The Latest Breaking News from Dennis Dick

Any veteran trader or investor will testify that it is one thing getting into a trade, but the hard part is getting out. Of course, investors with much longer time horizons do not lament getting the optimal exit as much as short-term or swing traders.

There are good days and bad days to report earnings. A poor report before or after a good day in the market may soften the blow of an investor's response. And a poor earnings report on a bad day may increase the damage inflicted on the issue.

There are several critical aspects of the PreMarket Prep show that no other financial media has even a clue about. One of those is interpreting order flow and the price action in premarket and after-hours trading.

It is hard to predict where an issue will go the day after an earnings report. Technical analysis can give you some guidelines, but how investors will react to either good or bad reports is random. Yet the technical levels from that session can provide some guidelines to follow to…

The unusual second-quarter earning season continues with unpredictable price action following both good and bad reports.

On days like this (Tuesday), which got off to a bad start on Monday after the close with Walmart Inc.'s (NYSE: WMT) rare guidance cut, there are still stocks that will move higher.

There are some good days to report bad earrings when the overall markets are bullish and investors are looking for bargains. Then there are bad days to report bad earnings, such as Wednesday, with the worse-than-expected Consumer Price Index report, and investors are in selling mode.

A specific trade setup was discussed for Alibaba Group Holding Ltd (NYSE: BABA) during Thursday’s "PreMarket Prep" broadcast based on bullish comments from a Bank Of America analyst regarding Chinese stocks. 

For most companies, depending on their fiscal year, the second-quarter earnings season is not off to a good start and it has not even officially begun yet.