Earnings Season
Posted on Sunday, July 13th, 2008 | In Current Market News, Stocks to Watch
Contributed by: Brian Shannon (http://alphatrends.blogspot.com) -
begins this week and with options expiration on Friday it is almost certain to continue to be a very volatile trading environment. The charts below are of some of the more interesting (influential) companies due to report this week. Remember that news and surprises tend to follow the direction of the trend, but speculating on earnings reports is a very risky bet. It is not your interpretation of the headline which matters, but the market reaction to it. It is interesting that ABT and JNJ look setup for a break to highs not seen in at least the last 10 years. The only way I would consider playing any of these stocks before earnings is with options. The release day and time comes from www.briefing.com.
Last 5 posts by Brian Shannon
- Stock Market Video Trend Analysis 3/9/09 - March 9th, 2009
- Stock Market Video Trend Analysis 2/6/09 - February 6th, 2009
- Stock Market Video Trend Analysis 2/5/09 - February 5th, 2009
- Stock Market Video Trend Analysis 2/3/09 - February 3rd, 2009
- Stock Market Video Trend Analysis 2/2/09 - February 2nd, 2009
 About Brian Shannon (http://alphatrends.blogspot.com)
Brian Shannon is a full time trader who shares his market experiences on the highly popular alphatrends.blogspot.com site. Alpha trends has been called "the youtube of technical analysis" by Technical Analysis of Stocks & Commodities Magazine (March 2007) and has been praised in Barron's (October 23, 2006) and Active Trader Magazine (July 2007). Brian trades an account at www.worldcupadvisor.com since March 2006 and in that time has more than tripled the results of the S&P 500. He can be reached at alphatrends@gmail.com |
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