Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NSM --example of the 10:00 spike high. Although we were long NSM yesterday we were expecting an exhaustive move of upside through 10:00 and that's exactly what we got, shorts from there in many of the techs (but we did NOT call NSM short we had others). Locked in yesterday though in NSM and left nothing over, but NSM is likely to be a buy again after a pullback with 42 next support with target of 45 by april options expiration. April Calls might be a good idea here. Don't waste money on any other expiration month.