It is embarrassing to see that one of the GLB stocks I posted in my new GLB tracker table , IPGP, fell 15% the next day. This brings up a very important lesson I teach my students. Always know the expected earnings release date for all stocks held or to be purchased. In these very volatile days, I usually sell my position before earnings day. Otherwise, I am merely gambling. On the other hand, those gamblers who held LNKD or AMZN through earnings were greatly rewarded!
2 thoughts on “3rd day of $QQQ short term down-trend; heed earnings day”
It is good advice to be aware of the earnings date of any stock you own or are considering purchasing. Big price moves up or down can take place
I expect a SPX bottom on Tuesday or Wednesday.