In this video I discuss my thought process for shorting DRI after they released their earnings report. This follows a video from a few weeks ago in which I shorted RHT. Understanding the catalysts where an earnings gap is likely to fail can help you increase your win %. Add these to your playbook if they make sense to you. Steven Spencer is the … Read More
$FB – Gap and Go Trade
Here is an example of a pro trader breaking down a Gap and Go Trade in $FB the day of earnings. Mike Bellafiore The PlayBook One Good Trade no relevant positions
Gap Study: a Simple Exercise in Market Analysis (part 1 of 3)
Some basic background on applying quantitative thinking to market problems.
Trading Gap Downs on Earnings Day
Every morning I scan through several news sources and rip through charts and screeners to find the best intra-day trading opportunities. The best setups are usually in stocks that have decent sized gaps (anything more than 5%), and have some fresh news (earnings/guidance, upgrade/downgrade, etc.) Today, although I had a few stocks on my watch-list, I decided to focus on … Read More