Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

"Trading Portfolio" holdings sent out. COGN very nice today, we upped our target to 33 from 32.50 and maybe even 34. NO SHORTS HELD through weekend and no scalping at all. We posted our COGN expectations for a straddle even on IHUB so we hoped others joined us BEFORE THE FACT. Our "portfolio list" will hold about 33% of the original breakout amount of shares, with GE leading the pack and the AMR 12 calls and the list was sent out already. We will be adding techs or increasing holdings and weightings next week. All that cash from the short covering has to go somewhere although its still premature to have as much long invested as we had short the past 9 weeks. We will let our traders know when, where and how much.