"Buy the rumor, sell the news"
Yes it's Econ 101, Market design 201, Behavioral Finance 301...
For the rest of us, it's counterintuitive and can lead to losses (ex. you short bad news as the market rallies and never looks back, leaving you in the dust.
Yes it's Econ 101, Market design 201, Behavioral Finance 301...
For the rest of us, it's counterintuitive and can lead to losses (ex. you short bad news as the market rallies and never looks back, leaving you in the dust.