Thursday, July 03, 2008 2:23:30 PM
Did BBY have an Early report this month?
It seems only two months ago it had it's earnings out 4/30 and on the calendar I see again on 6/17?
Really disappointed in myself as this was a classic example of a stock to have a sell on it's report. I was discussing a potential trade scenario with someone after the first week of the month anticipating the earnings would be out in July. I didn't plan to look at it again until this week.
My mistake, ugh.
Tops in July, Oct, Dec, Apr and June were all runnups ahead of earnings reports, which sold on the report. This is an example of repeating patterns you want to watch for in reviewing potential earning plays.
If anyone has stocks they are interesting in targeting a trading plan for earnings then feel free to post or pm me.
Good Trading Everyone!
It seems only two months ago it had it's earnings out 4/30 and on the calendar I see again on 6/17?
Really disappointed in myself as this was a classic example of a stock to have a sell on it's report. I was discussing a potential trade scenario with someone after the first week of the month anticipating the earnings would be out in July. I didn't plan to look at it again until this week.
My mistake, ugh.
Tops in July, Oct, Dec, Apr and June were all runnups ahead of earnings reports, which sold on the report. This is an example of repeating patterns you want to watch for in reviewing potential earning plays.
If anyone has stocks they are interesting in targeting a trading plan for earnings then feel free to post or pm me.
Good Trading Everyone!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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