Between record dip-buying and the roller coaster in Robinhood Markets Inc., the meme-stock army is running wild across Wall Street again making life harder for institutional pros trading popular quant strategies.
10 Penny Stocks Redditors are Buying in August insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Investors say ‘meh’ to blockbuster earnings of the decade
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By Justina Lee
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With stock benchmarks near records and valuations elevated, the boardrooms of corporate America are having their work cut out to impress an already jubilant Wall Street.
Here’s how high the bar is: S&P 500 companies reporting revenues and profits that either met or bested forecasts rose just 0.9 per cent on the news, while those that disappointed dropped 2.6 per cent, Sanford C. Bernstein data show.
In short, stocks aren’t popping on good news, but they’re being punished if it’s bad.
Investors say meh to blockbuster earnings of the decade smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
Quants With $2 Trillion Hit by Correlations at 20-Year High Many quants are hoping now that as people get vaccinated and economies recover, factors will move to their own beat again and trade on the fundamental rules discovered by academics decades ago.
Justina Lee | Jan 12, 2021
(Bloomberg) Stock market records are doing little to revive fortunes in factor investing, a $2 trillion corner of the quant world that dissects stocks by attributes like how cheap they look or how fast they’ve risen.
The strategies are failing to live up to their diversification label in an era when recession-spurring lockdowns, rally-inducing stimulus and game-changing vaccines are all moving markets.