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👍 | What To Make Of An “Irrational” Stock Market


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What To Make Of An “Irrational” Stock Market

We're also smack dab in the middle of earnings season. This is when companies tell the world how their business is doing. They reveal how much their sales grew and if they turned a profit. Q3 2020 hedge fund letters, conferences and moreGood quarterly results, as I'm sure you know, can cause a stock to race higher. Bad earnings, on the other hand, can send a stock into a tailspin. In fact, it's quite common for a stock to move 20%, 30% , or even 40% in a day based on earnings.More importantly, earnings can set the tone for a stock going forward. They can dictate a stock's hedge for weeks, m… → Continue reading

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