Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

INSP to the moon picked this baby off the bottom also (after a huge run up AFTER earnings) The straddle into earnings turned out to be a multi-day upside for nice gains. INSP now a momo play on today's newsletter. We don't scalp for peanuts but get the "Holstein Cow" Another break off the rising 20 on 5 minute chart. What a year, doesn't matter if the market is up or down as long as we are on the right side the trend of the stock we play. Just our list of earnings plays, those that reported already become longer term swing/ position plays and rebuys at the first swing high AFTER the dip. We don't buy the entire dip of course (that can last for days or even weeks!) just look for that change of trend and confirmation. Our strategy looks to short the losers while we go long the earnings winners. INSP yesterday was the COT (change of trend) today was the confirmation.