Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[TraderXx]

Hi Jenna....thanks for all the updates.

There is something I have to ask though because I'm not quite sure the reason behind the puts on XLNX,NVLS,CCMP. It seems to me that from the charts all three have set ups for a further move upwards. I know we are trading in strange times where most of the time the market trades from news driven events, but I'm not quite sure your reasons for being so bearish for these three stocks:








Are you bearish on them from more of a fundamental perspective at this point?...is it because of upcoming disappointing earnings announcements that you anticipate a move down from here?

It seems to me these three especially can be susceptible to bigger moves if anything because of their short ratios...at least thats what I see.

Thanks for your analysis and thoughts.

TraderXx