Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ATYT earnings play but played well in advance with NVDA and on March 25 the ATYT April 15 calls picked up the the "upside" of the straddle along with trades on the stock ATYT and NVDA, we play them in front of the report, by the time the report is out its time to short the news (for the most part) Same with this rally, we played the rally on Thursday, "anticipation of the follow through on Friday" and the continuation today almost like an earnings play, we could move up from here in our typical April/May earnings run which we get every quarter for the last 26 quarters.


Traders should position themselves IN ADVANCE without the megaphone and fanfare, just buying. NVDA target was 24 to 25, we got nearly 24 on Friday, today NVDA was practically gap free and once again soared thorugh 25.70 about $0.70 beyond target. In no post did we give the short target or short trigger in any of these not QCOM, SNDK, GE, AMR etc.



ATYT April 15 calls -

QFYDC expecting more upside next week in a continued earnings run. 15.65 is next resistance and possible move to 16 in front of the report. IF YOU ARE NOT HOLDING any ATYT or NVDA from yesterday and I'm not actually. You might want to pick up a few calls to wait for the probable continuation of upside. for ATYT (its a bit late in the ATYT chart to pick that up, as its been up quite nicely.