This season is no different
Amazon reported disappointed earnings today... It took about 3 minutes of after hours trading for the stock to drop almost $20.
The market did not like it.
Look at the volume traded!
Tuesday, January 31, 2012
Examples of efficiency
I love earnings season as I can point to practical examples of how quickly markets assimilate new information.
This season is no different
Amazon reported disappointed earnings today... It took about 3 minutes of after hours trading for the stock to drop almost $20.
The market did not like it.
Look at the volume traded!
This season is no different
Amazon reported disappointed earnings today... It took about 3 minutes of after hours trading for the stock to drop almost $20.
The market did not like it.
Look at the volume traded!
Friday, January 27, 2012
On the Financial Media
You have to love the differences
After the news of US 4th quarter GDP released today (1/27/2012) the FT reports:
US growth accelerates to 2.8%
On yahoo finance at the same time you read (from the AP)
Stocks slip after US economic growth disappoints
I may sound counter intuitive but I prefer foreign media to learn about the US and domestic media to learn about overseas.
After the news of US 4th quarter GDP released today (1/27/2012) the FT reports:
US growth accelerates to 2.8%
On yahoo finance at the same time you read (from the AP)
Stocks slip after US economic growth disappoints
I may sound counter intuitive but I prefer foreign media to learn about the US and domestic media to learn about overseas.
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