Thursday, April 21, 2011

How Banks Spin Their Earnings -

I hope none of our readers plan trades around headlines from earnings announcements. This is another example of how fundamental data from companies can be manipulated and should never be the basis for a trade. Based on how volatile the first 15 mins of trading was in $C on Monday, I would say more than a few people were confused by the news. Plan your trade and trade your plan!

How Banks Spin Their Earnings -

No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.

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