Earnings season is one of the most exciting times on Wall Street.
Thousands of publically traded companies hope to impress investors with their quarterly financial reports. In the same vein, retail traders often look at this event as a chance to ride quick price moves, especially if the company beats analysts' earnings per share (EPS) expectations.
If a company can produce higher numbers than external forecasts, they are likely to turn heads. And while it's important to note that traders and investors should carefully consider the entirety of a company's quarterly report, EPS is often the key performance indicator.
You may think that a stock price would jump every time a company delivered an EPS above analysis' estimates. But, solid earnings announcements don't always translate to big stock moves... sometimes, they can do the opposite. Continue reading "What Is An Earnings Surprise?"
Today we've asked our friend John Seguin to discuss his groundbreaking trading strategy. John has been member of the Chicago Board of Trade (CBOT) since 1986 and is a seasoned veteran of the trading floor. Working as a broker and analyst for dealer firms such as, DCNY, Greenwich Capital, Sanwa Bank and FIMAT. During his tenure in the trading pits, John began working on an enhanced trading system to address the key components needed to enter high probability trades with defined risk. When industry migration from floor to screen began to unfold, he also took the challenge of producing sound and timely trading strategies for off-the-floor traders to task seeking alternative methods to fill the void of real time information floor traders were able to collect from watching order flow in the trading pits. John has agreed to give our Trader's Blog readers 
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