TruthSayer AI comes out with their Earnings AI alerts every day during earnings season. This one was for Tesla, the day before earnings. As you can see, their AI is saying that Tesla misses its earnings 58% of the time and that their Hedge Fund clients usually avoid trading Tesla going into its earnings.
That’s a signal to me that I should pass up on trading Tesla going into earnings. So, I called them up and asked them how many of their alerts are like this? They said to me that out of 3900 US-listed stocks in their database, roughly around 2500 or 64% missed their earnings greater than 10% of the time.
All the major stocks: Apple, Tesla, Microsoft, Nvidia, AMD, Google, have missed earnings at least 10% of the time. So, they say that hedge funds normally avoid trading these stocks into earnings.
Now TruthSayer’s Earnings AI is accurate 82% of the time, so by avoiding these stocks into earnings, its helping me conserve my capital by not taking undue risk. So, stay tight and trade those stocks with a good track record of beating their earnings expectations.
