Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

S&P Futures (chart) 5 minute chart along with intraday charts for PEP, WMT, MMM and IP were good predictors of the price breakdown by 10:00. We usually add a tick/trin as well because shorting the dow components are high risk although when they drop, they drop nicely! 10:00 was happy hour, its usually when spike highs hit throughout the market and shorting begins, with the tech its rote already but with the DOW we tread carefully