Traders know that you typically have to own a stock prior to its earnings report to make money if it reacts positively because most of the gains occur after hours or in pre-market trading immediately after the numbers are released. What we try to do is find stocks that investors can make money on after the numbers are released so they don't have to risk a big earnings miss, which can happen just as easily as a big beat. Our Interactive Earnings Report Database (available to Premium Plus members) helps investors find stocks that consistently move up or down during regular trading hours after the initial move that occurs after hours or in the pre-market.
With IBM trading up more than $2 in the pre-market on a stronger than expected earnings report, we searched the Interactive Earnings Report Database to see how IBM typically does during regular trading hours when it opens higher following its quarterly numbers. Should traders buy at the open because it usually continues higher or should they get out immediately? Since the end of 2001, IBM has opened up between 1% and 5% on report days 11 times. During regular trading hours (9:30 AM ET to 4 PM ET) on these days, IBM has averaged a decline of 0.31% (median -0.24%) with positive returns 45.5% of the time. Based on these numbers, IBM has gone down from the open more often than it has gone up on days similar to today.
Below we provide more info on how to buy and use our Interactive Earnings Report Database.
There's no way better to prepare yourself for earnings season than with the Bespoke Interactive Earnings Report database.
This database provides detailed earnings analysis for nearly 3,000 stocks. We take the analysis to the next level by not only highlighting how the actual reports compare to analyst estimates, but also how the stock price reacts to the report. Users of this database can easily find how a stock or basket of stocks typically reacts to earnings in order to prepare themselves for future quarterly releases. Traders can also see how stocks trade after gapping up or down on earnings to develop trade ideas. If AAPL opens down $2 on earnings, what does the stock typically do next? This database can answer that question and much more for the majority of US stocks that trade today!
Please click the link below to view a sample of the database. The sample database allows you to pull up earnings information for four stocks -- AA, GLW, MMM, and QCOM. Simply enter each of these tickers in the small green box and press enter on the keyboard. All of the company's historical quarterly reports going back to 2001 will then populate. Remember, the full database contains this info for nearly 3,000 stocks! If you own stocks, you should undoubtedly have this information at your fingertips when the companies report in the coming weeks.
Download Bespoke Sample Earnings Database.xls
The Interactive Earnings Database is only available to Premium Plus members. With Premium Plus, you'll get everything included in the regular Premium service, full use of all of our Interactive Databases, and much more access to the Bespoke research team. Click here or call 914-315-1248 to become a Premium Plus member and begin using our unique earnings database today!
Comments