Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

BBBY continuing short play day #3 from just under 42, while getting stopped out of BBY LONG profitable after the gap up. BBY was a swing long and BBBY still a swing short. Trailing stop lowered in BBBY and more locking in. The last phase (the gap play) more times than not turns into a SWING in the direction of the gap (gap 'n snap will be a swing long) while (gap 'n crap a swing short) That way you aren't relegated to 'street sweeping' for scalps and pennies. This is the best way to trade not just earnings but also EVENT plays and we're getting into some of those (SUGP, OSIP, TKTX and GNTA)via straddle/strangles instead of betting the ranch on upside.