Saturday, January 5, 2008

Investment Analysis Tool Updated

Several days ago, I came up a tool that list the companies that are going to report earnings after market close today or before market open the next trading day. I just revised the scripts so that I no need to update the list every day. Now it will update automatically.

Because these companies will report earnings soon, the stock price seems to be more volatile. If their earnings beat expectation and they have a promising earnings power, their stock price may gap up. Otherwise, the company will gap down. So the strategy that we can use is to buy the options or shares before a company report earnings. If you plan to buy call options, you need to identify, from the list, those companies that have done well and will continue to do well. It is really a treasure hunting game!

However, you have to do your home work before you put your money in the market. And Yahoo finance, Google finance, and MSN money are websites that provide a lot of information/materials that you must read before you make the decision. That's why I created the links to these websites. When you click on these links, you will be directed to the relevant page of these websites. For example, if you see Microsoft is in the list (MSFT) and when you click on the Google link beside MSFT, a new window will open and you will be directed to Microsoft at Google Finance. This will save your time to go to each individual website and key in the ticker separately. My experience shows that if you are to analyze quite some companies, the time saved would be quite significant.
I hope you like the tool. Happy making money !

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