Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ALERT! MRVL breaking highs of the session soon, Look also for a BUY in MCHP above 25.80 for break of 26. Stochastics have called buy triggers first in MRVL (earlier on) and now in MCHP. I DO SUGGEST we stay in daytrading mode so far this session 10:30 is usually a trend change but with the strength of the ATYT and MU reports and some bad news coming out of BK, we might be a SHORT the bear rally day like yesterday (KLAC, NVLS were shorts the entire session).