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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Dave Gore who wrote (846)6/8/2001 6:30:03 PM
From: Jenna  Read Replies (2) of 1227
 
DAKT is an Earnings Play. marketgems.com Reports June 13 before the market opens, might have some more upside. Not the best day for its beginning "Anticipatory Upswing" but the point is precisely to find those companies that are able to buck the trend and stay above the downside that permeated the market. I don't mind shorting or going long, makes no difference but there are those that like to be on the long side of the market and earnings plays give them precisely that opportunity.

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In this case, as is as custom we look for "anticipatory upswing" (or downswing) prior to the report. Wait for the report and see if there are any upgrades/downgrades that would justify even more upside AFTER the report. It is possible to hold THROUGH the report, but it is not recommended since using these strategies you can profit without the risk of HOLDING THROUGH EARNINGS.
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