Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

BOBJ..we worked hard, had absolutely nothing but a gap 'n crap and earnings are not even out. They don't always work and plays are invalid, but we still strive. Never give up traders, put in the extra work, you'll get the justification if not in one play, then in another. Check MULTIPLE TIME FRAME charts, and update your triggers in case of gaps (BOBJ might be a lost cause!)

Our strategy (which didn't work) for BOBJ was some anticipatory upswing then a nice straddle. We didn't pick up 'the nice straddle' because there was no anticipatory upswing and BOBJ gapped to hell today without a position being taken. We have not given up but we might end up with very little by Thursday after the close. We certainly are not shouting upside here or "great chart" just looking at it analytically and not with much hope of a play.......yet.