SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: saulmon who wrote (22843)1/24/1999 5:16:00 PM
From: Jenna  Read Replies (2) of 120523
 
AMZN..I expect a good week in light of the earnings of MSPG and AMZN. I also expect it to overflow into stocks like GNET, VRIO,USWB,NTBK, VRSN,ABOV,NITE and some others. But I don't anticipate it to last very long. That is why some traders are buying high and selling low. They don't get in for the gap up, feel left out and buy after the stocks are trending up powerfully, even holding through and after earnings when the 'clever' traders are making their moves. The clever trader will have bought already at the bottom or close to the bottom and will be ready to dump their stock by the time the 'latecomer' arrives causing the market to drop. Then get get back in after the drop and the whole cycle starts again.

Already one day after earnings I expect another correction and volatility will be the norm in this sector. We have to get used to it.. to ignore the sector would be a mistake but to trade smart and not hold overlong positions in this sector. There are some that I would hold but others like XCIT, LCOS, AMZN I would relegate to 2-3 day holds at a time. You should look at percentage gain and not how long you are holding in these companies.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News