Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Marketgems Earnings Trader February 20 with some intraday charts sent out and 8 intraday updates (not included here because some of the stocks are still 'in play')

http://www.marketgems.com/February20backissue.asp

http://www.marketgems.com/TXN20intradayssd.gif
http://www.marketgems.com/LOWearningsrun.gif
http://www.marketgems.com/MDT60minutechart.gif

Market Update from Yahoo! (didn't get in the way of our plays since technology was only a percentage of our plays today)

Close: Buyers stuck to the sidelines for most of the session, as indecision and valuation concerns continued to plague the market, like they have through most of this week... Today's decline took all of the major averages to a close below last Friday's totals, shaping up for the fifth consecutive down week for the Nasdaq... The degree of the volatility through the session was magnified by the thin volume, as well as today's options expiration...
Overall, the broader market took its cue for trading from the Nasdaq, as the tech composite flirted with its 50-day simple moving average at 2039 through most of the session and closed below the technically significant level, leaving the Nasdaq vulnerable to further downside... Also limiting the market's advance in today's session was the CPI report, which checked in at a higher than expected 0.5% (consensus 0.3%) and excluding food and energy at 0.2% (consensus 0.1%), turning the market's attention from disinflationary worries to inflationary worries