Earnings Season Jitters
If you are not based in the US or not yet a Flag-Trader then you may not be familiar with the 'earnings season'. That period every quarter when US firms are obliged to report on their financial situation and prospects.
It can, of course, provide a bumpy ride for traders as new information becomes available to the markets which may or may not be in line with expectations and market sentiment.
Get it right and you can make money. But take your eye off the ball for a moment and you can lose out big time. Even those nice comfortable trades that were progressing nicely suddenly get disrupted by new information.
The earnings season is a period that Flag-Traders stay away from. Why is a reason that is explained in the course and you can learn more about that in the What You Get In Flag-Trader
But one of the features I have noticed about Guy Cohen is that he is completely open with his advice and reasoning. He has just put up a post on his blog with an update on his view of the current situation. You can read his whole post by visiting Flag-Trader.com and then locating his Blog Alerts.
