Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

HOPE FLOAT #2: PHTN, ZOMX, ACTL, AMKR BHE. I am starting to get a tad 'excited' about prospects on the long side. Every earnings report solidifies that we might be ready to start holding for swing trades those stocks that beat estimates. These are the second group of stocks that are showing "hopeful" signs of a breakout. We are NOT JUST LOOKING FOR SCALPS here. These are showing the same signs the original group showed on Tuesday. These are also well off their high. We also still like TQNT and RFMD for more upside. This group should be watched to see if they can take out the high established by 9:50 (to 10:00 in case the market opens choppy). We are starting to hold small positions and will increase them AFTER their earnings. Holding INFS, will hold those that report well longer, these others 1-2 days so far seems adequate. RDC, earnings play had a nice earnings run and beat estimates but did not move up today. When this and other stocks in this sector come back (money was moving into technology) I like


http://stockcharts.com/def/servlet/SC.web?c=PHTN,uu[l,a]dhclyymy[db][pb50!b200][vc60][iUb14!La12,26,....
http://stockcharts.com/def/servlet/SC.web?c=ZOMX,uu[l,a]dhclyymy[db][pb50!b200][vc60][iUb14!La12,26,....
http://stockcharts.com/def/servlet/SC.web?c=ACTL,uu[l,a]dhclyymy[db][pb50!b200][vc60][iUb14!La12,26,....
http://stockcharts.com/def/servlet/SC.web?c=AMKR,uu[l,a]dhclyymy[db][pb50!b200][vc60][iUb14!La12,26,....
http://stockcharts.com/def/servlet/SC.web?c=BHE,uu[l,a]dhclyymy[db][pb50!b200][vc60][iUb14!La12,26,9....