This weeks Earnings Surprise List
We crawl through the earnings reports daily and record which stocks beat estimates and by how much. In Bluefin, you can then access this information in several ways. Through the Post Earnings Surprise and Today’s Earnings options found in the watch list drop down.
The Post Earnings Surprise watch list grabs all stocks with a six percent move or greater on the day of earnings.
As Laser has explained in his post, you can review this list for stocks setting up for a new leg up after their initial earnings thrust.
This list combined with companies that have raised guidance and announced some new sales deals like GMCR or BIDU can offer stocks making a sizable move in a fairly short time frame. TDSC announced an offering soon after blowing out earnings which gave us a nice opportunity to catch it after pulling back from the new offering.
Keeping track of stocks that blew out earnings and had a significant move on the day of the release will allow you to focus your money in the cream of the crop stocks. Blow out earnings plus significantly raised guidance for the quarter is a recipe for double digit returns.
In Bluefin, the Percolator scan looks for stocks with a 2% move or greater breaking above their 5 day max close. This scans across all watch lists and catches Post Earnings Surprise stocks meeting the criteria. If you want to focus on Post EP list you can filter the Percolator to only display those stocks by selecting Post Earnings Surprise from the filter Menu.

The hard part is keeping this information organized, that’s where these lists come into play. A week or more later when the stock has pulled back from highs, you can see a new entry signal in Bluefin or set alerts in your favorite charting program.
Below are some recent setups from the Post Earnings Surprise watch list.

Air Methods Corporation

3D Systems Corporation

Baidu.com, Inc. (ADR)

Green Mountain Coffee Roasters Inc.