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POT quietly moved up quarter over quarter, with a few recent surprise earnings announcements. Not this quarter, everyone was all over the "potential big move", so they ran up POT to $220/share ahead of earnings. Only 1 place to go after the earnings announcement, down. POT is now in the $190's as of this post, and thats $30 in just a few days.
FSLR had a block buster quarter last go around, and spiked up $50 pts after the earnings announcement. The stock price was consolidating ahead of the earnings announcement, which helped create the "surprise" upside move.. But since March, FSLR has moved up almost $100 pts, to near $300/share. I suspect, no matter how good the news is from FSLR on wednesday, it will not be a big upside move, as it has already been priced in..
VLO reports tuesday, and the chart suggests bad earnings will be reported. So where is the surprise when the announce? To the upside, because if they report terrible, it's priced in. If they don't report terrible, well then, its not as bad as first thought..
tb
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