Only about 8.5% of the S&P 500 companies have reported third-quarter earnings so far. Of them, 74% beat their estimates, both on their top and bottom lines.
But in my 30 years of trading, I’ve seen plenty of instances like this where even after a good earnings report, the stock gets hammered by 10%, 15% – even 20% – in a single day.
And it happens because of bad guidance given by the Wall Street analysts.
Now they’ll try to tell you which way a stock will move before the announcement comes out…
But the truth is, they don’t know any more than your local mail carrier does.
The good news is… you don’t actually need to know.
You can cash in on any company’s earnings report – good or bad – using two simple strategies.
And both of them offer unlimited cash potential…