Today, I'm going to investigate whether or not MarketClub's Trade Triangle technology can predict stock earnings. To do this I randomly chose 7 stocks that just reported their Q3 earnings. Here are the rules I followed for taking or not taking a position in a stock before a company announced its earnings. Long And Short Rules Use the Trade Triangle technology to determine how you would have been positioned in each stock before they announced their earnings. You are looking for uniformity between the monthly and weekly Trade Triangles, i.e. a matching monthly and weekly green Trade Triangle would indicate holding a long position before an earnings announcement. Conversely, a matching monthly and weekly red Trade Triangle would indicate holding a short position before an earnings announcement. Sideline Rules When there is a conflict between the weekly and monthly Trade Triangles, a sideline position is in order. For example, if a monthly Trade Triangle is green and the weekly Trade Triangle is red, it would indicate a sideline position. Here are 7 stocks that just announced their earnings: Facebook Inc. (NASDAQ:FB) - monthly and weekly green Trade Triangles (expect better earnings) - Hold Long Position Celgene Corporation (NASDAQ:CELG) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines QUALCOMM Incorporated (NASDAQ:QCOM) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines Marathon Oil Corporation (NYSE:MRO) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines CenturyLink Inc. (NYSE:CTL) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines Bojangles' Inc. (NASDAQ:BOJA) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines Lannett Company Inc. (NYSE:LCI) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines Let's see how this strategy works today after the close with these three stocks. The Walt Disney Company (NYSE:DIS) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines News Corporation (NASDAQ:NWSA) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines Monster Beverage Corporation (NASDAQ:MNST) - monthly red and weekly green Trade Triangles (expect flat to lower earnings) - Sidelines In today's video, I will review all of the above stocks and update you on the last three stocks to see if there are any last minute changes.
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