The point isn’t that Blackrock picked robots over humans. The point comes later. If you missed the news, last week the Wall Street Journal’s Sarah Krouse reported that Blackrock will revamp its $275 billion business for selecting individual stocks, turning…
View pageEveryone complains about the weather but nobody does anything about it. Mark Twain often gets credit for the clever quip but Twain’s friend Charles Dudley Warner said it. We’re not here to talk weather though the east coast is wishing…
View pageWhen you’re in a store, how often do you ask for help finding a product? Now think about that, investor-relations professionals, and investors. You former are in the business of telling the story – helping people in the store find…
View page“Our stock dropped because Citi downgraded us today.” So said the investor-relations chief for a technology firm last week during options-expirations. For thirty years, this has been the intonation of IR. “We’re moving on the Goldman upgrade.” “UBS lifted its…
View pageThe whole market is behaving as though it’s got an Activist shareholder. In a sense it does. More on that in a minute. We track the effects of Activism on trading and investment behaviors both before it’s widely known and…
View pageThe market appears to have become the Walking Dead. I don’t mean a collection of bodies reduced to bloody pulp by a barbed-wire encased baseball bat. That would be the Presidential election. (Aside: you who watched the new Dead episode…
View pageIn the five trading days ended Oct 17, 49.1% of average daily stock volume was short. “Wait, what?” you say. “Half the stock market is short?” Yes, that’s right. Short volume last topped 49% marketwide in mid-April. The market glided…
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