Definition. A period of several weeks after the end of a quarter in which listed companies publish their financial results. It usually starts with the big banks' reports.
How it works
Companies report before the regular session opens or after it closes. The market reacts to results versus expectations and to management's guidance.
Example
A report from a big Dow company with a high share price can move the whole index noticeably, because the Dow is price-weighted.
What to watch out for
During earnings season, the Dow's moves can diverge from other indices because of individual stocks.
You'll find the full explanation with graphics, examples and exercises in the 🖥️ Order flow atlas space, and its use in the live market in the 🔴 Live Room. Both are available to Club members (in Polish).
