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$SPDR S&P 500 ETF (SPY.US)$
The earnings season is drawing to a close. Most of the major companies and some "Internet celebrities" stocks in the hearts of investors also announced their financial results. This earnings season has been a real eye-opener, with big companies in the top 10 by market capitalization jumping up and down. Such as amazon and Facebook Inc. There are also some companies that "leak" the contents of their financial statements, and companies that cause abnormal stock price fluctuations, such as affirm, actually cause several circuit breakers of the stock price.
Do not know whether there are small partners in the financial report based on the release of the news, to predict the rise or fall, and then go to trade. What's the record of this earnings season?
I don't think I have the ability to capture opportunities according to the news. So I follow the technical side. I firmly believe that the stock price is in accordance with the technical side, the technical side to the support level, the need to rebound, or has broken through the pressure level, the need to rise, there will often be corresponding news to cooperate. And vice versa.
Instead of capturing the message on such a developed platform, judging the credibility of the message, and then making a judgment, it is better to focus on the time to look at the technical graphics and indicators. At least there is no question of credibility of these existing data.
The technical indicators used are often not needed too much. For example, gmma Guppy composite moving average is a very simple and easy-to-use indicator. Search "how to add gmma moving average" in the world's largest video platform, and there are a lot of videos that can be done in 5 minutes.
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