Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NVLS takes out yesterday's lows. If I were short NVLS this morning I more than likely would have been stopped out especially as this was up about $0.47 in premarket, another reason to be holding puts. No stops in puts and the position is not high exposure or high capital expenditure. So NVLS has taken out yesterday's lows and the puts are not only intact but priced now better than they were yesterday! That is the reason we decided to be only in puts in technology and never held a short overnight, not even with that 2 day short we just finished.

You might not want to trade the war or the economy, but if you trading at all, you are perforce trading those "indicators" whether by design or not.