With WrestleMania 33 upon us, World Wrestling Entertainment, Inc. WWE 1.11% shares may be perfectly positioned for a post-event short trade. Once again this year, WWE plans to host a post-WrestleMania conference call on Monday to update shareholders on WWE Network subscriber numbers.

Last week, reports surfaced that company management was hoping to reach 2 million network subscribers by WrestleMania. That goal represents an ambitious 40 percent jump from the company’s last reported subscriber count of only 1.40 million.

Since the launch of the WWE Network in 2014, traders have been disappointed with WWE’s post-WrestleMania updates. WWE stock has sold off by more than 2.1 percent during the post-WrestleMania week all three years, averaging a dismal 6.5 percent one-week loss.

This year, WWE stock may be particularly ripe for a selloff if the company doesn’t deliver an impressive subscriber count. In the past three months, WWE shares have climbed 21.4 percent, and traders could be quick to take profits.

Earlier this week, Citigroup estimated…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!