Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

MU -20%, ATYT -8% (posts disappointing results) Chip stocks generally weaker on MU results. Is this just the result of chart patterns or Eliott waves? Not unless Eliott was telling everyone to short these earnings plays. Just having a LONGER range perspective on what earnings plans can do to the market. NVDA down over 7% and GNSS over 5% in sympathy which is what we expected.
Indeed they were all hot prospects on the short side after 2 days of upside much like JBL and much for the same reason.
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