Hot Catalyst Calendar This Week:

by | Jul 23, 2024

Hey traders, it’s Bryce here.

We’re still in the middle of earnings season.

Last week’s 180%* earnings spike from Yoshitsu Co. Ltd. (NASDAQ: TKLF) is still fresh in my mind. Take a look at the chart below:

TKLF chart multi-day, 1-minute candles Source: StocksToTrade

Stocks that announce bullish revenue data can offer HUGE trade opportunities. And this week there’s a lot of data coming out.

See the screenshot below:

Source

Now, most traders understand the importance of earnings season and the resulting trade opportunities. But very few people are trading them correctly.

These earnings stocks WILL offer profitable trade setups this week … 

Make sure that you know how to capitalize!

Earnings Setups

Traders who wait for the data to come out are automatically at a disadvantage.

Small-account traders like us, we’re small fish in a big ocean.

Wall Street’s been playing this game for years. Decades!

They have high-frequency trading algorithms and massive trading bots that react faster than we could ever imagine to this week’s earnings announcements.

To gain an advantage, we need to approach these setups a little differently … 

It’s true: There’s no way of knowing the exact earnings details of a stock before the data comes out.

But, traders who pay attention to the right data leading up to an announcement can estimate a stock’s earnings before the data actually comes out.

For Wall Street, this is a dangerous strategy. Let’s say they make the wrong call, they’re own MASSIVE position could drag the stock lower.

For those who trade with small accounts and small positions … This is a perfect strategy.

We’re more agile when we trade with a couple thousand dollars, compared to Wall Street’s multi-million dollar positions.

Everyone’s got a strength and a weakness in the market. As small-account traders, this is our market advantage!

We can build positions on upcoming earnings winners without weighing down the price action. And when the stock starts to spike with bullish data, we can take profits without issue.

The #1 earnings strategy we’re using to trade right now: Sign up for the LIVE tutorial session this Thursday at 8 P.M. Eastern.

You can use this strategy EVERY earnings season.

Learn it once and then recycle the information to catch the newest runner with bullish revenue data.

Cheers,

Bryce Tuohey

 

 

*Past performance does not indicate future results