FYI: As highlighted in our prior post, the average stock that has reported this earnings season has averaged a big gain of 0.99% on its report day. Below is a look at the average one-day performance on earnings this season broken up by sector. As shown, the average Health Care stock that has reported has gained a whopping 2.14% on its report day this season. No wonder the sector has gone parabolic recently! Telecom, Consumer Discretionary and Technology are the three other sectors that are seeing out-sized gains on their report days.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/10/31/health-care-surging-on-earnings-energy-not-so-much.html?printerFriendly=true
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