MINNEAPOLIS ( Stockpickr) -- Stocks are falling on Tuesday after European stocks plunged on Monday, an off day in the U.S. market for Labor Day. This comes after the market fell broadly on Friday after another disappointing jobs report. News that the economy produced a stunning zero jobs reinforced the idea we are spiraling toward another recession. The losses could have been worse.
Uncertainty reigns. I could paint a picture of the Dow rising 1,000 points or the Dow losing 1,000 points. We are truly at a tipping point that makes long-term buy-and-hold investing challenging at best. An alternative is to trade the stocks of companies reporting earnings results.
When a company reports earnings results, for a brief moment market direction becomes irrelevant. What matters are the numbers, and attempts to predict those numbers can lead to moneymaking trades, even if the overall market activity is completely unpredictable. It sure beats getting whipsawed, never knowing what hit you until it is too late.
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With that in mind, here are five earnings trades for an uncertain market.