Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

BSG +16% emailed to subscribers on January 16 12:11 p.m
BSG report Jan 21 and is looking very good

BSG reporting January 20 after the close will be watched for more "anticipatory upswing" when we come back on the 20th. At this point I'm liking the February 17.50* calls but it might be okay to hold BSG through the weekend (about 25% to 33%) if it closes 80% of intraday high.

*0.25 today $.85 plus a long at least until the actual report from 15 to a high of 18 today.

BSG is only 41% of 52 week high so it has potential.

BSG reminder at 2:20 p.m.
BSG if you happen to pick that up will be an earnings play next week but for today there was strong upside. A stop could be loose depending on entry (always put it ABOVE your entry to lock in profits)


THESE are the kind of plays we had in December and the kind we'll have in February/March when we can spend time with quality plays instead of the hundreds of techs, which we must straddle and get out of the way first.