I just wanted to send out a quick reminder about a webinar that I'll be conducting with EarningsBeats.com President and CEO John Hopkins. It starts in roughly an hour with the webinar doors opening as the stock market closes. I will be discussing trading strategies during earnings season and I'll provide a brief analysis of current market conditions.
Here's a sample of a trading idea from an earnings-related gap created in November 2016. Exercising patience was important in this case as the top of gap support was tested just as the 50 day SMA was touched. Check it out:
January 23rd represented a great day for entry as the risk to the downside was very low, while THO had about 8% potential profit to price resistance - which it hit just three days later. I'll discuss this chart and others in more detail during the webinar.
You can CLICK HERE to register for today's FREE event. Plan to join the room early (between 4:00-4:15pm EST) if you can as there are capacity constraints and once the room fills, you won't be able to enter. Hopefully, I'll see you in an hour!
Happy trading!
Tom
