Saturday, April 30, 2011

Stock Market Video - Earnings Setups for First Week of May 2011

Hi, traders.  In this video, I review the earnings setups that worked well last week as well as some that I took losses on this week.   I review some potential lessons in terms of identifying which stocks work better when buying gap-ups and also show the stocks reporting this week that look like they have potential to move if the reports are positive.   When you have stocks like ACOM making 25% moves intraday (and I did post that on Twitter Thursday after-hours at $36) you really need to pay attention to earnings releases and what to look for from them.

Hope you find the video helpful and informative.   As always, feel free to email me with questions or comments - I enjoy hearing from my readers.  If you like the videos, please take a moment to leave a review on Investimonials.   

2 comments:

Anonymous said...

HI Mac: great job! Do you still like REE, or does REE still look poised to break out? Thanks a lot! Elena

Mac said...

Hi Elena - I was in REE last week around $14.30 but got stopped out on Friday when it broke through its 9 day MA. It may still work but I didn't like the move Friday after moving higher Thursday.