Hey coach... Mind posting an AAPL chart with annotations so it may help those (like me) who are still not getting the points 1 2 3's. Advance thanks...
Ignore my previous post. Sometimes, when I log onto Qcharts, I snag a crappy data server, which gives me incorrect data. Clearly, Feb 21 is the all time high. Thanks for bringing the error to my attention. - Spydertrader
My pleasure - Just wanted to make sure MINE isn't wrong. Good call on this btw, as usual. I think it's taught me a good lesson. I've been over trading, thrashing around trying to get any little move. As a result, I get tied up in a stock that's got a 'wrong' formation - top of channel, price lower than yesterday, etc, and been ending up overlooking stocks like JADE. As a result, I think it's time to be more selective, and take only those that have better technicals - like JADE. Thx again for the journals - awesome work AND paitence....
I took this from my ESignal news service concerning JADE: Corporate Announcement: LJ International, Inc. -------------------------------------------------------------------------------- Thu May 10 17:41:12 2007 EDT May 10, 2007 (Wall Street Horizon via COMTEX News Network) -- Earnings Quarter: Q4 Next Earnings Date: 5/17/2007 Announcement Status: Unconfirmed Announcement Time: Before Market Last Confirmation Date: 5/9/2007 - Huskydog
Spyder, do you find that earnings tend to be strong and add a pop (like jade for example) to trades you are in or watching? or is it still advised for beginners to avoid trading stock's with upcoming earnings releases? TIA
I encourage you to review the previously posted material within all the Journals, as I have answered this question on more than one occasion. - Spydertrader
If SPyder and the other folks dont mind, I dont want to veer off track.... Also I dont have the detail Spyder has since I look on the larger level and also trade part of the day but would not mind doing it as it might help me way more than it helps others lol.. SPyder is it ok if I include some intraday AAPL?
Please do. Using the same methods on a different time frame definitely falls within the scope of the discussion. In the past, Gooch87 often posted his charts (he traded Equities on the five minute as well - before heading off to work). Thanks in advance for sharing your insight. - Spydertrader
sorry to make you point those out. i think i asked the wrong question. do you tend to treat the stock's with earnings announcements differently then the other stocks as far as buying oppurtunities are concerned? all things being "equal" would you choose the stock with an earnings announcement over one without an upcoming, potential catalyst? thanks again.