Earnings Season Astrology
July 16, 2010
Earnings Season.
It happens four times a year, just after the close of each calendar quarter.
Companies are required to issue their quarterly reports then, filing them with the Securities and Exchange Commission and letting their shareholders know how well the firm has done financially during the previous 90 days. A key component in those quarterly reports is the amount of money that the company has made or lost during the quarter that has just closed.
By dividing the total amount of profits or losses from a quarter by the total number of outstanding shares of a company's stock, you can get the Earnings Per Share (EPS). This ratio is the subject of intense analysis each quarter by securities analysts, who add their estimates to the official company projections about the firm's profitability. The extent of any discrepancies between the earnings estimates and the actual announced earnings, as well as the amount of the EPS itself, can drive big changes in the price of the company's stock.
When Earnings Season comes, everybody is getting into the act simultaneously, with literally thousands of earnings reports being released on some trading days.
That's one of the factors that present a huge challenge for you as an astro-trader if you want to integrate this vital bit of fundamental data into your overall assessment of the potential for profitable trading opportunities. With so many announcements being made at the same time, how do you get any useful astrological information out of the mix?
The answer lies in the individual horoscopes for the companies concerned-the incorporation charts to a certain degree, but especially the First-Trade horoscopes. Because the companies reporting earnings have different horoscopes, they also have different relationships with the times of their earnings announcements. When you compare the First-Trade charts of specific companies with the positions of the transiting planets when their earnings are being announced, you can often gain some of the extremely useful insights into the potential viability of the firm's shares.
Sometimes it will even open the door to extremely profitable trades!
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