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MarketHistory.com Adds Earnings Data
Service to Enhance Trading Opportunities
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Houston,
TX – April 19, 2004 -- Markethistory.com, a
daily newsletter that generates trading ideas published by Logical
Information Machines (LIM), a market leader in providing software and data to
perform sophisticated historical energy, equity, bond and commodity research,
announces a new service, Earnings Edge, that allows traders to see, for any
given day, which stocks are scheduled to release earnings. Further, it looks
at prior earnings announcement dates to determine whether or not there is a
trade-able "edge" or a predictable seasonality related to the
release of earnings. Earnings (profits) drive stock
prices, and when this information is released it can often be a
trend-changing or a trend confirming event. Accountants at these companies
have gotten very good at managing their quarterly earnings numbers, and as a
result, the reaction in the price of the stock can become very predictable.
The Earnings Edge helps the trader identify those companies that seem to have
a consistent pattern of movement before or after the earnings release date,
based on history. “Most stocks don’t exhibit any
particular pattern of movement around earnings dates, but those that do may
provide some powerful trading opportunities,” stated Gibbons Burke, Editor, MarketHistory.com. “Before
the Earnings Edge, finding those stocks was like finding a needle in a
haystack.” About MarketHistory.com
MarketHistory.com has been publishing
since 1998 – a daily subscriber based newsletter. The site publishes trading ideas
based on the analysis of the history of events happening today in stocks,
bonds, commodities, energy and foreign exchange markets, and is frequently
quoted in press coverage of these markets.
For more information visit www.markethistory.com. About Logical Information
Machines Logical Information Machines (LIM) is
the leader in providing software to perform sophisticated historical energy,
equity, bond and commodity research, co-founded in 1988 by a successful stock
and commodity trader with 20 years of trading experience. LIM markets
the Market Information Machine and related tools to analyze and manage large
amounts of data, easily and efficiently.
LIM supplies their data on a MIM server, with a fast, open design for
easy interfacing. The patented query language allows analysts to easily test
trading strategies and forecast the markets.
For more information or an online demo, go to http://www.lim.com Media Contacts: MarketHistory.com - Gibbons Burke, 504-301-5416, editor@markethistory.com Logical
Information Machines - Jennifer Prewit, 713-652-4066 ext.
23, jennifer@lim.com |