Quote from nyxtrader:
Explain this genius, why did aapl get rocked last earnings season? They didn't beat by enough. That is why, they have a record of beating by 20 anything less than that is not looked at well.
Not to be a dick but I have forgotten more about earnings than you will ever know. I am just trying to help you out bro. Each stock has its own psycological profile and reacts differently to earnings.
Go back and read some of my previous post, 2 quarters ago I was short GS and made it public BEFORE the report BECAUSE i know what the fuck I am looking for.
LOL, BS. Apple got rocked their last earnings because their 2Q earnings estimate was 20 cents lower than analysts expected.