Put AIG on the Watchlist

We're going to be looking at some earning's plays this weekend, I can tell you that.

Take a look at AIG

 AIG gapped on earnings and gave up 6+% on guidance today, just like one of our short candidates, AMAT...

 AMAT did the same thing, a little more extreme though and they both showed that there was funny business before earnings.

 3C is acting quite normally on the AIG 5 min chart, following price as it normally should, until about a week before earnings, it then broke character and went leading negative.

 The 30 min chart shows some accumulation areas, and then a large distribution area in to earnings.

The exact same on the 60 min chart.

So I'd have AIG on a watchlist and we'l see if there's a decent tactical entry as I suspect it will act like AMAT and I don't think AMAT has even really started yet.