By the way, the live earnings conference call is at 11:30am ET (8:30 PT) today.
Not quibbling over time zone translation, just clearing-up for the peanut gallery... and my own east coast centrism... ;o)

EGO pre-market currently looks as if she will open lower this morning.
POG re-testing $1040s and overall equity futures point flat, if not down.
So it seems the jury will be out today as far as the "earnings trap" theories are concerned.
Maybe more buying opportunities below $11.

We shall see...

Happy trading,
AC