Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[Joe Stocks]

CC, I'll give you my thoughts. TARO looked good to me today. With as bad as the market was today TARO held up well, not selling off to the end of the day. That said, bear markets can take the good with the bad. I think we may see a point soon where the mutual funds will have fear of redemptions and will sell the good with the bad to raise cash. TARO's fundies appear to be sound and I still think the same of TARO as I did this weekend. IN my opinion it's make or break time with the chart showing positive movement with the 20ema making an attempt to cross over the 50ema. Volume was light today. I have no position currently. The only thing keeping me out is the market. Like Jenna said the other day, I don't want to trade these things just for bus fare (or something like that). I think the market could weigh on TARO some.

PPDI had a good day today. Up 4% on almost 2x volume. Worth a look in my opinion. I'll address EXPE on my next post post

Joe