This could be a good example of increased volatility near earning calls!
JPM: performed 45% better than the estimate, its price dropped 4.8% (P/E11.7, DIV YIELD 2.4%)
BAC: performed 30% better than the estimate, its price dropped 6.2% (P/E16.44, DIV YIELD 1.84%)
C: performed 39% better than the estimate, its price dropped 6.2% (P/E9.19, DIV YIELD 2.86%)
WFC: performed 49% better than the estimate, its price went up 11.6% (P/E 29.52, DIV YIELD 0.91%)
honestly, I did not find any relationship between earnings and price movement in the financial sector!
Recommendation:
We are walking to the unknown, real one!
JPM: performed 45% better than the estimate, its price dropped 4.8% (P/E11.7, DIV YIELD 2.4%)
BAC: performed 30% better than the estimate, its price dropped 6.2% (P/E16.44, DIV YIELD 1.84%)
C: performed 39% better than the estimate, its price dropped 6.2% (P/E9.19, DIV YIELD 2.86%)
WFC: performed 49% better than the estimate, its price went up 11.6% (P/E 29.52, DIV YIELD 0.91%)
honestly, I did not find any relationship between earnings and price movement in the financial sector!
Recommendation:
We are walking to the unknown, real one!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.