Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

BBBY/ORCL and ISIL.

now what we need to do is plot a plan. If the ORCL report puts a good facade over the market we might expect a similar moves in the other beaten down stocks, even MU and RIMM (yep, we're really reaching here with RIMM. Although I did expect a move up in APOL even BMET, there was no logical trigger yesterday after the sector sold off strongly. The only stock I held through earnings long was TTWO yesterday and that was based on it being critically oversold, I did not do the same with BMET or APOL.

ISIL will no doubt effect MCHP which was beginning to look not too bad today and of course SNDK.

ORCL 12.50 calls for January, might still work out but we will have to wait to see. At least we didn't pick up the December calls with triple witching so close.