Our 2005 news models for the stocks in the Dow 30 (DIA) and Nadaq 100 (QQQQ) are currently available. We are seeing a few older models reappearing. For example, TYC and MO had models in August and September 2004 that only reappeared at the end of December.
In addition, we have extended our "Theory of Three" tool to include the last 10 trades and 5 year historical returns along with the current signal for each stock. If you've been using the FNA daily signal, you have been seeing a positive return. Please review our most recent models.
Friday is Bad News Day New Jersey September 26, 2004 5:00am -- News Models in the News A recent study by Economics Professors Stefano Della Vigna and Joshua Pollet shows that companies use Fridays to release bad news. The purpose is to leverage the weekend to calm investors before Monday trading begins. Unveling poor earnings before weekends and holidays is a technique used to escape heavy selling in a company's stock. Karen Richardson of the Wall Street Journal points out that the findings are useful "for traders or investors who are more concerned about share-price moves than fundamentals, the Friday-announcement phenomenon provides some opportunities, though of course not every Friday-announcement contains bad news."
Bad news in a press release on Friday is accompanied with guidance from the company over the course of the week. The pattern is to let investors know between Monday and Thursday that financial results will differ from what is expected.
Model Reveals IMCL insider
trading back in July '02 FLORIDA-
YFURGI Imclone
Systems Inc., October 23 -- Member YFURGI has been collecting data on Imclone
since July 2, 2002. While creating a prediction model for the company, our
member discovered a pattern in the news recommending purchasing Imclone on the
appearance of BAD news, and unwinding the purchase in 2 days. That particular
model returned over 22% on 18 roundtrip trades between October 5 and October 23.
Huge triple digit
returns while NVIDIA is dumped
New Mexico - JENNAT NVIDIA Corp., December 18 -- "I can't
believe how much fun I had trading a news model. It was like I had information
that no one else had," said JENNAT from New Mexico. Our member started
collecting news back in July, and by December, she had 24 roundtrip trades and
racked-up a 171% return, while NVIDIA Corp. traded down over 26%.
JENNAT read and analyzed
377 news stories, and within 4 months she felt very confident about her model
that suggested a double BUY on GOOD news, and unwind half the trade the next
day, and the rest after 2 days. NVIDIA Corp.
(NVDA) - Several Months of Data - Strong buy signal on good news »
