Each year, U.S. stocks enter "earnings season" on the 15th of January, April, July and October, and these announcements of earning reports last till the end of the following month. During these periods, the stock market experiences significant fluctuations, which could be overwhelming. However, with the Tiger Trade app, managing these changes becomes a breeze. Today, let’s explore how K, a fictitious character, effortlessly navigates the earnings season using just this app!
K, a 30-year-old programmer, is engrossed in his career and earns a good salary. Having saved some money, he ventured into the stock market two years ago. Although he’s grasped the basic trading rules, his busy schedule leaves little time to monitor market trends or for him to deepen his trading knowledge.
Earnings season is crucial for investors like K because it's when US-listed companies reveal their quarterly financial results—data on revenue, profits, and cost management. This information is vital for K to assess whether his current stocks align with his investment goals, enabling him to adjust his portfolio if necessary. With features designed to streamline market analysis and portfolio management, Tiger Trade makes it easy for K to stay informed and responsive, even with his limited time.
Set multidimensional alerts
Thanks to Tiger Trade, K no longer worries about missing key earnings announcements. He receives early alerts from the app, allowing him to review real-time news, and analyse them during his lunch breaks. The app's special earnings season feature is now live—tap it and stay ahead with advanced market analysis!
For stocks he monitors, such as his favourite Tesla (TSLA), K uses the financial calendar tool within the app. By simply clicking the plus sign next to Tesla, he adds the event to his phone’s calendar, ensuring reminders are set for crucial moments.
To maximise his trading effectiveness, K also sets up various trade alerts including price, market, and indicator alerts to nofity him of possible trading opportunities.
Pre-earnings insight, stay informed
Initially, K found it challenging to find people who share his interest in share-trading. However, he soon discovered Tiger Trade's vibrant community, teeming with seasoned investors, industry KOLs, and more so other fellow traders like him. This network has transformed investing from a solitary activity into a sociable topic.
Within this community, K can access a wealth of pre-earnings insights and multiple perspectives that could be potentially helpful in addressing his concerns and refining his investment strategies.
Moreover, in the financial section of each stock, Tiger Trade charts "Earnings Estimates" collated that may assist even non-expert investors like K to make better informed decisions based on analysts' forecasts.
Extend-hours trading, keep up with the market
A good proportion earnings reports are typically released after hours, hence having access to non-regular trading sessions could be critical. On a stock's main page, you can see its upcoming earnings announcement.
With Tiger Trade, K can trade both pre- and post-market sessions, for all NYSE and NASDAQ stocks and ETFs. This access enables him to react promptly as earnings reports are published.
More info about the pre- and post-market trading is available here: How to make good use of pre-market and after-market trading in U.S. stocks?
Tiger Trade also offers options trading, which allows diverse strategies, such as long and short positions, to adapt to market fluctuations. Beginners could also build themselves up with tutorials available in the community.
TigerGPT AI assistant
Tiger Trade’s AI assistant, TigerGPT, is designed to streamline investment processes for busy individuals like K. It quickly summarises detailed earnings reports and provides analyses, answering any investment questions he may have. Initially hesitant to ask about basic investing knowledge, K now confidently gathers knowledge by interacting with TigerGPT.
Conclusion
Tiger Trade equips users like K with a comprehensive set of tools to navigate the complexities of the stock market. Whether you are a seasoned investor or a newcomer, Tiger Trade could help you stay informed and adapt to the dynamic financial landscape. It also makes available to you information to make decisions strategically.
Disclaimer: Investing carries risk. Options trading carries a high level of risk and may not be suitable for all investors. This is not financial advice and should not be regarded as a solicitation or recommendation for acquiring or disposing of financial products. Any content being discussed, shared, and commented does not consider your own investment objectives or financial needs. Tiger Brokers assumes no warranty or responsibility for the accuracy and completeness of the information. TigerGPT's content is provided as-is and for reference only. It does not constitute financial advice. The risk of relying on such content is yours alone. Past performance is no guarantee for future results. Graphics and charts are for illustrative purposes only. Please read our Disclosure Statements and Terms and Conditions available on our website, and consider whether acquiring or continuing to hold financial products is suitable for you before opening an account or making investment decisions. Find out more at: www.tigerbrokers.nz. TIGER FINTECH (NZ) LIMITED (8187510)