Tuesday, April 13, 2010

Toes in the Water

Check earnings dates before taking any of these trades. They are about evenly split between longs and shorts. The market hasn't decided yet with A's putrid numbers that were more like a pig with lipstick. Today however, INTC blew out earnings, however it's all about sentiment. AA got slightly spanked today, INTC will probably be rewarded tomorrow, but the question is not what did they do, it is what will they do and today's report might be a hard act to follow next quarter.

So I've listed a few trades that looks decent whichever way this thing breaks. Interestingly, financials didn't look great....

There may be some targets there or some double ETFs.

Remember, it's earnings, if you have to trade, do so cautiously.