The earnings season starts this week! Here are the reports I will look into and how the stocks performed historically, 1 day after the earnings release.
My favorite earning plays this week are
$MS and
$BLK.
JP Morgan $JPM - April 13th before the open 1-day performance in the past 12 quarters:
- Average returns = -0.6% 🔴
- Average price move = + / - 2.4%
- % of positive returns = 42% 🔴
Blackrock $BLK - April 13th before the open 1-day performance in the past 12 quarters:
- Average returns = +1.2% 🟢
- Average price move = + / - 2.9%
- % of positive returns = 67% 🟢
Delta Air Lines $DAL - Apr 13th before the open 1-day performance in the past 12 quarters:
- Average returns = -0.8% 🔴
- Average price move = + / - 2.5%
- % of positive returns = 42% 🔴
Fastenal $FAST - April 13th before the open 1-day performance in the past 12 quarters:
- Average returns = +1.4% 🟢
- Average price move = + / - 4.0%
- % of positive returns = 42% 🔴
Bed Bath & Beyond $BBBY - Apr 13th before the open 1-day performance in the past 12 quarters:
- Average returns = -3.0%🔴
- Average price move = +/- 14%⚠️
- % of positive returns = 42%🔴
Morgan Stanley $MS - April 14th before the open 1-day performance in the past 12 quarters:
- Average returns = +1.5% 🟢
- Average price move = + / - 2.0%
- % of positive returns = 75% 🟢
Goldman Sachs $GS - April 14th before the open 1-day performance in the past 12 quarters:
- Average returns = -0.4% 🔴
- Average price move = + / - 2.0%
- % of positive returns = 58% 🟢
United Health $UNH - April 14th before the open 1-day performance in the past 12 quarters:
- Average returns = +1.1% 🟢
- Average price move = + / - 3.0%
- % of positive returns = 58% 🟢
Wells Fargo $WFC - April 14th before the open 1-day performance in the past 12 quarters:
- Average returns = -1.7% 🔴
- Average price move = + / - 4%
- % of positive returns = 33% 🔴
Citigroup $C - April 14th before the open 1-day performance in the past 12 quarters:
- Average returns = -1.6% 🔴
- Average price move = + / - 2.3%
- % of positive returns = 25% 🔴