fallen with the rest of the industry on news of allegations that Career Education (Not Rated) could be inflating enrollment numbers. As firm believes this news is irrelevant to Apollo Group, it believes that a strong quarter from the co could act as a near-term catalyst for the stock price. However, in firm's opinion, over the longer term APOL and UOPX shares are likely to show limited upside; if the economy is truly in a recovery, firm believes that investors could favor rotating into higher beta names.