Earnings are out from MON (Materials/Agriculture) , WWW (Textiles/Apparel), COST (Retail), FDO (Retail) and AYI (Home Furnishings).
Based solely on the pre-market reaction, the reports look good and all of these stocks are headed higher (except WWW which is not yet trading). While none of these names carry the weight of a GE or Fedex in [...]
More on this topic
(What's this?)
Costco Breaking Out on its Fifth Attempt (COST)
(Epiphany Investing, 8/27/09)
Bookkeeping: Short Costco (COST)
(Fund my Mutual Fund, 9/8/09)
THE 8 BENEFICIARIES OF FURTHER COST CUTTING
(THE PRAGMATIC CAPITALIST, 12/17/09)
A trip to Costco
(The Mess That Greenspan Made, 8/28/09)
Earnings season is often a great time to trade because it provides a catalyst for many stocks to be temporarily mispriced. Some stocks go through the roof and get way overbought on the euphoria of an earnings report. Sometimes it is even coupled with upgrades on the same day or within the days after the [...]
More on this topic
(What's this?)
The Secret to Profiting from Earnings Reports: Buy High… Sell Higher
(Investment U, 10/21/09)
Manipulating earnings
(Canadian Business Blog, 2/24/10)
THE EXPECTATION RATIO HITS A TWO YEAR HIGH
(THE PRAGMATIC CAPITALIST, 10/20/09)
UPDATE: THE EXPECTATION RATIO REMAINS FIRMLY BULLISH
(THE PRAGMATIC CAPITALIST, 10/13/09)
