Our model evaluates historical patterns based on changes in short interest and stock price, focusing on the week leading up to earnings and the day following the report.

For some stocks, no significant pattern has emerged; for others, recent price movements have been too minimal to generate a reliable forecast.

Among the companies reporting before the market close, two names exhibit both a discernible historical pattern and meaningful recent price action.

Bearish Signal: General Electric (GE); Bullish Signal: Elevance Health (ELV)

ELV: Share price declined recently—a historically bullish signal in our model. A moderate decrease in short interest further supports the positive outlook.

GE: Share price rose 7%, which historically signals a moderately bearish outlook. Additionally, a 25% increase in short interest reinforces the negative sentiment.

The short interest in GE has increased by 25% recently, which is historically bearish.

The short interest in ELV has fallen recently which in context is bullish.

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The information herein (some of which has been obtained from third party sources without verification) is believed by S3 Partners, LLC (“S3 Partners”) to be reliable and accurate. Neither S3 Partners nor any of its affiliates makes any representation as to the accuracy or completeness of the information herein or accepts liability arising from its use. Prior to making any decisions based on the information herein, you should determine, without reliance upon S3 Partners, the economic risks, and merits, as well as the legal, tax, accounting, and investment consequences, of such decisions.

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