Pre announcements Season Alarm

Now that the quarter is over, look forward to the start of the pre announcement season. It can be a treacherous period for sector moves, often your stock ends up with collateral damage due to a pre announcement by prominent movers. It is also a fun to watch some companies timing their pre announcements with major precision to squeeze bears. IBM is one company which has mastered this game well.
Also pre earning drift will start for many stocks. As the market is in pullback phase expect more upward drift during this quarter.

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