earnings plays up: MAGS +22% VTS +9.49%, TECD +5.9%, MIK +3% USB +1.40% and we are definitely going to be looking for continued swing longs in CSC (still bullish), LOW (bullish), CA +7%, SMTC (bullish) and SEAC(bullish), PETM (bullish). COST newer play up after hours. K=V pharma up 4 and an earnings play on triple volume. So how come we're not calling for a major rally? Simply because its earnings plays that are up and sectors that rotate. We don't need the 'pat on the back' for the one winner out of scores of losers. We are bearish again the builders and might add more sectors and bullish on pharmies but bearish on the medical equipment companies (GDT, THOR, MDT and ABMD is a question mark)
MAGS
VTS
If we are knocked out of LOW one day, we'll be back the next and so on. All on our newsletter IN ADVANCE and no prognostications just simply buying the trigger and looking at "THE BIG PICTURE" which includes historical price patterns following and before earnings.
VTS TEK were also up yesterday, and VTS up today as well. Our swing plays are not the typical "KLIC/KLAC/INTC" but we rather stay with the proven winners.
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