Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Exciting or just a lull? Are the techs headed up and is this earnings season going to be profitable on the long side? We we are doing a bit better now, we had our "Hope FLoat" stocks that are getting shorted but these were not earning related.
So far intraday volatility has been strong and good enough for shorting the spike highs from much of the gap ups. Tomorrow we can probably continue to short some of those that rallied up today, and others that didn't join in the rally like RDC might finally join.

Its not so much that earnings were okay, but simply there is really nothing much left to short except the rallies. I'll be analyzing next weeks earnings plays this weekend and tonight I'll add a partial list of earnings plays on the Watch List. Tomorrow and every morning we will be checking up any premarket activity as well as upside and downside earnings surprises. Tonight I'll be posting some interesting charts on "Hub".. later on as well.