The Charles Schwab Corporation, an American multinational financial services company, provides a range of services encompassing banking, commercial banking, investment services, and related offerings such as consultancy and wealth management advisory services. These services cater to both retail and institutional clients.
However, the seasonal pattern for the stock has been extremely bad over the last 15 years with share prices falling over 85% of the time between January 18th and January 31st!
Check out the video for more details!
Will Charles Schwab’s shares fall out of the earnings release again today?
The major trade risk here is if earnings significantly surprise to the upside.
Remember don’t just trade it, Seasonax it!