Several Websites list information on earnings surprises. Much of the information supplied is from Zacks.com. Each day the largest positive and negative surprises are listed. Go to: www.zacks.com/research/earnings/today_eps.php and identify the top positive and the top negative earnings surprises for the day. The table will list the time and date of the announcement. Do you notice any difference between the times of day positive announcements tend to be made versus negative announcements? Identify the tickers for the top three positive surprises. Once you have identified the top surprises, go to finance.yahoo.com. Enter the ticker symbols and obtain quotes for these securities. Examine the five-day charts for each of the companies and answer these questions: Is there any evidence of prior knowledge or anticipation of the disclosure in advance of the trading?