Welcome to Thursday Special!
During earnings seasons, stock market volatility tends to peak.
If a company's earnings are much higher than expected, then the company's stock may gap up the next day. This means that the stock price opened higher than it closed the day before, thereby leaving a gap.
For example, $NVIDIA Corp(NVDA)$ left two gaps in earnings and not filled.
When a company's earnings cause its stock price to jump like this because they did so well, it's called an earnings gap. Lots of investors like using this to pick stocks.
What do you think about using the 'gap up' trick for picking stocks?
Know any other stocks like NVDA that keep leaving these gaps after earnings and never filling them?
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Comments
well known stock like $Tesla Motors(TSLA)$ , etc have these gaps
I did found another example is $SUPER MICRO COMPUTER INC(SMCI)$ . There were 2 gap unfilled gap up and the current price 800+ is far beyond these gaps.
$Palantir Technologies Inc.(PLTR)$is one of them