Can MarketClub's Trade Triangle Technology Predict Earnings?

Posted on by The INO.com Team

Today, I'm going to investigate whether or not MarketClub's Trade Triangle technology can predict stock earnings.

To do this I randomly chose 7 stocks that just reported their Q3 earnings. Here are the rules I followed for taking or not taking a position in a stock before a company announced its earnings.

Long And Short Rules

Use the Trade Triangle technology to determine how you would have been positioned in each stock before they announced their earnings. You are looking for uniformity between the monthly and weekly Trade Triangles, i.e. a matching monthly and weekly green Trade Triangle would indicate holding a long position before an earnings announcement. Conversely, a matching monthly and weekly red Trade Triangle would indicate holding a short position before an earnings announcement.

Sideline Rules

When there is a conflict between the weekly and monthly Trade Triangles, a sideline position is in order. For example, if a monthly Trade Triangle is green and the weekly Trade Triangle is red, it would indicate a sideline position.

Here are 7 stocks that just announced their earnings:

Facebook Inc. (NASDAQ:FB) - monthly and weekly green TT's (expect better earnings) - Hold Long Position
Celgene Corporation (NASDAQ:CELG) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines
QUALCOMM Incorporated (NASDAQ:QCOM) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines
Marathon Oil Corporation (NYSE:MRO) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines
CenturyLink Inc. (NYSE:CTL) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines
Bojangles' Inc. (NASDAQ:BOJA) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines
Lannett Company Inc. (NYSE:LCI) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines

Let's see how this strategy works today after the close with these three stocks.

The Walt Disney Company (NYSE:DIS) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines
News Corporation (NASDAQ:NWSA) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines
Monster Beverage Corp. (NASDAQ:MNST) - monthly red and weekly green TT's (expect flat to lower earnings) - Sidelines

In today's video, I will review all of the above stocks and update you on the last three stocks to see if there are any last minute changes.

Stay focused and disciplined.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

2 thoughts on “Can MarketClub's Trade Triangle Technology Predict Earnings?”

    1. I realize this but here's what I noticed I gold monthly weekly and dailies in gold stocks green triangles but the one annomally was the dollar price which drove it down plus I get faster readings in movement from my td Ameritrade account I do like your service but their are no earnings on the the chart I am new and if u you truly have a service to help shoot me the number to guide me thank you to

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