Core Viewpoint - Snap-on is expected to report earnings on July 17, 2025, with analysts projecting earnings of $4.66 per share on sales of $1.16 billion, indicating a decline from the previous year's earnings of $5.07 per share on sales of $1.18 billion [2][3] Financial Performance - Snap-on has a market capitalization of $17 billion and generated $4.7 billion in revenue over the past twelve months, with operating profits and net income both at $1.0 billion [3] Earnings Reaction History - Over the past five years, Snap-on has recorded 20 earnings data points, resulting in 10 positive and 10 negative one-day (1D) returns, with positive returns occurring approximately 50% of the time [5][6] - The median positive return for the 1D post-earnings period is 2.9%, while the median negative return is -5.9% [6][9] Post-Earnings Positioning - Traders can utilize historical probabilities to position themselves ahead of earnings releases, and evaluate the relationship between immediate and medium-term returns to guide trading decisions [6][7] - Correlation data indicates that understanding the relationship between 1D and subsequent 5D returns can inform trading strategies, particularly if a positive 1D return is observed [7][8]

Group 1 - Best Buy is set to announce its fiscal first-quarter earnings on May 29, 2025, with expected earnings of $1.09 per share and revenue of $8.82 billion, indicating a 4% year-over-year decrease in earnings and flat sales growth compared to the previous year [1] - For fiscal year 2026, Best Buy forecasts revenue between $41.4 billion and $42.2 billion, with comparable sales growth of 0% to 2% year-over-year, not accounting for potential tariff effects [2] - The company anticipates consumer behavior to remain cautious due to elevated inflation impacting household expenses, leading to a value-oriented approach to discretionary spending [2] Group 2 - Best Buy's stock has historically risen 58% of the time following earnings announcements, with a median one-day increase of 3.9% and a maximum recorded increase of 14% [1][4] - Over the past five years, there have been 19 earnings data points for Best Buy, with 11 positive and 8 negative one-day returns, resulting in positive returns approximately 58% of the time [4] - The correlation between short-term and medium-term returns post-earnings can provide a lower-risk trading strategy, particularly if the correlation is strong [3]

Group 1 - Okta is scheduled to report earnings on May 27, 2025, with historical stock volatility around earnings releases, showing a positive one-day return in 55% of instances over the past five years, with a median positive return of 11.7% and a maximum of 26.5% [1][2] - Analysts expect Okta to report earnings of $0.77 per share on sales of $680 million for the upcoming quarter, compared to earnings of $0.65 per share on sales of $617 million in the same quarter last year [2] - Okta currently has a market capitalization of $21 billion and generated $2.6 billion in revenue over the last twelve months, with an operating loss of -$63 million but a net income of $28 million [3] Group 2 - Historical data shows 20 earnings data points over the last five years, with 11 positive and 9 negative one-day returns, resulting in positive returns approximately 55% of the time, increasing to 58% over the last three years [7] - The median of the 11 positive returns is 12%, while the median of the 9 negative returns is -8.1% [7] - Strategies for event-driven traders include pre-earnings positioning based on historical odds and post-earnings positioning by examining the correlation between immediate and medium-term returns [6]

Group 1 - The article provides a step-by-step guide for selecting currency pairs based on different trading styles, emphasizing the need for alignment between trading style and currency characteristics [1][2][5]. - Day trading is characterized by short holding periods, relying on technical analysis for small profit margins, with recommended pairs including EUR/USD and USD/JPY due to their high liquidity and low spreads [2][4]. - Swing trading focuses on capturing medium-term trends over days to weeks, with suitable pairs like AUD/USD and GBP/USD driven by fundamental factors such as commodity prices and policy expectations [5][7][8]. Group 2 - Carry trade involves long-term positions to earn interest rate differentials, favoring high-yield currencies while managing exchange rate risks [12][15]. - Event-driven trading capitalizes on market reactions to economic data releases, with pairs like USD/JPY and USD/TRY being highlighted for their volatility during such events [4][22]. - Algorithmic trading strategies include statistical arbitrage, monitoring price discrepancies between currency pairs, and utilizing low-latency execution for optimal performance [14][15][26]. Group 3 - The article outlines a five-step self-assessment method for traders to evaluate their risk tolerance, time commitment, and tool compatibility when selecting currency pairs [17][19][21]. - Recommended currency pairs for different trading styles include EUR/USD and XAU/USD for day trading, AUD/USD and GBP/USD for swing trading, and AUD/JPY and USD/ZAR for carry trading, each with specific risk management parameters [21][22][23]. - Common pitfalls for novice traders include mismatching trading styles with currency pairs, overlooking overnight costs, and overtrading less liquid pairs [24][25][26].