Friday the 13th

Discussion in 'Trading' started by Liberty Market Investment, Jan 13, 2023.

  1. [​IMG]
    Friday the 13th is always superstitious for traders and many are wary of working on such a day.
    But for investors and traders who trade on days when companies release quarterly reports, today is a good time.

    • UnitedHealth (UNH).
    • JPMorgan (JPM)
    • Bank of America (BAC)
    • Wells Fargo & Co (WFC)
    • BlackRock (BLK)
    • Citigroup (C)
    This is a list of banks and financial companies that will release quarterly reports. Almost all of the list will report before the market opens.
    Keeping an eye on these reports is necessary both for investors and those traders who trade indices that include these companies.
    For super volatility and directional price reaction as a result of the report not meeting investors' expectations - it is enough to show a slightly lower than expected profit and it will be a strong short-term catalyst.

    I recommend comparing last quarter's performance with the current report and disregarding the "forecast/expectation" value - as this value is often used in advance for a predicted reaction.

    Author / trader Mikhail Lemach
    If you have any questions: mihaillemah@gmail.com
     
  2. Is there a good calendar for tracking the exact time/date for such releases?

    I keep track of news in my economic calendar, but it doesn't contain earnings which we've seen this year can move the indices.

    Thank you.
     
  3. p0box4

    p0box4

    https://www.nasdaq.com/market-activity/earnings
     
    Laissez Faire likes this.
  4. p0box4

    p0box4

    I am not sure if there is an exact time available.
    All i know of is either pre market or after market.
     
    Laissez Faire likes this.
  5. maxinger

    maxinger

    Very likely, the market is going to be very quiet.

    Look at today's European market; it is very quiet.
     
    Last edited: Jan 13, 2023
  6. Pekelo

    Pekelo

    The US is driving the European market and not the other way around. Big meltdown incoming.
     
  7. GoldDigger

    GoldDigger



    I doubt if any of them provide an exact time,
    the calendar at the link below provides a call
    time, that is all.

    https://finance.yahoo.com/calendar/earnings
     
  8. Branos

    Branos

    I never trade on Fridays 13th. It’s not any kind of superstition, but my tradition. On such days I relax and watch horror movies.