$PMI popped +37.1% after the bell on its Q2 earnings release, triggering the usual late-day retail stampede. Here is the base rate: setups with earnings gap-ups of 30% or higher fade to red 63% of the time across 70 historical instances, with short-side edge winning in over six out of ten cases. The headline provides the liquidity, while historical probability dictates the fade.
$NWGL -28.41% — what the base rate says
What the data showed
- $NWGL -28.41% mcap $15M · float 5M shares
- $ATEN -24.68% mcap $1.9B · float 70M shares · sector: COMPUTER COMMUNICATIONS EQUIPMENT
- $RFAI -18.97%
- $AMCI -18.92% mcap $115M · float 4M shares · sector: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES
- $GDTC -17.30% mcap $10M · float 5M shares
- $MYND -17.14% float 8M shares
- $TLIH -10.71% mcap $11M · float 569,000 shares
- $XELB -10.24% mcap $5M · float 10M shares · sector: PATENT OWNERS & LESSORS
- $KTTA -9.16% mcap $16M · float 88M shares · sector: PHARMACEUTICAL PREPARATIONS
- $GRML -8.73% mcap $33M · float 78M shares · sector: BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
Pull the historical earnings gap stats on FILTRIX.net before taking overnight risk into the weekend. Discipline > FOMO.
Find Your Edge on FILTRIX →