Investing Research Articles

…while changes in bond yields have short-term effects on stock prices, valuation ratios better forecast long-term stock market behavior.

…the quality (more than the quantity) of emerging earnings moves corporate officers to adjust repurchasing and personal trading of company stock.

…individual investors can look at their own trading patterns for clustering to assess whether they act like big picture or little picture traders.

…while there is a weak negative correlation between aggregate downward earnings guidance and monthly stock market returns, the stock market probably leads the guidance.

…excess returns of the higher-priced stocks entering the Regulation SHO threshold list merit some consideration.

…picking through the stocks leaving the Regulation SHO threshold lists may be worthwhile.

…very recent data suggests that short sellers on average are contrarians who predict (or trigger?) near-term stock price underperformance. However, the underperformance is economically insignificant due to transaction and carrying costs.

…the disposition effect may serve as the bootstrap of momentum investing by retarding the impact of good (bad) news for stocks with large unrealized capital gains (losses).

…a very good introduction to a range of investment styles for new (but diligent) investors and a refresher for experienced ones.

…momentum investing works, driven partly by reward for the risk of the unusual but transitory sensitivity of high-momentum stocks to overall economic growth.