Most of the time, earnings season creates opportunities for HX Trader.

There are often large sell-offs in stock prices due to "noise" around the corner.

What can then happen is that on the NEXT earnings report, the company reports a "clean" quarter and recovers.

We are taking profits today on one of these situations.

Here is the update…

In August, we recommended shares of industrial and electrical equipment manufacturer Emerson Electric Co. (NYSE: EMR).

This 135-year-old company is a leading manufacturer of electricity and benefits from the updating and expanding of our electricity infrastructure.

In their last quarter, reported on August 7, they beat bottom–line numbers but missed the revenue estimate by less than 1%.

They reported last night, and THIS time, they beat on all the metrics.

We predicted this would happen as the company had strong operating momentum.

We will take advantage of the strength in the shares and book our profits!