Intel's quarterly report did not change the target for the corporation's shares. How to select stocks in the reporting season Reporting period in the stock market

“By getting to the bottom of your real financial statement, you will discover a world of real financial opportunities.” - Robert Kiyosaki.

The financial statements of a company are a kind of list of indicators that can be used to assess the overall financial condition of an organization. The condition of the assets and the sources by which they are formed, the distribution of funds, as well as the overall result of activities - all this can be found out by analyzing the financial statements of the company.

How to find company financial statements

Every publicly traded company is required to publicly disclose financial statements. To do this, issuers create websites for investors (or sections on official websites), which can be found through search engines.

Let us consider this issue in more detail using the example of two companies: one Russian and one foreign.

In order to analyze the company's financial statements Gazprom", must be entered in the search query" Investor relations Gazprom". Google immediately gives the desired site:

We go to the site and study all the indicators of the company:

In the tab " Reporting”, you can select the year you need or a specific quarter and download it. The downloaded financial report of the company is in PDF file format.

We use the company " Amazon". In order to find its financial statements, you need to enter the query “Investor Relations Amazon”:

And we also get the Amazon investor site, where you can find all the reports, conference recordings, stock data on the stock exchange and other information.

Financial reporting calendar

Helps investors and traders to immediately learn about all company news provided from official sources. Some use it to analyze the company's financial statements for a certain period of time and, with a positive trend, invest for an indefinite period. The second one allows you to instantly earn by increasing volatility.

It is very important for an investor to know and understand how the price of shares changes, because the amount of his income depends on this. Shares are subject to price changes due to the following circumstances:

Meeting of shareholders at which important events are adopted;
Data on new financial statements;
Release of new company products;
Change of management or other global changes within the company;
Conferences.

In addition to this calendar, we have our own reporting calendar for American and European companies on our website. we talked about how you can earn money using reports (with examples).

Who needs it

The outer circle of persons, as a rule, have direct and indirect financial interests. Direct financial interest means:

Investors;
Suppliers;
Buyers or clients;
partners and lenders.

Indirect financial interest arises from government agencies, investment institutions, various kinds of exchanges, and so on.

The inner circle of persons includes the administration, i.e. company owners and management personnel.

But basically, only investors and traders use it, because on the days of publication of reports, you can earn from 3 to 15% of profits on shares.

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Hello!

Today I will talk about what a stock reporting season is, how it affects the market and how to make money from it.

Companies publish their earnings reports every 3 months. During reporting periods, the volatility in the stock market is greatly increased. In this case, the increase can occur before the release of the report.

Both investors and speculators watch the release of reports. You can follow the company reporting calendar on my website (). Stocks sometimes react very strongly to reports, while the report can be good, but the paper falls and vice versa. This can often be seen on the Russian market. The market reaction may not be predictable. Why is this happening and what you need to know in order not to drain money during this period?

What you need to know about the reporting season?

First, keep an eye on company reports. At the same time, often, there is no relationship between the report and the movement of the stock. For example, the report comes out positive, but the paper falls. This situation was in our market a couple of months ago. And this happens not necessarily in our market, but in any other. Why is this happening? The reasons are many.

Perhaps this information was already known in advance to a certain circle of people and a positive report was won back. For this reason, it is very often possible to see a strong movement of the instrument before the release of an important news or report. Accordingly, when positive news comes out, the paper begins to fall. There is an expression, "buy on rumors, sell on facts."

It happens, and vice versa, the news is negative, and the market begins to grow. Due to the fact that all the negative has already been won back. It happens that large players push the market where they need it, since they already know the report. Therefore, do not try to guess how the market will react, trade after the fact. Technical aspects also have an impact. For example, support/resistance levels, company performance compared to competitors, etc.

Therefore, it is impossible to predict what will happen to the market after the release of the report. Large investors may also react differently to the news. Someone will think that it is impossible to buy, and someone that the market has won back the negative and now is a good time to buy. It also happens that the majority of analysts and large companies believe that the news will be positive and the market starts to win back this increase. After the release of positive news, the market practically does not react at all, as the news was won back.

How to earn during the reporting period?

Now about whether it is possible to earn with the help of reporting and how to trade correctly during this period. I want to note right away that if you are a speculator, then it is much more important just for yourself to understand that during this period an increase in volatility is possible and you need to be a little more careful. The most important thing is the technical picture in general. Often we do not need to know at all what news or what report will be released. We trade from what we see. The most important thing is to form an entry signal. And then, before the release of the report, you can cover the position.

But if you are an investor, then the news may be a small clue as to whether you need to buy paper at the moment or not. In some cases, this may allow you to wait for a more affordable price to buy.

After the report is released, the volatility on the instrument may increase. And also, this report can set some dynamics for the further movement of the asset. Even the next day, volatility is usually elevated. Therefore, if we have an entry signal, then we enter the position. The dynamics of movement before or after the release of the report can be very good. In this case, you can stretch the deal and increase the margin for atr. If you always covered the trade after reaching 100% atr, then in this case, depending on the volatility, you can stretch up to 110-120%.

Note

I would also like to note that the report is not always published on the scheduled day. The company can simply transfer it. And this happens quite often. Most importantly, always take risks. Especially if you reschedule the deal for the release date of the report.

Separately, I want to note that in some cases, while waiting for the report, you can buy paper in your long-term portfolio. But this is only if you generally like this company, you have analyzed its fundamental indicators and are looking for a good moment to buy. In this case, you can look for key levels from which you buy and analyze what kind of report is possible. Thanks to this, you will be able to purchase paper a little more profitable.

I will end with this. All successful trading. Subscribe to site news (subscription form on the right side).

Sincerely, Stanislav Stanishevsky.

What is interesting about the reporting season? The fact that on the results of reports, many stocks make strong movements. And on these movements you can earn. As long as you control your risk. In this video, I will show you how to select stocks of companies listed on the US exchanges during the reporting period. Read the step-by-step instructions under the cut.

The best way to search for stocks, including during the reporting season, is the Finviz.com website, or rather its screener (I showed how to use this service). For this:

We go to the Finviz.com website, select Screener in the horizontal menu and go to the section to search for stocks.
On the Descriptive general settings tab, look for Earnings Date to select company stocks by report date.
In the drop-down list, set the desired parameter for searching stocks. For example, you can display shares of companies that:
- have already reported (yesterday, this week, in the previous 5 days, etc.);
- will report (today before/after the market, this week, next 5 days, etc.).

As a result, we can get a list of stocks on several pages. I recommend shortening this list, leaving the most liquid papers in it. (Liquid stocks are stocks that can be sold quickly without a significant loss on the difference between the purchase and sale price or ).

4. We reduce the received list. To do this, in the Descriptive settings:

find the Average Volume parameter and select Over 500K/750K/1M in the drop-down list. The higher the volume, the more liquid the security and the smaller the list. (I usually look for stocks with a trading volume of over 750K per day, choosing Over 750K).
find the Price parameter and select Over $5/$7/$10 in the drop-down list. The cheaper the stock, the more speculative it is and, as a result, the riskier it is. (I usually look for stocks above $5).

Additionally, you can add other parameters that are important to you, for example, presence in the index or belonging to a particular sector. It also optimizes the list.

5. Look for stocks with strong price movement. To do this, click at the top of the Price list and sort the resulting list by price change (Change).

6. We analyze the selected shares in the required context. To do this, select in the menu above the list Valuation (fundamental analysis), Financial (financial analysis), Technical (technical analysis), Charts (graphical analysis).

7. We save the configured filter in order to launch it in the future to search for papers. To do this, register or log in to the site. After that, in the upper part of the screener, we find the parameter for saving My Presets settings, select Save Screen in the drop-down list, enter a name in the Name field and click the Save Changes button.

Well that's all. Now you have your own screener for selecting stocks during the reporting season (no thanks, no need, just share the post with your friends). Use it as a source for investment and trading ideas. Read and see other sources). If you have questions, suggestions or comments, be sure to write them in the comments below.

The most effective sites in the reporting season, in my opinion, are the following sites:

Briefing.com - namely the Calendars section (you can go to it from the horizontal menu). Here you can immediately see the list of companies reporting in the near future and the expected performance.

Seeking Alpha - namely the Earnings section (you can go to it from the horizontal menu). Here you can also find a list of companies reporting in the near future, see the expected performance and track the most active movements in the reports.

Despite the fact that both of these sites partially overlap, they complement each other well.

Do you want to be aware of new videos and receive them before they appear on the blog? Subscribe to my channel on Youtube. And of course, like the video to inspire me. More likes means more posts.

Follow the financial reports of leading companies in a special reporting calendar! You will learn how to make money on this and other details below.

The calendar publishes the dates of reports and important events, all data is official and published on the websites of companies.

This reporting calendar will be useful not only for investors, but also for traders, as important events in companies form strong fluctuations in the market. Increased volatility makes it possible to earn in the short term.

If the financial, or quarterly, or annual report speaks of an increase in profits or production, then this causes a positive interest on the part of investors, which creates increased demand, and stocks start going up.
If a company announces a decrease in profits, revenues, an increase in expenses, then after such news, stocks will fall.

Publication of reports can move quotes in a direction known in advance. On the day of publication, you can capitalize on a new and strong trend.

Below we will show you a real example of how to make money on reports.

We use the Yahoo Finance calendar (https://finance.yahoo.com/calendar/earnings) to find out when the report will be released. By default, only US companies are reflected in it, to add stocks from other countries, you need to add them in the filter:

Click on the button Event Filters and add the countries you want. The Yahoo calendar indicates whether the report will be published before the start of trading or after the close:

An example of how to make money on company reports

In the reporting calendar, we saw an entry that Alibaba Group publishes an annual financial report. The exact time of publication is usually indicated on the official website of the company in the section Investor Relations- most often this is a separate site that is easy to find through Google through the query " Company name Investor Relations", in our case - " Alibaba Investor Relations«.

A couple of minutes before the opening of trading, the report data appears on the company's website :

The results are amazing!

The report says this is the fastest growing year since IPO, and Alibaba shares have been traded on the NYSE since 2014 and on the Hong Kong Stock Exchange since 2007. Revenue increased by 60% , revenues from online trading grew by 47% , from cloud technologies to 103% , from media entertainment to 234% ! Below in the document were other key positive data. Accumulated in the company's accounts 10 billion free funds.

Do you think stocks will rise or fall after such data?

We also think, of course, to grow, and we already know in advance how the market will behave today.

We prefer to earn on , since only here you can get a fixed profit per trade from 70%.

All you need is to indicate the price will be above or below at the time of closing the transaction, the time of which you specify yourself.

At 16:30, the NYSE exchange opens trading, we open and select stocks

Set the transaction time to 17:30 ( after an hour, the transaction will close automatically):

We already know that stocks will rise today, therefore, the main condition of the option is the growth forecast - UP and buy an option:

If at 17:30 the price of Alibaba shares is even 1 cent higher than at the time of purchase, then we will receive 75% of the profit from the investment amount, since the growth condition will be fulfilled.

Since we learned from the report that Alibaba is doing well, naturally the stock will rise. To not walk around for a long time until about, take a look at the chart a few seconds before the option closes:

The stock rose noticeably from $114 to $118 in just the first hour of trading on the exchange. Our profit was $90, although for this we only opened the calendar and spent two minutes reading and opening a trade. We did not sit all day at the monitors, but only came at the time indicated on the calendar.

By and large, we could open several transactions, for 15 minutes, for an hour, for two ... - the shares were growing all this time.

Poll: Reporting calendar is:

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Many traders earn only on the results of quarterly reports.

Transactions are opened once a day or two, but they are reliable and do not require a lot of time. During the reporting season, up to a hundred companies are published per day, but it is necessary to choose only the most resonant results that will definitely stir up the market.

Use data from company reports and consistently make a profit!

If you cannot find the report on the official website of the company or do not understand its results ( it happens to us too), we open Google and specify the section NEWS, In the tools we indicate the time - in the last 24 hours:

All news from the original source is in English, but this should not be an obstacle for you.

We also do not always understand English and use a browser Chrome where you can right-click and select " Translate to Russian".

According to the opened news, we see the results of the report, with explanations and analytics. As a rule, such data are published first by publications - Bussines Insider, Barron's, Reuters, Wall Street Journal and others.

glossary

Q1, Q2, Q3, Q4— Quarterly reports of companies. The year is divided into four quarters, so quarterly reports will be abbreviated below: Q1, Q2, Q3, Q4.
fiscal year (FY)— Accounting report for the year (financial year). In some companies, the financial year does not start on January 1, but on another specific date, but in total, it still amounts to 12 months. Here are some examples of FY posting dates for US companies:

— From February 1st to January 31st
— From October 1st to September 30th
— From June 1st to May 31st

Full year- Total report for the whole year
H1- Half 1, i.e. report for the first half. (Second half trading update, H2- second semester).
Blackout period- a certain period during which operations with securities (shares) of the company are prohibited for all insiders (they are also the owners and every employee of the company). This period is necessary if some information has appeared inside the company that has not yet been declassified in the outside world, but which can greatly change the price of the company's shares. Then persons who have access (direct or indirect) to such information (for example, directors) can easily take advantage of their position and start selling or, conversely, buying up shares in any way. This is unfair to the market and also illegal. In this regard, the following restriction is introduced: insiders, for example, the same directors, cannot perform any actions with their own shares (those that they own).
Bernstein Annual Strategic Decisions Conference— Annual Strategic Planning Conference
Sustainability Report— Development Report
Investor Day- Investor Day, a meeting of shareholders at which the company's activities are discussed, new decisions are made.
Annual Shareholder Meeting- The annual meeting of shareholders at which they sum up the results for the past year, approve the annual financial report, announce the payment of dividends, elect directors and auditors.
Announcement of Interim Results— Interim report
Sustainability Report— Company development report
financial report- Financial report
Earnings Call— A telephone conference, or, as is always implied in recent times, an Internet conference. On them, the company conducts a discussion of financial statements for a certain period on the Internet, as well as a toll-free number (800). According to the American National Institute of Investor Relations, 92% of all companies hold such conferences dedicated specifically to financial activities, and almost all of them are Internet conferences.

Addition

In addition to quarterly reports (4 times a year: Q1, Q2, Q3, Q4), which are of great importance both for investors and for the company itself, the share price can be affected by:

new resolutions adopted at the annual meetings of shareholders;
new data from various financial reports, such as monthly sales reports;
conferences or sales of new products of the company;
announcement of a change in management or changes in the company;
release of new products.

BE SURE TO START SALES OF NEW PRODUCTS!

For example, a corporation is launching a new iPhone, MacBookor Apple Watch… Accordingly, on this day, the company will receive a huge revenue from the fresh product, which will entail an increase in the share price. We never miss these dates as they bring guaranteed profit. But it is for such cases that we like it better, since here you can earn more than 70% in a short time, for example, in 15-30 minutes.

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The regular market reporting season is about seven weeks of great trading opportunities each quarter.

Every 3 months, joint-stock companies publish their earnings reports. This is a gigantic flow of information. Investors, stock market analysts and traders around the world regularly check the release calendar in search of successful or unsuccessful companies.

Traders are trying to find information that will allow them to increase the size of their.

The balance sheets of enterprises are carefully studied. Eagerly caught every word uttered by the head of the company. The media is adding fuel to the fire. Thousands of companies submit their reports within just a few weeks. Stocks rise and fall as new numbers are released. The reporting season is a real roller coaster for investors and traders!

Sharp price fluctuations open up opportunities

With this constant flow of information, the likelihood of fast and often disruptive price moves is greatly increased. The market is reacting with an incredible burst of volatility. Even those companies that have not yet reported can show a frenzied price movement.

Analysts and traders are puzzled over how one company's report can be used to make assumptions about another. Investor reactions often seem to make no sense at all. One often hears complaints about obvious contradictions, when "bad" news pushes the price up, while "good" news makes it fall rapidly. Reporting season is often frustrating, even for Wall Street regulars.

Luckily, there are a few tips that can help investors and traders to avoid being crushed during this period of time and make good quarterly returns.

To do this, you just need to have some knowledge, apply risk management, be able to use the reporting calendar and know two simple rules.

Rule 1: Things are not always what they seem

To understand the dynamics of a reporting season, it is important to realize that there is not necessarily a strong relationship between a company's profit or loss and the movement of its stock price. For example, just the fact that a profitable report is released does not mean that the stock price will automatically go up.

During this period, there are other, more important and influential factors. Momentum, support and resistance zones on the price chart, the relationship between the report and analysts' expectations, as well as the company's performance compared to its competitors in the same industry are the factors that usually have a huge impact on the share price in the short term.

Why? Because short-term traders capitalize on the volatility created by the reports, not on the fundamental strength of the reports themselves. The profit potential for investors and traders directly depends on price fluctuations. And these fluctuations are generated by a situation that can best be described by the word "uncertainty".

Rule 2: Wall Street despises surprises

The old saying goes, "Wall Street hates uncertainty." It is especially relevant during the reporting season. For example, let's say that ten out of ten analysts believe that a certain company will report a decline in earnings and losses. If the company's report meets these expectations, the market usually reacts calmly.

The stock does not fall because investors expected the report to be in line with analysts' forecasts. If it matches, no one is surprised. When there are no surprises, the stock market calms down.

How can this knowledge be turned into money?

There is another old saying that says that"Buy on rumors, sell on news." The buy part of the phrase is often used in relation to rumors of new product releases or company acquisitions. But it can also be successfully applied to rumors that the company will release a report that will exceed expectations. Wall Street loves such surprises!

The idea is to buy a stock early when word of good news starts to spread. As soon as the rumor becomes a fact, the stock must be sold immediately. When applied to better-than-expected reports, this strategy is often referred to as the "pre-report move strategy". Here's how it works:

Action plan ahead of the report

We find a company that has a good history of positive surprises, i.e. release reports better than expected. We are convinced that there are expectations that the next quarterly report will be better than analysts' estimates. This kind of information can be found on the Internet.
We look in the calendar for which date the report is scheduled to be released.
2-3 weeks before this date, look for an uptrend or a rebound after a recent pullback on the price chart of this stock. If this is the case, we determine the optimal number of shares to buy.
We buy the target number of shares, then wait until the price rises on expectations of a positive report. We check price movements daily. We take the profit by selling the position in whole or in part to new buyers immediately before the release of the report.
If we closed only a part of the position, we are waiting for the release of "good" news on the appointed day. After that, we sell the rest of the shares on the final surge in price caused by buying on "good" news by novice traders and investors. Such a surge usually occurs immediately after the release of the report.

It should be noted that step 5 is associated with some risk. Traders sometimes sell their shares just before the release of the report, which can cause the price to drop before that calendar date. Given the presence of such a risk, you need to sell your ENTIRE position immediately before the day of the release of the report.

The good news is that by continuing to hold a small portion of the shares, you can make good money on them. The downside is that the price can drop sharply right after the release of the report, no matter how good it is. If the report is bad, the relevance of the concept of "sell on the news" is further enhanced by the presence of a large number of disappointed investors. The only win-win option is if the report significantly exceeds analysts' estimates and any expectations.

Stocks trade on assumptions and expectations. If a stock is supposed to release a good report, and after its release it turns out that it just meets expectations, professional traders usually take profits immediately.

Output

There is no regulatory legislation that would require companies to issue a report on the scheduled date. Public companies can (and often do) change the release date of the report without prior notice. Especially often the scheduled date is canceled in the last week before the release of the report.

Therefore, while in position on the movement strategy on the eve of the report, regularly check the calendar to make sure that the reporting date has not changed. In addition to resources on the Internet, the NYSE and NASDAQ publish their release calendars. If the report date has changed, recheck the risk management in that position to make sure you don't take a loss.

Carrying over a large position through the report date exposes the trader or investor to unjustified risks. You need to know the report date of any stock in your portfolio in order to take profits in advance.

The described strategy can be used quarterly for profit. Such opportunities should be sought in early April, July, October and January. There is no official end date for the quarterly earnings season, but it is believed to end after most major companies have released their earnings.

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