Standing Aside for Earnings

Those of you who’ve been reading me for a while know that I usually take off these two weeks of heavy earnings reports. (There’s just no way to get an edge on how the market will react to all the earnings/guidance.) I won’t be doing my usual swing trading during this earnings period either, but I will be looking for some daytrades. It looks like the security plays (IPIX, TBUS, VISG, etc.) will be where the action is again today.

As for the NASDAQ, I still think that the ‘jobs report’ gap from 2 Fridays ago will be filled.