One Way to Sidestep Earnings Land Mines

Last week marked the official start to December-quarter earnings with Alcoa (AA), whose shares tumbled following a report that was less than well-received by Wall Street. The velocity of reports picked up this week, particularly in the financial space, as JPMorgan Chase (JPM), Wells Fargo (WFC), Bank of America (BAC) and others turn in their numbers. Next week, we'll be in the belly of the earnings beast with more than 377 companies reporting, and one of the challenges for you as an investor is getting ahead of what may happen, be it good or bad.

While I've shared this bit of advice with Real Money Pro subscribers in the past, it bears repeating: Aside from assessing the fundamental trends, it also pays to watch what company insiders are doing. While this strategy isn't a silver bullet, insider action can be a meaningful tell of what is to come, and it's tracked by traders and investors alike. Heck, there's even an ETF for it: Guggenheim Insider Sentiment ETF (NFO)....410 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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