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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: David_I who wrote (103831)	6/23/2000 12:28:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

Earnings Calendar- Opportunities for appreciation between when they are added to the calendar up to just before the earnings date? - Or that there?s just a higher chance for some sort of positive/negative movement than for others and to be on the look out for movement? - Or are the listings in the calendar mainly a ?heads up? on what may eventually be called out in a future Watch List between then and the earnings date? (ie act early if you want to but will be listed in the Watch List and/or called out on the SI thread.) When should one make use of and act on the information in the earnings calendar? As soon as something is added to the calendar. For example the night TIBX was added to the calendar last Thursday, it popped already on Friday and it was called in the morning. TEK was called as it "popped" as was EMMS, etc. NUHC and SSTI were 'anticipated' because of the expected pop that was (NUHC) and will be (SSTI) its earnings report. We won't always put calenar entries into a watch list unless we have a bigger span until earnings. That is why we already played a handful of "July 3rd Earnings Plays" They had ample time to be on the watch list and trigger. Entries for june 22 have to be acted on almost immediately but that's okay because calendar stocks trigger more than once. The July 3rd watch list entries will most likely trigger even closer to their report date once again. For example since we had Earnings Plays for June 22, running concurrent with the watch list for June 22 the earnings play should be on "ALERT" simple because june 22 would signify that the stock is getting very close to its "moment of truth".. That move to the upside or down will happen 100% for sure and that's more than you can say for a stock in consolidation. An earnings play will NEVER be in consolidation 1 or 2 days before the report and after the report. It can't be treading water when you might expect the CEO on CNBC or any really good news (like TIBX) to come out. Can you see ORCL and TEK trading 1/2 point the days before earnings? A stock goes on the earnings calendar when these two criteria are met: FUNDAMENTAL CRITERIA A) Earnings and/or Revenues are expected to be in the upper 90% percentile of stocks in the entire universe of stocks B) The stock is expecting its first positive quarter TECHNICAL CRITERIA The technical rank of the stock is looking fair (at least not a negative rank), not excellent. We might put in a stock that is trading at the low end like AGIL, or PUMA simply because the stock is expected to reverse a prolonged downtrend and rise from its ashes like a Phoenix. These stocks have a 50/50 chance of hitting a buy trigger. 2) Technical Rank is good. A stock that is robust both technically, and fundamentally is usually a really good hold AND daytrading stock. For example we have enjoyed stocks like TLGD, MRVC,ITWO,SEBL,RFMD,CREE, TQNT, KLAC, MERX, NVLS, PHTN, FLSH, SMTC a lot longer than "one day wonders" like VLNC or NWLL etc. These stocks have a 95% chance of hitting at least one buy trigger. Usually the only thing wrong with the stock is that the Accumulation/Distribution rank is low therefore money is just not flowing into it. We also follow earnings play until after the report and then they find their way into our watch list for repeat plays (i.e. NEWP, TLGD, ELNT).. If you think of the earnings calendar as a FUNDAMENTAL screen first and only then a TECHNICAL screen you will understand. The WATCH LIST is first and foremost a TECHNICAL screen. You can have your walking wounded stocks there. As long as there is momentum it could be a trade. It might not have any fundamental rank worth mentioning. We have a higher number of fundamentally strong stocks on our watch list that other daytrading forums, simply because from experience they have large intraday price ranges, can be held as a swing trade or even a position trade if the market indicators are positive. You might not be disturbed holding a "TEK, KEI or MERX" for a few weeks where you would be disturbed holding a CRDS or NIKU