It’s earnings season again. Yup, time to treat my trading account like a Texas Hold’em table in Vegas… I’M ALL IN!  Looking back, it’s amazing how many bad hits my account took before I realized that it doesn’t pay to hope.  These days, I tend to avoid holding into earnings and instead, I focus on the markets reactions.

Here is a glimpse into the majority of my positions.  It’s been an epic year, but I expect trading to get a little more difficult into the back half of 2017.

C, WCN, VYM, AMD, SBUX, USO, BOTZ, AAPL, LMT, NFLX, IBB, FB, SYK, DXTR (spec), DRYS (spec), MU, EEM.  

I’m currently up over 8% in Citi despite the post-earnings pullback.  It was one of my rare hold-through-earnings positions, but it’s starting to make me nervous.

My surprise winner is EEM. I keep tightening the stops, but it keeps on climbing.  It’s been a fantastic add on every sma50 pullback this year.

EEM Daily

IYT has been steadily climbing since mid May. I’ll have to admit that I’ve missed out on most of this run and would like to see a pullback to improve my risk-reward.

ITA continues to trend higher and offer good risk-reward entries around sma50.  I love this sector and gobble up individual stocks whenever I can.  I’m currently long LMT.

TAN is on fire – see what I did there?  Solar stocks are becoming great pullback buys if you can get them.  My faves are FSLR and SPWR, but others have produced massive returns this year.  Remember back when traders said you can’t make money in solar if oil is under $60?  lol

For Monday, I plan to evaluate my positions throughout the morning and watch for money flows.  It’s not likely I’ll make any trades until the afternoon, work permitting.  Stay nimble and avoid gambling… you DON’T KNOW what the earnings numbers are going to look like. Guessing right doesn’t make you a good trader.