Page 365 - THE MARKET WHISPERER
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THE MARKET WHISPERER 36 1
These factors, together with several others, have the power to drive
institutional investors to take action. Such action includes extraordinary
announcements, changing recommendations, and macro-economic
announcements which influence the market in general and the stock’s
specific sector in particular.
Generally, the stock price will rise proportionately to sector and
market movement, and any “moving outside the lines” will generally be
possible only through significant economic triggers. During crises or fear
of an upcoming crisis, the market “punishes” stocks which do not follow
their predictions, thus a careful follow-up on stocks showing sharp daily
movements can create good short-term (days) and medium term (weeks)
opportunities.
To find opportunities during the quarterly reports period, you need to
check the date of the particular stock’s report, or simply ready yourself for
any day’s trading by preparing a list of all stocks that interest you. If you
wish to locate the stocks according to the date of their report, a wide range
of financial sites can help. My personal favorite is Yahoo Finance.
Locating Report Dates Using Yahoo Finance