As we just finished up the second biggest week of earnings for Q3 the coming weeks will see fewer names reporting, but that doesn’t make them unimportant. Some big names will hit the confessional this week including CSCO and NVDA. The biggest story may be GMCR, which has been the poster child of controversy and bear reports. They will deliver earnings Wed evening and I have a good play on this for earnings. The sample is not all that appealing this week as in prior weeks but there are some that look worth a shot. Among these are WTW, which is a play we currently have working. ROVI was a big hitter in previous quarters while STEC has built a nice base after getting punished last time out. Others that may offer good movement include AAP, IGT, LIZ, and PANL. Among my most desired plays is NVDA and MCP.
For Monday there is not much that is appealing but Tuesday I am favoring call plays on STEC, WTW and ROVI. I’ll have a chart and specific play idea up by Tuesday (before earnings). Later in the week we’ll talk Green Mountain, MCP and NVDA.
Let’s make lots of money together!!
Talk with you later in the week! Make sure you are following the twitter stream, this is a MUST!