Earnings Announcements With Buybacks

The Earnings Announcements With Buybacks strategy buys stocks running active buyback programs a few days before their earnings announcements and exits shortly after the report.

Details

• Entry Criteria: Buy DaysBefore days before earnings if the company has an active buyback.
• Long/Short: Long only.
• Exit Criteria: Sell DaysAfter days after the earnings date.
• Stops: No.
• Default Values:
  • DaysBefore = 5
  • DaysAfter = 1
  • CandleType = TimeSpan.FromMinutes(5).TimeFrame()
• Filters:
  • Category: Event-driven
  • Direction: Long
  • Indicators: Buyback + Calendar
  • Stops: No
  • Complexity: Intermediate
  • Timeframe: Daily
  • Seasonality: No
  • Neural Networks: No
  • Divergence: No
  • Risk Level: Medium