Before you read further, earnings has 50/50 chances, so I will be as much wrong as I may be right and therefore pls do you own due diligence before taking a dive with any of the names I am going to mention. Also pls double confirm timing of announcement.

Here are some potential ideas for earnings tonight AMLN, ELS, INFY, JBHT, NG, and before market opens tomorrow, ADTN, FRX, IIIN, JNJ, MTB, NTRS, PII, RF, SSW, STT, USB.

We’ll see what does INFY say about IT spending, bearish position is fine, while ruppee’s strength may boost profit for short term (IT contracts are long term) but long term it may hurt business, the surprise element could be if they branched out something else/somewhere else? JBHT doesn’t offer much move, even though I am bearish due to oil cost, it’s not worth the pack. JNJ is ok for slightly bullish (materials and oil cost might squeeze margins) but MTB probably has good chances for bearish win. Polaris has gone-up probably due to recent upward trends in earnings for the current quarter, but what will really matter is the outlook. RF seems to have pretty good chance of losing grounds tomorrow.

CBSH and WABC will be announcing during the market hours. It’s easier to play intraday on the companies that announces results during market hours. WABC may offer some intra-day opportunities.

Pls do your due diligence before diving in. I had suggested some approaches how to play for both side. You may want to revisit.

Profitable trading, OP