Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Holding or not! Whether or not there is further upside is not the point, the point is whether we can be long overnight in this market in major positions when its way too easy to buy support in the morning or even worse, we could open well below any stops. Prudent and risk tolerant traders that have capital preservation as their first concern will be happy with the 2 days of profits accrued and not look a gift horse in the mouth.
Why would anyone hold positions that have been shaved off well off their highs in front of earnings warnings season and a precarious geopolitical situation?