From Growth to Maturity: Market Confusion and Apple

In after-hours trading, Apple (AAPL) fluctuated wildly from big to small loss, and was actually in the green in pre-market trading on Tuesday. Meanwhile, sell-side analysts released conflicting post-earnings reports. The market’s response to Apple’s earnings can be...

Tech Earnings Begin Strong

When many retail investors think of tech, they often think of retail-facing companies: Apple (AAPL), Google (GOOG), and Microsoft (MSFT) are top of mind. But behind these companies are a vast marketplace of b2b services, technology infrastructures, component...

The Hidden Metric Behind Chipotle’s Monstrous Rise

After hours on Thursday, Chipotle (CMG) surprised with a slight revenue beat and a slight earnings miss. Yet the stock was up in after-hours, and saw double-digit rises on Friday with numerous upgrades and higher price targets from analysts. Why is this happening?...

How the Efficient Market Hypothesis is Making the Market more Inefficient

Three American professors won the Nobel Prize for Economics this year (it’s not technically a Nobel, but we’ll ignore that). Of the three, Eugene Fama is perhaps the least well-known and celebrated amongst investors. As one of the major proponents of the...

The Sharp Decline in Volatility

While a lot of interesting individual stock stories have come and gone this week–Yum! Brands (YUM) has lost its Chinese boost, Wells Fargo (WFC) has record earnings, and JP Morgan (JPM) is lowering its compensation–even the most fundamentals-based investor...