JP Morgan Chase & Co. (NYSE: JPM) reported better-than-expected revenues this morning, kicking off 2019 first quarter (Q1) earnings season.
Now, despite volatility, we’ve had a pretty good run in the market this year. Interest rates have come down, wages are higher, and all three major indices are closing in on records after major gains since January.
But when it comes to earnings, we’re always looking at the potential for a major reversal – one that could wipe out all of your hard-earned cash.
So today, I’m going to show you the two best ways to avoid losing money on earnings results…
The first is this one very simple strategy, which gives you the know-how to potentially cash in on any company’s earnings report – good or bad.
And click here to find out the second…
How to Turn a Triple-Digit Profit Whether the Market Goes Up or Down
Earlier this year, the financial news networks were boasting a bullish earnings season, expecting around 3% growth to the overall market. Towards the end of March, however, the pundits started singing a different song – now, they’re calling for a 4% drop instead.
If that happens, then it would be the biggest decline in earnings that we’ve seen in almost three years.
To give you an idea of why the taking heads are going on and on about this, 2018 was the worst year for all major indices in a decade – and the majority of those losses came during a vicious December. It all led up to the infamous “Christmas Eve Massacre,” when all indices had dropped at least 8.7% for the month.
It was the worst December since the Great Depression, and it was all happening amidst the ongoing U.S.-China Trade War and the longest government shutdown in U.S. history. So, sentiment was low for Q4 earnings. Expectations weren’t high, and investors were prepared.
Now, the Dow Jones is up 12%, the S&P 15%, and the NASDAQ a whopping 20%…
But Q1 earnings are about to hit this market hard, for better or worse- and it could take down investors’ portfolios along with it.
Now, you don’t want to go out and move your money on this news. Just a little bit ago, we talked about why you should never trade on emotion.
Really, it doesn’t matter where Q1 earnings take the market. Because we always have a way to make money, no matter what – as long as we follow these three steps:
- Spot the opportunity.
- Create the low-risk trade.
- Plan, execute, and manage.
By doing this, we can make money every single time – no matter if earnings take the market up or down.
In fact, just next week my Money Calendar Pro members are going to receive what could be an earnings pick – and it could deliver some through-the-roof gains.
Learn how to get on the list to receive it right here.
I’ll talk to you soon…
Tom Gentile
America’s #1 Pattern Trader
