Rising price last 30 days indicates sharlply higher earnings ahead as.....
Market price usually predicts rev. Forecast more accurately than analyst....as street always seems to pick up leaks or inside info. Better than mkt. forecasters . Bottom line...expect strong earnings and guidance ahead on Wed. .....In my estimation
That is not true. The saying is, "Buy the rumor. Sell the news". Expectations of something unknown drives stocks but does not predict what may happen. The rise on a stock like FB is not due to a pre-knowledge of earnings. Pre-earnings runs are very typical of stocks like FB. Many companies have had very high expectations just to miss those expectaions after earnings.
The earnings rise has nothing to do with actual earnings.