Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

APOL trading like BMET after the report, once they report and the news is very good, they usually continue up for a day or two. The reality of this market is that there will not likely be a 'textbook, orderly pattern setup' that will last more than a scalp trade except for the earnings plays. Anyone thinking the market will pattern the textbooks and chart patterns will last forever, should see the Walgreen commercials. Markets are not "perfect" and those that teach traders and ignore earnings, geopolitical situation and economic crisis might live in "perfect" but that is not the reality.