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The importance of earnings beats.

I’ve have consistently seen gains of 2-3 % of those corporations reporting beating their earnings , especially those that report early.  Where to get these reports as soon as they come out is going to be a question I need to answer.  Today I saw a pre-market report of BABA beating their earnings and snatched up all I could at a relatively high entry point. I’m certain others saw the report minutes before I did which costed me a small gain.  I also set a modest exit point that was met before I got the chance to react!  I’m content with the gain but always saddened that the gains could have been higher. This is the perpetual cycle of self torture that the investor must endure.


Pre market BUY
BABA 350 @ 178.5 = 62,475
SELL
BABA 350 @ 181.05 = 63,368

Gain= $893

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