1. Enter the stock symbol. Scan based on dollar move or percentage move,
how much the move should be and how much in the opposite direction you are willing to risk.

2. Favorites. If you find a quality move give it a rating, select the month the move starts and notes and select save

3. Earnings year, quarter, when earnings was release before/after market, actual earnings
The next field is Pass/Fail. Pass if they beat earnings estimate failed if earnings miss.
The last field is the earnings estimate.

1. Number of days until earning release. -20 is twenty days until earnings release.
Tool will scan 20 days before earnings and 30 days after the release

2. An example of a move that repeats and rises into earnings. Look to enter a long trade.
This stock was CAM filtering on a 7 dollar move with a 2 dollar tolerance.

How the earnings scanner works

Many stocks have a historical pattern of price movement around an earnings release. This tool compares the movement of the stock based on previous earnings releases and overlays the data so that you can visually see if it has a historical price pattern.

This research would typically take you hours per stock to do it manaully. Using the earnings scanner you can literally check to see if a stock has a historic earnings move in a few seconds.

The tool alines the data based on Quarter.
Each column will have for example 2008 Q1, 2007 Q2.

Earnings release: after market close / before market open.
This is significant to understand where the price gap will occur on the scanner.

Pass/fail earnings and the actually and estimate
of earnings for that quarter.

The scanner has several parameters you can change based on your profit and risk tolerance.

1. Calculation: Do you want to scan for percentage or dollar moves?
For example: You only want to highlight moves that are 10% or a least 5 dollars.

2. Movement: How much do you want the stock to move 5 bucks or 5%

3. Tolerance: How much in the opposite direction of the move will you allow?
For example: If the stock price moves in the opposite direction more than 75 cent or 2% the move will be over.

Tolerance is a cumlative value. For example: If you scan for a stock that moves 4 dollars with a tolerance of 75 cent below would be the calculation.

Day 1: Stock moves up 0.75 Total Move = 0.75 Tolerance = 0.00
Day 2: Stock moves up 1.25 Total Move = 2.00 Tolerance = 0.00
Day 3: Stock moves down 0.25 Total Move = 1.75 Tolerance = 0.25
Day 4: Stock moves down 0.25 Total Move = 1.65 Tolerance = 0.50
Day 5: Stock moves up 3.00 Total Move = 4.65 Tolerance = 0.35
Day 6: Stock moves down 0.30 Total Move = 4.35 Tolerance = 0.85

At this point the total cummlative tolerance has been exceeded. The scanner will then check to see if the total movment is greater than or equal to 4 dollars. If yes then the data will be highlighted. The process is then repeat for the next years quarter and data.