Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NFLX a mess <g>! no attempt of upside strong move down today again and perfect opportunity to short at the drop from gap up within 5 minutes of the market open. Wide Range Bar and the break of support today and climactic volume suggests more pullbacks ahead. NFLX already at support and probably a total cover today is best way to play it. There are still overbought sectors and we do expect some ramp up but will consider ONLY earnings plays that have the added impetus of an earnings report for a catalyst for a strong price move. What direction? Who really cares? Nice moves in PLMO and nice moves in AMHC in different directions.