Replies to post #20890 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

CALM hit target of 35 and higher, as we suspected a good earnings report and this one doesn't know downside. Go CALM! When great companies are are pivot points before the report, its nitroglycerine when the report comes out.

[jenna]

Earnings Driven market and that is the only FORMULA! Any other analysis will fall flat. Compare the charts of TXN, NVLS with CALM and SLAB and maybe you'll "get it". We have played this market as earnings driven for 6 1/2 years and have yet to be "surprised". We might have some companies fall through the cracks, but we certainly don't think the market is made up of the semis or the techs. Our stocks are up in down markets and our semis are usually shortable easily after earnings reports. SELL THE REPORT folks, don't hold techs through earnings without "insurance"