Why your earnings strategy stopped working

WHAT BROKE THE OLD SYSTEM

Don Kaufman here. 

Everyone's still playing by 2019 rules in a 2025 market.

I keep watching traders get crushed on earnings because they're waiting for overnight gaps that just aren't coming anymore. The overnight gap plays that used to work? They're dead.

Here's what broke: Stocks barely budge overnight, then spend the entire next day slowly crawling to where they should be. 

It's like watching paint dry, except this paint makes you money.

Most traders are still setting up for fireworks that never come. 

They're buying calls expecting 10% gaps, getting frustrated when stocks only move 3% overnight, then missing the other 7% that happens slowly all day.

Meanwhile, I'm over here systematically extracting profits from this new pattern. 146% on TSM. 114% on MMM. 118% on American Express. 

All because I adapted while everyone else kept complaining.

You know what's beautiful? While traders are bitching about "boring earnings," I'm positioning for controlled convergence. They're gambling on direction. I'm calculating expected moves and capturing the drift.

The math is simple: Stock should move $10, gaps $3 overnight, drifts $7 during the session. I position for that $7 drift while everyone else is crying about the missing gap.

This isn't some temporary glitch. This is the new normal, and I've been profiting from it since I figured it out.

Want to see exactly how I'm positioning for this reality? 

To your success,
Don Kaufman