Are You Ready?

Folks - earnings season is right around the corner. 

Events like earnings, at times, provide outlandish risk:reward opportunities. 

Post-earnings drifts are tried and true. We have the data to back it. And humans will continue to behave irrationally. This “information digestion” delay is our opportunity. 

Looking back at my career, my biggest winners are often found on the back of earnings gaps. 

I can remember $LULU breaking out of its 6-year base in 2018 after its March earnings release. 

Or even $TSLA - its first profitable quarter, posted in October 2019, led to a historic run from 20 to 400. 

This week, the major banks kick off the festivities. Here’s a great visual via The Beat Report. 

In case you missed, SMTV hosted a virtual chart summit with the industry’s top technicians. 

The conference is over, but you can still register and receive access to the complete livestream, as well as each individual presentation and accompanying chart deck. Click here!

Disclosure: This is not financial advice.