- HX TRADER
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- Volume 1 - Issue 31 - August 28, 2024
Volume 1 - Issue 31 - August 28, 2024
Shopping Online for Cheap Profits
Earnings season is usually a good time for our TRADING strategies, including this one – HX Trader.
When you take a step back and think about it, the idea of reporting four quarterly earnings is a bit strange.
In the real world, you own a business and look at the cash register daily. Even if you only own a stake, you are likely to get monthly reports.
In the stock market, these reports only appear once every three months.
This knowledge “gap” can lead to big reactions when the data comes out. Many of those are OVERREACTIONS, and those present opportunities for our strategies.
Although earnings season is ending, there are still a few companies reporting and one of these is giving us a nice set up.
We see a chance to go online and buy some cheap profits!
Here is the idea…
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