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European Academy of Allergy and Clinical Immunology (BCRX, DBVT)

July 1, 2022 @ 8:00 am - 5:00 pm

This event goes until the 3rd, we are having trouble finding the complete list of companies presenting, but we have an inquiry in to the Non-Profit and hope to have an answer soon! I will update the list of companies involved as soon as we receive it.

As far as how traders might play this event, it is an In-Person event and a virtual event, so we do have that special potential for a company that might not be as well known to capitalize on the fact that, if thier presentation is great, they might attract attention from people who came to see a different company. As such, the traders who like to trade the actual event might find an idea here. Those traders would want to be extra educated on what kind of information a company is presenting, whether it was public beforehand or whether it is old news. They also would likely take into account the price action leading up to the event. If the market has sold off in a big way, taking one of these companies with it, the event trade might be a nice play.

The other group of traders, who like to buy the rumor but sell the news, would be looking at this starting a few weeks before and monitoring the 4 hour and 1 hour technicals (just the MACD is even fine here), so they could time a “runup” trade. Those traders tend to sell right before or right ON the news, because even good news can lead to a selloff if its not AS good as traders speculated (it rarely is).

Details

Date:
July 1, 2022
Time:
8:00 am - 5:00 pm