Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

XLNX/KLAC..the longer term chart is not looking good, so I would never consider holding any potential swing trades in this market in technology, not even our "hope floats" stocks. We have some scalp potential but most traders do not like being in positions for peanut gains (called scalps). Earnings plays both on the short/long side at least give you a little more perspective on the stocks themselves because you can add that ANTICIPATION that comes with doing a little homework. Whether this is only a psychological advantage is moot, since 90% of trading is only psychology anyhow and if a boost in confidence will boost your profit, than go for it.