Follow the money and know your stock's earning calendar

Stocks are good investment opportunities and some would say that those are less volatile than cryptocurrencies, although in these times I am not sure. The pandemic and the unknowns for when it will end alongside with political disputes, social transformation and unclear financial stimulus all over the world might make it more of a bet rather than a constient decision. The only thing that we can do is to follow the money and know the financial situation before investing into a stock.

But also in these times there are some instruments and events on which we can guide our stocks tradings, either to buy or sell and use the information in our favour. And one thing every trader should know is the earnings calendar for all his stocks. That's the moment when the financial results get out in the world and we can see either spikes or falls of the stocks as the balance sheet doesn't lie.

Prior to the Quarterly Earnings announcements (which usually have a fixed calendar) there are financial prognosis made by analysts which can help your decision. Some would say that you need to act before the Quarter Earnings are broadcasted, some other say that is good to wait and act afterwards, I prefer a mixed strategy based on the specifics for each stock. The buzz before might create SELL opportunities, while the results might devalue them. Usually in case of doubtful stocks you can sell on the hype and in case of strong grounded one wait at least the financial results.

One source that I use to follow up on the Earnings Calendar per stock is https://www.investing.com. It has a Earnings calendar section where you can see the incoming announcements but allows you also to filter the results and pick your stock.

As an example I have chosen a stock that I value and which is a Chinese electric cars leader - NIO. We can see that in the last years the revenue was greater than the forecast and I believe also on 10th of November is expected to do so. The market also is positive about it and only in the last two days it grow more than 10%. This shows that the market become more dynamic near the Quarter Earnings announcements and maybe also after it if the results are extraordinary.

Trading in the stocks market expanded this year more than ever and more people are getting into the space. With this is very important to get informed and try to do your diligence as much as possible as there are big risks in the stocks markets and can easily lose money. Such little things matter so try to learn as much as possible about your stock of choice.

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