Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Banks breaking down, look at USB JPM BAC and NYB. I don't like financials either as GS stalled at 75. Finished with longs for today... bit into some posted short and I think once the NVDA glow wears off we still have to contend with NTAP and AMAT earnings and could see a replay of the 2 day pullback from CSCO. THE WHOLE in this market is not equal to the sum of its parts unless you are a buy and hold trader. Two down days, 1 good day suspiciously paralleling the market's digestion of CSCO report, it killed ERTS and gave CSCO actually a sell rating will be very fickle to depend on in the future.

We will take this market from one earnings play to the other and that's the way it will be whether we like or not or theorize and prognosticate and analyze till the cows come home. Its not the projection that matters but the gains you make each and every day since we are not investors or long term analysts. I'd love to know IN ADVANCE how many traders are holding long swing trades now and during the last 3 sessions, and what they actually traded in stocks during the last 5 sessions.