Stock Trading Pro Tip: Check Earnings
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 Published On Mar 1, 2023

Stock Trading Pro Tip: Check Earnings
Pete Renzulli goes over another watched stock heading into this week, but carefully making sure he crosses off potential earnings being reported.

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Right. The simple pattern always leads to nice move, right? Be sure to watch it this week. Big thing here though, very important. I'm gonna actually highlight this cuz it's super, super important is know your earnings for any stock you're getting into. It looks like it has an earning schedule for this week, but this is the pattern that we're talking about.

You get this massive volatility spike and then it gets tighter and tighter. and tighter and tighter, and then coming at us. Now it might be because earnings is coming up. It might just be a technical pattern that's waiting to explode. Again, this stock should be in your watch list as something to keep an eye on.

This week, especially after earnings, now we get a lot of questions about, uh, trading, earn to earnings. Should I trade before earnings? Should I trade after earnings? If I have it during earnings? Should I add, what should I do? That kind of stuff. I personally, in our community, find it much easier to walk people through trading, earning.

After the earnings comes out, usually you'll get a drift or a echo in the direction of the earnings for a couple of weeks. And it just becomes a much easier trade than waiting for the earnings to come out. Guessing whether or not the expectations are going to be beat, how the algorithms are gonna interpret that when we can just kind of sit back again, have a nice cup of coffee and uh, wait for the earnings to come out, let the di let everything get digested.

And then you have a line in the sand. And if you're not sure what I mean by line in the sand, I explain that in. Daily ticker as well. So again, you could download that below the video. So ai, the stock AI has earnings coming up and this contraction and volatility, both of those catalysts should lead to the stock being a really, really nice move.

So if this stock and earnings are bullish and we start to see a rally, the last significant move in this stock, the stock almost doubled. And obviously AI is a very, very hot topic right now. So something that is going to be a big part of my watch list. This.

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