Discover: An Overnight Trade with Potential

DFS)

Analysis: Discover Financial has had a great run in 2010, and the stock is looking strong moving into earnings. That situation tends to not be where we like to invest and trade. We are more of value trades rather than momentum traders. Yet, DFS presents some momentum that is pretty abounding and could send this stock much higher tomorrow morning if the earnings report is good from DFS (and it should be).