The first earnings season of 2024 is upon us, and our office is buzzing with excitement.
Who can blame us?
Earnings season is like a 10-week stock market bonanza where investors get hundreds of opportunities to make quick-hit trades.
Remember: Stocks tend to make some of their biggest moves in the wake of quarterly earnings reports. It’s a cold, hard fact, backed by the National Bureau of Economic Research (NBER).
Done right, you can get into your trades on Monday, cash out by Friday, then lather, rinse, repeat… all earnings season long.
Welcome to the Hottest Trading Window of 2024
The first earnings season of 2024 – the one kicking off now – will trigger the biggest profit opportunities we could see all year.
Think about it: Most publicly traded companies just wrapped up their fourth quarter, which means we’re not just getting quarterly numbers – we’re getting “report cards” for the full year of 2023. Not to mention that Q4 is particularly critical for retailers because of the holiday shopping season.
With expectations sky-high in 2024, the companies that deliver could see their stock prices soar… while those that don’t hit the mark risk tipping into calamitous dives.
You already have an enormous advantage over the rest of the market if you’re reading this today.
The LikeFolio data engine was designed to spot shifts in demand on Main Street well before a company reports its numbers to Wall Street.
Armed with those real-time insights, we’re able to predict whether a company’s results will meet, fall short of, or beat forecasts, and set up trades that can deliver double and triple-digit gains in a matter of days.
(This 80% win we nabbed on DKS in just one day? Imagine dozens of these opportunities every week.)
Here’s another reason this earnings season carries a special significance for us…
Consumer Data + AI = Enormous Advantage
We’ve been at this a while now, feeding the LikeFolio data engine 500 million-plus data points every… single… day… for nearly a decade now… each only improving our system’s predictive power.
To keep up with such a vast dataset, in 2023, we gave our system a serious upgrade with artificial intelligence (AI) and completely changed the game.
Now, we’re able to analyze those massive amounts of data faster than ever before and make our earnings calls with remarkable accuracy.
In episode two of our Earnings Preview Week series, we’ll show you how we use the “magic” of AI to supercharge our earnings formula.
Watch it now:
Don’t forget to tune in for tonight’s AI Earnings Predictor Summit with Landon, which goes live at 8:00 p.m. ET.
Until next time,
Andy Swan
Founder, LikeFolio
Earnings Preview Week 2024
Miss Episode 1?
Get our rundown on what to expect this season – including the sectors most (and least) likely to pop off in our freshly updated Earnings Cheat Sheet. Watch it now.
