Reloading Google's Post-Earnings Trade

When I examined the trading patterns in Google’s (GOOG) stock between earnings reports, I found little consistency for forming a trading strategy. For October’s earnings cycle, I chose to play one of the few promising historical patterns: 67% of the times that GOOG opened up in response to earnings, the maximum close until the next earnings report was at least 10% above the post-earnings open. If ...