Each week, I peruse the calendar to determine if any company I or a friend has a position in, is reporting their quarterly earnings.
For example, for this week I will watch:
Monday: PCLN, FDG
Tuesday: KBH, ITRI
Wednesday: DADE, TEX
Thursday: LH, PSYS
Friday: BUCY
The goal is not necessarily to enter a new position, but to log the tape action before and after the earnings announcement. During earnings season, when investing outside of the small cap arena, the performance of most companies in a subsector move together. Before adding or reducing a position, I want to be aware of the current sector trend so that I am not taking a position that is contrary to the tape action.
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