Tuesday, October 5, 2010

Earnings season just around the corner

First up markets finished lower and internals finished weaker but cumulative ticks managed to hold at 12pm and trend sideways the rest of the day finishing at -25,000 which can be considered insignificant.

Just a note that earnings season kicks off soon with Alcoa this Thursday so I'll be looking at doing some earnings plays mainly taking advantage of the skew that develops in the options of earnings companies. I'll post a few dates with some possible candidates in my next post.

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