Bin there, done that.. although probably not very well. I get no intellectual stimulation staring at a screen all day watching every tick, to much else to do. I just need a nice easy EOD system that provides moderate returns.
just thought it might be worthwhile to post it. Happy trading!
Below is a list of important quarterly earnings releases that are getting set to take place in the coming weeks:
Date Company EPS Estimate
Oct. 13 Hollywood Entertain. (HLYW) 0.32
Oct. 14 Bank of America (BAC) 1.69
BB&T Corp. (BBT) 0.68
Delta Air Lines (DAL) -1.52
Dow Jones & Co. (DJ) 0.11
First Data (FDC) 0.51
IDEC Pharma (IDPH) 0.26
Intel (INTC) 0.23
Johnson & Johnson (JNJ) 0.68
Merrill Lynch (MER) 0.84
Motorola (MOT) 0.03
Im looking to trade these stocks this week for swing trading and was wondering whether it would be too risky to place trades before the expected news in the hope that they will either gap up/down and increase profits from otherwise placing a trade after the news.
I know that in effect it is sort of gambling but looking at the fundamentals of these companies shows that some estimates far exceed previous earnings reports.
Your thoughts would be appreciated.