Without fail, something that always gives investors an edge in the market is closely tracking company earnings.
We have a mantra here at Wall Street Daily that you'll see often: “Share prices ultimately follow earnings.” It makes sense. After all, only companies that are raking in profits will garner investment interest. So during earnings season, we go on high alert.
We don’t just base our investment analysis on earnings alone, though. We monitor a range of key metrics during earnings reporting season that not only indicates where a company’s share price is likely headed next, but the direction of the market as a whole, too.