Rolling the Dice on Three Names
Are you ready to roll the dice today? These three names, frankly, are probably total crapshoots, but they have the characteristics that earnings traders look for when making trades. I see big potential moves in Joy Global (JOY), Pandora (P) and The Fresh Market (TFM) . Trends look terrible for P and JOY while TFM has been super strong and we've already seen a big move higher in Whole Foods Markets (WFM). So what to do?
The higher probability is with the trends; however, the high rewards, the higher payoffs, those big lottery-like scores are counter trend on all these. In fact, I think a trader could be wrong on two and still make enough on the third (if he plays it right) to cover the losses on the other two and even book a gain. But if you have high blood pressure, well, this these trades are probably not for you....346 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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