Replies to post #17451 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

VRTY down.. have to figure out what the strangle will do. Can't do that until tomorrow. The put side was already doing okay and should do better (with the downside from today). It might end up 'even' but I hope not.

[jenna]

ZQK last trades going through at 18! We might have some new earnings plays in the retail sector now (PIR, MLHR, CC, BBY) that report from September 15, because some downside is built in already (look MIK exploded even at the highs so how much more potential are there for those upcoming retailers that have yet to report and have pulled way back from their highs!)

I'll be posting some charts on these possible earnings plays and they will be watched carefully now as REVERSAL plays.