{"id":39464,"date":"2014-12-02T16:07:32","date_gmt":"2014-12-02T21:07:32","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=39464"},"modified":"2023-04-10T16:19:58","modified_gmt":"2023-04-10T20:19:58","slug":"trading-analyst-upgrades-and-downgrades","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/trading-analyst-upgrades-and-downgrades","title":{"rendered":"Trading Analyst Upgrades and Downgrades"},"content":{"rendered":"<p>On the Open I saw an analyst downgrade trade opportunity.\u00a0 You could hear this on our desk:<\/p>\n<p>Me: Why is this AGIO down?<\/p>\n<p>Me: Anyone see anything other than the JP Morgan downgrade in $AGIO (Agios Pharmaceuticals)?<\/p>\n<p>All I saw on my news wires was this:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-39470\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/downgrade.png\" alt=\"downgrade\" width=\"568\" height=\"64\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/downgrade.png 568w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/downgrade-300x33.png 300w\" sizes=\"auto, (max-width: 568px) 100vw, 568px\" \/><\/p>\n<p>You could hear more from me on the desk:<\/p>\n<p>Me: Anything coming across Bloomberg about $AGIO?<\/p>\n<p>Me: Anyone buying this $AGIO?<\/p>\n<p>Me: What am I missing here in this AGIO?\u00a0 It&#8217;s down 7 percent and only on a downgrade.<\/p>\n<p>There was no other news that anyone on our desk saw about AGIO other than the JPM downgrade.\u00a0 And it was down 7 percent.<\/p>\n<p>In SMB Real-Time I chatted:<\/p>\n<blockquote><p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39465 size-full\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agio.png\" alt=\"agio\" width=\"488\" height=\"51\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agio.png 488w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agio-300x31.png 300w\" sizes=\"auto, (max-width: 488px) 100vw, 488px\" \/><\/p><\/blockquote>\n<p>I found a good risk\/reward entry right on the open down near 7% and sold into the first 4% upmove for a quick and easy chop.<\/p>\n<p>Stocks up too much on upgrades are good fade candidates.\u00a0 Stocks down too much on the open because of a downgrade are interesting long opportunities.<\/p>\n<p>AGIO was an example of one such opportunity today.<\/p>\n<p>Trade well!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39468\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agiochart1.png\" alt=\"agiochart\" width=\"472\" height=\"476\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agiochart1.png 890w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agiochart1-150x150.png 150w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agiochart1-297x300.png 297w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agiochart1-300x302.png 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agiochart1-45x45.png 45w\" sizes=\"auto, (max-width: 472px) 100vw, 472px\" \/><\/p>\n<p>Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, and options. Bella is the author of<em> One Good Trade<\/em> and <em>The PlayBook<\/em>.<\/p>\n<p><a href=\"https:\/\/tradingworkshop.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-42831\" src=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2023\/03\/smbwebinarsignup.jpg\" alt=\"tradingworkshop\" width=\"600\" height=\"300\" \/><\/a><\/p>\n<p>no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the Open I saw an analyst downgrade trade opportunity.\u00a0 You could hear this on our desk: Me: Why is this AGIO down? Me: Anyone see anything other than the JP Morgan downgrade in $AGIO (Agios Pharmaceuticals)? All I saw on my news wires was this: You could hear more from me on the desk: Me: Anything coming across Bloomberg &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/trading-analyst-upgrades-and-downgrades\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":39465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4213,38,4212],"class_list":["post-39464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-downgrades","tag-trading","tag-upgrades"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trading Analyst Upgrades and Downgrades | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/trading-analyst-upgrades-and-downgrades\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trading Analyst Upgrades and Downgrades | SMB Training\" \/>\n<meta property=\"og:description\" content=\"On the Open I saw an analyst downgrade trade opportunity.\u00a0 You could hear this on our desk: Me: Why is this AGIO down? Me: Anyone see anything other than the JP Morgan downgrade in $AGIO (Agios Pharmaceuticals)? All I saw on my news wires was this: You could hear more from me on the desk: Me: Anything coming across Bloomberg ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/trading-analyst-upgrades-and-downgrades\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-02T21:07:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-10T20:19:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2014\/12\/agio.png\" \/>\n\t<meta property=\"og:image:width\" content=\"488\" \/>\n\t<meta property=\"og:image:height\" content=\"51\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta 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