"Sometimes You Win, Sometimes You Lose, Sometimes it Rains"
Chartz with Jartz - 2020 into 2021 has definitely been an unorthodox time in many of our lives. Similarly, the stock market has seen volatility and individual securities experienced large negative moves down after beating expectations yet others shot to record highs after reporting poor earnings. As we moved into the first week of February, we watched intently as many of our holdings reported earnings. In the first chart shown above, Yellow Corporation (YRCW) reported earnings today and dropped 17% despite a somewhat positive future outlook. On the other hand, Columbia Sportswear (COLM) beat expectations and rose over 13% on the day. In our current environment, you cannot fully predict how a stock will react to fundamental reports which is why not all picks will be 'homeruns'. As Crash Davis from my favorite movie Bull Durham put it, "Sometimes you win. Sometimes you lose. Sometimes it rains". To see more Chartz with Jartz please watch the next video installment coming to viewers next week. -Game Tracker (Jake)