Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

QCOM awesome here basically both the 65 calls April (down one day after picking them up) and 70 calls (down 1 1/2 days after picking up including that ridiculous downgrade) and we're way ahead in both positions (out of the 65's completely) Absolutely no short, or short trigger was even contemplated for QCOM after the 65 calls were picked up. Ironically 2 days prior as a great 2 day short in QCOM which was a first for a long time!

If it hadn't triggered long, we would have gone to the next play and invalidated the long QCOM. All are choices across sectors did great and we got the entire rally and swung with it, no scalpling no chasing momo's for pennies while missing the beef in earnings plays and shorting sector losers like LEN CTX.