IBM is key indicator for markets during earnings season: Bespoke

lite1067

IBM is key indicator for markets during earnings season: Bespoke


IBM’s trading direction after it reports earnings shows a strong correlation to the S&P 500′s direction, Bespoke Investment Group notes Thursday.

Over the past 10 years, the direction of IBM  the day after it reports has predicted the direction of the S&P 500 during the following five weeks more than 75% of the time, Bespoke researcher found.

When IBM has gone up the day after earnings, the S&P 500 has gone on to trade up 81% of the time, with an average gain of 1.24%. When IBM has gone down the day after earnings, the S&P 500 has fallen in the following weeks 70% of the time, with an average decline of 3%.

IBM has correctly predicted the subsequent direction of the S&P 500 in each of the five earnings seasons since the start of 2012.

NYQ

神！

google

FB H&S 很明显了，估计要重测$18

Simpletrader

What about aapl? Any statistic?

小炮

已经连续5次了？ 那这次还能好使不。。呵呵

小炮

google 发表于 2013-4-18 08:26 PM
FB H&S 很明显了，估计要重测$18

学习一下。。

6degrees

不惊奇呀，Sell in May。