What is a Mixed Earning Report?
Day Trading a Mixed Earning Report
What is a mixed earning report?
A mixed earning report is when a company announces that they beat on earning per share but missed on analysis forecast for revenue, this is still bad news and will cause traders to short the stocks when the market opens.
With a mixed earning report we are careful and best to watch what happens first or short the stock pre-market if the price has room to drop, about 60% of the time a short is good as traders always focus on the bad news.
But remember to trust your gut, if it doesn’t feel right don’t trade it.