Tuesday, July 14, 2015
Update: Intel ($INTC) earnings release tomorrow
We discussed a possible H&S top forming in Intel. Intel is set to release its second-quarter earnings tomorrow. I almost always exit my position before the earnings report no matter how promising the set-up. Staying with a position hoping for a favorable reaction to an unknowable earnings report is unnecessary gambling. Sometimes I stay with a small position if I have a favorable entry point or, more likely, my emotions have gotten the better of me. Remember, there will always be other opportunities.
Posted by Brian B. Kim at 8:25 AM