timwest

Only 3 days remain until US Earnings Season Begins!

NYSE:AA   Alcoa Corporation
6
Alcoa reports on January 12th to kick off the next "Earnings Season"!

Get ready for action.

The red boxes represent the "DOWNSIDE" price action of the market from the start of the Earnings Reporting season as measured by Alcoa reporting earnings . You can see we have had a variety of quarters with some very small downside risk and the last two have been larger than average. I personally think this is a better or more intuitive barometer than the January effect or the first day of January predicting the year head.

I love January the most of all the months of trading for a number of reasons, perhaps you can say which is your favorite month to trade, then I'll explain why I love January the most.

All the best,

Tim 9:56AM EST Friday, January 9, 2015

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com