Trading Justice

podcast Join Tackle Trading's Gino Poore and Noah Davidson as they discuss the trickiness of trading during earnings while also covering market conditions for the week. In this Coaches Show audio replay, the Tackle Trading coaches cover more than just market conditions and economic news for the week. While market conditions were indeed covered, the focus was largely on trading through earnings. Earnings, a quarterly event where publicly traded companies post their performance for the previous quarter, causes waves for the stock in question, and sometimes even a sector. You can expect gaps up or down, but not necessarily in the direction you'd expect. Even if a company outperforms earnings, the price can plummet for a few days, or raise on news of underperforming. Simply put, it can be unpredictable. Newer traders are generally advised to trade with caution while keeping an eye on when earnings is coming up for a particular company they own, or even exit entirely while earnings is happening. Such decisions are left to the individual trader, but care is always advisable.   applogoapple logo_0034_stitcher tunein-logo  
Direct download: TJ147TradingDuringEarnings.mp3
Category:Podcasts -- posted at: 2:51pm MDT