Earnings Day Moves Are The Biggest On Record: Here Are 15 Trades To Profit From This Record Volatility
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You had to look no further than today's explosive move from Tesla, which soared 22% adding $150BN in market cap after reporting blowout earnings, recording its second biggest daily jump on record only lagging the 24% surge from May 9, 2013 when Tesla reported its first ever profitable quarter.
But it's not just Tesla: according to Goldman analyst John Marshall, big earnings-day moves are happening more frequently than any time in the past 15 years.