From my book "Complete the
art of investing", there are two strategies on earnings. It is supposed
to make millions for my children but they are not interested in
investing. You either hate or love what your old man do.
1.
Buy the stocks with earnings announcement soon with Zacks rating 1 (the
best) and short those with Zacks rating 5 (the worst). BTW, Zacks
rating is free for individual stocks
.2. After the
earnings announcement, Google the company every second or so. If the
earnings is good, buy it fast with market order. If it is bad, short it.
Do
not be greedy and set a limit on loss. Do not call me if the trade is
good or bad. In addition, check insider transactions and SMA-20%. I use
Finviz.com.
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