Read the three statements in fifteen minutes, know which ratios mean something and which lie, trade earnings season and event catalysts with a plan, place a stock in its sector and rate cycle, and use fundamentals as a filter for swing trades rather than a crystal ball.
Module 1: What fundamentals do for a trader
Catalysts versus valuation, matching the tool to your time horizon, why cheap stocks keep falling, and fundamentals as a filter rather than a signal.
Module 2: Reading the three statements fast
The income statement, balance sheet and cash flow statement, the ten lines that matter, free cash flow, and a fifteen-minute read of a 10-K or 10-Q from EDGAR.
Module 3: Ratios and what they really mean
P/E, forward P/E and PEG; EV/EBITDA, P/S and P/B; ROIC, margins, debt/EBITDA and interest coverage; sector context; and the ratios that lie.
Module 4: Earnings season playbook
The calendar, consensus and whisper numbers, guidance, the reaction versus the print, post-earnings drift in plain terms, IV crush, and pre-earnings positioning risks.
Module 5: Catalysts and events
FDA decisions and product launches, M&A and arbitrage spreads, index inclusions, buybacks, dilution and offerings, Form 4 insider trades, 13F filings, short interest and squeezes.
Module 6: Sector and macro context
How rates hit growth versus value, commodity-linked sectors, cyclicals versus defensives, reading a sector ETF, and the credit cycle.
Module 7: Putting it to work
A fundamentals checklist for a swing trade, combining it with technicals, writing a thesis and its invalidation, avoiding narrative traps, and where the data comes from.
Educational content, not financial advice.