Earnings Season: What to Know Right Now Before Making a Trade

Posted On October 11, 2019 1:25 pm
By: Steve Smith

It’s that time of year again; earnings season. Things will officially kick off next week when big banks such as Bank America (BAC) JP Morgan (JPM) report Monday and Tuesday and then move into some big tech such as Netflix (NFLX) and IBM (IBM) on Wednesday afternoon.

After a few months of being waffled and swayed by political trade talk and Central Bank interventions, it will be nice to hear directly from the corporate leaders about how their companies are doing and what their expectations are heading into 2020.

Given the above cross-currents, this could prove to be a very pivotal quarter as to whether the economy can maintain its expansion or risks slipping into a recession.

But… Continue reading at StockNews.com

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About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.