Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ANF and the retailers..just looking for at least one reversal period of "anticipatory upswing" prior to the report, There was one today in ANF and TJX exactly at the time when the market direction strengthened at end of the first reversal period (10:30 and at 11:00 just when I thought we would find direction and the market broke to upside after being in a trading range after the first gap up fizzled) Upgrades also come in handy before an earnings report. In weighing pros and cons, thse are NOT TWO I'd be holding through the report. I didn't go long either one though.