Enhanced Earnings Reactions

By -

Today we released an improvement to the Earnings Reaction Page which was prompted by the request from a Slope of Hope subscriber. I always appreciate your ideas and suggestions, since, by definition, you are the folks I’m trying to please, so I want to make the site as much to your liking as possible.

Whereas the page used to show the net percentage change at the end of the day following earnings, now it shows the entire day’s price bar for the day after earnings. This will help give you a more complete sense as to what the reaction was to the earnings, since, by definition, the bar shows you the open, high, low, and close for the day, which makes for a more thorough picture instead of just the net change at day’s end. Here’s a recap of the feature for those unfamiliar with it:

The Earnings Reaction Graph is an exclusive feature for Platinum members (to learn about Slope memberships, click here). This page presents to you all the historical reactions from company earnings announcements.

Once you are at the page, all you have to do is enter a ticker symbol and click Go (or press the Return key). By default, the stock ticker AMZN is entered for you.

her

When you enter a ticker symbol, you can see the immediate reaction a given stock had during all of its prior earnings periods from longest ago (left side) to most recent (right side). The black line is the average of all of them, and you can turn this black line on and off with a checkbox. Also, you can point to any one of these bars to see the date of the event and the percentage-based price reaction. This tool is especially helpful to options traders.

amznreg

There are actually two modes to display these reactions, however. One of them, Net Change, is the default, and it succinctly shows you the net percentage change at the end of the day following the announcement.

If you click the Full Bar radio button, however, you will see the information presented in a different way:

amznbars

Specifically, you are seeing the entire day’s bar, in percentage terms, following the earnings announcement. So instead of seeing just one data point (the net percentage change of the closing price) you are seeing four (the percentage change for the open, high, low, and close for the entire trading day). This might be a more desirable presentation of the information for you since it is more complete.

nflxbars

Note that whereas in the first mode, red and green indicate a loss or a gain, the colors in the other mode are instead representing whether the close price was higher than the open (green bar) or lower (red bar).