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June 19, 2013  Wed 7:31 AM CT

ADBE: SEE CHART GET CHAIN FIND STRATEGIES

Earnings Better Than Expected

Adobe Systems earned $0.36 a share in the second quarter, beating the $0.36 average analyst estimate. Guidance was in line with expectations but the big news is that customers are accepting management's shift to a subscription-based revenue model. ADBE climbs 8 percent before the bell on my tradeMONSTER platform.

Weak Mining Hurts Tetra Tech

Tetra Tech forecast a third-quarter loss of $0.30 to $0.50 a share on revenue of $440 million to $490 million. It had previously expected profit of $0.32 to $0.42 and revenue of at least $525 million. TTEK, which cited weakness in Canadian mining for the miss, drops 12 percent in early trading.

Pool Lowers Guidance

Pool Corp. lowered its full-year earnings guidance because of a cool start to the summer. It now sees profit of now more than $2.13 a share, down from its earlier predicted range of $2.13 to $2.23. POOL declines almost 6 percent in the premarket.

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Options Academy: Ron's Risk Calculation--A Real Life Example

It is rare that I get a chance to give a real-life, real-time example in my articles that the readers were not only following but were actually involved in at the time the event is happening. Well, that is where we are right now in our QQQ trade from last week. Let's recap the trade itself.

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