trading earnings report

donperry said: "Hi there everybody, i'm new to stock market trading but have 2 years experience in forex. some folks like myself trade economic numbers in forex based on consensus and actuals. IF the number is way better than consensus we buy the currency and vice versa. now, is this possible with stocks? say with Earnings or some other (unknown to me) reports?"

Rbreb13 said: "Earnings reports and guidance are hard to play. I've seen companies with good numbers go down because of guidance and vice versa. Stocks react differently to news than currencies I think. Because investors are emotional. I try to be out of most stocks before earnings."

donperry said: "what is guidance?"

Rbreb13 said: "Guidance is basically a company telling the investors what they "think" the future for the company will be like. Sometimes the guidance can be more important than the earnings and vice versa. Its really hard to predict how the market will interpret these factors."