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本帖最后由 Cooker 于 2009-7-16 09:41 编辑
7/15
Intel (INTC) Trading Higher On Earnings
After blowing away earnings estimates after the close yesterday (7/14), Intel is currently trading up 7.55% in the pre-market (7/15). Intel has only gapped higher at the open by 7% or more 13 prior times in its history. Below is a table of these big up gaps that shows how the stock performed from the open to the close on these days. Does Intel usually sell off during regular trading hours when it opens sharply higher, or does it typically continue to rally?
Historically, Intel has only gone higher from the open to the close following +7% gap openings 38.5% of the time with a median change of -1.10%. The last three times it has gapped higher by this much, it has traded lower by 1% or more during regular trading hours. The last occurrence was after its earnings report on April 16th, 2008. On that day, INTC gapped up 7.27% and then traded down 1.34% from the open to the close.
7/16
Going back to the start of the last bull market in October 2002, Intel has now had a one-day gain of 7% or more 13 times. Below we highlight these 13 days and also show how the stock has performed the next day and over the next week. As shown, the stock has traded lower on the day after a 7%+ day 9 out of 12 times for an average change of -2.50%. Over the next week, the stock has averaged a decline of 3.45%. While Intel had a great day yesterday, in recent years traders have taken some profits following large one-day moves.
From http://bespokeinvest.typepad.com/ |
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