Welcome!

First, I simply want to thank everyone for placing your trust in EarningsBeats.com! We are delighted to have you as a very special LAUNCH member! The concept here is quite simple. We want to trade the best fundamental stocks displaying the best technical attributes - and buy and sell them at OUR price, not the market makers. I don't believe there's another site that offers what we do. This strategy does require a lot of patience and discipline, however. We are not "rifle shooters", trying to buy every stock in sight. We are very methodical about what we buy and when we buy it. Remember, it's not necessarily what you earn when trading. It's what you earn RELATIVE to what you risk when trading. We're not hesitant to take profits (or losses) quickly if necessary to move back into an enviable cash position. Cash is king and provides us many options, but most of all it provides us safety during uncertain times like right now. We will have three Watch Lists as long as we remain in what I consider a bull market. We'll have a Large Cap Watch List, a Mid Cap Watch List and a Small Cap Watch List. Try not to feel overwhelmed by the number of stocks on these lists. The Watch Lists are designed to narrow down the list of trading candidates from the THOUSANDS listed on the public exchanges to a much more manageable list. Feel free to trade your own stocks that are outside these lists. These are simply stocks that have posted excellent quarterly results - beating expectations - and the market's technical reaction to these earnings have been equally stellar. I would not be surprised if these Watch Lists contain over 100 stocks as earnings season moves into its 3rd or 4th week (say by mid-November). Many of these stocks will never trigger an entry. Some will fail and we'll have to be disciplined about taking losses quickly. Some of you have asked what EarningsBeats.com does during a bear market. Let me be clear - we will short. Conceptually, I'm not sure how we'll show it, but we may just have a Short Watch List in addition to the other three Watch Lists. Everyone has their own trading style, but as long as I believe we're in a bull market, I prefer not to short. Bear markets tend to last nine to eighteen months so, in my view, we'll have plenty of time to shift our trading strategy when the time comes. Currently, there is tremendous risk trading just about anything, long or short. We've seen the Volatility Index ($VIX) spike above 20 for only the second time in 2013. Traders are nervous and rightfully so. The impasse in Washington DC among lawmakers is not conducive to active stock trading. While many may argue that shorting is the appropriate strategy at this point, I believe that strategy will backfire in a big way if and when lawmakers put their differences aside and negotiate a deal. When will that occur? I have no idea, but I don't want to be on the short side when it happens. Several of our Watch List stocks have triggered technical entry points already. I own only one in my trading account, however. It's KFY and I only took a one third position in that one. The reason I'm not buying these stocks right now is that the outside influence of lawmakers is adding too much risk at this point in time. When a deal is reached, I anticipate being much more active. There's one last thing I'd like to mention. I love to get feedback regarding our service. The only way we can improve it is to receive feedback, letting us know what's working and what's not. You can expect to receive a Watch List Update Report every day the stock market is open, even if there are no new developments. We'll simply tell you there are no new developments. I hope to provide this update report every day at a specified time - most likely between 2pm and 3pm EST. It will update you as to any new stocks being added to the Watch List, any changes in trading strategies, and deletions from the Watch List. The deletions could occur because of closing stop violations, pre-announcement of poor financial results, or as their next earnings date approaches. We don't hold ANY stocks into their earnings report. It's difficult to manage risk if your money is on the roulette wheel - and that's how I view the risk you take heading into an earnings report. Because we will not consider owning stocks into their earnings reports, the longest a stock will remain on our Watch List is 90 days. In most cases, it'll be 60-75 days. Again, I'd like to welcome you to our new service at EarningsBeats.com. I hope you find that it complements your trading style as we tackle the earnings season ahead. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com