Replies to post #16946 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

PLCE -12% looks headed for lows of session, did you note that? ELBO nice pick BBgold, soared agan. Looking for one or two more shorts in retail next week (note URBN, TGT down without having to chance a hold through earnings). I'll put out in my list for next week some potential breakdowns (and potential Gap down 'n recoveries and just plain gap 'n craps) in retailers as more companies are going to report next week.

PLCE Jus' plain gap 'n crap



Gap 'n Crap 'n Recovery after the report



Before the report Late Day Breakout (earnings run) usually at 2:00 or 3:00

[zxcv1us]

Max pain theory does not work for liquid stock like DELL. It is a great trade if it works but very risky since it will expire tomorrow.