Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

KLAC whadda joke! in an up day http://www.marketgems.com/ap2-evillaugh.wav

Update.
KLAC looks like the 51.82 area kick KLAC in the backside. Looks like a potential short below 51.75 (top of consolidation channel) and 51.60 (bottom part of the consolidation channel) I would LOCK INTO PROFITS FINALLY in TASR, even MU 16 calls, GS (unless you did like me and sold Friday) QCOM calls and leave only 25% on the table. Time to think about some puts or shorts in the worst of the techs which brings KLAC and INTC to mind!

KLAC SHORT and/or PUTS
KLAC April 50 puts KCQPJ at $1.00 @ $1.10
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INTC



INTC Short below 27.75 or the April 27.50 puts at even $0.70 INQPY (these are NOT DAYTRADES but already hedges against a tech pullback even if we are long others)

marketgems staff