What You Should Know About Earnings Season | Erik Averill, Brandon Averill | AWM Insights #18

As you see in the major media and financial publications, earnings season is coming soon, but what does that mean for the typical investor? Articles and TV segments abound with the results and guidance of some of the best analysts in the business on their predictions of how some of the top companies are doing, but does that mean that you should be acting on those claims?Put simply, “earnings season” is the time in which most of the major publicly traded companies release their quarterly earnings reports. As a result of these reports, more updated information is then available to the public followed by market adjustments. What makes this upcoming earnings season of particular interest for many is the fact that it’s following the best quarter since 1987.In this week’s episode, Brandon and Erik discuss earnings season and cover topics and questions like:What exactly is earnings season and why do people get excited about it?How earnings season can highlight the difference between the stock market and the economy (for more on this, see episode 11: Stock Market vs Economy)How and why earnings season causes market adjustmentsWhy some of the best analysts in the world still can’t predict future outcomes based on earnings season informationWhat should I know about earnings season? Should I take any steps to prepare or react to it?What’s the best way to secure long-term, positive financial results?