Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

CCMP/NVDA Since upgrades of both CCMP and NVDA these stocks are diving into a pool without water. At this rate, we should and we often do, short the same stock the next day after the upgrade. Prudential said "positive" words on NVDA..and it did on CCMP on April 2nd. These positive remarks were good for the NVDA players to get out at a more decent price yesterday.

CCMP
14-May-02 CIBC Wrld Mkts initiated: at Strong Buy
26-Apr-02 UBS Warburg upgrade: from Buy to Strong Buy

NVDA
30-May-02 Prudential Buy target $62 (give me a break)
4-Apr-02 JP Morgan initiated: at LT Buy
26-Mar-02 RBC Capital Mkts initiated: at Outperform
12-Feb-02 CSFB initiated: at Buy